MARTEN TRANS LTD MRTN
COM · Common Stock · CUSIP 573075108
American trucking company
- SectorIndustrials
- IndustryTrucking (No Local)
- HeadquartersMondovi, WI
- Websitemarten.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.5m this quarter). Holder counts are more reliable. Shares outstanding: 81.3m as of 2023-07-24, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $21.49. Options: 3 managers hold calls ($10.8k notional), 4 hold puts ($4.5m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 204 |
| Q4 2022 | 210 |
| Q1 2023 | 205 |
| Q2 2023 | 196 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 91 | 105 |
| Q1 2023 | 83 | 110 |
| Q2 2023 | 71 | 115 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $229.0k | $14.4m | 62.89 |
| Q4 2022 | $4.0k | $314.5k | 79.50 |
| Q1 2023 | $27.2k | $1.3m | 49.52 |
| Q2 2023 | $10.8k | $4.5m | 414.80 |
Biggest buyers
| TimesSquare Capital Management, LLC | New | +663.4k |
| LONDON CO OF VIRGINIA | New | +630.2k |
| FIRST TRUST ADVISORS LP | Added | +516.2k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | New | +254.2k |
| MORGAN STANLEY | Added | +131.9k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +120.5k |
| AMERICAN CENTURY COMPANIES INC | Added | +65.0k |
| Allspring Global Investments Holdings, LLC | Added | +41.4k |
| State of New Jersey Common Pension Fund D | Added | +41.2k |
| NEXT CENTURY GROWTH INVESTORS LLC | Added | +39.8k |
Biggest sellers
| BlackRock Inc. | Reduced | -552.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -198.0k |
| FMR LLC | Reduced | -154.4k |
| STATE STREET CORP | Reduced | -137.0k |
| 12th Street Asset Management Company, LLC | Reduced | -111.3k |
| WINTON GROUP Ltd | Reduced | -83.1k |
| SCOPUS ASSET MANAGEMENT, L.P. | Sold out | -78.8k |
| VANGUARD GROUP INC | Reduced | -78.4k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -77.0k |
| Sowell Financial Services LLC | Reduced | -73.8k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $10.8k500 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| SIMPLEX TRADING, LLC | New | $0200 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.5m162.4k shares |
| CITADEL ADVISORS LLC | Added | $939.5k43.7k shares |
| GROUP ONE TRADING LLC | New | $27.9k1.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2026-01-21 | 6.0% |
Fell to 5% or below in the last year: NUANCE INVESTMENTS, LLC (4.9%, 2026-07-06), VANGUARD GROUP INC (4.9%, 2026-01-30)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $168.9k | — |
| Q1 2022 | 0 | — | 4 | $614.4k | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 1 | $236.5k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $106.9k | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 9.1m $195.6m | Reduced -552.2k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 5.8m $125.2m | Reduced -13.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.10% of their portfolio | 4.4m $95.3m | Reduced -7.4k |
| VANGUARD GROUP INC 0.00% of their portfolio | 4.2m $90.6m | Reduced -78.4k |
| GENEVA CAPITAL MANAGEMENT LLC 1.41% of their portfolio | 3.3m $71.5m | Reduced -10.4k |
| STATE STREET CORP 0.00% of their portfolio | 2.2m $46.8m | Reduced -137.0k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 1.7m $35.7m | Added +30.9k |
| LOOMIS SAYLES & CO L P 0.06% of their portfolio | 1.6m $34.8m | Reduced -15.0k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.2m $26.6m | Reduced -47.3k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $26.4m | Added +131.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.2m $25.8m | Added +31.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 974.6k $21.0m | Reduced -9.7k |
| Granite Investment Partners, LLC 0.80% of their portfolio | 935.9k $20.1m | Reduced -8.1k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 817.6k $17.6m | Added +7.2k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 802.1k $17.2m | Added +65.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 786.1k $16.9m | Added +120.5k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 741.4k $15.9m | Added +516.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 730.7k $15.7m | Reduced -21.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 726.4k $15.6m | Reduced -5.7k |
| TimesSquare Capital Management, LLC 0.20% of their portfolio | 663.4k $14.3m | New |
| LONDON CO OF VIRGINIA 0.08% of their portfolio | 630.2k $13.5m | New |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 490.1k $10.5m | Added +41.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 470.8k $10.1m | Reduced -67.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 465.0k $10.0m | Reduced -198.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 453.8k $9.8m | Reduced -5.0k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.88% of their portfolio | 427.1k $9.2m | Added +39.8k |
| GHP Investment Advisors, Inc. 0.49% of their portfolio | 365.9k $8.4m | Added +18.8k |
| Invesco Ltd. 0.00% of their portfolio | 359.1k $7.7m | Added +13.8k |
| NICHOLAS COMPANY, INC. 0.15% of their portfolio | 353.3k $7.6m | Added +40 |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 334.9k $7.2m | Reduced -26.9k |
| EAGLE ASSET MANAGEMENT INC 0.04% of their portfolio | 304.0k $6.5m | Added +39.6k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.04% of their portfolio | 254.2k $5.5m | New |
| PANAGORA ASSET MANAGEMENT INC 0.03% of their portfolio | 240.7k $5.2m | Reduced -4.8k |
| TD Asset Management Inc 0.01% of their portfolio | 226.6k $4.9m | Reduced -30.2k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 204.7k $4.4m | Reduced -12.7k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 203.5k $4.4m | Reduced -32.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 202.3k $4.3m | Added +951 |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 186.5k $4.0m | Added +16.5k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 165.5k $3.6m | Added +2.2k |
| Legal & General Group Plc 0.00% of their portfolio | 165.3k $3.6m | Added +18.4k |
| FMR LLC 0.00% of their portfolio | 154.3k $3.3m | Reduced -154.4k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.25% of their portfolio | 150.5k $3.2m | Reduced -25.0k |
| HEARTLAND ADVISORS INC 0.18% of their portfolio | 150.0k $3.2m | Unchanged |
| SEI INVESTMENTS CO 0.01% of their portfolio | 148.3k $3.2m | Added +5.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 145.1k $3.1m | Added +744 |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 139.0k $3.0m | Reduced -25.2k |
| Swiss National Bank 0.00% of their portfolio | 132.5k $2.8m | Reduced -7.5k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 118.0k $2.5m | Added +22.4k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 113.3k $2.4m | Added +41.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 112.8k $2.4m | Reduced -12.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 107.6k $2.3m | Reduced -48.7k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 102.4k $2.2m | Added +1.1k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 94.2k $2.0m | Added +20.6k |
| BARCLAYS PLC 0.00% of their portfolio | 83.4k $1.8m | Reduced -8.6k |
| 12th Street Asset Management Company, LLC 0.36% of their portfolio | 83.3k $1.8m | Reduced -111.3k |
| WINTON GROUP Ltd 0.14% of their portfolio | 79.4k $1.7m | Reduced -83.1k |
| SIT INVESTMENT ASSOCIATES INC 0.04% of their portfolio | 77.4k $1.7m | Unchanged |
| BARD ASSOCIATES INC 0.64% of their portfolio | 77.1k $1.7m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 76.2k $1.6m | Reduced -11.4k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 73.1k $1.6m | Reduced -1.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 72.9k $1.6m | Reduced -5.8k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 71.4k $1.5m | Added +15.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 70.8k $1.5m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 69.6k $1.5m | Added +28.3k |
| MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio | 67.7k $1.5m | Added +200 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 67.1k $1.4m | Added +2.9k |
| CITIGROUP INC 0.00% of their portfolio | 66.6k $1.4m | Added +25.1k |
| AVIVA PLC 0.01% of their portfolio | 65.4k $1.4m | Reduced -2.7k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 65.2k $1.4m | Added +4.2k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 62.8k $1.3m | Added +6.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 61.9k $1.3m | Added +774 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 60.4k $1.3m | Unchanged |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 55.2k $1.2m | Reduced -1.9k |
| Ausbil Investment Management Ltd 0.73% of their portfolio | 54.7k $1.2m | Reduced -6.3k |
| Nicholas Investment Partners, LP 0.08% of their portfolio | 54.0k $1.2m | Reduced -8.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 53.4k $1.1m | Reduced -15.9k |
| UBS Group AG 0.00% of their portfolio | 52.4k $1.1m | Added +17.0k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 51.8k $1.1m | Reduced -2.6k |
| COMERICA BANK 0.00% of their portfolio | 51.7k $0 | First filing |
| JENNISON ASSOCIATES LLC 0.00% of their portfolio | 51.5k $1.1m | Added +757 |
| Aurora Investment Counsel 0.71% of their portfolio | 51.5k $1.1m | Reduced -18.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 51.4k $1.1m | Reduced -38.2k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 51.0k $1.1m | Reduced -9.8k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 50.8k $1.1m | Reduced -866 |
| Advisors Asset Management, Inc. 0.02% of their portfolio | 47.0k $1.0m | Reduced -8.2k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 44.5k $955.8k | Added +32.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 44.3k $951.7k | Added +33.2k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 43.0k $923.6k | Reduced -10 |
| Allianz Asset Management GmbH 0.00% of their portfolio | 40.8k $876.7k | Reduced -9.6k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.03% of their portfolio | 38.5k $828.7k | Reduced -31.2k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 38.0k $815.0k | Reduced -1.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 36.8k $790.7k | Reduced -12.0k |
| STRS OHIO 0.00% of their portfolio | 35.7k $767.0k | Reduced -69.6k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 34.0k $731.6k | Reduced -1.6k |
| Campbell & CO Investment Adviser LLC 0.13% of their portfolio | 33.2k $714.7k | Added +9.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 33.2k $714.0k | Reduced -77.0k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 31.2k $670.4k | Reduced -612 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 30.5k $655.9k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 30.5k $654.9k | Added +1.9k |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 30.3k $651.5k | Added +3.5k |