Marathon Asset Management 13F: New $42M Stake in WFG
Key Points
- Marathon Asset Management's new position in West Fraser Timber represents about 3.35% of its total reported value of $1.26 billion.
- Marathon Asset Management held 606,680 $WFG shares at quarter end, all of it a new position.
- The stock of West Fraser Timber recently traded around $70.00, which is 18.4% below the mean price target of $85.83 set by analysts.
- The company's upcoming earnings report is scheduled for October 28, 2026, giving investors a chance to assess its performance amid recent market conditions.
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On October 26, 2026, Marathon Asset Management disclosed it took a new position of 606,680 shares in West Fraser Timber Co. Ltd. (WFG), valued at approximately $42.3 million. This information comes from the fund's latest Form 13F filing.
WFG
West Fraser Timber Co. Ltd.
What Changed in Marathon Asset Management's West Fraser Timber Position
Marathon Asset Management opened a new position with 606,680 shares in West Fraser Timber, representing a value of about $42.3 million. This new stake accounts for 3.35% of the fund's total reported value of $1.26 billion and ranks 11th among its holdings.
Where West Fraser Timber Fits in Marathon Asset Management's Portfolio
West Fraser Timber is now a new addition to Marathon's portfolio, making up a small but significant part of its overall investments.
Other Institutional Activity in West Fraser Timber
FIL LTD holds 8,729,285 shares in West Fraser Timber, valued at approximately $611 million, despite a slight reduction of 5,241 shares. Royal Bank of Canada increased its stake by 41,066 shares, bringing its total to 3,492,021 shares valued at about $244 million. Mackenzie Financial Corporation also grew its holdings by 90,650 shares, now totaling 1,878,614 shares valued at around $131 million.
West Fraser Timber Co. Ltd. Stock Up 0.4%
The stock of West Fraser Timber recently traded around $70.00, which is above its 50-day moving average of $68.33 and its 200-day moving average of $67.21. However, it is 9.1% below its 52-week high of $76.99, indicating some potential for recovery.
Recent Earnings
West Fraser Timber reported trailing twelve-month revenue of approximately $5.24 billion. However, it also experienced a revenue decline of 6.4% year-over-year, along with a negative net margin of 23.0%. The company is set to announce its next earnings on October 28, 2026.
Analysts Set New Price Targets
On October 16, 2026, RBC Capital maintained its rating of Outperform with a price target of $81.00. Earlier, on September 15, Raymond James upgraded its rating to Outperform with a target of $85.00. The mean price target among analysts is $85.83, indicating a favorable outlook.
About West Fraser Timber Co. Ltd.
West Fraser Timber Co. Ltd. is a diversified wood products company based in Vancouver, BC. It manufactures and distributes a range of wood products, including lumber and engineered wood products, operating through various segments. This new stake by Marathon Asset Management could reflect confidence in the company's potential amid market fluctuations.
Bottom Line
Investors should keep an eye on West Fraser Timber's upcoming earnings report on October 28, 2026, to gauge its performance. With Marathon Asset Management's new stake, the focus will be on how the company's financials align with analyst expectations.
Related Filing Alerts
Source: Marathon Asset Management's 13F filing on $WFG (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts