Oaktree Capital
SuperinvestorOaktree Capital Management LP
- SEC CIK
- 0000949509
- Manager
- Howard Marks
- Style
- Value
- Latest filing
- Aug 13, 2026
Holdings in Q3 2025
Holdings as of Sep 30, 2025, filed Nov 13, 2025. Long positions only; changes compare share counts with Q2 2025.
- Positions
- 159
- −15 vs. Q2 2025
- Portfolio value
- $6.00B
- +$951.5M (+18.9%) vs. Q2 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| TRMDTORM plc | SHS CL A | 40,581,120 | $834.6M | 13.9% | 00.0% | Unchanged | History |
| EXEExpand Energy Corp | COM | 5,062,363 | $537.8M | 9.0% | −10.0% | Reduced | History |
| GTXGarrett Motion Inc. | Stock | 31,894,816 | $434.4M | 7.2% | −5,000,000−13.6% | Reduced | History |
| AUAngloGold Ashanti PLC | COM SHS | 4,185,261 | $294.3M | 4.9% | −762,476−15.4% | Reduced | History |
| VNOMViper Energy, Inc. | CL A | 6,285,062 | $240.2M | 4.0% | +6,285,062 | New | History |
| TDSTelephone & Data Systems Inc | COM NEW | 3,688,386 | $144.7M | 2.4% | +3,688,386 | New | History |
| TLNTalen Energy Corp | COM | 291,117 | $123.8M | 2.1% | +161,288+124.2% | Added | History |
| STKLSunOpta Inc. | COM | 20,726,126 | $121.4M | 2.0% | 00.0% | Unchanged | History |
| CORZCore Scientific, Inc. | COM | 6,400,708 | $114.8M | 1.9% | +6,400,708 | New | History |
| BBarrick Mining Corp | Stock | 3,302,086 | $108.2M | 1.8% | +144,400+4.6% | Added | History |
| LBTYALiberty Global Ltd. | COM CL A | 8,551,191 | $98.0M | 1.6% | +339,000+4.1% | Added | History |
| FTAIFTAI Aviation Ltd. | SHS | 585,175 | $97.6M | 1.6% | +585,175 | New | History |
| CXCemex SAB de CV | SPON ADR NEW | 10,448,824 | $93.9M | 1.6% | −4,390,208−29.6% | Reduced | History |
| ITUBItau Unibanco Holding S.A. | SPON ADR REP PFD | 12,665,801 | $93.0M | 1.6% | +1,661,307+15.1% | Added | History |
| CBLCBL & Associates Properties Inc | COMMON STOCK | 3,005,126 | $91.9M | 1.5% | 00.0% | Unchanged | History |
| NOKNokia Corp | SPONSORED ADR | 18,752,229 | $90.2M | 1.5% | 00.0% | Unchanged | History |
| TACTransalta Corp | COM | 6,415,253 | $87.6M | 1.5% | +330,000+5.4% | Added | History |
| RWAYRunway Growth Finance Corp. | COM | 8,279,667 | $84.1M | 1.4% | −1,500,000−15.3% | Reduced | History |
| KRCKilroy Realty Corp | COM | 1,850,011 | $78.2M | 1.3% | 00.0% | Unchanged | History |
| GRABGrab Holdings Ltd | CLASS A ORD | 12,094,495 | $72.8M | 1.2% | +525,200+4.5% | Added | History |
| NUNu Holdings Ltd. | ORD SHS CL A | 4,518,884 | $72.3M | 1.2% | +4,518,884 | New | History |
| JetBlue Airways Corp477143AP6 | NOTE 0.500% 4/0 | – | $66.6M | 1.1% | – | – | – |
| VISTVista Energy, S.A.B. de C.V. | SPONSORED ADS | 1,841,319 | $63.3M | 1.1% | −220,242−10.7% | Reduced | History |
| FCXFreeport-McMoran Inc | Stock | 1,504,865 | $59.0M | 1.0% | −491,210−24.6% | Reduced | History |
| Cable One, Inc.12685JAE5 | NOTE 3/1 | – | $57.4M | 1.0% | – | – | – |
| LILAKLiberty Latin America Ltd. | COM CL C | 6,669,823 | $56.3M | 0.9% | +4,341,307+186.4% | Added | History |
| YMMFull Truck Alliance Co. Ltd. | SPONSORED ADS | 3,797,697 | $49.3M | 0.8% | +1,955,360+106.1% | Added | History |
| BLCOBausch & Lomb Corp | COMMON SHARES | 3,245,439 | $48.9M | 0.8% | +724,194+28.7% | Added | History |
| ECHOEchoStar CORP | CL A | 600,000 | $45.8M | 0.8% | +600,000 | New | History |
| CONMED Corp207410AH4 | NOTE 2.250% 6/1 | – | $38.6M | 0.6% | – | – | – |
| Airbnb, Inc.009066AB7 | NOTE 3/1 | – | $38.6M | 0.6% | – | – | – |
| BZKanzhun Ltd | SPONSORED ADS | 1,643,572 | $38.4M | 0.6% | +72,300+4.6% | Added | History |
| XPXP Inc. | CL A | 2,032,877 | $38.2M | 0.6% | +2,032,877 | New | History |
| Teladoc Health, Inc.87918AAF2 | NOTE 1.250% 6/0 | – | $38.2M | 0.6% | – | – | – |
| CRCCalifornia Resources Corp | COM STOCK | 694,502 | $36.9M | 0.6% | −682,251−49.6% | Reduced | History |
| SBLKStar Bulk Carriers Corp. | SHS PAR | 1,962,892 | $36.5M | 0.6% | −1,267,635−39.2% | Reduced | History |
| ADArray Digital Infrastructure, Inc. | COM | 724,444 | $36.2M | 0.6% | +724,444 | New | History |
| Sea Ltd81141RAG5 | NOTE 0.250% 9/1 | – | $35.6M | 0.6% | – | – | – |
| Etsy Inc29786AAN6 | NOTE 0.250% 6/1 | – | $34.8M | 0.6% | – | – | – |
| Marriott Vacations Worldwide Corp57164YAF4 | NOTE 3.250%12/1 | – | $34.2M | 0.6% | – | – | – |
| TXTernium S.A. | SPONSORED ADS | 897,509 | $31.2M | 0.5% | −22,200−2.4% | Reduced | History |
| Sarepta Therapeutics, Inc.803607AD2 | NOTE 1.250% 9/1 | – | $30.8M | 0.5% | – | – | – |
| NBRNabors Industries Ltd | SHS | 737,112 | $30.1M | 0.5% | +737,112 | New | History |
| Summit Hotel Pptys Inc866082AA8 | NOTE 1.500% 2/1 | – | $29.0M | 0.5% | – | – | – |
| Pebblebrook Hotel Tr70509VAA8 | NOTE 1.750%12/1 | – | $25.9M | 0.4% | – | – | – |
| JD.com, Inc.47215PAJ5 | NOTE 0.250% 6/0 | – | $25.7M | 0.4% | – | – | – |
| SESea Ltd | SPONSORD ADS | 141,368 | $25.3M | 0.4% | +57,855+69.3% | Added | History |
| ECVTEcovyst Inc. | COM | 2,859,022 | $25.0M | 0.4% | +2,859,022 | New | History |
| Enphase Energy, Inc.29355AAK3 | NOTE 3/0 | – | $24.9M | 0.4% | – | – | – |
| Alarm Com Hldgs Inc011642AB1 | NOTE 1/1 | – | $24.5M | 0.4% | – | – | – |
| OCSLOaktree Specialty Lending Corp | COM | 1,852,456 | $24.2M | 0.4% | 00.0% | Unchanged | History |
| Envista Holdings Corp29415FAD6 | NOTE 1.750% 8/1 | – | $24.1M | 0.4% | – | – | – |
| Cracker Barrel Old Ctry Stor22410JAB2 | NOTE 0.625% 6/1 | – | $23.8M | 0.4% | – | – | – |
| JBSJBS N.V. | ADR | 1,580,400 | $23.6M | 0.4% | +1,341,790+562.3% | Added | History |
| VALEVale S.A. | SPONSORED ADS | 2,033,706 | $22.1M | 0.4% | 00.0% | Unchanged | History |
| AeroVironment Inc008073AA6 | NOTE 7/1 | – | $22.1M | 0.4% | – | New | – |
| Array Technologies, Inc.04271TAB6 | NOTE 1.000%12/0 | – | $21.5M | 0.4% | – | – | – |
| Jazz Investments I Ltd472145AH4 | NOTE 3.125% 9/1 | – | $19.9M | 0.3% | – | New | – |
| First Majestic Silver Corp32076VAD5 | NOTE 0.375% 1/1 | – | $19.7M | 0.3% | – | – | – |
| TEOTelecom Argentina SA | SPON ADR REP B | 2,629,483 | $19.1M | 0.3% | −14,780−0.6% | Reduced | History |
| CMS Energy Corp125896BX7 | NOTE 3.375% 5/0 | – | $19.0M | 0.3% | – | – | – |
| Biomarin Pharmaceutical Inc09061GAK7 | NOTE 1.250% 5/1 | – | $18.7M | 0.3% | – | – | – |
| MKS Inc55306NAB0 | NOTE 1.250% 6/0 | – | $18.3M | 0.3% | – | – | – |
| OPTUOptimum Communications, Inc. | CL A | 7,500,000 | $18.1M | 0.3% | 00.0% | Unchanged | History |
| PPL Cap FDG Inc69352PAS2 | NOTE 2.875% 3/1 | – | $18.0M | 0.3% | – | – | – |
| MGP Ingredients Inc55303JAB2 | NOTE 1.875%11/1 | – | $16.6M | 0.3% | – | New | – |
| Okta, Inc.679295AF2 | NOTE 0.375% 6/1 | – | $16.5M | 0.3% | – | – | – |
| Coinbase Global, Inc.19260QAF4 | NOTE 0.250% 4/0 | – | $16.4M | 0.3% | – | – | – |
| LivaNova PLC53802LAB8 | NOTE 2.500% 3/1 | – | $16.3M | 0.3% | – | – | – |
| Amphastar Pharmaceuticals IN03209RAB9 | NOTE 2.000% 3/1 | – | $16.2M | 0.3% | – | New | – |
| Wec Energy Group, Inc.92939UAR7 | NOTE 4.375% 6/0 | – | $15.3M | 0.3% | – | – | – |
| Spectrum Brands Inc84762LAZ8 | NOTE 3.375% 6/0 | – | $15.1M | 0.3% | – | New | – |
| Parsons Corp70202LAD4 | NOTE 2.625% 3/0 | – | $14.7M | 0.2% | – | – | – |
| SHIFT4 PMTS Inc82452JAD1 | NOTE 0.500% 8/0 | – | $14.3M | 0.2% | – | – | – |
| Snap Inc83304AAH9 | NOTE 0.125% 3/0 | – | $13.7M | 0.2% | – | – | – |
| Meritage Homes CORP59001ABF8 | NOTE 1.750% 5/1 | – | $13.1M | 0.2% | – | – | – |
| Tetra Tech Inc88162GAB9 | DBCV 2.250% 8/1 | – | $12.9M | 0.2% | – | – | – |
| Dexcom Inc252131AK3 | NOTE 0.250%11/1 | – | $12.9M | 0.2% | – | – | – |
| ALVOAlvotech | ORDINARY SHARES | 1,563,676 | $12.8M | 0.2% | 00.0% | Unchanged | History |
| Enphase Energy, Inc.29355AAH0 | NOTE 3/0 | – | $12.8M | 0.2% | – | – | – |
| Fluor Corp343412AJ1 | NOTE 1.125% 8/1 | – | $12.5M | 0.2% | – | – | – |
| Guardant Health, Inc.40131MAD1 | DEBT 1.250% 2/1 | – | $12.1M | 0.2% | – | – | – |
| Snap Inc83304AAF3 | NOTE 5/0 | – | $12.0M | 0.2% | – | – | – |
| Shake Shack Inc.819047AB7 | NOTE 3/0 | – | $11.2M | 0.2% | – | – | – |
| Upstart Hldgs Inc91680MAB3 | NOTE 0.250% 8/1 | – | $10.9M | 0.2% | – | – | – |
| INDVIndivior Pharmaceuticals, Inc. | ORD | 257,785,398 | $10.7M | 0.2% | +246,776,273+2,241.6% | Added | History |
| BridgeBio Pharma, Inc.10806XAD4 | NOTE 2.250% 2/0 | – | $10.6M | 0.2% | – | – | – |
| SMRTSmartRent, Inc. | COM CL A | 7,505,294 | $10.6M | 0.2% | 00.0% | Unchanged | History |
| Travere Therapeutics, Inc.89422GAA5 | NOTE 2.250% 3/0 | – | $10.4M | 0.2% | – | – | – |
| Nabors Inds Inc62957HAL9 | NOTE 1.750% 6/1 | – | $9.88M | 0.2% | – | – | – |
| Block, Inc.852234AJ2 | NOTE 5/0 | – | $9.76M | 0.2% | – | – | – |
| Chesapeake Energy Corp165167180 | *W EXP 03/01/202 | 95,294 | $9.22M | 0.2% | 00.0% | Unchanged | – |
| Ceridian HCM Hldg Inc15677JAD0 | NOTE 0.250% 3/1 | – | $9.19M | 0.2% | – | – | – |
| Haemonetics Corp Mass405024AB6 | NOTE 3/0 | – | $9.08M | 0.2% | – | – | – |
| Nextera Energy Cap Hldgs Inc65339KCY4 | NOTE 3.000% 3/0 | – | $8.96M | 0.1% | – | – | – |
| MXMagnachip Semiconductor Corp | COM | 2,849,858 | $8.92M | 0.1% | 00.0% | Unchanged | History |
| Repligen Corp759916AD1 | NOTE 1.000%12/1 | – | $8.89M | 0.1% | – | – | – |
| Blackline, Inc.09239BAF6 | NOTE 1.000% 6/0 | – | $8.48M | 0.1% | – | – | – |
| Li Auto Inc.50202MAB8 | NOTE 0.250% 5/0 | – | $8.32M | 0.1% | – | – | – |
| ACRACRES Commercial Realty Corp. | COM NEW | 391,380 | $8.28M | 0.1% | +391,380 | New | History |
Options (6)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
Sold out since Q2 2025 (44)
Positions held at the end of Q2 2025 that are gone from this filing.
| Security | Class | Shares in Q2 2025 | Value in Q2 2025 | % of portfolio in Q2 2025 | History |
|---|---|---|---|---|---|
| STRSitio Royalties Corp. | CLASS A COM | 12,945,551 | $237.9M | 4.7% | History |
| ECEcopetrol S.A. | SPONSORED ADS | 3,549,822 | $31.4M | 0.6% | History |
| BEKEKE Holdings Inc. | SPONSORED ADS | 1,513,039 | $26.8M | 0.5% | History |
| EchoStar CORP278768AB2 | NOTE 3.875%11/3 | – | $25.3M | 0.5% | – |
| Wix.com Ltd.92940WAD1 | NOTE 8/1 | – | $21.1M | 0.4% | – |
| Okta, Inc.679295AD7 | NOTE 0.125% 9/0 | – | $20.1M | 0.4% | – |
| UNITUniti Group Inc. | COM | 3,397,592 | $14.7M | 0.3% | History |
| Realogy Grp LLC/Realogy Co75606DAP6 | NOTE 0.250% 6/1 | – | $13.0M | 0.3% | – |
| BRYBerry Corp (bry) | COM | 3,697,000 | $10.2M | 0.2% | History |
| YPFYpf Sociedad Anonima | SPON ADR CL D | 324,330 | $10.2M | 0.2% | History |
| Dexcom Inc252131AM9 | NOTE 0.375% 5/1 | – | $7.82M | 0.2% | – |
| Huazhu Group Ltd44332NAB2 | NOTE 3.000% 5/0 | – | $7.28M | 0.1% | – |
| Cytokinetics Inc23282WAC4 | NOTE 3.500% 7/0 | – | $7.14M | 0.1% | – |
| Alibaba Group Hldg Ltd01609WBG6 | NOTE 0.500% 6/0 | – | $6.90M | 0.1% | – |
| Marriott Vacations Worldwide Corp57164YAD9 | NOTE 1/1 | – | $6.53M | 0.1% | – |
| Lumentum Hldgs Inc55024UAH2 | NOTE 1.500%12/1 | – | $6.14M | 0.1% | – |
| NICE Ltd.653656AB4 | NOTE 9/1 | – | $6.06M | 0.1% | – |
| On Semiconductor Corp682189AU9 | NOTE 0.500% 3/0 | – | $5.92M | 0.1% | – |
| Workiva Inc98139AAD7 | NOTE 1.250% 8/1 | – | $5.80M | 0.1% | – |
| Integra Lifesciences Hldgs C457985AM1 | NOTE 0.500% 8/1 | – | $5.71M | 0.1% | – |
| Haemonetics Corp Mass405024AD2 | NOTE 2.500% 6/0 | – | $5.45M | 0.1% | – |
| Mesa Labs Inc59064RAA7 | NOTE 1.375% 8/1 | – | $5.41M | 0.1% | – |
| HDSNHudson Technologies Inc | COM | 562,662 | $4.57M | 0.1% | History |
| BMAMacro Bank Inc. | SPON ADR B | 60,591 | $4.25M | 0.1% | History |
| Duke Energy CORP26441CBY0 | NOTE 4.125% 4/1 | – | $3.97M | 0.1% | – |
| Spotify USA Inc84921RAB6 | NOTE 3/1 | – | $3.03M | 0.1% | – |
| SSR MNG Inc784730AB9 | NOTE 2.500% 4/0 | – | $2.51M | <0.1% | – |
| Cloudflare, Inc.18915MAC1 | NOTE 8/1 | – | $2.37M | <0.1% | – |
| Redfin Corp75737FAC2 | NOTE 10/1 | – | $2.33M | <0.1% | – |
| Halozyme Therapeutics, Inc.40637HAD1 | NOTE 0.250% 3/0 | – | $2.00M | <0.1% | – |
| PG&E Corp69331CAL2 | NOTE 4.250%12/0 | – | $1.96M | <0.1% | – |
| American Airls Group Inc02376RAF9 | NOTE 6.500% 7/0 | – | $1.50M | <0.1% | – |
| BAKBraskem SA | SP ADR PFD A | 453,167 | $1.49M | <0.1% | History |
| Retrophin Inc761299AB2 | NOTE 2.500% 9/1 | – | $1.36M | <0.1% | – |
| Sunnova Energy Intl Inc.86745KAF1 | NOTE 0.250%12/0 | – | $1.33M | <0.1% | – |
| Par Technology Corp698884AE3 | NOTE 1.500%10/1 | – | $1.26M | <0.1% | – |
| Tyler Tex Indpt SCH Dist902252AB1 | NOTE 0.250% 3/1 | – | $1.23M | <0.1% | – |
| Uber Technologies, Inc90353TAJ9 | NOTE 12/1 | – | $1.20M | <0.1% | – |
| Ventas Rlty Ltd Partnership92277GAZ0 | NOTE 3.750% 6/0 | – | $1.20M | <0.1% | – |
| PagerDuty, Inc.69553PAB6 | NOTE 1.250% 7/0 | – | $1.03M | <0.1% | – |
| Blackline, Inc.09239BAD1 | NOTE 3/1 | – | $983.1K | <0.1% | – |
| Alnylam Pharmaceuticals, Inc.02043QAB3 | NOTE 1.000% 9/1 | – | $976.1K | <0.1% | – |
| Seagate HDD Cayman81180WBL4 | NOTE 3.500% 6/0 | – | $900.2K | <0.1% | – |
| Sunnova Energy Intl Inc.86745KAH7 | NOTE 2.625% 2/1 | – | $768.4K | <0.1% | – |