Latest MARVIN & PALMER ASSOCIATES INC Stock Portfolio

MARVIN & PALMER ASSOCIATES INC Performance:

2025 Q4: 2.52%YTD: -2.16%2024: 34.74%

Performance for 2025 Q4 is 2.52%, and YTD is -2.16%, and 2024 is 34.74%.

About MARVIN & PALMER ASSOCIATES INC and 13F Hedge Fund Stock Holdings

MARVIN & PALMER ASSOCIATES INC is a hedge fund based in Wilmington, DE. On 2026-02-11, the fund reported it's updated stock portfolio. In the 13F Holdings report, MARVIN & PALMER ASSOCIATES INC reported an equity portfolio of $141.6 Millions as of 31 Dec, 2025.

The top stock holdings of MARVIN & PALMER ASSOCIATES INC are NVDA, C, GS. The fund has invested 7.4% of it's portfolio in NVIDIA CORP and 6.9% of portfolio in CITIGROUP INC.

The fund managers got completely rid off INTERACTIVE BROKERS GROUP INC (IBKR), ORACLE CORP (ORCL) and MICRON TECHNOLOGY INC (MU) stocks. They significantly reduced their stock positions in JPMORGAN CHASE & CO (JPM), BROADCOM INC (AVGO) and ISHARES MSCI JAPAN ETF (EMGF). MARVIN & PALMER ASSOCIATES INC opened new stock positions in ISHARES BIOTECHNOLOGY ETF (IJR), HEALTH CARE SELECT SECTOR SPDR (XLB) and APPLE INC (AAPL). The fund showed a lot of confidence in some stocks as they added substantially to TAIWAN SEMICONDUCTOR MANUFACTURING SPON (TSM), ALPHABET INC (GOOG) and CITIGROUP INC (C).

MARVIN & PALMER ASSOCIATES INC Annual Return Estimates Vs S&P 500

Our best estimate is that MARVIN & PALMER ASSOCIATES INC made a return of 2.52% in the last quarter. In trailing 12 months, it's portfolio return was -2.16%.

Performance
S&P 500

New Buys

Ticker	$ Bought
ishares biotechnology etf	7,125,300
health care select sector spdr	6,753,920
apple inc	6,537,690
ishares core s&p small-cap etf	4,262,780
tjx cos inc/the	3,584,950
spdr s&p biotech etf	3,284,790
amazon.com inc	3,219,020
ishares latin america 40 etf	2,102,570

New stocks bought by MARVIN & PALMER ASSOCIATES INC

Additions

Ticker	% Inc.
taiwan semiconductor manufacturing spon	1,437
alphabet inc	23.95
citigroup inc	10.08
bank of america corp	6.47

Additions to existing portfolio by MARVIN & PALMER ASSOCIATES INC

Reductions

Ticker	% Reduced
jpmorgan chase & co	-54.45
broadcom inc	-19.57
ishares msci japan etf	-7.8
caterpillar inc	-7.79
amphenol corp	-7.54
newmont corp	-4.95
nvidia corp	-3.99
morgan stanley	-3.39

MARVIN & PALMER ASSOCIATES INC reduced stake in above stock

Sold off

Ticker	$ Sold
interactive brokers group inc	-8,247,950
ishares msci poland etf	-2,689,380
oracle corp	-7,946,840
ishares msci israel etf	-2,401,740
welltower inc	-3,564,860
micron technology inc	-4,073,960
vaneck vietnam etf	-140,137
ishares msci spain etf	-213,724

MARVIN & PALMER ASSOCIATES INC got rid off the above stocks

Sector Distribution

MARVIN & PALMER ASSOCIATES INC has about 26.5% of it's holdings in Others sector.

Sector	%
Others	26.5
Financial Services	25.5
Technology	21
Industrials	9.7
Consumer Cyclical	6.4
Communication Services	6.1
Basic Materials	4.8

Market Cap. Distribution

MARVIN & PALMER ASSOCIATES INC has about 75.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	42.1
MEGA-CAP	33.8
UNALLOCATED	24

Stocks belong to which Index?

About 73.5% of the stocks held by MARVIN & PALMER ASSOCIATES INC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	73.5
Others	26.5

Top 5 Winners (%)		%
NEM	newmont corp	22.7 %
C	citigroup inc	14.5 %
PH	parker-hannifin corp	13.7 %
GS	goldman sachs group inc/the	11.2 %
GOOG	alphabet inc	10.1 %

Top 5 Winners ($)		$
NEM	newmont corp	1.3 M
C	citigroup inc	1.2 M
GS	goldman sachs group inc/the	1.0 M
GOOG	alphabet inc	0.8 M
MS	morgan stanley	0.7 M

Top 5 Losers (%)		%
	cameco corp	-10.5 %
NVDA	nvidia corp	-7.7 %
AVGO	broadcom inc	-5.7 %
EMGF	ishares msci japan etf	-3.1 %
APH	amphenol corp	-2.9 %

Top 5 Losers ($)		$
NVDA	nvidia corp	-0.9 M
AVGO	broadcom inc	-0.7 M
	cameco corp	-0.4 M
APH	amphenol corp	-0.1 M
EMGF	ishares msci japan etf	-0.1 M

MARVIN & PALMER ASSOCIATES INC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of MARVIN & PALMER ASSOCIATES INC

MARVIN & PALMER ASSOCIATES INC has 27 stocks in it's portfolio. About 59.2% of the portfolio is in top 10 stocks. NVDA proved to be the most loss making stock for the portfolio. NEM was the most profitable stock for MARVIN & PALMER ASSOCIATES INC last quarter.

Last Reported on: 11 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	4.62	24,048	6,537,690	new

ABC	cencora inc	2.41	10,092	3,408,570	reduced	-0.05

ACWV	ishares msci chile etf	0.80	28,220	1,140,090	new

ACWV	ishares msci israel etf	0.00	0.00	0.00	sold off	-100

ACWV	ishares msci spain etf	0.00	0.00	0.00	sold off	-100

AFK	vaneck vietnam etf	0.00	0.00	0.00	sold off	-100

AMPS	ishares msci poland etf	0.00	0.00	0.00	sold off	-100

AMZN	amazon.com inc	2.27	13,946	3,219,020	new

APH	amphenol corp	2.59	27,100	3,662,290	reduced	-7.54

AVGO	broadcom inc	6.45	26,376	9,128,730	reduced	-19.57

BAC	bank of america corp	2.69	69,206	3,806,330	added	6.47

BIL	spdr s&p biotech etf	2.32	26,940	3,284,790	new

C	citigroup inc	6.92	83,966	9,797,990	added	10.08

CAT	caterpillar inc	2.62	6,485	3,715,060	reduced	-7.79

EMGF	ishares msci japan etf	1.48	26,000	2,099,240	reduced	-7.8

GOOG	alphabet inc	6.09	27,527	8,615,950	added	23.95

GS	goldman sachs group inc/the	6.75	10,868	9,552,970	reduced	-2.78

IBKR	interactive brokers group inc	0.00	0.00	0.00	sold off	-100

IJR	ishares biotechnology etf	5.03	42,219	7,125,300	new

IJR	ishares core s&p small-cap etf	3.01	35,470	4,262,780	new