Marathon Asset Management (New York) Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$144M |
| 2 |
Clear Channel Outdoor Holdings
CCO
|
+$55.2M |
| 3 |
RAD
Rite Aid Corporation
RAD
|
+$4.45M |
| 4 |
CEPU
Central Puerto
CEPU
|
+$206K |
| 5 |
Lear
LEA
|
+$75.6K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$25.9M |
| 2 |
CZR
Caesars Entertainment Corporation
CZR
|
+$16.3M |
| 3 |
BRY
Berry Corp
BRY
|
+$14.4M |
| 4 |
Constellium
CSTM
|
+$2.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 20.58% |
| 2 | Materials | 5.43% |
| 3 | Real Estate | 2.45% |
| 4 | Utilities | 0.09% |
| 5 | Consumer Discretionary | 0.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
State Street SPDR S&P 500 ETF Trust
SPY
$771B
| $147M | 59.16% |
+500,000
| New | +$144M |
|
|
2
Clear Channel Outdoor Holdings
CCO
$1.22B
| $51M | 20.58% |
+10,798,150
| New | +$55.2M |
|
|
3
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $26.2M | 10.56% |
300,000
-300,000
| -50% | -$25.9M |
|
|
4
Constellium
CSTM
$3.76B
| $13.4M | 5.43% |
1,339,489
-238,000
| -15% | -$2.2M |
|
|
LADR
5
Ladder Capital
LADR
$1.24B
| $4.86M | 1.96% |
292,740
| – | – |
|
|
RAD
6
DELISTED
Rite Aid Corporation
RAD
| $4.14M | 1.67% |
+516,335
| New | +$4.45M |
|
|
CIO
7
DELISTED
City Office REIT
CIO
| $1.2M | 0.48% |
100,000
| – | – |
|
|
CEPU
8
Central Puerto
CEPU
$2.16B
| $228K | 0.09% |
+24,632
| New | +$206K |
|
|
9
Lear
LEA
$7.39B
| $75K | 0.03% |
+539
| New | +$75.6K |
|
10
American Airlines Group
AAL
$9.82B
| $45K | 0.02% |
+1,385
| New | +$44.7K |
|
|
BRY
11
DELISTED
Berry Corp
BRY
| $3K | ﹤0.01% |
310
-1,268,235
| -100% | -$14.4M |
|
|
12
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$771B
| – | – |
-1,000,000
| Closed | -$282M |
|
|
CZR
13
DELISTED
Caesars Entertainment Corporation
CZR
| – | – |
-1,875,915
| Closed | -$16.3M |
|
Similar funds
Marathon Asset Management (New York)'s Q2 2019 Portfolio in Review
As of Q2 2019, Marathon Asset Management (New York) held 13 positions worth $248M, down 36% from $384M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Marathon Asset Management (New York) withdrew a net $137M in Q2 2019, closing 2 positions and reducing 3 holdings. Its most notable exit was Caesars Entertainment Corporation, an estimated $16.3M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 21% of assets, up from 0% a quarter earlier, followed by Materials and Real Estate.
Against the trend, Marathon Asset Management (New York) opened a new position in State Street SPDR S&P 500 ETF Trust worth $147M.
- Marathon Asset Management (New York)'s largest Q2 2019 buy was State Street SPDR S&P 500 ETF Trust: 500,000 shares worth $147M.
- Marathon Asset Management (New York)'s biggest Q2 2019 reduction was iShares iBoxx $ High Yield Corporate Bond ETF, cutting an estimated $25.9M.
- Marathon Asset Management (New York) fully exited Caesars Entertainment Corporation in Q2 2019, selling an estimated $16.3M.
- Marathon Asset Management (New York)'s ten largest holdings make up 100% of its $248M portfolio in Q2 2019.
- Marathon Asset Management (New York) opened 6 new positions and closed 2 in Q2 2019.
- Marathon Asset Management (New York)'s portfolio value fell 36% quarter-over-quarter to $248M.
Based on Marathon Asset Management (New York)'s 13F filing for Q2 2019, filed 14 Aug 2019.