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Oaktree Capital

Superinvestor

Oaktree Capital Management LP

SEC CIK
0000949509
Manager
Howard Marks
Style
Value
Latest filing
Aug 13, 2026

Holdings in Q3 2021

Holdings as of Sep 30, 2021, filed Dec 14, 2021. Long positions only; changes compare share counts with Q2 2021.

Institution overview
Positions
237
+47 vs. Q2 2021
Portfolio value
$6.83B
−$579.4M (−7.8%) vs. Q2 2021
Filed
Dec 14, 2021
AmendedSECSECSECSEC
Holdings of Oaktree Capital in Q3 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
EXEExpand Energy CorpCOM11,939,117$735.3M10.8%00.0%UnchangedHistory
SBLKStar Bulk Carriers Corp.SHS PAR25,993,242$624.9M9.1%00.0%UnchangedHistory
VSTVistra Corp.Stock29,941,385$512.0M7.5%+4,7830.0%AddedHistory
TRMDTORM plcSHS CL A53,812,988$413.8M6.1%00.0%UnchangedHistory
ALLYAlly Financial Inc.Stock6,874,687$351.0M5.1%00.0%UnchangedHistory
PCGPG&E CorpStock30,000,000$288.0M4.2%00.0%UnchangedHistory
INFNInfinera CorpCOM25,175,384$209.5M3.1%00.0%UnchangedHistory
EGLEEagle Bulk Shipping Inc.COM3,781,561$190.7M2.8%00.0%UnchangedHistory
STKLSunOpta Inc.COM20,726,126$185.1M2.7%00.0%UnchangedHistory
CXCemex SAB de CVSPON ADR NEW24,468,125$175.4M2.6%+594,367+2.5%AddedHistory
WFRDWeatherford International plcORD SHS–$123.2M1.8%–NewHistory
NMIHNMI Holdings, Inc.COM5,320,000$120.3M1.8%+455,000+9.4%AddedHistory
ITUBItau Unibanco Holding S.A.SPON ADR REP PFD21,299,528$112.2M1.6%+495,736+2.4%AddedHistory
FYBRFrontier Communications Parent, Inc.COM3,982,849$111.0M1.6%00.0%UnchangedHistory
KRCKilroy Realty CorpCOM1,535,011$101.6M1.5%+625,000+68.7%AddedHistory
IBNIcici Bank LtdADR5,266,217$99.4M1.5%+195,908+3.9%AddedHistory
BRYBerry Corp (bry)COM12,913,313$93.1M1.4%00.0%UnchangedHistory
PBRPetrobras - Petroleo Brasileiro SASPONSORED ADR8,800,432$91.0M1.3%+326,265+3.9%AddedHistory
VALEVale S.A.SPONSORED ADS5,982,790$83.5M1.2%−262,786−4.2%ReducedHistory
SMCISuper Micro Computer, Inc.COM2,135,000$78.1M1.1%−128,610−5.7%ReducedHistory
BBDBank BradescoSP ADR PFD NEW20,328,340$77.9M1.1%+3,264,276+19.1%AddedHistory
AUAngloGold Ashanti PLCSPONSORED ADR4,129,408$66.0M1.0%+822,601+24.9%AddedHistory
XOGExtraction Oil & Gas, Inc.COM1,113,995$62.9M0.9%00.0%UnchangedHistory
COOPMaverick Merger Sub 2, LLCCOM1,507,286$62.1M0.9%00.0%UnchangedHistory
Eagle Bulk Shipping Inc.269442AB5CONVERTIBLE BOND–$60.5M0.9%–––
FCXFreeport-McMoran IncStock1,833,550$59.6M0.9%+1,833,550NewHistory
LBTYKLiberty Global Ltd.SHS CL C1,875,000$55.2M0.8%00.0%UnchangedHistory
DISH Network CORP25470MAB5NOTE 3.375% 8/1–$54.2M0.8%–––
FTAIFTAI Aviation Ltd.COM REP LTD LIAB2,033,110$51.6M0.8%+190,000+10.3%AddedHistory
Azul S A05501U106SPONSR ADR PFD2,099,524$42.1M0.6%+242,185+13.0%Added–
UNITUniti Group Inc.COM3,397,592$42.0M0.6%00.0%UnchangedHistory
VALValaris LtdCL A1,080,184$37.7M0.6%00.0%UnchangedHistory
MXMagnachip Semiconductor CorpCOM2,006,537$35.6M0.5%00.0%UnchangedHistory
MTGMgic Investment CorpCOM2,358,000$35.3M0.5%−662,000−21.9%ReducedHistory
PARRPar Pacific Holdings, Inc.COM NEW2,210,000$34.7M0.5%+910,000+70.0%AddedHistory
AFYAAfya LtdCL A COM1,651,812$32.6M0.5%+19,132+1.2%AddedHistory
OCSLOaktree Specialty Lending CorpCOM4,490,368$31.7M0.5%+4,214,368+1,526.9%AddedHistory
TVGrupo Televisa, S.A.B.SPON ADR REP ORD2,821,801$31.0M0.5%+170,000+6.4%AddedHistory
Intrexon Corp46122TAA0NOTE 3.500% 7/0–$30.4M0.4%–––
BATLBattalion Oil CorpCOM3,009,912$29.3M0.4%00.0%UnchangedHistory
Resource Cap Corp76120WAC8CONVERTIBLE BOND–$29.1M0.4%–––
HIMSHims & Hers Health, Inc.Stock3,773,437$28.5M0.4%00.0%UnchangedHistory
Fortive Corp34959JAK4NOTE 0.875% 2/1–$27.4M0.4%–––
GTXGarrett Motion Inc.Stock3,593,111$26.5M0.4%00.0%UnchangedHistory
CXPColumbia Property Trust, Inc.COM NEW1,320,000$25.1M0.4%00.0%UnchangedHistory
Supernus Pharmaceuticals, Inc.868459AD0NOTE 0.625% 4/0–$22.1M0.3%–––
Fireeye Inc31816QAD3NOTE 1.625% 6/0–$20.9M0.3%–––
Hope Bancorp Inc43940TAB5NOTE 2.000% 5/1–$20.3M0.3%–––
Ligand Pharmaceuticals Inc53220KAF5NOTE 0.750% 5/1–$20.2M0.3%–––
Alteryx, Inc.02156BAD5NOTE 0.500% 8/0–$19.6M0.3%–––
DISH Network CORP25470MAD1NOTE 2.375% 3/1–$19.2M0.3%–––
Pennymac Corp70932AAD5NOTE 5.500%11/0–$18.8M0.3%–––
Mfa Finl Inc55272XAA0NOTE 6.250% 6/1–$18.5M0.3%–––
Isis Pharmaceuticals Inc Del464337AJ3NOTE 1.000%11/1–$18.3M0.3%–––
Colony Cap Inc19624RAA4NOTE 5.000% 4/1–$18.0M0.3%–––
Western Digital Corp958102AP0NOTE 1.500% 2/0–$17.8M0.3%–––
ONITOnity Group Inc.COM NEW596,870$16.8M0.2%00.0%UnchangedHistory
Goldman Sachs BDC, Inc.38147UAB3NOTE 4.500% 4/0–$16.6M0.2%–––
VISTVista Energy, S.A.B. de C.V.SPONSORED ADS3,245,002$16.3M0.2%+112,002+3.6%AddedHistory
RWT Hldgs Inc749772AD1CONVERTIBLE BOND–$16.2M0.2%–––
Ionis Pharmaceuticals Inc462222AB6NOTE 0.125%12/1–$16.0M0.2%–––
New MTN Fin Corp647551AC4NOTE 5.750% 8/1–$15.8M0.2%–––
Ares Capital Corp04010LAW3NOTE 4.625% 3/0–$15.7M0.2%–––
Blackstone Mtg Tr Inc09257WAB6NOTE 4.375% 5/0–$15.4M0.2%–––
LBRDKLiberty Broadband CorpCOM SER C86,999$15.0M0.2%00.0%UnchangedHistory
KKR Real Estate Fin Tr Inc48251KAB6NOTE 6.125% 5/1–$14.6M0.2%–––
PAMPampa Energy Inc.SPONS ADR LVL I829,000$14.5M0.2%00.0%UnchangedHistory
Macquarie Infrastructure Cor55608BAB1NOTE 2.000%10/0–$13.8M0.2%–––
New Relic, Inc.64829BAB6NOTE 0.500% 5/0–$13.6M0.2%–––
Tilray Inc88688TAB6NOTE 5.000%10/0–$13.6M0.2%–––
LendingTree, Inc.52603BAD9NOTE 0.500% 7/1–$13.5M0.2%–New–
Ship Fin Intl Ltd824689AG8NOTE 4.875% 5/0–$12.3M0.2%–––
New York Mtg Tr Inc649604AD7NOTE 6.250% 1/1–$11.7M0.2%–––
NICE Ltd.653656AB4NOTE 9/1–$11.5M0.2%–New–
BlackRock TCP Capital Corp.87238QAD5NOTE 4.625% 3/0–$11.5M0.2%–––
Theravance Inc88338TAB0NOTE 2.125% 1/1–$11.4M0.2%–––
BAKBraskem SASP ADR PFD A519,550$11.3M0.2%00.0%UnchangedHistory
TEOTelecom Argentina SASPON ADR REP B2,260,500$11.2M0.2%00.0%UnchangedHistory
Retrophin Inc761299AB2NOTE 2.500% 9/1–$11.0M0.2%–––
Apollo Coml Real Est Fin Inc03762UAC9NOTE 5.375%10/1–$11.0M0.2%–––
Arbor Realty Trust Inc038923AP3NOTE 4.750%11/0–$10.3M0.2%–––
Akamai Technologies Inc00971TAL5NOTE 0.375% 9/0–$9.87M0.1%–––
Helix Energy Solutions Grp I42330PAH0NOTE 4.250% 5/0–$9.74M0.1%–––
TGSGas Transporter of the South IncSPONSORED ADS B1,963,575$9.68M0.1%00.0%UnchangedHistory
Dexcom Inc252131AK3NOTE 0.250%11/1–$9.59M0.1%–––
KAMAN Corp483548AF0NOTE 3.250% 5/0–$9.34M0.1%–New–
Splunk Inc848637AD6NOTE 1.125% 9/1–$9.25M0.1%–––
Ezcorp Inc302301AE6CONVERTIBLE BOND–$8.81M0.1%–––
WEIBO Corp948596AC5NOTE 1.250%11/1–$8.70M0.1%–––
Sea Ltd81141RAG5NOTE 0.250% 9/1–$8.64M0.1%–New–
Veeco Instrs Inc Del922417AD2CONVERTIBLE BOND–$8.43M0.1%–––
Apollo Coml Real Est Fin Inc03762UAB1NOTE 4.750% 8/2–$8.38M0.1%–––
Pretium Res Inc74139CAB8CONVERTIBLE BOND–$8.13M0.1%–––
Starwood Ppty Tr Inc85571BAH8NOTE 4.375% 4/0–$7.82M0.1%–––
Redwood Tr Inc758075AC9NOTE 4.750% 8/1–$7.78M0.1%–––
Wix.com Ltd.92940WAD1NOTE 8/1–$7.52M0.1%–New–
Quotient Technology Inc.749119AB9CONVERTIBLE BOND–$7.28M0.1%–––
Integra Lifesciences Hldgs C457985AM1NOTE 0.500% 8/1–$7.21M0.1%–––
Coupa Software Inc22266LAF3NOTE 0.375% 6/1–$6.67M0.1%–New–
ASCArdmore Shipping CorpCOM1,600,000$6.64M0.1%00.0%UnchangedHistory

Options (25)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Oaktree Capital in Q3 2021
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$136.0M–
Chesapeake Energy Corp165167180*W EXP 03/01/202–$76.7M
COOPMaverick Merger Sub 2, LLCCOM–$41.2M
Shelter Acquisition Corp I822821112*W EXP 02/25/202–$28.3M
CFLTConfluent, Inc.CLASS A COM$21.5M–
Williams Rowland Acquisition Corp.96951B110*W EXP 12/11/202–$8.48M
Chesapeake Energy Corp165167164*W EXP 99/99/999–$2.77M
CHW Acquisition CorporationG2254A125*W EXP 09/01/202–$1.95M
Software Acquisitn Grp Inc I83407J111*W EXP 02/02/202–$1.72M
Macondray Cap Acquisitn CorpG5853A115*W EXP 05/31/202–$1.24M
Gladstone Acquisition Corp37653T116*W EXP 04/01/202–$1.23M
Springwater SPL Situations C85205U115WARRANT–$1.22M
Agrico Acquisition CorpG41089114*W EXP 03/31/202–$1.00M
Roth CH Acquisition IV Co77867P112*W EXP 07/01/202–$983.0K
Mercury Ecom Acquisition Cor589381110*W EXP 07/27/202–$981.0K
Amci Acquisition Corp II00166R118*W EXP 08/06/202–$968.0K
Belong Acquisition Corp.08069M110*W EXP 03/23/202–$968.0K
Avista Pub Acquisition CorpG07247128*W EXP 04/06/202–$813.0K
Jatt Acquisition CorpG50752123*W EXP 07/19/202–$737.0K
Xpac Acquisition CorpG9831X122*W EXP 99/99/999–$647.0K
Metals Acquisition CorpG60405126*W EXP 99/99/999–$579.0K
Alpha Healthcare Acqu Corp I02073F112*W EXP 04/01/202–$473.0K
Coliseum Acquisition Corp.G2263T107*W EXP 08/22/202–$300.0K
Corsair Partnering CorpG2540H116*W EXP 07/06/202–$246.0K
TDGMWTidewater IncWARRANT–$178.0K

Sold out since Q2 2021 (53)

Positions held at the end of Q2 2021 that are gone from this filing.

Positions of Oaktree Capital sold out since Q2 2021
SecurityClassShares in Q2 2021Value in Q2 2021% of portfolio in Q2 2021History
COLDAmericold Realty TrustCOM11,771,646$445.6M6.0%History
SHLSShoals Technologies Group, Inc.CL A4,977,751$176.7M2.4%History
XECCimarex Energy CoCOM312,000$22.6M0.3%History
Nutanix, Inc.67059NAB4NOTE 1/1–$16.5M0.2%–
Intercept Pharmaceuticals IN45845PAA6NOTE 3.250% 7/0–$14.8M0.2%–
Dycom Inds Inc267475AB7NOTE 0.750% 9/1–$14.5M0.2%–
Chesapeake Energy Corp165167180*W EXP 03/01/202690,931$14.4M0.2%–
Palo Alto Networks Inc697435AF2NOTE 0.375% 6/0–$13.0M0.2%–
Jazz Investments I Ltd472145AB7NOTE 1.875% 8/1–$11.6M0.2%–
Twitter, Inc.90184LAD4NOTE 1.000% 9/1–$11.2M0.2%–
Pinduoduo Inc722304AC6NOTE 12/0–$9.39M0.1%–
Momo Inc60879BAB3NOTE 1.250% 7/0–$9.31M0.1%–
Qiagen NVN72482AT4CONVERTIBLE BOND–$8.52M0.1%–
PDC Energy, Inc.69327RAD3NOTE 1.125% 9/1–$8.28M0.1%–
Greenbrier Cos Inc393657AK7NOTE 2.875% 2/0–$8.02M0.1%–
Radius Health, Inc.750469AA6NOTE 3.000% 9/0–$6.96M0.1%–
Proofpoint Inc743424AF0NOTE 0.250% 8/1–$6.92M0.1%–
Euronet Worldwide, Inc.298736AL3NOTE 0.750% 3/1–$6.70M0.1%–
Luminex Corp55027EAA0NOTE 3.000% 5/1–$6.64M0.1%–
RingCentral, Inc.76680RAF4NOTE 3/0–$6.10M0.1%–
Theravance Biopharma, Inc.88339KAA0NOTE 3.250%11/0–$5.95M0.1%–
Invitae Corp46185LAB9NOTE 2.000% 9/0–$5.42M0.1%–
REREATRenew Inc.SPONSORED ADS357,722$5.35M0.1%History
Vishay Intertechnology Inc928298AP3NOTE 2.250% 6/1–$5.01M0.1%–
Newpark Res Inc651718AE8CONVERTIBLE BOND–$4.80M0.1%–
Aerie Pharmaceuticals Inc00771VAB4NOTE 1.500%10/0–$4.48M0.1%–
Twitter, Inc.90184LAF9NOTE 0.250% 6/1–$4.12M0.1%–
Burlington Stores, Inc.122017AB2NOTE 2.250% 4/1–$3.98M0.1%–
Sarepta Therapeutics, Inc.803607AB6DBCV 1.500%11/1–$3.96M0.1%–
Clovis Oncology, Inc.189464AC4CONVERTIBLE BOND–$3.84M0.1%–
Chesapeake Energy Corp165167172*W EXP 99/99/999150,000$3.67M<0.1%–
Nanostring Technologies Inc63009RAD1NOTE 2.625% 5/0–$3.16M<0.1%–
Flexion Therapeutics Inc33938JAB2NOTE 3.375% 5/0–$3.06M<0.1%–
Heritage Ins Hldgs Inc42727JAB8CONVERTIBLE BOND–$2.99M<0.1%–
Green Plains Inc.393222AK0NOTE 2.250% 3/1–$2.90M<0.1%–
iQIYI, Inc.46267XAD0NOTE 2.000% 4/0–$2.72M<0.1%–
Neurocrine Biosciences Inc64125CAD1NOTE 2.250% 5/1–$2.69M<0.1%–
Ironwood Pharmaceuticals Inc46333XAF5NOTE 0.750% 6/1–$2.37M<0.1%–
Chesapeake Energy Corp165167164*W EXP 99/99/99975,810$2.04M<0.1%–
Avaya Hldgs Corp05351XAB7NOTE 2.250% 6/1–$2.01M<0.1%–
Elliott Opportunity II Corp.G30092129UNIT 99/99/9999200,000$2.00M<0.1%–
Colombier Acquisition Corp19533H207UNIT 99/99/9999200,000$1.98M<0.1%–
MITAUColiseum Acquisition Corp.UNIT 04/02/2028200,000$1.98M<0.1%History
AMPYAmplify Energy Corp.COM410,041$1.66M<0.1%History
Shelter Acquisition Corp I822821203UNIT 02/25/2026150,000$1.50M<0.1%–
Thunder Bridge Capital Partners IV, Inc.88605L206UNIT 06/30/2026150,000$1.49M<0.1%–
Patrick Inds Inc703343AB9DBCV 1.000% 2/0–$1.36M<0.1%–
Fintech Acquisition Corp VI31811H205UNIT 06/24/2026100,000$1.01M<0.1%–
Viavi Solutions Inc.925550AB1NOTE 1.000% 3/0–$938.0K<0.1%–
Scorpio Tankers Inc.80918TAB5NOTE 3.000% 5/1–$547.0K<0.1%–
US Well Services Inc91274U119WARRANT1,500,000$272.0K<0.1%–
Atlas Air Worldwide Hldgs IN049164BJ4NOTE 1.875% 6/0–$225.0K<0.1%–
Priceline Grp Inc741503AX4NOTE 0.900% 9/1–$143.0K<0.1%–