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 ($1.3m this quarter). Holder counts are more reliable. Shares outstanding: 81.4m as of 2024-07-25, 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 ≈ $18.45. Options: 3 managers hold calls ($15.8k notional), 6 hold puts ($6.7m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 204 |
| Q4 2022 | 210 |
| Q1 2023 | 205 |
| Q2 2023 | 196 |
| Q3 2023 | 194 |
| Q4 2023 | 190 |
| Q1 2024 | 202 |
| Q2 2024 | 191 |
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 |
| Q3 2023 | 80 | 108 |
| Q4 2023 | 65 | 110 |
| Q1 2024 | 92 | 87 |
| Q2 2024 | 98 | 97 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.3m | $5.9m | 4.43 |
| Q4 2023 | $258.1k | $65.0k | 0.25 |
| Q1 2024 | $11.1k | $1.2m | 107.17 |
| Q2 2024 | $15.8k | $6.7m | 427.74 |
Biggest buyers
| NUANCE INVESTMENTS, LLC | Added | +1.0m |
| SCOPUS ASSET MANAGEMENT, L.P. | Added | +735.7k |
| GOLDMAN SACHS GROUP INC | Added | +366.4k |
| LONDON CO OF VIRGINIA | Added | +319.0k |
| DEPRINCE RACE & ZOLLO INC | New | +289.1k |
| Russell Investments Group, Ltd. | Added | +265.8k |
| SG Capital Management LLC | Added | +239.9k |
| FIRST TRUST ADVISORS LP | Added | +172.4k |
| ExodusPoint Capital Management, LP | Added | +169.1k |
| D. E. Shaw & Co., Inc. | Added | +163.1k |
Biggest sellers
| MORGAN STANLEY | Reduced | -2.2m |
| LOOMIS SAYLES & CO L P | Sold out | -914.9k |
| TimesSquare Capital Management, LLC | Sold out | -611.9k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -429.3k |
| Allspring Global Investments Holdings, LLC | Reduced | -387.8k |
| BlackRock Inc. | Reduced | -314.6k |
| EAGLE ASSET MANAGEMENT INC | Sold out | -282.2k |
| DEUTSCHE BANK AG\ | Reduced | -274.9k |
| AMERIPRISE FINANCIAL INC | Reduced | -153.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -126.1k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $14.8k800 shares |
| SIMPLEX TRADING, LLC | Reduced | $1.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PEAK6 Investments LLC | New | $3.9m210.0k shares |
| CITADEL ADVISORS LLC | Added | $1.2m64.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $693.7k37.6k shares |
| GROUP ONE TRADING LLC | New | $688.2k37.3k shares |
| SIMPLEX TRADING, LLC | Added | $291.0k15.8k 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 2024
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 2022 | 0 | — | 1 | $236.5k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $106.9k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 1 | $82.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-12 | Petit Douglas Paul President | Sold | $82.0k4.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 8.9m $164.1m | Reduced -314.6k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 5.8m $107.6m | Added +14.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 4.3m $78.9m | Added +29.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 4.1m $75.3m | Reduced -76.2k |
| GENEVA CAPITAL MANAGEMENT LLC 1.08% of their portfolio | 3.2m $59.3m | Reduced -74.0k |
| STATE STREET CORP 0.00% of their portfolio | 2.3m $42.9m | Reduced -49.4k |
| NUANCE INVESTMENTS, LLC 1.31% of their portfolio | 2.3m $42.9m | Added +1.0m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 1.5m $27.8m | Reduced -3.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.5m $26.9m | Reduced -153.0k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 1.4m $25.9m | Added +162.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.4m $25.8m | Added +69.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1m $20.6m | Reduced -18.2k |
| LONDON CO OF VIRGINIA 0.10% of their portfolio | 970.9k $17.9m | Added +319.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 901.4k $16.6m | Added +70.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 881.7k $16.3m | Reduced -51.4k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.47% of their portfolio | 820.7k $15.1m | Added +735.7k |
| MORGAN STANLEY 0.00% of their portfolio | 783.6k $14.5m | Reduced -2.2m |
| Granite Investment Partners, LLC 0.58% of their portfolio | 764.9k $14.1m | Reduced -103.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 692.4k $12.8m | Added +41.5k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 675.3k $12.5m | Reduced -15.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 624.4k $11.5m | Added +46.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 582.4k $10.7m | Added +366.4k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.66% of their portfolio | 432.5k $8.0m | Reduced -394 |
| Invesco Ltd. 0.00% of their portfolio | 419.7k $7.7m | Reduced -21.3k |
| Empirical Capital Management, LLC 5.26% of their portfolio | 400.0k $7.4m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 375.1k $6.9m | Added +24.7k |
| GHP Investment Advisors, Inc. 0.34% of their portfolio | 364.2k $6.7m | Reduced -13.2k |
| NICHOLAS COMPANY, INC. 0.11% of their portfolio | 353.5k $6.5m | Unchanged |
| SG Capital Management LLC 1.10% of their portfolio | 351.2k $6.5m | Added +239.9k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 336.2k $6.2m | Added +40.3k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 325.3k $6.0m | Added +172.4k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 301.4k $5.6m | Added +265.8k |
| DEPRINCE RACE & ZOLLO INC 0.12% of their portfolio | 289.1k $5.3m | New |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 288.0k $5.3m | Added +400 |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 285.4k $5.3m | Reduced -15.3k |
| ExodusPoint Capital Management, LP 0.06% of their portfolio | 272.1k $5.0m | Added +169.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 265.9k $4.9m | Added +104.7k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 263.5k $4.9m | Added +163.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 226.6k $4.2m | Added +58.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 222.3k $4.1m | Added +1.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 208.9k $3.9m | Reduced -429.3k |
| FMR LLC 0.00% of their portfolio | 205.3k $3.8m | Added +91.3k |
| NORGES BANK 0.00% of their portfolio | 182.4k $3.4m | Added +144.3k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 182.2k $3.4m | Added +81.2k |
| Penn Capital Management Company, LLC 0.30% of their portfolio | 168.8k $3.1m | Reduced -5.6k |
| Legal & General Group Plc 0.00% of their portfolio | 162.7k $3.0m | Reduced -4.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 161.2k $3.0m | Added +52.1k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 155.8k $2.9m | Reduced -5.8k |
| HEARTLAND ADVISORS INC 0.15% of their portfolio | 150.0k $2.8m | Unchanged |
| Public Sector Pension Investment Board 0.01% of their portfolio | 127.1k $2.3m | Added +7.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 125.4k $2.3m | Added +12.7k |
| Swiss National Bank 0.00% of their portfolio | 120.2k $2.2m | Unchanged |
| TD Asset Management Inc 0.00% of their portfolio | 115.5k $2.1m | Reduced -30.5k |
| Hodges Capital Management Inc. 0.14% of their portfolio | 115.1k $2.1m | New |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 113.0k $2.1m | Reduced -19.4k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 109.2k $2.0m | Reduced -717 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 101.1k $1.9m | Reduced -50.0k |
| Van Hulzen Asset Management, LLC 0.12% of their portfolio | 100.1k $1.8m | Added +51.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 93.4k $1.7m | Added +6 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 90.4k $1.7m | Added +32.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 83.5k $1.5m | Added +39.6k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 76.2k $1.4m | Added +7.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 75.4k $1.4m | Unchanged |
| Trexquant Investment LP 0.02% of their portfolio | 73.7k $1.4m | Added +23.6k |
| GSA CAPITAL PARTNERS LLP 0.09% of their portfolio | 73.4k $1.4m | Added +56.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 73.3k $1.4m | Reduced -126.1k |
| AlphaQuest LLC 0.16% of their portfolio | 65.7k $1.2m | Added +61.8k |
| SG Americas Securities, LLC 0.01% of their portfolio | 63.5k $1.2m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 62.8k $1.2m | Reduced -29.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 62.1k $1.1m | Reduced -3.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 62.0k $1.1m | Reduced -7.3k |
| Jump Financial, LLC 0.02% of their portfolio | 62.0k $1.1m | Reduced -18.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 59.3k $1.1m | Reduced -1.4k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 57.6k $1.1m | Added +8.3k |
| BARCLAYS PLC 0.00% of their portfolio | 56.8k $1.0m | Reduced -32.6k |
| UBS Group AG 0.00% of their portfolio | 53.8k $992.5k | Reduced -36.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 50.5k $931.6k | Reduced -9.7k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 50.0k $922.3k | Added +17.7k |
| WINTON GROUP Ltd 0.06% of their portfolio | 49.8k $919.0k | Added +15.2k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 48.0k $885.0k | Reduced -2.1k |
| Nebula Research & Development LLC 0.14% of their portfolio | 47.4k $874.9k | Added +32.6k |
| Atom Investors LP 0.09% of their portfolio | 47.2k $871.3k | New |
| CITIGROUP INC 0.00% of their portfolio | 45.1k $831.7k | Added +6.1k |
| Engineers Gate Manager LP 0.02% of their portfolio | 41.8k $771.7k | Added +23.0k |
| MARTINGALE ASSET MANAGEMENT L P 0.02% of their portfolio | 41.2k $759.9k | Reduced -22.9k |
| Squarepoint Ops LLC 0.00% of their portfolio | 40.7k $751.0k | New |
| Mariner, LLC 0.00% of their portfolio | 38.7k $714.1k | New |
| Walleye Capital LLC 0.01% of their portfolio | 37.2k $686.3k | Added +7.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 37.0k $682.1k | Added +1.9k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 33.9k $625.0k | Reduced -1.3k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 33.7k $621.3k | First filing |
| MetLife Investment Management, LLC 0.00% of their portfolio | 33.6k $619.1k | Added +3.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 31.3k $577.0k | Added +2.0k |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 30.7k $567.0k | New |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 30.7k $565.9k | Reduced -2.6k |
| LPL Financial LLC 0.00% of their portfolio | 30.6k $563.8k | Added +1.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 29.6k $546.5k | Added +4.4k |
| SIT INVESTMENT ASSOCIATES INC 0.01% of their portfolio | 29.4k $542.0k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 29.3k $540.3k | First filing |
| MARSHALL WACE, LLP 0.00% of their portfolio | 29.2k $539.3k | Reduced -16.8k |