Howard Marks portfolio: stocks, buys and sells →
Oaktree Capital Management: full 13F, sectors and history
Investment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Oaktree Capital Management reported a $3.8 bn portfolio of 49 companies (51 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are TRMD, EXE, GTX. During the quarter it opened Sea and Viasat and exited Petrobras - Petroleo Brasileiro and Nokia.
Sections with a free account
What it reported after the quarter end (Q2 2026)
The 13F shows the portfolio as of Jun 30, 2026. Since then Oaktree Capital Management has filed these own trades with the SEC (Form 4, when it owns more than 10% of a company or holds a role in it) and stakes above 5% (13D and 13G). It is not everything it did: only what it must report before the next 13F.
- SoldQVC GroupQVCG$81.0K
Form 4 · 5,224 shares · trade of Aug 20 · filed Oct 15, 2026 · filing ↗
- 13G/AMatthews InternationalMATW6.2 % → 9.7 %
Stake reported in the company · event of Oct 20, 2026 · filed Oct 20, 2026 · filing ↗
- 13GQuantumQMCO5.1 %
Stake reported in the company · event of Jun 30, 2026 · filed Aug 10, 2026 · filing ↗
- 13G/ASharonAI HoldingsSHAZ6.3 % → 5 %
Stake reported in the company · event of Jun 30, 2026 · filed Aug 10, 2026 · filing ↗
What changed this quarter
45 positions with a change (8 new, 8 added to, 18 trimmed, 11 sold); also, 2 entered through an IPO. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Garrett Motion−48%fewer sharesReduced6.2% → 7.3%
- Petrobras - Petroleo Brasileiro−2.9 ppof portfolioSold out2.9% → —
- Sunopta−99.6%fewer sharesReduced3.1% → under 0.1%
- Core Scientific−47%fewer sharesReduced3.2% → 3.4%
- Torm−15%fewer sharesReduced15.7% → 13.9%
- Nokia−2.1 ppof portfolioSold out2.1% → —
- CBL & Associates Properties−1.9 ppof portfolioSold out1.9% → —
- Oaktree Specialty Lending+325%more sharesIncreased0.5% → 2.5%
- Sea+1.4 ppof portfolioNew— → 1.6%
- Viasat+1.3 ppof portfolioNew— → 1.5%
- MakeMyTrip+1.2 ppof portfolioNew— → 1.4%
- Matthews International+1.2 ppof portfolioNew— → 1.4%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- TormTRMD13.9%
- Expand EnergyEXE12.6%
- Garrett MotionGTX7.3%
- AngloGold AshantiAU6.8%
- Indivior PharmaceuticalsINDV6.7%
- Telephone and Data SystemsTDS5.2%
- Viper EnergyVNOM4.3%
- Core ScientificCORZ3.4%
- Talen EnergyTLN3.4%
- Barrick MiningB3.1%
- Itau Unibanco HoldingITUB2.6%
- Liberty GlobalLBTYA2.6%
- Oaktree Specialty LendingOCSL2.5%
- Freeport-McMoRanFCX2.0%
- Grupo Aeromexico, S.A.B. de C.V.AERO1.9%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Energy 18%
- ● Industrials 17%
- ● Materials 11%
- ● Consumer Discretionary 10%
- ● Communication Services 10%
- ● Health Care 9%
- ● No sector 7%
- ● Information Technology 7%
- ● Utilities 4%
- ● Financials 4%
- ● Real Estate 2%
- ● SPAC / vehículos 1%
How its portfolio changed (8 quarters)
Q2 2026: 51
Q2 2026: 67%
Q2 2026: 18.3%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
13F filings with amendments or confidential positions
Declared options (7)
Besides stocks, Oaktree Capital Management declared 4 puts (they gain if the stock falls) and 3 calls (they gain if it rises) with a notional of $1.9 bn. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.
- PUTState Str Spdr S&P 500 ETF TSPYnew this quarter$1.0 bn
- PUTInvesco QQQ Trust Series 1 ETFQQQ$652M
- CALLCore ScientificCORZ$128M
- PUTLyondellbasell IndustriesLYB$47.4M
- PUTVisteonVCnew this quarter$39.7M
- CALLBitdeer Technologies GroupBTDRnew this quarter$11.9M
- CALLMagnachip SemiconductorMXnew this quarter$4.7M
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Aug 17, 2026 (high confidence).
The data, as reported: OAKTREE CAPITAL MANAGEMENT, L.P. (CRD 106793): 7.B private funds: 221 hedge, 7 pe, 41 titulizacion, 15 other (gross assets $108.8 bn); 5.D assets by client type: pooled vehicles 81%, insurers 9%, pension plans 5% (of $183.3 bn)
The type comes from a rule applied to that data. If it looks wrong, tell us.
Not counted as a concentrated manager: more than 20% is options. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided
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