MARATHON ASSET MANAGEMENT LTD

Filed: 2/7/2023ACC: 0001861026-23-000005

📋 What this filing means

MARATHON ASSET MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 89 equity positions with a total reported market value of $3.71B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$3.71B

Total AUM (reported)

68.01M

Total Shares

Allocation by class

COMMON$3.71B100.0%

Portfolio Concentration

Top 3$347.91M9.4%

4–10$569.61M15.3%

11–25$958.52M25.8%

Rest$1.83B49.4%

Top 3 weight

9.4%

Top 10 weight

24.7%

Voting Authority Distribution

Total shares with voting rights: 68.01M

Sole

Full voting authority

54.48M

% of voting shares80.1%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

13.53M

% of voting shares19.9%

Investment Discretion (by position count)

Sole89

Shared0

Other0

Dominant voting typeSole · 80.1% of voting shares

Institutional Holdings89

Rows:

HDFC BANK LTD

SOLE

COMMON

Shares1.91M

TypeSH

Market value$130.36M

3.51%

Sole

0.00

Shared

0.00

None

1.91M

MICROSOFT CORP

SOLE

COMMON

Shares459.11K

TypeSH

Market value$110.10M

2.97%

Sole

424.12K

Shared

0.00

None

34.98K

CANADIAN NAT RES LTD

SOLE

COMMON

Shares1.92M

TypeSH

Market value$107.45M

2.90%

Sole

1.36M

Shared

0.00

None

552.62K

THERMO FISHER SCIENTIFIC INC

SOLE

COMMON

Shares162.66K

TypeSH

Market value$89.62M

2.42%

Sole

150.40K

Shared

0.00

None

12.26K

BROOKFIELD CORP

SOLE

COMMON

Shares2.63M

TypeSH

Market value$82.62M

2.23%

Sole

1.87M

Shared

0.00

None

763.53K

CANADIAN PAC RY LTD

SOLE

COMMON

Shares1.08M

TypeSH

Market value$80.98M

2.18%

Sole

777.28K

Shared

0.00

None

307.72K

COCA-COLA EUROPACIFIC PARTNE

SOLE

COMMON

Shares1.45M

TypeSH

Market value$80.22M

2.16%

Sole

1.32M

Shared

0.00

None

131.18K

SOUTHERN COPPER CORP

SOLE

COMMON

Shares1.32M

TypeSH

Market value$79.72M

2.15%

Sole

1.19M

Shared

0.00

None

130.90K

TJX COS INC NEW

SOLE

COMMON

Shares991.67K

TypeSH

Market value$78.94M

2.13%

Sole

912.74K

Shared

0.00

None

78.94K

MARKEL CORP

SOLE

COMMON

Shares58.84K

TypeSH

Market value$77.51M

2.09%

Sole

54.36K

Shared

0.00

None

4.48K

JOHNSON & JOHNSON

SOLE

COMMON

Shares418.44K

TypeSH

Market value$73.92M

1.99%

Sole

385.35K

Shared

0.00

None

33.09K

ADOBE SYSTEMS INCORPORATED

SOLE

COMMON

Shares217.12K

TypeSH

Market value$73.07M

1.97%

Sole

200.67K

Shared

0.00

None

16.45K

FISERV INC

SOLE

COMMON

Shares712.18K

TypeSH

Market value$71.98M

1.94%

Sole

658.43K

Shared

0.00

None

53.75K

ALPHABET INC

SOLE

COMMON

Shares813.88K

TypeSH

Market value$71.81M

1.94%

Sole

754.63K

Shared

0.00

None

59.25K

MASTERCARD INCORPORATED

SOLE

COMMON

Shares201.76K

TypeSH

Market value$70.16M

1.89%

Sole

187.23K

Shared

0.00

None

14.53K

MERCK & CO INC

SOLE

COMMON

Shares587.74K

TypeSH

Market value$65.60M

1.77%

Sole

541.26K

Shared

0.00

None

46.48K

INFOSYS LTD

SOLE

COMMON

Shares3.59M

TypeSH

Market value$64.62M

1.74%

Sole

0.00

Shared

0.00

None

3.59M

BAIDU INC

SOLE

COMMON

Shares557.98K

TypeSH

Market value$63.82M

1.72%

Sole

0.00

Shared

0.00

None

557.98K

ORACLE CORP

SOLE

COMMON

Shares778.91K

TypeSH

Market value$63.67M

1.72%

Sole

719.25K

Shared

0.00

None

59.67K

ANALOG DEVICES INC

SOLE

COMMON

Shares377.17K

TypeSH

Market value$61.87M

1.67%

Sole

347.29K

Shared

0.00

None

29.87K

RITCHIE BROS AUCTIONEERS

SOLE

COMMON

Shares1.01M

TypeSH

Market value$58.29M

1.57%

Sole

723.45K

Shared

0.00

None

286.28K

FAIR ISAAC CORP

SOLE

COMMON

Shares94.15K

TypeSH

Market value$56.35M

1.52%

Sole

87.10K

Shared

0.00

None

7.06K

ELECTRONIC ARTS INC

SOLE

COMMON

Shares457.29K

TypeSH

Market value$55.87M

1.51%

Sole

422.86K

Shared

0.00

None

34.43K

MANCHESTER UTD PLC NEW

SOLE

COMMON

Shares2.36M

TypeSH

Market value$55.12M

1.49%

Sole

2.18M

Shared

0.00

None

186.10K

META PLATFORMS INC

SOLE

COMMON

Shares435.23K

TypeSH

Market value$52.38M

1.41%

Sole

402.43K

Shared

0.00

None

32.80K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
HDFC BANK LTDSOLE	COMMON	1.91M	SH	$130.36M 3.51%	0.00	1.91M
MICROSOFT CORPSOLE	COMMON	459.11K	SH	$110.10M 2.97%	424.12K	34.98K
CANADIAN NAT RES LTDSOLE	COMMON	1.92M	SH	$107.45M 2.90%	1.36M	552.62K
THERMO FISHER SCIENTIFIC INCSOLE	COMMON	162.66K	SH	$89.62M 2.42%	150.40K	12.26K
BROOKFIELD CORPSOLE	COMMON	2.63M	SH	$82.62M 2.23%	1.87M	763.53K
CANADIAN PAC RY LTDSOLE	COMMON	1.08M	SH	$80.98M 2.18%	777.28K	307.72K
COCA-COLA EUROPACIFIC PARTNESOLE	COMMON	1.45M	SH	$80.22M 2.16%	1.32M	131.18K
SOUTHERN COPPER CORPSOLE	COMMON	1.32M	SH	$79.72M 2.15%	1.19M	130.90K
TJX COS INC NEWSOLE	COMMON	991.67K	SH	$78.94M 2.13%	912.74K	78.94K
MARKEL CORPSOLE	COMMON	58.84K	SH	$77.51M 2.09%	54.36K	4.48K
JOHNSON & JOHNSONSOLE	COMMON	418.44K	SH	$73.92M 1.99%	385.35K	33.09K
ADOBE SYSTEMS INCORPORATEDSOLE	COMMON	217.12K	SH	$73.07M 1.97%	200.67K	16.45K
FISERV INCSOLE	COMMON	712.18K	SH	$71.98M 1.94%	658.43K	53.75K
ALPHABET INCSOLE	COMMON	813.88K	SH	$71.81M 1.94%	754.63K	59.25K
MASTERCARD INCORPORATEDSOLE	COMMON	201.76K	SH	$70.16M 1.89%	187.23K	14.53K
MERCK & CO INCSOLE	COMMON	587.74K	SH	$65.60M 1.77%	541.26K	46.48K
INFOSYS LTDSOLE	COMMON	3.59M	SH	$64.62M 1.74%	0.00	3.59M
BAIDU INCSOLE	COMMON	557.98K	SH	$63.82M 1.72%	0.00	557.98K
ORACLE CORPSOLE	COMMON	778.91K	SH	$63.67M 1.72%	719.25K	59.67K
ANALOG DEVICES INCSOLE	COMMON	377.17K	SH	$61.87M 1.67%	347.29K	29.87K
RITCHIE BROS AUCTIONEERSSOLE	COMMON	1.01M	SH	$58.29M 1.57%	723.45K	286.28K
FAIR ISAAC CORPSOLE	COMMON	94.15K	SH	$56.35M 1.52%	87.10K	7.06K
ELECTRONIC ARTS INCSOLE	COMMON	457.29K	SH	$55.87M 1.51%	422.86K	34.43K
MANCHESTER UTD PLC NEWSOLE	COMMON	2.36M	SH	$55.12M 1.49%	2.18M	186.10K
META PLATFORMS INCSOLE	COMMON	435.23K	SH	$52.38M 1.41%	402.43K	32.80K

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