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Marathon Asset Management LTD

CIK:0001861026
Asset Manager
$24B AUM
78 holdings
London, United Kingdom
Founded:1998
190 employees
Latest filing:Sep 30, 2025

Marathon Asset Management Ltd is the London-based arm of Marathon Asset Management, a leading global asset manager founded in 1998. The firm specializes in public and private credit markets, including direct lending, opportunistic credit, asset-based lending, transportation finance, healthcare finance, and real estate finance. Marathon operates globally with over 190 employees and manages investments across more than 90 countries, serving institutional clients such as pension funds, endowments, insurance companies, and other large-scale investors. Marathon Asset Management has invested over $250 billion since inception and remains focused on rigorous risk management and disciplined investment processes.

Investment Strategy

Marathon Asset Management Ltd employs a multi-strategy approach focused on global credit markets, targeting diversified opportunities in direct lending, opportunistic credit, asset-based lending, transportation, healthcare, real estate, and specialty finance. The cornerstone of its investment philosophy is robust risk management with cycle-tested market intelligence, tailored transaction structuring, thoughtful portfolio construction, and disciplined oversight via risk committees. The firm aims to deliver superior returns through deep specialization, scale, speed, and collaboration, leveraging real-time intelligence and an integrated global platform to identify and capitalize on credit market inefficiencies across public and private sectors.

Top Buys
T
TIGOMILLICOM INTL CELLULAR S A
+$47.8M
F
FNVFRANCO NEV CORP
+$15.1M
S
SWSMURFIT WESTROCK PLC
+$10.4M
L
LAURLAUREATE EDUCATION INC
+$10.3M
S
SCCOSOUTHERN COPPER CORP
+$10.1M
Top Sells
A
ADBEADOBE INC
-$33.3M
F
FIFISERV INC
-$28.7M
G
GOOGALPHABET INC
-$27.4M
M
METAMETA PLATFORMS INC
-$24.1M
A
AMZNAMAZON COM INC
-$22.3M

Top Holdings

A
AMZNAMAZON COM INC
+4.2%$113.6M
C
CCEPCOCA-COLA EUROPACIFIC PARTNE
+3.9%$105.3M
M
MSFTMICROSOFT CORP
+3.5%$95.7M
B
BNBROOKFIELD CORP
+3.5%$95.4M
G
GOOGLALPHABET INC
+3.4%$91.8M

Equity Positions (77)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
A
AMZN
AMAZON COM INC4.18%$113.6M517,446$187.82$219.57-$22.3M
C
CCEP
COCA-COLA EUROPACIFIC PARTNE3.88%$105.3M1,165,190$56.36$90.41-$4.1M
M
MSFT
MICROSOFT CORP3.52%$95.7M184,741$336.34$517.95-$18.6M
B
BN
BROOKFIELD CORP3.51%$95.4M1,390,733$35.65$45.72+$4.4M
G
GOOGL
ALPHABET INC3.38%$91.8M377,542$133.13$243.10+$1.2M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+8.4%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+7.4%
RETAIL-CATALOG & MAIL-ORDER HOUSES
+6.4%
SERVICES-BUSINESS SERVICES, NEC
+5.5%
SEMICONDUCTORS & RELATED DEVICES
+4.9%