Fund Holdings

Marathon Asset Management Ltd

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
CANADIAN NAT RES LTD MED TER(CNQ)1,600,1481,595,650-4,49854,937,67778,283,2123.00%+23,345,535
MILLICOM INTL CELLULAR S A
COM STK
1,101,0221,107,258+6,23661,074,17482,977,5503.18%+21,903,376
CHAMPION HOMES INC(SKY)0290,034+290,034021,572,3860.83%+21,572,386
CNH INDL N V
SHS
11,917,19511,664,413-252,782109,876,538128,309,1434.92%+18,432,605
ORACLE CORP(ORCL)144,824271,004+126,18028,228,01539,867,0881.53%+11,639,073
FRANCO NEV CORP(FNV)288,741287,697-1,04459,929,96970,992,1662.72%+11,062,197
CME GROUP INC(CME)105,672120,131+14,45928,856,91035,480,0721.36%+6,623,162
ROYALTY PHARMA PLC(RPRX)388,226440,928+52,70215,001,05321,151,0350.81%+6,149,982
BAKER HUGHES COMPANY(BKR)241,979274,587+32,60811,019,55216,763,3620.64%+5,743,810
INTERACTIVE BROKERS GROUP IN(IBKR)477,442543,043+65,60130,704,63836,420,8441.40%+5,716,206
ALIGN TECHNOLOGY INC176,586191,709+15,12327,573,90432,864,5661.26%+5,290,662
ARCHER DANIELS MIDLAND CO196,188222,628+26,44011,278,84816,182,5460.62%+4,903,698
TAIWAN SEMICONDUCTOR MANUFAC(TSM)43,54353,256+9,71313,259,70718,030,8870.69%+4,771,180
TELEFLEX INCORPORATED(TFX)102,894143,754+40,86012,557,38117,193,4410.66%+4,636,060
FREEPORT MCMORAN INC(FCX)238,706282,936+44,23012,123,66616,631,1950.64%+4,507,529
ENVISTA HOLDINGS CORPORATION(NVST)637,484723,154+85,67013,839,77818,346,4170.70%+4,506,639
NVIDIA CORPORATION(NVDA)311,243357,453+46,21058,046,59562,340,4872.39%+4,293,892
COCA COLA CONS INC(COKE)58,06865,896+7,8288,901,70112,633,9340.48%+3,732,233
ROGERS CORP(ROG)117,826133,809+15,98310,788,74114,359,4140.55%+3,570,673
VAIL RESORTS INC(MTN)87,443117,343+29,90011,774,91615,267,6110.59%+3,492,695
WESCO INTL INC(WCC)52,41859,455+7,03712,822,43116,268,7190.62%+3,446,288
TJX COS INC NEW(TJX)114,191129,869+15,67817,541,04320,740,4970.80%+3,199,454
OPENLANE INC(OPLN)973,5661,104,351+130,78528,992,10832,191,1301.23%+3,199,022
C H ROBINSON WORLDWIDE IN(CHRW)93,425105,963+12,53815,069,74217,649,6750.68%+2,579,933
S&P GLOBAL INC(SPGI)59,02678,290+19,26430,846,69033,299,5521.28%+2,452,862
CANADIAN PACIFIC KANSAS CITY(CP)528,966527,024-1,94239,079,26241,422,1761.59%+2,342,914
SEALED AIR CORP NEW331,385375,900+44,51513,729,28115,806,8330.61%+2,077,552
SMURFIT WESTROCK PLC(SW)266,831302,940+36,10910,318,35512,072,1590.46%+1,753,804
AIR LEASE CORP
CL A
175,295199,048+23,75311,297,95912,960,7610.50%+1,662,802
HEALTHCARE SVCS GROUP INC(HCSG)856,431971,467+115,03616,374,96118,020,0960.69%+1,645,135
FTI CONSULTING INC(FCN)51,73158,706+6,9758,837,09710,377,6850.40%+1,540,588
NEWMONT CORP(NEM)159,017160,574+1,55715,877,84717,381,8290.67%+1,503,982
WEYERHAEUSER CO(WY)280,608329,156+48,5486,647,8378,041,2810.31%+1,393,444
LAUREATE ED INC(LAUR)1,508,0501,496,235-11,81550,776,04452,128,8272.00%+1,352,783
SCHEIN HENRY INC(HSIC)156,665177,713+21,04811,840,74113,097,2230.50%+1,256,482
VISA INC(V)129,271153,309+24,03845,337,84146,335,1751.78%+997,334
DONNELLEY FINL SOLUTIONS INC(DFIN)136,182154,456+18,2746,357,9537,280,2710.28%+922,318
BARRICK MNG CORP(B)145,214172,078+26,8646,323,8057,019,3320.27%+695,527
FISERV INC(FISV)477,139586,120+108,98132,049,42732,705,1621.25%+655,735
VONTIER CORPORATION(VNT)207,242235,044+27,8027,705,2588,337,0110.32%+631,753
BIO RAD LABS INC47,29253,661+6,36914,328,53414,957,0800.57%+628,546
ATS CORPORATION(ATS)1,097,7111,093,911-3,80030,277,82630,733,5091.18%+455,683
WILLSCOT HLDGS CORP(WSC)384,873436,759+51,8867,247,1597,581,8570.29%+334,698
DOLLAR TREE INC(DLTR)130,810148,466+17,65616,090,66016,258,0390.62%+167,379
AXALTA COATING SYS LTD(AXTA)253,293287,288+33,9958,183,7187,958,0600.31%-225,658
WELLS FARGO & CO(WFC)100,021113,444+13,4239,322,0989,031,1330.35%-290,965
PROGRESSIVE CORP(PGR)154,309175,470+21,16135,139,91334,785,2861.33%-354,627
TERADATA CORP DEL(TDC)306,300347,849+41,5499,323,7728,915,1480.34%-408,624
INMODE LTD(INMD)187,259154,688-32,5712,750,8352,116,1320.08%-634,703
MASTERBRAND INC(MBC)742,876842,902+100,0268,201,3517,004,5160.27%-1,196,835
COPA HOLDINGS SA(CPA)409,572424,158+14,58649,398,47948,188,5901.85%-1,209,889
COCA-COLA EUROPACIFIC PARTNE
SHS
1,127,1751,109,745-17,430102,234,773100,620,5793.86%-1,614,194
AMAZON COM INC(AMZN)506,735552,798+46,063116,930,373115,277,3224.42%-1,653,051
MARKEL GROUP INC(MKL)22,98624,901+1,91549,411,85547,659,4851.83%-1,752,370
MASTERCARD INCORPORATED(MA)67,45672,740+5,28438,443,92136,402,3901.40%-2,041,531
ALPHABET INC(GOOG)344,933368,043+23,110107,962,839105,833,8374.06%-2,129,002
AUTODESK INC91,230103,718+12,48827,004,92724,829,9560.95%-2,174,971
BROOKFIELD ASSET MANAGMT LTD(BAM)326,021324,752-1,26917,102,86914,394,3800.55%-2,708,489
FLUTTER ENTMT PLC(FLUT)23,08915,503-7,5864,965,0591,580,5310.06%-3,384,528
THERMO FISHER SCIENTIFIC INC(TMO)85,54693,421+7,87549,601,77245,958,7991.76%-3,642,973
META PLATFORMS INC(META)95,985103,745+7,76063,357,27059,354,9352.28%-4,002,335
CEMEX SA EURO MTN BE 144A(CX)4,970,6084,624,113-346,49557,112,05652,900,0732.03%-4,211,983
IQVIA HLDGS INC(IQV)118,577128,999+10,42226,728,72821,998,6840.84%-4,730,044
GILDAN ACTIVEWEAR INC(GIL)744,881742,133-2,74846,620,47541,367,2261.59%-5,253,249
BANK NOVA SCOTIA B C1,094,1261,089,394-4,73280,811,45675,315,8702.89%-5,495,586
PAYCOM SOFTWARE INC(PAYC)205,170223,315+18,14532,694,89527,141,0691.04%-5,553,826
TRANSUNION(TRU)527,752569,292+41,54045,254,42639,390,2581.51%-5,864,168
VIPSHOP HLDGS LTD(VIPS)2,942,5512,925,605-16,94652,053,59445,990,5111.76%-6,063,083
MICRON TECHNOLOGY INC(MU)183,641134,816-48,82552,429,33845,564,2821.75%-6,865,056
SOUTHERN COPPER CORP(SCCO)646,882498,627-148,25592,808,01485,793,5983.29%-7,014,416
Alphabet Inc. - Class A(GOOG)24,6920-24,6927,748,3320-7,748,332
ELEVANCE HEALTH INC FORMERLY(ELV)246,811268,388+21,57786,519,14878,574,8543.01%-7,944,294
MICROSOFT CORP(MSFT)169,785196,994+27,20982,111,20572,920,6882.80%-9,190,517
BROOKFIELD CORP(BN)1,962,9791,955,732-7,24790,248,58278,998,4873.03%-11,250,095
HDFC BANK LTD(HDB)973,218943,113-30,10535,561,18823,464,2520.90%-12,096,936
Lyondellbasell Indu-CL A
SHS - A -
304,3670-304,36713,178,9130-13,178,913
Booking Holdings Inc.(BKNG)4,1120-4,11222,020,7320-22,020,732
Tencent Music Ent - Class A(TME)2,305,4130-2,305,41340,413,7850-40,413,785
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