Q4 2025 · 13F-HR
Markin Asset Management, LPholdings as filed
Filed 2026-02-13 · accession 0001754960-26-000182
$91.0M
Reported value
45
Positions
2025-12-31
Period end
The Brief · Markin Asset Management, LP · Q4 2025
AI · grounded in 13F
Markin Asset Management, LP established a new position in AGG valued at $13.56M. The fund also initiated new stakes in TFLO for $10.96M and XLK for $8.87M. Additional new positions include GLD at $4.40M and SPY at $3.97M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464287226 | AGG | ISHARES TR | $13.6M | 14.9% | 135,753 | Common | NONE |
| 46434V860 | TFLO | ISHARES TR | $11.0M | 12.0% | 217,212 | Common | NONE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $8.9M | 9.75% | 61,588 | Common | NONE |
| 78463V107 | GLD | SPDR GOLD TR | $4.4M | 4.84% | 11,107 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $4.0M | 4.36% | 5,819 | Common | NONE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $3.6M | 3.93% | 65,256 | Common | NONE |
| 464287440 | IEF | ISHARES TR | $3.5M | 3.80% | 35,984 | Common | NONE |
| 464288661 | IEI | ISHARES TR | $3.3M | 3.65% | 27,792 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $3.2M | 3.48% | 5,041 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $3.0M | 3.35% | 4,959 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $2.6M | 2.84% | 5,343 | Common | NONE |
| 81369Y852 | XLC | SELECT SECTOR SPDR TR | $2.5M | 2.75% | 21,250 | Common | NONE |
| 922042775 | VEU | VANGUARD INTL EQUITY INDEX F | $2.5M | 2.69% | 33,309 | Common | NONE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $2.4M | 2.64% | 15,488 | Common | NONE |
| 81369Y407 | XLY | SELECT SECTOR SPDR TR | $2.3M | 2.52% | 19,207 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $2.0M | 2.21% | 7,395 | Common | NONE |
| 81369Y704 | XLI | SELECT SECTOR SPDR TR | $2.0M | 2.19% | 12,848 | Common | NONE |
| 78468R853 | SPSM | SPDR SERIES TRUST | $1.5M | 1.66% | 32,245 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $1.5M | 1.63% | 2,956 | Common | NONE |
| 464287457 | SHY | ISHARES TR | $1.4M | 1.53% | 16,787 | Common | NONE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $1.2M | 1.31% | 15,373 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.2M | 1.28% | 6,235 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $1.1M | 1.25% | 4,927 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $875,502 | 0.96% | 2,790 | Common | NONE |
| 81369Y506 | XLE | SELECT SECTOR SPDR TR | $650,345 | 0.71% | 14,546 | Common | NONE |
| 81369Y886 | XLU | SELECT SECTOR SPDR TR | $600,025 | 0.66% | 14,055 | Common | NONE |
| 922908769 | VTI | VANGUARD INDEX FDS | $557,219 | 0.61% | 1,662 | Common | NONE |
| 88160R101 | TSLA | TESLA INC | $500,538 | 0.55% | 1,113 | Common | NONE |
| 81369Y860 | XLRE | SELECT SECTOR SPDR TR | $443,575 | 0.49% | 10,993 | Common | NONE |
| 81369Y100 | XLB | SELECT SECTOR SPDR TR | $436,125 | 0.48% | 9,617 | Common | NONE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $427,107 | 0.47% | 6,837 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $425,908 | 0.47% | 396 | Common | NONE |
| 12811T688 | CBOJ | CALAMOS ETF TR | $417,845 | 0.46% | 17,374 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $390,624 | 0.43% | 1,248 | Common | NONE |
| 12811T647 | CBOY | CALAMOS ETF TR | $350,044 | 0.38% | 14,241 | Common | NONE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $341,280 | 0.38% | 1,920 | Common | NONE |
| 315948109 | FBTC | FIDELITY WISE ORIGIN BITCOIN | $321,309 | 0.35% | 4,215 | Common | NONE |
| 46435G672 | IAGG | ISHARES TR | $301,460 | 0.33% | 6,028 | Common | NONE |
| 46138R108 | FXF | INVESCO CURRENCYSHARES SWISS | $239,828 | 0.26% | 2,149 | Common | NONE |
| 46138W107 | FXY | INVESCO CURRENCYSHARES JAPAN | $217,490 | 0.24% | 3,707 | Common | NONE |
| 78464A854 | SPYM | SPDR SERIES TRUST | $215,391 | 0.24% | 2,685 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $211,813 | 0.23% | 612 | Common | NONE |
| 464289859 | AOA | ISHARES TR | $211,541 | 0.23% | 2,362 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $205,981 | 0.23% | 312 | Common | NONE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $203,212 | 0.22% | 712 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.