Mariner, LLC

Mariner held $85.7B across a very broad 5,619-position book, blending megacaps (NVIDIA 5.3%, Apple 5.2%, Microsoft 2.5%) with core ETFs — iShares Core S&P 500 (IVV), Vanguard Developed Markets (VEA) and the Aggregate Bond ETF (AGG). The Q1 posture was constructive, with 36 positions increased against just 9 trimmed. The firm added developed-international (VEA, +$217M) and Corning (+$176M), while trimming Microsoft (-$458M), Apple (-$204M), NVIDIA (-$188M), Broadcom and Meta. New positions in QQQ, Chevron, NextEra Energy and Palantir; exits in AbbVie, ServiceNow and Nasdaq. Assets rose from $84.0B to $85.7B.