Marion Wealth Management

CIK 1911097 · View on SEC EDGAR ↗

Portfolio value QoQ: +8.9% 13F does not disclose cash

Top 10 holdings weight42.14%

Top 25 holdings weight66.22%

Positions above 1%26

Effective number of positions36.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 2.18% Est. buys $31,246,331 · sells $10,290,684

Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 88.3% still held

New positions21

Increased70

Decreased47

Closed6

Put-notional exposure: 0.3% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets

Portfolio value $491.5M #3,885 of 9,337 by 13F value · top 41.6%

Positions 159

As of June 30, 2026 Data as of Q2 2026

Sector breakdown

Technology 8.9%

Industrials 3.7%

Communication Services 3.5%

Financials 3.5%

Retail 2.8%

Health Care 2.3%

Energy 1.4%

Utilities 0.9%

Consumer products 0.8%

Consumer Discretionary 0.6%

Consumer Staples 0.5%

Real Estate 0.5%

Materials 0.4%

Other/Unmapped 70.2%

Full portfolio 159 positions

Search positions by ticker or company name

				Type		Streak
VCIT Vanguard Intermediate-Term Corporate Bond ETF	$43,206,411	8.79%	522,764		$3,194,551	Up ×4
IEFA iShares Core MSCI EAFE ETF	$33,195,342	6.75%	343,708		$2,507,567	Up ×1
IEMG iShares, Inc.	$21,639,418	4.40%	261,219		$2,349,345	Down ×4
VOT Vanguard Morningstar Mid-Cap Growth ETF	$19,230,285	3.91%	62,783		$3,692,012	Up ×3
DON WisdomTree Trust	$17,955,799	3.65%	317,689		$2,195,340	Up ×6
MLPB ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040	$17,233,648	3.51%	598,326		$-253,617	Down ×2
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	$17,052,472	3.47%	1,073,833		$-2,169,424	Down ×2
VWOB Vanguard Emerging Markets Government Bond ETF	$13,790,802	2.81%	205,098		$601,364	Up ×6
VGIT Vanguard Intermediate-Term Treasury ETF	$11,981,160	2.44%	203,139		$1,553,127	Up ×6
AAPL Apple Inc. - Common Stock	$11,838,451	2.41%	40,913		$1,862,401	Up ×2
VBK Vanguard Morningstar Small-Cap Growth ETF	$11,801,506	2.40%	32,271		$1,946,989	Down ×2
IWN iShares Russell 2000 Value ETF	$11,394,329	2.32%	51,511		$1,520,566	Down ×2
VCSH Vanguard Short-Term Corporate Bond ETF	$10,485,768	2.13%	132,681		$-1,815,374	Down ×2
PRF Invesco Exchange-Traded Fund Trust	$9,290,221	1.89%	171,946		$1,164,447	Up ×1
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	$9,068,789	1.85%	76,215		$1,602,098	Down ×2
VMBS Vanguard Mortgage-Backed Securities ETF	$8,219,280	1.67%	175,588		$589,209	Up ×6
HYLB DBX ETF Trust	$7,181,275	1.46%	196,640		$355,716	Up ×6
ADI Analog Devices, Inc. - Common Stock	$7,126,898	1.45%	17,944		$959,778	Down ×4
VGT Vanguard Information Tech ETF	$7,069,721	1.44%	59,151		$1,755,521	Up ×2
FPE First Trust Preferred Securities and Income ETF ETF	$6,990,309	1.42%	390,957		$284,937	Up ×6
VCLT Vanguard Long-Term Corporate Bond ETF	$6,625,821	1.35%	88,051		$244,085	Up ×6
GOOGL Alphabet Inc. - Class A Common Stock	$6,496,586	1.32%	18,179		$869,824	Down ×3
MSFT Microsoft Corporation - Common Stock	$6,340,843	1.29%	16,999		$154,920	Up ×3
SGOV iShares Trust	$5,172,266	1.05%	51,378		$276,628	Up ×2
JPM JP Morgan Chase & Co. Common Stock	$5,086,664	1.03%	15,540		$614,985	Up ×3
VGSH Vanguard Short-Term Treasury ETF	$4,919,241	1.00%	84,523		$-713,564	Down ×2
LLY Eli Lilly and Company Common Stock	$4,510,699	0.92%	3,761		$1,143,777	Up ×3
META Meta Platforms, Inc. - Class A Common Stock	$4,319,339	0.88%	7,668		$36,944	Up ×3
AMZN Amazon.com, Inc. - Common Stock	$4,128,764	0.84%	17,323		$620,456	Up ×3
NVDA NVIDIA Corporation - Common Stock	$3,808,774	0.77%	19,035		$299,849	Down ×2
IBB iShares Trust	$3,748,415	0.76%	19,709		$347,645	Down ×3
CRM Salesforce, Inc. Common Stock	$3,522,069	0.72%	22,482		$49,991	Up ×6
XLV SELECT SECTOR SPDR TRUST	$3,355,788	0.68%	21,151		$327,070	Up ×6
MA Mastercard Incorporated Common Stock	$3,332,360	0.68%	6,488		$267,963	Up ×3
XLC SELECT SECTOR SPDR TRUST	$3,318,426	0.68%	30,976		$-78,246	Up ×3
XLY XLY	$3,212,365	0.65%	27,391		$258,212	Up ×5
PWR Quanta Services, Inc. Common Stock	$3,107,786	0.63%	4,316		$482,854	Down ×3
TJX TJX Companies, Inc. (The) Common Stock	$3,065,264	0.62%	20,233		$-186,138	Down ×4
DGX Quest Diagnostics Incorporated Common Stock	$3,049,919	0.62%	14,390		$317,408	Up ×4
AKRE Akre Focus ETF	$2,873,909	0.58%	54,031		$-20,051	Down ×2
ACN Accenture plc Class A Ordinary Shares (Ireland)	$2,863,115	0.58%	23,008		$-774,118	Up ×6
SBUX Starbucks Corporation - Common Stock	$2,861,842	0.58%	28,005		$2,652,756	Up ×2
HD Home Depot, Inc. (The) Common Stock	$2,780,533	0.57%	7,884		$332,076	Up ×6
BLK BlackRock, Inc. Common Stock	$2,731,733	0.56%	2,841		$127,616	Up ×3
CBOE Cboe Global Markets, Inc. Common Stock	$2,663,509	0.54%	10,976		$-442,521	Down ×1
COST Costco Wholesale Corporation - Common Stock	$2,586,622	0.53%	2,765		$-54,738	Up ×5
BX Blackstone Inc. Common Stock	$2,570,147	0.52%	21,842		$170,850	Up ×3
MCK McKesson Corporation Common Stock	$2,551,688	0.52%	3,377		$-143,067	Up ×1
DE Deere & Company Common Stock	$2,418,116	0.49%	3,812		$253,681	Down ×2
PSX Phillips 66 Common Stock	$2,248,759	0.46%	13,302		$-251,631	Down ×2
KO Coca-Cola Company (The) Common Stock	$2,213,885	0.45%	27,241		$213,922	Up ×5
XLI SELECT SECTOR SPDR TRUST	$2,188,964	0.45%	11,818		$257,679	Down ×2
TMUS T-Mobile US, Inc. - Common Stock	$2,167,289	0.44%	12,921		$-249,063	Up ×4
PG Procter & Gamble Company (The) Common Stock	$2,141,195	0.44%	14,602		$161,176	Up ×6
XLE SELECT SECTOR SPDR TRUST	$2,071,054	0.42%	38,996		$-346,702	Down ×2
EOG EOG Resources, Inc. Common Stock	$1,989,654	0.40%	15,337		$-215,519	Up ×6
CAT Caterpillar, Inc. Common Stock	$1,966,836	0.40%	1,847		$660,104	Up ×2
GOOG Alphabet Inc. - Class C Capital Stock	$1,902,094	0.39%	5,383		$199,366	Down ×1
FLXS Flexsteel Industries, Inc. - Common Stock	$1,901,102	0.39%	25,525		$367,524	Down ×2
UNP Union Pacific Corporation Common Stock	$1,869,447	0.38%	6,873		$221,385	Up ×4
VDC Vanguard Consumer Staples ETF	$1,851,855	0.38%	8,213		$50,118	Up ×6
AVGO Broadcom Inc. - Common Stock	$1,819,765	0.37%	4,817		$191,485	Down ×1
ORCL Oracle Corporation Common Stock	$1,818,882	0.37%	12,411		$-49,586	Down ×1
COP ConocoPhillips Common Stock	$1,806,191	0.37%	17,374		$-495,536	Down ×1
NEE NextEra Energy, Inc. Common Stock	$1,790,236	0.36%	20,397		$-117,439	Down ×2
PNC PNC Financial Services Group, Inc. (The) Common Stock	$1,776,070	0.36%	7,213		$250,926	Down ×2
LIN Linde plc - Ordinary Shares	$1,704,858	0.35%	3,285		$74,694	Down ×1
VGLT Vanguard Long-Term Treasury ETF	$1,681,587	0.34%	30,475		$56,374	Up ×6
VMC Vulcan Materials Company (Holding Company) Common Stock	$1,635,920	0.33%	5,545		$112,337	Down ×2
UPS United Parcel Service, Inc. Common Stock	$1,606,695	0.33%	14,946		$-153,815	Down ×1
IGLD FT Vest Gold Strategy Target Income ETF	$1,606,643	0.33%	76,289		$-276,790	Up ×1
JMUB JPMorgan Municipal ETF	$1,546,041	0.31%	30,521		$20,296
AEP American Electric Power Company, Inc. - Common Stock	$1,512,142	0.31%	11,053		$122,889	Up ×5
NOC Northrop Grumman Corporation Common Stock	$1,490,051	0.30%	2,926		$-451,298	Up ×1
BIL SPDR SERIES TRUST	$1,486,309	0.30%	16,219		$151,297	Up ×2
IVV iShares Trust	$1,434,124	0.29%	1,915		$128,357	Down ×3
EQIX Equinix, Inc. - Common Stock	$1,410,688	0.29%	1,353		$81,193	Down ×1
VUG Vanguard Morningstar Growth ETF	$1,364,974	0.28%	15,846		$181,710	Up ×1
SPY SPY	$1,327,298	0.27%	1,777		$166,426	Down ×1
AMT American Tower Corporation (REIT) Common Stock	$1,153,657	0.23%	7,053		$-10,403	Up ×6
SPY SPY	$1,120,155	0.23%	1,500	Put option		Up ×1
ANET Arista Networks, Inc. Common Stock	$1,063,449	0.22%	6,260		$268,571	Down ×1
JMST JPMorgan Ultra-Short Municipal Income ETF	$1,036,626	0.21%	20,326		$184,852	Up ×1
VBR Vanguard Morningstar Small-Cap Value ETF	$1,035,380	0.21%	4,261		$109,678
PANW Palo Alto Networks, Inc. - Common Stock	$970,884	0.20%	2,847		$524,232	Up ×6
DKS Dick's Sporting Goods Inc Common Stock	$947,612	0.19%	4,178		$475,087	Up ×1
JEPI JPMorgan Equity Premium Income ETF	$867,872	0.18%	15,366		$-55,332	Down ×3
XOM Exxon Mobil Corporation Common Stock	$841,656	0.17%	6,156		$-280,654	Down ×1
MDY State Street SPDR S&P MIDCAP 400 ETF Trust	$834,529	0.17%	1,187		$147,240	Up ×4
AOA iShares Trust	$825,078	0.17%	8,454		$109,902	Up ×3
AMAT Applied Materials, Inc. - Common Stock	$731,266	0.15%	1,011		$397,211	Up ×1
BND Vanguard Total Bond Market ETF	$701,123	0.14%	9,551		$31,262	Up ×1
SPIB State Street SPDR Portfolio Intermediate Term Corporate Bond ETF	$678,903	0.14%	20,290		$23,062	Up ×1
CEG Constellation Energy Corporation - Common Stock When-Issued	$650,245	0.13%	2,618		$-34,942	Up ×6
INTC Intel Corporation - Common Stock	$643,694	0.13%	4,610		$440,255
VO Vanguard Morningstar Mid-Cap ETF	$592,028	0.12%	7,348		$64,478	Up ×1
HEDJ WisdomTree Europe Hedged Equity Fund	$583,224	0.12%	10,232		$48,090
EFA iShares Trust	$546,305	0.11%	5,259		$9,662	Down ×2
CSX CSX Corporation - Common Stock	$538,990	0.11%	11,340		$73,483
KNG First Trust Exchange-Traded Fund IV	$527,937	0.11%	10,454		$31,477	Up ×2
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
VCIT	$43,206,411	8.79%	up ×4
VOT	$19,230,285	3.91%	up ×3
DON	$17,955,799	3.65%	up ×6
VWOB	$13,790,802	2.81%	up ×6
VGIT	$11,981,160	2.44%	up ×6
VMBS	$8,219,280	1.67%	up ×6
HYLB	$7,181,275	1.46%	up ×6
FPE	$6,990,309	1.42%	up ×6
VCLT	$6,625,821	1.35%	up ×6
MSFT	$6,340,843	1.29%	up ×3
JPM	$5,086,664	1.03%	up ×3
LLY	$4,510,699	0.92%	up ×3
META	$4,319,339	0.88%	up ×3
AMZN	$4,128,764	0.84%	up ×3
CRM	$3,522,069	0.72%	up ×6

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
SPY	$1,120,155	1,500	0.23%
SNOW	$417,889	1,642	0.09%
GEV	$411,397	350	0.08%
AMD	$395,019	680	0.08%
HOOD	$293,219	2,924	0.06%
GD	$285,207	805	0.06%
FTNT	$278,052	1,810	0.06%
QCOM	$277,185	1,500	0.06%
DXCM	$276,000	4,098	0.06%
SUB	$273,202	2,566	0.06%
NTAP	$267,116	1,726	0.05%
NYT	$244,526	3,494	0.05%
QQQ	$243,836	331	0.05%
ETN	$233,088	547	0.05%
MU	$221,624	192	0.05%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
VOT	Bought more	+2K	+$3.7M
VCIT	Bought more	+39K	+$3.2M
IEFA	Bought more	+5K	+$2.5M
IEMG	Trimmed	-15K	+$2.3M
DON	Bought more	+18K	+$2.2M
PDBC	Trimmed	-36K	-$2.2M
VBK	Trimmed	-333	+$1.9M
AAPL	Bought more	+2K	+$1.9M
VCSH	Trimmed	-22K	-$1.8M
VGT	Bought more	+52K	+$1.8M

1 position hidden — reported move looks larger than the position itself (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
UNH	June 30, 2025	5,917	$3,098,878	18.7%
BDX	June 30, 2025	11,459	$2,624,808	32.2%
CMCSA	June 30, 2025	68,413	$2,524,447	-39.8%
PEP	June 30, 2025	10,801	$1,619,509	-5.7%
APD	June 30, 2025	5,288	$1,559,584	-1.6%
BIL	Sept. 30, 2025	9,353	$857,951
USO	June 30, 2026	4,000	$509,000	35.5%
SCHW	June 30, 2026	3,578	$336,279	4.8%
IJS	June 30, 2025	3,449	$336,209	30.8%
SPSM	June 30, 2025	8,019	$326,842	26.3%
AXON	March 31, 2026	514	$315,154	-3.2%
RCL	Sept. 30, 2025	929	$290,907	-15.5%
TRGP	March 31, 2026	1,345	$257,657	12.9%
QCOM	March 31, 2026	1,567	$244,170	41.8%
FELC	March 31, 2026	6,338	$242,682
ISRG	Sept. 30, 2025	446	$242,361	-10.9%
MRK	June 30, 2026	1,934	$232,657	9.6%
PEP	June 30, 2026	1,464	$227,417	-8.0%
VTI	Dec. 31, 2025	689	$226,109	13.1%
MRK	June 30, 2025	2,451	$220,018	78.0%
SDY	March 31, 2026	1,499	$219,772
SYK	June 30, 2026	661	$217,236	-9.6%
CMG	March 31, 2026	5,120	$209,254	-3.7%
HYLS	June 30, 2025	5,053	$207,375
QQQ	March 31, 2026	331	$206,101	29.0%
BSX	June 30, 2026	3,266	$204,942	0.7%
ETN	Dec. 31, 2025	547	$204,715	37.4%
FTNT	March 31, 2026	2,486	$202,957	123.1%