0001040592-21-000007.txt : 20210721 0001040592-21-000007.hdr.sgml : 20210721 20210721114143 ACCESSION NUMBER: 0001040592-21-000007 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210630 FILED AS OF DATE: 20210721 DATE AS OF CHANGE: 20210721 EFFECTIVENESS DATE: 20210721 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARATHON ASSET MANAGEMENT LLP CENTRAL INDEX KEY: 0001040592 IRS NUMBER: 954328983 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03743 FILM NUMBER: 211103394 BUSINESS ADDRESS: STREET 1: ORION HOUSE STREET 2: 5 UPPER ST MARTIN'S LANE CITY: LONDON STATE: X0 ZIP: WC2H 9EA BUSINESS PHONE: 00442074972211 MAIL ADDRESS: STREET 1: ORION HOUSE STREET 2: 5 UPPER ST MARTIN'S LANE CITY: LONDON STATE: X0 ZIP: WC2H 9EA FORMER COMPANY: FORMER CONFORMED NAME: MARATHON ASSET MANAGEMENT (SERVICES) LTD DATE OF NAME CHANGE: 20050208 FORMER COMPANY: FORMER CONFORMED NAME: MARATHON ASSET MANAGEMENT LTD/LONDON DATE OF NAME CHANGE: 19990324 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001040592 XXXXXXXX 06-30-2021 06-30-2021 false MARATHON ASSET MANAGEMENT LLP

Orion House 5 Upper St Martin's Lane London X0 WC2H 9EA

13F HOLDINGS REPORT 028-03743 N James Bennett 00442074972211 James Bennett London X0 07-21-2021 0 98 8257379 INFORMATION TABLE 2 infotable.xml Abiomed Inc COMMON 003654100 49602 158930 SH SOLE 155353 0 3577 Alleghany Corp COMMON 017175100 27479 41194 SH SOLE 40059 0 1135 Barrick Gold Corp COMMON 067901108 75385 3645096 SH SOLE 2773807 0 871289 American Express Co COMMON 025816109 153156 926919 SH SOLE 904016 0 22903 Analog Devices Inc COMMON 032654105 75353 437695 SH SOLE 427288 0 10407 Archer-Daniels-Midland Co. COMMON 039483102 123227 2033482 SH SOLE 1980868 0 52614 Automatic Data Processing COMMON 053015103 49257 246889 SH SOLE 241028 0 5861 Autozone Inc COMMON 053332102 181035 121326 SH SOLE 118380 0 2946 Berkshire Hathaway Inc COMMON 084670702 182219 655688 SH SOLE 640080 0 15608 Bank of Nova Scotia COMMON 064149107 39914 613075 SH SOLE 416075 0 197000 Bancolombia Sa -Pref COMMON 05968L102 19451 673863 SH SOLE 596910 0 76953 Brookfield Asset Manage-CL A COMMON 112585104 148970 2916112 SH SOLE 2073157 0 842955 Pricesmart Inc COMMON 741511109 22141 243280 SH SOLE 213936 0 29344 Taiwan Semiconductor Manufacturing Co Ltd COMMON 874039100 17761 147371 SH SOLE 144277 0 3094 C H Robinson Worldwide Inc COMMON 12541W209 109046 1159021 SH SOLE 1131729 0 27292 Rogers Communications Inc COMMON 775109200 25034 467877 SH SOLE 317633 0 150244 Canadian Natural Resources COMMON 136385101 118857 3254298 SH SOLE 2553985 0 700313 Colgate Palmolive Co COMMON 194162103 41436 509376 SH SOLE 497258 0 12118 Fomento Economico Mexicano Spon ADR COMMON 344419106 68912 815436 SH SOLE 0 0 815436 Gildan Activewear Inc COMMON 375916103 73749 1996820 SH SOLE 1729068 0 267752 Omnicom Group COMMON 681919106 33631 416935 SH SOLE 406996 0 9939 Citigroup Inc COMMON 172967424 48726 688728 SH SOLE 672562 0 16166 Electronic Arts Inc COMMON 285512109 137627 956876 SH SOLE 933630 0 23246 Expeditors Intl Wash Inc COMMON 302130109 61163 483138 SH SOLE 471640 0 11498 Fastenal Co COMMON 311900104 96175 1849576 SH SOLE 1807386 0 42190 M & T Bank Corp COMMON 55261F104 75256 517897 SH SOLE 506215 0 11682 Ritchie Bros Auctioneers COMMON 767744105 73849 1244349 SH SOLE 925467 0 318882 FTI Consulting Inc COMMON 302941109 118502 867451 SH SOLE 845433 0 22018 Freeport-McMoran Inc COMMON 35671D857 20347 548304 SH SOLE 484626 0 63678 Grupo Televisa Sa-Spons Adr COMMON 40049J206 26490 1855066 SH SOLE 0 0 1855066 Healthcare Services Group COMMON 421906108 49081 1554624 SH SOLE 1513813 0 40811 KT Corp ADR COMMON 48268K101 19507 1398364 SH SOLE 0 0 1398364 The Hershey Company COMMON 427866108 166999 958778 SH SOLE 936859 0 21919 Intel Corp COMMON 458140100 56263 1002224 SH SOLE 978322 0 23902 Rayonier Inc COMMON 754907103 33569 934308 SH SOLE 919760 0 14548 Johnson and Johnson COMMON 478160104 251563 1527037 SH SOLE 1489996 0 37041 Hartford Financial SVCS Group Inc COMMON 416515104 72903 1170115 SH SOLE 1142281 0 27834 Kimberly-Clark Corp COMMON 494368103 127826 951658 SH SOLE 928143 0 23515 United Parcel Services Cl B COMMON 911312106 105561 507574 SH SOLE 495032 0 12542 Loews Corp COMMON 540424108 39774 727797 SH SOLE 708050 0 19747 Magna International Inc COMMON 559222401 38488 415260 SH SOLE 282146 0 133114 Markel Corp COMMON 570535104 93537 78820 SH SOLE 76946 0 1874 Marsh & Mclennan COMMON 571748102 66923 475713 SH SOLE 464363 0 11350 Maxim Integrated Products COMMON 57772K101 76047 721779 SH SOLE 704585 0 17194 Activision Blizzard COMMON 00507V109 97633 1022977 SH SOLE 1000906 0 22071 3M Co COMMON 88579Y101 30062 151351 SH SOLE 147775 0 3576 Wells Fargo COMMON 949746101 80925 1786851 SH SOLE 1744275 0 42576 Oracle Corp COMMON 68389X105 305474 3924422 SH SOLE 3829010 0 95412 Paccar Inc COMMON 693718108 73056 818559 SH SOLE 798333 0 20226 Paychex Inc COMMON 704326107 68808 641288 SH SOLE 625990 0 15298 Pepsico Inc COMMON 713448108 103849 700903 SH SOLE 683584 0 17319 Procter & Gamble COMMON 742718109 76098 563991 SH SOLE 550612 0 13379 Progressive Corp COMMON 743315103 102724 1045967 SH SOLE 1020122 0 25845 Travelers Companies Inc COMMON 89417E109 179691 1200258 SH SOLE 1172255 0 28003 Merck & Co Inc COMMON 58933Y105 172887 2205162 SH SOLE 2151481 0 53681 Bunge Ltd COMMON G16962105 52644 673630 SH SOLE 654648 0 18982 Canadian Pacific Railway Ltd COMMON 13645T100 80515 1043977 SH SOLE 709330 0 334647 Tanger Factory Outlet Center COMMON 875465106 22260 1180918 SH SOLE 1161460 0 19458 Texas Instruments Inc COMMON 882508104 239842 1247250 SH SOLE 1217042 0 30208 Union Pacific Corp COMMON 907818108 62110 282416 SH SOLE 275702 0 6714 Waters Corp COMMON 941848103 148721 430356 SH SOLE 420042 0 10314 Wabtec Corp COMMON 929740108 10538 128049 SH SOLE 123212 0 4837 Weyerhaeuser Co COMMON 962166104 3384 98329 SH SOLE 90615 0 7714 CME Group Inc COMMON 12572Q105 45471 213807 SH SOLE 208733 0 5074 Carmax Inc COMMON 143130102 138149 1069676 SH SOLE 1043245 0 26431 TJX Companies Inc COMMON 872540109 146838 2177959 SH SOLE 2124143 0 53816 Marketaxess Holdings COMMON 57060D108 57385 123785 SH SOLE 121013 0 2772 Dolby Laboratories Inc-CL A COMMON 25659T107 58091 591017 SH SOLE 576760 0 14257 Dexcom Inc COMMON 252131107 58112 136094 SH SOLE 132732 0 3362 Baidu Inc - Spon ADR COMMON 056752108 185928 911874 SH SOLE 0 0 911874 Bce Inc COMMON 05534B760 28499 571490 SH SOLE 388309 0 183181 Bank of New York Mellon Corp COMMON 064058100 59220 1155983 SH SOLE 1128606 0 27377 Genpact Ltd COMMON G3922B107 82615 1818508 SH SOLE 1697792 0 120716 Franco-Nevada Corp COMMON 351858105 52323 360175 SH SOLE 244462 0 115713 Chubb Ltd COMMON H1467J104 37867 237057 SH SOLE 231405 0 5652 Visteon Corp. COMMON 92839U206 24571 203197 SH SOLE 197646 0 5551 First Republic Bank COMMON 33616C100 129427 691538 SH SOLE 675467 0 16071 Kar Auction Services Inc COMMON 48238T109 72389 4124745 SH SOLE 4017110 0 107635 TE Connectivity Ltd COMMON H84989104 2101 15536 SH SOLE 13819 0 1717 Globus Medical Inc A COMMON 379577208 61151 788749 SH SOLE 769813 0 18936 Facebook Inc A COMMON 30303M102 237472 682961 SH SOLE 666086 0 16875 Booking Holdings Inc. COMMON 09857L108 299782 137017 SH SOLE 133684 0 3333 Huya Inc COMMON 44852D108 160 9038 SH SOLE 9038 0 0 Eventbrite Inc - Class A COMMON 29975E109 34430 1812425 SH SOLE 1769581 0 42844 Autohome Inc - Class A COMMON 05278C107 213 3330 SH SOLE 3330 0 0 Ctrip.com International ADR COMMON 89677Q107 23638 666613 SH SOLE 0 0 666613 Inmode Ltd COMMON M5425M103 367 3871 SH SOLE 3871 0 0 Organon & Co COMMON 68622V106 4216 139315 SH SOLE 135782 0 3533 Aon Plc COMMON G0403H108 60336 252719 SH SOLE 246705 0 6014 National Oilwell Varco COMMON 62955J103 12476 814382 SH SOLE 783227 0 31155 Arista Networks Inc COMMON 040413106 53382 147342 SH SOLE 143711 0 3631 Axalta Coating Systems Ltd COMMON G0750C108 9047 296732 SH SOLE 286355 0 10377 MOMO Inc ADR COMMON 60879B107 55 3598 SH SOLE 0 0 3598 Coca-Cola Europacific Partners plc COMMON G25839104 107668 1815705 SH SOLE 1676281 0 139424 Alphabet Inc. - Class A COMMON 02079K305 260355 106632 SH SOLE 104010 0 2622 Yum China Holdings Inc COMMON 98850P109 150896 2277674 SH SOLE 2176242 0 101432 Alphabet Inc. - Class C COMMON 02079K107 241429 96330 SH SOLE 93991 0 2339 Linde PLC COMMON G5494J103 118308 409239 SH SOLE 399127 0 10112