Marvin & Palmer Associates Inc 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Marvin & Palmer Associates Inc disclosed 27 US equity positions worth $141.6m in its Q4 2025 13F filing. The largest position was NVDA at 7.4% of the reported book, followed by C and GS. Against the Q3 2025 filing, it opened 9 new positions, added to 4 and reduced 11 among the top 27 holdings.
What did Marvin & Palmer Associates Inc own in Q4 2025? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORP | Technology | 7.4% | $10.4m | 55,930 | -4% | reduced |
| 2 | C CITIGROUP INC | Financial Services | 6.9% | $9.8m | 83,966 | 10% | added |
| 3 | GS GOLDMAN SACHS GROUP INC/THE | Financial Services | 6.7% | $9.6m | 10,868 | -3% | reduced |
| 4 | AVGO BROADCOM INC | Technology | 6.4% | $9.1m | 26,376 | -20% | reduced |
| 5 | MS MORGAN STANLEY | Financial Services | 6.4% | $9.0m | 50,818 | -3% | reduced |
| 6 | GOOGL ALPHABET INC | Communication Services | 6.1% | $8.6m | 27,527 | 24% | added |
| 7 | IBB ISHARES BIOTECHNOLOGY ETF | 5.0% | $7.1m | 42,219 | – | new | |
| 8 | NEM NEWMONT CORP | Basic Materials | 4.8% | $6.8m | 68,328 | -5% | reduced |
| 9 | XLV HEALTH CARE SELECT SECTOR SPDR | 4.8% | $6.8m | 43,630 | – | new | |
| 10 | RTX RTX CORP | Industrials | 4.7% | $6.6m | 35,989 | -0% | held |
| 11 | AAPL APPLE INC | Technology | 4.6% | $6.5m | 24,048 | – | new |
| 12 | IJR ISHARES CORE S&P SMALL-CAP ETF | 3.0% | $4.3m | 35,470 | – | new | |
| 13 | JPM JPMORGAN CHASE & CO | Financial Services | 2.7% | $3.9m | 12,070 | -54% | reduced |
| 14 | TSM TAIWAN SEMICONDUCTOR MANUFACTURING SPON | Technology | 2.7% | $3.8m | 12,605 | 1437% | added |
| 15 | BAC BANK OF AMERICA CORP | Financial Services | 2.7% | $3.8m | 69,206 | 6% | added |
| 16 | CAT CATERPILLAR INC | Industrials | 2.6% | $3.7m | 6,485 | -8% | reduced |
| 17 | APH AMPHENOL CORP | Technology | 2.6% | $3.7m | 27,100 | -8% | reduced |
| 18 | TJX TJX COS INC/THE | Consumer Cyclical | 2.5% | $3.6m | 23,338 | – | new |
| 19 | PH PARKER-HANNIFIN CORP | Industrials | 2.4% | $3.5m | 3,938 | -0% | held |
| 20 | CCJ CAMECO CORP | Energy | 2.4% | $3.4m | 37,673 | -1% | reduced |
| 21 | COR CENCORA INC | Healthcare | 2.4% | $3.4m | 10,092 | -0% | held |
| 22 | XBI SPDR S&P BIOTECH ETF | 2.3% | $3.3m | 26,940 | – | new | |
| 23 | AMZN AMAZON.COM INC | Consumer Cyclical | 2.3% | $3.2m | 13,946 | – | new |
| 24 | TSLA TESLA INC | Consumer Cyclical | 1.6% | $2.3m | 5,051 | -1% | reduced |
| 25 | ILF ISHARES LATIN AMERICA 40 ETF | 1.5% | $2.1m | 69,050 | – | new | |
| 26 | EWJ ISHARES MSCI JAPAN ETF | 1.5% | $2.1m | 26,000 | -8% | reduced | |
| 27 | ECH ISHARES MSCI CHILE ETF | 0.8% | $1.1m | 28,220 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.