MARATHON ASSET MANAGEMENT LP Hedge Fund

Location: New York, NY

CIK: 0001279913 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 18, 2025

Total Value: $75.12M (100.0% shares, 0.0% debt)

Holdings (17)

EAF GRAFTECH INTL LTD 36.1%

Value $27.12M Shares 2,115,389 Share Price $12.82 * Est. Cost/Share $11.57 Unrealized @ Report Date 0.0%

SATS ECHOSTAR CORP 16.8%

Value $12.65M Shares 5,000 Share Price $2531.00 Est. Cost/Share — Unrealized @ Report Date —

CNK CINEMARK HLDGS INC 11.2%

Value $8.406M Shares 300,000 Share Price $28.02 Est. Cost/Share $27.48 Unrealized @ Report Date 0.0%

UNH UNITEDHEALTH GROUP INC 5.7%

Value $4.316M Shares 12,500 Share Price $345.30 * Est. Cost/Share $314.14 Unrealized @ Report Date -4.8%

JHHY JOHN HANCOCK EXCHANGE TRADED 4.3%

Value $3.265M Shares 125,000 Share Price $26.12 Est. Cost/Share $25.21 Unrealized @ Report Date —

AMD ADVANCED MICRO DEVICES INC 4.3%

Value $3.236M Shares 20,000 Share Price $161.79 Est. Cost/Share $111.19 Unrealized @ Report Date +45.1%

ETHA ISHARES ETHEREUM TR 3.6%

Value $2.678M Shares 85,000 Share Price $31.51 Est. Cost/Share $19.07 Unrealized @ Report Date —

BABA ALIBABA GROUP HLDG LTD 2.4%

Value $1.787M Shares 10,000 Share Price $178.73 Est. Cost/Share $146.07 Unrealized @ Report Date —

JD JD.COM INC 2.3%

Value $1.749M Shares 50,000 Share Price $34.98 Est. Cost/Share $34.98 Unrealized @ Report Date —

PYPL PAYPAL HLDGS INC 2.2%

Value $1.677M Shares 25,000 Share Price $67.06 * Est. Cost/Share $69.12 Unrealized @ Report Date +1.7%

IBIT ISHARES BITCOIN TRUST ETF 2.2%

Value $1.625M Shares 25,000 Share Price $65.00 Est. Cost/Share $61.21 Unrealized @ Report Date —

GOOG ALPHABET INC 2.1%

Value $1.542M Shares 6,330 Share Price $243.55 * Est. Cost/Share $182.46 Unrealized @ Report Date +15.1%

NIO NIO INC 2.0%

Value $1.524M Shares 200,000 Share Price $7.62 Est. Cost/Share $3.81 Unrealized @ Report Date —

OSCR OSCAR HEALTH INC 1.9%

Value $1.42M Shares 75,000 Share Price $18.93 * Est. Cost/Share $15.51 Unrealized @ Report Date +6.2%

NBIS NEBIUS GROUP N.V 1.5%

Value $1.123M Shares 10,000 Share Price $112.27 * Est. Cost/Share $32.90 Unrealized @ Report Date +111.0%

KORE KORE GROUP HLDGS INC 1.1%

Value $850K Shares 351,396 Share Price $2.42 Est. Cost/Share $2.35 Unrealized @ Report Date +1.6%

TLT ISHARES TR 0.2%

Value $149K Shares 27,000 Share Price $5.50 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EAF	GRAFTECH INTL LTD	2,115,389	$27.12M	36.1%	$12.82 *	$11.57	0.0%	COM NEW	384313607
SATS	ECHOSTAR CORP	5,000	$12.65M	16.8%	$2531.00	—	—	Call	278768106
CNK	CINEMARK HLDGS INC	300,000	$8.406M	11.2%	$28.02	$27.48	0.0%	COM	17243V102
UNH	UNITEDHEALTH GROUP INC	12,500	$4.316M	5.7%	$345.30 *	$314.14	-4.8%	COM	91324P102
JHHY	JOHN HANCOCK EXCHANGE TRADED	125,000	$3.265M	4.3%	$26.12	$25.21	—	HIGH YIELD ETF	47804J719
AMD	ADVANCED MICRO DEVICES INC	20,000	$3.236M	4.3%	$161.79	$111.19	+45.1%	COM	007903107
ETHA	ISHARES ETHEREUM TR	85,000	$2.678M	3.6%	$31.51	$19.07	—	SHS	46438R105
BABA	ALIBABA GROUP HLDG LTD	10,000	$1.787M	2.4%	$178.73	$146.07	—	SPONSORED ADS	01609W102
JD	JD.COM INC	50,000	$1.749M	2.3%	$34.98	$34.98	—	SPON ADS CL A	47215P106
PYPL	PAYPAL HLDGS INC	25,000	$1.677M	2.2%	$67.06 *	$69.12	+1.7%	COM	70450Y103
IBIT	ISHARES BITCOIN TRUST ETF	25,000	$1.625M	2.2%	$65.00	$61.21	—	SHS BEN INT	46438F101
GOOG	ALPHABET INC	6,330	$1.542M	2.1%	$243.55 *	$182.46	+15.1%	CAP STK CL C	02079K107
NIO	NIO INC	200,000	$1.524M	2.0%	$7.62	$3.81	—	SPON ADS	62914V106
OSCR	OSCAR HEALTH INC	75,000	$1.42M	1.9%	$18.93 *	$15.51	+6.2%	CL A	687793109
NBIS	NEBIUS GROUP N.V	10,000	$1.123M	1.5%	$112.27 *	$32.90	+111.0%	SHS CLASS A	N97284108
KORE	KORE GROUP HLDGS INC	351,396	$850K	1.1%	$2.42	$2.35	+1.6%	COM NEW	50066V305
TLT	ISHARES TR	27,000	$149K	0.2%	$5.50	—	—	Call	464287432