Q4 2025 · 13F-HR
MARVIN & PALMER ASSOCIATES INCholdings as filed
Filed 2026-02-11 · accession 0002080880-26-000006
$141.6M
Reported value
27
Positions
2025-12-31
Period end
The Brief · MARVIN & PALMER ASSOCIATES INC · Q4 2025
AI · grounded in 13F
MARVIN & PALMER ASSOCIATES INC exited its position in IBKR for a reduction of $8.2M. The fund also closed positions in ORCL and MU, totaling $7.9M and $4.1M respectively. To offset these sells, the fund established new positions in IBB for $7.1M, XLV for $6.8M, and AAPL for $6.5M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 67066G104 | NVDA | NVIDIA CORP | $10.4M | 7.37% | 55,930 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $9.8M | 6.92% | 83,966 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC/THE | $9.6M | 6.75% | 10,868 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $9.1M | 6.45% | 26,376 | Common | SOLE |
| 617446448 | MS | MORGAN STANLEY | $9.0M | 6.37% | 50,818 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $8.6M | 6.09% | 27,527 | Common | SOLE |
| 464287556 | IBB | ISHARES BIOTECHNOLOGY ETF | $7.1M | 5.03% | 42,219 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $6.8M | 4.82% | 68,328 | Common | SOLE |
| 81369Y209 | XLV | HEALTH CARE SELECT SECTOR SPDR | $6.8M | 4.77% | 43,630 | Common | SOLE |
| 75513E101 | RTX | RTX CORP | $6.6M | 4.66% | 35,989 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $6.5M | 4.62% | 24,048 | Common | SOLE |
| 464287804 | IJR | ISHARES CORE S&P SMALL-CAP ETF | $4.3M | 3.01% | 35,470 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $3.9M | 2.75% | 12,070 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MANUFACTURING SPON | $3.8M | 2.71% | 12,605 | Common | SOLE |
| 060505104 | BAC | BANK OF AMERICA CORP | $3.8M | 2.69% | 69,206 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $3.7M | 2.62% | 6,485 | Common | SOLE |
| 032095101 | APH | AMPHENOL CORP | $3.7M | 2.59% | 27,100 | Common | SOLE |
| 872540109 | TJX | TJX COS INC/THE | $3.6M | 2.53% | 23,338 | Common | SOLE |
| 701094104 | PH | PARKER-HANNIFIN CORP | $3.5M | 2.44% | 3,938 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $3.4M | 2.43% | 37,673 | Common | SOLE |
| 03073E105 | COR | CENCORA INC | $3.4M | 2.41% | 10,092 | Common | SOLE |
| 78464A870 | XBI | SPDR S&P BIOTECH ETF | $3.3M | 2.32% | 26,940 | Common | SOLE |
| 023135106 | AMZN | AMAZON.COM INC | $3.2M | 2.27% | 13,946 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $2.3M | 1.60% | 5,051 | Common | SOLE |
| 464287390 | ILF | ISHARES LATIN AMERICA 40 ETF | $2.1M | 1.49% | 69,050 | Common | SOLE |
| 46434G822 | EWJ | ISHARES MSCI JAPAN ETF | $2.1M | 1.48% | 26,000 | Common | SOLE |
| 464286640 | ECH | ISHARES MSCI CHILE ETF | $1.1M | 0.81% | 28,220 | Common | SOLE |
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.