MARATHON ASSET MANAGEMENT LTD

Filed: 5/3/2023ACC: 0001861026-23-000009

📋 What this filing means

MARATHON ASSET MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 91 equity positions with a total reported market value of $3.58B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$3.58B

Total AUM (reported)

60.42M

Total Shares

Allocation by class

COMMON$3.58B100.0%

Portfolio Concentration

Top 3$358.95M10.0%

4–10$591.24M16.5%

11–25$942.18M26.3%

Rest$1.69B47.1%

Top 3 weight

10.0%

Top 10 weight

26.5%

Voting Authority Distribution

Total shares with voting rights: 60.42M

Sole

Full voting authority

48.40M

% of voting shares80.1%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

12.02M

% of voting shares19.9%

Investment Discretion (by position count)

Sole91

Shared0

Other0

Dominant voting typeSole · 80.1% of voting shares

Institutional Holdings91

Rows:

HDFC BANK LTD

SOLE

COMMON

Shares2.04M

TypeSH

Market value$135.87M

3.80%

Sole

0.00

Shared

0.00

None

2.04M

MICROSOFT CORP

SOLE

COMMON

Shares400.85K

TypeSH

Market value$115.56M

3.23%

Sole

379.01K

Shared

0.00

None

21.84K

CANADIAN NAT RES LTD

SOLE

COMMON

Shares1.92M

TypeSH

Market value$107.52M

3.00%

Sole

1.37M

Shared

0.00

None

551.50K

SOUTHERN COPPER CORP

SOLE

COMMON

Shares1.27M

TypeSH

Market value$96.95M

2.71%

Sole

1.15M

Shared

0.00

None

125.72K

BROOKFIELD CORP

SOLE

COMMON

Shares2.60M

TypeSH

Market value$84.65M

2.36%

Sole

1.85M

Shared

0.00

None

750.63K

CANADIAN PAC RY LTD

SOLE

COMMON

Shares1.07M

TypeSH

Market value$82.71M

2.31%

Sole

771.14K

Shared

0.00

None

302.57K

COCA-COLA EUROPACIFIC PARTNE

SOLE

COMMON

Shares1.39M

TypeSH

Market value$82.36M

2.30%

Sole

1.26M

Shared

0.00

None

135.49K

THERMO FISHER SCIENTIFIC INC

SOLE

COMMON

Shares142.44K

TypeSH

Market value$82.15M

2.30%

Sole

134.77K

Shared

0.00

None

7.67K

ALPHABET INC

SOLE

COMMON

Shares788.67K

TypeSH

Market value$81.81M

2.29%

Sole

747.36K

Shared

0.00

None

41.31K

META PLATFORMS INC

SOLE

COMMON

Shares380.38K

TypeSH

Market value$80.62M

2.25%

Sole

359.86K

Shared

0.00

None

20.52K

FISERV INC

SOLE

COMMON

Shares656.45K

TypeSH

Market value$74.20M

2.07%

Sole

620.71K

Shared

0.00

None

35.75K

ADOBE SYSTEMS INCORPORATED

SOLE

COMMON

Shares189.36K

TypeSH

Market value$72.97M

2.04%

Sole

179.07K

Shared

0.00

None

10.29K

BAIDU INC

SOLE

COMMON

Shares481.86K

TypeSH

Market value$72.72M

2.03%

Sole

0.00

Shared

0.00

None

481.86K

MARKEL CORP

SOLE

COMMON

Shares52.80K

TypeSH

Market value$67.45M

1.88%

Sole

49.91K

Shared

0.00

None

2.90K

TJX COS INC NEW

SOLE

COMMON

Shares860.57K

TypeSH

Market value$67.43M

1.88%

Sole

811.28K

Shared

0.00

None

49.29K

ANALOG DEVICES INC

SOLE

COMMON

Shares327.42K

TypeSH

Market value$64.57M

1.80%

Sole

308.77K

Shared

0.00

None

18.65K

MASTERCARD INCORPORATED

SOLE

COMMON

Shares177.24K

TypeSH

Market value$64.41M

1.80%

Sole

168.15K

Shared

0.00

None

9.09K

ORACLE CORP

SOLE

COMMON

Shares679.06K

TypeSH

Market value$63.10M

1.76%

Sole

641.73K

Shared

0.00

None

37.33K

INFOSYS LTD

SOLE

COMMON

Shares3.45M

TypeSH

Market value$60.24M

1.68%

Sole

0.00

Shared

0.00

None

3.45M

BOOKING HOLDINGS INC

SOLE

COMMON

Shares22.21K

TypeSH

Market value$58.90M

1.65%

Sole

20.99K

Shared

0.00

None

1.22K

JOHNSON & JOHNSON

SOLE

COMMON

Shares363.37K

TypeSH

Market value$56.32M

1.57%

Sole

342.71K

Shared

0.00

None

20.66K

RITCHIE BROS AUCTIONEERS

SOLE

COMMON

Shares999.27K

TypeSH

Market value$56.16M

1.57%

Sole

717.74K

Shared

0.00

None

281.53K

VIPSHOP HOLDINGS LIMITED

SOLE

COMMON

Shares3.64M

TypeSH

Market value$55.24M

1.54%

Sole

3.28M

Shared

0.00

None

354.94K

MERCK & CO INC

SOLE

COMMON

Shares510.33K

TypeSH

Market value$54.65M

1.53%

Sole

481.32K

Shared

0.00

None

29.01K

FRANCO NEV CORP

SOLE

COMMON

Shares369.36K

TypeSH

Market value$53.82M

1.50%

Sole

265.19K

Shared

0.00

None

104.17K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
HDFC BANK LTDSOLE	COMMON	2.04M	SH	$135.87M 3.80%	0.00	2.04M
MICROSOFT CORPSOLE	COMMON	400.85K	SH	$115.56M 3.23%	379.01K	21.84K
CANADIAN NAT RES LTDSOLE	COMMON	1.92M	SH	$107.52M 3.00%	1.37M	551.50K
SOUTHERN COPPER CORPSOLE	COMMON	1.27M	SH	$96.95M 2.71%	1.15M	125.72K
BROOKFIELD CORPSOLE	COMMON	2.60M	SH	$84.65M 2.36%	1.85M	750.63K
CANADIAN PAC RY LTDSOLE	COMMON	1.07M	SH	$82.71M 2.31%	771.14K	302.57K
COCA-COLA EUROPACIFIC PARTNESOLE	COMMON	1.39M	SH	$82.36M 2.30%	1.26M	135.49K
THERMO FISHER SCIENTIFIC INCSOLE	COMMON	142.44K	SH	$82.15M 2.30%	134.77K	7.67K
ALPHABET INCSOLE	COMMON	788.67K	SH	$81.81M 2.29%	747.36K	41.31K
META PLATFORMS INCSOLE	COMMON	380.38K	SH	$80.62M 2.25%	359.86K	20.52K
FISERV INCSOLE	COMMON	656.45K	SH	$74.20M 2.07%	620.71K	35.75K
ADOBE SYSTEMS INCORPORATEDSOLE	COMMON	189.36K	SH	$72.97M 2.04%	179.07K	10.29K
BAIDU INCSOLE	COMMON	481.86K	SH	$72.72M 2.03%	0.00	481.86K
MARKEL CORPSOLE	COMMON	52.80K	SH	$67.45M 1.88%	49.91K	2.90K
TJX COS INC NEWSOLE	COMMON	860.57K	SH	$67.43M 1.88%	811.28K	49.29K
ANALOG DEVICES INCSOLE	COMMON	327.42K	SH	$64.57M 1.80%	308.77K	18.65K
MASTERCARD INCORPORATEDSOLE	COMMON	177.24K	SH	$64.41M 1.80%	168.15K	9.09K
ORACLE CORPSOLE	COMMON	679.06K	SH	$63.10M 1.76%	641.73K	37.33K
INFOSYS LTDSOLE	COMMON	3.45M	SH	$60.24M 1.68%	0.00	3.45M
BOOKING HOLDINGS INCSOLE	COMMON	22.21K	SH	$58.90M 1.65%	20.99K	1.22K
JOHNSON & JOHNSONSOLE	COMMON	363.37K	SH	$56.32M 1.57%	342.71K	20.66K
RITCHIE BROS AUCTIONEERSSOLE	COMMON	999.27K	SH	$56.16M 1.57%	717.74K	281.53K
VIPSHOP HOLDINGS LIMITEDSOLE	COMMON	3.64M	SH	$55.24M 1.54%	3.28M	354.94K
MERCK & CO INCSOLE	COMMON	510.33K	SH	$54.65M 1.53%	481.32K	29.01K
FRANCO NEV CORPSOLE	COMMON	369.36K	SH	$53.82M 1.50%	265.19K	104.17K

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