MARATHON ASSET MANAGEMENT LP

Comprehensive Analysis of SEC 13F Filing: Marathon Asset Management LP

1. Portfolio Overview

Marathon Asset Management LP’s filing for the period ending September 30, 2025, reveals a significant contraction in portfolio size and a substantial shift in asset allocation. The total portfolio value decreased by 30.8%, dropping from $44.14M to $30.54M. This reduction in Assets Under Management (AUM) is driven not merely by market performance but by aggressive deleveraging and positi...