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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 Q2 2026

Holdings as of Jun 30, 2026, filed Aug 13, 2026. Long positions only; changes compare share counts with Q1 2026.

Institution overview
Positions
138
−4 vs. Q1 2026
Portfolio value
$5.31B
−$594.9M (−10.1%) vs. Q1 2026
Filed
Aug 13, 2026
SEC
Holdings of Oaktree Capital in Q2 2026
SecurityClassSharesValue% of portfolioShare changeActionHistory
TRMDTORM plcSHS CL A20,329,874$524.3M9.9%−3,509,701−14.7%ReducedHistory
EXEExpand Energy CorpCOM5,237,477$477.6M9.0%00.0%UnchangedHistory
GTXGarrett Motion Inc.Stock7,594,816$275.2M5.2%−7,000,000−48.0%ReducedHistory
AUAngloGold Ashanti PLCCOM SHS3,179,092$257.2M4.8%−44,000−1.4%ReducedHistory
INDVIndivior Pharmaceuticals, Inc.COM6,127,212$251.4M4.7%−856,890−12.3%ReducedHistory
TDSTelephone & Data Systems IncCOM NEW5,282,905$195.5M3.7%+990,662+23.1%AddedHistory
VNOMViper Energy, Inc.CL A3,791,432$160.8M3.0%00.0%UnchangedHistory
CORZCore Scientific, Inc.COM4,993,708$127.8M2.4%−4,357,000−46.6%ReducedHistory
TLNTalen Energy CorpCOM331,117$127.2M2.4%00.0%UnchangedHistory
BBarrick Mining CorpStock3,206,087$117.8M2.2%+581,228+22.1%AddedHistory
ITUBItau Unibanco Holding S.A.SPON ADR REP PFD11,977,665$97.9M1.8%−211,330−1.7%ReducedHistory
LBTYALiberty Global Ltd.COM CL A8,551,191$97.2M1.8%00.0%UnchangedHistory
OCSLOaktree Specialty Lending CorpCOM7,872,199$94.0M1.8%+6,019,743+325.0%AddedHistory
FCXFreeport-McMoran IncStock1,201,122$75.5M1.4%−19,000−1.6%ReducedHistory
AEROGrupo Aeromexico, S.A.B. de C.V.SPONSORED ADS3,968,686$71.4M1.3%00.0%UnchangedHistory
KRCKilroy Realty CorpCOM1,850,011$69.3M1.3%00.0%UnchangedHistory
Pebblebrook Hotel Tr70509VAA8NOTE 1.750%12/1–$63.1M1.2%–––
Biomarin Pharmaceutical Inc09061GAK7NOTE 1.250% 5/1–$62.4M1.2%–––
Sea Ltd81141RAG5NOTE 0.250% 9/1–$62.1M1.2%–––
Etsy Inc29786AAN6NOTE 0.250% 6/1–$61.2M1.2%–––
SESea LtdSPONSORD ADS635,443$60.9M1.1%+635,443NewHistory
LILAKLiberty Latin America Ltd.COM CL C7,559,083$58.9M1.1%+1,810,303+31.5%AddedHistory
Enphase Energy, Inc.29355AAK3NOTE 3/0–$57.6M1.1%–––
Dexcom Inc252131AM9NOTE 0.375% 5/1–$57.1M1.1%–––
BLCOBausch & Lomb CorpCOMMON SHARES3,441,042$57.0M1.1%+58,303+1.7%AddedHistory
VSATViasat IncCOM630,280$56.6M1.1%+630,280NewHistory
EchoStar CORP278768AB2NOTE 3.875%11/3–$56.3M1.1%–––
Marriott Vacations Worldwide Corp57164YAF4NOTE 3.250%12/1–$56.0M1.1%–––
DraftKings Inc.26142RAB0NOTE 3/1–$54.5M1.0%–––
CONMED Corp207410AH4NOTE 2.250% 6/1–$52.5M1.0%–––
MMYTMakeMyTrip LtdStock983,068$52.4M1.0%+983,068NewHistory
Riot Platforms, Inc.767292AB1NOTE 0.750% 1/1–$52.3M1.0%–––
Teladoc Health, Inc.87918AAF2NOTE 1.250% 6/0–$52.3M1.0%–––
Bentley Sys Inc08265TAD1NOTE 0.375% 7/0–$52.2M1.0%–––
MATWMatthews International CorpCL A1,925,992$51.8M1.0%+1,925,992NewHistory
XPXP Inc.CL A3,116,809$50.7M1.0%−55,200−1.7%ReducedHistory
Unity Software Inc.91332UAB7NOTE 11/1–$48.6M0.9%–––
Five9, Inc.338307AF8NOTE 1.000% 3/1–$47.4M0.9%–––
SHIFT4 PMTS Inc82452JAD1NOTE 0.500% 8/0–$46.3M0.9%–––
YPFYpf Sociedad AnonimaSPON ADR CL D991,346$45.1M0.8%+104,881+11.8%AddedHistory
TACTransalta CorpCOM3,000,000$41.5M0.8%−3,415,253−53.2%ReducedHistory
RWAYRunway Growth Finance Corp.COM7,029,667$39.4M0.7%00.0%UnchangedHistory
Enovis CORP194014AB2NOTE 3.875%10/1–$37.8M0.7%–New–
Amphastar Pharmaceuticals IN03209RAB9NOTE 2.000% 3/1–$37.2M0.7%–––
Affirm Hldgs Inc00827BAB2NOTE 11/1–$34.3M0.6%–––
Array Technologies, Inc.04271TAB6NOTE 1.000%12/0–$31.6M0.6%–––
EMBJEmbraer S.A.ADR439,706$28.1M0.5%−7,900−1.8%ReducedHistory
Snap Inc83304AAF3NOTE 5/0–$26.7M0.5%–––
ADArray Digital Infrastructure, Inc.COM696,858$25.3M0.5%−27,586−3.8%ReducedHistory
KRSPRice Acquisition Corp 3ORD SHS CL A2,400,000$25.2M0.5%00.0%UnchangedHistory
SHAZSharonAI Holdings Inc.COM CL A289,456$24.5M0.5%−710,544−71.1%ReducedHistory
Spectrum Brands Inc84762LAZ8NOTE 3.375% 6/0–$24.5M0.5%–––
TXTernium S.A.SPONSORED ADS572,324$24.4M0.5%−10,600−1.8%ReducedHistory
QMCOQuantum CorpCOM2,011,678$22.1M0.4%+2,011,678NewHistory
Winnebago Inds Inc974637AF7NOTE 3.250% 1/1–$18.7M0.4%–––
Block, Inc.852234AK9NOTE 0.250%11/0–$17.1M0.3%–––
Snap Inc83304AAH9NOTE 0.125% 3/0–$16.1M0.3%–––
SMPLSimply Good Foods CoCOM1,203,889$16.0M0.3%+75,000+6.6%AddedHistory
Cogent Biosciences, Inc.19240QAA0NOTE 1.625%11/1–$14.8M0.3%–––
SGRYSurgery Partners, Inc.Stock862,588$14.5M0.3%+862,588NewHistory
Blackstone Mortgage Trust IN09257WAE0NOTE 5.500% 3/1–$14.1M0.3%–––
Upwork, Inc91688FAB0NOTE 0.250% 8/1–$14.0M0.3%–––
Workiva Inc98139AAD7NOTE 1.250% 8/1–$14.0M0.3%–New–
Etsy Inc29786AAQ9NOTE 1.000% 6/1–$13.9M0.3%–New–
Redfin Corp75737FAE8NOTE 0.500% 4/0–$13.5M0.3%–––
Starwood Ppty Tr Inc85571BBA2NOTE 6.750% 7/1–$12.1M0.2%–New–
Snowflake Inc.833445AB5NOTE 10/0–$11.9M0.2%–––
Nabors Inds Inc62957HAL9NOTE 1.750% 6/1–$11.3M0.2%–––
AeroVironment Inc008073AA6NOTE 7/1–$11.3M0.2%–––
Itron, Inc.465741AQ9NOTE 1.375% 7/1–$11.2M0.2%–––
Ziff Davis, Inc.48123VAE2NOTE 1.750%11/0–$11.1M0.2%–––
MINEMayfair Gold Corp.COM NEW4,500,000$11.1M0.2%00.0%UnchangedHistory
Arrowhead Pharmaceuticals IN04280AAC4NOTE 1/1–$11.0M0.2%–––
BMMBlue Moon Metals Inc.COM1,685,000$10.7M0.2%00.0%UnchangedHistory
Envista Holdings Corp29415FAD6NOTE 1.750% 8/1–$10.3M0.2%–––
Cloudflare, Inc.18915MAF4NOTE 6/1–$10.2M0.2%–New–
Rapid7, Inc.753422AF1NOTE 0.250% 3/1–$9.71M0.2%–––
Freshpet, Inc.358039AB1NOTE 3.000% 4/0–$9.20M0.2%–New–
Alphatec Hldgs Inc02081GAB8NOTE 0.750% 8/0–$9.14M0.2%–New–
SMRTSmartRent, Inc.COM CL A7,505,294$8.93M0.2%00.0%UnchangedHistory
Upstart Hldgs Inc91680MAB3NOTE 0.250% 8/1–$8.28M0.2%–––
SITIME Corp82982TAA4NOTE 6/1–$8.10M0.2%–New–
Redwood Trust Inc758075AF2NOTE 7.750% 6/1–$8.00M0.2%–––
DoorDash, Inc.25809KAB1NOTE 5/1–$7.98M0.2%–New–
JD.com, Inc.47215PAJ5NOTE 0.250% 6/0–$7.93M0.1%–––
Alarm Com Hldgs Inc011642AD7NOTE 2.250% 6/0–$7.77M0.1%–––
Pennymac Corp70932AAH6NOTE 8.500% 6/0–$7.27M0.1%–––
Cerence Inc.156727AD1NOTE 1.500% 7/0–$7.24M0.1%–––
Celcuity Inc.15102KAB6NOTE 0.250% 8/0–$7.13M0.1%–New–
MXMagnachip Semiconductor CorpCOM1,500,000$7.09M0.1%−1,349,858−47.4%ReducedHistory
Workiva Inc98139AAB1NOTE 1.125% 8/1–$7.06M0.1%–New–
Cracker Barrel Old Ctry Stor22410JAD8NOTE 1.750% 9/1–$6.87M0.1%–New–
Etsy Inc29786AAL0NOTE 0.125% 9/0–$6.86M0.1%–New–
PagerDuty, Inc.69553PAD2NOTE 1.500%10/1–$6.69M0.1%–––
LILALiberty Latin America Ltd.COM CL A839,020$6.58M0.1%00.0%UnchangedHistory
Sarepta Therapeutics, Inc.803607AD2NOTE 1.250% 9/1–$6.34M0.1%–New–
Lci Inds501812AD3NOTE 3.000% 3/0–$6.34M0.1%–New–
Uber Technologies, Inc90353TAS9NOTE 5/1–$6.25M0.1%–New–
Bill.com Holdings090043AD2CONV BOND–$6.13M0.1%–––
Green Plains Inc.393222AK0NOTE 2.250% 3/1–$4.95M0.1%–––

Options (7)

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 Q2 2026
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$1.01B–
Invesco QQQ Trust Series I46090E103ETF$651.7M–
CORZCore Scientific, Inc.COM–$128.0M
LYBLyondellBasell Industries N.V.SHS - A -$47.4M–
VCVisteon CorpCOM NEW$39.7M–
BTDRBitdeer Technologies GroupCL A ORD SHS–$11.9M
MXMagnachip Semiconductor CorpCOM–$4.73M

Sold out since Q1 2026 (40)

Positions held at the end of Q1 2026 that are gone from this filing.

Positions of Oaktree Capital sold out since Q1 2026
SecurityClassShares in Q1 2026Value in Q1 2026% of portfolio in Q1 2026History
PBRPetrobras - Petroleo Brasileiro SASPONSORED ADR6,089,413$126.4M2.1%History
JetBlue Airways Corp477143AP6NOTE 0.500% 4/0–$94.8M1.6%–
NOKNokia CorpSPONSORED ADR11,200,308$90.1M1.5%History
CBLCBL & Associates Properties IncCOMMON STOCK2,153,717$82.8M1.4%History
American WTR Cap Corp03040WBE4NOTE 3.625% 6/1–$55.8M0.9%–
Coinbase Global, Inc.19260QAB3NOTE 0.500% 6/0–$52.2M0.9%–
CRDOCredo Technology Group Holding LtdStock539,000$50.6M0.9%History
Okta, Inc.679295AF2NOTE 0.375% 6/1–$46.7M0.8%–
Q2 Hldgs Inc74736LAD1NOTE 0.750% 6/0–$40.9M0.7%–
Block, Inc.852234AJ2NOTE 5/0–$37.7M0.6%–
Progress Software Corp743312AB6NOTE 1.000% 4/1–$36.1M0.6%–
ECVTEcovyst Inc.COM2,393,791$30.8M0.5%History
Cracker Barrel Old Ctry Stor22410JAB2NOTE 0.625% 6/1–$25.7M0.4%–
SYNAPTICS Inc87157DAJ8NOTE 0.750%12/0–$14.3M0.2%–
Penn Natl Gaming Inc707569AU3NOTE 2.750% 5/1–$9.56M0.2%–
OPTUOptimum Communications, Inc.CL A7,330,490$9.53M0.2%History
Callaway Golf Co131193AE4NOTE 2.750% 5/0–$9.18M0.2%–
Lci Inds501812AB7NOTE 1.125% 5/1–$9.10M0.2%–
Repligen Corp759916AD1NOTE 1.000%12/1–$8.79M0.1%–
Trip.com Group Ltd89677QAB3NOTE 0.750% 6/1–$7.87M0.1%–
ILLUUIllumination Acquisition Corp. IUNIT 12/23/2031750,000$7.44M0.1%History
NRGNRG Energy, Inc.Stock49,028$7.16M0.1%History
PG&E Corp69331CAL2NOTE 4.250%12/0–$4.14M0.1%–
Invesco Exch Traded FD Tr II46138G508SR LN ETF200,020$4.08M0.1%–
Southern Co842587DZ7NOTE 4.500% 6/1–$3.73M0.1%–
Bandwidth Inc.05988JAD5NOTE 0.500% 4/0–$3.73M0.1%–
John Bean Technologies Corp477839AB0NOTE 0.250% 5/1–$2.92M<0.1%–
Digitalocean Hldgs Inc25402DAB8NOTE 12/0–$2.92M<0.1%–
HDBHDFC Bank LtdSPONSORED ADS114,261$2.84M<0.1%History
Coinbase Global, Inc.19260QAF4NOTE 0.250% 4/0–$2.20M<0.1%–
Cheesecake Factory Inc163072AA9NOTE 0.375% 6/1–$2.15M<0.1%–
Strategy Inc594972AL5NOTE 0.875% 3/1–$2.12M<0.1%–
Post Hldgs Inc737446AT1NOTE 2.500% 8/1–$2.11M<0.1%–
Jazz Investments I Ltd472145AH4NOTE 3.125% 9/1–$2.07M<0.1%–
Parsons Corp70202LAD4NOTE 2.625% 3/0–$2.03M<0.1%–
Meritage Homes CORP59001ABF8NOTE 1.750% 5/1–$1.84M<0.1%–
Nextera Energy Cap Hldgs Inc65339KCY4NOTE 3.000% 3/0–$1.79M<0.1%–
iRhythm Holdings, Inc.450056AB2NOTE 1.500% 9/0–$1.48M<0.1%–
Celcuity Inc.15102KAA8NOTE 2.750% 8/0–$1.46M<0.1%–
PDDPDD Holdings Inc.SPONSORED ADS4,823$492.8K<0.1%History