Marathon Asset Management (New York) Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$17M |
| 2 |
Telecom Argentina
TEO
|
+$2.7M |
| 3 |
LNCO
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
|
+$2.36M |
| 4 |
LADR
Ladder Capital
LADR
|
+$2.1M |
| 5 |
Civeo
CVEO
|
+$2.08M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
General Motors
GM
|
+$32M |
| 2 |
Steel Dynamics
STLD
|
+$16.1M |
| 3 |
BAS
Basis Energy Services, Inc.
BAS
|
+$5.57M |
| 4 |
SSE
SEVENTY SEVEN ENERGY INC COM
SSE
|
+$2.96M |
| 5 |
Nabors Industries
NBR
|
+$2.25M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 6.47% |
| 2 | Consumer Discretionary | 6.13% |
| 3 | Financials | 4.12% |
| 4 | Real Estate | 2.71% |
| 5 | Communication Services | 1.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Vale
VALE
$63.4B
| $420K | 0.13% |
+100,000
| New | +$511K |
|
|
PGN
27
DELISTED
PARAGON OFFSHORE PLC (GBR)
PGN
| $120K | 0.04% |
499,397
-950,603
| -66% | -$646K |
|
|
OSG
28
CALL
Octave Specialty Group
OSG
$210M
| – | – |
-488,700
| Closed | -$8.13M |
|
29
Comstock Resources
CRK
$4.22B
| – | – |
-80,000
| Closed | -$1.33M |
|
|
30
General Motors
GM
$77.2B
| – | – |
-959,000
| Closed | -$32M |
|
31
PUT
NOV
NOV
$7.38B
| – | – |
-800,000
| Closed | -$38.6M |
|
|
32
Steel Dynamics
STLD
$38.5B
| – | – |
-776,931
| Closed | -$16.1M |
|
|
X
33
PUT
DELISTED
US Steel
X
| – | – |
-458,400
| Closed | -$9.45M |
|
|
SSE
34
DELISTED
SEVENTY SEVEN ENERGY INC COM
SSE
| – | – |
-689,302
| Closed | -$2.96M |
|
|
EXXI
35
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| – | – |
-600,000
| Closed | -$1.58M |
|
|
BAS
36
DELISTED
Basis Energy Services, Inc.
BAS
| – | – |
-1,295
| Closed | -$5.57M |
|
Similar funds
Marathon Asset Management (New York)'s Q3 2015 Portfolio in Review
As of Q3 2015, Marathon Asset Management (New York) held 36 positions worth $334M, down 2% from $340M the previous quarter. Its ten largest holdings account for 92% of the portfolio.
Marathon Asset Management (New York) deployed $36.6M of net new capital in Q3 2015, opening 12 new positions and adding to 5 existing holdings. Its largest new stake was Pioneer Natural Resource Co.: 136,447 shares worth $16.6M.
By sector, the portfolio is most concentrated in Energy at 6.5% of assets, down from 6.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Nabors Industries, an estimated $2.25M trimmed.
- Marathon Asset Management (New York)'s largest Q3 2015 buy was Pioneer Natural Resource Co.: 136,447 shares worth $16.6M.
- Marathon Asset Management (New York) added most to Telecom Argentina in Q3 2015, an estimated $2.7M increase.
- Marathon Asset Management (New York)'s biggest Q3 2015 reduction was Nabors Industries, cutting an estimated $2.25M.
- Marathon Asset Management (New York) fully exited General Motors in Q3 2015, selling an estimated $32M.
- Marathon Asset Management (New York)'s ten largest holdings make up 92% of its $334M portfolio in Q3 2015.
- Marathon Asset Management (New York) opened 12 new positions and closed 9 in Q3 2015.
- Marathon Asset Management (New York)'s portfolio value fell 2% quarter-over-quarter to $334M.
Based on Marathon Asset Management (New York)'s 13F filing for Q3 2015, filed 16 Nov 2015.