Marathon Asset Management LP Portfolio Analysis Q2 2026
Marathon Asset Management LP maintained its entire $29.99 million portfolio in the second quarter of 2026, with a Technology allocation of 78.9% and Communication Services at 21.1%. The investor held two positions.
As of June 30th, 2026, Marathon Asset Management LP maintained its entire portfolio value of $29,992,777 throughout the second quarter. According to available data, there were no changes in holdings outside these two stocks.
The investor's activity this period was dominated by a significant increase in both existing positions:
- RXT (Rackspace Technology Inc.) saw its total shares held jump to 3,624,047. This represents a full replacement of the previous position as it increased by 100% from the prior period.
- IHRT (iHeartMedia Inc.) also experienced a complete share increase, rising to 1,475,000 shares, marking a 100% change from the previous quarter.
Rackspace Technology Inc. (RXT) constituted approximately 61.89% of Marathon Asset Management LP's portfolio allocation as of Q2 2026, making it the largest holding.
iHeartMedia Inc. (IHRT) held a substantial position worth $6,327,750 and accounted for about 16.55% of the total portfolio value.
From an allocation perspective, Marathon Asset Management LP heavily favored Technology stocks with nearly $23,665,027 invested in RXT alone (78.9% of the total). The remaining portfolio was allocated to Communication Services via IHRT at a value of $6,327,750.
The investor's focus appears concentrated within these two sectors and specific companies during Q2 2026. No other stocks were part of this quarter's holdings according to the disclosed data.