0001172661-23-001249.txt : 20230214
0001172661-23-001249.hdr.sgml : 20230214
20230214145349
ACCESSION NUMBER: 0001172661-23-001249
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20221231
FILED AS OF DATE: 20230214
DATE AS OF CHANGE: 20230214
EFFECTIVENESS DATE: 20230214
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: MARATHON CAPITAL MANAGEMENT
CENTRAL INDEX KEY: 0001213206
IRS NUMBER: 203954582
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-12098
FILM NUMBER: 23627540
BUSINESS ADDRESS:
STREET 1: 4 NORTH PARK DRIVE
STREET 2: SUITE 106
CITY: HUNT VALLEY
STATE: MD
ZIP: 21030-1806
BUSINESS PHONE: 410-329-1522
MAIL ADDRESS:
STREET 1: 4 NORTH PARK DRIVE
STREET 2: SUITE 106
CITY: HUNT VALLEY
STATE: MD
ZIP: 21030-1806
13F-HR
1
primary_doc.xml
X0202
13F-HR
LIVE
false
false
false
0001213206
XXXXXXXX
12-31-2022
12-31-2022
false
MARATHON CAPITAL MANAGEMENT
4 North Park Drive
Suite 106
Hunt Valley
MD
21030-1806
13F HOLDINGS REPORT
028-12098
000119416
801-62793
N
James Gordon Kennedy
President
410-329-1522
/s/ James Gordon Kennedy
Hunt Valley
MD
02-14-2023
0
145
362798665
INFORMATION TABLE
2
infotable.xml
ABB LTD
SPONSORED ADR
000375204
3497265
114815
SH
SOLE
106265
0
8550
ABBOTT LABS
COM
002824100
536338
4885
SH
SOLE
4460
0
425
ABBVIE INC
COM
00287Y109
4729463
29265
SH
SOLE
26809
0
2456
ACCURAY INC
COM
004397105
231990
111000
SH
SOLE
111000
0
0
ADVANCED MICRO DEVICES INC
COM
007903107
341597
5274
SH
SOLE
5274
0
0
AEGON N V
NY REGISTRY SHS
007924103
615329
122089
SH
SOLE
118721
0
3368
ALASKA AIR GROUP INC
COM
011659109
296286
6900
SH
SOLE
2900
0
4000
ALLISON TRANSMISSION HLDGS I
COM
01973R101
5046379
121307
SH
SOLE
115995
0
5312
ALLSTATE CORP
COM
020002101
626065
4617
SH
SOLE
4617
0
0
ALPHABET INC
CAP STK CL A
02079K305
665254
7540
SH
SOLE
6540
0
1000
ALPHABET INC
CAP STK CL C
02079K107
966004
10887
SH
SOLE
9887
0
1000
AMAZON COM INC
COM
023135106
1130220
13455
SH
SOLE
12255
0
1200
AMERICAN WTR WKS CO INC NEW
COM
030420103
259114
1700
SH
SOLE
0
0
1700
AMGEN INC
COM
031162100
236901
902
SH
SOLE
850
0
52
ANI PHARMACEUTICALS INC
COM
00182C103
2932365
72890
SH
SOLE
72890
0
0
ANTERO RESOURCES CORP
COM
03674X106
929700
30000
SH
SOLE
30000
0
0
APPLE INC
COM
037833100
7513291
57826
SH
SOLE
41601
0
16225
AQUA METALS INC
COM
03837J101
43750
35000
SH
SOLE
35000
0
0
ARCOSA INC
COM
039653100
2483392
45701
SH
SOLE
45411
0
290
ARES CAPITAL CORP
COM
04010L103
3101858
167940
SH
SOLE
159365
0
8575
ATLAS AIR WORLDWIDE HLDGS IN
COM NEW
049164205
1572480
15600
SH
SOLE
13290
0
2310
AVID TECHNOLOGY INC
COM
05367P100
3877753
145835
SH
SOLE
122335
0
23500
BANK MONTREAL QUE
COM
063671101
6118671
67535
SH
SOLE
64370
0
3165
BANK NEW YORK MELLON CORP
COM
064058100
358242
7870
SH
SOLE
7760
0
110
BANK NOVA SCOTIA HALIFAX
COM
064149107
264492
5400
SH
SOLE
5225
0
175
BELDEN INC
COM
077454106
1926920
26800
SH
SOLE
25450
0
1350
BERKSHIRE HATHAWAY INC DEL
CL B NEW
084670702
3822329
12374
SH
SOLE
9989
0
2385
BLACKROCK RES & COMMODITIES
SHS
09257A108
600005
60181
SH
SOLE
58681
0
1500
BLUE BIRD CORP
COM
095306106
1217031
113635
SH
SOLE
110635
0
3000
BP PLC
SPONSORED ADR
055622104
475782
13621
SH
SOLE
12371
0
1250
BRIGHTHOUSE FINL INC
COM
10922N103
414569
8086
SH
SOLE
8086
0
0
BRISTOL-MYERS SQUIBB CO
COM
110122108
7285466
101257
SH
SOLE
97907
0
3350
CANADIAN PAC RY LTD
COM
13645T100
213924
2868
SH
SOLE
2568
0
300
CECO ENVIRONMENTAL CORP
COM
125141101
1866464
159800
SH
SOLE
127800
0
32000
CERUS CORP
COM
157085101
94900
26000
SH
SOLE
26000
0
0
CHEVRON CORP NEW
COM
166764100
3353342
18683
SH
SOLE
14577
0
4106
CINCINNATI FINL CORP
COM
172062101
697788
6815
SH
SOLE
5640
0
1175
CISCO SYS INC
COM
17275R102
223637
4694
SH
SOLE
3094
0
1600
COCA COLA CO
COM
191216100
1047382
16466
SH
SOLE
13901
0
2565
COMSCORE INC
COM
20564W105
153352
132200
SH
SOLE
124700
0
7500
CONDUENT INC
COM
206787103
362374
89475
SH
SOLE
86975
0
2500
CONOCOPHILLIPS
COM
20825C104
946950
8025
SH
SOLE
5940
0
2085
COPA HOLDINGS SA
CL A
P31076105
4555637
54775
SH
SOLE
42270
0
12505
CORNING INC
COM
219350105
7834014
245273
SH
SOLE
234043
0
11230
CRYOPORT INC
COM PAR $0.001
229050307
957286
55175
SH
SOLE
54875
0
300
CSX CORP
COM
126408103
435207
14048
SH
SOLE
11748
0
2300
CVS HEALTH CORP
COM
126650100
301470
3235
SH
SOLE
2535
0
700
DANAHER CORPORATION
COM
235851102
610466
2300
SH
SOLE
2300
0
0
DASEKE INC
COM
23753F107
2385874
419310
SH
SOLE
416060
0
3250
DESKTOP METAL INC
COM CL A
25058X105
40800
30000
SH
SOLE
30000
0
0
DIAMONDBACK ENERGY INC
COM
25278X109
633291
4630
SH
SOLE
2100
0
2530
DISCOVER FINL SVCS
COM
254709108
232346
2375
SH
SOLE
2345
0
30
DISNEY WALT CO
COM
254687106
298085
3431
SH
SOLE
2931
0
500
DOCGO INC
COM
256086109
1775560
251140
SH
SOLE
251140
0
0
DOLPHIN ENTMT INC
COM NEW
25686H209
356570
197000
SH
SOLE
197000
0
0
DUKE ENERGY CORP NEW
COM NEW
26441C204
442033
4292
SH
SOLE
4092
0
200
ENBRIDGE INC
COM
29250N105
370551
9477
SH
SOLE
9477
0
0
ENPHASE ENERGY INC
COM
29355A107
21015567
79316
SH
SOLE
75731
0
3585
EURONAV NV
SHS
B38564108
906272
53185
SH
SOLE
31435
0
21750
EVOLV TECHNOLOGIES HLDNGS IN
COM CL A
30049H102
1096140
423220
SH
SOLE
423220
0
0
EXXON MOBIL CORP
COM
30231G102
978692
8873
SH
SOLE
6423
0
2450
F N B CORP
COM
302520101
313200
24000
SH
SOLE
24000
0
0
FRONTLINE LTD
SHS NEW
G3682E192
297430
24500
SH
SOLE
24500
0
0
GLADSTONE LD CORP
COM
376549101
2887762
157371
SH
SOLE
157371
0
0
GLOBAL SELF STORAGE INC
COM
37955N106
1805472
369974
SH
SOLE
369974
0
0
GROWGENERATION CORP
COM
39986L109
347508
88650
SH
SOLE
76650
0
12000
HOME DEPOT INC
COM
437076102
622560
1971
SH
SOLE
951
0
1020
HONEYWELL INTL INC
COM
438516106
1433024
6687
SH
SOLE
3747
0
2940
HUDSON TECHNOLOGIES INC
COM
444144109
9467877
936561
SH
SOLE
923061
0
13500
IDENTIV INC
COM NEW
45170X205
5043601
696630
SH
SOLE
691405
0
5225
INTERNATIONAL BUSINESS MACHS
COM
459200101
6168494
43782
SH
SOLE
40726
0
3056
ISHARES SILVER TR
ISHARES
46428Q109
391956
17800
SH
SOLE
14500
0
3300
ISHARES TR
ISHARES BIOTECH
464287556
540258
4115
SH
SOLE
1900
0
2215
ISHARES TR
IBONDS 23 TRM TS
46436E882
889200
36000
SH
SOLE
36000
0
0
JOHNSON & JOHNSON
COM
478160104
6522871
36925
SH
SOLE
33628
0
3297
JPMORGAN CHASE & CO
COM
46625H100
498852
3720
SH
SOLE
3195
0
525
KEYSIGHT TECHNOLOGIES INC
COM
49338L103
411594
2406
SH
SOLE
2406
0
0
KNOWLES CORP
COM
49926D109
208534
12700
SH
SOLE
12200
0
500
KORNIT DIGITAL LTD
SHS
M6372Q113
1401055
60995
SH
SOLE
59745
0
1250
LATTICE SEMICONDUCTOR CORP
COM
518415104
908320
14000
SH
SOLE
14000
0
0
LENNAR CORP
CL B
526057302
3701984
49505
SH
SOLE
47625
0
1880
LIBERTY MEDIA CORP DEL
COM A SIRIUSXM
531229409
235860
6000
SH
SOLE
6000
0
0
LILLY ELI & CO
COM
532457108
986305
2696
SH
SOLE
2196
0
500
LOCKHEED MARTIN CORP
COM
539830109
272921
561
SH
SOLE
286
0
275
LOWES COS INC
COM
548661107
644940
3237
SH
SOLE
3237
0
0
LUNA INNOVATIONS INC
COM
550351100
1369025
155748
SH
SOLE
155748
0
0
M D C HLDGS INC
COM
552676108
2274622
71982
SH
SOLE
69424
0
2558
MAGNOLIA OIL & GAS CORP
CL A
559663109
375200
16000
SH
SOLE
16000
0
0
MARATHON PETE CORP
COM
56585A102
1833143
15750
SH
SOLE
15750
0
0
MATIV HOLDINGS INC
COM
808541106
574750
27500
SH
SOLE
27500
0
0
MAXAR TECHNOLOGIES INC
COM
57778K105
1164150
22500
SH
SOLE
22500
0
0
MCDONALDS CORP
COM
580135101
541559
2055
SH
SOLE
2055
0
0
MERCK & CO INC
COM
58933Y105
5075390
45745
SH
SOLE
42670
0
3075
METLIFE INC
COM
59156R108
6651086
91904
SH
SOLE
88514
0
3390
MICRON TECHNOLOGY INC
COM
595112103
299880
6000
SH
SOLE
6000
0
0
MICROSOFT CORP
COM
594918104
6154710
25664
SH
SOLE
24124
0
1540
MORGAN STANLEY
COM NEW
617446448
298505
3511
SH
SOLE
3511
0
0
NANO DIMENSION LTD
SPONSORD ADS NEW
63008G203
1457280
633600
SH
SOLE
633600
0
0
NEXTERA ENERGY INC
COM
65339F101
300960
3600
SH
SOLE
2350
0
1250
NOKIA CORP
SPONSORED ADR
654902204
166808
35950
SH
SOLE
25550
0
10400
NVIDIA CORPORATION
COM
67066G104
265975
1820
SH
SOLE
1820
0
0
ONDAS HLDGS INC
COM NEW
68236H204
375057
235885
SH
SOLE
235885
0
0
ONEOK INC NEW
COM
682680103
335070
5100
SH
SOLE
5100
0
0
OPEN LENDING CORP
COM CL A
68373J104
473047
70081
SH
SOLE
64246
0
5835
ORACLE CORP
COM
68389X105
302438
3700
SH
SOLE
0
0
3700
PEPSICO INC
COM
713448108
1096968
6072
SH
SOLE
5847
0
225
PFIZER INC
COM
717081103
2722663
53135
SH
SOLE
50723
0
2412
PHILIP MORRIS INTL INC
COM
718172109
249685
2467
SH
SOLE
1017
0
1450
PHILLIPS 66
COM
718546104
8339551
80126
SH
SOLE
78156
0
1970
PHOTRONICS INC
COM
719405102
1807828
107417
SH
SOLE
107417
0
0
PHYSICIANS RLTY TR
COM
71943U104
6808768
470544
SH
SOLE
459434
0
11110
PNC FINL SVCS GROUP INC
COM
693475105
613597
3885
SH
SOLE
2673
0
1212
PRICE T ROWE GROUP INC
COM
74144T108
99546151
912765
SH
SOLE
910070
0
2695
PROCTER AND GAMBLE CO
COM
742718109
2837843
18724
SH
SOLE
16942
0
1782
PROGYNY INC
COM
74340E103
1283536
41205
SH
SOLE
38320
0
2885
PROLOGIS INC.
COM
74340W103
584280
5183
SH
SOLE
5183
0
0
QUALCOMM INC
COM
747525103
6723377
61155
SH
SOLE
59540
0
1615
QUANTERIX CORP
COM
74766Q101
1412215
101965
SH
SOLE
96540
0
5425
QUANTUM CORP
COM NEW
747906501
65400
60000
SH
SOLE
60000
0
0
RAYTHEON TECHNOLOGIES CORP
COM
75513E101
506121
5015
SH
SOLE
5015
0
0
ROYAL GOLD INC
COM
780287108
249337
2212
SH
SOLE
2212
0
0
SANDSTORM GOLD LTD
COM NEW
80013R206
52600
10000
SH
SOLE
10000
0
0
SANMINA CORPORATION
COM
801056102
429675
7500
SH
SOLE
7500
0
0
SHYFT GROUP INC
COM
825698103
3130272
125916
SH
SOLE
124766
0
1150
SIGNET JEWELERS LIMITED
SHS
G81276100
510000
7500
SH
SOLE
7500
0
0
SOUTHWESTERN ENERGY CO
COM
845467109
879255
150300
SH
SOLE
141800
0
8500
SPDR GOLD TR
GOLD SHS
78463V107
2740195
16153
SH
SOLE
14503
0
1650
SPDR SER TR
BLOOMBERG 1-3 MO
78468R663
232631
2541
SH
SOLE
1868
0
673
STARBUCKS CORP
COM
855244109
757293
7634
SH
SOLE
6229
0
1405
STEREOTAXIS INC
COM NEW
85916J409
103950
47250
SH
SOLE
12250
0
35000
STORE CAP CORP
COM
862121100
406521
12680
SH
SOLE
12375
0
305
STRATASYS LTD
SHS
M85548101
1516775
127890
SH
SOLE
123240
0
4650
TARGA RES CORP
COM
87612G101
2397938
32625
SH
SOLE
31625
0
1000
TETRA TECHNOLOGIES INC DEL
COM
88162F105
6228761
1800220
SH
SOLE
1648070
0
152150
THERMO FISHER SCIENTIFIC INC
COM
883556102
660828
1200
SH
SOLE
650
0
550
TPI COMPOSITES INC
COM
87266J104
141453
13950
SH
SOLE
6450
0
7500
TUTOR PERINI CORP
COM
901109108
281993
37350
SH
SOLE
12350
0
25000
URBAN-GRO INC
COM NEW
91704K202
440640
162000
SH
SOLE
162000
0
0
US BANCORP DEL
COM NEW
902973304
1882684
43171
SH
SOLE
39961
0
3210
VERIZON COMMUNICATIONS INC
COM
92343V104
1726964
43832
SH
SOLE
39316
0
4516
WARNER BROS DISCOVERY INC
COM SER A
934423104
1326621
139939
SH
SOLE
139624
0
315
WELLS FARGO CO NEW
PERP PFD CNV A
949746804
1757355
1483
SH
SOLE
1283
0
200
WEYERHAEUSER CO MTN BE
COM NEW
962166104
1804696
58216
SH
SOLE
56616
0
1600
WILLIS TOWERS WATSON PLC LTD
SHS
G96629103
1151483
4708
SH
SOLE
4453
0
255
XEROX HOLDINGS CORP
COM NEW
98421M106
2798254
191661
SH
SOLE
185436
0
6225