Marathon Partners Equity Management 13F annual report

Marathon Partners Equity Management is an investment fund managing more than $220 million ran by Mario Cibelli. There are currently 11 companies in Mr. Cibelli’s portfolio. The largest investments include Uber Technologies Inc and Facebook Inc, together worth $90 million.

$220 million Assets Under Management (AUM)

As of 9th August 2021, Marathon Partners Equity Management’s top holding is 907,500 shares of Uber Technologies Inc currently worth over $45.5 million and making up 20.7% of the portfolio value. Relative to the number of outstanding shares of Uber Technologies Inc, Marathon Partners Equity Management owns more than approximately 0.1% of the company. In addition, the fund holds 128,000 shares of Facebook Inc worth $44.5 million, whose value grew 32.6% in the past six months. The third-largest holding is Stitch Fix Inc worth $41.6 million and the next is PayPal Inc worth $27.8 million, with 95,500 shares owned.

Currently, Marathon Partners Equity Management's portfolio is worth at least $220 million. 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 Partners Equity Management

The Marathon Partners Equity Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Mario Cibelli serves as the Managing Member at Marathon Partners Equity Management.

Recent trades

In the most recent 13F filing, Marathon Partners Equity Management revealed that it had opened a new position in Just Eat Takeaway.com N.V and bought 832,500 shares worth $15.2 million. This means they effectively own approximately 0.1% of the company. Just Eat Takeaway.com N.V makes up 13.6% of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Facebook Inc by buying 9,500 additional shares. This makes their stake in Facebook Inc total 128,000 shares worth $44.5 million. Facebook Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Marathon Partners Equity Management is getting rid of from its portfolio. Marathon Partners Equity Management closed its position in e.l.f. Beauty Inc on 16th August 2021. It sold the previously owned 2,450,000 shares for $45 million. Mario Cibelli also disclosed a decreased stake in World Wrestling Entmt Inc by 0.6%. This leaves the value of the investment at $18.1 million and 312,500 shares.

One of the smallest hedge funds

The two most similar investment funds to Marathon Partners Equity Management are Tillar-wenstrup Advisors and Peregrine Asset Advisers. They manage $220 million and $220 million respectively.

Mario Cibelli investment strategy

Marathon Partners Equity Management’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Technology — making up 51.0% of the total portfolio value. The fund focuses on investments in the United States as 81.8% 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 64% 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 $319 billion.

The complete list of Marathon Partners Equity Management trades based on 13F SEC filings

These positions were updated on August 16th 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
Uber Technologies Inc	No change 907,500	$45,484,000	20.71%
e.l.f. Beauty Inc	Closed 2,450,000	$45,007,000
Facebook Inc	8.02% 128,000	$44,507,000	20.26%
Stitch Fix Inc	81.58% 690,000	$41,607,000	18.94%
PayPal Holdings Inc	No change 95,500	$27,836,000	12.67%
HD Supply Holdings Inc	Closed 595,000	$24,538,000
World Wrestling Entmt Inc	56.90% 312,500	$18,091,000	8.24%
Just Eat Takeaway.com N.V.	Closed 250,000	$18,083,000
Just Eat Takeaway.com N.V.	Opened 832,500	$15,201,000	6.92%
Amazon.com Inc.	Opened 2,750	$9,460,000	4.31%
Twitter Inc	100.00% 100,000	$6,881,000	3.13%
Smiledirectclub Inc	Opened 450,000	$3,906,000	1.78%
Whole Earth Brands, Inc.	Opened 250,000	$3,625,000	1.65%
Zillow Group Inc	Opened 25,000	$3,063,000	1.39%
J Alexanders Hldgs Inc	Closed 225,000	$1,170,000
No transactions found
Showing first 500 out of 15 holdings