Marathon Petroleum Corp. (MPC) & General Motors Company (GM) Are Among Largest Holdings in Marathon Asset Management’s Latest 13F

In the current round of 13F filings, hedge funds and other institutional investors are disclosing their equity portfolios as held at the end of the last year. In its latest 13F, Bruce J. Richards and Louis Hanover’s Marathon Asset Management revealed its holdings as held at the end of the fourth quarter of 2013.

Marathon Petroleum Corp (NYSE:MPC)

The total value of Marathon Asset Management’s equity portfolio jumped to $2.48 billion in the fourth quarter from $1.61 billion in the third quarter of 2013. In this piece, we will look at Marathon Asset Management’s top five holdings in terms of value that the fund has held in his equity portfolio at the end of last year.

The first one is Marathon Petroleum Corp. (NYSE:MPC) in which the fund disclosed 959,772 shares, worth $83.04 million, up from 300,000 shares reported in third quarter. Marathon Petroleum Corp. (NYSE:MPC) is the largest refiner, with a crude oil refining capacity of about 1.7 million barrels per calendar day in its seven-refinery system.

The second position is General Motors Company (NYSE:GM) in which the fund disclosed a stake of about $49.05 million. The fund owns 1.20 million shares of the company.

Third on the list is MBIA Inc. (NYSE:MBI), in which the fund disclosed ownership of 4.05 million shares, worth $48.34 million. The fund held 4.91 million shares at the end of the third quarter.

CIT Group Inc. (NYSE:CIT) is the fourth holding, in which the fund owns 915,652 shares, with a reported value of $47.73 million. The holding represents increase from 812,652 shares disclosed at the end of third quarter of 2013.

Fifth on the list is Assured Guaranty Ltd. (NYSE:AGO), a new position, in which the fund disclosed a $46.12 million stake, which amasses 1.95 million shares. Assured Guaranty Ltd. (NYSE:AGO) is a Bermuda-based holding company. Its operating subsidiaries provide credit enhancement products to the U.S. and international public finance, infrastructure and structured finance markets.

Disclosure: none

Recommended Reading:

Deerfield Management Further Raises Its Position in Auspex Pharmaceuticals Inc (ASPX)

Iroquois Capital Edges up Stake in National Holdings Corporation (NHLD)

Cannell Capital Boosts its Stake in ZipRealty, Inc. (ZIPR)

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 44 percentage points in 21 months Learn how!

Lists

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!