President

0001606587-21-001630.txt : 20211115 0001606587-21-001630.hdr.sgml : 20211115 20211115152657 ACCESSION NUMBER: 0001606587-21-001630 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210930 FILED AS OF DATE: 20211115 DATE AS OF CHANGE: 20211115 EFFECTIVENESS DATE: 20211115 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: 211409653 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 13F-HR LIVE false true false 0001213206 XXXXXXXX 09-30-2021 09-30-2021 false Marathon Capital Management

4 North Park Drive Suite 106 Hunt Valley MD 21030-1806

13F HOLDINGS REPORT 028-12098 N James Gordon Kennedy President 410-329-1522 James Gordon Kennedy Hunt Valley MD 11-15-2021 0 224 440502 false INFORMATION TABLE 2 form13InfoTable.xml DESCRIPTION FOR INFORMATION TABLE 3M Company COM 88579Y101 254 1442 SH SOLE NONE 842 0 600 ABB Limited SPONSORED ADR 000375204 4130 123800 SH SOLE NONE 103954 0 19846 Abbott Laboratories COM 002824100 666 5629 SH SOLE NONE 3879 0 1750 Abbvie Inc COM 00287Y109 3227 29915 SH SOLE NONE 21984 0 7931 Abiomed Inc COM 003654100 245 750 SH SOLE NONE 750 0 0 Accuray Inc COM 004397105 435 110000 SH SOLE NONE 110000 0 0 Activision Blizzard Inc COM 00507V109 265 3416 SH SOLE NONE 3416 0 0 Adobe Systems Inc COM 00724F101 270 468 SH SOLE NONE 468 0 0 Advanced Micro Devices COM 007903107 793 7700 SH SOLE NONE 0 0 7700 Aegon Nv Ord Reg Amer NY REGISTRY SHS 007924103 1125 220954 SH SOLE NONE 189700 0 31254 Agilent Technologies Inc COM 00846U101 468 2970 SH SOLE NONE 2970 0 0 Agrify Corp COM 00853E107 2134 115075 SH SOLE NONE 97625 0 17450 Alaska Air Group Inc COM 011659109 238 4050 SH SOLE NONE 600 0 3450 Allison Transmission COM 01973R101 3945 111680 SH SOLE NONE 94790 0 16890 Allstate Corporation COM 020002101 596 4679 SH SOLE NONE 4679 0 0 Alphabet Inc. Class A CAP STK CL A 02079K305 2067 773 SH SOLE NONE 658 0 115 Alphabet Inc. Class C CAP STK CL C 02079K107 2226 835 SH SOLE NONE 770 0 65 Amazon Com Inc COM 023135106 3341 1017 SH SOLE NONE 847 0 170 Amdocs Limited SHS G02602103 254 3343 SH SOLE NONE 3343 0 0 American Water Works Inc COM 030420103 288 1700 SH SOLE NONE 0 0 1700 Amgen Incorporated COM 031162100 351 1646 SH SOLE NONE 1635 0 11 Amn Healthcare Srvcs COM 001744101 325 2831 SH SOLE NONE 2831 0 0 Analog Devices Inc COM 032654105 221 1316 SH SOLE NONE 1316 0 0 Ani Pharmaceuticals COM 00182C103 2436 74195 SH SOLE NONE 73895 0 300 Ansys Inc COM 03662Q105 370 1086 SH SOLE NONE 1086 0 0 Antero Resources Cor COM 03674X106 753 40000 SH SOLE NONE 40000 0 0 Apple Computer Inc COM 037833100 8042 56831 SH SOLE NONE 27499 0 29332 Applied Materials Inc COM 038222105 231 1794 SH SOLE NONE 1294 0 500 Aqua Metals Inc COM 03837J101 32 15000 SH SOLE NONE 15000 0 0 Arcosa Inc COM 039653100 2298 45785 SH SOLE NONE 44845 0 940 Ares Capital Corp COM 04010L103 3389 166660 SH SOLE NONE 132560 0 34100 Asml Hldgs Nv N Y REGISTRY SHS N07059210 395 530 SH SOLE NONE 436 0 94 Aspen Technology Inc COM 045327103 275 2232 SH SOLE NONE 2232 0 0 Atlas Air Worldwide Hldg COM NEW 049164205 3972 48620 SH SOLE NONE 38545 0 10075 Avid Technology Inc COM 05367P100 6218 214975 SH SOLE NONE 189125 0 25850 Ball Corp Com Npv COM 058498106 279 3100 SH SOLE NONE 0 0 3100 Bank Montreal Quebec COM 063671101 717 7180 SH SOLE NONE 2250 0 4930 Bank Of America Corp COM 060505104 378 8883 SH SOLE NONE 7021 0 1862 Bank Of New York Co Inc COM 064058100 602 11602 SH SOLE NONE 10252 0 1350 Bank Of Nova Scotia COM 064149107 446 7245 SH SOLE NONE 3075 0 4170 Barrick Gold Corp Com Npv Isin COM 067901108 278 198275 SH SOLE NONE 182925 0 15350 Bed Bath & Beyond COM 075896100 329 19000 SH SOLE NONE 19000 0 0 Berkshire Hathaway Cl B CL B NEW 084670702 3123 11442 SH SOLE NONE 3553 0 7889 Blackrock Inc COM 09247X101 243 289 SH SOLE NONE 289 0 0 Blue Bird Corp COM 095306106 2077 99541 SH SOLE NONE 86041 0 13500 Blueprint Medicines Corp COM 09627Y109 292 2839 SH SOLE NONE 2839 0 0 BP Plc Adr SPONSORED ADR 055622104 474 17316 SH SOLE NONE 16066 0 1250 Brighthouse Financia COM 10922N103 366 8086 SH SOLE NONE 8011 0 75 Bristol-Myers Squibb Co COM 110122108 5442 91970 SH SOLE NONE 74358 0 17612 C R H Plc Sponsored Adrf ADR 12626K203 288 6149 SH SOLE NONE 4966 0 1183 C S X Corp COM 126408103 667 22418 SH SOLE NONE 13077 0 9341 C V S Corp Del COM 126650100 4488 52885 SH SOLE NONE 48760 0 4125 Capital One Financial Cp COM 14040H105 285 1759 SH SOLE NONE 525 0 1234 Catalent Inc COM 148806102 315 2362 SH SOLE NONE 2362 0 0 Ceco Environmental COM 125141101 1114 158225 SH SOLE NONE 125225 0 33000 Cerus Corp COM 157085101 174 28500 SH SOLE NONE 28500 0 0 Chemours Company COM 163851108 234 8032 SH SOLE NONE 8000 0 32 Chevrontexaco Corp COM 166764100 2640 26015 SH SOLE NONE 14940 0 11075 Cincinnati Finl COM 172062101 785 6865 SH SOLE NONE 2000 0 4865 Cisco Systems Inc COM 17275R102 354 6500 SH SOLE NONE 4111 0 2389 Coca Cola Company COM 191216100 833 15859 SH SOLE NONE 9193 0 6666 Comcast Corp Class A CL A 20030N101 542 9677 SH SOLE NONE 9677 0 0 Comscore Inc COM 20564W105 2303 590350 SH SOLE NONE 572350 0 18000 Conduent Inc Com COM 206787103 2462 373525 SH SOLE NONE 354275 0 19250 Conocophillips COM 20825C104 650 9582 SH SOLE NONE 5182 0 4400 Cooper Companies New COM NEW 216648402 301 727 SH SOLE NONE 727 0 0 Copart Inc COM 217204106 284 2044 SH SOLE NONE 2044 0 0 Corning Inc COM 219350105 5362 146934 SH SOLE NONE 124534 0 22400 Corteva Inc COM 22052L104 928 22043 SH SOLE NONE 20913 0 1130 Costco Whsl Corp New COM 22160K105 474 1053 SH SOLE NONE 953 0 100 Covanta Holding Corp COM 22282E102 723 35930 SH SOLE NONE 31805 0 4125 Cryoport Inc COM PAR $0.001 229050307 2287 34380 SH SOLE NONE 33930 0 450 Danaher Corp Del COM 235851102 1003 3294 SH SOLE NONE 2694 0 600 Daseke Inc COM 23753F107 95 10350 SH SOLE NONE 7100 0 3250 Discover Financial Svcs COM 254709108 4875 39680 SH SOLE NONE 36250 0 3430 Disney Walt Hldg Co COM 254687106 576 3399 SH SOLE NONE 2396 0 1003 Duke Energy Corporation COM NEW 26441C204 427 4370 SH SOLE NONE 3470 0 900 Emerson Electric Co COM 291011104 302 3197 SH SOLE NONE 2847 0 350 Enbridge Inc COM 29250N105 398 9998 SH SOLE NONE 9998 0 0 Endo Intl Plc SHS G30401106 211 65000 SH SOLE NONE 65000 0 0 Enel Chile S A SPONSORED ADR 29278D105 55 22800 SH SOLE NONE 22800 0 0 Enphase Energy Inc COM 29355A107 8768 58465 SH SOLE NONE 50345 0 8120 Enviva Partners Lp Lp COM UNIT 29414J107 541 10000 SH SOLE NONE 10000 0 0 Epam Systems Inc COM 29414B104 420 736 SH SOLE NONE 736 0 0 Euronav Nv SHS B38564108 1691 173210 SH SOLE NONE 150210 0 23000 Evolv Technologies Hldgs COM CL A 30049H102 776 129210 SH SOLE NONE 127910 0 1300 Exone Company COM 302104104 234 10000 SH SOLE NONE 10000 0 0 Exxon Mobil Corporation COM 30231G102 966 16419 SH SOLE NONE 5898 0 10521 Facebook Inc Class A CL A 30303M102 1516 4464 SH SOLE NONE 4364 0 100 First Horizon Corp COM 320517105 3696 226850 SH SOLE NONE 201625 0 25225 First Solar Inc COM 336433107 282 2950 SH SOLE NONE 2950 0 0 Frontline Ltd SHS NEW G3682E192 415 44250 SH SOLE NONE 44250 0 0 Glaxosmithkline Plc Adrf SPONSORED ADR 37733W105 4047 105901 SH SOLE NONE 96751 0 9150 Global Payments Inc COM 37940X102 311 1971 SH SOLE NONE 1735 0 236 Greenlane Holdings Inc CL A 395330103 27 11000 SH SOLE NONE 11000 0 0 Growgeneration Corp COM 39986L109 2731 110700 SH SOLE NONE 98250 0 12450 Halliburton Co Hldg Co COM 406216101 236 10877 SH SOLE NONE 10877 0 0 Halozyme Therapeutics COM 40637H109 365 8952 SH SOLE NONE 8952 0 0 Hecla Mining Company COM 422704106 69 12500 SH SOLE NONE 12500 0 0 Henry Jack & Assoc Inc COM 426281101 285 1737 SH SOLE NONE 1737 0 0 Hexcel Corp New COM 428291108 325 5471 SH SOLE NONE 5471 0 0 Home Depot Inc COM 437076102 577 1756 SH SOLE NONE 296 0 1460 Honeywell International COM 438516106 1850 8712 SH SOLE NONE 2304 0 6408 Hudson Technologies Inc COM 444144109 1134 321000 SH SOLE NONE 308500 0 12500 I C F International COM 44925C103 276 3081 SH SOLE NONE 3081 0 0 Identive Inc COM NEW 45170X205 5158 273750 SH SOLE NONE 272500 0 1250 Illumina Inc COM 452327109 1269 3127 SH SOLE NONE 3022 0 105 Infosys Tech Spon Adr SPONSORED ADR 456788108 273 12256 SH SOLE NONE 9956 0 2300 Intl Business Machines COM 459200101 6362 45792 SH SOLE NONE 39889 0 5903 Intuit Inc COM 461202103 823 1525 SH SOLE NONE 1525 0 0 Iqvia Holdings Inc COM 46266C105 341 1423 SH SOLE NONE 1423 0 0 Ishares Preferred Income PFD AND INCM SEC 464288687 275 7075 SH SOLE NONE 2800 0 4275 Ishares Silver TRUST ISHARES 46428Q109 366 17800 SH SOLE NONE 4600 0 13200 Ishares Tr Nasdaq Biotech ISHARES BIOTECH 464287556 698 4315 SH SOLE NONE 0 0 4315 J P Morgan Chase & Co COM 46625H100 786 4798 SH SOLE NONE 3623 0 1175 Jd Common Inc SPON ADR CL A 47215P106 210 2897 SH SOLE NONE 2897 0 0 Johnson & Johnson COM 478160104 4404 27264 SH SOLE NONE 20672 0 6592 Keysight Technologies COM 49338L103 400 2434 SH SOLE NONE 2434 0 0 Knowles Corporation COM 49926D109 238 12700 SH SOLE NONE 12200 0 500 Kornit Digital Ltd. SHS M6372Q113 4606 31820 SH SOLE NONE 30570 0 1250 L3harris Technologies In COM 502431109 295 1337 SH SOLE NONE 1337 0 0 Lattice Semiconductor Cp COM 518415104 967 14949 SH SOLE NONE 14949 0 0 Liberty Media Corp COM A SIRIUSXM 531229409 284 6000 SH SOLE NONE 6000 0 0 Lilly Eli & Company COM 532457108 853 3688 SH SOLE NONE 1338 0 2350 Limelight Networks COM 53261M104 105 44500 SH SOLE NONE 44500 0 0 Lockheed Martin Corp COM 539830109 367 1061 SH SOLE NONE 396 0 665 Lowes Companies Inc COM 548661107 803 3956 SH SOLE NONE 3956 0 0 M D C Holding Inc COM 552676108 2946 63043 SH SOLE NONE 50952 0 12091 Magnolia Oil & Gas Corp CL A 559663109 504 28300 SH SOLE NONE 28300 0 0 Marathon Oil Corp COM 565849106 156 11350 SH SOLE NONE 2850 0 8500 Marathon Pete Corp COM 56585A102 1990 32195 SH SOLE NONE 30445 0 1750 Martin Marietta Matrls COM 573284106 228 665 SH SOLE NONE 0 0 665 Mastercard Inc CL A 57636Q104 218 627 SH SOLE NONE 527 0 100 Maxar Technologies Inc COM 57778K105 680 24000 SH SOLE NONE 24000 0 0 Mc Donalds Corp COM 580135101 496 2055 SH SOLE NONE 1555 0 500 Merck & Co Inc COM 58933Y105 3717 49475 SH SOLE NONE 37442 0 12033 Metlife Inc COM 59156R108 6570 106423 SH SOLE NONE 92723 0 13700 Mettler Toledo Intl Incf COM 592688105 293 212 SH SOLE NONE 212 0 0 Micron Technology Inc COM 595112103 521 7327 SH SOLE NONE 7327 0 0 Microsoft Corp COM 594918104 6916 24529 SH SOLE NONE 21302 0 3227 Mks Instruments Inc COM 55306N104 236 1560 SH SOLE NONE 1560 0 0 Monolithic Power Sys COM 609839105 315 649 SH SOLE NONE 649 0 0 Morgan Stanley COM NEW 617446448 350 3587 SH SOLE NONE 3587 0 0 Motley Fool 100 Index MOTLEY FOL ETF 74933W601 253 6325 SH SOLE NONE 6325 0 0 Myovant Sciences Ltd COM G637AM102 277 12330 SH SOLE NONE 12330 0 0 NextEra Enery COM 65339F101 334 4250 SH SOLE NONE 1550 0 2700 Nike Inc Class B CL B 654106103 272 1869 SH SOLE NONE 1869 0 0 Nokia Corp Spon Adr SPONSORED ADR 654902204 1178 215976 SH SOLE NONE 181605 0 34371 Norfolk Southern Corp COM 655844108 260 1086 SH SOLE NONE 1076 0 10 Nvidia Corp COM 67066G104 1045 5043 SH SOLE NONE 5043 0 0 Nxp Semiconductors Nv COM N6596X109 237 1205 SH SOLE NONE 1205 0 0 Old Republic Intl Corp COM 680223104 201 8684 SH SOLE NONE 8684 0 0 Omnicell Inc COM 68213N109 330 2223 SH SOLE NONE 2223 0 0 Oneok Inc New COM 682680103 303 5225 SH SOLE NONE 5225 0 0 Open Lending Corp COM CL A 68373J104 2699 74825 SH SOLE NONE 68050 0 6775 Oracle Corporation COM 68389X105 413 4736 SH SOLE NONE 1036 0 3700 Organigram Holdings COM 68620P101 23 10000 SH SOLE NONE 10000 0 0 Organon & Co COMMON STOCK 68622V106 251 7633 SH SOLE NONE 6303 0 1330 Palo Alto Networks Inc COM 697435105 288 600 SH SOLE NONE 600 0 0 Paypal Holdings Inco COM 70450Y103 1146 4403 SH SOLE NONE 1773 0 2630 Pepsico Incorporated COM 713448108 978 6497 SH SOLE NONE 3505 0 2992 Pfizer Incorporated COM 717081103 684 15885 SH SOLE NONE 10679 0 5206 Philip Morris Intl Inc COM 718172109 265 2788 SH SOLE NONE 788 0 2000 Phillips COM 718546104 2332 33295 SH SOLE NONE 25685 0 7610 Photronics Inc COM 719405102 1363 99992 SH SOLE NONE 99492 0 500 Physicians Realty Tr COM 71943U104 1576 89435 SH SOLE NONE 75625 0 13810 Pitney Bowes Inc COM 724479100 433 60000 SH SOLE NONE 60000 0 0 Pnc Finl Services Gp Inc COM 693475105 806 4118 SH SOLE NONE 952 0 3166 Procter & Gamble Co COM 742718109 1755 12553 SH SOLE NONE 10346 0 2207 Progyny Inc COM 74340E103 2270 40525 SH SOLE NONE 37085 0 3440 Prologis Inc COM 74340W103 695 5533 SH SOLE NONE 5533 0 0 Qualcomm Inc COM 747525103 4658 36107 SH SOLE NONE 35037 0 1070 Qualys Inc COM 74758T303 284 2544 SH SOLE NONE 2544 0 0 Quanterix Corp COM 74766Q101 4588 92145 SH SOLE NONE 80760 0 11385 Quantum Cp Dlt & Sto COM NEW 747906501 1346 259675 SH SOLE NONE 258175 0 1500 R B C Bearings Inc COM 75524B104 347 1633 SH SOLE NONE 1633 0 0 Roku Inc Cl A COM CL A 77543R102 483 1540 SH SOLE NONE 1540 0 0 Royal Gold Inc COM 780287108 212 2212 SH SOLE NONE 2212 0 0 S & P Global Inc COM 78409V104 358 842 SH SOLE NONE 842 0 0 S C P Pool Corp COM 73278L105 393 904 SH SOLE NONE 904 0 0 Salesforce Com COM 79466L302 212 781 SH SOLE NONE 706 0 75 Sandstorm Gold Ltd COM NEW 80013R206 58 10000 SH SOLE NONE 10000 0 0 Sanmina Sci Corp New COM 801056102 290 7500 SH SOLE NONE 7500 0 0 Sapiens Interntnl Corp SHS G7T16G103 274 9519 SH SOLE NONE 9519 0 0 Schlumberger Ltd COM STK 806857108 605 20390 SH SOLE NONE 17690 0 2700 Service Now Inc COM 81762P102 302 484 SH SOLE NONE 484 0 0 Shopify Inc CL A 82509L107 204 150 SH SOLE NONE 150 0 0 Shyft Group Inc COM 825698103 3597 94630 SH SOLE NONE 92830 0 1800 Signet Jewelers Ltd SHS G81276100 790 10000 SH SOLE NONE 10000 0 0 Skyworks Solutions Inc COM 83088M102 253 1530 SH SOLE NONE 1530 0 0 Spdr S & P Intl Dividend S&P INTL ETF 78463X772 449 11800 SH SOLE NONE 11800 0 0 Starbucks Corp COM 855244109 866 7842 SH SOLE NONE 1552 0 6290 Stereotaxis Inc COM NEW 85916J409 798 148250 SH SOLE NONE 113250 0 35000 Store Capital Corp COM 862121100 685 21355 SH SOLE NONE 10950 0 10405 Stryker Corp COM 863667101 368 1393 SH SOLE NONE 593 0 800 T P I Composites Inc COM 87266J104 3528 104530 SH SOLE NONE 86905 0 17625 T Rowe Price Group Inc COM 74144T108 171867 873750 SH SOLE NONE 864864 0 8886 Taiwan Semiconductr Adrf SPONSORED ADS 874039100 349 3123 SH SOLE NONE 2504 0 619 Targa Resources Corp COM 87612G101 1795 36460 SH SOLE NONE 35460 0 1000 Target Corporation COM 87612E106 338 1476 SH SOLE NONE 376 0 1100 Taylor Morrison Home COM 87724P106 377 14611 SH SOLE NONE 14611 0 0 Teladoc Inc COM 87918A105 218 1714 SH SOLE NONE 1714 0 0 Tesla Motors Inc COM 88160R101 387 500 SH SOLE NONE 500 0 0 Tetra Technologies COM 88162F105 5289 1695185 SH SOLE NONE 1545185 0 150000 Teva Pharm Inds Ltd Adrf SPONSORED ADS 881624209 205 21000 SH SOLE NONE 21000 0 0 The Trade Desk Inc COM CL A 88339J105 486 6900 SH SOLE NONE 6900 0 0 Thermo Electron Corp COM 883556102 715 1250 SH SOLE NONE 200 0 1050 Tiptree Inc COM 88822Q103 136 13500 SH SOLE NONE 13500 0 0 Tucows Inc COM NEW 898697206 316 4000 SH SOLE NONE 4000 0 0 Tutor Perini Corp COM 901109108 2461 189580 SH SOLE NONE 164580 0 25000 U.S. Bancorp COM NEW 902973304 2956 49727 SH SOLE NONE 34002 0 15725 Unitedhealth Group Inc COM 91324P102 329 841 SH SOLE NONE 841 0 0 Verizon Communications COM 92343V104 810 14978 SH SOLE NONE 5062 0 9916 Verra Mobility Corp COM 92511U102 292 19335 SH SOLE NONE 19335 0 0 Visa Inc. COM CL A 92826C839 871 3907 SH SOLE NONE 3707 0 200 Wells Fargo & Co New COM 949746101 216 4634 SH SOLE NONE 4034 0 600 Westport Innovations New COM NEW 960908309 311 94250 SH SOLE NONE 94250 0 0 Weyerhaeuser Co COM NEW 962166104 2170 60998 SH SOLE NONE 59298 0 1700 Willis Towers Watson SHS G96629103 859 3693 SH SOLE NONE 3533 0 160 Yeti Holdings Incorporat COM 98585X104 201 2340 SH SOLE NONE 1940 0 400 Zebra Technologies CL A 989207105 327 633 SH SOLE NONE 633 0 0 Zoetis Inc CL A 98978V103 363 1865 SH SOLE NONE 1865 0 0 Zscaler Inc COM 98980G102 580 2210 SH SOLE NONE 2210 0 0 Zymeworks Inc COM 98985W102 1350 46465 SH SOLE NONE 40465 0 6000