Marathon Asset Management LLP — Q3 2017 13F Holdings

Name: Marathon Asset Management LLP — 13F Holdings, Q3 2017
Creator: AlphaSMO
License: https://www.sec.gov/forms

CIK: 0001040592

Total reported value

$8.3B

← Back to latest quarter

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	JNJ	Johnson & Johnson	Stock-Healthcare	4.03%	-3.51%	EXIT
2	ORCL	Oracle CORP	Stock-Tech	3.43%	-3.86%	EXIT
3	BIDU	Baidu INC - Spon Adr	Stock-Comm Services	3.35%	-2.68%	EXIT
4	PXGBX	Praxair INC	Stock-Other	2.71%	—	-3.91%
5	KO	Coca-cola Co/the	Stock-Consumer Staples	2.29%	-0.74%	EXIT
6	USB	US Bancorp	Stock-Financials	2.21%	—	-1.84%
7	HSY	Hershey Co/the	Stock-Consumer Staples	2.18%	-1.57%	EXIT
8	CNQ	Canadian Natural Resources	Stock-Energy	2.13%	—	+2.48%
9	BAM	Brookfield Asset Management Ltd.	Stock-Financials	2.13%	-2.01%	EXIT
10	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	2.09%	-2.92%	EXIT
11	PG	Procter & Gamble Co/the	Stock-Consumer Staples	2.08%	-1.01%	EXIT
12	TRV	Travelers Cos Inc/the	Stock-Financials	2.01%	-1.97%	EXIT
13	WAT	Waters CORP	Stock-Healthcare	1.96%	-1.48%	EXIT
14	MCD	Mcdonald's CORP	Stock-Consumer Disc	1.91%	—	-1.82%
15	BAX	Baxter International INC	Stock-Healthcare	1.80%	—	-40.54%
16	TXN	Texas Instruments INC	Stock-Tech	1.79%	-2.35%	EXIT
17	CL	Colgate-palmolive Co	Stock-Consumer Staples	1.75%	—	-1.85%
18	BKNG	Booking Hldgs INC	Stock-Consumer Disc	1.65%	—	-6.29%
19	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	1.64%	-1.15%	EXIT
20	WFC	Wells Fargo & Co	Stock-Financials	1.63%	-2.47%	EXIT
21	L	Loews CORP	Stock-Financials	1.61%	—	-1.81%
22	INTC	Intel CORP	Stock-Tech	1.59%	-1.81%	EXIT
23	EL	Estee Lauder Companies-cl A	Stock-Consumer Staples	1.55%	—	-1.87%
24	GOOG	Alphabet Inc-cl C	Stock-Comm Services	1.47%	-1.94%	EXIT
25	ADM	Archer-daniels-midland Co	Stock-Consumer Staples	1.39%	-2.35%	EXIT
26	AXP	American Express Co	Stock-Financials	1.38%	-1.53%	EXIT
27	AFL	Aflac INC	Stock-Financials	1.29%	—	-1.81%
28	OMC	Omnicom Group	Stock-Comm Services	1.29%	—	-18.33%
29	RCI	Rogers Communications Inc-b	Stock-Other	1.24%	—	-29.14%
30	PYPL	Paypal Holdings INC	Stock-Financials	1.24%	-0.76%	EXIT
31	MMM	3m Co	Stock-Industrials	1.18%	—	-6.41%
32	CB	Chubb Limited	Stock-Financials	1.16%	—	+3.62%
33	ACN	Accenture plc	Stock-Tech	1.14%	—	-1.88%
34	XLNXEUR	Xilinx INC	Stock-Other	1.12%	—	-1.84%
35	YUMC	Yum China Holdings INC	Stock-Consumer Disc	1.11%	-1.82%	EXIT
36	BG	Bunge Global SA	Stock-Consumer Staples	1.08%	-1.54%	EXIT
37	EBAY	Ebay INC	Stock-Consumer Disc	1.03%	—	-1.80%
38	ADI	Analog Devices INC	Stock-Tech	1.00%	-0.90%	EXIT
39	RBAGBP	Ritchie Bros Auctioneers	Stock-Other	0.93%	-0.83%	EXIT
40	PPG	Ppg Industries INC	Stock-Materials	0.93%	—	-1.80%
41	KMX	Carmax INC	Stock-Consumer Disc	0.92%	-1.36%	EXIT
42	MRK	Merck & Co. INC.	Stock-Healthcare	0.89%	-2.30%	EXIT
43	UTXZ	United Tech CORP	Stock-Other	0.88%	—	-1.81%
44	HIG	Hartford Insurance Group INC	Stock-Financials	0.85%	-1.04%	EXIT
45	HOG	Harley-davidson INC	Stock-Consumer Disc	0.83%	—	-29.13%
46	NOVEUR	National Oilwell Varco INC	Stock-Other	0.82%	—	-1.80%
47	UNP	Union Pacific CORP	Stock-Industrials	0.82%	-0.82%	EXIT
48	MXIM	Maxim Integrated Products	Stock-Other	0.78%	-0.87%	EXIT
49	AMZN	Amazon.com INC	Stock-Consumer Disc	0.78%	—	-1.79%
50	FLIR	Flir Systems INC	Stock-Other	0.76%	—	-1.81%

1–50 of 104

Holding changes this quarter

Position changes disclosed by Marathon Asset Management LLP for the quarter ending Q3 2017, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	BIDU	Baidu INC - Spon Adr	+1.2%	+18.04%	Add
2	BAX	Baxter International INC	+0.7%	-40.54%	Trim
3	BAM	Brookfield Asset Management Ltd.	+0.4%	+23.61%	Add
4	RBAGBP	Ritchie Bros Auctioneers	+0.4%	+54.90%	Add
5	CNQ	Canadian Natural Resources	+0.2%	+2.48%	Add
6	MXIM	Maxim Integrated Products	+0.2%	+42.74%	Add
7	TXN	Texas Instruments INC	+0.2%	+3.73%	Add
8	IPGP	Ipg Photonics CORP	+0.2%	+12.59%	Add
9	ADI	Analog Devices INC	+0.2%	+12.35%	Add
10	INTC	Intel CORP	+0.1%	+2.06%	Add
11	UNP	Union Pacific CORP	+0.1%	+16.91%	Add
12	G	Genpact Limited	+0.1%	+27.66%	Add
13	YUMC	Yum China Holdings INC	+0.1%	+15.71%	Add
14	KMX	Carmax INC	+0.1%	-1.80%	Trim
15	ADM	Archer-daniels-midland Co	+0.1%	+10.04%	Add
16	HSY	Hershey Co/the	+0.1%	+7.00%	Add
17	EL	Estee Lauder Companies-cl A	+0.1%	-1.87%	Trim
18	AXTA	Axalta Coating Systems Ltd.	+0.1%	+32.78%	Add
19	OBDC	Blue Owl Capital Corporation	+0.1%	-1.90%	Trim
20	HIG	Hartford Insurance Group INC	0%	+4.97%	Add
21	META	Meta Platforms Inc-class A	0%	-1.79%	Trim
22	XLNXEUR	Xilinx INC	0%	-1.84%	Trim
23	EBAY	Ebay INC	0%	-1.80%	Trim
24	ACN	Accenture plc	0%	-1.88%	Trim
25	AXP	American Express Co	0%	-1.80%	Trim
26	WFC	Wells Fargo & Co	—	+5.87%	Add
27	CHRW	C.h. Robinson Worldwide INC	-0.1%	-20.55%	Trim
28	WAT	Waters CORP	-0.2%	-1.85%	Trim
29	PYPL	Paypal Holdings INC	-0.2%	-25.74%	Trim
30	BKNG	Booking Hldgs INC	-0.2%	-6.29%	Trim
31	TWXCHF	Time Warner INC	-0.3%	-32.79%	Trim
32	✓		-0.4%	-47.65%	Trim
33	JNJ	Johnson & Johnson	-0.4%	-1.83%	Trim
34	ORCL	Oracle CORP	-0.4%	-1.83%	Trim
35	RCI	Rogers Communications Inc-b	-0.5%	-29.14%	Trim
36	NKE	Nike INC -cl B	-0.5%	-48.09%	Trim
37	HOG	Harley-davidson INC	-0.6%	-29.13%	Trim
38	OMC	Omnicom Group	-0.6%	-18.33%	Trim
39	ABX	Barrick Gold CORP	—	NEW	New buy
40	ADP	Automatic Data Processing	—	EXIT	Sold out
41	CP	Canadian Pacific Kansa F	—	NEW	New buy
42	BEN	Franklin Resources INC	—	EXIT	Sold out
43	TD	Toronto-dominion Bank	—	NEW	New buy
44	RY	Royal Bank Of Canada	—	NEW	New buy
45	BCE	Bce INC	—	NEW	New buy
46	MGA	Magna International INC	—	NEW	New buy
47	FNV	Franco-nevada CORP	—	NEW	New buy
48	VAREUR	Varian Medical Systems INC	—	EXIT	Sold out
49	✓		—	EXIT	Sold out
50	GIL	Gildan Activewear INC	—	NEW	New buy