13F HOLDINGS REPORT
Marathon Asset Management Ltd
Quarter ended Q1 2025 · Filed April 24, 2025 · Accession 0001861026-25-000006
Total Value
$3.27B
Positions
81
Other Managers
0
Confidential Omitted
No
Holdings (81)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | FLUTTER ENTMT PLC | G3643J108 | 1,768,835 | $391.9M | 11.98% |
| 2 | CNH INDL N V | N20944109 | 13,748,264 | $168.8M | 5.16% |
| 3 | AMAZON COM INC | AMZN | 591,042 | $112.2M | 3.43% |
| 4 | COCA-COLA EUROPACIFIC PARTNE | CCEP | 1,229,904 | $107.0M | 3.27% |
| 5 | ELEVANCE HEALTH INC | ELV | 240,582 | $104.6M | 3.20% |
| 6 | FISERV INC | FISV | 424,840 | $93.8M | 2.87% |
| 7 | META PLATFORMS INC | META | 153,671 | $88.6M | 2.71% |
| 8 | MICROSOFT CORP | MSFT | 232,793 | $87.4M | 2.67% |
| 9 | BROOKFIELD CORP | 11271J107 | 1,595,107 | $83.5M | 2.55% |
| 10 | ALPHABET INC | GOOG | 519,800 | $80.4M | 2.46% |
| 11 | SOUTHERN COPPER CORP | SCCO | 753,499 | $70.4M | 2.15% |
| 12 | VIPSHOP HLDGS LTD | VIPS | 4,141,135 | $64.9M | 1.98% |
| 13 | VISA INC | V | 184,927 | $64.8M | 1.98% |
| 14 | MARKEL GROUP INC | MKL | 33,040 | $61.8M | 1.89% |
| 15 | CANADIAN NAT RES LTD | 136385101 | 1,941,071 | $60.5M | 1.85% |
| 16 | TRANSUNION | TRU | 702,831 | $58.3M | 1.78% |
| 17 | PAYCOM SOFTWARE INC | PAYC | 264,976 | $57.9M | 1.77% |
| 18 | FRANCO NEV CORP | FNV | 351,677 | $55.3M | 1.69% |
| 19 | MASTERCARD INCORPORATED | MA | 96,404 | $52.7M | 1.61% |
| 20 | PROGRESSIVE CORP | 743315103 | 167,794 | $47.5M | 1.45% |
| 21 | TENCENT MUSIC ENTMT GROUP | XHLD | 3,276,573 | $47.2M | 1.44% |
| 22 | NVIDIA CORPORATION | NVDA | 428,535 | $46.5M | 1.42% |
| 23 | COPA HOLDINGS SA | CPA | 493,207 | $45.6M | 1.39% |
| 24 | CANADIAN PACIFIC KANSAS CITY | CP | 644,340 | $45.3M | 1.38% |
| 25 | ORACLE CORP | ORCL-PD | 319,122 | $44.6M | 1.36% |
| 26 | CME GROUP INC | CME | 161,614 | $42.9M | 1.31% |
| 27 | BANK NOVA SCOTIA HALIFAX | 064149107 | 886,594 | $42.1M | 1.29% |
| 28 | MICRON TECHNOLOGY INC | MU | 476,465 | $41.5M | 1.27% |
| 29 | GILDAN ACTIVEWEAR INC | GIL | 907,258 | $40.3M | 1.23% |
| 30 | CEMEX SAB DE CV | CXMSF | 6,800,995 | $38.2M | 1.17% |
| 31 | LAUREATE EDUCATION INC | LAUR | 1,816,234 | $37.1M | 1.14% |
| 32 | ALPHABET INC | GOOG | 235,053 | $36.7M | 1.12% |
| 33 | HDFC BANK LTD | HDB | 550,623 | $36.6M | 1.12% |
| 34 | AUTODESK INC | ADSK | 139,500 | $36.5M | 1.12% |
| 35 | ELECTRONIC ARTS INC | EA | 245,681 | $35.5M | 1.09% |
| 36 | THERMO FISHER SCIENTIFIC INC | TMO | 68,635 | $34.2M | 1.04% |
| 37 | ADOBE INC | ADBE | 87,306 | $33.5M | 1.02% |
| 38 | ALIGN TECHNOLOGY INC | ALGN | 191,714 | $30.5M | 0.93% |
| 39 | INTERACTIVE BROKERS GROUP IN | 45841N107 | 182,538 | $30.2M | 0.92% |
| 40 | IQVIA HLDGS INC | IQV | 171,407 | $30.2M | 0.92% |
| 41 | S&P GLOBAL INC | SPGI | 57,796 | $29.4M | 0.90% |
| 42 | OPENLANE INC | OPLN | 1,470,640 | $28.4M | 0.87% |
| 43 | BOOKING HOLDINGS INC | BKNG | 5,896 | $27.2M | 0.83% |
| 44 | MERCK & CO INC | MRK | 283,481 | $25.7M | 0.78% |
| 45 | TJX COS INC NEW | 872540109 | 174,457 | $21.2M | 0.65% |
| 46 | ROYALTY PHARMA PLC | RPRX | 646,246 | $20.1M | 0.61% |
| 47 | BROOKFIELD ASSET MANAGMT LTD | 113004105 | 397,477 | $19.2M | 0.59% |
| 48 | LYONDELLBASELL INDUSTRIES N | LYB | 272,046 | $19.2M | 0.59% |
| 49 | NEWMONT CORP | NEMCL | 346,150 | $16.7M | 0.51% |
| 50 | ENVISTA HOLDINGS CORPORATION | NVST | 963,584 | $16.6M | 0.51% |
| 51 | HENRY SCHEIN INC | HSIC | 236,745 | $16.2M | 0.50% |
| 52 | BAKER HUGHES COMPANY | BKR | 365,565 | $16.1M | 0.49% |
| 53 | DOLLAR TREE INC | DLTR | 197,723 | $14.8M | 0.45% |
| 54 | AIR LEASE CORP | AIIR | 305,474 | $14.8M | 0.45% |
| 55 | BIO RAD LABS INC | 090572207 | 60,655 | $14.8M | 0.45% |
| 56 | CABLE ONE INC | CABO | 55,521 | $14.8M | 0.45% |
| 57 | C H ROBINSON WORLDWIDE INC | CHRW | 141,087 | $14.5M | 0.44% |
| 58 | SEALED AIR CORP NEW | SE | 500,528 | $14.5M | 0.44% |
| 59 | MAGNA INTL INC | 559222401 | 419,584 | $14.3M | 0.44% |
| 60 | ARCHER DANIELS MIDLAND CO | ADM | 296,408 | $14.2M | 0.43% |
| 61 | FREEPORT-MCMORAN INC | FCX | 368,180 | $13.9M | 0.43% |
| 62 | HEALTHCARE SVCS GROUP INC | 421906108 | 1,293,415 | $13.0M | 0.40% |
| 63 | VAIL RESORTS INC | MTN | 80,208 | $13.0M | 0.40% |
| 64 | AXALTA COATING SYS LTD | AXTA | 382,720 | $12.7M | 0.39% |
| 65 | WESCO INTL INC | 95082P105 | 79,223 | $12.3M | 0.38% |
| 66 | WABTEC | 929740108 | 66,874 | $12.1M | 0.37% |
| 67 | COCA COLA CONS INC | COKE | 8,774 | $11.8M | 0.36% |
| 68 | TELEFLEX INCORPORATED | TFX | 85,552 | $11.8M | 0.36% |
| 69 | WELLS FARGO CO NEW | 949746101 | 151,131 | $10.8M | 0.33% |
| 70 | WILLSCOT MOBIL MINI HLDNG CO | WSC | 390,060 | $10.8M | 0.33% |
| 71 | CARMAX INC | KMX | 133,806 | $10.4M | 0.32% |
| 72 | VONTIER CORPORATION | VNT | 313,221 | $10.3M | 0.31% |
| 73 | ROGERS CORP | ROG | 147,138 | $9.9M | 0.30% |
| 74 | WEYERHAEUSER CO MTN BE | WY | 337,797 | $9.9M | 0.30% |
| 75 | DONNELLEY FINL SOLUTIONS INC | 25787G100 | 205,688 | $9.0M | 0.27% |
| 76 | FTI CONSULTING INC | FCN | 53,810 | $8.8M | 0.27% |
| 77 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 52,253 | $8.7M | 0.27% |
| 78 | TERADATA CORP DEL | TDC | 369,701 | $8.3M | 0.25% |
| 79 | NLIGHT INC | LASR | 746,464 | $5.8M | 0.18% |
| 80 | BARRICK GOLD CORP | 067901108 | 227,886 | $4.4M | 0.14% |
| 81 | INMODE LTD | INMD | 187,259 | $3.3M | 0.10% |