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 ($50.7m this quarter). Holder counts are more reliable. Shares outstanding: 307.2m as of 2025-04-30, 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 ≈ $142.52. Options: 31 managers hold calls ($483.6m notional), 34 hold puts ($377.6m).
Trends to Q1 2025
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 |
| Q4 2024 | 1,561 |
| Q1 2025 | 1,562 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 495 | 762 |
| Q3 2023 | 640 | 628 |
| Q4 2023 | 563 | 693 |
| Q1 2024 | 712 | 751 |
| Q2 2024 | 700 | 747 |
| Q3 2024 | 624 | 794 |
| Q4 2024 | 539 | 826 |
| Q1 2025 | 601 | 757 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $939.1m | $919.1m | 0.98 |
| Q3 2024 | $750.3m | $671.7m | 0.90 |
| Q4 2024 | $536.2m | $425.2m | 0.79 |
| Q1 2025 | $483.6m | $377.6m | 0.78 |
Biggest buyers
| VANGUARD GROUP INC | Added | +3.8m |
| HARRIS ASSOCIATES L P | New | +2.1m |
| Boston Partners | Added | +2.0m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.9m |
| JPMORGAN CHASE & CO | Added | +1.3m |
| UBS Group AG | Added | +786.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +769.0k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +674.9k |
| Demars Financial Group, LLC | Added | +536.5k |
| Empyrean Capital Partners, LP | New | +520.5k |
Biggest sellers
| AMERIPRISE FINANCIAL INC | Reduced | -1.5m |
| Capital Wealth Planning, LLC | Reduced | -1.3m |
| STATE STREET CORP | Reduced | -1.2m |
| Qube Research & Technologies Ltd | Reduced | -960.3k |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -915.7k |
| ROYAL BANK OF CANADA | Reduced | -793.9k |
| ING GROEP NV | Reduced | -732.8k |
| FMR LLC | Reduced | -541.6k |
| BlackRock, Inc. | Reduced | -431.5k |
| PANAGORA ASSET MANAGEMENT INC | Reduced | -392.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $112.5m772.5k shares |
| BARCLAYS PLC | Added | $92.6m635.9k shares |
| CITADEL ADVISORS LLC | Reduced | $62.5m429.2k shares |
| JANE STREET GROUP, LLC | Reduced | $29.8m204.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $20.8m142.6k shares |
| IMC-Chicago, LLC | Reduced | $19.8m136.1k shares |
| UBS Group AG | Reduced | $19.8m135.7k shares |
| WELLS FARGO & COMPANY/MN | Unchanged | $16.1m110.5k shares |
| BANK OF AMERICA CORP /DE/ | Added | $13.8m94.8k shares |
| Walleye Trading LLC | Added | $10.9m74.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $75.6m518.7k shares |
| CITADEL ADVISORS LLC | Added | $58.0m398.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $27.1m185.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $23.1m158.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $21.3m146.2k shares |
| UBS Group AG | Added | $21.0m144.3k shares |
| IMC-Chicago, LLC | Reduced | $14.4m98.6k shares |
| BNP PARIBAS FINANCIAL MARKETS | First filing | $14.0m962 shares |
| JANE STREET GROUP, LLC | Reduced | $12.8m87.7k shares |
| Walleye Capital LLC | Added | $11.4m78.0k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2024 | 1 | $897.7k | 0 | — | — |
| Q1 2025 | 2 | $403.1k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-11 | Hessling Ricky D. Chief Commercial Officer | Bought | $269.4k2.0k shares |
| 2025-03-05 | Bayh Evan Director | Bought | $133.7k1.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.09% of their portfolio | 34.9m $5.1bn | Added +3.8m |
| BlackRock, Inc. 0.07% of their portfolio | 24.3m $3.5bn | Reduced -431.5k |
| STATE STREET CORP 0.12% of their portfolio | 19.5m $2.8bn | Reduced -1.2m |
| WELLINGTON MANAGEMENT GROUP LLP 0.33% of their portfolio | 11.8m $1.7bn | Added +1.9m |
| GEODE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 7.0m $1.0bn | Added +65.1k |
| MORGAN STANLEY 0.07% of their portfolio | 6.6m $954.6m | Reduced -301.0k |
| RAYMOND JAMES FINANCIAL INC 0.33% of their portfolio | 6.0m $879.6m | Added +353.5k |
| Boston Partners 0.96% of their portfolio | 5.4m $791.3m | Added +2.0m |
| Bank of New York Mellon Corp 0.14% of their portfolio | 5.0m $725.9m | Added +178.4k |
| Demars Financial Group, LLC 0.92% of their portfolio | 4.7m $32.4k | Added +536.5k |
| DIMENSIONAL FUND ADVISORS LP 0.15% of their portfolio | 4.2m $609.6m | Reduced -214.9k |
| NORTHERN TRUST CORP 0.08% of their portfolio | 3.8m $551.2m | Reduced -153.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.07% of their portfolio | 3.7m $535.5m | Added +769.0k |
| Pacer Advisors, Inc. 1.21% of their portfolio | 3.5m $510.3m | Reduced -50.3k |
| Invesco Ltd. 0.09% of their portfolio | 3.3m $487.4m | Reduced -55.4k |
| AMERIPRISE FINANCIAL INC 0.13% of their portfolio | 3.2m $466.3m | Reduced -1.5m |
| NORGES BANK 0.07% of their portfolio | 3.2m $463.5m | Reduced -68.7k |
| FMR LLC 0.03% of their portfolio | 2.8m $404.6m | Reduced -541.6k |
| GOLDMAN SACHS GROUP INC 0.08% of their portfolio | 2.7m $398.6m | Reduced -209.5k |
| Amundi 0.13% of their portfolio | 2.7m $345.7m | Reduced -119.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 2.6m $377.5m | Added +105.2k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 2.6m $377.3m | Added +1.3m |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 2.4m $352.4m | Added +329.0k |
| HARRIS ASSOCIATES L P 0.52% of their portfolio | 2.1m $311.3m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.16% of their portfolio | 1.9m $282.9m | Reduced -61.0k |
| Legal & General Group Plc 0.08% of their portfolio | 1.9m $281.1m | Reduced -10.5k |
| UBS Group AG 0.06% of their portfolio | 1.9m $277.5m | Added +786.3k |
| US BANCORP \DE\ 0.36% of their portfolio | 1.9m $272.7m | Reduced -39.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 1.8m $256.3m | Added +129.6k |
| LSV ASSET MANAGEMENT 0.52% of their portfolio | 1.5m $214.8m | Reduced -36.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.21% of their portfolio | 1.5m $214.6m | Reduced -98.0k |
| Allianz Asset Management GmbH 0.30% of their portfolio | 1.4m $204.7m | Reduced -335.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.11% of their portfolio | 1.4m $199.2m | Added +674.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.13% of their portfolio | 1.2m $168.0m | First filing |
| Nuveen, LLC 0.04% of their portfolio | 1.0m $147.1m | First filing |
| AQR CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 998.2k $144.6m | Reduced -41.4k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 989.4k $144.1m | Reduced -793.9k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 962.4k $140.2m | Reduced -225.1k |
| AustralianSuper Pty Ltd 0.76% of their portfolio | 923.9k $134.6m | Added +5.6k |
| Swiss National Bank 0.09% of their portfolio | 906.4k $132.0m | Reduced -39.1k |
| TWO SIGMA ADVISERS, LP 0.29% of their portfolio | 892.3k $130.0m | Added +377.3k |
| National Pension Service 0.11% of their portfolio | 804.3k $117.2m | Added +1.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 727.2k $105.9m | Reduced -81.4k |
| JANUS HENDERSON GROUP PLC 0.06% of their portfolio | 717.3k $103.3m | Reduced -20.6k |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 669.1k $97.5m | Added +2.7k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 666.4k $97.1m | Added +330.7k |
| BARCLAYS PLC 0.04% of their portfolio | 612.5k $89.2m | Reduced -28.5k |
| California Public Employees Retirement System 0.06% of their portfolio | 603.0k $87.8m | Reduced -44.6k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 600.9k $87.5m | Reduced -12.3k |
| Mariner, LLC 0.14% of their portfolio | 593.2k $85.8m | Reduced -27.5k |
| CITIGROUP INC 0.07% of their portfolio | 592.9k $86.4m | Added +69.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.08% of their portfolio | 578.6k $84.3m | Added +64.8k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 569.8k $82.9m | Reduced -205.8k |
| FIFTH THIRD BANCORP 0.31% of their portfolio | 563.2k $82.0m | Reduced -28.2k |
| Empyrean Capital Partners, LP 4.06% of their portfolio | 520.5k $75.8m | New |
| Alyeska Investment Group, L.P. 0.28% of their portfolio | 487.4k $71.0m | New |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 484.2k $70.5m | Reduced -90.3k |
| Assenagon Asset Management S.A. 0.12% of their portfolio | 478.3k $69.7m | Reduced -64.8k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 467.5k $68.1m | Reduced -15.5k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 414.6k $60.4m | Reduced -19.6k |
| LPL Financial LLC 0.02% of their portfolio | 412.1k $60.0m | Added +27.9k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 397.0k $57.8m | Reduced -960.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 391.6k $57.1m | Reduced -46.7k |
| Thrivent Financial for Lutherans 0.12% of their portfolio | 388.0k $56.6m | Reduced -50.5k |
| CANADA LIFE ASSURANCE Co 0.10% of their portfolio | 383.6k $56.0m | Reduced -2.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 382.3k $55.7m | Reduced -15.8k |
| HM PAYSON & CO 0.95% of their portfolio | 372.0k $54.2m | Added +20.0k |
| TWO SIGMA INVESTMENTS, LP 0.11% of their portfolio | 358.8k $52.3m | Reduced -224.1k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.42% of their portfolio | 357.4k $52.1m | Reduced -80.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.08% of their portfolio | 351.2k $51.2m | Reduced -30.3k |
| PNC Financial Services Group, Inc. 0.03% of their portfolio | 342.6k $49.9m | Reduced -10.8k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 338.9k $49.4m | Added +53.8k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 331.9k $48.4m | Reduced -231.5k |
| KBC Group NV 0.15% of their portfolio | 328.2k $47.8m | Reduced -28.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.09% of their portfolio | 320.5k $46.7m | Reduced -9.5k |
| Brandywine Global Investment Management, LLC 0.31% of their portfolio | 299.1k $43.6m | Reduced -90.6k |
| JONES FINANCIAL COMPANIES LLLP 0.04% of their portfolio | 293.3k $42.4m | Added +51.0k |
| PANAGORA ASSET MANAGEMENT INC 0.20% of their portfolio | 278.1k $40.5m | Reduced -392.7k |
| Calamos Advisors LLC 0.19% of their portfolio | 276.0k $40.2m | Added +2.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.07% of their portfolio | 273.4k $39.8m | Reduced -11.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 272.2k $39.7m | Reduced -18.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.07% of their portfolio | 254.4k $37.1m | Reduced -9.9k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 254.1k $37.0m | Reduced -32.6k |
| Korea Investment CORP 0.09% of their portfolio | 249.6k $36.4m | Reduced -7.3k |
| NATIXIS ADVISORS, LLC 0.07% of their portfolio | 249.1k $36.3m | Added +14.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 244.9k $35.7m | Reduced -20.4k |
| MEYER HANDELMAN CO 1.23% of their portfolio | 241.9k $35.2m | Reduced -230 |
| Rockefeller Capital Management L.P. 0.08% of their portfolio | 235.4k $34.3m | Added +15.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 233.5k $34.0m | Reduced -31.2k |
| GABELLI FUNDS LLC 0.26% of their portfolio | 232.1k $33.8m | Reduced -2.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.09% of their portfolio | 229.6k $33.5m | Added +20.0k |
| HighTower Advisors, LLC 0.04% of their portfolio | 214.6k $31.3m | Reduced -7.7k |
| PRUDENTIAL FINANCIAL INC 0.04% of their portfolio | 214.5k $31.3m | Added +33.9k |
| Mitsubishi UFJ Trust & Banking Corp 0.08% of their portfolio | 213.0k $31.0m | Reduced -208.1k |
| Ensign Peak Advisors, Inc 0.06% of their portfolio | 210.6k $30.7m | Reduced -38.3k |
| NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio | 208.1k $30.3m | Reduced -915.7k |
| FEDERATED HERMES, INC. 0.06% of their portfolio | 205.6k $30.0m | Added +3.0k |
| Hosking Partners LLP 1.26% of their portfolio | 204.6k $29.8m | Reduced -23.9k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.07% of their portfolio | 202.6k $29.5m | Added +15.8k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.21% of their portfolio | 195.6k $28.5m | First filing |