Markston International 13F annual report

Markston International is an investment fund managing more than $99.1 million ran by Chris Mullarkey. There are currently 139 companies in Mr. Mullarkey’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $19.9 million.

Limited to 30 biggest holdings

$99.1 million Assets Under Management (AUM)

As of 14th January 2022, Markston International’s top holding is 59,081 shares of Apple Inc currently worth over $10.5 million and making up 10.6% of the portfolio value. Relative to the number of outstanding shares of Apple Inc, Markston International owns more than approximately 0.1% of the company. In addition, the fund holds 27,840 shares of Microsoft worth $9.36 million, whose value grew 7.2% in the past six months. The third-largest holding is Alphabet, Inc. Class A worth $6.08 million and the next is PayPal Inc worth $3.43 million, with 18,189 shares owned.

Currently, Markston International's portfolio is worth at least $99.1 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Markston International

The Markston International office and employees reside in White Plains, New York. According to the last 13-F report filed with the SEC, Chris Mullarkey serves as the Managing Member at Markston International.

Recent trades

In the most recent 13F filing, Markston International revealed that it had opened a new position in New Residential Investment and bought 1,000 shares worth $11 thousand. This means they effectively own approximately 0.1% of the company. New Residential Investment makes up 50.0% of the fund's Real Estate sector allocation and has grown its share price by 6.1% in the past year.

The investment fund also strengthened its position in Alibaba Group Holding-sp Adr by buying 225 additional shares. This makes their stake in Alibaba Group Holding-sp Adr total 12,333 shares worth $1.47 million.

On the other hand, there are companies that Markston International is getting rid of from its portfolio. Markston International closed its position in Mcdonald's Corp. on 21st January 2022. It sold the previously owned 980 shares for $236 thousand. Chris Mullarkey also disclosed a decreased stake in Apple Inc by 0.2%. This leaves the value of the investment at $10.5 million and 59,081 shares.

One of the smallest hedge funds

The two most similar investment funds to Markston International are Nucleo Capital Ltda and Yost Capital Management, L.P.. They manage $99.1 million and $98.9 million respectively.


Chris Mullarkey investment strategy

Markston International’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Finance — making up 16.7% of the total portfolio value. The fund focuses on investments in the United States as 56.8% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 42% of the total holdings value. On the other hand, small-cap stocks make up only 5.8% of the portfolio. The average market cap of the portfolio companies is close to $139 billion.

The complete list of Markston International trades based on 13F SEC filings

These positions were updated on January 21st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Apple Inc
15.40%
59,081
$10,491,000 10.59%
Microsoft Corporation
11.40%
27,840
$9,363,000 9.45%
Alphabet, Inc. Class A
0.66%
2,098
$6,078,000 6.13%
PayPal Holdings Inc
1.61%
18,189
$3,430,000 3.46%
Meta Platforms Inc
13.85%
9,712
$3,267,000 3.30%
Alphabet, Inc. Class C
No change
1,023
$2,960,000 2.99%
Walt Disney Co/the
17.80%
16,577
$2,568,000 2.59%
CVS Health Corp
10.58%
24,828
$2,561,000 2.59%
Lowe's Companies, Inc.
0.47%
8,826
$2,281,000 2.30%
Union Pacific Corp.
6.51%
9,048
$2,279,000 2.30%
JPMorgan Chase & Co.
15.60%
13,640
$2,160,000 2.18%
Bank of America Corporation
28.82%
46,427
$2,066,000 2.09%
Liberty Broadband Corp. - C
8.73%
12,817
$2,065,000 2.08%
Liberty Siriusxm Group Ser. C
14.89%
40,421
$2,055,000 2.07%
Raytheon Technologies Corporation
8.79%
22,204
$1,911,000 1.93%
Berkshire Hathaway, Inc. Class
19.28%
5,844
$1,747,000 1.76%
Comcast Corp Cl A
25.03%
33,456
$1,684,000 1.70%
Oracle Corp.
21.03%
18,445
$1,609,000 1.62%
Home Depot, Inc.
0.50%
3,803
$1,578,000 1.59%
American International Group Inc
26.80%
26,820
$1,525,000 1.54%
Abbvie Inc
17.76%
11,027
$1,493,000 1.51%
Alibaba Group Holding-sp Adr
1.86%
12,333
$1,465,000 1.48%
Boeing Co.
6.14%
7,046
$1,419,000 1.43%
Morgan Stanley
28.98%
13,768
$1,351,000 1.36%
Wells Fargo & Company
23.81%
27,146
$1,302,000 1.31%
Pepsico, Inc.
10.61%
7,011
$1,218,000 1.23%
Goldman Sachs Group, Inc.
30.05%
3,182
$1,217,000 1.23%
American Express Co.
26.59%
7,193
$1,177,000 1.19%
Medtronic Inc.
4.62%
11,285
$1,167,000 1.18%
Honeywell International Inc
0.41%
5,121
$1,068,000 1.08%
Tencent Holdings Ltd. - Uns Ad
0.49%
17,146
$1,000,000 1.01%
Visa Inc
0.37%
4,521
$980,000 0.99%
Travelers Companies Inc.
0.39%
5,871
$918,000 0.93%
Blackrock Inc.
0.75%
932
$853,000 0.86%
CSX Corp.
23.61%
22,244
$836,000 0.84%
Citigroup Inc
0.51%
12,915
$780,000 0.79%
TE Connectivity Ltd
0.42%
4,454
$719,000 0.73%
Merck & Co Inc
0.36%
9,349
$717,000 0.72%
Marathon Petroleum Corp
30.05%
11,090
$710,000 0.72%
Rockwell Automation Inc
0.40%
2,013
$702,000 0.71%
AT&T Inc.
25.29%
28,307
$696,000 0.70%
Unitedhealth Group Inc
No change
1,288
$647,000 0.65%
Abbott Laboratories
0.20%
4,583
$645,000 0.65%
Johnson & Johnson
22.50%
3,217
$550,000 0.56%
Automatic Data Processing Inc.
0.41%
2,202
$543,000 0.55%
Booking Holdings Inc
20.59%
216
$518,000 0.52%
Chubb Ltd
0.41%
2,414
$467,000 0.47%
Liberty Siriusxm Group Ser. A
0.42%
9,178
$467,000 0.47%
U.s. Bancorp
32.05%
7,960
$447,000 0.45%
Madison Square Garden Sports C
5.20%
2,463
$428,000 0.43%
Walgreens Boots Alliance Inc
25.93%
7,146
$373,000 0.38%
Pfizer Inc.
10.96%
6,225
$368,000 0.37%
Discover Financial Services, I
0.28%
3,183
$368,000 0.37%
Enbridge Inc
0.44%
9,051
$354,000 0.36%
Liberty Broadband Corp. - A
3.85%
2,197
$353,000 0.36%
Conocophillips
25.20%
4,761
$344,000 0.35%
DuPont de Nemours Inc
0.49%
4,042
$327,000 0.33%
Liberty Formula One - C
0.35%
5,119
$324,000 0.33%
EBay Inc.
0.40%
4,768
$317,000 0.32%
Philip Morris International, I
0.39%
3,306
$314,000 0.32%
Fox Corp. Cl. A
22.17%
8,129
$300,000 0.30%
Ishares Russell Midcap Index
No change
3,600
$299,000 0.30%
Procter & Gamble Co.
36.43%
1,750
$286,000 0.29%
Mondelez International Inc.
0.39%
4,289
$284,000 0.29%
Jacobs Engineering Grp, Inc.
0.41%
1,920
$267,000 0.27%
Phillips 66
25.78%
3,664
$265,000 0.27%
Trip.com Group Ltd
0.40%
10,196
$251,000 0.25%
Mcdonald's Corp.
Closed
980
$236,000
Caterpillar Inc.
0.44%
1,137
$235,000 0.24%
Bank Of New York Mellon Corpor
7.49%
3,888
$226,000 0.23%
Schlumberger Limited
0.47%
7,424
$222,000 0.22%
Carrier Global Corporation
31.68%
3,935
$213,000 0.21%
Texas Instruments Inc.
0.35%
1,123
$212,000 0.21%
Bristol-Myers Squibb Co.
0.43%
3,263
$203,000 0.20%
Dow Inc
0.28%
3,247
$184,000 0.19%
Madison Square Garden Entertai
7.42%
2,494
$175,000 0.18%
White Mountains Insurance Grou
No change
170
$172,000 0.17%
International Flavors & Fragra
0.48%
1,046
$158,000 0.16%
Liberty Global plc
0.72%
4,992
$138,000 0.14%
Grayscale Bitcoin Trust Btc
No change
3,525
$121,000 0.12%
Interactive Brokers Group Inc
No change
1,400
$111,000 0.11%
Otis Worldwide Corporation
38.54%
1,274
$111,000 0.11%
Hexcel Corp.
No change
1,750
$91,000 0.09%
Microstrategy Inc.
No change
155
$84,000 0.08%
Verisign Inc.
No change
300
$76,000 0.08%
SS&C Technologies Holdings Inc
No change
900
$74,000 0.07%
On Assignment Inc.
4.17%
575
$71,000 0.07%
Coca-cola Company (the)
Closed
1,053
$55,000
Aes Corporation (the)
No change
2,000
$49,000 0.05%
Live Nation Entertainment Inc
No change
400
$48,000 0.05%
Verizon Communications Inc
Closed
782
$42,000
Healthpeak Properties Inc
Closed
1,200
$40,000
Aercap Holdings Nv
No change
600
$39,000 0.04%
UDR Inc
Closed
648
$34,000
Marriott International,inc. Cl
64.29%
200
$33,000 0.03%
Wynn Resorts Ltd.
No change
390
$33,000 0.03%
Vail Resorts Inc.
No change
85
$28,000 0.03%
Alleghany Corp.
No change
40
$27,000 0.03%
Charles Schwab Corp.
No change
325
$27,000 0.03%
WestRock Co
No change
553
$25,000 0.03%
ICU Medical, Inc.
No change
100
$24,000 0.02%
Viacomcbs Inc. - Cls B
0.67%
738
$22,000 0.02%
TravelCenters of America Inc
No change
340
$18,000 0.02%
DTE Energy Co.
No change
140
$17,000 0.02%
AMC Networks Inc
Closed
375
$17,000
Aerojet Rocketdyne Holdings, I
No change
350
$16,000 0.02%
National Fuel Gas Co.
No change
250
$16,000 0.02%
Oneok Inc.
No change
250
$15,000 0.02%
Etsy Inc
No change
70
$15,000 0.02%
Liberty Formula One - A
No change
237
$14,000 0.01%
Spdr Gold Minishares Trust Etf
No change
725
$13,000 0.01%
Organon & Co.
3.79%
432
$13,000 0.01%
New Residential Investment Corp.
Opened
1,000
$11,000 0.01%
Lions Gate Entertainment-b
No change
644
$10,000 0.01%
Ishares Us Preferred Stock Etf
No change
200
$8,000 0.01%
Box,inc Cls. A
10.00%
315
$8,000 0.01%
Hostess Brands, Inc.
20.00%
400
$8,000 0.01%
Ingevity Corp
No change
92
$7,000 0.01%
Black Hills Corporation
No change
105
$7,000 0.01%
DXC Technology Co
No change
200
$6,000 0.01%
FRP Holdings Inc
No change
100
$6,000 0.01%
Lumen Technologies, Inc.
No change
450
$6,000 0.01%
Osprey Bitcoin Trust
No change
500
$6,000 0.01%
Annaly Capital Management Inc
36.36%
700
$5,000 0.01%
Liberty Braves Group Ser. C
No change
190
$5,000 0.01%
NN Inc
No change
1,000
$4,000 0.00%
Alliance Data System Corporati
No change
63
$4,000 0.00%
Keurig Dr. Pepper, Inc.
No change
100
$4,000 0.00%
Marriott Vacations Worldwide Corp
59.62%
21
$4,000 0.00%
Dt Midstream, Inc.
No change
70
$3,000 0.00%
Liberty Braves Group Ser. A
No change
95
$3,000 0.00%
Carrols Restaurant Group Inc.
52.63%
900
$3,000 0.00%
Marathon Digital Holdings Inc
Opened
80
$3,000 0.00%
Universal Display Corp.
No change
10
$2,000 0.00%
Acco Brands Corporation
No change
234
$2,000 0.00%
Qurate Retail,inc Qtrly Prf 8.
No change
19
$2,000 0.00%
Viatris Inc.
Closed
92
$1,000
Sabre Corp
Closed
70
$1,000
Wesco International, Inc.
No change
11
$1,000 0.00%
Ii-Vi Inc.
No change
15
$1,000 0.00%
Wesco International,inc. 10 5/
No change
31
$1,000 0.00%
Drive Shack Inc
50.00%
200
$0 0.00%
Patriot Transportation Holding, Inc.
No change
33
$0 0.00%
Crimson Wine Group, Ltd.
No change
40
$0 0.00%
Putnam High Income Securities
No change
1,000
$0 0.00%
Actua Corporation
No change
1,500
$0 0.00%
Akorn, Inc.
No change
500
$0 0.00%
No transactions found
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