MARATHON ASSET MANAGEMENT LP Hedge Fund

CIK: 0001279913 · Show all filings

Period: Q4 2014 (← Previous) (Next →)

Filing Date: Feb 13, 2015

Total Value ($000): $1,304,118 (98.5% shares, 1.5% debt)

Holdings (21)

SPY SPDR S&P 500 ETF TR 70.9%

Value ($000) $924,931 Shares 4,500,000 Est. Cost — Unrealized —

SPY SPDR S&P 500 ETF TR 7.9%

Value ($000) $102,770 Shares 500,000 Est. Cost — Unrealized —

— CHENIERE ENERGY PTNRS LP HLD 4.4%

Value ($000) $56,972 Shares 2,528,700 Est. Cost $21.72 Unrealized —

GM GENERAL MTRS CO 3.5%

Value ($000) $45,139 Shares 1,293,000 Est. Cost $26.04 Unrealized -5.9%

GM GENERAL MTRS CO 2.5%

Value ($000) $31,989 Shares 916,317 Est. Cost $26.04 Unrealized -5.9%

ALLY ALLY FINL INC 1.6%

Value ($000) $21,245 Shares 899,418 Est. Cost $18.86 Unrealized -8.4%

— NEWFIELD EXPL CO 1.6%

Value ($000) $20,340 Shares 750,000 Est. Cost $27.12 Unrealized —

— WHITING PETE CORP NEW 1.5%

Value ($000) $19,800 Shares 600,000 Est. Cost $33.00 Unrealized —

— CAESARS ACQUISITION CO 1.3%

Value ($000) $17,359 Shares 1,683,673 Est. Cost $9.77 Unrealized —

NMIH NMI HLDGS INC 1.2%

Value ($000) $15,532 Shares 1,701,291 Est. Cost $9.76 Unrealized -9.2%

TECK TECK RESOURCES LTD 0.9%

Value ($000) $11,321 Shares 830,000 Est. Cost — Unrealized —

— ALPHA NATURAL RESOURCES INC 0.8%

Value ($000) $10,915 Shares 29,500,000 Est. Cost $0.60 Unrealized —

— ALPHA NATURAL RESOURCES INC 0.7%

Value ($000) $8,771 Shares 17,900,000 Est. Cost $0.61 Unrealized —

YPF YPF SOCIEDAD ANONIMA 0.3%

Value ($000) $3,971 Shares 150,000 Est. Cost $26.47 Unrealized —

— CAESARS ENTMT CORP 0.3%

Value ($000) $3,780 Shares 280,000 Est. Cost $13.50 Unrealized —

— MARKET VECTORS ETF TR 0.2%

Value ($000) $2,926 Shares 200,000 Est. Cost $14.63 Unrealized —

PMT PENNYMAC MTG INVT TR 0.2%

Value ($000) $2,110 Shares 100,000 Est. Cost $21.05 Unrealized —

— CHIMERA INVT CORP 0.1%

Value ($000) $1,714 Shares 539,000 Est. Cost $3.00 Unrealized —

PBR PETROLEO BRASILEIRO SA PETRO 0.1%

Value ($000) $1,460 Shares 200,000 Est. Cost $7.30 Unrealized —

— MIDSTATES PETE CO INC 0.0%

Value ($000) $612 Shares 413,358 Est. Cost $1.48 Unrealized —

— QUICKSILVER RESOURCES INC 0.0%

Value ($000) $461 Shares 2,322,381 Est. Cost $1.56 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	4,500,000	$924,931	70.9%	—	—	Put	78462F103
SPY	SPDR S&P 500 ETF TR	500,000	$102,770	7.9%	—	—	Call	78462F103
—	CHENIERE ENERGY PTNRS LP HLD	2,528,700	$56,972	4.4%	$21.72	—	COM REP LLC IN	16411W108
GM	GENERAL MTRS CO	1,293,000	$45,139	3.5%	$26.04	-5.9%	Call	37045V100
GM	GENERAL MTRS CO	916,317	$31,989	2.5%	$26.04	-5.9%	COM	37045V100
ALLY	ALLY FINL INC	899,418	$21,245	1.6%	$18.86	-8.4%	COM	02005N100
—	NEWFIELD EXPL CO	750,000	$20,340	1.6%	$27.12	—	COM	651290108
—	WHITING PETE CORP NEW	600,000	$19,800	1.5%	$33.00	—	COM	966387102
—	CAESARS ACQUISITION CO	1,683,673	$17,359	1.3%	$9.77	—	CL A	12768T103
NMIH	NMI HLDGS INC	1,701,291	$15,532	1.2%	$9.76	-9.2%	CL A	629209305
TECK	TECK RESOURCES LTD	830,000	$11,321	0.9%	—	—	Put	878742204
—	ALPHA NATURAL RESOURCES INC	29,500,000	$10,915	0.8%	$0.60	—	NOTE 4.875%12/1	02076XAF9
—	ALPHA NATURAL RESOURCES INC	17,900,000	$8,771	0.7%	$0.61	—	NOTE 3.750%12/1	02076XAE2
YPF	YPF SOCIEDAD ANONIMA	150,000	$3,971	0.3%	$26.47	—	SPON ADR CL D	984245100
—	CAESARS ENTMT CORP	280,000	$3,780	0.3%	$13.50	—	COM	127686103
—	MARKET VECTORS ETF TR	200,000	$2,926	0.2%	$14.63	—	RUSSIA ETF	57060U506
PMT	PENNYMAC MTG INVT TR	100,000	$2,110	0.2%	$21.05	—	COM	70931T103
—	CHIMERA INVT CORP	539,000	$1,714	0.1%	$3.00	—	COM	16934Q109
PBR	PETROLEO BRASILEIRO SA PETRO	200,000	$1,460	0.1%	$7.30	—	SPONSORED ADR	71654V408
—	MIDSTATES PETE CO INC	413,358	$612	0.0%	$1.48	—	COM	59804T100
—	QUICKSILVER RESOURCES INC	2,322,381	$461	0.0%	$1.56	—	COM	74837R104