MPC · NYSE · CIK 0001510295
Marathon Petroleum Corporation
Marathon Petroleum Corporation holds 14 disclosed positions, 14 of them carrying a sourced value.
Share price
MPC
Equity stakes Marathon Petroleum Corporation holds in other companies.
modelled, reported or pending
Select a row or a slice for its provenance: the filing it came from, when it was measured, and the arithmetic behind it if it was modelled.
The full register, from 13F filings
The Register tab above is hand research: a dozen holders, each traced to the filing it came from. This asks the same question of the whole market for the quarter ended 31-mar-2026, where 1,863 managers reported a position. Broad where the research is deep, and shallow in the ways a 13F always is.
1,863 managers reported a position, together holding 219.4m shares, or 78.1% of the company. The 40 largest are listed.
Built from 13F filings, which report US listed, long, US custodied positions only. A register from this source is a floor rather than a level: a holder's true position can be far larger, as BlackRock's ASML stake shows at 1.28m shares in a 13F against 26.3m in its 13G/A. Holdings held through derivatives, outside US custody, or below a manager's reporting obligation do not appear. Where a holder is marked as a family, its total sums several separate filing entities and describes something no single filing describes; the constituent entities and their share counts are listed so the total can be checked. That roll-up can legitimately exceed the family's own Schedule 13G, because a 13G is filed by one legal entity: Vanguard reports Alphabet through ten advisory entities, and The Vanguard Group Inc itself reported zero after its January 2026 disaggregation.
What a reader needs to know to read these numbers
- MPC consolidates MPLX LP (NYSE: MPLX) in its financial statements because it controls MPLX through ownership of MPLX's general partner, MPLX GP LLC, and holds a large majority (approximately 64 percent as of 30 June 2026 and as of 31 December 2025) of MPLX's outstanding common units. This is recorded as a holding, sized in MPLX COMMON UNITS (not MPC shares, not a share class of MPC), because MPLX is a separately listed, separately SEC-registered entity. The public float of MPLX common units (roughly 36 percent) shows up on MPC's own consolidated balance sheet as 'Noncontrolling interests' ($6,643 million at 30 June 2026, $6,772 million at 31 December 2025); that noncontrolling-interest balance belongs to MPLX's public unitholders, is the OPPOSITE direction of an MPC holding, and is deliberately excluded from the holdings list.
- MPC's FY2025 Form 10-K contains a fully itemized equity method investments note (not a single combined balance) giving both an ownership percentage and a carrying value for each named investee at 31 December 2025 and 31 December 2024, split across Refining & Marketing, Midstream (further split between entities held through MPLX and entities MPC retains directly), and Renewable Diesel. The 13 named investees recorded as holdings here sum to exactly $5,471 million of the note's $6,795 million total equity-method balance at 31 December 2025, which itself ties to the 'Equity method investments' line on MPC's consolidated balance sheet.
- The remaining $1,324 million of the 31 December 2025 equity-method balance is reported only inside three combined 'Other' lines (Midstream/MPLX Other $1,123 million, Midstream/MPC-Retained Other $113 million, Renewable Diesel Other $88 million) that are not broken out by counterparty in the note fetched; per the brief's rule for combined balances, none of that $1,324 million is assigned to any named holding.
- Two prior equity-method positions were excluded because they are no longer equity-method holdings as of the most recent filings: MPC sold its 49.9 percent interest in The Andersons Marathon Holdings LLC (TAMH) on 31 July 2025 for $427 million cash and derecognized a $173 million carrying value; and MPLX purchased the remaining 55 percent of BANGL, LLC on 1 July 2025 for $703 million cash plus a contingent earnout, taking MPLX's ownership to 100 percent, so BANGL is now a wholly owned, consolidated subsidiary rather than a holding.
- MPC's Q2 2026 Form 10-Q reports a higher combined equity method investments balance of $7,197 million at 30 June 2026 (versus $6,795 million at 31 December 2025), but the 10-Q text fetched does not repeat the itemized per-investee breakdown that appears in the 10-K; the individual holdings above are therefore dated 31 December 2025 (the most recent date at which a per-investee split was found), not restated to the newer combined total.
- MPC has a single class of common stock; no dual-class structure and no founder control block. Maryann T. Mannen, President, CEO and Chairman, beneficially owns approximately 0.034 percent of MPC common stock; the full 18-person current directors and executive officers group owns approximately 0.166 percent in total.
- Register coverage: the 7 institutional 13F rows sum to 105,164,302 shares, approximately 37.5 percent of the 280,824,763 shares outstanding used as the denominator throughout this file (self-gate check, excluding the insider rows which use the proxy's own 295,184,752 denominator and excluding the aggregate/member insider rows per the overlap rule).
- Vanguard filed Form 13F-NT (notice, no holdings) under CIK 0000102909 for the quarters ended 31 March 2026 and 30 June 2026, so its most recent Form 13F-HR under that CIK is for the quarter ended 31 December 2025 (38,291,917 shares); that is the figure used in the register, consistent with the project's Vanguard-substitution rule following its January 2026 reporting reorganisation into multiple filers.
- The DEF 14A proxy's own 'Security Ownership of Certain Beneficial Owners' (5%-owner) table, as of 1 February 2026, reports different and generally staler figures sourced to each holder's own Schedule 13G/A: Vanguard 38,865,857 shares (13.2%, from a 13G/A filed 29 July 2025 as of 30 June 2025); State Street 25,127,390 shares (8.5%, from a 13G/A filed 30 January 2024 as of 31 December 2023, over two years stale); BlackRock 21,060,653 shares (7.1%, from a 13G/A filed 23 April 2025 as of 31 March 2025). The register above uses each manager's own, more current Form 13F-HR instead and does not separately reproduce these proxy-table rows, to avoid duplicate, conflicting entries for the same three holders. The Vanguard figures in particular disagree (38,291,917 per 13F vs 38,865,857 per the stale 13G/A); both are recorded here rather than one overwriting the other.
- No fresh Schedule 13D or 13G filed directly against MPC's own CIK (0001510295) was found for 2025 or 2026; the EDGAR filing-history feed for 'SC 13' forms under this CIK shows the most recent entries dated 10 September 2024 (13G/A) and 10 May 2024 (13D/A), both pre-dating this file's time window, so no activist or sovereign strategic holder is recorded in the register beyond the 13F-based institutions and the proxy-based insiders.
- 13F share and value figures use each filer's own titleOfClass 'COM'/'COMMON' lines under CUSIP 56585A102 (issuer name abbreviated by filers as 'MARATHON PETE CORP'); JPMorgan's filing additionally reports one 30,000-unit 'MARATHON PETE CORP OPTION' derivative line under CUSIP 56585A902, which is excluded from JPMorgan's share and value totals as a derivative, not an equity position.
Looked for, not found
Recorded rather than filled in. Each of these is a place where a number could have been invented and was not.
- The identity and size of the counterparties behind the three combined 'Other' equity-method lines in MPC's FY2025 10-K note ($1,123 million Midstream/MPLX, $113 million Midstream/MPC-Retained, $88 million Renewable Diesel, totaling $1,324 million at 31 December 2025). The note fetched does not name the individual entities within these three lines.
- Whether MPC or MPLX has added, sold, or resized any equity-method position between 31 December 2025 and 30 June 2026 beyond the combined balance-sheet total. MPC's Q2 2026 10-Q text searched (management's discussion, cash flow note, and related-party disclosures) does not repeat the itemized investee table that appears only in the annual 10-K.
- MPC's Q3 2026 10-Q, covering the quarter ending on or about 30 September 2026, was not yet filed as of the EDGAR submissions feed checked for CIK 0001510295 in this task (most recent 10-Q on file: period 30 June 2026, filed 4 August 2026). Any equity or MPLX-unit activity during that quarter is not reflected here.
- Whether any institutional manager other than the seven checked (Vanguard, BlackRock, State Street, Geode, FMR, Morgan Stanley, JPMorgan) holds a larger MPC stake; this task did not check additional candidate 13F filers (e.g. Capital Research/Capital Group, T. Rowe Price, Invesco, Bank of America, Wellington) against MPC's own CUSIP within the time budget.
- Whether Norges Bank (Norway's sovereign wealth fund) or any other sovereign wealth fund holds MPC shares outside a 13F-filing structure; not checked in this task.
- The exact denominator and date basis the proxy itself would use for the aggregate '18 individuals' current group if restated to the same 30 June 2026 share count used for the institutional rows; the proxy states its own 295,184,752-share count as of 1 February 2026, three months after the 31 December 2025 date used for the underlying beneficial-ownership figures and about six months before the 280,824,763-share count used for the institutional register rows, reflecting intervening share repurchases.
