Latest OAKTREE CAPITAL MANAGEMENT LP Stock Portfolio

Howard Marks Performance:

2025 Q3: -23.09%YTD: -20.21%2024: -7.92%

Performance for 2025 Q3 is -23.09%, and YTD is -20.21%, and 2024 is -7.92%.

About Howard Marks and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Howard Marks reported an equity portfolio of $6.5 Billions as of 30 Sep, 2025.

The top stock holdings of OAKTREE CAPITAL MANAGEMENT LP are , CHK, GTX. The fund has invested 12.9% of it's portfolio in TORM PLC and 8.3% of portfolio in EXPAND ENERGY CORP.

The fund managers got completely rid off SITIO ROYALTIES CORP, ECOPETROL SA (EC) and KE HOLDINGS INC (BEKE) stocks. They significantly reduced their stock positions in TRANSPORTADORA DE GAS DEL SUR SA (TGS), CALIFORNIA RESOURCES CORP (CRC) and STAR BULK CARRIERS CORP. OAKTREE CAPITAL MANAGEMENT LP opened new stock positions in VIPER ENERGY INC, TELEPHONE AND DATA SYSTEMS INC (TDS) and FTAI AVIATION LTD (FTAI). The fund showed a lot of confidence in some stocks as they added substantially to INDIVIOR, LIBERTY LATIN AMERICA LTD (LILA) and FULL TRUCK ALLIANCE CO LTD (YMM).

Howard Marks Annual Return Estimates Vs S&P 500

Our best estimate is that OAKTREE CAPITAL MANAGEMENT LP made a return of -23.09% in the last quarter. In trailing 12 months, it's portfolio return was -28.79%.

New Buys

Ticker	$ Bought
viper energy inc	240,215,000
telephone and data systems inc	144,732,000
core scientific inc	114,829,000
ftai aviation ltd	97,642,300
nu holdings ltd/cayman islands	72,347,300
echostar corp	45,816,000
xp inc	38,197,800
array digital infrastructure inc	36,229,400

New stocks bought by OAKTREE CAPITAL MANAGEMENT LP

Additions

Ticker	% Inc.
lci industries	3,878
indivior	2,241
block inc	1,848
biomarin pharmaceutical inc	1,231
sarepta therapeutics inc	609
lantheus holdings inc	597
jbs nv	562
snap inc	548

Additions to existing portfolio by OAKTREE CAPITAL MANAGEMENT LP

Reductions

Ticker	% Reduced
fiverr international ltd	-80.05
southern co/the	-66.14
wayfair inc	-65.18
peloton interactive inc	-63.1
transportadora de gas del sur sa	-58.93
pebblebrook hotel trust	-58.07
uber technologies inc	-52.48
california resources corp	-49.56

OAKTREE CAPITAL MANAGEMENT LP reduced stake in above stock

Sold off

Ticker	$ Sold
sunnova energy international inc	-1,327,490
sunnova energy international inc	-768,362
echostar corp	-25,308,100
wix.com ltd	-21,063,200
okta inc	-20,139,800
anywhere real estate inc	-12,985,500
sitio royalties corp	-237,939,000
dexcom inc	-7,815,580

OAKTREE CAPITAL MANAGEMENT LP got rid off the above stocks

Sector Distribution

OAKTREE CAPITAL MANAGEMENT LP has about 57.2% of it's holdings in Others sector.

Sector	%
Others	57.2
Energy	13
Consumer Cyclical	9.2
Communication Services	5.5
Real Estate	3.8
Consumer Defensive	2.6
Financial Services	2.3
Industrials	2.1
Basic Materials	1.8
Technology	1.4
Healthcare	1.2

Market Cap. Distribution

OAKTREE CAPITAL MANAGEMENT LP has about 3.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	57.2
MID-CAP	21.3
SMALL-CAP	17.7
LARGE-CAP	3.3

Stocks belong to which Index?

About 15.3% of the stocks held by OAKTREE CAPITAL MANAGEMENT LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	84.7
RUSSELL 2000	14.1
S&P 500	1.2

Top 5 Winners (%)		%
	barrick mining corp	55.5 %
	anglogold ashanti plc	50.1 %
SMRT	smartrent inc	42.4 %
BTAI	bioxcel therapeutics inc	41.4 %
BZ	kanzhun ltd	30.1 %

Top 5 Winners ($)		$
	torm plc	153.0 M
	anglogold ashanti plc	113.1 M
GTX	garrett motion inc	107.0 M
	barrick mining corp	38.6 M
	talen energy corp	28.3 M

Top 5 Losers (%)		%
	indivior	-99.5 %
TPIC	tpi composites inc	-96.4 %
HDB	hdfc bank ltd	-49.3 %
VIST	vista energy sab de cv	-26.6 %
MX	magnachip semiconductor corp	-21.4 %

Top 5 Losers ($)		$
	indivior	-1975.4 M
CHK	expand energy corp	-54.2 M
VIST	vista energy sab de cv	-26.2 M
FCX	freeport-mcmoran inc	-7.2 M
	nokia oyj	-6.9 M

Howard Marks Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Howard Marks

OAKTREE CAPITAL MANAGEMENT LP has 56 stocks in it's portfolio. About 45.5% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. was the most profitable stock for OAKTREE CAPITAL MANAGEMENT LP last quarter.

Last Reported on: 13 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAL	american airlines group inc	0.00	0.00	0.00	sold off	-100

ABNB	airbnb inc	0.59	39,353,000	38,565,900	added	8.41

ACR	acres commercial realty corp	0.13	391,380	8,281,600	new

AFRM	affirm holdings inc	0.06	4,291,000	4,098,970	unchanged	0.00

AG	first majestic silver corp	0.30	18,133,000	19,679,700	reduced	-12.00

ALNY	alnylam pharmaceuticals inc	0.00	0.00	0.00	sold off	-100

ALRM	alarm.com holdings inc	0.38	24,757,000	24,484,700	reduced	-0.76

AMPH	amphastar pharmaceuticals inc	0.25	17,825,000	16,245,700	new

ARRY	array technologies inc	0.33	24,689,000	21,467,500	added	282

ATUS	altice usa inc	0.28	7,500,000	18,075,000	unchanged	0.00

AVAV	aerovironment inc	0.34	17,763,000	22,052,800	new

BABA	alibaba group holding ltd	0.00	0.00	0.00	sold off	-100

BAK	braskem sa	0.00	0.00	0.00	sold off	-100

BAND	bandwidth inc	0.11	8,630,000	7,370,020	added	100

BATL	battalion oil corp	0.06	3,013,820	3,646,720	added	0.13

BBIO	bridgebio pharma inc	0.16	10,757,000	10,630,600	reduced	-40.42

BBIO	bridgebio pharma inc	0.04	1,850,000	2,600,640	reduced	-11.9

BEKE	ke holdings inc	0.00	0.00	0.00	sold off	-100

BHC	bausch health cos inc	0.13	1,270,000	8,191,500	unchanged	0.00

BILL	bill holdings inc	0.05	3,357,000	3,132,920	added	23.33