Marathon Asset Management Llp

Q1 2015 13F Holdings Report, Stock Holdings

Signature - Title: James Bennett - Chief Compliance Officer
Location: London, United Kingdom
Holdings as of: March 31, 2015
Value $: $4.13B
Num holdings: 73
Date filed: 4/10/2015, 10:48 AM
Form type: 13F-HR
Description: All US holdings of this investor are reported in this report. Top holdings included JNJ, PG, CL, LUXTY, and MCD.
Previous filing: Q4 2014 - Jan 23, 2015
Next filing: Q2 2015 - Jul 17, 2015
SEC: View on sec.gov

Sym	Weight	Trade Impact	Company	Class	Shares Change	Activity	Value Change $	Value $	* Price $	Shares	Principal
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* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
James Bennett	Chief Compliance Officer	London, United Kingdom	4/10/2015