Marathon Capital Management Q3 2026 Investment Activity: Major Buys and Sales

Marathon Capital Management, as of September 30, 2026, has shown active investment behavior this quarter, with substantial changes in its holdings. The fund's total portfolio value is $477.59 million, and its holdings have been adjusted significantly.

Major Purchases This Quarter

This quarter, Marathon Capital Management made several significant purchases, boosting its portfolio with substantial allocations. The most notable acquisition was ZETA (ZETA Global Holdings Corp), which saw a massive increase of 98.63% in its shareholding, adding 236,475 shares. This stock now accounts for 3.08% of the fund's holdings.

Other significant buys include SGOV (iShares TR), which increased by 57.79% (26,360 shares), now representing 1.48% of the portfolio. Marathon also added a considerable position in DECK (Deckers Outdoor Corp), increasing shares by 100% (82,585 shares), bringing its allocation to 1.32%. Additionally, the fund invested heavily in AXTI (Axti Inc) and LPTH (Lightpath Technologies Inc), both seeing 100% increases in this period.

Significant Sales and Reductions

Conversely, the fund also reduced its exposure in several areas during this quarter. PAR (Par Technology Corp) experienced a 46.75% reduction (-37,410 shares), lowering its allocation. Similarly, IBDT (iShares TR) saw a 100% reduction (8,400 shares sold), though its allocation percentage remains unchanged.

Marathon Capital Management also divested from ELUT (Elutia Inc), which was completely removed from the portfolio (allocation percentage dropped to 0.00%). Additionally, the fund sold shares in DYAI (Dyadic Intl Inc Del) and ADMA (Adma Bioligics Inc), which experienced substantial reductions of 32.13% and 46.5% respectively.

Overall Portfolio Shifts

The changes observed by Marathon Capital Management this quarter indicate a dynamic approach to portfolio management. The fund has maintained its focus on sectors like Technology and Financial Services, which remain heavily represented. However, the significant reduction in certain holdings suggests a strategic shift away from some areas.

For detailed information about Marathon Capital Management's investment activities, you can visit their profile at https://www.insiderset.com/institutions/marathon-capital-management. The specific transactions discussed can be explored further by visiting the respective stock pages linked above.