13F HOLDINGS REPORT
Marino Management, LLC
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0001999371-26-003327
Total Value
$503.6M
Positions
11
Other Managers
0
Confidential Omitted
No
Holdings (11)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR GOLD TR | GLD | 671,092 | $266.0M | 52.82% |
| 2 | SPDR GOLD TR | GLD | 435,303 | $172.5M | 34.26% |
| 3 | ISHARES TR | 464287176 | 126,194 | $13.9M | 2.76% |
| 4 | ISHARES TR | 464287432 | 154,653 | $13.6M | 2.70% |
| 5 | ISHARES GOLD TR | IAU | 149,479 | $12.2M | 2.43% |
| 6 | VANGUARD TAX-MANAGED FDS | 921943858 | 113,061 | $7.1M | 1.41% |
| 7 | VANGUARD INDEX FDS | 922908363 | 10,836 | $6.8M | 1.36% |
| 8 | VANGUARD INTL EQUITY INDEX F | 922042858 | 100,287 | $5.4M | 1.07% |
| 9 | INVESCO DB COMMDY INDX TRCK | IVZ | 155,962 | $3.5M | 0.70% |
| 10 | BARCLAYS BANK PLC | VXZ | 33,691 | $1.3M | 0.26% |
| 11 | ISHARES S&P GSCI COMMODITY- | ISMCF | 52,091 | $1.2M | 0.24% |