Pricing

MARATHON ASSET MANAGEMENT LTD

4 followers ยท 1 like
LONDON X0 Investment Advisor Hedge Fund
13F Summary

Subscription Required

Equal-WT
WhaleScore 2.0 ?

85

S&P 500
WhaleScore ?

Subscription Required

Equal-WT
WhaleScore 1.0 ?

Marathon Asset Management LTD is based out of London. Marathon Asset Management LTD is a hedge fund with 49 clients and discretionary assets under management (AUM) of $40,698,254,061 (Form ADV from 2024-05-16). Their last reported 13F filing for Q4 2024 included $3,579,651,794 in managed 13F securities and a top 10 holdings concentration of 40.53%. Marathon Asset Management LTD's largest holding is Flutter Entertainment PLC with shares held of 1,843,682. Whalewisdom has at least 104 13F filings, 1 13D filings, and 96 13G filings
Investment Strategy
Marathon's investment strategy revolves around the concept of the capital cycle, which involves understanding and altering the capital cycle in their industries through sensible reinvestment choices. They believe that management skill in allocating capital is vital over the long term and that the best managers seek to alter the capital cycle. Decisions about new capital projects, acquisitions or disposals, and equity issuance or buybacks are critical to the ultimate outcome for shareholders. Marathon operates a multi-counsellor model whereby each portfolio manager conducts their own research and is completely accountable for their own portfolio. They employ the capital cycle approach to investing but make their own independent investment decisions in their individual portfolio. Portfolio Managers and Analysts use fundamental, bottom-up qualitative analysis to evaluate businesses and the industry within which they operate. In-depth, internally-generated research is a distinguishing feature of Marathon's investment process, which is focused on industry capital cycle characteristics and company management's motivation, incentivisation, and skill at responding to the forces of the capital cycle.
Known Email Addresses
(Subscription Required)

2024-12-31

Top Buys (13F)

Name % Change
ELV Elevance Health Inc 2.34%
PAYC Paycom Software Inc 0.43%
V VISA Inc 0.39%
WSC WillScot Mobile Mini 0.36%
CME CME Group Inc 0.26%

2024-12-31

Top Sells (13F)

Name % Change
JNJ Johnson & Johnson 0.72%
SCCO Southern Copper Corp 0.52%
MU Micron Technology, I 0.37%
NEM Newmont Corp 0.34%
SPGI S&P Global Inc 0.3%

2024-12-31

13F Holdings Summary

Name $ Change
FLUT Flutter Entertainmen 13.31%
CNH CNH Industrial NV 4.5%
AMZN Amazon.com Inc 3.66%
GOOGL Alphabet Inc. Class 2.98%
META Meta Platforms Inc 2.92%

2024-12-31

13F Activity

Market Value $3.58b, Prior: $3.62b
Inflows (Outflows) as % of Total MV (-1.8239)%
New Purchases 2 stocks
Added To 8 stocks
Sold out of 3 stocks
Reduced holdings in 70 stocks
Top 10 Holdings % 40.53%
Turnover %[1] 5.95%
Turnover Alt %[2] 3.56%
Time Held Top 20 7.3 quarters
Time Held Top 10 5.7 quarters
Time Held All 17.68 quarters

[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.

[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.

2024-12-31

13F Sector Allocation Over Time

limited to past 4 quarters. Subscribe to see all available data

2024-12-31

Analysis

Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31

Portfolio Performance