Institutional Manager · CIK 0001373442

Mariner, LLC

Overland Park, KS · File #028-13550

Latest AUM

$83.99B

Positions

5,567

Top-10 Concentration

53.5%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	MICROSOFT CORP	MSFT	+4,949,889	+$2.39B	-$590,402
ADD	BROADCOM INC	AVGO	+3,659,443	+$1.27B	+$97,932
REDUCE	AMAZON COM INC	AMZN	-5,169,633	-$1.19B	+$58.3M
REDUCE	ISHARES TR	464287507	-13,165,912	-$869.0M	+$10.2M
REDUCE	SPDR S&P 500 ETF TR	SPY	-1,220,399	-$832.6M	+$19.8M
ADD	ISHARES TR	464287226	+7,895,139	+$788.6M	-$510,569
ADD	ELI LILLY & CO	LLY	+618,565	+$664.8M	+$5.0M
REDUCE	ALPHABET INC	GOOG	-1,926,747	-$604.7M	+$143.6M
ADD	BERKSHIRE HATHAWAY INC DEL	BRK-A	+1,098,290	+$552.1M	-$248
ADD	SCHWAB STRATEGIC TR	808524300	+16,383,267	+$534.4M	+$395,067

Sector Allocation

Technology

21.4%$17.98B

Financials

4.9%$4.15B

Consumer Discretionary

4.7%$3.98B

Healthcare

4.5%$3.78B

Industrials

3.1%$2.62B

Communication Services

1.7%$1.42B

1.4%$1.18B

1.3%$1.08B

0.5%$457.1M

0.2%$193.0M

0.2%$176.1M

Filing History

Feb 13, 202613F HOLDINGS REPORTQ/E Dec 20255,567 pos · $83.99B
Nov 14, 202513F HOLDINGS REPORTQ/E Sep 20255,558 pos · $77.39B
Aug 14, 202513F HOLDINGS REPORTQ/E Jun 20255,449 pos · $69.28B
May 15, 202513F HOLDINGS REPORTQ/E Mar 20255,370 pos · $60.10B
Feb 13, 202513F HOLDINGS REPORTQ/E Dec 20245,272 pos · $59.55B
Nov 13, 202413F HOLDINGS REPORTQ/E Sep 20245,147 pos · $56.36B
Aug 13, 202413F HOLDINGS REPORTQ/E Jun 20244,978 pos · $51.58B
May 15, 202413F HOLDINGS REPORTQ/E Mar 20244,944 pos · $48.36B
Nov 13, 202313F HOLDINGS REPORTQ/E Dec 20234,018 pos · $37.29B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	NVIDIA CORPORATION	NVDA	23,999,996	$4.48B	10.90%
2	APPLE INC	AAPL	15,919,803	$4.33B	10.54%
3	ISHARES TR	464287200	4,562,111	$3.12B	7.61%
4	MICROSOFT CORP	MSFT	4,967,107	$2.40B	5.85%
5	VANGUARD TAX-MANAGED FDS	921943858	31,060,609	$1.94B	4.73%
6	AMAZON COM INC	AMZN	5,587,562	$1.29B	3.14%
7	BROADCOM INC	AVGO	3,665,481	$1.27B	3.09%
8	ALPHABET INC	GOOG	4,030,770	$1.26B	3.07%
9	ISHARES TR	464287507	14,265,190	$941.5M	2.29%
10	JPMORGAN CHASE & CO.	VYLD	2,890,373	$931.4M	2.27%
11	ISHARES TR	464287226	9,275,504	$926.4M	2.26%
12	META PLATFORMS INC	META	1,371,610	$905.5M	2.21%
13	SPDR S&P 500 ETF TR	SPY	1,302,149	$888.0M	2.16%
14	VANGUARD INDEX FDS	922908736	1,671,878	$815.6M	1.99%
15	TESLA INC	TSLA	1,674,052	$753.0M	1.83%
16	VANGUARD INDEX FDS	922908744	3,854,254	$736.1M	1.79%
17	ISHARES TR	46432F842	7,968,496	$712.9M	1.74%
18	ELI LILLY & CO	LLY	634,444	$681.9M	1.66%
19	ALPHABET INC	GOOG	2,158,736	$677.5M	1.65%
20	ISHARES TR	46434V613	13,099,803	$609.7M	1.49%