Marathon Digital Holdings
MARA
347 hedge funds and large institutions have $2.35B invested in Marathon Digital Holdings in 2025 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 150 increasing their positions, 94 reducing their positions, and 64 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 94
0.91% less ownership
Funds ownership: 59.94% → 59.03% (-0.91%)
4% less funds holding
Funds holding: 360 → 347 (-13)
16% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 64
31% less call options, than puts
Call options by funds: $467M | Put options by funds: $674M
31% less capital invested
Capital invested by funds: $3.41B → $2.35B (-$1.06B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$60.7M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$35.8M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$33.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$26.3M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$52.9M |
| 2 |
Jane Street
New York
|
-$50.3M |
| 3 |
Capital Fund Management (CFM)
Paris,
France
|
-$21.9M |
| 4 |
Barclays
London,
United Kingdom
|
-$20.6M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.7M |
MARA Hedge Fund Activity: Q1 2025 in Review
347 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Marathon Digital Holdings (MARA) for Q1 2025, worth a combined $2.35B — down 31% from $3.41B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of MARA and 54 opened new positions — a net loss of 10 holders — while 94 trimmed existing stakes and 150 added.
The largest buyer was BlackRock, adding an estimated $60.7M. The largest seller was Bank of America, cutting an estimated $52.9M.
- 347 institutional investors held Marathon Digital Holdings (MARA) as of Q1 2025, down from 360 in Q4 2024.
- Funds reported $2.35B of Marathon Digital Holdings stock for Q1 2025, down 31% quarter-over-quarter.
- 54 funds opened new Marathon Digital Holdings positions in Q1 2025 and 64 closed out, a net change of -10 holders.
- The largest Marathon Digital Holdings buyer in Q1 2025 was BlackRock, an estimated $60.7M added.
- The largest Marathon Digital Holdings seller in Q1 2025 was Bank of America, an estimated $52.9M sold.
Based on aggregated 13F filings for Q1 2025.