MARATHON ASSET MANAGEMENT LTD

Filed: 2/12/2024ACC: 0001861026-24-000003

📋 What this filing means

MARATHON ASSET MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 87 equity positions with a total reported market value of $3.56B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$3.56B

Total AUM (reported)

65.20M

Total Shares

Allocation by class

COMMON$3.56B100.0%

Portfolio Concentration

Top 3$479.07M13.4%

4–10$592.93M16.6%

11–25$887.80M24.9%

Rest$1.60B45.0%

Top 3 weight

13.4%

Top 10 weight

30.1%

Voting Authority Distribution

Total shares with voting rights: 65.20M

Sole

Full voting authority

54.40M

% of voting shares83.4%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

10.80M

% of voting shares16.6%

Investment Discretion (by position count)

Sole87

Shared0

Other0

Dominant voting typeSole · 83.4% of voting shares

Institutional Holdings87

Rows:

CNH INDL N V

SOLE

COMMON

Shares17.12M

TypeSH

Market value$208.48M

5.85%

Sole

16.72M

Shared

0.00

None

395.08K

MICROSOFT CORP

SOLE

COMMON

Shares373.66K

TypeSH

Market value$140.51M

3.94%

Sole

347.97K

Shared

0.00

None

25.70K

HDFC BANK LTD

SOLE

COMMON

Shares1.94M

TypeSH

Market value$130.08M

3.65%

Sole

0.00

Shared

0.00

None

1.94M

COCA-COLA EUROPACIFIC PARTNE

SOLE

COMMON

Shares1.50M

TypeSH

Market value$100.02M

2.81%

Sole

1.36M

Shared

0.00

None

140.66K

ALPHABET INC

SOLE

COMMON

Shares632.31K

TypeSH

Market value$88.33M

2.48%

Sole

596.39K

Shared

0.00

None

35.92K

META PLATFORMS INC

SOLE

COMMON

Shares246.02K

TypeSH

Market value$87.08M

2.44%

Sole

231.67K

Shared

0.00

None

14.35K

CANADIAN NAT RES LTD

SOLE

COMMON

Shares1.25M

TypeSH

Market value$83.53M

2.34%

Sole

847K

Shared

0.00

None

407K

BROOKFIELD CORP

SOLE

COMMON

Shares2.07M

TypeSH

Market value$83.29M

2.34%

Sole

1.40M

Shared

0.00

None

661.74K

FISERV INC

SOLE

COMMON

Shares581.79K

TypeSH

Market value$77.29M

2.17%

Sole

547.71K

Shared

0.00

None

34.09K

SOUTHERN COPPER CORP

SOLE

COMMON

Shares852.68K

TypeSH

Market value$73.39M

2.06%

Sole

758.02K

Shared

0.00

None

94.66K

TJX COS INC NEW

SOLE

COMMON

Shares716.14K

TypeSH

Market value$67.18M

1.89%

Sole

671.73K

Shared

0.00

None

44.41K

CANADIAN PACIFIC KANSAS CITY

SOLE

COMMON

Shares834.13K

TypeSH

Market value$66.44M

1.86%

Sole

566.78K

Shared

0.00

None

267.36K

MASTERCARD INCORPORATED

SOLE

COMMON

Shares150.06K

TypeSH

Market value$64.00M

1.80%

Sole

141.84K

Shared

0.00

None

8.21K

THERMO FISHER SCIENTIFIC INC

SOLE

COMMON

Shares119.55K

TypeSH

Market value$63.50M

1.78%

Sole

112.59K

Shared

0.00

None

6.96K

ADOBE INC

SOLE

COMMON

Shares106.36K

TypeSH

Market value$63.46M

1.78%

Sole

98.84K

Shared

0.00

None

7.53K

MARKEL GROUP INC

SOLE

COMMON

Shares44.26K

TypeSH

Market value$62.84M

1.76%

Sole

41.64K

Shared

0.00

None

2.62K

S&P GLOBAL INC

SOLE

COMMON

Shares138.53K

TypeSH

Market value$61.03M

1.71%

Sole

130.38K

Shared

0.00

None

8.16K

BOOKING HOLDINGS INC

SOLE

COMMON

Shares16.99K

TypeSH

Market value$60.26M

1.69%

Sole

15.97K

Shared

0.00

None

1.01K

ANALOG DEVICES INC

SOLE

COMMON

Shares286.69K

TypeSH

Market value$56.93M

1.60%

Sole

265.12K

Shared

0.00

None

21.57K

INFOSYS LTD

SOLE

COMMON

Shares3.09M

TypeSH

Market value$56.79M

1.59%

Sole

0.00

Shared

0.00

None

3.09M

BAIDU INC

SOLE

COMMON

Shares454.68K

TypeSH

Market value$54.15M

1.52%

Sole

0.00

Shared

0.00

None

454.68K

ALPHABET INC

SOLE

COMMON

Shares384.13K

TypeSH

Market value$54.14M

1.52%

Sole

360.21K

Shared

0.00

None

23.92K

AUTODESK INC

SOLE

COMMON

Shares219.73K

TypeSH

Market value$53.50M

1.50%

Sole

206.05K

Shared

0.00

None

13.68K

PAYCOM SOFTWARE INC

SOLE

COMMON

Shares254.97K

TypeSH

Market value$52.71M

1.48%

Sole

239.92K

Shared

0.00

None

15.05K

TRANSUNION

SOLE

COMMON

Shares740.67K

TypeSH

Market value$50.89M

1.43%

Sole

697.03K

Shared

0.00

None

43.64K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
CNH INDL N VSOLE	COMMON	17.12M	SH	$208.48M 5.85%	16.72M	395.08K
MICROSOFT CORPSOLE	COMMON	373.66K	SH	$140.51M 3.94%	347.97K	25.70K
HDFC BANK LTDSOLE	COMMON	1.94M	SH	$130.08M 3.65%	0.00	1.94M
COCA-COLA EUROPACIFIC PARTNESOLE	COMMON	1.50M	SH	$100.02M 2.81%	1.36M	140.66K
ALPHABET INCSOLE	COMMON	632.31K	SH	$88.33M 2.48%	596.39K	35.92K
META PLATFORMS INCSOLE	COMMON	246.02K	SH	$87.08M 2.44%	231.67K	14.35K
CANADIAN NAT RES LTDSOLE	COMMON	1.25M	SH	$83.53M 2.34%	847K	407K
BROOKFIELD CORPSOLE	COMMON	2.07M	SH	$83.29M 2.34%	1.40M	661.74K
FISERV INCSOLE	COMMON	581.79K	SH	$77.29M 2.17%	547.71K	34.09K
SOUTHERN COPPER CORPSOLE	COMMON	852.68K	SH	$73.39M 2.06%	758.02K	94.66K
TJX COS INC NEWSOLE	COMMON	716.14K	SH	$67.18M 1.89%	671.73K	44.41K
CANADIAN PACIFIC KANSAS CITYSOLE	COMMON	834.13K	SH	$66.44M 1.86%	566.78K	267.36K
MASTERCARD INCORPORATEDSOLE	COMMON	150.06K	SH	$64.00M 1.80%	141.84K	8.21K
THERMO FISHER SCIENTIFIC INCSOLE	COMMON	119.55K	SH	$63.50M 1.78%	112.59K	6.96K
ADOBE INCSOLE	COMMON	106.36K	SH	$63.46M 1.78%	98.84K	7.53K
MARKEL GROUP INCSOLE	COMMON	44.26K	SH	$62.84M 1.76%	41.64K	2.62K
S&P GLOBAL INCSOLE	COMMON	138.53K	SH	$61.03M 1.71%	130.38K	8.16K
BOOKING HOLDINGS INCSOLE	COMMON	16.99K	SH	$60.26M 1.69%	15.97K	1.01K
ANALOG DEVICES INCSOLE	COMMON	286.69K	SH	$56.93M 1.60%	265.12K	21.57K
INFOSYS LTDSOLE	COMMON	3.09M	SH	$56.79M 1.59%	0.00	3.09M
BAIDU INCSOLE	COMMON	454.68K	SH	$54.15M 1.52%	0.00	454.68K
ALPHABET INCSOLE	COMMON	384.13K	SH	$54.14M 1.52%	360.21K	23.92K
AUTODESK INCSOLE	COMMON	219.73K	SH	$53.50M 1.50%	206.05K	13.68K
PAYCOM SOFTWARE INCSOLE	COMMON	254.97K	SH	$52.71M 1.48%	239.92K	15.05K
TRANSUNIONSOLE	COMMON	740.67K	SH	$50.89M 1.43%	697.03K	43.64K

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