Manager record · ✦ curated · archived quarter
Oaktree Capital Management
Co-founded by Howard Marks · Los Angeles, CA · CIK 949509 · EDGAR filings ↗
Credit specialist; the 13F shows only its listed-equity sliver.
$6.56BReported 13F value
147Positions
65.0%Top-10 weight
15.20Effective holdings
12.0%Est. turnover
+13New
−12Exits
Reported 13F portfolio value covers U.S. reportable long positions only, not cash, bonds, shorts or non-U.S. holdings. It is not assets under management.
Sector exposure
Energy
23.0% (+1.1pp)
Industrials
17.5% (+0.9pp)
Basic Materials
14.4% (-2.7pp)
Communication Services
9.6% (+0.2pp)
Technology
7.6% (-1.3pp)
Healthcare
6.7% (+5.0pp)
Consumer Cyclical
6.6% (-0.8pp)
Financial Services
6.0% (-1.9pp)
Utilities
4.9% (-0.2pp)
Real Estate
3.4% (-0.6pp)
Consumer Defensive
0.4%
Share of reported common-equity value; (±pp) vs prior quarter.
The portfolio · Q1 2026
| # | Security | Weight | Value | Shares | Δ shares | Held | |
|---|---|---|---|---|---|---|---|
| 1 | TRMD TORM plc | 15.7% | $675.08M | 23.84M | -9.8% | ▼ Trim | 8 |
| 2 | EXE Expand Energy Corporation | 13.3% | $574.97M | 5.24M | +1.6% | ▲ Add | 8 |
| 3 | AU AngloGold Ashanti plc | 7.3% | $313.80M | 3.22M | -16.2% | ▼ Trim | 8 |
| 4 | GTX Garrett Motion Inc. | 6.2% | $265.19M | 14.59M | -14.6% | ▼ Trim | 8 |
| 5 | INDV Indivior Pharmaceuticals Inc | 4.9% | $212.88M | 6.98M | New | New | 1 |
| 6 | TDS Telephone and Data Systems… | 4.2% | $180.70M | 4.29M | +16.4% | ▲ Add | 3 |
| 7 | VNOM Viper Energy, Inc. | 4.1% | $178.16M | 3.79M | -39.7% | ▼ Trim | 3 |
| 8 | CORZ Core Scientific, Inc. | 3.2% | $139.89M | 9.35M | +12.0% | ▲ Add | 3 |
| 9 | STKL SUNOPTA INC | 3.1% | $134.23M | 20.73M | 0.0% | Held | 8 |
| 10 | PBR Petróleo Brasileiro S.A. -… | 2.9% | $126.36M | 6.09M | New | New | 1 |
| 11 | B Barrick Mining Corporation | 2.5% | $107.07M | 2.62M | -11.8% | ▼ Trim | 4 |
| 12 | TLN Talen Energy Corporation | 2.5% | $105.70M | 331.12K | 0.0% | Held | 7 |
| 13 | LBTYA Liberty Global plc | 2.4% | $103.38M | 8.55M | 0.0% | Held | 8 |
| 14 | ITUB Itaú Unibanco Holding S.A. | 2.4% | $102.14M | 12.19M | -11.8% | ▼ Trim | 5 |
| 15 | NOK Nokia Oyj | 2.1% | $90.05M | 11.20M | -40.3% | ▼ Trim | 5 |
| 16 | TAC TransAlta Corporation | 2.0% | $84.08M | 6.42M | 0.0% | Held | 5 |
| 17 | CBL CBL & Associates… | 1.9% | $82.77M | 2.15M | -14.4% | ▼ Trim | 8 |
| 18 | FCX Freeport-McMoRan Inc. | 1.7% | $71.72M | 1.22M | -12.2% | ▼ Trim | 8 |
| 19 | XP XP Inc. | 1.4% | $60.40M | 3.17M | -4.5% | ▼ Trim | 3 |
| 20 | LILA Liberty Latin America Ltd. | 1.3% | $57.95M | 6.59M | 0.0% | Held | 4 |
| 21 | AERO GRUPO AEROMEXICO SAB DE CV | 1.3% | $55.60M | 3.97M | +5.1% | ▲ Add | 2 |
| 22 | BLCO Bausch + Lomb Corporation | 1.2% | $53.79M | 3.38M | 0.0% | Held | 4 |
| 23 | KRC Kilroy Realty Corporation | 1.2% | $52.19M | 1.85M | 0.0% | Held | 8 |
| 24 | CRDO Credo Technology Group… | 1.2% | $50.60M | 539.00K | New | New | 1 |
| 25 | RWAY Runway Growth Finance Corp. | 1.1% | $48.29M | 7.03M | 0.0% | Held | 8 |
| 26 | YPF YPF Sociedad Anónima | 1.0% | $40.97M | 886.47K | New | New | 1 |
| 27 | USM United States Cellular… | 0.8% | $33.43M | 724.44K | 0.0% | Held | 3 |
| 28 | CX CEMEX, S.A.B. de C.V. | 0.7% | $31.61M | 2.76M | -51.9% | ▼ Trim | 8 |
| 29 | ECVT Ecovyst Inc. | 0.7% | $30.78M | 2.39M | -43.7% | ▼ Trim | 3 |
| 30 | EMBJ Embraer S.A. | 0.6% | $26.56M | 447.61K | New | New | 1 |
| 31 | KRSP RICE ACQUISITION CORP 3 | 0.6% | $25.06M | 2.80M | 0.0% | Held | 2 |
| 32 | TX Ternium S.A. | 0.5% | $23.40M | 582.92K | -11.5% | ▼ Trim | 8 |
| 33 | SHAZ SharonAI Holdings, Inc.… | 0.5% | $22.73M | 1.00M | New | New | 1 |
| 34 | OCSL Oaktree Specialty Lending… | 0.5% | $20.93M | 1.85M | 0.0% | Held | 8 |
| 35 | TEO TELECOM ARGENTINA SA | 0.4% | $18.96M | 1.62M | -30.9% | ▼ Trim | 8 |
| 36 | SMPL The Simply Good Foods… | 0.4% | $16.20M | 1.13M | New | New | 1 |
| 37 | MINE MAYFAIR GOLD CORP | 0.3% | $13.87M | 4.50M | New | New | 1 |
| 38 | BATL BATTALION OIL CORP | 0.3% | $11.74M | 3.01M | 0.0% | Held | 8 |
| 39 | SMRT SMARTRENT INC | 0.3% | $11.26M | 7.51M | 0.0% | Held | 8 |
| 40 | BMM BLUE MOON METALS INC | 0.3% | $10.88M | 1.69M | New | New | 1 |
| 41 | OPTU Optimum Communications, Inc. | 0.2% | $9.53M | 7.33M | -2.3% | ▼ Trim | 8 |
| 42 | MX MAGNACHIP SEMICONDUCTOR CORP | 0.2% | $7.98M | 2.85M | 0.0% | Held | 8 |
| 43 | ILLU ILLUMINATION ACQUISITION… | 0.2% | $7.44M | 750.00K | New | New | 1 |
| 44 | NRG NRG Energy, Inc. | 0.2% | $7.16M | 49.03K | New | New | 1 |
| 45 | BKLN Invesco Senior Loan ETF | 0.1% | $4.08M | 200.02K | New | New | 1 |
| 46 | HDB HDFC Bank Limited | 0.1% | $2.84M | 114.26K | -12.4% | ▼ Trim | 8 |
| 47 | ALVO ALVOTECH SA | 0.0% | $1.53M | 4.91M | -5.7% | ▼ Trim | 8 |
| 48 | PDD PDD Holdings Inc. | 0.0% | $492,814 | 4.82K | New | New | 1 |
| 49 | BTAI BIOXCEL THERAPEUTICS INC | 0.0% | $323,193 | 241.19K | 0.0% | Held | 4 |
Common-stock (SH) positions only; option lines are in the Options tab and are never netted. ✂ = change computed against split-adjusted prior shares. “Held N+” = held every quarter in our window, possibly longer.
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| INDV Indivior… | 6.98M | n/a | New | $212.88M | 4.9% | |
| PBR Petróleo Brasileiro… | 6.09M | n/a | New | $126.36M | 2.9% | |
| CRDO Credo Technology Group… | 539.00K | n/a | New | $50.60M | 1.2% | |
| YPF YPF Sociedad Anónima | 886.47K | n/a | New | $40.97M | 1.0% | |
| EMBJ Embraer S.A. | 447.61K | n/a | New | $26.56M | 0.6% | |
| SHAZ SharonAI Holdings, Inc.… | 1.00M | n/a | New | $22.73M | 0.5% | |
| SMPL The Simply Good Foods… | 1.13M | n/a | New | $16.20M | 0.4% | |
| MINE | 4.50M | n/a | New | $13.87M | 0.3% | |
| BMM | 1.69M | n/a | New | $10.88M | 0.3% | |
| ILLU | 750.00K | n/a | New | $7.44M | 0.2% | |
| NRG NRG Energy, Inc. | 49.03K | n/a | New | $7.16M | 0.2% | |
| BKLN Invesco Senior Loan ETF | 200.02K | n/a | New | $4.08M | 0.1% | |
| PDD PDD Holdings Inc. | 4.82K | n/a | New | $492,814 | 0.0% |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| EXE Expand Energy… | 5.24M | 5.16M | +1.6% | $574.97M | 13.3% | |
| TDS Telephone and Data… | 4.29M | 3.69M | +16.4% | $180.70M | 4.2% | |
| CORZ Core Scientific, Inc. | 9.35M | 8.35M | +12.0% | $139.89M | 3.2% | ●●●○○○ |
| AERO | 3.97M | 3.78M | +5.1% | $55.60M | 1.3% | ●●○○○○ |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| TRMD TORM plc | 23.84M | 26.43M | -9.8% | $675.08M | 15.7% | ●●○○○○ |
| AU AngloGold Ashanti plc | 3.22M | 3.85M | -16.2% | $313.80M | 7.3% | ●●●●●● |
| GTX Garrett Motion Inc. | 14.59M | 17.09M | -14.6% | $265.19M | 6.2% | ●●●●○○ |
| VNOM Viper Energy, Inc. | 3.79M | 6.29M | -39.7% | $178.16M | 4.1% | |
| B Barrick Mining… | 2.62M | 2.98M | -11.8% | $107.07M | 2.5% | ●●○○○○ |
| NOK Nokia Oyj | 11.20M | 18.75M | -40.3% | $90.05M | 2.1% | |
| ITUB Itaú Unibanco Holding… | 12.19M | 13.82M | -11.8% | $102.14M | 2.4% | |
| CBL CBL & Associates… | 2.15M | 2.52M | -14.4% | $82.77M | 1.9% | ●●○○○○ |
| FCX Freeport-McMoRan Inc. | 1.22M | 1.39M | -12.2% | $71.72M | 1.7% | ●●●●○○ |
| CX CEMEX, S.A.B. de C.V. | 2.76M | 5.75M | -51.9% | $31.61M | 0.7% | ●●●●○○ |
| XP XP Inc. | 3.17M | 3.32M | -4.5% | $60.40M | 1.4% | |
| ECVT Ecovyst Inc. | 2.39M | 4.25M | -43.7% | $30.78M | 0.7% | |
| TEO | 1.62M | 2.35M | -30.9% | $18.96M | 0.4% | ●●●●●● |
| TX Ternium S.A. | 582.92K | 658.57K | -11.5% | $23.40M | 0.5% | ●●●○○○ |
| OPTU Optimum Communications… | 7.33M | 7.50M | -2.3% | $9.53M | 0.2% | |
| ALVO | 4.91M | 5.20M | -5.7% | $1.53M | 0.0% | ●●○○○○ |
| HDB HDFC Bank Limited | 114.26K | 130.44K | -12.4% | $2.84M | 0.1% | ●●●●○○ |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| FTAI FTAI Aviation Ltd. | n/a | 517.33K | Exit | $101.84M | 2.2% | |
| NU Nu Holdings Ltd. | n/a | 4.48M | Exit | $74.98M | 1.7% | |
| GRAB Grab Holdings Limited | n/a | 11.21M | Exit | $55.93M | 1.2% | |
| VIST Vista Energy, S.A.B. de… | n/a | 782.25K | Exit | $38.06M | 0.8% | |
| YMM Full Truck Alliance Co.… | n/a | 3.52M | Exit | $37.77M | 0.8% | |
| SBLK Star Bulk Carriers Corp. | n/a | 1.96M | Exit | $37.73M | 0.8% | |
| CRC California Resources… | n/a | 694.50K | Exit | $31.05M | 0.7% | |
| BZ Kanzhun Limited | n/a | 1.52M | Exit | $31.04M | 0.7% | |
| VALE Vale S.A. | n/a | 2.02M | Exit | $26.37M | 0.6% | |
| INFY Infosys Limited | n/a | 1.09M | Exit | $19.51M | 0.4% | |
| ONIT | n/a | 390.83K | Exit | $17.90M | 0.4% | |
| BHC Bausch Health Companies… | n/a | 1.27M | Exit | $8.83M | 0.2% |
| Underlying | Type | Underlying shares | Reported value |
|---|---|---|---|
| QQQ | Put | 570.00K | $328.99M |
| XOP | Put | 1.00M | $181.83M |
| CORZ | Call | 3.50M | $52.36M |
| TLN | Call | 150.00K | $47.88M |
| LYB | Put | 500.00K | $40.28M |
13Fs report option notional (underlying shares and market value) but not strike, expiry, or whether the option was bought or written, so no direction can be inferred. Methodology
Position age
130–1 quarters
122–4 quarters
245–8 quarters
Consecutive quarters each current position has been reported, within our data window.
Similar managers
| Manager | Common positions | Name overlap | Weighted similarity | |
|---|---|---|---|---|
| Pacer Advisors, Inc. | 10 | 0.6% | 0.0772 | Compare ⇄ |
| GAMCO Investors | 13 | 1.4% | 0.047 | Compare ⇄ |
| Third Point | 3 | 3.6% | 0.0454 | Compare ⇄ |
| Man Group plc | 23 | 1.2% | 0.0292 | Compare ⇄ |
| Group One Trading Llc | 23 | 1.1% | 0.0269 | Compare ⇄ |
| Victory Capital Management Inc | 21 | 0.9% | 0.023 | Compare ⇄ |
| Ninety One UK Ltd | 9 | 2.9% | 0.021 | Compare ⇄ |
| Wcm Investment Management, Llc | 3 | 1.0% | 0.0203 | Compare ⇄ |
Similarity of reported longs only; hedges and non-13F assets are invisible. Methodology
Filing record
Aug 14 2026
13F-HR · period Q2 2026
$7.21B · 145 holdings listed · View original SEC filing ↗
May 20 2026
13F-HR/A · period Q1 2026
$6.56B · 147 holdings listed · amendment (restatement) · View original SEC filing ↗
May 19 2026
13F-HR/A · period Q1 2026
$6.49B · 142 holdings listed · amendment (restatement) · View original SEC filing ↗
May 15 2026
13F-HR · period Q1 2026
$6.28B · 142 holdings listed · View original SEC filing ↗
Feb 17 2026
13F-HR · period Q4 2025
$7.03B · 172 holdings listed · View original SEC filing ↗
Nov 13 2025
13F-HR · period Q3 2025
$6.49B · 165 holdings listed · View original SEC filing ↗
Aug 13 2025
13F-HR · period Q2 2025
$5.81B · 178 holdings listed · View original SEC filing ↗
May 15 2025
13F-HR · period Q1 2025
$5.17B · 170 holdings listed · View original SEC filing ↗
Feb 12 2025
13F-HR · period Q4 2024
$5.64B · 165 holdings listed · View original SEC filing ↗
Nov 14 2024
13F-HR · period Q3 2024
$6.24B · 168 holdings listed · View original SEC filing ↗
Aug 14 2024
13F-HR · period Q2 2024
$6.30B · 152 holdings listed · View original SEC filing ↗
Provenance: All holdings parsed from this manager's 13F information tables on SEC EDGAR; values as reported, whole USD. Changes compare the latest accepted version of each quarter (amendments incorporated) on split-adjusted share counts.
Reporting period: Q1 2026 · latest filing Aug 14, 2026 ·
Change methodology