Marathon Asset 13F: Adds Ford, Delta Airlines, Southwest Airlines Co.

Marathon Asset Management has filed its 13F for the first quarter of 2013 with the SEC. The full filing can be found on the SEC website at this link. The firm's long equity holdings were scuttled in the period, with their total market value declining from $3,356,022,526 at the end of 2012 to $1,623,780,420 at the end of 2013's March.

Marathon Asset Management's Long Equity Holdings Drop

Most of the big drop in the company's long equity holdings in the first period resulted from its sale of 17.1 million calls in the S&P 500 ETF SPDR ETF Trust (NYSE:SPY). The company's holding of calls on the ETF...