-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OoB/H2cy4yn09paAo55eKkDGSPIJuYmIBrsTM2sVIrt5iv5RG2KJ3I7oIBWS3QGw 3m6P8OKdQuO8gRPHbl0gOw== 0000919574-10-001475.txt : 20100216 0000919574-10-001475.hdr.sgml : 20100215 20100216143644 ACCESSION NUMBER: 0000919574-10-001475 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091231 FILED AS OF DATE: 20100216 DATE AS OF CHANGE: 20100216 EFFECTIVENESS DATE: 20100216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARATHON ASSET MANAGEMENT LP CENTRAL INDEX KEY: 0001279913 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10682 FILM NUMBER: 10606507 BUSINESS ADDRESS: STREET 1: ONE BRYANT PARK STREET 2: 38TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-500-3123 MAIL ADDRESS: STREET 1: ONE BRYANT PARK STREET 2: 38TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: MARATHON ASSET MANAGEMENT LLC DATE OF NAME CHANGE: 20040212 13F-HR 1 d1066669_13f-hr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F Cover Page Report for the Calendar Year or Quarter Ended: December 31, 2009 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Marathon Asset Management, L.P. Address: One Bryant Park, 38th Floor New York, New York 10036 13F File Number: 028-10682 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Gregory L. Florio Title: Chief Compliance Officer Phone: (212) 381-0159 Signature, Place and Date of Signing: /s/ Gregory L. Florio New York, New York February 16, 2010 - --------------------- ---------------------- --------------------- [Signature] [City, State] [Date] Report Type: (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report). [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting managers(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: NONE Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 3 Form 13F Information Table Entry Total: 65 Form 13F Information Table Value Total: $404,425 (in thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name - --- -------------------- --------------------------------------------- 1. 028-11614 Marathon Special Opportunity Master Fund, Ltd. 2. Marathon Structured Finance Feeder Fund, Ltd. 3. Marathon Distressed Subprime Fund, LP FORM 13F INFORMATION TABLE Marathon Asset Management, LLC December 31, 2009 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - -------------- -------------- --------- -------- -------------------- ---------- -------- --------------------- VALUE SHS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MGRS SOLE SHARED NONE - -------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ---- CISCO SYS INC COM 17275R102 1,784 74,500 Call SHARED 1 74,500 0 0 CISCO SYS INC COM 17275R102 1,784 74,500 Put SHARED 1 74,500 0 0 E TRADE FINANCIAL CORP COM 269246104 5,997 3,407,526 SH SOLE NONE 3,407,526 0 0 E TRADE FINANCIAL CORP COM 269246104 9,843 5,592,474 SH SHARED 1 5,592,474 0 0 FLAGSTONE REINSURANCE HLDGS SHS G3529T105 14,376 1,314,119 SH SHARED 1 1,314,119 0 0 GEORGIA GULF CORP COM PAR$0.01 NEW 373200302 12,582 723,948 SH SOLE NONE 723,948 0 0 GEORGIA GULF CORP COM PAR$0.01 NEW 373200302 29,654 1,706,221 SH SHARED 1 1,706,221 0 0 GOOGLE INC CL A 38259P508 2,728 4,400 Call SHARED 1 4,400 0 0 GOOGLE INC CL A 38259P508 2,728 4,400 Put SHARED 1 4,400 0 0 ISHARES TR S&P GLB MTRLS 464288695 5,897 94,779 SH SOLE NONE 94,779 0 0 ISHARES TR S&P GLB MTRLS 464288695 22,185 356,560 SH SHARED 1 356,560 0 0 ISHARES TR INDEX MSCI EAFE IDX 464287465 1,797 32,500 Call SHARED 1 32,500 0 0 ISHARES TR INDEX MSCI EAFE IDX 464287465 1,797 32,500 Put SHARED 1 32,500 0 0 KOHLS CORP COM 500255104 698 12,950 SH SHARED 1 12,950 0 0 KOHLS CORP COM 500255104 4,854 90,000 Call SHARED 1 90,000 0 0 LIBERTY GLOBAL INC COM SER A 530555101 655 29,900 Call SOLE NONE 29,900 0 0 LIBERTY GLOBAL INC COM SER A 530555101 1,534 70,100 Call SHARED 1 70,100 0 0 LIBERTY GLOBAL INC COM SER A 530555101 7,184 328,169 SH SOLE NONE 328,169 0 0 LIBERTY GLOBAL INC COM SER A 530555101 10,973 501,266 SH SHARED 1 501,266 0 0 METROGAS INC SPON ADR B 591673207 59 27,165 SH SOLE NONE 27,165 0 0 METROGAS INC SPON ADR B 591673207 67 30,707 SH SHARED 1 30,707 0 0 MICROSOFT CORP COM 594918104 7,620 250,000 Call SHARED 1 250,000 0 0 PENN NATL GAMING INC COM 707569109 5,124 188,461 SH SOLE NONE 188,461 0 0 PENN NATL GAMING INC COM 707569109 7,704 283,339 SH SHARED 1 283,339 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 1,716 36,000 Call SHARED 1 36,000 0 0 PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 1,716 36,000 Put SHARED 1 36,000 0 0 PHOENIX COS INC NEW COM 71902E109 3,067 1,103,362 SH SOLE NONE 1,103,362 0 0 PHOENIX COS INC NEW COM 71902E109 4,870 1,751,838 SH SHARED 1 1,751,838 0 0 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 1,328 29,025 SH SHARED 1 29,025 0 0 QUALCOMM INC COM 747525103 2,313 50,000 Call SHARED 1 50,000 0 0 QUALCOMM INC COM 747525103 2,313 50,000 Put SHARED 1 50,000 0 0 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 481 8,430 SH SHARED 1 8,430 0 0 SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 469 15,750 SH SHARED 1 15,750 0 0 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 520 19,660 SH SHARED 1 19,660 0 0 SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 2,372 71,900 Call SHARED 1 71,900 0 0 SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 2,372 71,900 Put SHARED 1 71,900 0 0 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 2,662 85,800 Call SHARED 1 85,800 0 0 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 2,662 85,800 Put SHARED 1 85,800 0 0 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 10,205 179,000 Put SHARED 1 179,000 0 0 SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 6,654 223,500 Call SHARED 1 223,500 0 0 SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 6,654 223,500 Put SHARED 1 223,500 0 0 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 13,796 242,000 Call SHARED 1 242,000 0 0 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 6,964 250,600 Call SHARED 1 250,600 0 0 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 6,964 250,600 Put SHARED 1 250,600 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 4,025 279,500 SH SHARED 1 279,500 0 0 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 8,452 319,300 Call SHARED 1 319,300 0 0 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 8,452 319,300 Put SHARED 1 319,300 0 0 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 10,182 327,700 Call SHARED 1 327,700 0 0 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 10,182 327,700 Put SHARED 1 327,700 0 0 SELECT SECTOR SPDR TR SBI INT-TECH 81369Y803 15,904 693,600 Call SHARED 1 693,600 0 0 SELECT SECTOR SPDR TR SBI INT-TECH 81369Y803 15,904 693,600 Put SHARED 1 693,600 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 11,857 823,400 Call SHARED 1 823,400 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 11,857 823,400 Put SHARED 1 823,400 0 0 SPDR SERIES TRUST S&P METALS MNG 78464A755 7,437 144,100 Call SOLE NONE 144,100 0 0 SPDR SERIES TRUST KBW REGN BK ETF 78464A698 3,338 150,000 Call SHARED 1 150,000 0 0 SPDR SERIES TRUST KBW REGN BK ETF 78464A698 3,338 150,000 Put SHARED 1 150,000 0 0 SPDR SERIES TRUST S&P METALS MNG 78464A755 19,916 385,900 Call SHARED 1 385,900 0 0 SPDR TR UNIT SER 1 78462F103 16,857 151,266 SH SHARED 1 151,266 0 0 STAPLES INC COM 855030102 2,705 110,000 Call SHARED 1 110,000 0 0 STAPLES INC COM 855030102 2,705 110,000 Put SHARED 1 110,000 0 0 TARGET CORP COM 87612E106 369 7,630 SH SHARED 1 7,630 0 0 TARGET CORP COM 87612E106 2,999 62,000 Call SHARED 1 62,000 0 0 TARGET CORP COM 87612E106 2,999 62,000 Put SHARED 1 62,000 0 0 YAHOO INC COM 984332106 2,614 155,800 Call SHARED 1 155,800 0 0 YAHOO INC COM 984332106 2,614 155,800 Put SHARED 1 155,800 0 0
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