Marathon Partners Equity Management, LLC In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Marathon Partners Equity Management, LLC reported 16 stock positions worth $125.3 million . Its top holding was Remitly Global (RELY) at 18.0% of the portfolio, followed by Tko (TKO, 17.7% ) and Meta Platforms Class A (META, 16.4% ). Compared with Q2 2025, it opened 3 new positions, sold out of 2, added to 4 and reduced 8. The biggest buy was Remitly Global (RELY, shares +50% ) and the biggest sale Henry Schein (HSIC, shares −30% ).
Location New York, NY
CIK 0001353311
Portfolio Value $125.3M (Q3 2025) Holdings 16 stocks · $125.3M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2025 RELY Remitly Global Inc. 1,387,500 $22.6M Add +50.0% TKO Tko Group Holdings Inc. 110,000 $22.2M Reduce -0.9% META Meta Platforms Inc. Class A 28,000 $20.6M Reduce -0.9% UBER Uber Technologies Inc. 165,000 $16.2M Reduce -1.5% XMTR Xometry Inc. Class A 277,500 $15.1M Reduce -1.8% HSIC Henry Schein Inc. 77,500 $5.1M Reduce -29.6% ATMU Atmus Filtration Technologie 112,500 $5.1M Reduce -18.2% SXT Sensient Technologies Corp. 40,000 $3.8M Reduce -5.9% FLUT Flutter Entertainment PLC-Di 13,750 $3.5M Add +48.6% TPB Turning Point Brands Inc. 25,000 $2.5M No change ATI Ati Inc. 27,500 $2.2M New GOOG Alphabet Inc. Class C 8,250 $2.0M New LION Lionsgate Studios Corp. 250,000 $1.7M Add +11.1% AMRZ Amrize Ltd. 25,000 $1.2M Add +25.0% LNWO Light & Wonder Inc. 12,500 $1.0M New EWCZ European Wax Center Inc. Class A 125,000 $499K Reduce -44.4%
Options reported separately and not counted above: TKO puts ($8.9M), RELY calls ($4.8M).
Portfolio Sells Q2 2025 → Q3 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▲ HSIC Henry Schein Inc. Reduce -29.6% 4.10% −3.19 META Meta Platforms Inc. Class A Reduce -0.9% 16.41% −2.52 UBER Uber Technologies Inc. Reduce -1.5% 12.90% −1.28 PRMB Primo Brands Corp. Sold out 0.00% −1.01 SXT Sensient Technologies Corp. Reduce -5.9% 3.00% −0.80 EWCZ European Wax Center Inc. Class A Reduce -44.4% 0.40% −0.75 TKO Tko Group Holdings Inc. Reduce -0.9% 17.72% −0.60 ATMU Atmus Filtration Technologie Reduce -18.2% 4.05% −0.50 PTON Peloton Interactive Inc. Class A Sold out 0.00% −0.16 XMTR Xometry Inc. Class A Reduce -1.8% 12.06% +3.40
Portfolio Buys Q2 2025 → Q3 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▼ RELY Remitly Global Inc. Add +50.0% 18.04% +2.29 ATI Ati Inc. New 1.78% +1.78 GOOG Alphabet Inc. Class C New 1.60% +1.60 LNWO Light & Wonder Inc. New 0.84% +0.84 FLUT Flutter Entertainment PLC-Di Add +48.6% 2.79% +0.39 LION Lionsgate Studios Corp. Add +11.1% 1.38% +0.19 AMRZ Amrize Ltd. Add +25.0% 0.97% +0.07
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ TKO Tko Group Holdings Inc. put Add +166.7% 44,000 $8.9M RELY Remitly Global Inc. call Add +441.7% 292,500 $4.8M XMTR Xometry Inc. Class A call Sold out 26,500 $895Kbefore exit
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 14 $101.5M RELY, TKO, META, XMTR, UBER Q1 2026 16 $87.7M RELY, TKO, META, UBER, CNS Q4 2025 15 $100.6M META, RELY, TKO, UBER, XMTR Q3 2025 16 $125.3M RELY, TKO, META, UBER, XMTR Q2 2025 15 $110.2M META, TKO, RELY, UBER, XMTR Q1 2025 16 $95.0M RELY, TKO, META, UBER, HSIC Q4 2024 24 $104.0M RELY, META, TKO, XMTR, UBER