MARATHON ASSET MANAGEMENT LTD
Q2 2024 Form 13-F
LONDON
CIK 0001861026
· CRD 132391
· SEC-registered investment adviser
$3.2B Reported Value Total
MARATHON-LONDON reports 55 total accounts under management (AUM). There are 55 discretionary accounts valued at $40,698,254,061, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
16 funds
· $9.9B gross asset value
Hedge Fund: $8.7B · Other: $1.2B
Source: Form ADV filed 2026-05-05
Reported value
$3.2B
Quarter over quarter
-2.9%
Holdings
82
Top-10 concentration
31.5%
Filing Structure
Reports holdings for
- Verizon Investment Management Corp. (not a 13F filer in our records) · File #028-24864 · Q4 2024 – Q1 2025 · declared by one filing
- MARATHON ASSET MANAGEMENT LLP · File #028-03743 · Q3 2021 – Q3 2021 · declared by one filing
Key People
Form ADV owners & control persons
William James Arah
DIRECTOR
Jeremy John Hosking
BENEFICIARY
James Richard Bennett
CHIEF RISK AND COMPLIANCE OFFICER
Filing Navigation
13F Metrics
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Q2 2024 13F record
Q2 2024 13F filing summary
| Period of report | June 30, 2024 |
|---|---|
| Filed | August 14, 2024 |
| Form | 13F-HR |
| Reported value | $3.2B |
| Positions | 82 |
| Change in reported value | -14.8% |
| New positions | 2 |
| Exited positions | 6 |
| Position turnover | 9.1% |
| Top-10 concentration | 31.5% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Oct 26, 2026
|
76 | $2.2B |
|
Q2 2026 13F
Filed Aug 14, 2026
|
74 | $2.5B |
|
Q1 2026 13F
Filed Apr 24, 2026
|
74 | $2.6B |
|
Q4 2025 13F
Filed Feb 6, 2026
|
77 | $2.6B |
|
Q3 2025 13F
Filed Oct 17, 2025
|
78 | $2.7B |
|
Q2 2025 13F
Filed Aug 11, 2025
|
79 | $3.1B |
|
Q1 2025 13F
Filed Apr 24, 2025
|
81 | $3.3B |
|
Q4 2024 13F
Filed Feb 6, 2025
|
81 | $3.6B |
|
Q3 2024 13F
Filed Oct 17, 2024
|
82 | $3.6B |
|
Q2 2024 13F
Filed Aug 14, 2024
|
82 | $3.2B |
|
Q1 2024 13F
Filed May 14, 2024
|
86 | $3.7B |
|
Q4 2023 13F
Filed Feb 12, 2024
|
87 | $3.6B |
|
Q3 2023 13F
Filed Nov 6, 2023
|
88 | $3.2B |
|
Q2 2023 13F
Filed Aug 4, 2023
|
87 | $3.6B |
|
Q1 2023 13F
Filed May 3, 2023
|
91 | $3.6B |
|
Q4 2022 13F
Filed Feb 7, 2023
|
89 | $3.7B |
|
Q3 2022 13F
Filed Oct 25, 2022
|
88 | $3.4B |
|
Q2 2022 13F
Filed Aug 1, 2022
|
85 | $6.0B |
|
Q1 2022 13F
Filed Apr 21, 2022
|
88 | $7.4B |
|
Q4 2021 13F
Filed Jan 28, 2022
|
86 | $8.1B |
1 earlier quarter on file — choose one from the quarter menu above.
Top 20 holdings · Q2 2024
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | CNHI CNH INDL N V | $154.8M | 4.85% |
| 2 | MSFT MICROSOFT CORP | $148.8M | 4.66% |
| 3 | GOOGL ALPHABET INC | $115.8M | 3.63% |
| 4 | META META PLATFORMS INC | $110.0M | 3.45% |
| 5 | CCEP COCA-COLA EUROPACIFIC PARTNE | $97.7M | 3.06% |
| 6 | SCCO SOUTHERN COPPER CORP | $82.6M | 2.59% |
| 7 | FISV FISERV INC | $79.0M | 2.47% |
| 8 | CNQ CANADIAN NAT RES LTD | $75.4M | 2.36% |
| 9 | BN BROOKFIELD CORP | $71.6M | 2.24% |
| 10 | TJX TJX COS INC NEW | $69.4M | 2.18% |
| 11 | ADBE ADOBE INC | $66.5M | 2.08% |
| 12 | MKL MARKEL GROUP INC | $63.2M | 1.98% |
| 13 | MA MASTERCARD INCORPORATED | $61.0M | 1.91% |
| 14 | BKNG BOOKING HOLDINGS INC | $60.7M | 1.9% |
| 15 | TMO THERMO FISHER SCIENTIFIC INC | $60.3M | 1.89% |
| 16 | MU MICRON TECHNOLOGY INC | $59.1M | 1.85% |
| 17 | GOOG ALPHABET INC | $56.4M | 1.77% |
| 18 | SPGI S&P GLOBAL INC | $56.1M | 1.76% |
| 19 | TRU TRANSUNION | $55.6M | 1.74% |
| 20 | CP CANADIAN PACIFIC KANSAS CITY | $54.8M | 1.72% |
Values as reported on the Q2 2024 Form 13F. Every position is in the holdings table below.