Marathon Asset Management LL.P. 13F annual report
Marathon Asset Management LL.P. is an investment fund managing more than $8.26 billion ran by James Bennett. There are currently 98 companies in Mr. Bennett’s portfolio. The largest investments include Oracle and Booking Inc, together worth $605 million.
$8.26 billion Assets Under Management (AUM)
As of 14th July 2021, Marathon Asset Management LL.P.’s top holding is 3,924,422 shares of Oracle currently worth over $305 million and making up 3.7% of the portfolio value.
Relative to the number of outstanding shares of Oracle, Marathon Asset Management LL.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 137,017 shares of Booking Inc worth $300 million, whose value grew 1.0% in the past six months.
The third-largest holding is Alphabet Inc worth $260 million and the next is Johnson And Johnson worth $252 million, with 1,527,037 shares owned.
Currently, Marathon Asset Management LL.P.'s portfolio is worth at least $8.26 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Marathon Asset Management LL.P.
The Marathon Asset Management LL.P. office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, James Bennett serves as the Chief Compliance Officer at Marathon Asset Management LL.P..
Recent trades
In the most recent 13F filing, Marathon Asset Management LL.P. revealed that it had opened a new position in
Marsh & Mclennan and bought 475,713 shares worth $66.9 million.
The investment fund also strengthened its position in Booking Inc by buying
43,885 additional shares.
This makes their stake in Booking Inc total 137,017 shares worth $300 million.
Booking Inc soared 24.5% in the past year.
On the other hand, there are companies that Marathon Asset Management LL.P. is getting rid of from its portfolio.
Marathon Asset Management LL.P. closed its position in PayPal Inc on 21st July 2021.
It sold the previously owned 225,911 shares for $54.9 million.
James Bennett also disclosed a decreased stake in Oracle by approximately 0.1%.
This leaves the value of the investment at $305 million and 3,924,422 shares.
One of the largest hedge funds
The two most similar investment funds to Marathon Asset Management LL.P. are River Road Asset Management and Ontario Teachers Pension Plan Board. They manage $8.27 billion and $8.21 billion respectively.
James Bennett investment strategy
Marathon Asset Management LL.P.’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 16.3% of
the total portfolio value.
The fund focuses on investments in the United States as
57.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
58% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $104 billion.
The complete list of Marathon Asset Management LL.P. trades based on 13F SEC filings
These positions were updated on July 21st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Oracle Corp. |
0.79%
3,924,422
|
$305,474,000 | 3.70% |
| Booking Holdings Inc |
47.12%
137,017
|
$299,782,000 | 3.63% |
| Alphabet Inc |
4.94%
106,632
|
$260,355,000 | 3.15% |
| Johnson And Johnson |
0.36%
1,527,037
|
$251,563,000 | 3.05% |
| Alphabet Inc |
42.98%
96,330
|
$241,429,000 | 2.92% |
| Texas Instruments Inc. |
39.60%
1,247,250
|
$239,842,000 | 2.90% |
| Facebook Inc A |
24.48%
682,961
|
$237,472,000 | 2.88% |
| Baidu Inc - Spon Adr |
2.89%
911,874
|
$185,928,000 | 2.25% |
| Berkshire Hathaway Inc. |
103.12%
655,688
|
$182,219,000 | 2.21% |
| Autozone Inc. |
26.25%
121,326
|
$181,035,000 | 2.19% |
| Travelers Companies Inc. |
27.49%
1,200,258
|
$179,691,000 | 2.18% |
| Merck & Co Inc |
3.83%
2,205,162
|
$172,887,000 | 2.09% |
| Hershey Company |
34.38%
958,778
|
$166,999,000 | 2.02% |
| American Express Co. |
19.45%
926,919
|
$153,156,000 | 1.85% |
| Yum China Holdings Inc |
3.15%
2,277,674
|
$150,896,000 | 1.83% |
| Brookfield Asset Manage-cl A |
9.96%
2,916,112
|
$148,970,000 | 1.80% |
| Waters Corp. |
15.28%
430,356
|
$148,721,000 | 1.80% |
| TJX Companies, Inc. |
111.49%
2,177,959
|
$146,838,000 | 1.78% |
| Carmax Inc |
45.48%
1,069,676
|
$138,149,000 | 1.67% |
| Electronic Arts, Inc. |
48.91%
956,876
|
$137,627,000 | 1.67% |
| First Republic Bank |
32.60%
691,538
|
$129,427,000 | 1.57% |
| Kimberly-Clark Corp. |
110.69%
951,658
|
$127,826,000 | 1.55% |
| Archer Daniels Midland Co. |
31.21%
2,033,482
|
$123,227,000 | 1.49% |
| Canadian Natural Resources Ltd. |
110.20%
3,254,298
|
$118,857,000 | 1.44% |
| FTI Consulting Inc. |
4.63%
867,451
|
$118,502,000 | 1.44% |
| Linde Plc |
111.48%
409,239
|
$118,308,000 | 1.43% |
| C.H. Robinson Worldwide, Inc. |
23.89%
1,159,021
|
$109,046,000 | 1.32% |
| Coca-cola Europacific Partners Plc |
12.72%
1,815,705
|
$107,668,000 | 1.30% |
| United Parcel Services Cl B |
3.02%
507,574
|
$105,561,000 | 1.28% |
| Pepsico Inc |
110.96%
700,903
|
$103,849,000 | 1.26% |
| Progressive Corp. |
110.62%
1,045,967
|
$102,724,000 | 1.24% |
| Activision Blizzard Inc |
109.62%
1,022,977
|
$97,633,000 | 1.18% |
| Fastenal Co. |
54.22%
1,849,576
|
$96,175,000 | 1.16% |
| Markel Corp |
20.15%
78,820
|
$93,537,000 | 1.13% |
| Genpact Ltd |
2.76%
1,818,508
|
$82,615,000 | 1.00% |
| Wells Fargo |
60.74%
1,786,851
|
$80,925,000 | 0.98% |
| Canadian Pacific Railway Ltd |
605.54%
1,043,977
|
$80,515,000 | 0.98% |
| Procter & Gamble Co. |
5.11%
563,991
|
$76,098,000 | 0.92% |
| Maxim Integrated Products, Inc. |
5.15%
721,779
|
$76,047,000 | 0.92% |
| Barrick Gold Corp. |
37.02%
3,645,096
|
$75,385,000 | 0.91% |
| Analog Devices Inc. |
5.14%
437,695
|
$75,353,000 | 0.91% |
| M & T Bank Corp |
58.90%
517,897
|
$75,256,000 | 0.91% |
| Ritchie Bros Auctioneers Inc |
22.77%
1,244,349
|
$73,849,000 | 0.89% |
| Gildan Activewear Inc |
5.13%
1,996,820
|
$73,749,000 | 0.89% |
| Paccar Inc. |
111.74%
818,559
|
$73,056,000 | 0.88% |
| Hartford Financial Svcs Group Inc |
5.17%
1,170,115
|
$72,903,000 | 0.88% |
| KAR Auction Services Inc |
4.87%
4,124,745
|
$72,389,000 | 0.88% |
| Fomento Economico Mexicano Spon Adr |
2.55%
815,436
|
$68,912,000 | 0.83% |
| Paychex Inc. |
5.16%
641,288
|
$68,808,000 | 0.83% |
| Marsh & Mclennan |
Opened
475,713
|
$66,923,000 | 0.81% |
| Union Pacific Corp. |
5.14%
282,416
|
$62,110,000 | 0.75% |
| Expeditors Intl Wash Inc |
5.14%
483,138
|
$61,163,000 | 0.74% |
| Globus Medical Inc A |
18.37%
788,749
|
$61,151,000 | 0.74% |
| Aon plc. |
5.14%
252,719
|
$60,336,000 | 0.73% |
| Bank Of New York Mellon Corp |
5.12%
1,155,983
|
$59,220,000 | 0.72% |
| Dexcom Inc |
Opened
136,094
|
$58,112,000 | 0.70% |
| Dolby Laboratories Inc |
19.91%
591,017
|
$58,091,000 | 0.70% |
| MarketAxess Holdings Inc. |
78.67%
123,785
|
$57,385,000 | 0.69% |
| Intel Corp. |
50.72%
1,002,224
|
$56,263,000 | 0.68% |
| PayPal Holdings Inc |
Closed
225,911
|
$54,860,000 | |
| Applied Materials Inc. |
Closed
404,624
|
$54,058,000 | |
| Coca-Cola Co |
Closed
1,006,645
|
$53,465,000 | |
| Arista Networks Inc |
49.26%
147,342
|
$53,382,000 | 0.65% |
| Bunge Ltd. |
51.84%
673,630
|
$52,644,000 | 0.64% |
| Franco-Nevada Corporation |
41.06%
360,175
|
$52,323,000 | 0.63% |
| Abiomed Inc. |
60.76%
158,930
|
$49,602,000 | 0.60% |
| Automatic Data Processing Inc. |
5.11%
246,889
|
$49,257,000 | 0.60% |
| Healthcare Services Group, Inc. |
7.56%
1,554,624
|
$49,081,000 | 0.59% |
| Citigroup Inc |
5.00%
688,728
|
$48,726,000 | 0.59% |
| Baxter International Inc. |
Closed
543,663
|
$45,980,000 | |
| CME Group Inc |
5.11%
213,807
|
$45,471,000 | 0.55% |
| Us Bancorp |
Closed
796,866
|
$44,398,000 | |
| Colgate-Palmolive Co. |
5.14%
509,376
|
$41,436,000 | 0.50% |
| Bank Of Nova Scotia |
41.11%
613,075
|
$39,914,000 | 0.48% |
| Loews Corp. |
25.50%
727,797
|
$39,774,000 | 0.48% |
| Magna International Inc. |
41.12%
415,260
|
$38,488,000 | 0.47% |
| Chubb Ltd |
5.16%
237,057
|
$37,867,000 | 0.46% |
| Costco Wholesale Corp |
Closed
100,395
|
$35,387,000 | |
| Eventbrite Inc |
22.68%
1,812,425
|
$34,430,000 | 0.42% |
| PPG Industries, Inc. |
Closed
227,469
|
$34,180,000 | |
| Omnicom Group, Inc. |
163.26%
416,935
|
$33,631,000 | 0.41% |
| Rayonier Inc. |
18.95%
934,308
|
$33,569,000 | 0.41% |
| 3M Co. |
5.09%
151,351
|
$30,062,000 | 0.36% |
| BCE Inc |
41.11%
571,490
|
$28,499,000 | 0.35% |
| Alleghany Corp. |
32.11%
41,194
|
$27,479,000 | 0.33% |
| Grupo Televisa Sa-spons Adr |
1.48%
1,855,066
|
$26,490,000 | 0.32% |
| Otis Worldwide Corporation |
Closed
375,946
|
$25,734,000 | |
| Rogers Communications Inc. |
41.02%
467,877
|
$25,034,000 | 0.30% |
| Visteon Corp. |
23.29%
203,197
|
$24,571,000 | 0.30% |
| Ctrip.com International Adr |
2.85%
666,613
|
$23,638,000 | 0.29% |
| Tanger Factory Outlet Center |
27.71%
1,180,918
|
$22,260,000 | 0.27% |
| Pricesmart Inc. |
1.80%
243,280
|
$22,141,000 | 0.27% |
| Raytheon Technologies Corporation |
Closed
284,138
|
$21,955,000 | |
| Freeport-McMoRan Inc |
23.17%
548,304
|
$20,347,000 | 0.25% |
| Kt Corp Adr |
1.07%
1,398,364
|
$19,507,000 | 0.24% |
| Bancolombia Sa -pref |
1.27%
673,863
|
$19,451,000 | 0.24% |
| Taiwan Semiconductor Manufacturing Co Ltd |
30.25%
147,371
|
$17,761,000 | 0.22% |
| National Oilwell Varco |
73.41%
814,382
|
$12,476,000 | 0.15% |
| Wabtec Corp |
75.29%
128,049
|
$10,538,000 | 0.13% |
| Axalta Coating Systems Ltd |
70.23%
296,732
|
$9,047,000 | 0.11% |
| Organon & Co |
Opened
139,315
|
$4,216,000 | 0.05% |
| Weyerhaeuser Co. |
93.31%
98,329
|
$3,384,000 | 0.04% |
| TE Connectivity Ltd |
95.60%
15,536
|
$2,101,000 | 0.03% |
| Inmode Ltd |
No change
3,871
|
$367,000 | 0.00% |
| Autohome Inc |
20.61%
3,330
|
$213,000 | 0.00% |
| HUYA Inc |
No change
9,038
|
$160,000 | 0.00% |
| Momo Inc Adr |
No change
3,598
|
$55,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 107 holdings | |||
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