# Marshall Financial Group, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1841496. Source: https://holderbook.com/funds/1841496-marshall-financial-group-llc/

- Reported value: $685.7M
- Positions: 311
- Weight of the ten largest: 34.7%
- Filed: 2026-07-20

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| SPDR SERIES TRUST | [BILS](https://holderbook.com/stocks/BILS/) | $35.1M | 353,625 | 5.1% | 2 |
| SSGA ACTIVE TR | [OBND](https://holderbook.com/stocks/OBND/) | $27.6M | 1,070,380 | 4.0% | 9 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $27.4M | 37,252 | 4.0% | 17 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $27.0M | 294,386 | 3.9% | 2 |
| MFS ACTIVE EXCHANGE TRADED F | [MFSB](https://holderbook.com/stocks/MFSB/) | $25.7M | 1,031,497 | 3.8% | 5 |
| SPROTT ASSET MANAGEMENT LP | [CEF](https://holderbook.com/stocks/CEF/) | $21.9M | 544,511 | 3.2% | 2 |
| JANUS DETROIT STR TR | [JSI](https://holderbook.com/stocks/JSI/) | $20.8M | 406,255 | 3.0% | 4 |
| AMPLIFY ETF TR | [DIVO](https://holderbook.com/stocks/DIVO/) | $18.7M | 408,662 | 2.7% | 4 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $17.9M | 25,996 | 2.6% | 6 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $16.0M | 79,736 | 2.3% | 23 |
| INNOVATOR ETFS TRUST | [BALT](https://holderbook.com/stocks/BALT/) | $15.2M | 444,697 | 2.2% | 1 |
| JANUS DETROIT STR TR | - | $13.6M | 535,895 | 2.0% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $13.5M | 46,770 | 2.0% | 23 |
| SSGA ACTIVE TR | [ALLW](https://holderbook.com/stocks/ALLW/) | $13.1M | 447,240 | 1.9% | 2 |
| ISHARES TR | [IQLT](https://holderbook.com/stocks/IQLT/) | $12.9M | 260,992 | 1.9% | 19 |
| FIRST TR EXCH TRADED FD III | [FEMB](https://holderbook.com/stocks/FEMB/) | $11.1M | 378,657 | 1.6% | 2 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $9.4M | 21,674 | 1.4% | 6 |
| TRIPLE FLAG PRECIOUS METAL | [TFPM](https://holderbook.com/stocks/TFPM/) | $6.9M | 231,255 | 1.0% | 2 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $6.3M | 17,878 | 0.9% | 23 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $5.8M | 15,444 | 0.9% | 23 |
| LATTICE STRATEGIES TR | [ROUS](https://holderbook.com/stocks/ROUS/) | $5.8M | 85,786 | 0.8% | 6 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $5.6M | 9,598 | 0.8% | 18 |
| T ROWE PRICE EXCHANGE-TRADED | [TSPA](https://holderbook.com/stocks/TSPA/) | $5.5M | 115,475 | 0.8% | 6 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $5.1M | 101,688 | 0.7% | 14 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $4.9M | 6,776 | 0.7% | 3 |
| PROSHARES TR | [QLD](https://holderbook.com/stocks/QLD/) | $4.8M | 49,251 | 0.7% | 6 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $4.7M | 41,241 | 0.7% | 23 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $4.6M | 35,820 | 0.7% | 17 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.1M | 11,064 | 0.6% | 23 |
| FIRST TR EXCHANGE-TRADED FD | [LGOV](https://holderbook.com/stocks/LGOV/) | $4.1M | 191,848 | 0.6% | 15 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $4.1M | 13,449 | 0.6% | 19 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $4.0M | 34,130 | 0.6% | 5 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.7M | 10,775 | 0.5% | 23 |
| PROSHARES TR | [SSO](https://holderbook.com/stocks/SSO/) | $3.7M | 54,435 | 0.5% | 19 |
| PGIM ETF TR | [PULS](https://holderbook.com/stocks/PULS/) | $3.6M | 73,381 | 0.5% | 6 |
| INNODATA INC | [INOD](https://holderbook.com/stocks/INOD/) | $3.6M | 47,991 | 0.5% | 2 |
| FIRST TR EXCHANGE-TRADED FD | [SDVY](https://holderbook.com/stocks/SDVY/) | $3.6M | 82,305 | 0.5% | 10 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $3.5M | 19,280 | 0.5% | 20 |
| MONSTER BEVERAGE CORP NEW | [MNST](https://holderbook.com/stocks/MNST/) | $3.4M | 35,849 | 0.5% | 11 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $3.4M | 30,873 | 0.5% | 20 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $3.4M | 19,783 | 0.5% | 6 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $3.3M | 6,550 | 0.5% | 23 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $3.3M | 34,327 | 0.5% | 9 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $3.3M | 18,556 | 0.5% | 2 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $3.2M | 76,490 | 0.5% | 23 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $3.2M | 10,523 | 0.5% | 12 |
| SOUTHERN COPPER CORP | [SCCO](https://holderbook.com/stocks/SCCO/) | $3.1M | 17,942 | 0.5% | 11 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $3.0M | 11,215 | 0.4% | 23 |
| INVESCO EXCHANGE TRADED FD T | [XMHQ](https://holderbook.com/stocks/XMHQ/) | $2.8M | 24,734 | 0.4% | 6 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $2.8M | 49,866 | 0.4% | 20 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $2.8M | 17,632 | 0.4% | 5 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.7M | 3,611 | 0.4% | 23 |
| ABRDN PLATINUM ETF TRUST | [PPLT](https://holderbook.com/stocks/PPLT/) | $2.7M | 190,230 | 0.4% | 2 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $2.7M | 18,117 | 0.4% | 23 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $2.6M | 5,466 | 0.4% | 1 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $2.6M | 9,156 | 0.4% | 2 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $2.6M | 1,294 | 0.4% | 23 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.6M | 10,123 | 0.4% | 23 |
| HARTFORD FDS EXCHANGE TRADED | [HTRB](https://holderbook.com/stocks/HTRB/) | $2.5M | 73,571 | 0.4% | 23 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $2.4M | 6,736 | 0.4% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.3M | 4,164 | 0.3% | 23 |
| EXELIXIS INC | [EXEL](https://holderbook.com/stocks/EXEL/) | $2.2M | 40,575 | 0.3% | 1 |
| ABRDN PALLADIUM ETF TRUST | [PALL](https://holderbook.com/stocks/PALL/) | $2.1M | 93,875 | 0.3% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.1M | 5,786 | 0.3% | 22 |
| RESMED INC | [RMD](https://holderbook.com/stocks/RMD/) | $2.1M | 10,563 | 0.3% | 11 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $2.0M | 2,363 | 0.3% | 3 |
| CARPENTER TECHNOLOGY CORP | [CRS](https://holderbook.com/stocks/CRS/) | $2.0M | 3,272 | 0.3% | 3 |
| SEMTECH CORP | [SMTC](https://holderbook.com/stocks/SMTC/) | $2.0M | 12,320 | 0.3% | 1 |
| J P MORGAN EXCHANGE TRADED F | [JEPQ](https://holderbook.com/stocks/JEPQ/) | $2.0M | 32,051 | 0.3% | 11 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $2.0M | 27,421 | 0.3% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.9M | 8,161 | 0.3% | 23 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.9M | 1,613 | 0.3% | 23 |
| DIMENSIONAL ETF TRUST | [DFAU](https://holderbook.com/stocks/DFAU/) | $1.9M | 36,958 | 0.3% | 19 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.9M | 3,683 | 0.3% | 23 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $1.9M | 4,488 | 0.3% | 3 |
| COGNEX CORP | [CGNX](https://holderbook.com/stocks/CGNX/) | $1.9M | 25,735 | 0.3% | 3 |
| CROCS INC | [CROX](https://holderbook.com/stocks/CROX/) | $1.8M | 15,181 | 0.3% | 3 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $1.8M | 10,143 | 0.3% | 14 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $1.8M | 11,627 | 0.3% | 1 |
| UIPATH INC | [PATH](https://holderbook.com/stocks/PATH/) | $1.8M | 163,036 | 0.3% | 2 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $1.7M | 4,675 | 0.3% | 23 |
| EAST WEST BANCORP INC | [EWBC](https://holderbook.com/stocks/EWBC/) | $1.7M | 13,033 | 0.2% | 3 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $1.7M | 18,011 | 0.2% | 2 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.7M | 5,482 | 0.2% | 19 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.6M | 3,794 | 0.2% | 23 |
| J P MORGAN EXCHANGE TRADED F | [JMUB](https://holderbook.com/stocks/JMUB/) | $1.5M | 30,095 | 0.2% | 7 |
| CULLEN FROST BANKERS INC | [CFR](https://holderbook.com/stocks/CFR/) | $1.5M | 9,792 | 0.2% | 3 |
| FEDERAL RLTY INVT TR NEW | [FRT](https://holderbook.com/stocks/FRT/) | $1.5M | 12,249 | 0.2% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.5M | 4,585 | 0.2% | 23 |
| SCHWAB STRATEGIC TR | [FNDF](https://holderbook.com/stocks/FNDF/) | $1.5M | 28,417 | 0.2% | 23 |
| FIRST TR EXCHNG TRADED FD VI | [BUFT](https://holderbook.com/stocks/BUFT/) | $1.5M | 57,618 | 0.2% | 17 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $1.5M | 3,272 | 0.2% | 23 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.5M | 2,937 | 0.2% | 23 |
| SSGA ACTIVE ETF TR | [TOTL](https://holderbook.com/stocks/TOTL/) | $1.5M | 37,129 | 0.2% | 15 |
| GARMIN LTD | [GRMN](https://holderbook.com/stocks/GRMN/) | $1.4M | 6,006 | 0.2% | 14 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $1.4M | 3,208 | 0.2% | 22 |
| SHARPLINK INC | [SBET](https://holderbook.com/stocks/SBET/) | $1.4M | 282,492 | 0.2% | 2 |
| ITT INC | [ITT](https://holderbook.com/stocks/ITT/) | $1.3M | 6,697 | 0.2% | 3 |
| FIRST TR EXCHANGE-TRADED FD | [RDVI](https://holderbook.com/stocks/RDVI/) | $1.3M | 44,351 | 0.2% | 13 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $1.3M | 5,769 | 0.2% | 5 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +8.1% | +14.8% | -6.7% | 100% |
| Q1 2026 | -0.6% | -4.6% | +4.0% | 100% |
| Q4 2025 | +1.1% | +2.4% | -1.2% | 100% |
| Q3 2025 | +6.4% | +7.8% | -1.4% | 100% |
| Q2 2025 | +7.7% | +10.5% | -2.8% | 100% |
| Q1 2025 | -1.8% | -4.6% | +2.7% | 100% |
| Q4 2024 | -2.2% | +2.1% | -4.3% | 100% |
| Q3 2024 | +4.4% | +5.4% | -1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $685.7M | 311 |
| Q1 2026 | $624.6M | 293 |
| Q4 2025 | $515.3M | 288 |
| Q3 2025 | $513.3M | 258 |
| Q2 2025 | $510.0M | 251 |
| Q1 2025 | $457.8M | 232 |
| Q4 2024 | $412.9M | 218 |
| Q3 2024 | $418.5M | 218 |
| Q2 2024 | $357.5M | 169 |
| Q1 2024 | $347.7M | 173 |
| Q4 2023 | $310.2M | 175 |
| Q3 2023 | $277.4M | 163 |