SEC 13F Intelligence

Managers / Q2 2024 · view latest →

Marathon Asset Management Ltd

CIK 0001861026 · THE FLORAL BUILDING, 27B FLORAL STREET, LONDON, WC2E 9DP · 44 0 2074972211

Reported Value
$3.2B
Q2 2024
Positions
82
Filings on Record
19
2019–present window
Filed
Aug 14, 2024
original filing

Summary

Marathon Asset Management Ltd reported $3.2B in U.S.-listed holdings across 82 positions for Q2 2024.

Its largest position, Cnh Indl N V, represents 4.8% of the portfolio.

Compared with Q1 2024, the fund opened 2 new positions and exited 6.

Portfolio Metrics

Turnover
+3.2%
vs prior filed quarter
Top-10 Concentration
+31.5%
share of reported value
Largest Position
+4.8%
Cnh Indl N V
New / Exited
2 / 6
positions this quarter

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. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q3 ’21: $8.2BQ3 ’21Q4 ’21: $8.1BQ1 ’22: $7.4BQ2 ’22: $6.0BQ2 ’22Q3 ’22: $3.4BQ4 ’22: $3.7BQ1 ’23: $3.6BQ1 ’23Q2 ’23: $3.6BQ3 ’23: $3.2BQ4 ’23: $3.6BQ4 ’23Q1 ’24: $3.7BQ2 ’24: $3.2BQ3 ’24: $3.6BQ3 ’24Q4 ’24: $3.6BQ1 ’25: $3.3BQ2 ’25: $3.1BQ2 ’25Q3 ’25: $2.7BQ4 ’25: $2.6BQ1 ’26: $2.6BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 82.5%Other: 12.7%ADR: 4.4%REIT: 0.4%
  • Common Stock · 82.5% · $2.6B
  • Other · 12.7% · $406M
  • ADR · 4.4% · $141M
  • REIT · 0.4% · $11M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IBKRINTERACTIVE BROKERS GROUP INNEW+305.0K305.0K+$37M$37M
LAURLAUREATE EDUCATION INCNEW+1.66M1.66M+$25M$25M
INFYINFOSYS LTDSOLD OUT−3.21M0−$58M$0
BIDUNBAIDU INCSOLD OUT−529.6K0−$56M$0
FASTFASTENAL COSOLD OUT−523.5K0−$40M$0
YUMCYUM CHINA HLDGS INCSOLD OUT−558.5K0−$22M$0
UPSUNITED PARCEL SERVICE INCSOLD OUT−140.4K0−$21M$0
MRSHMARSH & MCLENNAN COS INCSOLD OUT−94.8K0−$20M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2024

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGLALPHABET INChistory →COMMON5.39%$172M943.1K
2CNH INDL N VCOMMON4.85%$155M15.28M
3MSFTMICROSOFT CORPhistory →COMMON4.66%$149M333.0K
4METAMETA PLATFORMS INChistory →COMMON3.45%$110M218.2K
5COCA-COLA EUROPACIFIC PARTNECOMMON3.06%$98M1.34M
6SCCOSOUTHERN COPPER CORPhistory →COMMON2.59%$83M766.2K
7FISVFISERV INChistory →COMMON2.47%$79M530.0K
8CRCCANADIAN NAT RES LTDhistory →COMMON2.36%$75M2.09M
9BNBROOKFIELD CORPhistory →COMMON2.24%$72M1.72M
10TJXTJX COS INC NEWhistory →COMMON2.18%$69M630.7K
11ADBEADOBE INChistory →COMMON2.08%$67M119.8K
12MKLMARKEL GROUP INChistory →COMMON1.98%$63M40.1K
13MAMASTERCARD INCORPORATEDhistory →COMMON1.91%$61M137.3K
14BKNGBOOKING HOLDINGS INChistory →COMMON1.90%$61M15.3K
15TMOTHERMO FISHER SCIENTIFIC INChistory →COMMON1.89%$60M109.0K
16MUMICRON TECHNOLOGY INChistory →COMMON1.85%$59M449.0K
17SPGIS&P GLOBAL INChistory →COMMON1.76%$56M125.8K
18TRUTRANSUNIONhistory →COMMON1.74%$56M749.3K
19CPCANADIAN PACIFIC KANSAS CITYhistory →COMMON1.72%$55M695.3K
20ORCLORACLE CORPhistory →COMMON1.68%$54M379.3K
21VVISA INChistory →COMMON1.56%$50M190.2K
22VIPSVIPSHOP HLDGS LTDhistory →COMMON1.56%$50M3.82M
23ADIANALOG DEVICES INChistory →COMMON1.56%$50M217.6K
24COPA HOLDINGS SACOMMON1.51%$48M506.2K
25ADSKAUTODESK INChistory →COMMON1.50%$48M193.5K
26MRKMERCK & CO INChistory →COMMON1.45%$46M371.5K
27PGRPROGRESSIVE CORPhistory →COMMON1.43%$46M219.7K
28FNVFRANCO NEV CORPhistory →COMMON1.41%$45M379.6K
29CEMEX SAB DE CVCOMMON1.38%$44M6.92M
30BNSBANK NOVA SCOTIA HALIFAXhistory →COMMON1.37%$44M956.8K
31EAELECTRONIC ARTS INChistory →COMMON1.33%$43M305.4K
32PAYCPAYCOM SOFTWARE INChistory →COMMON1.32%$42M294.3K
33HDBHDFC BANK LTDhistory →COMMON1.18%$38M584.3K
34IBKRINTERACTIVE BROKERS GROUP INhistory →COMMON1.17%$37M305.0K
35GILGILDAN ACTIVEWEAR INChistory →COMMON1.16%$37M979.5K
36AFWALIGN TECHNOLOGY INChistory →COMMON1.15%$37M152.1K
37IQVIQVIA HLDGS INChistory →COMMON1.14%$36M172.4K
38JNJJOHNSON & JOHNSONhistory →COMMON1.07%$34M234.3K
39CMECME GROUP INChistory →COMMON1.04%$33M169.0K
40OPLNOPENLANE INChistory →COMMON1.01%$32M1.94M
41LINDE PLCCOMMON0.91%$29M66.4K
42LYONDELLBASELL INDUSTRIES NCOMMON0.84%$27M279.1K
43LAURLAUREATE EDUCATION INChistory →COMMON0.78%$25M1.66M
44BKRBAKER HUGHES COMPANYhistory →COMMON0.76%$24M692.4K
45DLTRDOLLAR TREE INChistory →COMMON0.76%$24M227.7K
46WFCWELLS FARGO CO NEWhistory →COMMON0.76%$24M407.3K
47FCXFREEPORT-MCMORAN INChistory →COMMON0.74%$24M485.7K
48NEMNEWMONT CORPhistory →COMMON0.74%$23M561.2K
49RG6ROGERS CORPhistory →COMMON0.73%$23M194.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.6B74Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.6B77Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.7B78Oct 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$3.1B79Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$3.3B81Apr 24, 202513F-HRchanges · EDGAR ↗
Q4 2024$3.6B81Feb 6, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.6B82Oct 17, 202413F-HRchanges · EDGAR ↗
Q2 2024$3.2B82Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$3.7B86May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.6B87Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.2B88Nov 6, 202313F-HRchanges · EDGAR ↗
Q2 2023$3.6B87Aug 4, 202313F-HRchanges · EDGAR ↗
Q1 2023$3.6B91May 3, 202313F-HRchanges · EDGAR ↗
Q4 2022$3.7B89Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.4B88Oct 25, 202213F-HRchanges · EDGAR ↗
Q2 2022$6.0B85Aug 1, 202213F-HRchanges · EDGAR ↗
Q1 2022$7.4B88Apr 21, 202213F-HRchanges · EDGAR ↗
Q4 2021$8.1B86Jan 28, 202213F-HRchanges · EDGAR ↗
Q3 2021$8.2B86Nov 5, 202113F-HRchanges · EDGAR ↗

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 ↗.