Marathon Digital Holdings
MARA
387 hedge funds and large institutions have $2B invested in Marathon Digital Holdings in 2026 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 148 increasing their positions, 100 reducing their positions, and 86 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 100
2% less call options, than puts
Call options by funds: $603M | Put options by funds: $612M
7% less first-time investments, than exits
New positions opened: 80 | Existing positions closed: 86
1.69% less ownership
Funds ownership: 66.31% → 64.62% (-1.7%)
3% less funds holding
Funds holding: 401 → 387 (-14)
11% less capital invested
Capital invested by funds: $2.25B → $2B (-$248M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$33.3M |
| 2 |
JP Morgan Chase
New York
|
+$26.7M |
| 3 |
Goldman Sachs
New York
|
+$20.7M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$15.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$26.5M |
| 2 |
Capital Fund Management (CFM)
Paris,
France
|
-$18.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$17.8M |
| 4 |
Renaissance Technologies
New York
|
-$16.7M |
| 5 |
MG
Marex Group
London,
|
-$16.5M |
MARA Hedge Fund Activity: Q1 2026 in Review
387 of the 8,186 institutional investors tracked by Wall St. Rank reported a position in Marathon Digital Holdings (MARA) for Q1 2026, worth a combined $2B — down 11% from $2.25B a quarter earlier.
Sellers outnumbered buyers: 86 funds closed out of MARA and 80 opened new positions — a net loss of 6 holders — while 100 trimmed existing stakes and 148 added.
The largest buyer was HRT Financial, opening a new position worth an estimated $33.3M. The largest seller was Capital World Investors, exiting entirely with an estimated $26.5M sold.
- 387 institutional investors held Marathon Digital Holdings (MARA) as of Q1 2026, down from 401 in Q4 2025.
- Funds reported $2B of Marathon Digital Holdings stock for Q1 2026, down 11% quarter-over-quarter.
- 80 funds opened new Marathon Digital Holdings positions in Q1 2026 and 86 closed out, a net change of -6 holders.
- The largest Marathon Digital Holdings buyer in Q1 2026 was HRT Financial, an estimated $33.3M added.
- The largest Marathon Digital Holdings seller in Q1 2026 was Capital World Investors, an estimated $26.5M sold.
Based on aggregated 13F filings for Q1 2026.