Institutional Manager · CIK 0002021711

Marathon Strategic Advisors, LLC

PITTSBURGH, PA · File #028-24085

Latest AUM

$131.0M

Positions

Top-10 Concentration

68.9%

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	SPDR SERIES TRUST	78464A847	+78,279	+$4.5M	+$160,526
ADD	INTEL CORP	INTC	+45,640	+$1.7M	+$215,392
REDUCE	VANECK ETF TRUST	92189F791	-14,657	-$1.7M	+$405,440
ADD	VANGUARD INDEX FDS	922908553	+16,499	+$1.5M	-$175,302
REDUCE	ISHARES TR	464287200	-1,191	-$815,748	+$253,502
REDUCE	SPDR SERIES TRUST	78464A854	-6,987	-$560,497	+$294,518
ADD	MICROSOFT CORP	MSFT	+1,057	+$511,122	-$47,992
ADD	BLACKROCK FLOATING RATE INCO	BLK	+38,347	+$451,727	-$397,072
REDUCE	CREDO TECHNOLOGY GROUP HOLDI	CRDO	-2,875	-$413,684	-$22,933
REDUCE	SPDR INDEX SHS FDS	78463X889	-8,723	-$387,388	+$401,957

Sector Allocation

8.8%$11.6M

5.4%$7.1M

2.4%$3.1M

0.8%$986,241

0.7%$898,467

0.6%$732,705

Consumer Discretionary

0.3%$430,480

Consumer Staples

0.3%$342,296

Filing History

Feb 11, 202613F HOLDINGS REPORTQ/E Dec 202550 pos · $131.0M
Oct 9, 202513F HOLDINGS REPORTQ/E Sep 202550 pos · $124.9M
Jul 29, 202513F HOLDINGS REPORTQ/E Jun 202540 pos · $107.6M
Apr 17, 202513F HOLDINGS REPORTQ/E Mar 202537 pos · $93.0M
Jan 17, 202513F HOLDINGS REPORTQ/E Dec 202436 pos · $92.4M
Oct 7, 202413F HOLDINGS REPORTQ/E Sep 202437 pos · $94.6M
Jul 8, 202413F HOLDINGS REPORTQ/E Jun 202445 pos · $85.6M
Apr 30, 202413F HOLDINGS REPORTQ/E Mar 202430 pos · $73.8M
Apr 30, 202413F HOLDINGS REPORTQ/E Mar 202433 pos · $82.1M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR SERIES TRUST	78464A847	301,232	$17.4M	13.32%
2	SPDR SERIES TRUST	78464A854	149,672	$12.0M	9.17%
3	SPDR INDEX SHS FDS	78463X509	240,797	$11.3M	8.61%
4	SPDR INDEX SHS FDS	78463X889	239,399	$10.6M	8.12%
5	ISHARES TR	464287200	15,014	$10.3M	7.85%
6	VANGUARD INDEX FDS	922908553	76,341	$6.8M	5.16%
7	VANGUARD TAX-MANAGED FDS	921943858	99,727	$6.2M	4.76%
8	VANGUARD INTL EQUITY INDEX F	922042676	124,640	$5.7M	4.36%
9	VANGUARD INDEX FDS	922908629	17,108	$5.0M	3.79%
10	VANGUARD INTL EQUITY INDEX F	922042858	90,754	$4.9M	3.73%
11	BLACKROCK FLOATING RATE INCO	BLK	369,243	$4.3M	3.32%
12	INTEL CORP	INTC	109,936	$4.1M	3.10%
13	CALAMOS CONV OPPORTUNITIES &	128117108	276,926	$2.9M	2.22%
14	SPDR SERIES TRUST	78468R853	54,514	$2.6M	1.95%
15	WISDOMTREE TR	WT	66,599	$2.2M	1.70%
16	WISDOMTREE TR	WT	24,627	$2.0M	1.52%
17	WISDOMTREE TR	WT	33,399	$1.9M	1.46%
18	EXXON MOBIL CORP	XOM	13,713	$1.7M	1.26%
19	CREDO TECHNOLOGY GROUP HOLDI	CRDO	10,458	$1.5M	1.15%
20	VANECK ETF TRUST	92189F791	12,836	$1.5M	1.12%