13F Pro13F Pro

Marathon Trading Investment Management LLC

Institutional InvestorSimilar funds →SEC EDGAR: CIK 1572748
Institutional-grade research for retail investors

Sector Allocation

  • Technology65.0%$570.4M
  • Consumer Discretionary21.4%$187.4M
  • Other8.2%$72.1M
  • Financials3.5%$30.6M
  • Communication Services0.9%$8.1M
  • Utilities0.3%$2.2M
  • Healthcare0.2%$2.1M
  • Consumer Staples0.2%$1.7M
  • Real Estate0.2%$1.6M
  • Industrials0.1%$739,633

AUM History

13fpro.ai/research/fund/marathon-trading-investment-management-llc-1572748

Conviction and streaks

Concentrating · top 10 = 85.7%

From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.

NVDA$NVDAConviction hold22.4% weight · held 10 quartersGOOG$GOOGConviction hold9.5% weight · held 9 quartersTSM$TSMConviction hold8.2% weight · held 9 quartersMETA$METAConviction hold7.8% weight · held 9 quartersAMZN$AMZNConviction hold6.1% weight · held 10 quarters$Accumulating+69% shares · 3 quarters runningBE$BEAccumulating+7% shares · 2 quarters running$Accumulating+2509% shares · 2 quarters runningUSO$USOAccumulating+2304% shares · 2 quarters running$Accumulating+90% shares · 2 quarters runningCORZ$CORZTrimming-88% shares · 3 quarters runningINTC$INTCTrimming-97% shares · 3 quarters runningMRK$MRKTrimming-96% shares · 3 quarters runningCRWV$CRWVTrimming-97% shares · 3 quarters runningSPCE$SPCETrimming-59% shares · 3 quarters running

Largest positions — Q2 2026

Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.

13fpro.ai/research/fund/marathon-trading-investment-management-llc-1572748

Marathon Trading Investment Management LLC 13F holdings — Q2 2026

$3.2B portfolio (-12.2% QoQ) · 278 holdings · Q2 2026 13F · top 10 are 86% of the stock portfolio

Includes $2.3B of put/call options ($1.6B puts, $797.2M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $877.1M. Weights use the stock portfolio.

All holdings — Marathon Trading Investment Management LLC (Q2 2026)

278 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.

Company
SLV$SLVCALLiShares Silver Trust$357.0M-54%
NVDA$NVDAPUTNVIDIA CORP$217.2M+626%
GLD$GLDPUTSPDR GOLD TRUST$186.3M+0.6%
SLV$SLVPUTiShares Silver Trust$153.1M-72%
SPY$SPYPUTSPDR S&P 500 ETF TRUST$133.8M-67%
QQQ$QQQPUTINVESCO QQQ TRUST, SERIES 1$125.3M+288%
GLD$GLDCALLSPDR GOLD TRUST$102.1M-7%
TSLA$TSLACALLTesla, Inc.$96.4M-30%
— PUTVANECK ETF TRUST - Option$89.8M+169%
GOOG$GOOGPUTAlphabet Inc.$82.2MNew
TSM$TSMPUTTAIWAN SEMICONDUCTOR MANUFACTURING CO LTD$75.0MNew
IBIT$IBITPUTiShares Bitcoin Trust ETF$71.4M-36%
META$METAPUTMeta Platforms, Inc.$67.6MNew
TSLA$TSLAPUTTesla, Inc.$65.2M+6100%
AMZN$AMZNPUTAMAZON COM INC$52.4M+7233%

What changed in Q2 2026

Against the previous quarter's 13F: 69 new, 69 added to, 103 trimmed, 83 sold out. Share-count changes; largest moves by dollar size first.

New positions (69)

  • GOOG$GOOGPUTAlphabet Inc.$82.2M

    first bought this quarter

  • CALLSPACE EXPLORATION TECHN CORP - Option$25.5M

    first bought this quarter

  • AAPL$AAPLPUTApple Inc.$15.9M

    first bought this quarter

  • NBIS$NBISPUTNebius Group N.V.$12.1M

    first bought this quarter

  • PUTSPACE EXPLORATION TECHN CORP - Option$10.4M

    first bought this quarter

  • CALLISHARES INC - Option$9.3M

    first bought this quarter

+63 more in the Excel export

Added to (69)

  • NVDA$NVDAPUTNVIDIA CORP+626%

    now $217.2M

  • NVDA$NVDANVIDIA CORP+1427%

    now $196.9M · held 10+ qtrs

  • TSLA$TSLATesla, Inc.+381%

    now $126.5M · held 3 qtrs

  • QQQ$QQQPUTINVESCO QQQ TRUST, SERIES 1+288%

    now $125.3M

  • TSLA$TSLAPUTTesla, Inc.+6100%

    now $65.2M

  • PUTVANECK ETF TRUST - Option+169%

    now $89.8M

+63 more in the Excel export

Trimmed (103)

  • SLV$SLVCALLiShares Silver Trust-54%

    now $357.0M

  • SLV$SLVPUTiShares Silver Trust-72%

    now $153.1M

  • SPY$SPYCALLSPDR S&P 500 ETF TRUST-87%

    now $41.7M

  • SPY$SPYPUTSPDR S&P 500 ETF TRUST-67%

    now $133.8M

  • IBIT$IBITPUTiShares Bitcoin Trust ETF-36%

    now $71.4M

  • TSLA$TSLACALLTesla, Inc.-30%

    now $96.4M

+97 more in the Excel export

Sold out (83)

  • ORCL$ORCLPUTORACLE CORPwas $7.4M
  • CALLISHARES TRwas $7.0M
  • ORCL$ORCLORACLE CORPwas $6.9M

    held 3 qtrs

  • MARA$MARAMARA Holdings, Inc.was $6.0M

    held 6 qtrs

  • BA$BABOEING COwas $4.3M

    held 9+ qtrs

  • ISHARES TRwas $2.6M

+77 more in the Excel export

Share

Holdings by quarter

Every 13F Marathon Trading Investment Management LLC has filed, 40 earlier quarters. Pick one to see what it held then.

Email me the moment this fund files its next 13FPro

Is it too late to follow Marathon Trading Investment Management?

Q2 2026 13F filed with the SEC on Aug 12, 2026. Prices are closing prices as of Oct 26, 2026.

Average quality of Marathon Trading Investment Management's top 20 holdings: 74/100 (our AI quality score, weighted by position size; 13 of the 20 are scored)

Top 10 since filing

+1.2%

Value-weighted move of the 10 largest stock positions

Turnover

25%

Last quarter; 113% over the last 4

Top 10 weight

86%

Share of the stock portfolio in its 10 largest positions

Held 4+ quarters

69%

Share of portfolio value in positions held a year or more

Highest-quality names it owns(among its 100 largest positions)

The 8 highest-scoring companies in this portfolio are a Pro feature.

How these are measured
  • Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
  • Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
  • Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
  • Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
  • Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.

Portfolio Overview

Marathon Trading Investment Management LLC disclosed 278 positions worth $3.2B in its Form 13F-HR for Q2 2026 — $877.1M in common stock plus $2.3B of put/call option positions (reported at underlying notional value, not premium at risk), led by $NVDA (NVIDIA CORP) at 22.4% of the equity portfolio, followed by $TSLA and $GOOGL. During the quarter the fund opened 69 new positions and exited 83 — including a new stake in $GOOG and a full exit from $ORCL. The portfolio is most concentrated in Technology (65.0% of disclosed assets). All figures are sourced directly from Marathon Trading Investment Management LLC’s Form 13F-HR filing with the SEC under CIK 1572748.

Funds like this

managers whose biggest positions overlap Marathon Trading Investment Management's
TCM Advisors, LLC$1.30B 13F book · 3 shared top holdingsSLVIBITUSOFore Capital, LLC$338.44M 13F book · 3 shared top holdingsSLVBABAJDValue Aligned Research Advisors, LLC$40.11B 13F book · 5 shared top holdingsBENBISIRENCORZSituational Awareness LP$20.24B 13F book · 5 shared top holdingsBENBISIRENCORZBrevan Howard Capital Management LP$13.51B 13F book · 6 shared top holdingsIBITBEPDDBABAMonaco Asset Management SAM$1.26B 13F book · 3 shared top holdingsSLVBABAJD

Browse Top Institutional Investors

13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.

Berkshire HathawayBridgewater AssociatesCitadel AdvisorsRenaissance TechnologiesTwo Sigma InvestmentsDE Shaw & CoMillennium ManagementAQR Capital ManagementPoint72 Asset ManagementTiger Global ManagementVanguard GroupBlackRock

to search all 8,700+ institutional filers.

AI-Powered Hedge Fund Analysis: Marathon Trading Investment Management LLC

13F Pro is an AI hedge fund tracker and stock research platform. For Marathon Trading Investment Management LLC (SEC CIK: 1572748), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.

Every holding in Marathon Trading Investment Management LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.