MARATHON ASSET MANAGEMENT LP Hedge Fund

Location: New York, NY

CIK: 0001279913 · Show all filings

Period: Q2 2015 (← Previous) (Next →)

Filing Date: Aug 14, 2015

Total Value: $340M (99.2% shares, 0.8% debt)

Holdings (26)

SPY SPDR S&P 500 ETF TR 30.2%

Value $103M Shares 500,000 Share Price $205.89 Est. Cost/Share — Unrealized @ Report Date —

— CHENIERE ENERGY PTNRS LP HLD 17.4%

Value $59.14M Shares 2,525,352 Share Price $23.42 Est. Cost/Share $21.72 Unrealized @ Report Date —

— NATIONAL OILWELL VARCO INC 11.3%

Value $38.62M Shares 800,000 Share Price $48.28 Est. Cost/Share — Unrealized @ Report Date —

GM GENERAL MTRS CO 9.4%

Value $31.96M Shares 959,000 Share Price $33.33 * Est. Cost/Share $27.84 Unrealized @ Report Date 0.0%

STLD STEEL DYNAMICS INC 4.7%

Value $16.09M Shares 776,931 Share Price $20.71 * Est. Cost/Share $17.16 Unrealized @ Report Date 0.0%

— CAESARS ACQUISITION CO 4.7%

Value $16.07M Shares 2,335,419 Share Price $6.88 Est. Cost/Share $8.96 Unrealized @ Report Date —

NMIH NMI HLDGS INC 4.2%

Value $14.45M Shares 1,801,291 Share Price $8.02 Est. Cost/Share $9.66 Unrealized @ Report Date -18.1%

— UNITED STATES STL CORP NEW 2.8%

Value $9.451M Shares 458,400 Share Price $20.62 Est. Cost/Share — Unrealized @ Report Date —

OSG AMBAC FINL GROUP INC 2.4%

Value $8.132M Shares 488,700 Share Price $16.64 Est. Cost/Share — Unrealized @ Report Date —

WTI W & T OFFSHORE INC 1.9%

Value $6.576M Shares 1,200,000 Share Price $5.48 * Est. Cost/Share $5.75 Unrealized @ Report Date 0.0%

— BASIC ENERGY SVCS INC NEW 1.6%

Value $5.572M Shares 738,000 Share Price $7.55 Est. Cost/Share $7.55 Unrealized @ Report Date —

— NABORS INDUSTRIES LTD 1.5%

Value $5.082M Shares 352,171 Share Price $14.43 Est. Cost/Share $14.43 Unrealized @ Report Date —

EEM ISHARES TR 1.1%

Value $3.626M Shares 91,500 Share Price $39.63 Est. Cost/Share — Unrealized @ Report Date —

RITM NEW RESIDENTIAL INVT CORP 1.0%

Value $3.271M Shares 214,635 Share Price $15.24 Est. Cost/Share $15.15 Unrealized @ Report Date —

— CIVEO CORP 0.9%

Value $3.07M Shares 1,000,000 Share Price $3.07 Est. Cost/Share $3.07 Unrealized @ Report Date —

— SEVENTY SEVEN ENERGY INC 0.9%

Value $2.957M Shares 689,302 Share Price $4.29 Est. Cost/Share $4.29 Unrealized @ Report Date —

— ALPHA NAT RES INC 0.6%

Value $1.941M Shares 27,722,000 Share Price $0.07 Est. Cost/Share $0.60 Unrealized @ Report Date —

PMT PENNYMAC MTG INVT TR 0.5%

Value $1.743M Shares 100,000 Share Price $17.43 Est. Cost/Share $21.05 Unrealized @ Report Date —

PGN1EUR PARAGON OFFSHORE PLC 0.5%

Value $1.581M Shares 1,450,000 Share Price $1.09 Est. Cost/Share $1.09 Unrealized @ Report Date —

— ENERGY XXI LTD 0.5%

Value $1.578M Shares 600,000 Share Price $2.63 Est. Cost/Share $2.63 Unrealized @ Report Date —

— CHIMERA INVT CORP 0.4%

Value $1.478M Shares 107,800 Share Price $13.71 Est. Cost/Share $13.71 Unrealized @ Report Date —

TEO TELECOM ARGENTINA S A 0.4%

Value $1.349M Shares 75,000 Share Price $17.99 Est. Cost/Share $17.99 Unrealized @ Report Date —

— COMSTOCK RES INC 0.4%

Value $1.331M Shares 400,000 Share Price $3.33 Est. Cost/Share $3.33 Unrealized @ Report Date —

— CAESARS ENTMT CORP 0.3%

Value $938K Shares 153,360 Share Price $6.12 Est. Cost/Share $13.50 Unrealized @ Report Date —

— CHC GROUP LTD 0.2%

Value $802K Shares 900,000 Share Price $0.89 Est. Cost/Share $0.89 Unrealized @ Report Date —

— ALPHA NAT RES INC 0.2%

Value $733K Shares 8,144,000 Share Price $0.09 Est. Cost/Share $0.42 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	500,000	$103M	30.2%	$205.89	—	—	Put	78462F103
—	CHENIERE ENERGY PTNRS LP HLD	2,525,352	$59.14M	17.4%	$23.42	$21.72	—	COM REP LLC IN	16411W108
—	NATIONAL OILWELL VARCO INC	800,000	$38.62M	11.3%	$48.28	—	—	Put	637071101
GM	GENERAL MTRS CO	959,000	$31.96M	9.4%	$33.33 *	$27.84	0.0%	COM	37045V100
STLD	STEEL DYNAMICS INC	776,931	$16.09M	4.7%	$20.71 *	$17.16	0.0%	COM	858119100
—	CAESARS ACQUISITION CO	2,335,419	$16.07M	4.7%	$6.88	$8.96	—	CL A	12768T103
NMIH	NMI HLDGS INC	1,801,291	$14.45M	4.2%	$8.02	$9.66	-18.1%	CL A	629209305
—	UNITED STATES STL CORP NEW	458,400	$9.451M	2.8%	$20.62	—	—	Put	912909108
OSG	AMBAC FINL GROUP INC	488,700	$8.132M	2.4%	$16.64	—	—	Call	023139884
WTI	W & T OFFSHORE INC	1,200,000	$6.576M	1.9%	$5.48 *	$5.75	0.0%	COM	92922P106
—	BASIC ENERGY SVCS INC NEW	738,000	$5.572M	1.6%	$7.55	$7.55	—	COM	06985P100
—	NABORS INDUSTRIES LTD	352,171	$5.082M	1.5%	$14.43	$14.43	—	SHS	G6359F103
EEM	ISHARES TR	91,500	$3.626M	1.1%	$39.63	—	—	Call	464287234
RITM	NEW RESIDENTIAL INVT CORP	214,635	$3.271M	1.0%	$15.24	$15.15	—	COM NEW	64828T201
—	CIVEO CORP	1,000,000	$3.07M	0.9%	$3.07	$3.07	—	COM	178787107
—	SEVENTY SEVEN ENERGY INC	689,302	$2.957M	0.9%	$4.29	$4.29	—	COM	818097107
—	ALPHA NAT RES INC	27,722,000	$1.941M	0.6%	$0.07	$0.60	—	NOTE 4.875%12/1	02076XAF9
PMT	PENNYMAC MTG INVT TR	100,000	$1.743M	0.5%	$17.43	$21.05	—	COM	70931T103
PGN1EUR	PARAGON OFFSHORE PLC	1,450,000	$1.581M	0.5%	$1.09	$1.09	—	SHS	G6S01W108
—	ENERGY XXI LTD	600,000	$1.578M	0.5%	$2.63	$2.63	—	USD UNRS SHS	G10082140
—	CHIMERA INVT CORP	107,800	$1.478M	0.4%	$13.71	$13.71	—	COM NEW	16934Q208
TEO	TELECOM ARGENTINA S A	75,000	$1.349M	0.4%	$17.99	$17.99	—	SPON ADR REP B	879273209
—	COMSTOCK RES INC	400,000	$1.331M	0.4%	$3.33	$3.33	—	COM NEW	205768203
—	CAESARS ENTMT CORP	153,360	$938K	0.3%	$6.12	$13.50	—	COM	127686103
—	CHC GROUP LTD	900,000	$802K	0.2%	$0.89	$0.89	—	SHS	G07021101
—	ALPHA NAT RES INC	8,144,000	$733K	0.2%	$0.09	$0.42	—	NOTE 3.750%12/1	02076XAE2