Follow The Filings

Oaktree Capital Management LP Howard Marks

Los Angeles, CA 28 processed 13Fs on this site, 2021 Q3 to 2026 Q2

  • $7.2B
  • 49 holdings
  • 2026 Q2
  • +14.7% QoQ
  • Top 5 24.8%

Portfolio

2026 Q2, filed 8/13/2026, top 12 of 49 holdings

Top 5 24.8%, top 10 34.9%

  1. TRMD, Torm 7.3%
  2. EXE, Expand Energy 6.6%
  3. GTX, Garrett Motion 3.8%
  4. AU, Anglogold Ashanti 3.6%
  5. INDV, Indivior Pharmaceuticals 3.5%
  6. TDS, Telephone And Data Systems 2.7%
  7. VNOM, Viper Energy 2.2%
  8. CORZ, Core Scientific 1.8%
  9. TLN, Talen Energy 1.8%
  10. B 1.6%
  11. ITUB, Itau Unibanco 1.4%
  12. LBTYA, Liberty Global 1.3%
  13. Other 62.4%

AUM over time

2026 Q2 $7.2B +14.7% QoQ
2021 Q3: $6.9B 2021 Q3: $6.9B
Q3 2021
2021 Q4: $8.8B, +27.3% QoQ 2021 Q4: $8.8B, +27.3% QoQ
Q4
2022 Q1: $9.6B, +9.3% QoQ 2022 Q1: $9.6B, +9.3% QoQ
Q1 2022
2022 Q2: $8.6B, −10.2% QoQ 2022 Q2: $8.6B, −10.2% QoQ
Q2
2022 Q3: $9.1B, +5.8% QoQ 2022 Q3: $9.1B, +5.8% QoQ
Q3
2022 Q4: $9.5B, +4.4% QoQ 2022 Q4: $9.5B, +4.4% QoQ
Q4
2023 Q1: $9.1B, −4.3% QoQ 2023 Q1: $9.1B, −4.3% QoQ
Q1 2023
2023 Q2: $7.6B, −16.6% QoQ 2023 Q2: $7.6B, −16.6% QoQ
Q2
2023 Q3: $6.9B, −9.3% QoQ 2023 Q3: $6.9B, −9.3% QoQ
Q3
2023 Q4: $6.9B, −0.1% QoQ 2023 Q4: $6.9B, −0.1% QoQ
Q4
2024 Q1: $6.4B, −7.6% QoQ 2024 Q1: $6.4B, −7.6% QoQ
Q1 2024
2024 Q2: $6.3B, −1.0% QoQ 2024 Q2: $6.3B, −1.0% QoQ
Q2
2024 Q3: $6.2B, −0.9% QoQ 2024 Q3: $6.2B, −0.9% QoQ
Q3
2024 Q4: $5.6B, −9.7% QoQ 2024 Q4: $5.6B, −9.7% QoQ
Q4
2025 Q1: $5.2B, −8.3% QoQ 2025 Q1: $5.2B, −8.3% QoQ
Q1 2025
2025 Q2: $5.8B, +12.5% QoQ 2025 Q2: $5.8B, +12.5% QoQ
Q2
2025 Q3: $6.5B, +11.6% QoQ 2025 Q3: $6.5B, +11.6% QoQ
Q3
2025 Q4: $7B, +8.3% QoQ 2025 Q4: $7B, +8.3% QoQ
Q4
2026 Q1: $6.3B, −10.6% QoQ 2026 Q1: $6.3B, −10.6% QoQ
Q1 2026
2026 Q2: $7.2B, +14.7% QoQ 2026 Q2: $7.2B, +14.7% QoQ
Q2

Book

2025 Q1 2024 Q4, filed 15 May, long equity only

Download CSV Download Excel All activity
TRMD, Torm 12.82% Hold 40,581,120 $16.33 $663M — —
EXE, Expand Energy 11.98%, was 12.26% Reduce −19.8% 5,562,364 $111.32 $619M −1,375,000 −$71M
GTX, Garrett Motion 7.14% Hold 44,082,816 $8.37 $369M — —
Sitio Royalties 4.97% Hold 12,935,120 $19.87 $257M — —
AU, Anglogold Ashanti 3.92% Reduce −1.7% 5,464,851 $37.12 $203M −92,700 +$75M
RWAY, Runway Growth Finance 2.16% Hold 10,779,667 $10.35 $112M — —
CX, Cemex Sab De CV 2.10%, was 1.46% Add +32.9% 19,383,729 $5.61 $109M +4,794,697 +$26M
INDV, Indivior 2.00%, was 1.99% Add +26.1% 11,009,125 $9.40 $103M +2,275,577 −$8.6M
VIST, Vista Energy Sab De CV 1.97%, was 2.20% Reduce −4.8% 2,184,561 $46.56 $102M −109,000 −$22M
STKL, Sunopta 1.95% Hold 20,726,126 $4.86 $101M — —
NOK, Nokia Oyj 1.91% New 18,752,227 $5.27 $99M +18,752,227 +$99M
SBLK, Star Bulk Carriers 1.62% Hold 5,373,631 $15.56 $84M — —
FCX, Freeport-McMoRan 1.60%, was 1.19% Add +24.3% 2,191,108 $37.86 $83M +428,105 +$16M
LBTYA, Liberty Global 1.60% Hold 7,204,190 $11.51 $83M — —
CBL, CBL & Associates Properties 1.55% Hold 3,005,126 $26.58 $80M — —
TLN, Talen Energy 1.24%, was 1.42% Reduce −19.4% 319,829 $199.67 $64M −76,795 −$16M
KRC, Kilroy Realty 1.17% Hold 1,850,011 $32.76 $61M — —
CRC, California Resources 1.17%, was 1.88% Reduce −32.7% 1,376,753 $43.97 $61M −670,000 −$46M
VALE, Vale SA 1.16% Reduce −16.4% 6,014,782 $9.98 $60M −1,177,223 −$3.8M
TAC, Transalta 1.01% New 5,585,253 $9.33 $52M +5,585,253 +$52M
GOLD, Barrick Gold 0.95%, was 0.28% Add +147.9% 2,516,658 $19.44 $49M +1,501,595 +$33M
Grab 0.90% New 10,275,995 $4.53 $47M +10,275,995 +$47M
HTHT, H World Group 0.88%, was 0.67% Add +7.3% 1,229,399 $37.01 $46M +84,130 +$7.7M
JD, JD.com 0.76%, was 0.87% Reduce −31.9% 960,796 $41.12 $40M −449,156 −$9.4M
ITUB, Itau Unibanco 0.74% New 6,941,012 $5.50 $38M +6,941,012 +$38M
PBR, Petroleo Brasileiro 0.74%, was 0.77% Reduce −20.7% 2,659,492 $14.34 $38M −693,232 −$5M
BILI, Bilibili 0.71% New 1,925,797 $19.11 $37M +1,925,797 +$37M
Ecopetrol 0.64% New 3,162,122 $10.44 $33M +3,162,122 +$33M
OCSL, Oaktree Specialty Lending 0.55% Hold 1,852,456 $15.36 $28M — —
TEO, Telecom Argentina 0.53%, was 0.63% Reduce −3.2% 2,709,263 $10.19 $28M −90,000 −$7.6M
TX, Ternium 0.49% Reduce −1.9% 812,609 $31.16 $25M −15,700 +$1.2M
BEKE, KE Holdings 0.49% New 1,254,784 $20.09 $25M +1,254,784 +$25M
Kanzhun 0.43% Reduce −33.6% 1,170,961 $19.17 $22M −591,670 −$1.9M
OPTU, Altice USA 0.39% Hold 7,500,000 $2.66 $20M — —
BMA, Banco Macro 0.38%, was 0.65% Reduce −31.2% 260,462 $75.51 $20M −118,163 −$17M
BIDU, Baidu 0.36% New 199,684 $92.03 $18M +199,684 +$18M
ALVO, Alvotech 0.35%, was 0.45% Reduce −3.0% 1,868,483 $9.67 $18M −57,222 −$7.4M
UNIT, Uniti Group 0.33% Hold 3,397,592 $5.04 $17M — —
Kingsoft 0.30% New 1,091,853 $14.36 $16M +1,091,853 +$16M
Onity Group 0.26% Hold 410,429 $32.32 $13M — —
Holding 0.25%, was 0.41% Reduce −39.0% 484,606 $26.46 $13M −309,577 −$10M
Berry 0.23% Hold 3,697,000 $3.21 $12M — —
MGA, Magnachip Semiconductor 0.19% Hold 2,849,858 $3.43 $9.8M — —
SMRT, Smartrent 0.18% Hold 7,505,294 $1.21 $9.1M — —
BAK, Braskem 0.17% Reduce −5.9% 2,344,292 $3.85 $9M −147,500 −$593K
BHC, Bausch Health Companies 0.16% Hold 1,270,000 $6.47 $8.2M — —
Vacasa 0.14% Hold 1,375,448 $5.38 $7.4M — —
DQ, Daqo New Energy 0.12%, was 0.19% Reduce −37.4% 344,819 $18.11 $6.2M −206,188 −$4.5M
HDB, HDFC Bank 0.12% Hold 89,697 $66.44 $6M — —
BATL, Battalion Oil 0.08% Hold 3,009,912 $1.30 $3.9M — —

Showing top 50 of 51 by value

Exits / last held

Gone since 2024 Q4, shown at their last reported size.

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
Infinera 2.94% Exit 0 $6.57 $165M −25,175,384 −$165M
Holding 1.10% Exit 0 $43.08 $62M −1,440,836 −$62M
TCOM, Trip.com 0.87% Exit 0 $68.66 $49M −717,222 −$49M
YUMC, Yum China 0.75% Exit 0 $48.17 $42M −877,830 −$42M
INFY, Infosys 0.65% Exit 0 $21.92 $37M −1,677,679 −$37M
NTES, NetEase 0.63% Exit 0 $89.21 $36M −399,694 −$36M
Enlink Midstream 0.63% Exit 0 $14.15 $35M −2,499,111 −$35M
PDD, PDD Holdings 0.48% Exit 0 $96.99 $27M −277,767 −$27M
Pampa Energia 0.20% Exit 0 $87.94 $12M −131,086 −$12M
CPNG, Coupang 0.09% Exit 0 $21.98 $5.3M −241,544 −$5.3M
Mesoblast 0.06% Exit 0 $19.80 $3.6M −179,593 −$3.6M
Ecd Automotive Design — Exit 0 $0.9600 $72K −75,000 −$72K

Weight bar: held both quarters added sold at this quarter’s reported price

* Reported price is value ÷ shares from the 13F as of period end, not a live market quote. Weight % is each long-equity position ÷ full 13F AUM, so rows may not sum to 100% when the filing includes options or other non-equity (excluded from this table). Share change and $ change are vs 2024 Q4. Click a column header to sort, or New, Hold, Add or Reduce to bring those moves to the top. Exit opens the last-held block below.

Filings history

20 periods, with AUM normalized

Newest 13Fs
Period Holds AUM QoQ Form Filed Filing ID
2026 Q2 145 $7.2B +14.7% 13F-HR 8/13/2026 000094950926000005
2026 Q1 147 $6.6B — RESTATEMENT 5/20/2026 000094950926000004
2026 Q1 142 $6.5B — RESTATEMENT 5/19/2026 000094950926000003
2026 Q1 142 $6.3B −10.6% 13F-HR 5/15/2026 000094950926000002
2025 Q4 172 $7B +8.3% 13F-HR 2/17/2026 000094950926000001
2025 Q3 165 $6.5B +11.6% 13F-HR 11/13/2025 000094950925000007
2025 Q2 178 $5.8B +12.5% 13F-HR 8/13/2025 000094950925000004
2025 Q1 168 $5.2B −8.3% 13F-HR 5/15/2025 000094950925000002
2024 Q4 165 $5.6B −9.7% 13F-HR 2/12/2025 000179078725000003
2024 Q3 168 $6.2B −0.9% 13F-HR 11/14/2024 000094950924000009
2024 Q2 152 $6.3B −1.0% 13F-HR 8/14/2024 000094950924000007
2024 Q1 169 $6.4B −7.6% 13F-HR 5/14/2024 000094950924000004
2023 Q4 188 $6.9B −0.1% 13F-HR 2/13/2024 000094950924000001
2023 Q3 202 $6.9B −9.3% 13F-HR 11/13/2023 000179078723000010
2023 Q2 238 $7.6B −16.6% 13F-HR 8/14/2023 000179078723000005
2023 Q1 301 $9B — RESTATEMENT 8/25/2023 000094950923000012
2023 Q1 301 $9.1B −4.3% 13F-HR 5/15/2023 000094950923000010
2022 Q4 345 $9.5B — RESTATEMENT 4/21/2023 000094950923000007
2022 Q4 345 $9.5B +4.4% 13F-HR 2/14/2023 000094950923000005
2022 Q3 380 $9.1B +5.8% 13F-HR 11/14/2022 000094950922000007
2022 Q2 382 $8.6B −10.2% 13F-HR 8/15/2022 000094950922000006
2022 Q1 363 $9.6B +9.3% 13F-HR 5/16/2022 000094950922000003
2021 Q4 1 $365M — new holds 2/16/2022 000094950922000002
2021 Q4 371 $8.8B +27.3% 13F-HR 2/14/2022 000094950922000001
2021 Q3 2 $33M — new holds 12/14/2021 000094950921000024
2021 Q3 2 $178M — new holds 11/16/2021 000094950921000022
2021 Q3 1 $60M — new holds 11/16/2021 000094950921000023
2021 Q3 261 $6.9B — 13F-HR 11/15/2021 000094950921000021

About

Oaktree Capital Management LP

28 processed 13Fs on this site, 2021 Q3 to 2026 Q2

Notable person
Howard Marks
SEC filing name
OAKTREE CAPITAL MANAGEMENT LP
Location
Los Angeles, CA
All SEC filings
View on sec.gov