Oaktree Capital
SuperinvestorOaktree Capital Management LP
- SEC CIK
- 0000949509
- Manager
- Howard Marks
- Style
- Value
- Latest filing
- Aug 13, 2026
Holdings in Q1 2025
Holdings as of Mar 31, 2025, filed May 15, 2025. Long positions only; changes compare share counts with Q4 2024.
- Positions
- 166
- +6 vs. Q4 2024
- Portfolio value
- $4.92B
- −$340.4M (−6.5%) vs. Q4 2024
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| TRMDTORM plc | SHS CL A | 40,581,120 | $662.8M | 13.5% | 00.0% | Unchanged | History |
| EXEExpand Energy Corp | COM | 5,562,364 | $619.2M | 12.6% | −1,375,000−19.8% | Reduced | History |
| GTXGarrett Motion Inc. | Stock | 44,082,816 | $369.0M | 7.5% | 00.0% | Unchanged | History |
| STRSitio Royalties Corp. | CLASS A COM | 12,935,120 | $257.0M | 5.2% | 00.0% | Unchanged | History |
| AUAngloGold Ashanti PLC | COM SHS | 5,464,851 | $202.9M | 4.1% | −92,700−1.7% | Reduced | History |
| RWAYRunway Growth Finance Corp. | COM | 10,779,667 | $111.6M | 2.3% | 00.0% | Unchanged | History |
| CXCemex SAB de CV | SPON ADR NEW | 19,383,729 | $108.7M | 2.2% | +4,794,697+32.9% | Added | History |
| INDVIndivior Pharmaceuticals, Inc. | ORD | 11,009,125 | $103.5M | 2.1% | +2,275,577+26.1% | Added | History |
| VISTVista Energy, S.A.B. de C.V. | SPONSORED ADS | 2,184,561 | $101.7M | 2.1% | −109,000−4.8% | Reduced | History |
| STKLSunOpta Inc. | COM | 20,726,126 | $100.8M | 2.0% | 00.0% | Unchanged | History |
| NOKNokia Corp | SPONSORED ADR | 18,752,227 | $98.8M | 2.0% | +18,752,227 | New | History |
| SBLKStar Bulk Carriers Corp. | SHS PAR | 5,373,631 | $83.6M | 1.7% | 00.0% | Unchanged | History |
| FCXFreeport-McMoran Inc | Stock | 2,191,108 | $83.0M | 1.7% | +428,105+24.3% | Added | History |
| LBTYALiberty Global Ltd. | COM CL A | 7,204,190 | $82.9M | 1.7% | 00.0% | Unchanged | History |
| CBLCBL & Associates Properties Inc | COMMON STOCK | 3,005,126 | $79.9M | 1.6% | 00.0% | Unchanged | History |
| TLNTalen Energy Corp | COM | 319,829 | $63.9M | 1.3% | −76,795−19.4% | Reduced | History |
| KRCKilroy Realty Corp | COM | 1,850,011 | $60.6M | 1.2% | 00.0% | Unchanged | History |
| CRCCalifornia Resources Corp | COM STOCK | 1,376,753 | $60.5M | 1.2% | −670,000−32.7% | Reduced | History |
| VALEVale S.A. | SPONSORED ADS | 6,014,782 | $60.0M | 1.2% | −1,177,223−16.4% | Reduced | History |
| TACTransalta Corp | COM | 5,585,253 | $52.1M | 1.1% | +5,585,253 | New | History |
| Barrick Gold Corp067901108 | COM | 2,516,658 | $48.9M | 1.0% | +1,501,595+147.9% | Added | – |
| Coherus Biosciences Inc19249HAB9 | NOTE 1.500% 4/1 | – | $48.3M | 1.0% | – | – | – |
| GRABGrab Holdings Ltd | CLASS A ORD | 10,275,995 | $46.6M | 0.9% | +10,275,995 | New | History |
| HTHTH World Group Ltd | SPONSORED ADS | 1,229,399 | $45.5M | 0.9% | +84,130+7.3% | Added | History |
| JetBlue Airways Corp477143AP6 | NOTE 0.500% 4/0 | – | $40.9M | 0.8% | – | – | – |
| Cable One, Inc.12685JAE5 | NOTE 3/1 | – | $40.5M | 0.8% | – | – | – |
| Pebblebrook Hotel Tr70509VAA8 | NOTE 1.750%12/1 | – | $40.4M | 0.8% | – | – | – |
| JDJD.com, Inc. | SPON ADS CL A | 960,796 | $39.5M | 0.8% | −449,156−31.9% | Reduced | History |
| ITUBItau Unibanco Holding S.A. | SPON ADR REP PFD | 6,941,012 | $38.2M | 0.8% | +6,941,012 | New | History |
| PBRPetrobras - Petroleo Brasileiro SA | SPONSORED ADR | 2,659,492 | $38.1M | 0.8% | −693,232−20.7% | Reduced | History |
| BILIBilibili Inc. | SPONS ADS REP Z | 1,925,797 | $36.8M | 0.7% | +1,925,797 | New | History |
| ECEcopetrol S.A. | SPONSORED ADS | 3,162,122 | $33.0M | 0.7% | +3,162,122 | New | History |
| Realogy Grp LLC/Realogy Co75606DAP6 | NOTE 0.250% 6/1 | – | $31.2M | 0.6% | – | – | – |
| OCSLOaktree Specialty Lending Corp | COM | 1,852,456 | $28.5M | 0.6% | 00.0% | Unchanged | History |
| TEOTelecom Argentina SA | SPON ADR REP B | 2,709,263 | $27.6M | 0.6% | −90,000−3.2% | Reduced | History |
| Neogenomics Inc64049MAB6 | NOTE 0.250% 1/1 | – | $27.3M | 0.6% | – | – | – |
| TXTernium S.A. | SPONSORED ADS | 812,609 | $25.3M | 0.5% | −15,700−1.9% | Reduced | History |
| BEKEKE Holdings Inc. | SPONSORED ADS | 1,254,784 | $25.2M | 0.5% | +1,254,784 | New | History |
| Airbnb, Inc.009066AB7 | NOTE 3/1 | – | $24.0M | 0.5% | – | – | – |
| BZKanzhun Ltd | SPONSORED ADS | 1,170,961 | $22.4M | 0.5% | −591,670−33.6% | Reduced | History |
| Etsy Inc29786AAN6 | NOTE 0.250% 6/1 | – | $21.3M | 0.4% | – | – | – |
| Sea Ltd81141RAG5 | NOTE 0.250% 9/1 | – | $20.9M | 0.4% | – | – | – |
| OPTUOptimum Communications, Inc. | CL A | 7,500,000 | $19.9M | 0.4% | 00.0% | Unchanged | History |
| BMAMacro Bank Inc. | SPON ADR B | 260,462 | $19.7M | 0.4% | −118,163−31.2% | Reduced | History |
| Guardant Health, Inc.40131MAB5 | NOTE 11/1 | – | $19.6M | 0.4% | – | – | – |
| BIDUBaidu, Inc. | ADR | 199,684 | $18.4M | 0.4% | +199,684 | New | History |
| ALVOAlvotech | ORDINARY SHARES | 1,868,483 | $18.1M | 0.4% | −57,222−3.0% | Reduced | History |
| EchoStar CORP278768AB2 | NOTE 3.875%11/3 | – | $17.9M | 0.4% | – | New | – |
| Snap Inc83304AAH9 | NOTE 0.125% 3/0 | – | $17.5M | 0.4% | – | – | – |
| UNITUniti Group Inc. | COM | 3,397,592 | $17.1M | 0.3% | 00.0% | Unchanged | History |
| CONMED Corp207410AH4 | NOTE 2.250% 6/1 | – | $16.4M | 0.3% | – | – | – |
| KCKingsoft Cloud Holdings Ltd | ADS | 1,091,853 | $15.7M | 0.3% | +1,091,853 | New | History |
| Envista Holdings Corp29415FAD6 | NOTE 1.750% 8/1 | – | $15.5M | 0.3% | – | – | – |
| First Majestic Silver Corp32076VAD5 | NOTE 0.375% 1/1 | – | $14.7M | 0.3% | – | – | – |
| LivaNova PLC53802LAB8 | NOTE 2.500% 3/1 | – | $14.3M | 0.3% | – | New | – |
| Marriott Vacations Worldwide Corp57164YAF4 | NOTE 3.250%12/1 | – | $14.2M | 0.3% | – | – | – |
| Teladoc Health, Inc.87918AAF2 | NOTE 1.250% 6/0 | – | $14.1M | 0.3% | – | – | – |
| ONITOnity Group Inc. | COM NEW | 410,429 | $13.3M | 0.3% | 00.0% | Unchanged | History |
| TGSGas Transporter of the South Inc | SPONSORED ADS B | 484,606 | $12.8M | 0.3% | −309,577−39.0% | Reduced | History |
| BridgeBio Pharma, Inc.10806XAD4 | NOTE 2.250% 2/0 | – | $12.7M | 0.3% | – | – | – |
| PPL Cap FDG Inc69352PAS2 | NOTE 2.875% 3/1 | – | $12.4M | 0.3% | – | – | – |
| NCL Corp Ltd62886HBD2 | NOTE 1.125% 2/1 | – | $12.2M | 0.2% | – | – | – |
| Ascendis Pharma A/S04351PAD3 | NOTE 2.250% 4/0 | – | $12.2M | 0.2% | – | – | – |
| SHIFT4 PMTS Inc82452JAD1 | NOTE 0.500% 8/0 | – | $12.2M | 0.2% | – | – | – |
| Huazhu Group Ltd44332NAB2 | NOTE 3.000% 5/0 | – | $12.1M | 0.2% | – | – | – |
| BRYBerry Corp (bry) | COM | 3,697,000 | $11.9M | 0.2% | 00.0% | Unchanged | History |
| CMS Energy Corp125896BX7 | NOTE 3.375% 5/0 | – | $11.6M | 0.2% | – | – | – |
| Enphase Energy, Inc.29355AAH0 | NOTE 3/0 | – | $10.9M | 0.2% | – | – | – |
| Shake Shack Inc.819047AB7 | NOTE 3/0 | – | $10.7M | 0.2% | – | – | – |
| Sunnova Energy Intl Inc.86745KAF1 | NOTE 0.250%12/0 | – | $10.6M | 0.2% | – | – | – |
| Nextera Energy Cap Hldgs Inc65339KCY4 | NOTE 3.000% 3/0 | – | $10.2M | 0.2% | – | New | – |
| Enphase Energy, Inc.29355AAK3 | NOTE 3/0 | – | $10.1M | 0.2% | – | New | – |
| MXMagnachip Semiconductor Corp | COM | 2,849,858 | $9.78M | 0.2% | 00.0% | Unchanged | History |
| Chesapeake Energy Corp165167180 | *W EXP 03/01/202 | 95,294 | $9.59M | 0.2% | 00.0% | Unchanged | – |
| Sarepta Therapeutics, Inc.803607AD2 | NOTE 1.250% 9/1 | – | $9.42M | 0.2% | – | – | – |
| Dexcom Inc252131AM9 | NOTE 0.375% 5/1 | – | $9.40M | 0.2% | – | New | – |
| Upstart Hldgs Inc91680MAB3 | NOTE 0.250% 8/1 | – | $9.14M | 0.2% | – | – | – |
| SMRTSmartRent, Inc. | COM CL A | 7,505,294 | $9.08M | 0.2% | 00.0% | Unchanged | History |
| BAKBraskem SA | SP ADR PFD A | 2,344,292 | $9.03M | 0.2% | −147,500−5.9% | Reduced | History |
| Guardant Health, Inc.40131MAD1 | DEBT 1.250% 2/1 | – | $8.38M | 0.2% | – | New | – |
| BHCBausch Health Companies Inc. | Stock | 1,270,000 | $8.22M | 0.2% | 00.0% | Unchanged | History |
| Alarm Com Hldgs Inc011642AB1 | NOTE 1/1 | – | $7.48M | 0.2% | – | – | – |
| Pacira BioSciences, Inc.695127AF7 | NOTE 0.750% 8/0 | – | $7.45M | 0.2% | – | – | – |
| VCSAVacasa, Inc. | COMMON STOCK | 1,375,448 | $7.40M | 0.2% | 00.0% | Unchanged | History |
| Cytokinetics Inc23282WAC4 | NOTE 3.500% 7/0 | – | $7.33M | 0.1% | – | – | – |
| Travere Therapeutics, Inc.89422GAA5 | NOTE 2.250% 3/0 | – | $7.23M | 0.1% | – | – | – |
| ALVOWAlvotech | *W EXP 06/15/202 | 4,666,667 | $7.05M | 0.1% | 00.0% | Unchanged | History |
| Blackstone Mortgage Trust IN09257WAE0 | NOTE 5.500% 3/1 | – | $6.84M | 0.1% | – | – | – |
| PG&E Corp69331CAL2 | NOTE 4.250%12/0 | – | $6.59M | 0.1% | – | – | – |
| Pennymac Corp70932AAF0 | NOTE 5.500% 3/1 | – | $6.55M | 0.1% | – | – | – |
| Ziff Davis, Inc.48123VAE2 | NOTE 1.750%11/0 | – | $6.49M | 0.1% | – | – | – |
| Two HBRS Invt Corp90187BAB7 | NOTE 6.250% 1/1 | – | $6.42M | 0.1% | – | – | – |
| DQDaqo New Energy Corp. | SPNSRD ADS NEW | 344,819 | $6.24M | 0.1% | −206,188−37.4% | Reduced | History |
| National Vision Hldgs Inc63845RAB3 | NOTE 2.500% 5/1 | – | $6.23M | 0.1% | – | – | – |
| Five9, Inc.338307AD3 | NOTE 0.500% 6/0 | – | $6.11M | 0.1% | – | – | – |
| Tandem Diabetes Care Inc875372AD6 | NOTE 1.500% 3/1 | – | $6.07M | 0.1% | – | New | – |
| Block, Inc.852234AK9 | NOTE 0.250%11/0 | – | $6.02M | 0.1% | – | – | – |
| HDBHDFC Bank Ltd | SPONSORED ADS | 89,697 | $5.96M | 0.1% | 00.0% | Unchanged | History |
| Fluor Corp343412AJ1 | NOTE 1.125% 8/1 | – | $5.86M | 0.1% | – | – | – |
| Integra Lifesciences Hldgs C457985AM1 | NOTE 0.500% 8/1 | – | $5.80M | 0.1% | – | – | – |
Options (2)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
Sold out since Q4 2024 (38)
Positions held at the end of Q4 2024 that are gone from this filing.
| Security | Class | Shares in Q4 2024 | Value in Q4 2024 | % of portfolio in Q4 2024 | History |
|---|---|---|---|---|---|
| INFNInfinera Corp | COM | 25,175,384 | $165.4M | 3.1% | History |
| SNNRFSunrise Communications AG | ADS CL A | 1,440,836 | $62.1M | 1.2% | History |
| TCOMTrip.com Group Ltd | ADS | 717,222 | $49.2M | 0.9% | History |
| YUMCYum China Holdings, Inc. | COM | 877,830 | $42.3M | 0.8% | History |
| INFYInfosys Ltd | SPONSORED ADR | 1,677,679 | $36.8M | 0.7% | History |
| NTESNetEase, Inc. | SPONSORED ADS | 399,694 | $35.7M | 0.7% | History |
| ENLCEnLink Midstream, LLC | COM UNIT REP LTD | 2,499,111 | $35.4M | 0.7% | History |
| PDDPDD Holdings Inc. | SPONSORED ADS | 277,767 | $26.9M | 0.5% | History |
| Alphatec Hldgs Inc02081GAB8 | NOTE 0.750% 8/0 | – | $14.2M | 0.3% | – |
| Southern Co842587DP9 | NOTE 3.875%12/1 | – | $13.3M | 0.3% | – |
| Akamai Technologies Inc00971TAL5 | NOTE 0.375% 9/0 | – | $12.0M | 0.2% | – |
| PAMPampa Energy Inc. | SPONS ADR LVL I | 131,086 | $11.5M | 0.2% | History |
| Advanced Energy Inds007973AE0 | NOTE 2.500% 9/1 | – | $7.79M | 0.1% | – |
| Digitalocean Hldgs Inc25402DAB8 | NOTE 12/0 | – | $7.68M | 0.1% | – |
| CPNGCoupang, Inc. | CL A | 241,544 | $5.31M | 0.1% | History |
| Nuvasive Inc670704AJ4 | NOTE 0.375% 3/1 | – | $4.87M | 0.1% | – |
| RWT Hldgs Inc749772AD1 | CONVERTIBLE BOND | – | $4.69M | 0.1% | – |
| Eventbrite, Inc.29975EAD1 | NOTE 0.750% 9/1 | – | $4.59M | 0.1% | – |
| New MTN Fin Corp647551AE0 | NOTE 7.500%10/1 | – | $4.00M | 0.1% | – |
| Pegasystems Inc705573AB9 | NOTE 0.750% 3/0 | – | $3.77M | 0.1% | – |
| INSMED Inc457669AB5 | NOTE 0.750% 6/0 | – | $3.56M | 0.1% | – |
| MESOMesoblast Ltd | ADR | 179,593 | $3.56M | 0.1% | History |
| Chegg, Inc163092AD1 | NOTE 0.125% 3/1 | – | $3.32M | 0.1% | – |
| Marathon Digital Holdings IN565788AB2 | NOTE 1.000%12/0 | – | $3.10M | 0.1% | – |
| Green Plains Inc.393222AK0 | NOTE 2.250% 3/1 | – | $2.79M | 0.1% | – |
| Bentley Sys Inc08265TAB5 | NOTE 0.125% 1/1 | – | $2.44M | <0.1% | – |
| TheRealReal, Inc.88339PAD3 | NOTE 1.000% 3/0 | – | $2.43M | <0.1% | – |
| NIO Inc.62914VAF3 | NOTE 0.500% 2/0 | – | $2.29M | <0.1% | – |
| Cardlytics, Inc.14161WAB1 | NOTE 1.000% 9/1 | – | $2.18M | <0.1% | – |
| 8X8 Inc282914AE0 | NOTE 4.000% 2/0 | – | $1.82M | <0.1% | – |
| TransMedics Group, Inc.89377MAB5 | NOTE 1.500% 6/0 | – | $1.45M | <0.1% | – |
| Marriott Vacations Worldwide Corp57164YAD9 | NOTE 1/1 | – | $1.40M | <0.1% | – |
| Cracker Barrel Old Ctry Stor22410JAB2 | NOTE 0.625% 6/1 | – | $1.30M | <0.1% | – |
| LendingTree, Inc.52603BAD9 | NOTE 0.500% 7/1 | – | $1.09M | <0.1% | – |
| NIO Inc.62914VAJ5 | NOTE 3.875%10/1 | – | $687.8K | <0.1% | – |
| Rivian Automotive, Inc.76954AAB9 | NOTE 4.625% 3/1 | – | $522.4K | <0.1% | – |
| Arbor Realty Trust Inc038923BA5 | NOTE 7.500% 8/0 | – | $444.0K | <0.1% | – |
| ECDAECD Automotive Design, Inc. | COM | 75,000 | $72.0K | <0.1% | History |