MARATHON TRADING INVESTMENT MANAGEMENT LLC

Filed: 5/13/2025ACC: 0001572748-25-000008

📋 What this filing means

MARATHON TRADING INVESTMENT MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 352 equity positions with a total reported market value of $744.74M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

352

Positions

$744.74M

Total AUM (reported)

11.34M

Total Shares

Allocation by class

OPTION$556.32M74.7%

COMMON STOCK$188.42M25.3%

Portfolio Concentration

Top 3$236.41M31.7%

4–10$124.46M16.7%

11–25$139.60M18.7%

Rest$244.27M32.8%

Top 3 weight

31.7%

Top 10 weight

48.5%

Voting Authority Distribution

Total shares with voting rights: 4.77M

Sole

Full voting authority

1.85M

% of voting shares38.8%

Shared

Joint voting authority

2.92M

% of voting shares61.2%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole195

Shared0

Other157

Dominant voting typeShared · 61.2% of voting shares

Institutional Holdings352

Rows:

SPDR S&P 500 ETF TR

OTR

Option

Shares218.90K

TypeSH

Market value$122.45M

16.44%

Sole

0.00

Shared

0.00

None

0.00

NVIDIA CORPORATION

OTR

Option

Shares544.60K

TypeSH

Market value$59.02M

7.93%

Sole

0.00

Shared

0.00

None

0.00

NVIDIA CORPORATION

OTR

Common Stock

Shares506.90K

TypeSH

Market value$54.94M

7.38%

Sole

3.52K

Shared

503.38K

None

0.00

SPDR GOLD TR

OTR

Option

Shares121.70K

TypeSH

Market value$35.07M

4.71%

Sole

0.00

Shared

0.00

None

0.00

PDD HOLDINGS INC

SOLE

Option

Shares176.20K

TypeSH

Market value$20.85M

2.80%

Sole

0.00

Shared

0.00

None

0.00

TESLA INC

OTR

Option

Shares57.40K

TypeSH

Market value$14.88M

2.00%

Sole

0.00

Shared

0.00

None

0.00

SELECT SECTOR SPDR TR

SOLE

Option

Shares164.80K

TypeSH

Market value$13.65M

1.83%

Sole

0.00

Shared

0.00

None

0.00

ALIBABA GROUP HLDG LTD

SOLE

Option

Shares101.70K

TypeSH

Market value$13.45M

1.81%

Sole

0.00

Shared

0.00

None

0.00

JD.COM INC

SOLE

Option

Shares325K

TypeSH

Market value$13.36M

1.79%

Sole

0.00

Shared

0.00

None

0.00

SPDR GOLD TR

OTR

Option

Shares45.80K

TypeSH

Market value$13.20M

1.77%

Sole

0.00

Shared

0.00

None

0.00

BANK AMERICA CORP

OTR

Option

Shares307K

TypeSH

Market value$12.81M

1.72%

Sole

0.00

Shared

0.00

None

0.00

PDD HOLDINGS INC

SOLE

Option

Shares100.60K

TypeSH

Market value$11.91M

1.60%

Sole

0.00

Shared

0.00

None

0.00

CITIGROUP INC

OTR

Option

Shares155.90K

TypeSH

Market value$11.07M

1.49%

Sole

0.00

Shared

0.00

None

0.00

ALIBABA GROUP HLDG LTD

OTR

Common Stock

Shares72.86K

TypeSH

Market value$9.63M

1.29%

Sole

47.26K

Shared

25.60K

None

0.00

ISHARES TR

OTR

Option

Shares105.20K

TypeSH

Market value$9.58M

1.29%

Sole

0.00

Shared

0.00

None

0.00

SPDR S&P 500 ETF TR

OTR

Option

Shares17K

TypeSH

Market value$9.51M

1.28%

Sole

0.00

Shared

0.00

None

0.00

BANK AMERICA CORP

OTR

Common Stock

Shares219.39K

TypeSH

Market value$9.16M

1.23%

Sole

50.22K

Shared

169.17K

None

0.00

SIRIUSXM HOLDINGS INC

OTR

Option

Shares391.20K

TypeSH

Market value$8.82M

1.18%

Sole

0.00

Shared

0.00

None

0.00

MICROSTRATEGY INC

SOLE

Option

Shares30K

TypeSH

Market value$8.65M

1.16%

Sole

0.00

Shared

0.00

None

0.00

ALIBABA GROUP HLDG LTD

OTR

Option

Shares65.30K

TypeSH

Market value$8.63M

1.16%

Sole

0.00

Shared

0.00

None

0.00

KRANESHARES TRUST

SOLE

Option

Shares242.60K

TypeSH

Market value$8.47M

1.14%

Sole

0.00

Shared

0.00

None

0.00

VANECK ETF TRUST

OTR

Option

Shares164.50K

TypeSH

Market value$8.31M

1.12%

Sole

0.00

Shared

0.00

None

0.00

GAMESTOP CORP NEW

OTR

Common Stock

Shares349.28K

TypeSH

Market value$7.80M

1.05%

Sole

4.21K

Shared

345.07K

None

0.00

SPDR S&P 500 ETF TR

SOLE

Common Stock

Shares13.78K

TypeSH

Market value$7.71M

1.03%

Sole

13.78K

Shared

0.00

None

0.00

ISHARES BITCOIN TRUST ETF

OTR

Common Stock

Shares161.58K

TypeSH

Market value$7.56M

1.02%

Sole

32.13K

Shared

129.44K

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared
SPDR S&P 500 ETF TROTR	Option	218.90K	SH	$122.45M 16.44%	0.00	0.00
NVIDIA CORPORATIONOTR	Option	544.60K	SH	$59.02M 7.93%	0.00	0.00
NVIDIA CORPORATIONOTR	Common Stock	506.90K	SH	$54.94M 7.38%	3.52K	503.38K
SPDR GOLD TROTR	Option	121.70K	SH	$35.07M 4.71%	0.00	0.00
PDD HOLDINGS INCSOLE	Option	176.20K	SH	$20.85M 2.80%	0.00	0.00
TESLA INCOTR	Option	57.40K	SH	$14.88M 2.00%	0.00	0.00
SELECT SECTOR SPDR TRSOLE	Option	164.80K	SH	$13.65M 1.83%	0.00	0.00
ALIBABA GROUP HLDG LTDSOLE	Option	101.70K	SH	$13.45M 1.81%	0.00	0.00
JD.COM INCSOLE	Option	325K	SH	$13.36M 1.79%	0.00	0.00
SPDR GOLD TROTR	Option	45.80K	SH	$13.20M 1.77%	0.00	0.00
BANK AMERICA CORPOTR	Option	307K	SH	$12.81M 1.72%	0.00	0.00
PDD HOLDINGS INCSOLE	Option	100.60K	SH	$11.91M 1.60%	0.00	0.00
CITIGROUP INCOTR	Option	155.90K	SH	$11.07M 1.49%	0.00	0.00
ALIBABA GROUP HLDG LTDOTR	Common Stock	72.86K	SH	$9.63M 1.29%	47.26K	25.60K
ISHARES TROTR	Option	105.20K	SH	$9.58M 1.29%	0.00	0.00
SPDR S&P 500 ETF TROTR	Option	17K	SH	$9.51M 1.28%	0.00	0.00
BANK AMERICA CORPOTR	Common Stock	219.39K	SH	$9.16M 1.23%	50.22K	169.17K
SIRIUSXM HOLDINGS INCOTR	Option	391.20K	SH	$8.82M 1.18%	0.00	0.00
MICROSTRATEGY INCSOLE	Option	30K	SH	$8.65M 1.16%	0.00	0.00
ALIBABA GROUP HLDG LTDOTR	Option	65.30K	SH	$8.63M 1.16%	0.00	0.00
KRANESHARES TRUSTSOLE	Option	242.60K	SH	$8.47M 1.14%	0.00	0.00
VANECK ETF TRUSTOTR	Option	164.50K	SH	$8.31M 1.12%	0.00	0.00
GAMESTOP CORP NEWOTR	Common Stock	349.28K	SH	$7.80M 1.05%	4.21K	345.07K
SPDR S&P 500 ETF TRSOLE	Common Stock	13.78K	SH	$7.71M 1.03%	13.78K	0.00
ISHARES BITCOIN TRUST ETFOTR	Common Stock	161.58K	SH	$7.56M 1.02%	32.13K	129.44K

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