Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

MARA HOLDINGS INC (MARA)

461 + Investors. Track Smart Money conviction in MARA. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
5Q ▲
Buyers last Q
52%

Smart Money Signals — MARA

Based on 399 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added MARA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
399 hedge funds hold MARA right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +16% more funds vs a year ago

fund count last 6Q
+54 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

247 buying230 selling
Last quarter: 247 funds bought or added vs 230 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+10 vs last Q)

new funds entering per quarter
Funds opening a new MARA position: 59 → 58 → 81 → 91. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

43% of holders stayed for 2+ years

■ 43% conviction (2yr+) ■ 30% medium ■ 27% new
173 out of 399 hedge funds have held MARA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -12%, value -95%

Value
-94%
Shares
-12%
Last quarter: funds added -12% more shares while total portfolio value only changed -95%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

90 → 59 → 58 → 81 → 91 new funds/Q
New funds entering each quarter: 59 → 58 → 81 → 91. A growing number of institutions are discovering MARA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 54% of holders stayed 2+ years

■ 54% veterans ■ 17% 1-2yr ■ 29% new
Of 461 current holders: 249 (54%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds
44 of 399 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — MARA

In 2025 Q4, 247 hedge funds were net buyers of MARA (91 opened a new position, 156 added to an existing one), while 230 reduced or exited (148 trimmed, 82 sold completely) — a 52% buyer ratio, indicating a slight buying edge. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 36% of total institutional value in MARA is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 399.

Hedge Fund Ownership: MARA

How many hedge funds hold MARA — quarterly history vs. share price
Quarterly hedge fund ownership of MARA vs. share price

Market Analysis: MARA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MARA

Financial Services Capital Markets

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

58 top-rated funds 0 high-conviction
Consensus
7.7
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: MARA
2026 Q1 Stats Unlock in 7 days 461 + Investors

Track Smart Money conviction in MARA. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 461 459 0.44%
13F Shares 392M 446M -12.07%
Total Value $3.52B $64.03B -94.5%
New Positions 92 91 +1
Increased Positions 226 257 -31
Closed Positions 89 50 +39
Reduced Positions 248 182 +66
Total Calls 41 48 -14.58%
Total Puts 46 47 -2.13%
PUT/CALL Ratio 1.12 0.98 Neutral

Statistics: MARA

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

461 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MARA. Verified SEC 13F-HR filings.

Top 25 institutional holders of MARA — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 WOLVERINE ASSET MANAGEMENT LLC 0.89% 11,304,700 $92.2M
2 Havemeyer Place LP 0.29% 312,816 $2.6M
3 E6 Portfolios, LLC 0.20% 23,528 $192K
4 Skaana Management L.P. 0.16% 56,800 $463K
5 Sara-Bay Financial 0.15% 62,730 $512K
6 denkapparat Operations GmbH 0.14% 41,302 $337K
7 SUMMIT SECURITIES GROUP LLC 0.13% 130,000 $1.1M
8 Quantbot Technologies LP 0.13% 375,386 $3.1M
9 NKCFO LLC 0.12% 50,000 —
10 Skaana Management L.P. 0.12% 41,800 $341K
11 EXCHANGE TRADED CONCEPTS, LLC 0.11% 1,956,189 $16.0M
12 NFSG Corp 0.09% 65,144 $532K
13 Anthracite Investment Company, Inc. 0.08% 10,000 $157K
14 Generali Investments CEE, investicni spolecnost, a.s. 0.08% 177,234 $1.4M
15 Skaana Management L.P. 0.07% 25,000 $204K
16 Leonteq Securities AG 0.06% 214,000 $1.7M
17 TOBAM 0.06% 29,726 —
18 AM INVESTMENT STRATEGIES LLC 0.06% 34,354 $280K
19 Paradiem, LLC 0.06% 33,857 $276K
20 United Capital Management of KS, Inc. 0.06% 46,045 $376K
21 Sava Infond d.o.o. 0.05% 40,000 $326K
22 Generali Asset Management SPA SGR 0.04% 250,000 $2.0M
23 Phraction Management LLC 0.04% 25,000 $204K
24 FOUNDATIONS INVESTMENT ADVISORS, LLC 0.04% 403,732 $3.3M
25 Cooper Financial Group 0.04% 48,933 $399K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — MARA HOLDINGS INC (MARA)

What does the Smart Money Trend signal show for MARA?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added MARA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for MARA?

Slight buying edge — 52% buying: Last quarter: 247 funds bought or added vs 230 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for MARA holders?

Strong quality — 36% AUM from major funds: 44 of 399 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held MARA?

43% of holders stayed for 2+ years: 173 out of 399 hedge funds have held MARA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.