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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
BlackRock
1
BlackRock
New York
$620M +$60.7M +3,814,515 +8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$458M +$16.4M +1,028,512 +3%
State Street
3
State Street
Massachusetts
$153M +$13.4M +839,541 +7%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$102M +$19.6M +1,233,810 +16%
Morgan Stanley
5
Morgan Stanley
New York
$82.7M -$5.95M -374,227 -5%
American Century Companies
6
American Century Companies
Missouri
$72.3M +$35.8M +2,250,082 +56%
UBS Group
7
UBS Group
Switzerland
$67.8M +$26.3M +1,651,789 +39%
Goldman Sachs
8
Goldman Sachs
New York
$43.3M +$7.76M +487,875 +15%
Northern Trust
9
Northern Trust
Illinois
$40.6M +$3.76M +236,251 +7%
Charles Schwab
10
Charles Schwab
California
$38.2M +$4.68M +294,161 +10%
Norges Bank
11
Norges Bank
Norway
$35.6M +$5.26M +330,454 +12%
Invesco
12
Invesco
Georgia
$34.8M -$9.74M -612,022 -17%
JP Morgan Chase
13
JP Morgan Chase
New York
$28M +$3.3M +207,183 +9%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$24.2M +$1.08M +67,838 +3%
Capital World Investors
15
Capital World Investors
California
$23.9M +$33.1M +2,081,921 New
VanEck Associates
16
VanEck Associates
New York
$23.4M +$5.7M +358,237 +21%
TI
17
Tidal Investments
Wisconsin
$23.2M +$6.15M +386,686 +24%
Mirae Asset Global ETFs Holdings
18
Mirae Asset Global ETFs Holdings
Hong Kong
$21.3M +$2.97M +186,904 +11%
Principal Financial Group
19
Principal Financial Group
Iowa
$19.5M -$3.47M -217,928 -11%
T. Rowe Price Associates
20
T. Rowe Price Associates
Maryland
$16.5M -$7.36M -462,969 -24%
First Trust Advisors
21
First Trust Advisors
Illinois
$16.1M -$3.95M -248,503 -15%
Westfield Capital Management
22
Westfield Capital Management
Massachusetts
$14.8M +$20.5M +1,287,869 New
Deutsche Bank
23
Deutsche Bank
Germany
$12.9M +$2.23M +140,273 +14%
ETC
24
Exchange Traded Concepts
Oklahoma
$12.5M +$3.03M +190,558 +21%
Public Sector Pension Investment Board (PSP Investments)
25
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$12.4M +$4.37M +274,486 +34%

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.