Marathon Asset Management LP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Marathon Asset Management LP reported 4 stock positions worth $38.2 million. Its top holding was Rackspace Technology (RXT) at 61.9% of the portfolio, followed by Iheartmedia Class A (IHRT, 16.5%) and Graftech International (EAF, 14.9%). Compared with Q1 2026, it opened 2 new positions and reduced 2. The biggest buy was a new position in Rackspace Technology (RXT) and the biggest sale Graftech International (EAF, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001279913
- Portfolio Value
- $38.2M (Q2 2026)
- SEC Filing
- 0001493152-26-038368 ↗ filed Aug 14, 2026
Holdings Value
Holdings 4 stocks · $38.2M
| RXT Rackspace Technology Inc. | 61.89% | 3,624,047 | $23.7M | New |
| IHRT Iheartmedia Inc. Class A | 16.55% | 1,475,000 | $6.3M | New |
| EAF Graftech International Ltd. | 14.88% | 962,828 | $5.7M | Reduce -20.5% |
| JHHY John Hancock High Yield ETF | 6.68% | 100,000 | $2.6M | Reduce -20.0% |
Options reported separately and not counted above: SPY puts ($1.6M), TLT calls ($1.3M), SPY calls ($465K).
Portfolio Sells Q1 2026 → Q2 2026
Portfolio Buys Q1 2026 → Q2 2026
Options Activity Q1 2026 → Q2 2026
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 3,000 | $1.6M |
| TLT iShares 20+ Year Treasury BD | call | Add +100.0% | 18,000 | $1.3M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | New | 3,000 | $465K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 4 | $38.2M | RXT, IHRT, EAF, JHHY |
| Q1 2026 | 2 | $11.4M | EAF, JHHY |
| Q4 2025 | 12 | $64.3M | SPY, EAF, JHHY, UNH, PYPL |
| Q3 2025 | 15 | $62.3M | EAF, CNK, UNH, JHHY, AMD |
| Q2 2025 | 14 | $41.9M | EAF, AMD, JHHY, ETHA, GOOG |
| Q1 2025 | 10 | $92.9M | LTM, EAF, JHHY, AMD, GOOG |
| Q4 2024 | 5 | $74.0M | LTM, VISN, JHHY, EAF, KORE |
| Q3 2024Amended | 7 | $197.0M | FYBR, LTM, EAF, AMC, VISN |
| Q2 2024Amended | 6 | $107.2M | FYBR, LADR, JHHY, VISN, BHC |
| Q1 2024Amended | 7 | $215.2M | FYBR, HTZ, JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26), LADR, BHC |