Marble Bar Asset Management LLP
London, X0
$144m in 42 US stocks at the end of 30 June 2026. The top 10 are 79.5% of the money. It changed about 70.4% of the portfolio this quarter.
Value
$144m
Stocks
42
Top 10 share
79.5%
Turnover
70.4%
What changed this quarter
New
Bought for the first time this quarter.
- Medical Properties TrustMPT5.0% of the fund
- United Airlines HoldingsUAL1.4% of the fund
- FTAI AviationFTAI1.2% of the fund
- Grupo Aeromexico SAB de CVAERO1.2% of the fund
- MGM Resorts InternationalMGM1.2% of the fund
- Alaska Air GroupALK0.9% of the fund
- AerCap HoldingsAER0.7% of the fund
- QuidelOrthoQDEL0.6% of the fund
- Array Digital InfrastructureAD0.5% of the fund
- Forward AirFWRD0.4% of the fund
- Marex GroupMRX0.4% of the fund
- GrailGRAL0.4% of the fund
- SS&C Technologies HoldingsSSNC0.3% of the fund
- Inhibrx BiosciencesINBX0.2% of the fund
- Hilton Grand VacationsHGV0.2% of the fund
- PerrigoPRGO0.1% of the fund
- Oculis Holding AGOCS0.1% of the fund
- Manchester UnitedMANU0.1% of the fund
- Driven Brands HoldingsDRVN0.1% of the fund
Added
Bought more of a stock they already held.
- Warner Bros. DiscoveryWBD33.1% of the fund+1022%
- EchoStarECHO25.4% of the fund+904%
- AnterixATEX4.9% of the fund+28%
- Electronic ArtsEA1.9% of the fund+99%
- Brightstar LotteryBRSL1.8% of the fund+22%
- Lionsgate StudiosLION1.1% of the fund+281%
- GrindrGRND1.0% of the fund+17%
- Golar LNGGLNG1.0% of the fund+98%
- Venture GlobalVG0.8% of the fund+25%
- Charter CommunicationsCHTR0.7% of the fund+180%
- Surgery PartnersSGRY0.5% of the fund+194%
Cut
Sold some of their stake.
- Liberty MediaFWONA1.9% of the fund-38%
- Priority Technology HoldingsPRTH1.2% of the fund-15%
- Norfolk SouthernNSC1.1% of the fund-97%
- Atrium TherapeuticsRNA1.0% of the fund-29%
- Lands' ENDLE0.7% of the fund-28%
- Biocryst PharmaceuticalsBCRX0.4% of the fund-34%
Sold out
Sold their entire stake.
- NewsNWS-100%
- Hologic-100%
- Theravance BiopharmaTBPH-100%
- Cheniere EnergyLNG-100%
- Flex LNGFLNG-100%
- Kraft HeinzKHC-100%
- Papa Johns InternationalPZZA-100%
Holdings
- Electronic ArtsEA
- Share
- 1.9%
- Value
- $3m
- Shares
- 13,115
+99%
- Grupo Aeromexico SAB de CVAERO
- Share
- 1.2%
- Value
- $2m
- Shares
- 96,000
New
- Atrium TherapeuticsRNA
- Share
- 1.0%
- Value
- $1m
- Shares
- 103,849
-29%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Warner Bros. DiscoveryWBD | 33.1% | $48m | 1,788,868 | +1022% |
| EchoStarECHO | 25.4% | $37m | 360,393 | +904% |
| Medical Properties TrustMPT | 5.0% | $7m | 1,570,000 | New |
| AnterixATEX | 4.9% | $7m | 68,248 | +28% |
| Vistance NetworksVISN | 3.0% | $4m | 340,489 | Held |
| Liberty MediaFWONA | 1.9% | $3m | 26,591 | -38% |
| Electronic ArtsEA | 1.9% | $3m | 13,115 | +99% |
| Brightstar LotteryBRSL | 1.8% | $3m | 240,848 | +22% |
| United Airlines HoldingsUAL | 1.4% | $2m | 15,000 | New |
| FTAI AviationFTAI | 1.2% | $2m | 6,500 | New |
| Grupo Aeromexico SAB de CVAERO | 1.2% | $2m | 96,000 | New |
| MGM Resorts InternationalMGM | 1.2% | $2m | 35,434 | New |
| Priority Technology HoldingsPRTH | 1.2% | $2m | 251,836 | -15% |
| Lionsgate StudiosLION | 1.1% | $2m | 107,186 | +281% |
| Norfolk SouthernNSC | 1.1% | $2m | 4,941 | -97% |
| GrindrGRND | 1.0% | $1m | 102,268 | +17% |
| Golar LNGGLNG | 1.0% | $1m | 29,258 | +98% |
| Atrium TherapeuticsRNA | 1.0% | $1m | 103,849 | -29% |
| Alaska Air GroupALK | 0.9% | $1m | 25,800 | New |
| Elme CommunitiesELME | 0.9% | $1m | 870,102 | Held |
| Ocular TherapeutixOCUL | 0.8% | $1m | 122,518 | Held |
| KenvueKVUE | 0.8% | $1m | 62,078 | Held |
| Venture GlobalVG | 0.8% | $1m | 98,839 | +25% |
| AerCap HoldingsAER | 0.7% | $1m | 7,000 | New |
| Charter CommunicationsCHTR | 0.7% | $1m | 7,124 | +180% |
| Lands' ENDLE | 0.7% | $1m | 95,483 | -28% |
| QuidelOrthoQDEL | 0.6% | $875,750 | 50,000 | New |
| Surgery PartnersSGRY | 0.5% | $782,695 | 46,589 | +194% |
| Array Digital InfrastructureAD | 0.5% | $766,065 | 21,127 | New |
| Forward AirFWRD | 0.4% | $631,174 | 46,719 | New |
| Biocryst PharmaceuticalsBCRX | 0.4% | $623,390 | 62,339 | -34% |
| Reservoir MediaRSVR | 0.4% | $571,128 | 57,748 | Held |
| Marex GroupMRX | 0.4% | $548,550 | 9,000 | New |
| GrailGRAL | 0.4% | $538,992 | 7,895 | New |
| ServiceNowNOW | 0.4% | $517,745 | 5,215 | Held |
| SS&C Technologies HoldingsSSNC | 0.3% | $434,350 | 7,000 | New |
| Inhibrx BiosciencesINBX | 0.2% | $335,131 | 3,537 | New |
| Hilton Grand VacationsHGV | 0.2% | $314,220 | 6,000 | New |
| PerrigoPRGO | 0.1% | $207,800 | 20,000 | New |
| Oculis Holding AGOCS | 0.1% | $205,359 | 14,806 | New |
| Manchester UnitedMANU | 0.1% | $203,573 | 8,878 | New |
| Driven Brands HoldingsDRVN | 0.1% | $181,220 | 13,000 | New |
Over time and by industry
Value over time
Dec '25
Jun '26
Value is up 3242.9% since 31 December 2025.
Where the money is
Media & telecom67.6%
Technology9.7%
Real estate5.9%
Industrials4.9%
Retail & consumer4.5%
Health care4.3%
Everyday goods0.8%
Utilities0.8%
Financial services0.4%
Other1.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.