0001172661-23-002080.txt : 20230512
0001172661-23-002080.hdr.sgml : 20230512
20230512163428
ACCESSION NUMBER: 0001172661-23-002080
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20230331
FILED AS OF DATE: 20230512
DATE AS OF CHANGE: 20230512
EFFECTIVENESS DATE: 20230512
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: 23916432
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
03-31-2023
03-31-2023
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
05-12-2023
0
164
406392522
INFORMATION TABLE
2
infotable.xml
ABB LTD
SPONSORED ADR
000375204
202370
5900
SH
SOLE
3000
0
2900
ABBOTT LABS
COM
002824100
494681
4885
SH
SOLE
4660
0
225
ABBVIE INC
COM
00287Y109
1069373
6710
SH
SOLE
6000
0
710
ACCURAY INC
COM
004397105
326700
110000
SH
SOLE
110000
0
0
ADVANCED MICRO DEVICES INC
COM
007903107
516905
5274
SH
SOLE
5274
0
0
AEGON N V
NY REGISTRY SHS
007924103
512083
119089
SH
SOLE
115421
0
3668
AGRIFY CORP
COM NEW
00853E206
2720
16000
SH
SOLE
1000
0
15000
ALLISON TRANSMISSION HLDGS I
COM
01973R101
5460205
120694
SH
SOLE
115432
0
5262
ALLSTATE CORP
COM
020002101
489448
4417
SH
SOLE
4417
0
0
ALPHABET INC
CAP STK CL C
02079K107
1104376
10619
SH
SOLE
9869
0
750
ALPHABET INC
CAP STK CL A
02079K305
755673
7285
SH
SOLE
6535
0
750
AMAZON COM INC
COM
023135106
1394931
13505
SH
SOLE
12305
0
1200
AMGEN INC
COM
031162100
218059
902
SH
SOLE
850
0
52
ANI PHARMACEUTICALS INC
COM
00182C103
3371831
84890
SH
SOLE
72890
0
12000
ANTERO RESOURCES CORP
COM
03674X106
692700
30000
SH
SOLE
30000
0
0
AON PLC
SHS CL A
G0403H108
220703
700
SH
SOLE
700
0
0
APPLE INC
COM
037833100
9484796
57518
SH
SOLE
41893
0
15625
AQUA METALS INC
COM
03837J101
25000
25000
SH
SOLE
25000
0
0
ARCOSA INC
COM
039653100
2884190
45701
SH
SOLE
45411
0
290
ARES CAPITAL CORP
COM
04010L103
3077791
168415
SH
SOLE
159965
0
8450
AVID TECHNOLOGY INC
COM
05367P100
5329787
166660
SH
SOLE
120660
0
46000
BANK AMERICA CORP
7.25%CNV PFD L
060505682
1904617
1631
SH
SOLE
1472
0
159
BANK MONTREAL QUE
COM
063671101
6019826
67555
SH
SOLE
64390
0
3165
BARFRESH FOOD GROUP INC
COM NEW
067532200
51140
37058
SH
SOLE
37058
0
0
BELDEN INC
COM
077454106
2321098
26750
SH
SOLE
25525
0
1225
BERKSHIRE HATHAWAY INC DEL
CL B NEW
084670702
3786755
12264
SH
SOLE
9914
0
2350
BLACKROCK RES & COMMODITIES
SHS
09257A108
574127
60181
SH
SOLE
58681
0
1500
BLUE BIRD CORP
COM
095306106
3238870
158535
SH
SOLE
100535
0
58000
BP PLC
SPONSORED ADR
055622104
516781
13621
SH
SOLE
12371
0
1250
BRIGHTHOUSE FINL INC
COM
10922N103
356673
8086
SH
SOLE
8086
0
0
BRISTOL-MYERS SQUIBB CO
COM
110122108
8350840
120485
SH
SOLE
117185
0
3300
CANADIAN PAC RY LTD
COM
13645T100
205276
2668
SH
SOLE
2568
0
100
CECO ENVIRONMENTAL CORP
COM
125141101
3272961
233950
SH
SOLE
126950
0
107000
CERUS CORP
COM
157085101
77220
26000
SH
SOLE
26000
0
0
CHEMOURS CO
COM
163851108
239520
8000
SH
SOLE
8000
0
0
CHEVRON CORP NEW
COM
166764100
3008607
18440
SH
SOLE
14634
0
3806
CINCINNATI FINL CORP
COM
172062101
761023
6790
SH
SOLE
5640
0
1150
CISCO SYS INC
COM
17275R102
245396
4694
SH
SOLE
3094
0
1600
CITIGROUP INC
COM NEW
172967424
403113
8597
SH
SOLE
8597
0
0
CNX RES CORP
COM
12653C108
160200
10000
SH
SOLE
10000
0
0
COCA COLA CO
COM
191216100
1011256
16303
SH
SOLE
14338
0
1965
COMSCORE INC
COM
20564W105
300059
243950
SH
SOLE
123950
0
120000
CONDUENT INC
COM
206787103
304498
88775
SH
SOLE
86275
0
2500
CONOCOPHILLIPS
COM
20825C104
838821
8455
SH
SOLE
6140
0
2315
COPA HOLDINGS SA
CL A
P31076105
5067706
54875
SH
SOLE
41895
0
12980
CORNING INC
COM
219350105
8638790
244864
SH
SOLE
234009
0
10855
CRYOPORT INC
COM PAR $0.001
229050307
1689000
70375
SH
SOLE
55075
0
15300
CSX CORP
COM
126408103
420597
14048
SH
SOLE
11748
0
2300
CVS HEALTH CORP
COM
126650100
240393
3235
SH
SOLE
2535
0
700
DANAHER CORPORATION
COM
235851102
579692
2300
SH
SOLE
2300
0
0
DASEKE INC
COM
23753F107
2951391
381810
SH
SOLE
378560
0
3250
DESKTOP METAL INC
COM CL A
25058X105
85100
37000
SH
SOLE
37000
0
0
DIAMONDBACK ENERGY INC
COM
25278X109
763035
5645
SH
SOLE
2390
0
3255
DISCOVER FINL SVCS
COM
254709108
217942
2205
SH
SOLE
2175
0
30
DISNEY WALT CO
COM
254687106
339040
3386
SH
SOLE
2986
0
400
DOCGO INC
COM
256086109
2800784
323790
SH
SOLE
251290
0
72500
DOLPHIN ENTMT INC
COM NEW
25686H209
192765
106500
SH
SOLE
106500
0
0
DOW INC
COM
260557103
3954498
72136
SH
SOLE
68886
0
3250
DUKE ENERGY CORP NEW
COM NEW
26441C204
389546
4038
SH
SOLE
3838
0
200
EDGIO INC
COM
53261M104
35204
44500
SH
SOLE
44500
0
0
ENBRIDGE INC
COM
29250N105
361548
9477
SH
SOLE
9477
0
0
ENPHASE ENERGY INC
COM
29355A107
17281021
82181
SH
SOLE
75196
0
6985
ENVIVA INC
COM
29415B103
557990
19321
SH
SOLE
18546
0
775
EURONAV NV
SHS
B38564108
816162
48610
SH
SOLE
31860
0
16750
EVOLV TECHNOLOGIES HLDNGS IN
COM CL A
30049H102
1416074
453870
SH
SOLE
423870
0
30000
EXXON MOBIL CORP
COM
30231G102
973013
8873
SH
SOLE
6423
0
2450
F N B CORP
COM
302520101
278400
24000
SH
SOLE
24000
0
0
FIDELITY NATIONAL FINANCIAL
FNF GROUP COM
31620R303
4237682
121319
SH
SOLE
116882
0
4437
FIDELITY NATL INFORMATION SV
COM
31620M106
6053644
111424
SH
SOLE
108664
0
2760
FRONTLINE PLC
COM
M46528101
405720
24500
SH
SOLE
24500
0
0
GLADSTONE LD CORP
COM
376549101
2638099
158444
SH
SOLE
158444
0
0
GLOBAL SELF STORAGE INC
COM
37955N106
1901665
369974
SH
SOLE
369974
0
0
GROWGENERATION CORP
COM
39986L109
284715
83250
SH
SOLE
73250
0
10000
HELMERICH & PAYNE INC
COM
423452101
3963781
110875
SH
SOLE
107875
0
3000
HILLMAN SOLUTIONS CORP
COM
431636109
7867859
934425
SH
SOLE
910250
0
24175
HOME DEPOT INC
COM
437076102
552170
1871
SH
SOLE
951
0
920
HONEYWELL INTL INC
COM
438516106
1246867
6524
SH
SOLE
3747
0
2777
HORIZON BANCORP INC
COM
440407104
417792
37775
SH
SOLE
37775
0
0
HP INC
COM
40434L105
261215
8900
SH
SOLE
7275
0
1625
HUDSON TECHNOLOGIES INC
COM
444144109
7769700
890000
SH
SOLE
877500
0
12500
IDENTIV INC
COM NEW
45170X205
4924771
802080
SH
SOLE
701605
0
100475
INTERNATIONAL BUSINESS MACHS
COM
459200101
5769578
44012
SH
SOLE
41006
0
3006
ISHARES SILVER TR
ISHARES
46428Q109
384888
17400
SH
SOLE
14400
0
3000
ISHARES TR
ISHARES BIOTECH
464287556
505661
3915
SH
SOLE
1900
0
2015
ISHARES TR
IBONDS 23 TRM TS
46436E882
818730
33000
SH
SOLE
33000
0
0
JOHNSON & JOHNSON
COM
478160104
5634693
36353
SH
SOLE
33206
0
3147
JPMORGAN CHASE & CO
COM
46625H100
2632523
20202
SH
SOLE
19302
0
900
KEYSIGHT TECHNOLOGIES INC
COM
49338L103
388521
2406
SH
SOLE
2406
0
0
KNOWLES CORP
COM
49926D109
215900
12700
SH
SOLE
12200
0
500
KORNIT DIGITAL LTD
SHS
M6372Q113
1341261
69280
SH
SOLE
60030
0
9250
LATTICE SEMICONDUCTOR CORP
COM
518415104
1337000
14000
SH
SOLE
14000
0
0
LILLY ELI & CO
COM
532457108
925860
2696
SH
SOLE
2196
0
500
LOCKHEED MARTIN CORP
COM
539830109
259056
548
SH
SOLE
286
0
262
LOWES COS INC
COM
548661107
642304
3212
SH
SOLE
3212
0
0
LUNA INNOVATIONS INC
COM
550351100
1127018
156748
SH
SOLE
155748
0
1000
M D C HLDGS INC
COM
552676108
2786928
71699
SH
SOLE
69249
0
2450
MAGNOLIA OIL & GAS CORP
CL A
559663109
350080
16000
SH
SOLE
16000
0
0
MARATHON OIL CORP
COM
565849106
4051636
169100
SH
SOLE
164075
0
5025
MARATHON PETE CORP
COM
56585A102
269660
2000
SH
SOLE
2000
0
0
MCDONALDS CORP
COM
580135101
574604
2055
SH
SOLE
2055
0
0
MERCK & CO INC
COM
58933Y105
3668736
34484
SH
SOLE
32184
0
2300
METLIFE INC
COM
59156R108
6963745
120189
SH
SOLE
116589
0
3600
MICRON TECHNOLOGY INC
COM
595112103
362040
6000
SH
SOLE
6000
0
0
MICROSOFT CORP
COM
594918104
7464708
25892
SH
SOLE
24352
0
1540
MORGAN STANLEY
COM NEW
617446448
287721
3277
SH
SOLE
3277
0
0
NABORS INDUSTRIES LTD
SHS
G6359F137
609550
5000
SH
SOLE
5000
0
0
NANO DIMENSION LTD
SPONSORD ADS NEW
63008G203
86700
30000
SH
SOLE
30000
0
0
NEXTERA ENERGY INC
COM
65339F101
277488
3600
SH
SOLE
2350
0
1250
NOKIA CORP
SPONSORED ADR
654902204
151965
30950
SH
SOLE
25550
0
5400
NORTHROP GRUMMAN CORP
COM
666807102
230860
500
SH
SOLE
250
0
250
NVIDIA CORPORATION
COM
67066G104
429155
1545
SH
SOLE
1545
0
0
ONDAS HLDGS INC
COM NEW
68236H204
366266
339135
SH
SOLE
234135
0
105000
ONEOK INC NEW
COM
682680103
324054
5100
SH
SOLE
5100
0
0
OPEN LENDING CORP
COM CL A
68373J104
796069
113078
SH
SOLE
62493
0
50585
ORACLE CORP
COM
68389X105
343804
3700
SH
SOLE
150
0
3550
PEPSICO INC
COM
713448108
1106926
6072
SH
SOLE
5847
0
225
PFIZER INC
COM
717081103
6051480
148321
SH
SOLE
145059
0
3262
PHILIP MORRIS INTL INC
COM
718172109
239916
2467
SH
SOLE
1017
0
1450
PHILLIPS 66
COM
718546104
4083586
40280
SH
SOLE
40050
0
230
PHOTRONICS INC
COM
719405102
1788352
107862
SH
SOLE
105362
0
2500
PHYSICIANS RLTY TR
COM
71943U104
7031085
470937
SH
SOLE
459902
0
11035
PNC FINL SVCS GROUP INC
COM
693475105
494546
3891
SH
SOLE
2673
0
1218
PPG INDS INC
COM
693506107
212875
1594
SH
SOLE
694
0
900
PRICE T ROWE GROUP INC
COM
74144T108
102749161
910090
SH
SOLE
907745
0
2345
PROCTER AND GAMBLE CO
COM
742718109
2789832
18763
SH
SOLE
17281
0
1482
PROGYNY INC
COM
74340E103
1876772
58430
SH
SOLE
40545
0
17885
PROLOGIS INC.
COM
74340W103
646683
5183
SH
SOLE
5183
0
0
QUALCOMM INC
COM
747525103
7922827
62101
SH
SOLE
60526
0
1575
QUANTERIX CORP
COM
74766Q101
1353696
120115
SH
SOLE
98690
0
21425
QUANTUM CORP
COM NEW
747906501
69000
60000
SH
SOLE
60000
0
0
RAYTHEON TECHNOLOGIES CORP
COM
75513E101
499433
5100
SH
SOLE
5100
0
0
RBB FD INC
MOTLEY FOL ETF
74933W601
215625
6086
SH
SOLE
6086
0
0
ROYAL GOLD INC
COM
780287108
286919
2212
SH
SOLE
2212
0
0
SANDSTORM GOLD LTD
COM NEW
80013R206
58100
10000
SH
SOLE
10000
0
0
SANMINA CORPORATION
COM
801056102
457425
7500
SH
SOLE
7500
0
0
SEAGATE TECHNOLOGY HLDNGS PL
ORD SHS
G7997R103
511108
7730
SH
SOLE
7730
0
0
SHYFT GROUP INC
COM
825698103
3573820
157091
SH
SOLE
123941
0
33150
SIGNET JEWELERS LIMITED
SHS
G81276100
583350
7500
SH
SOLE
7500
0
0
SOUTHWESTERN ENERGY CO
COM
845467109
780000
156000
SH
SOLE
147500
0
8500
SPDR GOLD TR
GOLD SHS
78463V107
2870691
15668
SH
SOLE
14253
0
1415
SPROTT PHYSICAL GOLD & SILVE
TR UNIT
85208R101
5069771
268100
SH
SOLE
199400
0
68700
STARBUCKS CORP
COM
855244109
719538
6910
SH
SOLE
5670
0
1240
STEREOTAXIS INC
COM NEW
85916J409
75990
37250
SH
SOLE
12250
0
25000
STRATASYS LTD
SHS
M85548101
2390486
144615
SH
SOLE
124965
0
19650
STRYKER CORPORATION
COM
863667101
269769
945
SH
SOLE
745
0
200
TARGA RES CORP
COM
87612G101
2354461
32275
SH
SOLE
31275
0
1000
TAYLOR MORRISON HOME CORP
COM
87724P106
267820
7000
SH
SOLE
7000
0
0
TETRA TECHNOLOGIES INC DEL
COM
88162F105
4788338
1806920
SH
SOLE
1654770
0
152150
THE CIGNA GROUP
COM
125523100
210046
822
SH
SOLE
640
0
182
THERMO FISHER SCIENTIFIC INC
COM
883556102
691644
1200
SH
SOLE
650
0
550
TPI COMPOSITES INC
COM
87266J104
149423
11450
SH
SOLE
6450
0
5000
TRUIST FINL CORP
COM
89832Q109
3671240
107661
SH
SOLE
97886
0
9775
TUTOR PERINI CORP
COM
901109108
199600
32350
SH
SOLE
12350
0
20000
UNISYS CORP
COM NEW
909214306
64020
16500
SH
SOLE
16500
0
0
URBAN-GRO INC
COM NEW
91704K202
437400
162000
SH
SOLE
162000
0
0
VANECK ETF TRUST
GOLD MINERS ETF
92189F106
3069853
94895
SH
SOLE
93325
0
1570
VERIZON COMMUNICATIONS INC
COM
92343V104
1698112
43664
SH
SOLE
40148
0
3516
WARNER BROS DISCOVERY INC
COM SER A
934423104
2388841
157208
SH
SOLE
154719
0
2489
WELLS FARGO CO NEW
PERP PFD CNV A
949746804
1736145
1476
SH
SOLE
1279
0
197
WEYERHAEUSER CO MTN BE
COM NEW
962166104
1745009
57916
SH
SOLE
56316
0
1600
WILLIS TOWERS WATSON PLC LTD
SHS
G96629103
1096369
4718
SH
SOLE
4463
0
255
XEROX HOLDINGS CORP
COM NEW
98421M106
2955433
191911
SH
SOLE
185811
0
6100
ZETA GLOBAL HOLDINGS CORP
CL A
98956A105
1315574
121475
SH
SOLE
118975
0
2500
ZYMEWORKS INC
COM
98985Y108
237300
26250
SH
SOLE
21250
0
5000