MARANasdaqFinance ServicesFiscal year ends December 31
MARA Holdings, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$7.38−0.16 (-2.06%)
Close on Oct 19, 2026
- Market cap
- $2.81B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
72.5%
280M of 386M shares
Institutional holders
413
90 new, 58 sold out
Net institutional buying
35M
In Q2 2026
Insider trades, 12 months
0 buys · 32 sales
Net sold $7.11M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 45,378,463 | 15.40% | 13G (passive) amendment | Sep 30, 2024 |
| Vanguard Portfolio Management | 26,585,326 | 6.99% | 13G (passive) | Mar 31, 2026 |
| Susquehanna Investment Group | 19,297,219 | 5.30% | 13G (passive) | Jun 30, 2025 |
| Vanguard Capital Management | 19,211,414 | 5.05% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MARA | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 64,095,643 | 16.59% | $890.29M | +4,320,342 | 0.01% |
| Vanguard Portfolio Management LLC | 27,399,926 | 7.09% | $380.58M | +960,502 | 0.02% |
| Vanguard Capital Management LLC | 16,544,675 | 4.28% | $229.81M | +192,236 | 0.00% |
| State Street Corp | 15,901,746 | 4.12% | $220.88M | +681,578 | 0.01% |
| Geode Capital Management, LLC | 10,872,917 | 2.81% | $188.02M | +557,748 | 0.01% |
| D. E. Shaw & Co., Inc. | 10,376,069 | 2.69% | $144.12M | +9,057,890 | 0.07% |
| Marex Group plc | 7,953,008 | 2.06% | $110.47M | −361,889 | 0.47% |
| Morgan Stanley | 6,766,861 | 1.75% | $93.99M | +1,547,465 | 0.00% |
| Bank Of America Corp /De/ | 6,100,582 | 1.58% | $84.74M | +1,011,371 | 0.01% |
| UBS Group AG | 5,579,055 | 1.44% | $77.49M | −2,043,710 | 0.01% |
| Goldman Sachs Group Inc | 4,977,949 | 1.29% | $69.14M | −1,054,504 | 0.01% |
| Charles Schwab Investment Management Inc | 4,727,923 | 1.22% | $65.67M | +624,239 | 0.01% |
| Dimensional Fund Advisors LP | 4,513,153 | 1.17% | $62.69M | +4,408,902 | 0.01% |
| Northern Trust Corp | 3,702,048 | 0.96% | $51.42M | +358,847 | 0.01% |
| Van Eck Associates Corp | 3,473,797 | 0.90% | $48.25M | −7,678 | 0.03% |
| Healthcare Of Ontario Pension Plan Trust Fund | 3,354,830 | 0.87% | $46.60M | New | 0.07% |
| Susquehanna International Group, Llp | 3,336,026 | 0.86% | $46.34M | +1,215,521 | 0.00% |
| Segall Bryant & Hamill, LLC | 2,756,177 | 0.71% | $38.28M | New | 0.45% |
| Bank of New York Mellon Corp | 2,684,354 | 0.69% | $37.29M | +222,783 | 0.01% |
| Clear Street Group Inc. | 2,653,400 | 0.69% | $36.86M | +304,100 | 0.09% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 413 | 280M | 72.5% | 90 / 152 | 112 / 58 | 59M | 24M |
| Q1 2026 | 387 | 246M | 63.6% | 80 / 146 | 102 / 86 | 74M | 33M |
| Q4 2025 | 401 | 251M | 65.1% | 99 / 128 | 132 / 82 | 30M | 58M |
| Q3 2025 | 392 | 281M | 72.6% | 82 / 167 | 91 / 48 | 79M | 26M |
| Q2 2025 | 362 | 228M | 59.0% | 65 / 154 | 94 / 48 | 35M | 12M |
| Q1 2025 | 347 | 204M | 52.9% | 55 / 149 | 95 / 63 | 25M | 23M |
| Q4 2024 | 359 | 203M | 52.7% | 98 / 169 | 51 / 50 | 44M | 6M |
| Q3 2024 | 320 | 166M | 43.0% | 51 / 129 | 86 / 53 | 61M | 17M |
| Q2 2024 | 325 | 165M | 42.7% | 81 / 132 | 73 / 54 | 63M | 14M |
| Q1 2024 | 301 | 117M | 30.2% | 87 / 102 | 78 / 55 | 25M | 19M |
| Q4 2023 | 272 | 111M | 28.8% | 83 / 112 | 42 / 25 | 40M | 10M |
| Q3 2023 | 216 | 82M | 21.1% | 32 / 88 | 55 / 31 | 19M | 6M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MARA | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 22,969,799 | 5.95% | $319.05M | 0.29% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 11,486,391 | 2.97% | $159.55M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 9,955,879 | 2.58% | $138.29M | 0.17% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 8,309,976 | 2.15% | $115.43M | 0.06% | Jun 30, 2026 |
| Vanguard Information Technology Index Fund | 7,879,042 | 2.04% | $113.30M | 0.07% | May 31, 2026 |
| Vanguard Extended Market Index Fund | 4,374,153 | 1.13% | $60.76M | 0.06% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 4,297,871 | 1.11% | $59.70M | 0.13% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 4,240,497 | 1.10% | $48.00M | 0.14% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 3,649,700 | 0.94% | $50.69M | 0.35% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 3,494,306 | 0.90% | $48.54M | 0.29% | Jun 30, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 2,394,525 | 0.62% | $33.26M | 0.29% | Jun 30, 2026 |
| iShares Expanded Tech-Software Sector ETF | 1,952,045 | 0.51% | $27.11M | 0.20% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 1,950,110 | 0.50% | $28.04M | 0.16% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 1,942,748 | 0.50% | $27.94M | 0.07% | May 31, 2026 |
| iShares S&P Small-Cap 600 Growth ETF | 1,881,363 | 0.49% | $26.13M | 0.32% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Frederick G. Thiel | Chief Executive Officer, Director | 4,308,192 | 1.12% | Sep 18, 2026 |
| Zabi Nowaid | General Counsel | 890,404 | 0.23% | Sep 18, 2026 |
| Salman Hassan Khan | Chief Financial Officer | 1,967,422 | 0.51% | Sep 18, 2026 |
| Craig A. Hart | Director | – | – | Aug 10, 2026 |
| Nancy K. Novak | Director | – | – | Aug 10, 2026 |
| Douglas K. Mellinger | Director | 246,618 | 0.06% | Jun 24, 2026 |
| Janet George | Director | 136,339 | 0.04% | Feb 13, 2026 |
| Georges Antoun | Director | 250,639 | 0.06% | Feb 13, 2026 |
| Jay P. Leupp | Director | 261,618 | 0.07% | Feb 13, 2026 |
| Barbara Humpton | Director | 136,339 | 0.04% | Feb 13, 2026 |
| Vicki Mealer-Burke | Director | 140,862 | 0.04% | Feb 13, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Zabi Nowaid General Counsel | Sep 18, 2026 | Sale(10b5-1 plan) | −8,376 | $12.10 | $101.35K | 890,404 |
| Frederick G. Thiel Chief Executive Officer, Director | Sep 17, 2026 | Sale(10b5-1 plan) | −27,505 | $11.45 | $314.93K | 4,308,192 |
| Salman Hassan Khan Chief Financial Officer | Sep 17, 2026 | Sale(10b5-1 plan) | −16,000 | $11.45 | $183.20K | 551,681 |
| Zabi Nowaid General Counsel | Aug 21, 2026 | Sale(10b5-1 plan) | −8,376 | $12.00 | $100.51K | 898,780 |
| Salman Hassan Khan Chief Financial Officer | Aug 17, 2026 | Sale(10b5-1 plan) | −16,000 | $9.21 | $147.36K | 377,066 |
| Frederick G. Thiel Chief Executive Officer, Director | Aug 17, 2026 | Sale(10b5-1 plan) | −27,505 | $9.21 | $253.32K | 4,335,697 |
| Frederick G. Thiel Chief Executive Officer, Director | Aug 3, 2026 | Tax withholding | −27,316 | $11.75 | $320.96K | 4,363,202 |
| Zabi Nowaid General Counsel | Aug 3, 2026 | Tax withholding | −4,139 | $11.75 | $48.63K | 907,156 |
| Salman Hassan Khan Chief Financial Officer | Jul 31, 2026 | Tax withholding | −30,215 | $11.32 | $342.03K | 1,606,356 |
| Frederick G. Thiel Chief Executive Officer, Director | Jul 31, 2026 | Tax withholding | −40,388 | $11.32 | $457.19K | 4,390,518 |
| Zabi Nowaid General Counsel | Jul 31, 2026 | Tax withholding | −9,745 | $11.32 | $110.31K | 911,295 |
| Frederick G. Thiel Chief Executive Officer, Director | Jul 30, 2026 | Tax withholding | −40,497 | $11.82 | $478.67K | 4,430,906 |
| Zabi Nowaid General Counsel | Jul 30, 2026 | Tax withholding | −13,428 | $11.82 | $158.72K | 921,040 |
| Salman Hassan Khan Chief Financial Officer | Jul 30, 2026 | Tax withholding | −33,569 | $11.82 | $396.79K | 1,636,571 |
| Zabi Nowaid General Counsel | Jul 20, 2026 | Sale(10b5-1 plan) | −8,376 | $12.00 | $100.51K | 934,468 |
| Frederick G. Thiel Chief Executive Officer, Director | Jul 17, 2026 | Sale(10b5-1 plan) | −27,505 | $10.90 | $299.80K | 4,471,403 |
| Salman Hassan Khan Chief Financial Officer | Jul 17, 2026 | Sale(10b5-1 plan) | −16,000 | $10.90 | $174.40K | 393,066 |
| Zabi Nowaid General Counsel | Jul 1, 2026 | Tax withholding | −20,924 | $13.89 | $290.63K | 942,844 |
| Frederick G. Thiel Chief Executive Officer, Director | Jul 1, 2026 | Tax withholding | −63,101 | $13.89 | $876.47K | 4,498,908 |
| Salman Hassan Khan Chief Financial Officer | Jul 1, 2026 | Tax withholding | −61,515 | $13.89 | $854.44K | 1,670,140 |
| Douglas K. Mellinger Director | Jun 22, 2026 | Sale(10b5-1 plan) | −7,000 | $16.00 | $112.00K | 231,618 |
| Salman Hassan Khan Chief Financial Officer | Jun 17, 2026 | Sale(10b5-1 plan) | −16,000 | $14.25 | $228.00K | 409,066 |
| Zabi Nowaid General Counsel | Jun 17, 2026 | Sale(10b5-1 plan) | −7,000 | $14.25 | $99.75K | 963,768 |
| Frederick G. Thiel Chief Executive Officer, Director | Jun 17, 2026 | Sale(10b5-1 plan) | −27,505 | $14.25 | $391.95K | 4,562,009 |
| Frederick G. Thiel Chief Executive Officer, Director | May 18, 2026 | Sale(10b5-1 plan) | −27,505 | $12.00 | $330.06K | 4,589,514 |
| Frederick G. Thiel Chief Executive Officer, Director | May 18, 2026 | Tax withholding | −27,316 | $11.46 | $313.04K | 4,617,019 |
| Zabi Nowaid General Counsel | May 18, 2026 | Tax withholding | −4,248 | $11.46 | $48.68K | 979,018 |
| Zabi Nowaid General Counsel | May 18, 2026 | Sale(10b5-1 plan) | −8,250 | $12.00 | $99.00K | 970,768 |
| Salman Hassan Khan Chief Financial Officer | May 18, 2026 | Sale(10b5-1 plan) | −16,000 | $12.00 | $192.00K | 425,066 |
| Frederick G. Thiel Chief Executive Officer, Director | Apr 30, 2026 | Tax withholding | −80,884 | $11.99 | $969.80K | 4,644,335 |
| Salman Hassan Khan Chief Financial Officer | Apr 30, 2026 | Tax withholding | −65,456 | $11.99 | $784.82K | 1,731,655 |
| Zabi Nowaid General Counsel | Apr 30, 2026 | Tax withholding | −23,781 | $11.99 | $285.13K | 983,266 |
| Zabi Nowaid General Counsel | Apr 17, 2026 | Sale(10b5-1 plan) | −42,090 | $12.00 | $505.08K | 1,007,047 |
| Frederick G. Thiel Chief Executive Officer, Director | Apr 17, 2026 | Sale(10b5-1 plan) | −27,505 | $11.68 | $321.26K | 4,725,219 |
| Salman Hassan Khan Chief Financial Officer | Apr 17, 2026 | Sale(10b5-1 plan) | −16,000 | $11.68 | $186.88K | 441,066 |
| Zabi Nowaid General Counsel | Apr 1, 2026 | Tax withholding | −12,328 | $8.16 | $100.60K | 1,049,137 |
| Salman Hassan Khan Chief Financial Officer | Apr 1, 2026 | Tax withholding | −9,452 | $8.04 | $75.99K | 1,911,012 |
| Salman Hassan Khan Chief Financial Officer | Apr 1, 2026 | Tax withholding | −30,820 | $8.16 | $251.49K | 1,920,464 |
| Frederick G. Thiel Chief Executive Officer, Director | Apr 1, 2026 | Tax withholding | −36,230 | $8.16 | $295.64K | 4,752,724 |
| Frederick G. Thiel Chief Executive Officer, Director | Mar 17, 2026 | Sale(10b5-1 plan) | −27,505 | $9.18 | $252.50K | 4,788,954 |
| Salman Hassan Khan Chief Financial Officer | Mar 17, 2026 | Sale(10b5-1 plan) | −16,000 | $9.18 | $146.88K | 343,165 |
| Zabi Nowaid General Counsel | Feb 20, 2026 | Tax withholding | −31,087 | $7.50 | $233.15K | 1,061,465 |
| Frederick G. Thiel Chief Executive Officer, Director | Feb 20, 2026 | Tax withholding | −91,356 | $7.50 | $685.17K | 4,816,459 |
| Salman Hassan Khan Chief Financial Officer | Feb 20, 2026 | Tax withholding | −77,713 | $7.50 | $582.85K | 1,951,284 |
| Zabi Nowaid General Counsel | Feb 20, 2026 | Award | +197,919 | – | – | 1,092,552 |
| Frederick G. Thiel Chief Executive Officer, Director | Feb 20, 2026 | Award | +752,093 | – | – | 4,907,815 |
| Salman Hassan Khan Chief Financial Officer | Feb 20, 2026 | Award | +494,798 | – | – | 2,028,997 |
| Zabi Nowaid General Counsel | Feb 18, 2026 | Award | +203,648 | – | – | 894,633 |
| Frederick G. Thiel Chief Executive Officer, Director | Feb 18, 2026 | Award | +773,861 | – | – | 4,155,722 |
| Salman Hassan Khan Chief Financial Officer | Feb 18, 2026 | Award | +509,119 | – | – | 1,534,199 |
| Frederick G. Thiel Chief Executive Officer, Director | Feb 17, 2026 | Sale(10b5-1 plan) | −27,505 | $7.66 | $210.69K | 3,381,861 |
| Salman Hassan Khan Chief Financial Officer | Feb 17, 2026 | Sale(10b5-1 plan) | −16,000 | $7.66 | $122.56K | 359,165 |
| Janet George Director | Feb 13, 2026 | Award | +82,759 | – | – | 136,339 |
| Georges Antoun Director | Feb 13, 2026 | Award | +82,759 | – | – | 250,639 |
| Jay P. Leupp Director | Feb 13, 2026 | Award | +82,759 | – | – | 261,618 |
| Douglas K. Mellinger Director | Feb 13, 2026 | Award | +82,759 | – | – | 253,618 |
| Vicki Mealer-Burke Director | Feb 13, 2026 | Award | +82,759 | – | – | 140,862 |
| Barbara Humpton Director | Feb 13, 2026 | Award | +82,759 | – | – | 136,339 |
| Salman Hassan Khan Chief Financial Officer | Feb 5, 2026 | Tax withholding | −31,007 | $9.12 | $282.78K | 1,104,359 |
| Zabi Nowaid General Counsel | Feb 5, 2026 | Tax withholding | −14,249 | $9.12 | $129.95K | 690,985 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Frederick G. Thiel Officer, Director | Oct 1, 2026 | 27,505 | $308.61K | Oct 1, 2026 | Restricted Stock Vesting |
| Zabi Nowaid Officer | Sep 18, 2026 | 8,376 | $100.87K | Sep 18, 2026 | Stock Grant |
| Salman Hassan Khan Officer | Sep 17, 2026 | 16,000 | $183.20K | Sep 17, 2026 | Restricted Stock Vesting |
| Frederick G. Thiel Officer, Director | Sep 17, 2026 | 27,505 | $314.93K | Sep 17, 2026 | Restricted Stock Vesting |
| Zabi Nowaid Officer | Aug 21, 2026 | 8,376 | $100.00K | Aug 21, 2026 | Stock Grant |
| Frederick G. Thiel Officer, Director | Aug 17, 2026 | 27,505 | $253.32K | Aug 17, 2026 | Restricted Stock Vesting |
| Salman Hassan Khan Officer | Aug 17, 2026 | 16,000 | $147.36K | Aug 17, 2026 | Restricted Stock Vesting |
| Zabi Nowaid Officer | Jul 20, 2026 | 8,376 | $100.01K | Jul 20, 2026 | Stock Grant |
| Frederick G. Thiel Officer, Director | Jul 17, 2026 | 27,505 | $299.80K | Jul 17, 2026 | Restricted Stock Vesting |
| Salman Hassan Khan Officer | Jul 17, 2026 | 16,000 | $174.40K | Jul 17, 2026 | Restricted Stock Vesting |
| Douglas K. Mellinger Director | Jun 22, 2026 | 7,000 | $112.00K | Jun 22, 2026 | Restricted Stock Vesting |
| Salman Hassan Khan Officer | Jun 17, 2026 | 16,000 | $228.00K | Jun 17, 2026 | Restricted Stock Vesting |
| Frederick G. Thiel Officer, Director | Jun 17, 2026 | 27,505 | $391.95K | Jun 17, 2026 | Restricted Stock Vesting |
| Zabi Nowaid Officer | Jun 17, 2026 | 7,000 | $99.24K | Jun 17, 2026 | Stock Grant |
| Frederick G. Thiel Officer, Director | May 18, 2026 | 27,505 | $330.06K | May 18, 2026 | Restricted Stock Vesting |