Marathon Asset Management Ltd
SEC Form 13F institutional filer · CIK 0001861026
13F-HR · 32 reported holdings · 2026-03-31
Asset manager.
Reported long-US-equity value
$1.32B
Top-10 concentration
59.4%
Marathon Asset Management Ltd — $1.32B AUM allocation strategy
Marathon Asset Management Ltd files SEC Form 13F and reports $1.32B of long US equity value across 32 reported holdings for 2026-03-31.
Its largest sector bet is Financials 19.3%, followed by Information Technology 18.6% and Communication Services 12.5%.
The top 10 holdings account for 59% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Marathon Asset Management Ltd — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$1.32B
total across 32 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
59% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$ORCL +126K sh · +$11.6M+$FISV +109K sh · +$656K+$IBKR +65.6K sh · +$5.72M
Biggest trims (shares)
−$SO −148K sh · −$7.01M−$MU −48.8K sh · −$6.87M−$KO −9.6K sh · +$2.12M
Added from nil (new positions)
None this quarter
Exited to nil (held last quarter, gone now)
$BKNG ($22M last qtr)$LYB ($13.2M last qtr)$GOOGL ($7.75M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Interactive Media & Services12.5%—
- Transaction & Payment Processing Services8.7%—
- Broadline Retail8.7%—
- Soft Drinks & Non-alcoholic Beverages8.6%—
- Semiconductors8.2%—
- Electric Utilities6.4%—
- Managed Health Care5.9%—
- Systems Software5.5%—
- Other holdings35.5%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AMZN | Amazon.com Inc | 553K | $115M | +46.1K | 8.7% |
| $KO | Coca-Cola Company | 1.18M | $113M | -9.6K | 8.6% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 368K | $106M | +23.1K | 8.0% |
| $SO | Southern Company | 499K | $85.8M | -148K | 6.5% |
| $ELV | Elevance Health Inc | 268K | $78.6M | +21.6K | 5.9% |
| $MSFT | Microsoft Corporation | 197K | $72.9M | +27.2K | 5.5% |
| $NVDA | NVIDIA Corporation | 357K | $62.3M | +46.2K | 4.7% |
| $META | Meta Platforms Inc | 104K | $59.4M | +7.76K | 4.5% |
| $V | Visa Inc | 153K | $46.3M | +24K | 3.5% |
| $TMO | Thermo Fisher Scientific Inc | 93.4K | $46M | +7.88K | 3.5% |
…and 22 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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