13F HOLDINGS REPORT
Markin Asset Management, LP
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0001754960-26-000182
Total Value
$91.0M
Positions
45
Other Managers
0
Confidential Omitted
No
Holdings (45)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287226 | 135,753 | $13.6M | 14.90% |
| 2 | ISHARES TR | 46434V860 | 217,212 | $11.0M | 12.05% |
| 3 | SELECT SECTOR SPDR TR | 81369Y803 | 61,588 | $8.9M | 9.75% |
| 4 | SPDR GOLD TR | GLD | 11,107 | $4.4M | 4.84% |
| 5 | SPDR S&P 500 ETF TR | SPY | 5,819 | $4.0M | 4.36% |
| 6 | SELECT SECTOR SPDR TR | 81369Y605 | 65,256 | $3.6M | 3.93% |
| 7 | ISHARES TR | 464287440 | 35,984 | $3.5M | 3.80% |
| 8 | ISHARES TR | 464288661 | 27,792 | $3.3M | 3.65% |
| 9 | VANGUARD INDEX FDS | 922908363 | 5,041 | $3.2M | 3.48% |
| 10 | INVESCO QQQ TR | IVZ | 4,959 | $3.0M | 3.35% |
| 11 | MICROSOFT CORP | MSFT | 5,343 | $2.6M | 2.84% |
| 12 | SELECT SECTOR SPDR TR | 81369Y852 | 21,250 | $2.5M | 2.75% |
| 13 | VANGUARD INTL EQUITY INDEX F | 922042775 | 33,309 | $2.5M | 2.69% |
| 14 | SELECT SECTOR SPDR TR | 81369Y209 | 15,488 | $2.4M | 2.64% |
| 15 | SELECT SECTOR SPDR TR | 81369Y407 | 19,207 | $2.3M | 2.52% |
| 16 | APPLE INC | AAPL | 7,395 | $2.0M | 2.21% |
| 17 | SELECT SECTOR SPDR TR | 81369Y704 | 12,848 | $2.0M | 2.19% |
| 18 | SPDR SERIES TRUST | 78468R853 | 32,245 | $1.5M | 1.66% |
| 19 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 2,956 | $1.5M | 1.63% |
| 20 | ISHARES TR | 464287457 | 16,787 | $1.4M | 1.53% |
| 21 | SELECT SECTOR SPDR TR | 81369Y308 | 15,373 | $1.2M | 1.31% |
| 22 | NVIDIA CORPORATION | NVDA | 6,235 | $1.2M | 1.28% |
| 23 | AMAZON COM INC | AMZN | 4,927 | $1.1M | 1.25% |
| 24 | ALPHABET INC | GOOG | 2,790 | $875,502 | 0.96% |
| 25 | SELECT SECTOR SPDR TR | 81369Y506 | 14,546 | $650,345 | 0.71% |
| 26 | SELECT SECTOR SPDR TR | 81369Y886 | 14,055 | $600,025 | 0.66% |
| 27 | VANGUARD INDEX FDS | 922908769 | 1,662 | $557,219 | 0.61% |
| 28 | TESLA INC | TSLA | 1,113 | $500,538 | 0.55% |
| 29 | SELECT SECTOR SPDR TR | 81369Y860 | 10,993 | $443,575 | 0.49% |
| 30 | SELECT SECTOR SPDR TR | 81369Y100 | 9,617 | $436,125 | 0.48% |
| 31 | VANGUARD TAX-MANAGED FDS | 921943858 | 6,837 | $427,107 | 0.47% |
| 32 | ELI LILLY & CO | LLY | 396 | $425,908 | 0.47% |
| 33 | CALAMOS ETF TR | 12811T688 | 17,374 | $417,845 | 0.46% |
| 34 | ALPHABET INC | GOOG | 1,248 | $390,624 | 0.43% |
| 35 | CALAMOS ETF TR | 12811T647 | 14,241 | $350,044 | 0.38% |
| 36 | PALANTIR TECHNOLOGIES INC | PLTR | 1,920 | $341,280 | 0.38% |
| 37 | FIDELITY WISE ORIGIN BITCOIN | FBTC | 4,215 | $321,309 | 0.35% |
| 38 | ISHARES TR | 46435G672 | 6,028 | $301,460 | 0.33% |
| 39 | INVESCO CURRENCYSHARES SWISS | 46138R108 | 2,149 | $239,828 | 0.26% |
| 40 | INVESCO CURRENCYSHARES JAPAN | 46138W107 | 3,707 | $217,490 | 0.24% |
| 41 | SPDR SERIES TRUST | 78464A854 | 2,685 | $215,391 | 0.24% |
| 42 | BROADCOM INC | AVGO | 612 | $211,813 | 0.23% |
| 43 | ISHARES TR | 464289859 | 2,362 | $211,541 | 0.23% |
| 44 | META PLATFORMS INC | META | 312 | $205,981 | 0.23% |
| 45 | MICRON TECHNOLOGY INC | MU | 712 | $203,212 | 0.22% |