Q2 2026 13F · SEC CIK 2022427

Marshall Investment Management, LLC

Wealth managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $240.8M
Reported positions: 497
Holdings vs S&P 500, 3 yrs: —
Assets under management: $298.0M

Marshall Investment Management, LLC is a wealth manager that reported 497 positions worth $240.8M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Spdr Gold Tr (GLD, 7.3%), Pimco Equity Ser (MFUS, 5.1%), Invesco Exchange Traded Fd T (XMHQ, 4.5%).

Marshall Investment Management, LLC holdings largest 50 of 497 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Marshall Investment Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
GLDSpdr Gold Tr	7.3%	9.7%	47,749	+1.5%	$17.6M
MFUSPimco Equity Ser	5.1%	5.4%	184,309	-5.3%	$12.4M
XMHQInvesco Exchange Traded Fd T	4.5%	—	95,805	—	$10.8M
BRK-BBerkshire Hathaway Inc Del	4.2%	4.6%	20,218	+1.0%	$10.1M
MSFTMicrosoft Corp	3.4%	3.6%	21,931	+8.6%	$8.2M
AMZNAmazon Com Inc	3.4%	3.2%	34,118	+5.9%	$8.1M
AAPLApple Inc	2.8%	2.4%	23,705	+21.8%	$6.9M
FGROFidelity Covington Trust	2.8%	2.8%	197,558	-5.3%	$6.9M
CRWDCrowdstrike Hldgs Inc	2.7%	1.6%	8,621	+4.1%	$6.6M
FELVFidelity Covington Trust	2.7%	2.8%	159,753	-5.2%	$6.4M
GOOGAlphabet Inc	2.4%	2.2%	16,629	+2.1%	$5.9M
JPMJpmorgan Chase & Co	2.4%	2.3%	17,670	+7.8%	$5.8M
RDVYFirst Tr Exchange Traded Fd	2.4%	2.4%	71,292	-2.5%	$5.8M
NVDANvidia Corporation	2.3%	2.2%	27,849	+4.1%	$5.6M
TSMTaiwan Semiconductor Manufac	2.3%	1.8%	11,665	+4.6%	$5.6M
SOXQInvesco Exch Traded Fd Tr II	2.2%	1.2%	47,555	+12.4%	$5.3M
FTHFFirst Trust	2.1%	1.9%	103,032	-4.7%	$5.1M
AIRRFirst Tr Exchange Traded Fd	2.1%	1.9%	38,381	+9.3%	$5.1M
LLYEli Lilly & Co	2.1%	1.7%	4,220	+7.0%	$5.1M
MFSBMfs Active Exchange Traded F	1.9%	2.2%	179,667	-0.8%	$4.5M
FLXRTcw Flexible	1.7%	1.9%	101,483	-0.0%	$4.0M
WMTWalmart Inc	1.5%	1.8%	32,814	+8.8%	$3.7M
DUKDuke Energy Corp New	1.5%	1.7%	28,395	+7.4%	$3.6M
VZVerizon Communications Inc	1.3%	1.7%	74,924	+6.5%	$3.2M
XARState Streer	1.3%	1.2%	11,089	+10.8%	$3.1M
FVFirst Tr Exchange Traded Fd	1.3%	1.3%	40,124	-10.7%	$3.0M
AMGNAmgen Inc	1.3%	1.3%	8,386	+7.7%	$3.0M
FPEIFirst Tr Exch Traded Fd III	1.2%	1.4%	155,197	-2.0%	$3.0M
LITGlobal X Fds	1.2%	1.1%	35,398	+12.9%	$2.8M
FDLFirst Tr Exchange-Traded Fd	1.1%	1.5%	56,522	-9.1%	$2.8M
FVDFirst Tr Exchange-Traded Fd	1.1%	1.3%	55,922	-1.0%	$2.7M
JNJJohnson & Johnson	1.1%	1.2%	10,479	+5.4%	$2.7M
NLRVaneck ETF Trust	1.1%	1.0%	22,810	+45.9%	$2.6M
XLISelect Sector Spdr Tr	1.1%	0.8%	13,852	+42.6%	$2.6M
TDIVFirst Tr Exchange Traded Fd	1.1%	0.9%	22,198	+5.7%	$2.6M
PAVEGlobal X U.s. Infrastructure Development	1.0%	1.1%	42,268	-4.4%	$2.5M
XSMOInvesco Exchange Traded Fd T	1.0%	1.0%	24,849	-5.0%	$2.3M
FTCSFirst Tr Exchange-Traded Fd	0.9%	1.1%	24,076	-0.5%	$2.3M
EIPXFirst Tr Exchange-Traded Fd	0.9%	0.8%	65,788	+30.1%	$2.1M
NBOSNeuberger Option	0.8%	—	71,901	—	$2.0M
QQEWFirst Tr Exchange-Traded Fd	0.8%	0.8%	12,620	-2.1%	$2.0M
GRIDFirst Tr Exchange-Traded Fd	0.8%	0.8%	9,704	+0.2%	$1.9M
ARKWARK Next Generation	0.8%	0.8%	12,808	-1.8%	$1.9M
SDVYFirst Tr Exchange Traded Fd	0.7%	0.8%	41,554	-2.9%	$1.8M
SPYState Str Spdr S&p 500 ETF T	0.7%	0.8%	2,284	-15.7%	$1.7M
VOOVanguard Index Fds	0.6%	0.7%	2,158	-9.6%	$1.5M
FTXHFirst Tr Exchange Traded Fd	0.6%	0.7%	38,080	-15.8%	$1.5M
RDVIFirst Tr Exchange-Traded Fd	0.5%	—	42,431	—	$1.2M
ARKXArk ETF Tr	0.5%	0.5%	36,265	-4.1%	$1.2M
XMESpdr Series Trust	0.5%	0.5%	10,790	+21.0%	$1.2M

What Marshall Investment Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +8.3% /yr; S&P 500 +11.7%
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$240.8M	497
Q1 2026	$208.5M	274
Q4 2025	$199.1M	76
Q3 2025	$188.9M	75
Q2 2025	$21.0M	27
Q1 2025	$161.0M	248
Q4 2024	$169.7M	135

Questions about Marshall Investment Management, LLC's portfolio

What stocks does Marshall Investment Management, LLC own?

Marshall Investment Management, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 497 positions worth $240.8M. The largest are Spdr Gold Tr (GLD) at 7.3%, Pimco Equity Ser (MFUS) at 5.1%, Invesco Exchange Traded Fd T (XMHQ) at 4.5%, Berkshire Hathaway Inc Del (BRK-B) at 4.2% and Microsoft Corp (MSFT) at 3.4%.

What did Marshall Investment Management, LLC buy last quarter?

In Q2 2026, Marshall Investment Management, LLC added Vaneck ETF Trust (NLR) (+45.9% shares), Select Sector Spdr Tr (XLI) (+42.6% shares) and First Tr Exchange-Traded Fd (EIPX) (+30.1% shares), compared with its Q1 2026 filing.

What did Marshall Investment Management, LLC sell last quarter?

In Q2 2026, Marshall Investment Management, LLC cut from its top 50 Invesco Exchange Traded Fd T (RPV), cut from its top 50 First Tr Exchange-Traded Fd (MISL), cut from its top 50 John Hancock Exchange Traded (JHMM), First Tr Exchange Traded Fd (FTXH) (-15.8% shares), State Str Spdr S&p 500 ETF T (SPY) (-15.7% shares) and First Tr Exchange Traded Fd (FV) (-10.7% shares), compared with its Q1 2026 filing.

When is Marshall Investment Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Marshall Investment Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Marshall Investment Management, LLC manage?

Marshall Investment Management, LLC reported $298.0M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $240.8M.