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Marathon Digital Holdings

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.

New
Increased
Maintained
Reduced
Closed

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: 360347 (-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)

Holders
347
Holders Change
-13
Holders Change %
-3.61%
% of All Funds
4.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
54
Increased
150
Reduced
94
Closed
64
Calls
$467M
Puts
$674M
Net Calls
-$207M
Net Calls Change
-$95.3M
Name Holding Trade Value Shares
Change
Change in
Stake
FDCDDQ
101
Federation des caisses Desjardins du Quebec
Quebec, Canada
$1.1M +$941K +59,130 +162%
TRSOTSOK
102
Teachers Retirement System of the State of Kentucky
Kentucky
$1.09M -$687K -43,186 -31%
Commonwealth Equity Services
103
Commonwealth Equity Services
Massachusetts
$1.08M -$180K -11,317 -11%
Ensign Peak Advisors
104
Ensign Peak Advisors
Utah
$1.07M
Marshall Wace
105
Marshall Wace
United Kingdom
$1.05M -$2.55M -160,030 -64%
State of Wisconsin Investment Board
106
State of Wisconsin Investment Board
Wisconsin
$1.03M +$73.4K +4,612 +5%
QC
107
Quantessence Capital
New York
$968K +$1.34M +84,182 New
COPPSERS
108
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$934K +$199K +12,510 +18%
ProShare Advisors
109
ProShare Advisors
Maryland
$932K -$99.4K -6,248 -7%
CIBC World Market
110
CIBC World Market
Ontario, Canada
$916K +$1.27M +79,681 New
Raymond James Financial
111
Raymond James Financial
Florida
$908K -$79.9K -5,021 -6%
OPERF
112
Oregon Public Employees Retirement Fund
Oregon
$894K +$32K +2,013 +3%
BCM
113
Brookstone Capital Management
Illinois
$888K -$7.94K -499 -0.6%
CWM
114
CIBC World Markets
New York
$870K +$780K +49,047 +184%
PFSRSONJ
115
Police & Firemen's Retirement System of New Jersey
New Jersey
$844K +$203K +12,759 +21%
KK
116
KLP Kapitalforvaltning
Norway
$838K +$199K +12,500 +21%
Handelsbanken Fonder
117
Handelsbanken Fonder
Sweden
$833K -$22.3K -1,400 -2%
Victory Capital Management
118
Victory Capital Management
Texas
$831K +$73.1K +4,597 +7%
SA
119
SRN Advisors
Pennsylvania
$818K +$157K +9,883 +16%
Russell Investments Group
120
Russell Investments Group
United Kingdom
$817K +$146K +9,177 +15%
State Board of Administration of Florida Retirement System
121
State Board of Administration of Florida Retirement System
Florida
$806K +$103K +6,460 +10%
CWM
122
Centric Wealth Management
Illinois
$805K -$956K -60,100 -46%
Zurich Cantonal Bank
123
Zurich Cantonal Bank
Switzerland
$785K +$172K +10,811 +19%
OC
124
Oppenheimer & Co
New York
$770K -$487K -30,622 -31%
HPG
125
Harvest Portfolios Group
Ontario, Canada
$755K -$16.3K -1,027 -2%

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.