Marathon Asset Management LP
Marathon Asset Management LP is a global credit investment manager headquartered in New York, NY. Founded in 1998, the firm specializes in opportunistic investing across sectors such as corporate, real estate, structured credit, and emerging markets debt. With an international team of approximately 194 employees, Marathon serves institutional investors including pension funds, endowments, and sovereign wealth funds, offering investment advisory and hedge fund services.
Investment Strategy
Marathon Asset Management employs a multi-strategy credit investment approach with a focus on opportunistic and relative value investing across the global credit markets. The firm seeks to capitalize on market inefficiencies, dislocations, and complex situations, investing in high yield, distressed, structured credit, leveraged loans, and emerging markets fixed income. Their philosophy incorporates rigorous bottom-up fundamental research, capital structure analysis, and active portfolio management to generate superior risk-adjusted returns.
Top Holdings
Equity Positions (13)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) | 
|---|---|---|---|---|---|---|---|
| EEAF | GRAFTECH INTL LTD | 44.90% | $19.8M | 20,375,112 | $0.92 | $0.97 | +$2.9M | 
| AAMD | ADVANCED MICRO DEVICES INC | 8.04% | $3.5M | 25,000 | $102.74 | $141.90 | +$979.0K | 
| JJHHY | JOHN HANCOCK EXCHANGE TRADED | 7.31% | $3.2M | 125,000 | $25.19 | $25.80 | +$53.8K | 
| EETHA | ISHARES ETHEREUM TR | 6.91% | $3.1M | 160,000 | $19.07 | $19.07 | +$3.1M | 
| GGOOG | ALPHABET INC | 5.09% | $2.2M | 12,660 | $156.23 | $177.39 | +$267.9K | 
Options Positions (3)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) | 
|---|---|---|---|---|---|---|---|---|---|
| TTLT | ISHARES TR | Sold | Call | $1.4M | 270 | $88.25 | $90.75 | -90 | -$1.4M | 
| SSPY | SPDR S&P 500 ETF TR | Bought | Put | $825.0K | 60 | $617.85 | $617.85 | +60 | +$825.0K | 
| CCORZ | CORE SCIENTIFIC INC NEW | New | Call | $26.0K | 10 | $17.07 | $17.07 | +10 | +$26.0K |