Institutional Manager · CIK 0001572748
Marathon Trading Investment Management LLC
RADNOR, PA · File #028-16519
Latest AUM
$4.41B
Positions
473
Top-10 Concentration
68.1%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | ISHARES SILVER TR | SLV | +5,367,300 | +$345.8M | +$42.0M |
| ADD | ISHARES SILVER TR | SLV | +5,250,500 | +$338.2M | +$35.6M |
| ADD | NVIDIA CORPORATION | NVDA | +409,100 | +$76.3M | -$848 |
| ADD | NVIDIA CORPORATION | NVDA | +401,252 | +$74.8M | -$214 |
| ADD | ISHARES BITCOIN TRUST ETF | IBIT | +792,800 | +$39.4M | -$333,095 |
| ADD | SPDR GOLD TR | GLD | +77,500 | +$30.7M | +$3.4M |
| ADD | SPDR S&P 500 ETF TR | SPY | +36,500 | +$24.9M | +$61,386 |
| NEW | TESLA INC | TSLA | +52,728 | +$23.7M | $0 |
| ADD | SPDR S&P 500 ETF TR | SPY | +29,804 | +$20.3M | +$18,006 |
| REDUCE | WOLFSPEED INC | WOLF | -1,143,300 | -$19.9M | -$13.0M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025473 pos · $4.41B
- 13F HOLDINGS REPORTQ/E Sep 2025413 pos · $1.45B
- 13F HOLDINGS REPORTQ/E Jun 2025363 pos · $836.5M
- 13F HOLDINGS REPORTQ/E Mar 2025465 pos · $744.7M
- 13F HOLDINGS REPORTQ/E Dec 2024341 pos · $1.82B
- 13F HOLDINGS REPORTQ/E Sep 2024287 pos · $1.11B
- 13F HOLDINGS REPORTQ/E Jun 2024340 pos · $1.32B
- 13F HOLDINGS REPORTQ/E Mar 2024376 pos · $1.31B
- 13F HOLDINGS REPORTQ/E Dec 2023352 pos · $1.20B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ISHARES SILVER TR | SLV | 10,971,200 | $706.8M | 18.78% |
| 2 | ISHARES SILVER TR | SLV | 7,816,400 | $503.5M | 13.38% |
| 3 | ISHARES SILVER TR | SLV | 7,270,900 | $468.4M | 12.44% |
| 4 | ISHARES SILVER TR | SLV | 6,863,000 | $442.1M | 11.75% |
| 5 | TESLA INC | TSLA | 180,500 | $81.2M | 2.16% |
| 6 | NVIDIA CORPORATION | NVDA | 419,700 | $78.3M | 2.08% |
| 7 | NVIDIA CORPORATION | NVDA | 403,925 | $75.3M | 2.00% |
| 8 | TESLA INC | TSLA | 161,600 | $72.7M | 1.93% |
| 9 | NVIDIA CORPORATION | NVDA | 380,000 | $70.9M | 1.88% |
| 10 | SPDR GOLD TR | GLD | 162,500 | $64.4M | 1.71% |
| 11 | SPDR GOLD TR | GLD | 160,000 | $63.4M | 1.68% |
| 12 | NVIDIA CORPORATION | NVDA | 301,739 | $56.3M | 1.50% |
| 13 | TESLA INC | TSLA | 119,500 | $53.7M | 1.43% |
| 14 | TESLA INC | TSLA | 111,700 | $50.2M | 1.33% |
| 15 | APPLE INC | AAPL | 180,000 | $48.9M | 1.30% |
| 16 | APPLE INC | AAPL | 175,000 | $47.6M | 1.26% |
| 17 | AMAZON COM INC | AMZN | 205,486 | $47.4M | 1.26% |
| 18 | AMAZON COM INC | AMZN | 200,000 | $46.2M | 1.23% |
| 19 | ISHARES BITCOIN TRUST ETF | IBIT | 871,600 | $43.3M | 1.15% |
| 20 | ALPHABET INC | GOOG | 130,000 | $40.8M | 1.08% |