Marathon Trading Investment Management LLC
Marathon Trading Investment Management LLC reported 141 US-listed holdings worth $877.1 million in its 13F for the quarter ended 30 June 2026, filed 12 August 2026. Its largest: NVIDIA Corp. (22.4%), Tesla, Inc. (14.4%) and Alphabet Inc. (9.5%). Against the quarter before, it opened 27 positions, added to 33, trimmed 53 and sold out of 36.
Reported holdings$877.1M+160.4% on Q1 2026
Positions141-9 on Q1 2026
The largest ten85.7%of its reported holdings
Latest 13FQ2 2026filed 12 August 2026
Added toTrimmed
The 14 largest of its 141 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +44.5% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Its reported holdingsThe S&P 500
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Opened 27Added 33Held 28Trimmed 53Sold out 36
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 27
- Yandex N V NBIS$4.6 million
- Oklo Inc. OKLO$2.2 million
- iShares Inc. EWJ$1.5 million
- ServiceNow, Inc. NOW$1.5 million
- Zscaler Inc. ZS$1.3 million
- AT&T Inc. T$1.2 million
- Cerebras Systems Inc. Com Class A CBRS$1.1 million
- iShares Trust FXI$991,926
and 19 more in the table below
Added to 33
- NVIDIA Corp. NVDA+919,566 shares · +1427%
- Tesla, Inc. TSLA+238,341 shares · +381%
- Alphabet Inc. GOOGL+231,656 shares · +26597%
- Taiwan Semiconductor Manufacturing Company Limited TSM+150,287 shares · +300574%
- Meta Platforms, Inc. META+120,156 shares · +12542%
- Amazon.com Inc. AMZN+218,932 shares · +5557%
- Micron Technology Inc. MU+16,849 shares · +2966%
- SPDR S&P 500 SPY+25,829 shares · +81%
and 25 more in the table below
Trimmed 53
- Microsoft Corp. MSFT-93,709 shares · -46%
- SPDR Gold Trust GLD-56,091 shares · -75%
- Broadcom Inc. AVGO-50,243 shares · -98%
- Alibaba Group Holding Limited BABA-92,778 shares · -86%
- Microstrategy Inc. MSTR-58,096 shares · -52%
- Intel Corp. INTC-26,247 shares · -86%
- Versant Media Group, Inc. VSNT-101,438 shares · -53%
- iShares Bitcoin Trust ETF IBIT-107,590 shares · -46%
and 45 more in the table below
Sold out of 36
- Oracle Corp. ORCL$6.9 million last quarter
- Mara Holdings, Inc. MARA$6.0 million last quarter
- Boeing Co. BA$4.3 million last quarter
- BlackRock Fund Advisors EUFN$2.6 million last quarter
- Coinbase Global, Inc. COIN$1.2 million last quarter
- PayPal Holdings, Inc. PYPL$1.0 million last quarter
- Charles Schwab Corp. SCHW$704,850 last quarter
- Atlassian Corporation TEAM$662,025 last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| NVIDIA Corp. NVDA | 984.0K | $196.9 million | 22.45% | +919.6K |
| Tesla, Inc. TSLA | 300.8K | $126.5 million | 14.43% | +238.3K |
| Alphabet Inc. GOOGL | 232.5K | $83.1 million | 9.47% | +231.7K |
| Taiwan Semiconductor Manufacturing Company Limited TSM | 150.3K | $71.8 million | 8.19% | +150.3K |
| Meta Platforms, Inc. META | 121.1K | $68.2 million | 7.78% | +120.2K |
| Amazon.com Inc. AMZN | 222.9K | $53.1 million | 6.06% | +218.9K |
| Bloom Energy Corp. BE | 155.0K | $46.9 million | 5.35% | +4.7K |
| SPDR S&P 500 SPY | 57.5K | $43.0 million | 4.90% | +25.8K |
| Microsoft Corp. MSFT | 112.0K | $41.8 million | 4.76% | -93.7K |
| Micron Technology Inc. MU | 17.4K | $20.1 million | 2.29% | +16.8K |
| Apple Inc. AAPL | 54.3K | $15.7 million | 1.79% | +53.2K |
| Vaneck ETF Trust GDX | 202.2K | $15.3 million | 1.74% | +100.2K |
| SPDR Gold Trust GLD | 19.1K | $7.0 million | 0.80% | -56.1K |
| Microstrategy Inc. MSTR | 54.0K | $4.7 million | 0.53% | -58.1K |
| Yandex N V NBIS | 16.7K | $4.6 million | 0.53% | new |
| United STS Oil FD LP USO | 42.8K | $4.6 million | 0.52% | +30.4K |
| iShares Bitcoin Trust ETF IBIT | 123.9K | $4.1 million | 0.47% | -107.6K |
| Applied Digital Corp. APLD | 97.5K | $3.6 million | 0.41% | +2.0K |
| Invesco QQQ Trust QQQ | 4.9K | $3.6 million | 0.41% | +4.0K |
| Versant Media Group, Inc. VSNT | 91.2K | $3.3 million | 0.37% | -101.4K |
| Bank America Corp. | 2.5K | $3.1 million | 0.35% | no change |
| iShares Trust IGV | 28.5K | $2.6 million | 0.29% | +25.6K |
| Netflix Inc. NFLX | 33.2K | $2.4 million | 0.27% | +29.5K |
| Oklo Inc. OKLO | 42.0K | $2.2 million | 0.25% | new |
| JD.com, Inc. JD | 86.0K | $2.2 million | 0.25% | -44.0K |
| Palantir Technologies Inc. PLTR | 16.1K | $1.9 million | 0.21% | +15.4K |
| Iris Energy Ltd IREN | 37.0K | $1.7 million | 0.19% | +36.1K |
| Opendoor Technologies Inc. OPEN | 341.1K | $1.6 million | 0.18% | -100 |
| iShares Inc. EWJ | 16.0K | $1.5 million | 0.17% | new |
| ServiceNow, Inc. NOW | 15.0K | $1.5 million | 0.17% | new |
| KraneShares Trust KWEB | 60.3K | $1.5 million | 0.17% | +12.0K |
| Alibaba Group Holding Limited BABA | 14.5K | $1.4 million | 0.16% | -92.8K |
| Trump Media & Technology Group Com DJT | 177.4K | $1.4 million | 0.16% | +24.9K |
| Zscaler Inc. ZS | 9.1K | $1.3 million | 0.15% | new |
| Sharplink Gaming Inc. SBET | 266.6K | $1.3 million | 0.15% | -256.5K |
| UnitedHealth Group Inc. UNH | 3.0K | $1.3 million | 0.14% | -6.9K |
| SPDR Ser Trust KRE | 16.8K | $1.3 million | 0.14% | -5.2K |
| AT&T Inc. T | 60.0K | $1.2 million | 0.14% | new |
| Cerebras Systems Inc. Com Class A CBRS | 5.0K | $1.1 million | 0.13% | new |
| Nike, Inc. NKE | 26.7K | $1.1 million | 0.12% | +19.5K |
| Intuit Inc. INTU | 4.0K | $1.0 million | 0.12% | +2.3K |
| Salesforce, Inc. CRM | 6.4K | $1.0 million | 0.11% | +4.2K |
| iShares Trust FXI | 31.4K | $991,926 | 0.11% | new |
| Rivian Automotive Inc. RIVN | 49.6K | $860,161 | 0.10% | -128.0K |
| Sofi Technologies Inc. SOFI | 46.7K | $837,995 | 0.10% | +40.7K |
| Costco Wholesale Corp. COST | 800 | $748,376 | 0.09% | new |
| Core Scientific Inc. New CORZ | 27.8K | $711,863 | 0.08% | -28.2K |
| Circle Internet Group Inc. CRCL | 10.1K | $630,496 | 0.07% | -6.7K |
| Qualcomm Inc. QCOM | 3.4K | $619,046 | 0.07% | new |
| Intel Corp. INTC | 4.2K | $582,536 | 0.07% | -26.2K |
| Kenvue Inc. KVUE | 30.2K | $577,160 | 0.07% | -10.2K |
| Wells Fargo & Company WFC | 6.5K | $533,028 | 0.06% | +6.4K |
| ARK ETF Trust ARKK | 6.5K | $527,027 | 0.06% | new |
| Avis Budget Group, Inc. CAR | 3.5K | $520,509 | 0.06% | new |
| GameStop Corp. GME | 23.3K | $514,707 | 0.06% | +20.4K |
| Wells Fargo Co. New | 444 | $513,708 | 0.06% | no change |
| International Business Machines Corp. IBM | 1.7K | $491,836 | 0.06% | new |
| Nextnav Inc. NN | 25.2K | $448,799 | 0.05% | +12.0K |
| Advanced Micro Devices Inc. AMD | 758 | $440,330 | 0.05% | +502 |
| Pagaya Technologies Ltd PGY | 23.9K | $435,554 | 0.05% | -27.7K |
| Broadcom Inc. AVGO | 1.1K | $431,769 | 0.05% | -50.2K |
| iShares Trust IHI | 8.4K | $414,649 | 0.05% | new |
| Select Sector SPDR Trust XLE | 7.8K | $414,258 | 0.05% | +2.6K |
| Electronic Arts Inc EA | 2.0K | $410,080 | 0.05% | new |
| Amc Entmt Hldgs Inc. AMC | 211.2K | $401,263 | 0.05% | -106.5K |
| PDD Holdings Inc. PDD | 4.9K | $373,162 | 0.04% | -25.7K |
| Dell Technologies Inc. DELL | 820 | $353,797 | 0.04% | new |
| Sentinelone Inc. S | 20.6K | $349,582 | 0.04% | -23.4K |
| Eli Lilly & Co. LLY | 290 | $347,835 | 0.04% | -210 |
| Palo Alto Networks Inc. PANW | 1.0K | $344,430 | 0.04% | -690 |
| Skydance Corp. PSKY | 33.1K | $326,327 | 0.04% | -23.6K |
| Super Micro Computer, Inc. SMCI | 10.7K | $313,303 | 0.04% | new |
| Comcast Corp. CMCSA | 11.9K | $292,145 | 0.03% | new |
| Enovix Corporation ENVX | 47.6K | $288,823 | 0.03% | -127.4K |
| Zillow Group Inc. Z | 9.0K | $283,680 | 0.03% | no change |
| SAP SE SAP | 1.8K | $277,398 | 0.03% | -2.8K |
| Snowflake Inc. SNOW | 1.0K | $254,500 | 0.03% | new |
| Ford Motor Co. F | 18.2K | $252,980 | 0.03% | new |
| Microstrategy Inc. STRK | 4.1K | $241,162 | 0.03% | +2.0K |
| Copart Inc. CPRT | 8.5K | $239,615 | 0.03% | no change |
| iShares Inc. EWY | 1.2K | $237,232 | 0.03% | new |
| Hewlett Packard Enterprise Co. HPE | 5.2K | $234,572 | 0.03% | new |
| iShares Silver Trust SLV | 4.3K | $229,333 | 0.03% | -7.7K |
| Campbell's Co. CPB | 10.0K | $222,700 | 0.03% | no change |
| Chipotle Mexican Grill Inc. CMG | 6.5K | $221,000 | 0.03% | -3.3K |
| Lowe's Companies Inc. LOW | 1.0K | $220,490 | 0.03% | -100 |
| Vaneck ETF Trust GDXJ | 2.2K | $216,150 | 0.02% | +300 |
| Plug Power Inc. PLUG | 77.8K | $210,838 | 0.02% | -7.4K |
| NIO Inc. NIO | 41.1K | $208,067 | 0.02% | -1.9K |
| General Electric Co. GE | 550 | $205,551 | 0.02% | new |
| Reddit, Inc. RDDT | 1.2K | $203,609 | 0.02% | -839 |
| Stubhub Hldgs Inc. STUB | 14.6K | $188,134 | 0.02% | -43.3K |
| Wolfspeed Inc. WOLF | 3.9K | $186,342 | 0.02% | -15.5K |
| Merck & Co., Inc. MRK | 1.4K | $179,900 | 0.02% | -521 |
| Coreweave Inc. CRWV | 1.8K | $174,195 | 0.02% | -4.7K |
| Blackberry Ltd BB | 13.6K | $172,040 | 0.02% | -4.9K |
| ProShares Trust BITO | 21.5K | $171,586 | 0.02% | no change |
| Bitmine Immersion Tecnologie BMNR | 11.8K | $156,832 | 0.02% | +4.3K |
| Marvell Technology, Inc. MRVL | 496 | $147,753 | 0.02% | new |
| Beyond Meat, Inc. BYND | 192.8K | $144,583 | 0.02% | -1.9M |
| Quantumscape Corp. QS | 19.1K | $144,577 | 0.02% | -2.2K |
| C3 Ai Inc. AI | 15.3K | $139,368 | 0.02% | -2.0K |
| iShares Trust MUB | 1.2K | $129,144 | 0.01% | no change |
| Nuscale PWR Corp. SMR | 12.6K | $126,378 | 0.01% | -23.4K |
| Virgin Galactic Holdings Inc. SPCE | 42.9K | $123,952 | 0.01% | -200 |
| Bigbear Ai Hldgs Inc. BBAI | 31.0K | $113,770 | 0.01% | -3.0K |
| Sandisk Corp. SNDK | 50 | $113,686 | 0.01% | new |
| Xerox Holdings Corp. XRX | 35.7K | $111,600 | 0.01% | -25.0K |
| Transocean Ltd RIG | 22.5K | $110,025 | 0.01% | -4.0K |
| Arm Holdings plc ARM | 300 | $106,371 | 0.01% | -2.6K |
| Cronos Group Inc. CRON | 38.2K | $106,196 | 0.01% | no change |
| Canopy Growth Corp. CGC | 109.6K | $104,120 | 0.01% | -1.5K |
| Pony Ai Inc. PONY | 13.9K | $96,563 | 0.01% | -2.9K |
| Beyond Inc. NXH | 16.3K | $94,377 | 0.01% | +5.3K |
| Sealsq Corp. LAES | 28.3K | $89,145 | 0.01% | -21.9K |
| iShares Trust INDA | 1.7K | $82,037 | 0.01% | -2.7K |
| Peloton Interactive, Inc. PTON | 12.5K | $73,875 | 0.01% | -1.3K |
| Asana Inc. ASAN | 10.0K | $70,000 | 0.01% | no change |
| Tilray Brands Inc. TLRY | 13.5K | $60,480 | 0.01% | -100 |
| Snap Inc. SNAP | 13.4K | $59,452 | 0.01% | -81.1K |
| Clover Health Investments Corp CLOV | 11.0K | $57,640 | 0.01% | no change |
| iShares Trust EEM | 700 | $47,887 | 0.01% | -12.5K |
| B&G Foods Inc BGS | 10.0K | $39,800 | 0.00% | no change |
| Financial Select Sector SPDR ETF XLF | 652 | $34,954 | 0.00% | new |
| American Bitcoin Corp. ABTC | 39.2K | $26,699 | 0.00% | no change |
| Hertz Global Hldgs Inc. HTZ | 10.3K | $23,330 | 0.00% | new |
| Xerox Holdings Corp. XRXDW | 30.3K | $8,338 | 0.00% | no change |
| Palladyne Ai Corp. PDYN | 500 | $3,040 | 0.00% | no change |
| Buzzfeed Inc. BZFD | 2.0K | $2,920 | 0.00% | no change |
| Envoy Medical Inc. COCHW | 32.9K | $1,638 | 0.00% | no change |
| Opendoor Technologies Inc. OPENW | 1.8K | $878 | 0.00% | no change |
| Palladyne Ai Corp. PDYNW | 25.3K | $812 | 0.00% | no change |
| Faraday Future Intlgt Elec I FFAI | 2.5K | $585 | 0.00% | no change |
| Opendoor Technologies Inc. OPENL | 1.8K | $501 | 0.00% | no change |
| Opendoor Technologies Inc. OPENZ | 1.8K | $426 | 0.00% | no change |
| Buzzfeed Inc. BZFDW | 8.3K | $204 | 0.00% | no change |
| Moolec Science SA MLECW | 12.5K | $182 | 0.00% | no change |
| Faraday Future Intlgt Elec I FFAIW | 11.7K | $168 | 0.00% | no change |
| Ess Tech Inc. GWHWS | 20.1K | $111 | 0.00% | no change |
| Swvl Holdings Corp. SWVLW | 10.0K | $72 | 0.00% | no change |
| Bed Bath & Beyond Inc. WT Exp 100726 BBBYWS | 100 | $42 | 0.00% | no change |
Every US-listed position in the fund's 13F for the quarter ended 30 June 2026, by the value it reported.
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Change is shares against its 13F for the quarter before; the 36 it sold out of are in the box above.Options it reported
| Company | Option | Shares under the options | Value of those shares |
|---|---|---|---|
| iShares Silver Trust | Calls | 6.7M | $357.0 million |
| Nvidia Corporation | Puts | 1.1M | $217.2 million |
| SPDR Gold Trust | Puts | 505.8K | $186.3 million |
| iShares Silver Trust | Puts | 2.9M | $153.1 million |
| SPDR S&P 500 ETF Trust | Puts | 179.2K | $133.8 million |
| Invesco QQQ Trust | Puts | 170.1K | $125.3 million |
| SPDR Gold Trust | Calls | 277.2K | $102.1 million |
| Tesla Inc. | Calls | 229.3K | $96.4 million |
| Vaneck ETF Trust | Puts | 320.6K | $89.8 million |
| Alphabet Inc. | Puts | 230.0K | $82.2 million |
| Taiwan Semiconductor MFG Ltd | Puts | 157.0K | $75.0 million |
| iShares Bitcoin Trust ETF | Puts | 2.1M | $71.4 million |
| Meta Platforms Inc. | Puts | 120.0K | $67.6 million |
| Tesla Inc. | Puts | 155.0K | $65.2 million |
| Amazon Com Inc. | Puts | 220.0K | $52.4 million |
| Micron Technology Inc. | Puts | 39.3K | $45.4 million |
| iShares Bitcoin Trust ETF | Calls | 1.3M | $42.7 million |
| Microsoft Corp. | Puts | 112.0K | $41.8 million |
| SPDR S&P 500 ETF Trust | Calls | 55.8K | $41.7 million |
| Space Exploration Techn Corp. | Calls | 149.2K | $25.5 million |
| Vaneck ETF Trust | Calls | 31.6K | $20.7 million |
| Pagaya Technologies Ltd | Puts | 876.4K | $16.0 million |
| Apple Inc. | Puts | 55.0K | $15.9 million |
| Yandex N V | Puts | 43.8K | $12.1 million |
| Microsoft Corp. Call Oct 430 | Calls | 31.0K | $11.6 million |
| Space Exploration Techn Corp. | Puts | 61.0K | $10.4 million |
| iShares Trust | Puts | 116.8K | $10.1 million |
| iShares Inc. | Calls | 100.0K | $9.3 million |
| Iris Energy Ltd | Puts | 175.8K | $8.0 million |
| Warner Bros Discovery Inc. | Puts | 279.6K | $7.5 million |
| iShares Inc. | Calls | 200.0K | $6.9 million |
| PDD Holdings Inc. | Calls | 85.7K | $6.5 million |
| Iris Energy Ltd | Calls | 140.0K | $6.4 million |
| PDD Holdings Inc. | Puts | 82.5K | $6.3 million |
| Unitedhealth Group Inc. | Calls | 15.0K | $6.2 million |
| Jd.com Inc. | Puts | 220.3K | $5.6 million |
| Kraneshares Trust | Calls | 196.5K | $4.8 million |
| Microstrategy Inc. | Puts | 55.0K | $4.8 million |
| iShares Trust | Calls | 150.3K | $4.8 million |
| Wolfspeed Inc. | Calls | 95.2K | $4.6 million |
| Sandisk Corp. | Puts | 2.0K | $4.5 million |
| Advanced Micro Devices Inc. | Puts | 7.7K | $4.5 million |
| Yandex N V | Calls | 14.3K | $3.9 million |
| Bloom Energy Corp. | Puts | 12.5K | $3.8 million |
| Microstrategy Inc. | Calls | 39.7K | $3.5 million |
| Marvell Technology Inc. | Puts | 11.5K | $3.4 million |
| Alibaba Group Hldg Ltd | Puts | 32.5K | $3.1 million |
| Core Scientific Inc. New | Calls | 117.4K | $3.0 million |
| Palantir Technologies Inc. | Puts | 25.6K | $3.0 million |
| iShares Ethereum Trust | Calls | 250.0K | $3.0 million |
| Alibaba Group Hldg Ltd | Calls | 30.0K | $2.9 million |
| Intel Corp. | Calls | 20.5K | $2.9 million |
| Super Micro Computer Inc. | Puts | 88.9K | $2.6 million |
| Warner Bros Discovery Inc. | Calls | 95.3K | $2.5 million |
| Comcast Corp. New | Calls | 100.0K | $2.5 million |
| Kraneshares Trust | Puts | 100.0K | $2.4 million |
| Invesco QQQ Trust | Calls | 3.1K | $2.3 million |
| Nvidia Corporation Call Oct 120 | Calls | 11.0K | $2.2 million |
| Rivian Automotive Inc. | Puts | 125.2K | $2.2 million |
| Micron Technology Inc. | Calls | 1.8K | $2.1 million |
| Nike Inc. | Puts | 50.0K | $2.1 million |
| Qualcomm Inc. | Puts | 10.0K | $1.8 million |
| Trump Media & Technology Gro | Puts | 225.0K | $1.7 million |
| Eli Lilly & Co. | Calls | 1.4K | $1.7 million |
| Beyond Meat Inc. | Calls | 2.1M | $1.6 million |
| Salesforce Inc. | Puts | 10.0K | $1.6 million |
| Wolfspeed Inc. | Puts | 31.3K | $1.5 million |
| Apple Inc. Call Oct 230 | Calls | 5.0K | $1.4 million |
| Intel Corp. | Puts | 10.1K | $1.4 million |
| Sellas Life Sciences Group I | Calls | 95.0K | $1.4 million |
| Jd.com Inc. | Calls | 55.0K | $1.4 million |
| iShares Ethereum Trust | Puts | 110.1K | $1.3 million |
| Sandisk Corp. | Calls | 500 | $1.1 million |
| Meta Platforms Inc. | Calls | 2.0K | $1.1 million |
| Core Scientific Inc. New | Puts | 40.0K | $1.0 million |
| Sealsq Corp. | Calls | 319.4K | $1.0 million |
| Coreweave Inc. | Calls | 10.0K | $995,400 |
| Dell Technologies Inc. | Puts | 2.0K | $862,920 |
| International Business Machs | Calls | 3.0K | $843,630 |
| Gamestop Corp. New | Calls | 35.1K | $775,008 |
| Roundhill ETF Trust | Puts | 10.4K | $768,040 |
| Broadcom Inc. | Puts | 2.0K | $755,500 |
| Advanced Micro Devices Inc. Call Oct 140 | Calls | 1.3K | $755,183 |
| Netflix Inc. | Puts | 10.0K | $714,000 |
| Arm Holdings PLC | Puts | 2.0K | $709,140 |
| Roundhill ETF Trust | Calls | 9.0K | $664,650 |
| Marvell Technology Inc. | Calls | 2.0K | $595,780 |
| Nextnav Inc. | Calls | 31.1K | $554,513 |
| iShares Trust | Calls | 5.3K | $480,180 |
| iShares Trust | Puts | 5.1K | $462,060 |
| Sofi Technologies Inc. | Calls | 25.0K | $448,250 |
| Circle Internet Group Inc. | Puts | 7.0K | $438,410 |
| Mara Holdings Inc. | Puts | 30.1K | $418,089 |
| Kenvue Inc. | Calls | 20.1K | $384,111 |
| Coinbase Global Inc. | Puts | 2.5K | $365,475 |
| Enovix Corporation | Calls | 54.5K | $330,815 |
| Palantir Technologies Inc. Call Oct 43 | Calls | 2.7K | $315,009 |
| Super Micro Computer Inc. | Calls | 10.0K | $293,300 |
| Alphabet Inc. Call Oct 170 | Calls | 800 | $282,664 |
| United STS Oil FD LP | Puts | 2.6K | $276,744 |
The largest 100 of 137 option lines.