MARATHON ASSET MANAGEMENT LP Hedge Fund

Location: New York, NY

CIK: 0001279913 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $12.01M (100.0% shares, 0.0% debt)

Holdings (3)

Increased Positions (1)

TLT ISHARES TR 5.2%

Value $630K (+8300.0%) Shares 9,000 (+200.0%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TLT	ISHARES TR	9,000 (+200.0%)	$630K (+8300.0%)	5.2%	—	—	CALL	464287432

Exited Positions (10)

SPY SPDR S&P 500 ETF TR 201.6%

Value $24.22M Shares 35,000 Est. Cost $691.97 Unrealized —

UNH UNITEDHEALTH GROUP INC 23.9%

Value $2.869M Shares 10,000 Est. Cost $314.14 Unrealized -1.7%

PYPL PAYPAL HLDGS INC 21.9%

Value $2.635M Shares 50,000 Est. Cost $66.98 Unrealized -25.2%

IBIT ISHARES BITCOIN TRUST ETF 18.6%

Value $2.232M Shares 47,000 Est. Cost $54.79 Unrealized —

JD JD.COM INC 17.8%

Value $2.136M Shares 75,000 Est. Cost $32.81 Unrealized —

— CABLE ONE INC 16.4%

Value $1.965M Shares 2,000,000 Est. Cost $0.98 Unrealized —

BABA ALIBABA GROUP HLDG LTD 14.1%

Value $1.696M Shares 10,000 Est. Cost $146.07 Unrealized —

OSCR OSCAR HEALTH INC 11.9%

Value $1.435M Shares 100,000 Est. Cost $15.96 Unrealized -7.7%

NIO NIO INC 7.8%

Value $940K Shares 200,000 Est. Cost $3.81 Unrealized —

NBIS NEBIUS GROUP N.V. 7.1%

Value $852K Shares 10,000 Est. Cost $32.90 Unrealized +193.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	35,000	$24.22M	201.6%	$691.97	—	—	78462F103
UNH	UNITEDHEALTH GROUP INC	10,000	$2.869M	23.9%	$314.14	-1.7%	—	91324P102
PYPL	PAYPAL HLDGS INC	50,000	$2.635M	21.9%	$66.98	-25.2%	—	70450Y103
IBIT	ISHARES BITCOIN TRUST ETF	47,000	$2.232M	18.6%	$54.79	—	—	46438F101
JD	JD.COM INC	75,000	$2.136M	17.8%	$32.81	—	—	47215P106
—	CABLE ONE INC	2,000,000	$1.965M	16.4%	$0.98	—	—	12685JAE5
BABA	ALIBABA GROUP HLDG LTD	10,000	$1.696M	14.1%	$146.07	—	—	01609W102
OSCR	OSCAR HEALTH INC	100,000	$1.435M	11.9%	$15.96	-7.7%	—	687793109
NIO	NIO INC	200,000	$940K	7.8%	$3.81	—	—	62914V106
NBIS	NEBIUS GROUP N.V.	10,000	$852K	7.1%	$32.90	+193.0%	—	N97284108

Decreased Positions (1)

EAF GRAFTECH INTL LTD SR NT 68.4%

Value $8.215M (-59.1%) Shares 1,211,615 (-8.9%) Est. Cost $11.57 Unrealized +14.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EAF	GRAFTECH INTL LTD SR NT	1,211,615 (-8.9%)	$8.215M (-59.1%)	68.4%	$11.57	+14.5%	COM NEW	384313607

Unchanged Positions (1)

JHHY JOHN HANCOCK EXCHANGE TRADED 26.4%

Value $3.168M Shares 125,000 Est. Cost $25.21 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JHHY	JOHN HANCOCK EXCHANGE TRADED	125,000	$3.168M	26.4%	$25.21	—	HIGH YIELD ETF	47804J719