Markin Asset Management, LP Concentrated Active

CIK: 0002110806 · Show all filings

Period: Q4 2025

Filing Date: Feb 13, 2026

Total Value ($000): $90,971 (100.0% shares, 0.0% debt)

Holdings (45)

AGG ISHARES TR 14.9%
Value ($000) $13,559 Shares 135,753 Est. Cost $99.88 Unrealized
TFLO ISHARES TR 12.0%
Value ($000) $10,961 Shares 217,212 Est. Cost $50.46 Unrealized
XLK SELECT SECTOR SPDR TR 9.7%
Value ($000) $8,867 Shares 61,588 Est. Cost $143.97 Unrealized
GLD SPDR GOLD TR 4.8%
Value ($000) $4,402 Shares 11,107 Est. Cost $396.31 Unrealized
SPY SPDR S&P 500 ETF TR 4.4%
Value ($000) $3,968 Shares 5,819 Est. Cost $681.92 Unrealized
XLF SELECT SECTOR SPDR TR 3.9%
Value ($000) $3,574 Shares 65,256 Est. Cost $54.77 Unrealized
IEF ISHARES TR 3.8%
Value ($000) $3,460 Shares 35,984 Est. Cost $96.16 Unrealized
IEI ISHARES TR 3.6%
Value ($000) $3,317 Shares 27,792 Est. Cost $119.35 Unrealized
VOO VANGUARD INDEX FDS 3.5%
Value ($000) $3,161 Shares 5,041 Est. Cost $627.13 Unrealized
QQQ INVESCO QQQ TR 3.3%
Value ($000) $3,046 Shares 4,959 Est. Cost $614.31 Unrealized
MSFT MICROSOFT CORP 2.8%
Value ($000) $2,584 Shares 5,343 Est. Cost $500.58 Unrealized 0.0%
XLC SELECT SECTOR SPDR TR 2.7%
Value ($000) $2,502 Shares 21,250 Est. Cost $117.72 Unrealized
VEU VANGUARD INTL EQUITY INDEX F 2.7%
Value ($000) $2,450 Shares 33,309 Est. Cost $73.56 Unrealized
XLV SELECT SECTOR SPDR TR 2.6%
Value ($000) $2,398 Shares 15,488 Est. Cost $154.80 Unrealized
XLY SELECT SECTOR SPDR TR 2.5%
Value ($000) $2,293 Shares 19,207 Est. Cost $119.41 Unrealized
AAPL APPLE INC 2.2%
Value ($000) $2,010 Shares 7,395 Est. Cost $268.34 Unrealized 0.0%
XLI SELECT SECTOR SPDR TR 2.2%
Value ($000) $1,993 Shares 12,848 Est. Cost $155.12 Unrealized
SPSM SPDR SERIES TRUST 1.7%
Value ($000) $1,511 Shares 32,245 Est. Cost $46.86 Unrealized
BRK/B BERKSHIRE HATHAWAY INC DEL 1.6%
Value ($000) $1,486 Shares 2,956 Est. Cost $497.53 Unrealized 0.0%
SHY ISHARES TR 1.5%
Value ($000) $1,390 Shares 16,787 Est. Cost $82.82 Unrealized
XLP SELECT SECTOR SPDR TR 1.3%
Value ($000) $1,194 Shares 15,373 Est. Cost $77.68 Unrealized
NVDA NVIDIA CORPORATION 1.3%
Value ($000) $1,163 Shares 6,235 Est. Cost $186.13 Unrealized 0.0%
AMZN AMAZON COM INC 1.3%
Value ($000) $1,137 Shares 4,927 Est. Cost $228.79 Unrealized 0.0%
GOOG ALPHABET INC 1.0%
Value ($000) $876 Shares 2,790 Est. Cost $286.33 Unrealized 0.0%
XLE SELECT SECTOR SPDR TR 0.7%
Value ($000) $650 Shares 14,546 Est. Cost $44.71 Unrealized
XLU SELECT SECTOR SPDR TR 0.7%
Value ($000) $600 Shares 14,055 Est. Cost $42.69 Unrealized
VTI VANGUARD INDEX FDS 0.6%
Value ($000) $557 Shares 1,662 Est. Cost $335.27 Unrealized
TSLA TESLA INC 0.6%
Value ($000) $501 Shares 1,113 Est. Cost $443.29 Unrealized 0.0%
XLRE SELECT SECTOR SPDR TR 0.5%
Value ($000) $444 Shares 10,993 Est. Cost $40.35 Unrealized
XLB SELECT SECTOR SPDR TR 0.5%
Value ($000) $436 Shares 9,617 Est. Cost $45.35 Unrealized
VEA VANGUARD TAX-MANAGED FDS 0.5%
Value ($000) $427 Shares 6,837 Est. Cost $62.47 Unrealized
LLY ELI LILLY & CO 0.5%
Value ($000) $426 Shares 396 Est. Cost $955.55 Unrealized 0.0%
CBOJ CALAMOS ETF TR 0.5%
Value ($000) $418 Shares 17,374 Est. Cost $24.05 Unrealized
GOOGL ALPHABET INC 0.4%
Value ($000) $391 Shares 1,248 Est. Cost $285.60 Unrealized 0.0%
CBOY CALAMOS ETF TR 0.4%
Value ($000) $350 Shares 14,241 Est. Cost $24.58 Unrealized
PLTR PALANTIR TECHNOLOGIES INC 0.4%
Value ($000) $341 Shares 1,920 Est. Cost $181.03 Unrealized 0.0%
FBTC FIDELITY WISE ORIGIN BITCOIN 0.4%
Value ($000) $321 Shares 4,215 Est. Cost $76.23 Unrealized
IAGG ISHARES TR 0.3%
Value ($000) $301 Shares 6,028 Est. Cost $50.01 Unrealized
FXF INVESCO CURRENCYSHARES SWISS 0.3%
Value ($000) $240 Shares 2,149 Est. Cost $111.60 Unrealized
FXY INVESCO CURRENCYSHARES JAPAN 0.2%
Value ($000) $217 Shares 3,707 Est. Cost $58.67 Unrealized
SPYM SPDR SERIES TRUST 0.2%
Value ($000) $215 Shares 2,685 Est. Cost $80.22 Unrealized
AVGO BROADCOM INC 0.2%
Value ($000) $212 Shares 612 Est. Cost $357.00 Unrealized 0.0%
AOA ISHARES TR 0.2%
Value ($000) $212 Shares 2,362 Est. Cost $89.56 Unrealized
META META PLATFORMS INC 0.2%
Value ($000) $206 Shares 312 Est. Cost $667.32 Unrealized 0.0%
MU MICRON TECHNOLOGY INC 0.2%
Value ($000) $203 Shares 712 Est. Cost $229.35 Unrealized 0.0%