Marathon Asset Management LP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Marathon Asset Management LP disclosed 15 US equity positions worth $62.3m in its Q3 2025 13F filing. The largest position was EAF at 43.5% of the reported book, followed by CNK and UNH. Against the Q2 2025 filing, it opened 3 new positions, added to 4 and reduced 5 among the top 15 holdings.
What did Marathon Asset Management LP own in Q3 2025? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | EAF GRAFTECH INTL LTD | 43.5% | $27.1m | 2,115,389 | – | new | |
| 2 | CNK CINEMARK HLDGS INC | Communication Services | 13.5% | $8.4m | 300,000 | – | new |
| 3 | UNH UNITEDHEALTH GROUP INC | Healthcare | 6.9% | $4.3m | 12,500 | 400% | added |
| 4 | JOHN HANCOCK EXCHANGE TRADED | 5.2% | $3.3m | 125,000 | 0% | held | |
| 5 | AMD ADVANCED MICRO DEVICES INC | Technology | 5.2% | $3.2m | 20,000 | -20% | reduced |
| 6 | ETHA ISHARES ETHEREUM TR | 4.3% | $2.7m | 85,000 | -47% | reduced | |
| 7 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 2.9% | $1.8m | 10,000 | 100% | added |
| 8 | JD JD.COM INC | Consumer Cyclical | 2.8% | $1.7m | 50,000 | – | new |
| 9 | PYPL PAYPAL HLDGS INC | Financial Services | 2.7% | $1.7m | 25,000 | 67% | added |
| 10 | IBIT ISHARES BITCOIN TRUST ETF | 2.6% | $1.6m | 25,000 | 0% | held | |
| 11 | GOOG ALPHABET INC | Communication Services | 2.5% | $1.5m | 6,330 | -50% | reduced |
| 12 | NIO NIO INC | Consumer Cyclical | 2.4% | $1.5m | 200,000 | -60% | reduced |
| 13 | OSCR OSCAR HEALTH INC | Healthcare | 2.3% | $1.4m | 75,000 | 67% | added |
| 14 | NBIS NEBIUS GROUP N.V | Communication Services | 1.8% | $1.1m | 10,000 | -60% | reduced |
| 15 | KORE GROUP HLDGS INC | 1.4% | $850.4k | 351,396 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.