Marnell Management LLC
Net buyer this quarter
$260M
65
+$21.5M
30.0%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 SBLK | $12.9M | 4.95% | 0.45% | +19.9% | Q4 2025 |
 CNR | $10.3M | 3.96% | 0.26% | +74.1% | Q4 2025 |
 DHT | $8.96M | 3.44% | 0.34% | +618.3% | Q4 2025 |
 WULF | $8.03M | 3.08% | 0.07% | -52.7% | Q4 2025 |
 TRMD | $6.85M | 2.63% | 0.26% | +6.1% | Q4 2025 |
 TDW | $6.56M | 2.52% | 0.20% | +78.7% | Q4 2025 |
 HCC | $6.45M | 2.48% | 0.15% | +42.2% | Q4 2025 |
 VNO | $6.14M | 2.36% | 0.08% | +9.6% | Q4 2025 |
 GTX | $5.93M | 2.28% | 0.09% | -10.0% | Q4 2025 |
 FCNCA | $5.89M | 2.26% | Not reported | +13.2% | Q4 2025 |
 DEI | $5.87M | 2.25% | 0.30% | +14.0% | Q1 2026 |
 JBGS | $5.6M | 2.15% | 0.64% | -15.6% | Q4 2025 |
 TLN | $5.59M | 2.15% | 0.03% | +9.7% | Q4 2025 |
 COMP | $5.22M | 2.00% | 0.06% | +55.8% | Q1 2026 |
 ECO | $4.83M | 1.85% | 0.27% | +80.8% | Q4 2025 |
 NMM | $4.74M | 1.82% | 0.24% | +17.2% | Q4 2025 |
 ALX | $4.68M | 1.80% | 0.33% | +7.3% | Q4 2025 |
 CMBT | $4.35M | 1.67% | 0.10% | +121.3% | Q4 2025 |
 SHW | $4.34M | 1.67% | 0.01% | +34.9% | Q4 2025 |
 BORR | $3.81M | 1.46% | 0.30% | New | Q2 2026 |
 NXRT | $3.67M | 1.41% | 0.51% | -3.1% | Q4 2025 |
 RIG | $3.62M | 1.39% | 0.07% | +118.2% | Q4 2025 |
 ECHO | $3.59M | 1.38% | 0.07% | +614.9% | Q4 2025 |
 EXP | $3.38M | 1.30% | 0.05% | +26.0% | Q4 2025 |
 ASC | $3.31M | 1.27% | 0.58% | -21.1% | Q4 2025 |
 CENX | $3.29M | 1.26% | 0.07% | +57.9% | Q4 2025 |
 HSHP | $2.9M | 1.11% | 0.46% | +32.4% | Q1 2026 |
 TNK | $2.88M | 1.11% | 0.42% | +88.4% | Q4 2025 |
 FRO | $2.82M | 1.08% | 0.04% | +36.8% | Q4 2025 |
 LEN | $2.45M | 0.94% | Not reported | +42.6% | Q1 2026 |
 INSW | $2.45M | 0.94% | 0.06% | +29.9% | Q4 2025 |
 FBIN | $2.44M | 0.94% | 0.04% | -7.5% | Q1 2026 |
 NVGS | $1.85M | 0.71% | 0.16% | +99.1% | Q1 2026 |
 STNG | $1.71M | 0.66% | 0.05% | -6.1% | Q4 2025 |
 METC | $1.62M | 0.62% | 0.28% | +3.8% | Q1 2026 |
 HPP | $1.55M | 0.60% | 0.19% | -14.1% | Q1 2026 |
 MLM | $1.53M | 0.59% | 0.00% | +77.8% | Q4 2025 |
 GLD | $1.52M | 0.58% | 0.00% | Not reported | Q4 2025 |
 HUT | $1.51M | 0.58% | 0.01% | -23.7% | Q4 2025 |
 CORZ | $1.51M | 0.58% | 0.02% | -65.4% | Q4 2025 |
 GLXY | $1.49M | 0.57% | 54342.00% | New | Q2 2026 |
 VAL | $1.38M | 0.53% | 0.03% | +11.7% | Q4 2025 |
 VST | $1.36M | 0.52% | 0.00% | New | Q2 2026 |
 AMR | $1.29M | 0.50% | 0.06% | +154.1% | Q4 2025 |
 BTU | $1.23M | 0.47% | 0.04% | +271.8% | Q4 2025 |
 KKR | $1.19M | 0.46% | 0.00% | +27.4% | Q4 2025 |
 CIFR | $1.17M | 0.45% | 0.01% | -76.8% | Q1 2026 |
 NVR | $1.1M | 0.42% | 0.01% | New | Q2 2026 |
 SHIP | $1.06M | 0.41% | 0.37% | +98.7% | Q1 2026 |
 GNK | $947K | 0.36% | 0.09% | -55.6% | Q4 2025 |
| Q1 2026 | |||||
| WULF | $9.91M | 3.45% | 0.16% | +21.4% | Q4 2025 |
| SBLK | $9.88M | 3.44% | 0.38% | +19.1% | Q4 2025 |
| CNR | $7.75M | 2.69% | 0.15% | +8.6% | Q4 2025 |
| TRMD | $6.91M | 2.40% | 0.24% | +0.8% | Q4 2025 |
| JBGS | $6.6M | 2.30% | 0.76% | +17.2% | Q4 2025 |
| HCC | $5.21M | 1.81% | 0.11% | -24.6% | Q4 2025 |
| FCNCA | $4.71M | 1.64% | Not reported | +18.7% | Q4 2025 |
| TDW | $4.61M | 1.60% | 0.11% | -38.5% | Q4 2025 |
| ASC | $4.57M | 1.59% | 0.74% | -18.2% | Q4 2025 |
| TLN | $4.23M | 1.47% | 0.03% | +130.3% | Q4 2025 |
| DEI | $4.11M | 1.43% | 0.26% | New | Q1 2026 |
| NMM | $3.89M | 1.35% | 0.20% | -39.8% | Q4 2025 |
| ALX | $3.74M | 1.30% | 0.31% | +31.6% | Q4 2025 |
| VNO | $3.71M | 1.29% | 0.08% | +1040.7% | Q4 2025 |
| NXRT | $3.39M | 1.18% | 0.53% | -21.8% | Q4 2025 |
| GTX | $3.3M | 1.15% | 0.10% | -19.5% | Q4 2025 |
| SHW | $2.99M | 1.04% | 0.00% | +5.3% | Q4 2025 |
| ECO | $2.69M | 0.94% | 0.15% | +561.0% | Q4 2025 |
| CENX | $2.66M | 0.92% | 0.05% | -57.7% | Q4 2025 |
| CIFR | $2.65M | 0.92% | 0.05% | New | Q1 2026 |
| CORZ | $2.55M | 0.89% | 0.05% | -23.2% | Q4 2025 |
 NBIS | $2.42M | 0.84% | 0.01% | -47.2% | Q4 2025 |
| EXP | $2.26M | 0.79% | 0.04% | +31.9% | Q4 2025 |
| RIG | $2.25M | 0.78% | 0.03% | +17.0% | Q4 2025 |
| HSHP | $2.18M | 0.76% | 0.35% | New | Q1 2026 |
 CLSK | $2.16M | 0.75% | 0.10% | New | Q1 2026 |
| FRO | $2.07M | 0.72% | 0.03% | -45.8% | Q4 2025 |
| COMP | $1.99M | 0.69% | 0.04% | New | Q1 2026 |
| STNG | $1.97M | 0.68% | 0.05% | -6.1% | Q4 2025 |
| GNK | $1.94M | 0.67% | 0.20% | -69.4% | Q4 2025 |
| FBIN | $1.87M | 0.65% | 0.04% | New | Q1 2026 |
| METC | $1.82M | 0.63% | 0.27% | New | Q1 2026 |
| INSW | $1.79M | 0.62% | 0.05% | -80.1% | Q4 2025 |
| CMBT | $1.78M | 0.62% | 0.04% | -23.7% | Q4 2025 |
| GLD | $1.77M | 0.62% | 0.00% | -38.5% | Q4 2025 |
| TNK | $1.73M | 0.60% | 0.23% | +2.1% | Q4 2025 |
| VAL | $1.67M | 0.58% | 0.02% | -8.4% | Q4 2025 |
| LEN | $1.65M | 0.57% | Not reported | New | Q1 2026 |
 BLDR | $1.63M | 0.57% | 0.02% | New | Q1 2026 |
| DHT | $1.38M | 0.48% | 0.05% | -48.6% | Q4 2025 |
 HAFN | $1.26M | 0.44% | 0.03% | -59.1% | Q4 2025 |
| NVGS | $967K | 0.34% | 0.08% | New | Q1 2026 |
| KKR | $945K | 0.33% | 0.00% | +12.3% | Q4 2025 |
| MLM | $878K | 0.31% | 0.00% | +15.1% | Q4 2025 |
| HUT | $804K | 0.28% | 0.02% | -77.4% | Q4 2025 |
 QXO | $752K | 0.26% | 0.01% | New | Q1 2026 |
| HPP | $703K | 0.24% | 0.22% | New | Q1 2026 |
 SEG | $694K | 0.24% | 0.25% | Not reported | Q4 2025 |
 MT | $670K | 0.23% | 0.00% | -13.4% | Q4 2025 |
| AMR | $632K | 0.22% | 0.02% | -44.9% | Q4 2025 |
| Q4 2025 | |||||
| SBLK | $6.94M | 3.37% | 0.32% | New | Q4 2025 |
| JBGS | $6.56M | 3.18% | 0.65% | New | Q4 2025 |
| HCC | $6.54M | 3.17% | 0.14% | New | Q4 2025 |
| WULF | $6.5M | 3.15% | 0.13% | New | Q4 2025 |
| CNR | $6.03M | 2.93% | 0.13% | New | Q4 2025 |
| INSW | $6.01M | 2.92% | 0.25% | New | Q4 2025 |
| NXRT | $5.22M | 2.53% | 0.68% | New | Q4 2025 |
| GNK | $5.18M | 2.51% | 0.65% | New | Q4 2025 |
| NMM | $5.03M | 2.44% | 0.33% | New | Q4 2025 |
| TRMD | $4.81M | 2.34% | 0.24% | New | Q4 2025 |
| TDW | $4.52M | 2.19% | 0.18% | New | Q4 2025 |
| FCNCA | $4.52M | 2.19% | Not reported | New | Q4 2025 |
| CENX | $4.19M | 2.03% | 0.11% | New | Q4 2025 |
| GTX | $3.94M | 1.91% | 0.12% | New | Q4 2025 |
| ASC | $3.88M | 1.88% | 0.90% | New | Q4 2025 |
| NBIS | $3.71M | 1.80% | 0.02% | New | Q4 2025 |
| HUT | $3.49M | 1.69% | 0.07% | New | Q4 2025 |
| CORZ | $3.23M | 1.57% | 0.07% | New | Q4 2025 |
| SHW | $2.87M | 1.39% | 0.00% | New | Q4 2025 |
| GLD | $2.66M | 1.29% | 0.00% | New | Q4 2025 |
| ALX | $2.62M | 1.27% | 0.24% | New | Q4 2025 |
| FRO | $2.39M | 1.16% | 0.05% | New | Q4 2025 |
| TLN | $2.16M | 1.05% | 0.01% | New | Q4 2025 |
| HAFN | $2.15M | 1.05% | 0.08% | New | Q4 2025 |
| EXP | $1.87M | 0.91% | 0.03% | New | Q4 2025 |
| DHT | $1.79M | 0.87% | 0.09% | New | Q4 2025 |
| CMBT | $1.78M | 0.86% | 0.06% | New | Q4 2025 |
 NLOP | $1.75M | 0.85% | 0.46% | New | Q4 2025 |
| STNG | $1.43M | 0.69% | 0.05% | New | Q4 2025 |
| TNK | $1.23M | 0.60% | 0.22% | New | Q4 2025 |
| RIG | $1.2M | 0.58% | 0.03% | New | Q4 2025 |
| KKR | $1.16M | 0.56% | 0.00% | New | Q4 2025 |
| AMR | $1.12M | 0.54% | 0.04% | New | Q4 2025 |
 OLN | $952K | 0.46% | 0.04% | New | Q4 2025 |
| VAL | $940K | 0.46% | 0.03% | New | Q4 2025 |
| ECHO | $935K | 0.45% | 0.02% | New | Q4 2025 |
 WLK | $865K | 0.42% | 0.01% | New | Q4 2025 |
| MLM | $806K | 0.39% | 0.00% | New | Q4 2025 |
 TEN | $762K | 0.37% | 0.11% | New | Q4 2025 |
| MT | $678K | 0.33% | 0.00% | New | Q4 2025 |
| BTU | $676K | 0.33% | 0.02% | New | Q4 2025 |
 DAC | $670K | 0.33% | 0.04% | New | Q4 2025 |
| SEG | $639K | 0.31% | 0.25% | New | Q4 2025 |
| AL | $583K | 0.28% | 0.01% | New | Q4 2025 |
 CZR | $513K | 0.25% | 0.01% | New | Q4 2025 |
 FNV | $497K | 0.24% | 0.00% | New | Q4 2025 |
 WFG | $483K | 0.23% | Not reported | New | Q4 2025 |
| VNO | $416K | 0.20% | 0.01% | New | Q4 2025 |
 BRK.B | $397K | 0.19% | Not reported | New | Q4 2025 |
 CLF | $379K | 0.18% | 0.01% | New | Q4 2025 |