MARATHON PETE CORP MPC
COM · Common Stock · CUSIP 56585A102 · ISIN US56585A1025
American petroleum refining, marketing, and transportation company
- SectorEnergy
- IndustryPetroleum Refining
- HeadquartersFindlay, OH
- Founded2009
- Websitemarathonpetroleum.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($61.5m this quarter). Holder counts are more reliable. Shares outstanding: 321.4m as of 2024-10-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $162.00. Options: 43 managers hold calls ($750.3m notional), 45 hold puts ($671.7m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,293 |
| Q4 2022 | 1,389 |
| Q1 2023 | 1,442 |
| Q2 2023 | 1,356 |
| Q3 2023 | 1,477 |
| Q4 2023 | 1,553 |
| Q1 2024 | 1,690 |
| Q2 2024 | 1,652 |
| Q3 2024 | 1,584 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 559 | 601 |
| Q1 2023 | 597 | 664 |
| Q2 2023 | 495 | 762 |
| Q3 2023 | 640 | 628 |
| Q4 2023 | 563 | 693 |
| Q1 2024 | 712 | 751 |
| Q2 2024 | 700 | 747 |
| Q3 2024 | 624 | 794 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $1.2bn | $832.0m | 0.68 |
| Q1 2024 | $1.4bn | $885.9m | 0.63 |
| Q2 2024 | $939.1m | $919.1m | 0.98 |
| Q3 2024 | $750.3m | $671.7m | 0.90 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +4.3m |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Added | +1.3m |
| NOMURA HOLDINGS INC | Added | +1.3m |
| NATIXIS | Added | +919.4k |
| ING GROEP NV | New | +700.4k |
| JPMORGAN CHASE & CO | Added | +697.2k |
| NATIONAL BANK OF CANADA /FI/ | Added | +576.1k |
| D. E. Shaw & Co., Inc. | Added | +548.5k |
| ROYAL BANK OF CANADA | Added | +524.0k |
| BANK OF MONTREAL /CAN/ | Added | +415.4k |
Biggest sellers
| Elliott Investment Management L.P. | Sold out | -7.4m |
| STATE STREET CORP | Reduced | -1.3m |
| VANGUARD GROUP INC | Reduced | -1.2m |
| Qube Research & Technologies Ltd | Reduced | -839.2k |
| Assenagon Asset Management S.A. | Reduced | -643.1k |
| MENORA MIVTACHIM HOLDINGS LTD. | Sold out | -512.8k |
| RAYMOND JAMES & ASSOCIATES | Reduced | -423.7k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -412.4k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -382.4k |
| Penserra Capital Management LLC | Reduced | -379.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $178.0m1.1m shares |
| CITADEL ADVISORS LLC | Added | $120.8m741.5k shares |
| JANE STREET GROUP, LLC | Added | $51.9m318.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $46.2m283.8k shares |
| D. E. Shaw & Co., Inc. | Reduced | $34.6m212.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $30.0m184.3k shares |
| IMC-Chicago, LLC | Added | $23.4m143.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $21.3m130.1k shares |
| UBS Group AG | Added | $20.9m128.1k shares |
| JPMORGAN CHASE & CO | Reduced | $20.1m123.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $136.2m835.9k shares |
| CITADEL ADVISORS LLC | Added | $78.0m478.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $60.0m368.2k shares |
| JANE STREET GROUP, LLC | Reduced | $54.9m337.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $30.2m1.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $28.6m175.4k shares |
| Flat Footed LLC | Added | $27.6m169.3k shares |
| GROUP ONE TRADING LLC | Added | $26.6m163.4k shares |
| JPMORGAN CHASE & CO | Reduced | $18.5m113.8k shares |
| UBS Group AG | Added | $18.3m112.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.1 pts · filed 2026-10-27 | 7.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2022 | 0 | — | 3 | $37.6m | — |
| Q1 2023 | 0 | — | 1 | $780.0k | — |
| Q2 2023 | 0 | — | 2 | $16.9m | $16.3m |
| Q3 2023 | 0 | — | 4 | $3.9m | $793.5k |
| Q4 2023 | 0 | — | 2 | $1.1m | $914.6k |
| Q1 2024 | 0 | — | 2 | $1.5m | $170.3k |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.09% of their portfolio | 32.1m $5.2bn | Reduced -1.2m |
| BlackRock, Inc. 0.09% of their portfolio | 25.4m $4.1bn | First filing |
| STATE STREET CORP 0.15% of their portfolio | 22.4m $3.7bn | Reduced -1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 7.0m $1.1bn | Reduced -285.9k |
| MORGAN STANLEY 0.08% of their portfolio | 6.9m $1.1bn | Reduced -186.1k |
| FMR LLC 0.06% of their portfolio | 5.7m $923.9m | Reduced -131.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.16% of their portfolio | 5.6m $911.3m | Added +4.3m |
| AMERIPRISE FINANCIAL INC 0.20% of their portfolio | 4.8m $779.3m | Added +229.5k |
| Bank of New York Mellon Corp 0.14% of their portfolio | 4.5m $731.2m | Added +219.1k |
| DIMENSIONAL FUND ADVISORS LP 0.16% of their portfolio | 3.9m $643.2m | Reduced -382.4k |
| RAYMOND JAMES & ASSOCIATES 0.38% of their portfolio | 3.9m $629.4m | Reduced -423.7k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 3.5m $572.0m | Added +697.2k |
| NORTHERN TRUST CORP 0.09% of their portfolio | 3.5m $562.5m | Reduced -167.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio | 3.4m $548.7m | Added +153.5k |
| Invesco Ltd. 0.10% of their portfolio | 3.3m $539.5m | Added +119.3k |
| NORGES BANK 0.07% of their portfolio | 3.2m $528.7m | Reduced -210.1k |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 2.9m $474.7m | Reduced -18.8k |
| Pacer Advisors, Inc. 1.01% of their portfolio | 2.9m $473.4m | Added +235.8k |
| Boston Partners 0.48% of their portfolio | 2.5m $406.6m | Reduced -60.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio | 2.4m $393.9m | Reduced -30.4k |
| Amundi 0.14% of their portfolio | 2.4m $382.3m | Reduced -347.2k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 2.4m $384.8m | Reduced -264.1k |
| Legal & General Group Plc 0.09% of their portfolio | 2.2m $350.5m | Reduced -158.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.19% of their portfolio | 2.1m $343.5m | Reduced -11.0k |
| Raymond James Financial Services Advisors, Inc. 0.44% of their portfolio | 2.0m $331.2m | Reduced -83.7k |
| US BANCORP \DE\ 0.41% of their portfolio | 1.9m $317.6m | Reduced -31.0k |
| ROYAL BANK OF CANADA 0.07% of their portfolio | 1.8m $297.9m | Added +524.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 1.7m $284.5m | Reduced -123.3k |
| LSV ASSET MANAGEMENT 0.55% of their portfolio | 1.6m $258.2m | Reduced -93.9k |
| Allianz Asset Management GmbH 0.40% of their portfolio | 1.6m $257.1m | Reduced -132.7k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 1.6m $256.2m | Added +2.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.21% of their portfolio | 1.4m $224.0m | Added +89.5k |
| BANK OF MONTREAL /CAN/ 0.10% of their portfolio | 1.3m $217.6m | Added +415.4k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.87% of their portfolio | 1.3m $316.1k | Added +1.3m |
| NOMURA HOLDINGS INC 1.59% of their portfolio | 1.3m $211.5m | Added +1.3m |
| Capital Wealth Planning, LLC 1.78% of their portfolio | 1.2m $190.5m | Added +39.5k |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 1.1m $179.2m | Reduced -82.9k |
| UBS Group AG 0.05% of their portfolio | 1.1m $176.9m | Reduced -184.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.17% of their portfolio | 1.1m $174.9m | Added +359.0k |
| Swiss National Bank 0.11% of their portfolio | 1.0m $170.4m | Reduced -21.2k |
| National Pension Service 0.15% of their portfolio | 977.2k $159.2m | Added +29.0k |
| NATIXIS 0.96% of their portfolio | 965.9k $157.3m | Added +919.4k |
| MILLENNIUM MANAGEMENT LLC 0.14% of their portfolio | 965.6k $157.3m | Added +287.5k |
| AustralianSuper Pty Ltd 0.73% of their portfolio | 901.5k $146.9m | Reduced -31.6k |
| BARCLAYS PLC 0.06% of their portfolio | 861.0k $140.3m | Reduced -161.7k |
| NATIONAL BANK OF CANADA /FI/ 0.18% of their portfolio | 846.8k $137.9m | Added +576.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.10% of their portfolio | 846.3k $137.9m | Reduced -10.6k |
| AQR CAPITAL MANAGEMENT LLC 0.19% of their portfolio | 829.2k $134.7m | Reduced -368.2k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 829.1k $135.1m | Reduced -133.2k |
| Qube Research & Technologies Ltd 0.24% of their portfolio | 820.4k $133.7m | Reduced -839.2k |
| CITIGROUP INC 0.12% of their portfolio | 789.6k $128.6m | Added +307.9k |
| JANUS HENDERSON GROUP PLC 0.06% of their portfolio | 773.2k $126.0m | Reduced -161.1k |
| HSBC HOLDINGS PLC 0.08% of their portfolio | 758.1k $123.4m | Reduced -268.8k |
| PANAGORA ASSET MANAGEMENT INC 0.56% of their portfolio | 717.6k $116.9m | Added +98.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.12% of their portfolio | 714.0k $116.3m | Reduced -96.4k |
| Mariner, LLC 0.21% of their portfolio | 711.4k $116.1m | Reduced -3.1k |
| California Public Employees Retirement System 0.08% of their portfolio | 708.0k $115.3m | Added +7.1k |
| ING GROEP NV 0.66% of their portfolio | 700.4k $114.1m | New |
| RHUMBLINE ADVISERS 0.10% of their portfolio | 694.3k $113.1m | Reduced -93.7k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 643.5k $104.6m | Reduced -115.9k |
| FIFTH THIRD BANCORP 0.38% of their portfolio | 643.1k $104.8m | Reduced -9.4k |
| Brandywine Global Investment Management, LLC 0.67% of their portfolio | 620.5k $100.8m | Added +25.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.11% of their portfolio | 593.7k $96.7m | Reduced -7.3k |
| D. E. Shaw & Co., Inc. 0.13% of their portfolio | 593.6k $96.7m | Added +548.5k |
| JANE STREET GROUP, LLC 0.14% of their portfolio | 524.1k $85.4m | Reduced -274.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.09% of their portfolio | 497.2k $81.0m | Added +15.2k |
| CITADEL ADVISORS LLC 0.08% of their portfolio | 482.9k $78.7m | Reduced -185.3k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.70% of their portfolio | 480.7k $78.1m | Reduced -1.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 478.9k $78.0m | Added +49.5k |
| Thrivent Financial for Lutherans 0.15% of their portfolio | 468.9k $76.4m | Added +15.4k |
| HM PAYSON & CO 1.25% of their portfolio | 446.4k $72.7m | Reduced -15.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.16% of their portfolio | 435.3k $70.9m | Reduced -47.9k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 433.6k $70.6m | Reduced -29.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.07% of their portfolio | 418.6k $68.5m | Reduced -88.4k |
| CANADA LIFE ASSURANCE Co 0.12% of their portfolio | 413.9k $67.5m | Added +2.3k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.07% of their portfolio | 404.8k $66.0m | Reduced -14.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.09% of their portfolio | 398.5k $64.9m | Reduced -31.3k |
| LPL Financial LLC 0.03% of their portfolio | 395.4k $64.4m | Reduced -21.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.12% of their portfolio | 377.9k $61.6m | Reduced -16.5k |
| PNC Financial Services Group, Inc. 0.04% of their portfolio | 364.8k $59.4m | Added +777 |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 358.7k $58.4m | Added +2.9k |
| MACQUARIE GROUP LTD 0.06% of their portfolio | 355.5k $57.9m | Reduced -15.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 351.2k $57.2m | Reduced -18.4k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 337.4k $55.0m | Reduced -44.5k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 331.8k $54.1m | Reduced -49.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.11% of their portfolio | 329.2k $53.6m | Reduced -53.2k |
| FEDERATED HERMES, INC. 0.12% of their portfolio | 327.4k $53.3m | Reduced -67.4k |
| GW HENSSLER & ASSOCIATES LTD 2.62% of their portfolio | 284.3k $46.3m | Reduced -10.3k |
| LORD, ABBETT & CO. LLC 0.14% of their portfolio | 276.2k $45.0m | Reduced -287.8k |
| Calamos Advisors LLC 0.21% of their portfolio | 273.2k $44.5m | Added +32.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 267.6k $43.6m | Reduced -21.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio | 266.2k $43.4m | Added +44.4k |
| AGF MANAGEMENT LTD 0.21% of their portfolio | 259.9k $42.3m | Reduced -30.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.16% of their portfolio | 256.2k $41.7m | Reduced -251.1k |
| Retirement Systems of Alabama 0.16% of their portfolio | 255.7k $41.7m | Reduced -21.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.07% of their portfolio | 255.5k $41.6m | Added +2.5k |
| Korea Investment CORP 0.09% of their portfolio | 243.6k $39.7m | Reduced -44.5k |
| Robeco Institutional Asset Management B.V. 0.08% of their portfolio | 242.5k $39.5m | Reduced -283.6k |
| MEYER HANDELMAN CO 1.33% of their portfolio | 242.2k $39.5m | Reduced -7.2k |
| Empowered Funds, LLC 0.62% of their portfolio | 241.7k $39.4m | Added +49.7k |