Managers / Q3 2025 · view latest →
Marathon Partners Equity Management, LLC
CIK 0001353311 · 250 PARK AVENUE, 14TH FLOOR, #1448, NEW YORK, NY, 10177 · 212-490-0399
Summary
Marathon Partners Equity Management, LLC reported $139M in U.S.-listed holdings across 18 positions for Q3 2025.
Its largest position, RELY, represents 16.3% of the portfolio.
Compared with Q2 2025, the fund opened 3 new positions and exited 2.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 100.0% · $139M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ATIATI INC | NEW | +27.5K | 27.5K | +$2M | $2M |
| GOOGALPHABET INC | NEW | +8.3K | 8.3K | +$2M | $2M |
| LNWOLIGHT & WONDER INC | NEW | +12.5K | 12.5K | +$1M | $1M |
| PRMBPRIMO BRANDS CORPORATION | SOLD OUT | −37.5K | 0 | −$1M | $0 |
| PTONPELOTON INTERACTIVE INC | SOLD OUT | −25.0K | 0 | −$173,500 | $0 |
| RELYREMITLY GLOBAL INC | ADDED | +701.0K | 1.68M | +$9M | $27M |
| FLUTFLUTTER ENTMT PLC | ADDED | +4.5K | 13.8K | +$849,220 | $3M |
| EWCZEUROPEAN WAX CTR INC | TRIMMED | −100.0K | 125.0K | −$768,000 | $498,750 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | RELYREMITLY GLOBAL INChistory → | COM | 16.27% | $23M | 1.39M |
| 2 | TKOTKO GROUP HOLDINGS INChistory → | CL A | 15.98% | $22M | 110.0K |
| 3 | METAMETA PLATFORMS INChistory → | CL A | 14.79% | $21M | 28.0K |
| 4 | UBERUBER TECHNOLOGIES INChistory → | COM | 11.63% | $16M | 165.0K |
| 5 | XMTRXOMETRY INChistory → | CLASS A COM | 10.87% | $15M | 277.5K |
| 6 | HSICHENRY SCHEIN INChistory → | COM | 3.70% | $5M | 77.5K |
| 7 | ATMUATMUS FILTRATION TECHNOLOGIEhistory → | COM | 3.65% | $5M | 112.5K |
| 8 | SXTSENSIENT TECHNOLOGIES CORPhistory → | COM | 2.70% | $4M | 40.0K |
| 9 | FLUTFLUTTER ENTMT PLChistory → | SHS | 2.51% | $3M | 13.8K |
| 10 | TPBTURNING PT BRANDS INChistory → | COM | 1.78% | $2M | 25.0K |
| 11 | ATIATI INChistory → | COM | 1.61% | $2M | 27.5K |
| 12 | GOOGALPHABET INChistory → | CAP STK CL C | 1.45% | $2M | 8.3K |
| 13 | LIONLIONSGATE STUDIOS CORPhistory → | COM | 1.24% | $2M | 250.0K |
| 14 | AMRZAMRIZE LTD | SHS | 0.87% | $1M | 25.0K |
| 15 | LNWOLIGHT & WONDER INC | COM | 0.75% | $1M | 12.5K |
| 16 | EWCZEUROPEAN WAX CTR INC | CLASS A COM | 0.36% | $498,750 | 125.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $88M | 17 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $101M | 15 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $139M | 18 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $115M | 18 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $98M | 18 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $115M | 27 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $64M | 20 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $66M | 21 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $81M | 29 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $77M | 31 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $65M | 28 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $63M | 19 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $62M | 17 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $98M | 17 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $193M | 10 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $263M | 11 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $269M | 14 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $240M | 13 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $228M | 14 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $218M | 11 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $216M | 13 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $160M | 12 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $221M | 12 | Feb 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $264M | 14 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $242M | 16 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $226M | 18 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- MARATHON PARTNERS L.P.028-11691
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.