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Livermore
Livermore
ZHEN

Oaktree Capital

Superinvestor

Oaktree Capital Management LP

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

The latest 13F from Oaktree Capital covers Q2 2026 (filed Aug 13, 2026): 138 long positions worth $5.31B. The top 10 holdings make up 47.3% of the portfolio, and the largest is TORM plc (TRMD) at 9.9%. Livermore has 38 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
36
Est. +$461.3M
Added
8
Est. +$152.3M
Reduced
18
Est. −$778.9M
Sold out
40
Est. −$897.5M

Top 5 holdings

Share of this quarter's portfolio value

  1. TRMDTORM plc
    9.9%$524.3MHistory
  2. EXEExpand Energy Corp
    9.0%$477.6MHistory
  3. GTXGarrett Motion Inc.
    5.2%$275.2MHistory
  4. AUAngloGold Ashanti PLC
    4.8%$257.2MHistory
  5. INDVIndivior Pharmaceuticals, Inc.
    4.7%$251.4MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. OCSLOaktree Specialty Lending Corp
    +$71.9MAddedHistory
  2. SESea Ltd
    +$60.9MNewHistory
  3. VSATViasat Inc
    +$56.6MNewHistory
  4. MMYTMakeMyTrip Ltd
    +$52.4MNewHistory
  5. MATWMatthews International Corp
    +$51.8MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. OCSLOaktree Specialty Lending Corp
    +1.42 pp0.4% → 1.8%History
  2. SESea Ltd
    +1.15 pp0.0% → 1.1%History
  3. VSATViasat Inc
    +1.07 pp0.0% → 1.1%History
  4. MMYTMakeMyTrip Ltd
    +0.99 pp0.0% → 1.0%History
  5. MATWMatthews International Corp
    +0.98 pp0.0% → 1.0%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. GTXGarrett Motion Inc.
    −$253.6MReducedHistory
  2. PBRPetrobras - Petroleo Brasileiro SA
    −$126.4MSold outHistory
  3. STKLSunOpta Inc.
    −$113.0MReducedHistory
  4. CORZCore Scientific, Inc.
    −$111.5MReducedHistory
  5. JetBlue Airways Corp477143AP6
    −$94.8MSold out

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. STKLSunOpta Inc.
    −2.27 pp2.3% → <0.1%History
  2. PBRPetrobras - Petroleo Brasileiro SA
    −2.14 pp2.1% → 0.0%History
  3. JetBlue Airways Corp477143AP6
    −1.61 pp1.6% → 0.0%
  4. TRMDTORM plc
    −1.56 pp11.4% → 9.9%History
  5. NOKNokia Corp
    −1.52 pp1.5% → 0.0%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$5.31B
−$594.9M (−10.1%) vs. prior quarter
Positions
138
−4 vs. prior quarter
Top 10 concentration
47.3%
Top 10 as share of value
Turnover
10.9%
Q2 2026, one quarter
Average holding period
10.3 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $9.42B (Q1 2022)

Q1 2021: $7.17BQ2 2021: $7.41BQ3 2021: $6.83BQ4 2021: $8.64BQ1 2022: $9.42BQ2 2022: $8.39BQ3 2022: $8.83BQ4 2022: $9.22BQ1 2023: $8.88BQ2 2023: $7.38BQ3 2023: $6.58BQ4 2023: $6.37BQ1 2024: $6.24BQ2 2024: $5.80BQ3 2024: $6.00BQ4 2024: $5.26BQ1 2025: $4.92BQ2 2025: $5.05BQ3 2025: $6.00BQ4 2025: $6.17BQ1 2026: $5.91BQ2 2026: $5.31B
Q1 2021Q2 2026
13F filings of Oaktree Capital by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 13, 2026138$5.31BTRMDEXEGTXvs. Q1 2026SEC
Q1 2026May 20, 2026Amended142$5.91BTRMDEXEAUvs. Q4 2025SEC
Q4 2025Feb 17, 2026166$6.17BEXETRMDAUvs. Q3 2025SEC
Q3 2025Nov 13, 2025159$6.00BTRMDEXEGTXvs. Q2 2025SEC
Q2 2025Aug 13, 2025174$5.05BTRMDEXEGTXvs. Q1 2025SEC
Q1 2025May 15, 2025166$4.92BTRMDEXEGTXvs. Q4 2024SEC
Q4 2024Feb 12, 2025160$5.26BTRMDEXEGTXvs. Q3 2024SEC
Q3 2024Nov 14, 2024166$6.00BTRMDEXEGTXvs. Q2 2024SEC
Q2 2024Aug 14, 2024148$5.80BTRMDEXEGTXvs. Q1 2024SEC
Q1 2024May 14, 2024167$6.24BTRMDEXEGTXvs. Q4 2023SEC
Q4 2023Feb 13, 2024184$6.37BTRMDEXEGTXvs. Q3 2023SEC
Q3 2023Nov 13, 2023199$6.58BTRMDEXEGTXvs. Q2 2023SEC
Q2 2023Aug 14, 2023236$7.38BTRMDEXESBLKvs. Q1 2023SEC
Q1 2023Aug 25, 2023Amended299$8.88BTRMDEXEGarrett Motion Inc.vs. Q4 2022SEC
Q4 2022Apr 21, 2023Amended343$9.22BTRMDEXEGarrett Motion Inc.vs. Q3 2022SEC
Q3 2022Nov 14, 2022378$8.83BTRMDEXEVSTvs. Q2 2022SEC
Q2 2022Aug 15, 2022380$8.39BEXETRMDSBLKvs. Q1 2022SEC
Q1 2022May 16, 2022352$9.42BEXESBLKVSTvs. Q4 2021SEC
Q4 2021Feb 16, 2022Amended340$8.64BEXEVSTSBLKvs. Q3 2021SECSEC
Q3 2021Dec 14, 2021Amended237$6.83BEXESBLKVSTvs. Q2 2021SECSECSECSEC
Q2 2021Aug 25, 2021Amended190$7.41BEXESBLKVSTvs. Q1 2021SECSEC
Q1 2021Jun 4, 2021Amended182$7.17BSBLKVSTEXE–SEC

13D and 13G filings

Companies where Oaktree Capital reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

3 companies, largest stake first.

Companies where Oaktree Capital owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
KRSPRice Acquisition Corp 313G8.02%2.80M sharesNewFeb 17, 20261 filingFeb 17, 2026SEC
MATWMatthews International Corp13G6.17%1.93M sharesNewAug 10, 20261 filingAug 10, 2026SEC
QMCOQuantum Corp13G5.11%2.01M sharesNewAug 10, 20261 filingAug 10, 2026SEC

Latest filings

54 filings on file made by Oaktree Capital or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Oaktree Capital
CompanyFiled (ET)FilerFormStakeChangeEvent dateFiling
MINEMayfair Gold Corp.Aug 20, 20268:00 PM ETOaktree Capital Holdings, LLCand 3 others13G8.19%5.50M sharesNewJun 30, 2026SEC
MATWMatthews International CorpAug 10, 20264:22 PM ETOaktree Capital Management LPSuperinvestorOaktree Capital13G6.17%1.93M sharesNewJun 30, 2026SEC
SHAZSharonAI Holdings Inc.Aug 10, 20264:19 PM ETOaktree Capital Management LPSuperinvestorOaktree Capital13G/A4.99%857.1K shares−1.26 ppfrom 6.25%Below 5%Jun 30, 2026SEC
QMCOQuantum CorpAug 10, 20264:15 PM ETOaktree Capital Management LPSuperinvestorOaktree Capital13G5.11%2.01M sharesNewJun 30, 2026SEC
SHAZSharonAI Holdings Inc.May 14, 20264:18 PM ETOaktree Capital Management LPSuperinvestorOaktree Capital13G6.25%1.00M sharesNewMar 31, 2026SEC
KRSPRice Acquisition Corp 3Feb 17, 20264:00 PM ETOaktree Capital Management LPSuperinvestorOaktree Capital13G8.02%2.80M sharesNewDec 31, 2025SEC
NBRNabors Industries LtdJan 23, 20265:02 PM ETOaktree Capital Holdings, LLCand 2 others13G/A0.83%121.7K shares−4.29 ppfrom 5.12%Below 5%Dec 31, 2025SEC
NBRNabors Industries LtdOct 6, 20255:22 PM ETOaktree Capital Holdings, LLCand 2 others13G5.12%809.0K sharesNewSep 29, 2025SEC
STRSitio Royalties Corp.Aug 21, 20259:19 PM ETOaktree Capital Management LPand 6 othersSuperinvestorOaktree Capital13D/A0.00%0 shares−16.62 ppfrom 16.62%Below 5%Aug 19, 2025SEC
STRSitio Royalties Corp.Jun 4, 20259:49 PM ETOaktree Capital Management LPand 9 othersSuperinvestorOaktree Capital13D/A16.62%15.5M shares–Jun 2, 2025SEC
BTAIQBioXcel Therapeutics, Inc.May 15, 20254:15 PM ETOaktree Capital Group Holdings GP, LLCand 3 others13G/A2.73%170.2K shares−2.47 ppfrom 5.20%Below 5%Mar 31, 2025SEC
VCSAVacasa, Inc.Mar 25, 20258:24 PM ETOaktree Capital Group Holdings GP, LLCand 7 others13D/A6.73%1.38M shares–Mar 21, 2025SEC
BTAIQBioXcel Therapeutics, Inc.Dec 18, 20248:19 PM ETOaktree Capital Group Holdings GP, LLCand 3 others13G5.20%2.72M sharesNewNov 25, 2024SEC
OCSLOaktree Specialty Lending CorpAug 7, 2023Oaktree Capital Management LPSuperinvestorOaktree Capital13D/AOld format–––SEC
OCSLOaktree Specialty Lending CorpAug 1, 2023Oaktree Capital Management LPSuperinvestorOaktree Capital13D/AOld format–––SEC
STRSitio Royalties Corp.Jun 23, 2023Oaktree Capital Management LPSuperinvestorOaktree Capital13D/AOld format–––SEC
GTXGarrett Motion Inc.Jun 14, 2023Oaktree Capital Management LPSuperinvestorOaktree Capital13D/AOld format–––SEC
GTXGarrett Motion Inc.Jun 9, 2023Oaktree Capital Management LPSuperinvestorOaktree Capital13D/AOld format–––SEC
MXMagnachip Semiconductor CorpMay 15, 2023Oaktree Capital Management LPSuperinvestorOaktree Capital13GOld format–––SEC
GTXGarrett Motion Inc.Apr 17, 2023Oaktree Capital Management LPSuperinvestorOaktree Capital13D/AOld format–––SEC