Square Wave Capital, LLC: MARRIOTT INTL INC NEW (MAR): Quarterly 13F Position History
As of Q1 2026, Square Wave Capital, LLC reported 214,240 shares of MARRIOTT INTL INC NEW (MAR), worth $70.1M and representing 17.0% of its 13F equity book. Quarter-over-quarter share count change: 4,860 (-2.2%) . The position first appeared in Q3 2025 and has been disclosed across 3 13F-HR filings in Pactolio's tracked window.
- 214,240Shares Held (Latest Filing)
- $70.1MReported Market Value (Latest Filing)
- 17.0%Portfolio Weight (% of 13F Equity Book)
- 4,860Quarter-over-Quarter Share Change
- +$2.1MQuarter-over-Quarter Value Change
- 219,100Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 3 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 214,240 | 4,860 | -2.2% | $70.1M | 17.0% | $327.1 |
| Q4 2025 | 219,100 | +62,000 | +39.5% | $68.0M | 15.8% | $310.2 |
| Q3 2025 | 157,100 | — | — | $40.9M | 15.0% | $260.4 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Square Wave Capital, LLC first disclose a MAR position in 13F-HR filings?
Square Wave Capital, LLC first reported MARRIOTT INTL INC NEW (MAR) on its 13F-HR filing for the period ending 2025-09-30 (Q3 2025). The position has appeared on 3 reported quarters within Pactolio's tracked window.
What was Square Wave Capital, LLC's most recent quarter-over-quarter share-count change in MAR?
Between Q4 2025 and Q1 2026, Square Wave Capital, LLC reduced its MAR position by 4,860 shares (-2.2%), leaving 214,240 shares at a market value of $70.1M.
Does the implied price-per-share represent Square Wave Capital, LLC's cost basis in MAR?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.