Oaktree Capital
SuperinvestorOaktree Capital Management LP
- SEC CIK
- 0000949509
- Manager
- Howard Marks
- Style
- Value
- Latest filing
- Aug 13, 2026
Holdings in Q4 2025
Holdings as of Dec 31, 2025, filed Feb 17, 2026. Long positions only; changes compare share counts with Q3 2025.
- Positions
- 166
- +7 vs. Q3 2025
- Portfolio value
- $6.17B
- +$170.9M (+2.8%) vs. Q3 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| EXEExpand Energy Corp | COM | 5,062,363 | $558.7M | 9.1% | 00.0% | Unchanged | History |
| TRMDTORM plc | SHS CL A | 26,425,059 | $527.3M | 8.5% | −14,156,061−34.9% | Reduced | History |
| AUAngloGold Ashanti PLC | COM SHS | 3,847,991 | $328.2M | 5.3% | −337,270−8.1% | Reduced | History |
| GTXGarrett Motion Inc. | Stock | 17,094,816 | $298.0M | 4.8% | −14,800,000−46.4% | Reduced | History |
| INDVIndivior Pharmaceuticals, Inc. | ORD | 7,108,644 | $255.1M | 4.1% | −250,676,754−97.2% | Reduced | History |
| VNOMViper Energy, Inc. | CL A | 6,285,062 | $242.8M | 3.9% | 00.0% | Unchanged | History |
| TDSTelephone & Data Systems Inc | COM NEW | 3,688,386 | $151.2M | 2.5% | 00.0% | Unchanged | History |
| BBarrick Mining Corp | Stock | 2,975,118 | $129.6M | 2.1% | −326,968−9.9% | Reduced | History |
| TLNTalen Energy Corp | COM | 331,117 | $124.1M | 2.0% | +40,000+13.7% | Added | History |
| CORZCore Scientific, Inc. | COM | 8,350,708 | $121.6M | 2.0% | +1,950,000+30.5% | Added | History |
| NOKNokia Corp | SPONSORED ADR | 18,752,229 | $121.3M | 2.0% | 00.0% | Unchanged | History |
| FTAIFTAI Aviation Ltd. | SHS | 517,328 | $101.8M | 1.7% | −67,847−11.6% | Reduced | History |
| ITUBItau Unibanco Holding S.A. | SPON ADR REP PFD | 13,822,747 | $99.0M | 1.6% | +1,156,946+9.1% | Added | History |
| LBTYALiberty Global Ltd. | COM CL A | 8,551,191 | $95.3M | 1.5% | 00.0% | Unchanged | History |
| CBLCBL & Associates Properties Inc | COMMON STOCK | 2,517,576 | $93.2M | 1.5% | −487,550−16.2% | Reduced | History |
| Riot Platforms, Inc.767292AB1 | NOTE 0.750% 1/1 | – | $92.9M | 1.5% | – | New | – |
| JetBlue Airways Corp477143AP6 | NOTE 0.500% 4/0 | – | $89.0M | 1.4% | – | – | – |
| AEROGrupo Aeromexico, S.A.B. de C.V. | SPONSORED ADS | 3,776,986 | $82.9M | 1.3% | +3,776,986 | New | History |
| TACTransalta Corp | COM | 6,415,253 | $81.2M | 1.3% | 00.0% | Unchanged | History |
| STKLSunOpta Inc. | COM | 20,726,126 | $78.9M | 1.3% | 00.0% | Unchanged | History |
| NUNu Holdings Ltd. | ORD SHS CL A | 4,479,175 | $75.0M | 1.2% | −39,709−0.9% | Reduced | History |
| FCXFreeport-McMoran Inc | Stock | 1,390,053 | $70.6M | 1.1% | −114,812−7.6% | Reduced | History |
| KRCKilroy Realty Corp | COM | 1,850,011 | $69.1M | 1.1% | 00.0% | Unchanged | History |
| CXCemex SAB de CV | SPON ADR NEW | 5,749,324 | $66.1M | 1.1% | −4,699,500−45.0% | Reduced | History |
| RWAYRunway Growth Finance Corp. | COM | 7,029,667 | $62.8M | 1.0% | −1,250,000−15.1% | Reduced | History |
| EchoStar CORP278768AB2 | NOTE 3.875%11/3 | – | $60.2M | 1.0% | – | New | – |
| Cable One, Inc.12685JAE5 | NOTE 3/1 | – | $58.1M | 0.9% | – | – | – |
| BLCOBausch & Lomb Corp | COMMON SHARES | 3,382,739 | $57.8M | 0.9% | +137,300+4.2% | Added | History |
| GRABGrab Holdings Ltd | CLASS A ORD | 11,207,699 | $55.9M | 0.9% | −886,796−7.3% | Reduced | History |
| XPXP Inc. | CL A | 3,320,159 | $54.4M | 0.9% | +1,287,282+63.3% | Added | History |
| Airbnb, Inc.009066AB7 | NOTE 3/1 | – | $50.2M | 0.8% | – | – | – |
| Etsy Inc29786AAN6 | NOTE 0.250% 6/1 | – | $44.9M | 0.7% | – | – | – |
| LILAKLiberty Latin America Ltd. | COM CL C | 5,748,780 | $42.9M | 0.7% | −921,043−13.8% | Reduced | History |
| ECVTEcovyst Inc. | COM | 4,254,503 | $41.4M | 0.7% | +1,395,481+48.8% | Added | History |
| Biomarin Pharmaceutical Inc09061GAK7 | NOTE 1.250% 5/1 | – | $40.5M | 0.7% | – | – | – |
| Amphastar Pharmaceuticals IN03209RAB9 | NOTE 2.000% 3/1 | – | $40.4M | 0.7% | – | – | – |
| ADArray Digital Infrastructure, Inc. | COM | 724,444 | $38.8M | 0.6% | 00.0% | Unchanged | History |
| CONMED Corp207410AH4 | NOTE 2.250% 6/1 | – | $38.7M | 0.6% | – | – | – |
| Marriott Vacations Worldwide Corp57164YAF4 | NOTE 3.250%12/1 | – | $38.5M | 0.6% | – | – | – |
| Pebblebrook Hotel Tr70509VAA8 | NOTE 1.750%12/1 | – | $38.4M | 0.6% | – | – | – |
| VISTVista Energy, S.A.B. de C.V. | SPONSORED ADS | 782,250 | $38.1M | 0.6% | −1,059,069−57.5% | Reduced | History |
| YMMFull Truck Alliance Co. Ltd. | SPONSORED ADS | 3,519,764 | $37.8M | 0.6% | −277,933−7.3% | Reduced | History |
| Sea Ltd81141RAG5 | NOTE 0.250% 9/1 | – | $37.8M | 0.6% | – | – | – |
| SBLKStar Bulk Carriers Corp. | SHS PAR | 1,962,892 | $37.7M | 0.6% | 00.0% | Unchanged | History |
| Teladoc Health, Inc.87918AAF2 | NOTE 1.250% 6/0 | – | $36.7M | 0.6% | – | – | – |
| Enphase Energy, Inc.29355AAK3 | NOTE 3/0 | – | $33.4M | 0.5% | – | – | – |
| Cracker Barrel Old Ctry Stor22410JAB2 | NOTE 0.625% 6/1 | – | $32.2M | 0.5% | – | – | – |
| CRCCalifornia Resources Corp | COM STOCK | 694,502 | $31.1M | 0.5% | 00.0% | Unchanged | History |
| BZKanzhun Ltd | SPONSORED ADS | 1,523,231 | $31.0M | 0.5% | −120,341−7.3% | Reduced | History |
| Array Technologies, Inc.04271TAB6 | NOTE 1.000%12/0 | – | $30.3M | 0.5% | – | – | – |
| Envista Holdings Corp29415FAD6 | NOTE 1.750% 8/1 | – | $29.6M | 0.5% | – | – | – |
| Okta, Inc.679295AF2 | NOTE 0.375% 6/1 | – | $27.8M | 0.5% | – | – | – |
| Five9, Inc.338307AF8 | NOTE 1.000% 3/1 | – | $27.4M | 0.4% | – | – | – |
| Alarm Com Hldgs Inc011642AB1 | NOTE 1/1 | – | $27.3M | 0.4% | – | – | – |
| TEOTelecom Argentina SA | SPON ADR REP B | 2,347,508 | $27.3M | 0.4% | −281,975−10.7% | Reduced | History |
| VALEVale S.A. | SPONSORED ADS | 2,023,706 | $26.4M | 0.4% | −10,000−0.5% | Reduced | History |
| Spectrum Brands Inc84762LAZ8 | NOTE 3.375% 6/0 | – | $26.1M | 0.4% | – | – | – |
| Dexcom Inc252131AM9 | NOTE 0.375% 5/1 | – | $25.8M | 0.4% | – | New | – |
| TXTernium S.A. | SPONSORED ADS | 658,565 | $25.2M | 0.4% | −238,944−26.6% | Reduced | History |
| KRSPRice Acquisition Corp 3 | ORD SHS CL A | 2,400,000 | $24.7M | 0.4% | +2,400,000 | New | History |
| OCSLOaktree Specialty Lending Corp | COM | 1,852,456 | $23.6M | 0.4% | 00.0% | Unchanged | History |
| DraftKings Inc.26142RAB0 | NOTE 3/1 | – | $23.1M | 0.4% | – | New | – |
| MGP Ingredients Inc55303JAB2 | NOTE 1.875%11/1 | – | $22.5M | 0.4% | – | – | – |
| Summit Hotel Pptys Inc866082AA8 | NOTE 1.500% 2/1 | – | $21.5M | 0.3% | – | – | – |
| Block, Inc.852234AJ2 | NOTE 5/0 | – | $19.9M | 0.3% | – | – | – |
| Nabors Inds Inc62957HAL9 | NOTE 1.750% 6/1 | – | $19.6M | 0.3% | – | – | – |
| INFYInfosys Ltd | SPONSORED ADR | 1,094,752 | $19.5M | 0.3% | +1,094,752 | New | History |
| JD.com, Inc.47215PAJ5 | NOTE 0.250% 6/0 | – | $19.3M | 0.3% | – | – | – |
| Ceridian HCM Hldg Inc15677JAD0 | NOTE 0.250% 3/1 | – | $19.2M | 0.3% | – | – | – |
| Winnebago Inds Inc974637AF7 | NOTE 3.250% 1/1 | – | $19.1M | 0.3% | – | – | – |
| Snap Inc83304AAF3 | NOTE 5/0 | – | $18.3M | 0.3% | – | – | – |
| SYNAPTICS Inc87157DAJ8 | NOTE 0.750%12/0 | – | $18.3M | 0.3% | – | New | – |
| ONITOnity Group Inc. | COM NEW | 390,835 | $17.9M | 0.3% | +390,835 | New | History |
| LivaNova PLC53802LAB8 | NOTE 2.500% 3/1 | – | $17.7M | 0.3% | – | – | – |
| PPL Cap FDG Inc69352PAS2 | NOTE 2.875% 3/1 | – | $17.2M | 0.3% | – | – | – |
| AeroVironment Inc008073AA6 | NOTE 7/1 | – | $17.1M | 0.3% | – | – | – |
| Tetra Tech Inc88162GAB9 | DBCV 2.250% 8/1 | – | $16.6M | 0.3% | – | – | – |
| CMS Energy Corp125896BX7 | NOTE 3.375% 5/0 | – | $16.3M | 0.3% | – | – | – |
| SMRTSmartRent, Inc. | COM CL A | 7,505,294 | $15.2M | 0.2% | 00.0% | Unchanged | History |
| Haemonetics Corp Mass405024AB6 | NOTE 3/0 | – | $14.9M | 0.2% | – | – | – |
| Jazz Investments I Ltd472145AH4 | NOTE 3.125% 9/1 | – | $14.1M | 0.2% | – | – | – |
| Wec Energy Group, Inc.92939UAR7 | NOTE 4.375% 6/0 | – | $14.0M | 0.2% | – | – | – |
| Lantheus Hldgs Inc516544AB9 | NOTE 2.625%12/1 | – | $13.2M | 0.2% | – | – | – |
| OPTUOptimum Communications, Inc. | CL A | 7,500,000 | $12.4M | 0.2% | 00.0% | Unchanged | History |
| Snap Inc83304AAH9 | NOTE 0.125% 3/0 | – | $12.2M | 0.2% | – | – | – |
| Bandwidth Inc.05988JAD5 | NOTE 0.500% 4/0 | – | $11.9M | 0.2% | – | – | – |
| Blackstone Mortgage Trust IN09257WAE0 | NOTE 5.500% 3/1 | – | $11.9M | 0.2% | – | – | – |
| Redfin Corp75737FAE8 | NOTE 0.500% 4/0 | – | $11.1M | 0.2% | – | – | – |
| Pennymac Corp70932AAF0 | NOTE 5.500% 3/1 | – | $11.0M | 0.2% | – | – | – |
| Enphase Energy, Inc.29355AAH0 | NOTE 3/0 | – | $10.8M | 0.2% | – | – | – |
| Coinbase Global, Inc.19260QAF4 | NOTE 0.250% 4/0 | – | $10.8M | 0.2% | – | – | – |
| Repligen Corp759916AD1 | NOTE 1.000%12/1 | – | $10.8M | 0.2% | – | – | – |
| Fluor Corp343412AJ1 | NOTE 1.125% 8/1 | – | $10.7M | 0.2% | – | – | – |
| Magnite, Inc.55955DAB6 | NOTE 0.250% 3/1 | – | $10.2M | 0.2% | – | – | – |
| Live Nation Entertainment IN538034BC2 | NOTE 2.875% 1/1 | – | $10.2M | 0.2% | – | New | – |
| Ziff Davis, Inc.48123VAE2 | NOTE 1.750%11/0 | – | $9.89M | 0.2% | – | – | – |
| Lci Inds501812AB7 | NOTE 1.125% 5/1 | – | $9.80M | 0.2% | – | – | – |
| Callaway Golf Co131193AE4 | NOTE 2.750% 5/0 | – | $9.58M | 0.2% | – | – | – |
| Chesapeake Energy Corp165167180 | *W EXP 03/01/202 | 95,294 | $9.50M | 0.2% | 00.0% | Unchanged | – |
| Cogent Biosciences, Inc.19240QAA0 | NOTE 1.625%11/1 | – | $8.99M | 0.1% | – | New | – |
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 Q3 2025 (29)
Positions held at the end of Q3 2025 that are gone from this filing.
| Security | Class | Shares in Q3 2025 | Value in Q3 2025 | % of portfolio in Q3 2025 | History |
|---|---|---|---|---|---|
| ECHOEchoStar CORP | CL A | 600,000 | $45.8M | 0.8% | History |
| Sarepta Therapeutics, Inc.803607AD2 | NOTE 1.250% 9/1 | – | $30.8M | 0.5% | – |
| NBRNabors Industries Ltd | SHS | 737,112 | $30.1M | 0.5% | History |
| SESea Ltd | SPONSORD ADS | 141,368 | $25.3M | 0.4% | History |
| JBSJBS N.V. | ADR | 1,580,400 | $23.6M | 0.4% | History |
| First Majestic Silver Corp32076VAD5 | NOTE 0.375% 1/1 | – | $19.7M | 0.3% | – |
| SHIFT4 PMTS Inc82452JAD1 | NOTE 0.500% 8/0 | – | $14.3M | 0.2% | – |
| Meritage Homes CORP59001ABF8 | NOTE 1.750% 5/1 | – | $13.1M | 0.2% | – |
| Dexcom Inc252131AK3 | NOTE 0.250%11/1 | – | $12.9M | 0.2% | – |
| Guardant Health, Inc.40131MAD1 | DEBT 1.250% 2/1 | – | $12.1M | 0.2% | – |
| Travere Therapeutics, Inc.89422GAA5 | NOTE 2.250% 3/0 | – | $10.4M | 0.2% | – |
| 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% | History |
| LGNLegence Corp. | CL A | 175,000 | $5.39M | 0.1% | History |
| Verint Systems Inc92343XAC4 | NOTE 0.250% 4/1 | – | $4.54M | 0.1% | – |
| FuboTV Inc.35953DAB0 | NOTE 3.250% 2/1 | – | $4.49M | 0.1% | – |
| NovoCure Ltd67011XAB9 | NOTE 11/0 | – | $4.31M | 0.1% | – |
| Guess Inc401617AF2 | NOTE 3.750% 4/1 | – | $3.59M | 0.1% | – |
| Q2 Hldgs Inc74736LAF6 | NOTE 0.125%11/1 | – | $2.68M | <0.1% | – |
| BridgeBio Pharma, Inc.10806XAB8 | NOTE 2.500% 3/1 | – | $2.60M | <0.1% | – |
| Uber Technologies, Inc90353TAM2 | NOTE 0.875%12/0 | – | $2.21M | <0.1% | – |
| Esperion Therapeutics Inc Ne29664WAB1 | NOTE 4.000%11/1 | – | $2.11M | <0.1% | – |
| Wayfair Inc.94419LAP6 | NOTE 3.250% 9/1 | – | $1.37M | <0.1% | – |
| iRhythm Holdings, Inc.450056AB2 | NOTE 1.500% 9/0 | – | $1.24M | <0.1% | – |
| TGSGas Transporter of the South Inc | SPONSORED ADS B | 56,522 | $1.19M | <0.1% | History |
| Fiverr Intl Ltd33835LAA3 | NOTE 11/0 | – | $1.05M | <0.1% | – |
| Evolent Health, Inc.30050BAH4 | NOTE 3.500%12/0 | – | $817.6K | <0.1% | – |
| TPICQTpi Composites, Inc | COM | 4,610,003 | $142.9K | <0.1% | History |