Oaktree Capital Management (Howard Marks)
What Oaktree Capital Management (Howard Marks) held at the end of Q2 2026, from its 13F filed on 2026-08-14, against Q1 2026. US-listed shares only; 7 option positions left out. Its filings at the SEC ›
Value
$5.31B
Q2 2026
Positions
138
shares, no options
Top 10
47%
of the portfolio
Changes
+84 / −73
36 new, 40 sold out
Holdings at the end of Q2 2026
| Company | Share of portfolio | Shares | Value | Change |
|---|---|---|---|---|
| TRMDTORM PLC | 9.87% | 20,329,874 | $524.26M | Reduced 15% |
| EXEEXPAND ENERGY CORP | 8.99% | 5,237,477 | $477.61M | Unchanged |
| GTXGARRETT MOTION INC | 5.18% | 7,594,816 | $275.16M | Reduced 48% |
| AUANGLOGOLD ASHANTI PLC | 4.84% | 3,179,092 | $257.16M | Reduced 1% |
| INDVINDIVIOR PHARMACEUTICALS INC | 4.73% | 6,127,212 | $251.40M | Reduced 12% |
| TDSTELEPHONE AND DATA SYSTEMS INC | 3.68% | 5,282,905 | $195.52M | Added 23% |
| VNOMVIPER ENERGY INC | 3.03% | 3,791,432 | $160.76M | Unchanged |
| CORZCORE SCIENTIFIC INC | 2.41% | 4,993,708 | $127.79M | Reduced 47% |
| TLNTALEN ENERGY CORP | 2.40% | 331,117 | $127.24M | Unchanged |
| BBARRICK MINING CORP | 2.22% | 3,206,087 | $117.76M | Added 22% |
| ITUBITAU UNIBANCO HOLDING SA | 1.84% | 11,977,665 | $97.86M | Reduced 2% |
| LBTYALIBERTY GLOBAL LTD | 1.83% | 8,551,191 | $97.23M | Unchanged |
| OCSLOAKTREE SPECIALTY LENDING CORP | 1.77% | 7,872,199 | $93.99M | Added 325% |
| FCXFREEPORT-MCMORAN INC | 1.42% | 1,201,122 | $75.54M | Reduced 2% |
| AEROGRUPO AEROMEXICO SAB DE CV | 1.35% | 3,968,686 | $71.44M | Unchanged |
| KRCKILROY REALTY CORP | 1.31% | 1,850,011 | $69.32M | Unchanged |
| PEBBLEBROOK HOTEL TRUST · CONVERTIBLE BOND | 1.19% | 63,534,000 | $63.10M | Added 10% |
| BIOMARIN PHARMACEUTICAL INC · CONVERTIBLE BOND | 1.17% | 64,025,000 | $62.37M | Added 14% |
| SEA LTD · CONVERTIBLE BOND | 1.17% | 62,567,000 | $62.06M | Added 31% |
| ETSY INC · CONVERTIBLE BOND | 1.15% | 66,836,000 | $61.16M | Added 9% |
| SESEA LTD | 1.15% | 635,443 | $60.89M | New |
| LILAKLIBERTY LATIN AMERICA LTD | 1.11% | 7,559,083 | $58.89M | Added 31% |
| ENPHASE ENERGY INC · CONVERTIBLE BOND | 1.08% | 61,820,000 | $57.61M | Added 9% |
| DEXCOM INC · CONVERTIBLE BOND | 1.08% | 61,148,000 | $57.10M | Added 51% |
| BLCOBAUSCH LOMB CORP | 1.07% | 3,441,042 | $56.98M | Added 2% |
| VSATVIASAT INC | 1.07% | 630,280 | $56.61M | New |
| ECHOSTAR CORP · CONVERTIBLE BOND | 1.06% | 18,000,001 | $56.25M | Unchanged |
| MARRIOTT VACATIONS WORLDWIDE CORP · CONVERTIBLE BOND | 1.05% | 56,893,000 | $55.95M | Added 9% |
| DRAFTKINGS INC · CONVERTIBLE BOND | 1.03% | 58,501,000 | $54.48M | Added 32% |
| CONMED CORP · CONVERTIBLE BOND | 0.99% | 53,645,000 | $52.46M | Added 48% |
| MMYTMAKEMYTRIP LTD | 0.99% | 983,068 | $52.39M | New |
| RIOT PLATFORMS INC · CONVERTIBLE BOND | 0.98% | 26,000,000 | $52.28M | Reduced 67% |
| TELADOC HEALTH INC · CONVERTIBLE BOND | 0.98% | 53,624,000 | $52.26M | Added 62% |
| BENTLEY SYSTEMS INC · CONVERTIBLE BOND | 0.98% | 54,264,000 | $52.16M | Added 15% |
| MATWMATTHEWS INTERNATIONAL CORP | 0.98% | 1,925,992 | $51.85M | New |
| XPXP INC | 0.95% | 3,116,809 | $50.68M | Reduced 2% |
| UNITY SOFTWARE INC · CONVERTIBLE BOND | 0.92% | 49,426,000 | $48.64M | Added 38% |
| FIVE9 INC · CONVERTIBLE BOND | 0.89% | 53,306,000 | $47.42M | Added 145% |
| SHIFT4 PAYMENTS INC · CONVERTIBLE BOND | 0.87% | 48,444,000 | $46.26M | Added 78% |
| YPFYPF SA | 0.85% | 991,346 | $45.08M | Added 12% |
| TACTRANSALTA CORP | 0.78% | 3,000,000 | $41.49M | Reduced 53% |
| RWAYRUNWAY GROWTH FINANCE CORP | 0.74% | 7,029,667 | $39.44M | Unchanged |
| ENOVIS CORP · CONVERTIBLE BOND | 0.71% | 39,207,000 | $37.79M | New |
| AMPHASTAR PHARMACEUTICALS INC · CONVERTIBLE BOND | 0.70% | 40,880,000 | $37.20M | Added 7% |
| AFFIRM HOLDINGS INC · CONVERTIBLE BOND | 0.65% | 34,815,000 | $34.29M | Added 202% |
| ARRAY TECHNOLOGIES INC · CONVERTIBLE BOND | 0.60% | 33,985,000 | $31.62M | Added 9% |
| EMBJEMBRAER SA | 0.53% | 439,706 | $28.05M | Reduced 2% |
| SNAP INC · CONVERTIBLE BOND | 0.50% | 28,018,000 | $26.69M | Added 42% |
| ADARRAY DIGITAL INFRASTRUCTURE INC | 0.48% | 696,858 | $25.27M | Reduced 4% |
| KRSPRICE ACQUISITION CORP 3 | 0.47% | 2,400,000 | $25.20M | Unchanged |
| SHAZSHARONAI HOLDINGS INC | 0.46% | 289,456 | $24.51M | Reduced 71% |
| SPECTRUM BRANDS HOLDINGS INC · CONVERTIBLE BOND | 0.46% | 23,452,000 | $24.50M | Reduced 10% |
| TXTERNIUM SA | 0.46% | 572,324 | $24.44M | Reduced 2% |
| QMCOQUANTUM CORP | 0.42% | 2,011,678 | $22.13M | New |
| WINNEBAGO INDUSTRIES INC · CONVERTIBLE BOND | 0.35% | 20,074,000 | $18.72M | Added 114% |
| BLOCK INC · CONVERTIBLE BOND | 0.32% | 17,983,000 | $17.07M | Added 64% |
| SNAP INC · CONVERTIBLE BOND | 0.30% | 17,474,000 | $16.10M | Added 191% |
| SMPLSIMPLY GOOD FOODS CO/THE | 0.30% | 1,203,889 | $15.99M | Added 7% |
| COGENT BIOSCIENCES INC · CONVERTIBLE BOND | 0.28% | 11,890,000 | $14.76M | Added 16% |
| SGRYSURGERY PARTNERS INC | 0.27% | 862,588 | $14.49M | New |
| BLACKSTONE MORTGAGE TRUST INC · CONVERTIBLE BOND | 0.26% | 14,064,000 | $14.06M | Added 9% |
| UPWORK INC · CONVERTIBLE BOND | 0.26% | 14,154,000 | $14.05M | Added 13% |
| WORKIVA INC · CONVERTIBLE BOND | 0.26% | 14,970,000 | $14.03M | New |
| ETSY INC · CONVERTIBLE BOND | 0.26% | 11,974,000 | $13.91M | New |
| REDFIN CORP · CONVERTIBLE BOND | 0.26% | 14,041,000 | $13.55M | Added 53% |
| STARWOOD PROPERTY TRUST INC · CONVERTIBLE BOND | 0.23% | 11,894,933 | $12.07M | New |
| SNOWFLAKE INC · CONVERTIBLE BOND | 0.22% | 7,147,000 | $11.90M | Added 347% |
| NABORS INDUSTRIES LTD · CONVERTIBLE BOND | 0.21% | 11,880,000 | $11.29M | Reduced 26% |
| AEROVIRONMENT INC · CONVERTIBLE BOND | 0.21% | 11,799,000 | $11.28M | Added 14% |
| ITRON INC · CONVERTIBLE BOND | 0.21% | 11,216,000 | $11.20M | Added 8% |
| ZIFF DAVIS INC · CONVERTIBLE BOND | 0.21% | 11,230,000 | $11.13M | Added 11% |
| MINEMAYFAIR GOLD CORP | 0.21% | 4,500,000 | $11.07M | Unchanged |
| ARROWHEAD PHARMACEUTICALS INC · CONVERTIBLE BOND | 0.21% | 9,146,000 | $10.95M | Reduced 17% |
| BMMBLUE MOON METALS INC | 0.20% | 1,685,000 | $10.69M | Unchanged |
| ENVISTA HOLDINGS CORP · CONVERTIBLE BOND | 0.19% | 10,206,000 | $10.25M | Reduced 36% |
| CLOUDFLARE INC · CONVERTIBLE BOND | 0.19% | 8,050,000 | $10.20M | New |
| RAPID7 INC · CONVERTIBLE BOND | 0.18% | 10,061,000 | $9.71M | Added 503% |
| FRESHPET INC · CONVERTIBLE BOND | 0.17% | 7,913,000 | $9.20M | New |
| ALPHATEC HOLDINGS INC · CONVERTIBLE BOND | 0.17% | 9,177,000 | $9.14M | New |
| SMRTSMARTRENT INC | 0.17% | 7,505,294 | $8.93M | Unchanged |
| UPSTART HOLDINGS INC · CONVERTIBLE BOND | 0.16% | 8,312,000 | $8.28M | Added 71% |
| SITIME CORP · CONVERTIBLE BOND | 0.15% | 7,300,000 | $8.10M | New |
| REDWOOD TRUST INC · CONVERTIBLE BOND | 0.15% | 7,881,000 | $8.00M | Reduced 4% |
| DOORDASH INC · CONVERTIBLE BOND | 0.15% | 8,089,000 | $7.98M | New |
| JD.COM INC · CONVERTIBLE BOND | 0.15% | 8,065,000 | $7.93M | Reduced 27% |
| ALARM.COM HOLDINGS INC · CONVERTIBLE BOND | 0.15% | 8,171,000 | $7.77M | Added 711% |
| PENNYMAC MORTGAGE INVESTMENT TRUST · CONVERTIBLE BOND | 0.14% | 7,101,000 | $7.27M | Added 79% |
| CERENCE INC · CONVERTIBLE BOND | 0.14% | 7,887,000 | $7.24M | Added 33% |
| CELCUITY INC · CONVERTIBLE BOND | 0.13% | 6,250,000 | $7.13M | New |
| MXMAGNACHIP SEMICONDUCTOR CORP | 0.13% | 1,500,000 | $7.09M | Reduced 47% |
| WORKIVA INC · CONVERTIBLE BOND | 0.13% | 7,100,000 | $7.06M | New |
| CRACKER BARREL OLD COUNTRY STORE INC · CONVERTIBLE BOND | 0.13% | 6,708,000 | $6.87M | New |
| ETSY INC · CONVERTIBLE BOND | 0.13% | 7,233,000 | $6.86M | New |
| PAGERDUTY INC · CONVERTIBLE BOND | 0.13% | 7,125,000 | $6.69M | Added 20% |
| LILALIBERTY LATIN AMERICA LTD | 0.12% | 839,020 | $6.58M | Unchanged |
| SAREPTA THERAPEUTICS INC · CONVERTIBLE BOND | 0.12% | 6,709,000 | $6.34M | New |
| LCI INDUSTRIES · CONVERTIBLE BOND | 0.12% | 5,650,000 | $6.34M | New |
| UBER TECHNOLOGIES INC · CONVERTIBLE BOND | 0.12% | 5,400,000 | $6.25M | New |
| BILL HOLDINGS INC · CONVERTIBLE BOND | 0.12% | 6,330,000 | $6.13M | Added 91% |
| GREEN PLAINS INC · CONVERTIBLE BOND | 0.09% | 4,998,000 | $4.95M | Unchanged |
| GLADSTONE CAPITAL CORP · CONVERTIBLE BOND | 0.09% | 4,999,000 | $4.82M | Added 163% |
| STRATEGY INC · CONVERTIBLE BOND | 0.09% | 5,451,000 | $4.71M | Reduced 55% |
| FIRSTENERGY CORP · CONVERTIBLE BOND | 0.09% | 4,280,000 | $4.68M | New |
| RUBRIK INC · CONVERTIBLE BOND | 0.09% | 4,504,000 | $4.61M | New |
| NORTHERN OIL & GAS INC · CONVERTIBLE BOND | 0.08% | 4,614,000 | $4.43M | Added 131% |
| BATLBATTALION OIL CORP | 0.07% | 3,009,912 | $3.94M | Unchanged |
| DPCDPC HOLDINGS LTD | 0.07% | 75,000 | $3.68M | New |
| RIVIAN AUTOMOTIVE INC · CONVERTIBLE BOND | 0.07% | 3,400,000 | $3.63M | Added 162% |
| ZIFF DAVIS INC · CONVERTIBLE BOND | 0.07% | 3,496,000 | $3.50M | Unchanged |
| TRANSMEDICS GROUP INC · CONVERTIBLE BOND | 0.06% | 3,131,000 | $3.40M | New |
| SERVICE PROPERTIES TRUST | 0.06% | 1,988,382 | $3.36M | New |
| WEC ENERGY GROUP INC · CONVERTIBLE BOND | 0.06% | 3,214,000 | $3.34M | New |
| AKAMAI TECHNOLOGIES INC · CONVERTIBLE BOND | 0.06% | 2,631,000 | $3.14M | Reduced 51% |
| NORWEGIAN CRUISE LINE HOLDINGS LTD · CONVERTIBLE BOND | 0.05% | 2,874,000 | $2.85M | New |
| NUTANIX INC · CONVERTIBLE BOND | 0.05% | 2,200,000 | $2.48M | Reduced 71% |
| MGP INGREDIENTS INC · CONVERTIBLE BOND | 0.05% | 2,515,000 | $2.45M | Reduced 60% |
| UBER TECHNOLOGIES INC · CONVERTIBLE BOND | 0.05% | 2,000,000 | $2.40M | Unchanged |
| LIVE NATION ENTERTAINMENT INC · CONVERTIBLE BOND | 0.04% | 1,813,000 | $2.17M | Unchanged |
| HAEMONETICS CORP · CONVERTIBLE BOND | 0.04% | 2,090,000 | $2.12M | Added 150% |
| DATADOG INC · CONVERTIBLE BOND | 0.04% | 1,400,000 | $1.99M | Reduced 82% |
| BTAIQBIOXCEL THERAPEUTICS INC | 0.04% | 1,380,248 | $1.95M | Added 472% |
| NNBRNN INC | 0.03% | 510,943 | $1.83M | New |
| FLUOR CORP · CONVERTIBLE BOND | 0.03% | 1,271,000 | $1.69M | Reduced 7% |
| GROUPON INC · CONVERTIBLE BOND | 0.03% | 1,677,000 | $1.66M | New |
| ON SEMICONDUCTOR CORP · CONVERTIBLE BOND | 0.03% | 1,250,000 | $1.51M | New |
| TEOTELECOM ARGENTINA SA | 0.03% | 116,105 | $1.51M | Reduced 93% |
| REVOLUTION MEDICINES INC · CONVERTIBLE BOND | 0.03% | 1,150,000 | $1.44M | New |
| CXCEMEX SAB DE CV | 0.02% | 100,000 | $1.20M | Reduced 96% |
| ALVOWALVOTECH SA · WARRANT | 0.02% | 4,666,667 | $1.07M | Unchanged |
| NEOGENOMICS INC · CONVERTIBLE BOND | 0.02% | 1,045,000 | $979,683 | Reduced 81% |
| ALIBABA GROUP HOLDING LTD · CONVERTIBLE BOND | 0.02% | 750,000 | $885,750 | New |
| SNAP INC · CONVERTIBLE BOND | 0.02% | 877,000 | $873,185 | Reduced 77% |
| IMMUNOCORE HOLDINGS PLC · CONVERTIBLE BOND | 0.01% | 833,000 | $766,360 | Unchanged |
| STKLSUNOPTA INC | 0.01% | 74,314 | $406,498 | Reduced 100% |
| KRSP-WSRICE ACQUISITION CORP 3 · WARRANT | 0.01% | 399,999 | $395,999 | Unchanged |
| ALVOALVOTECH SA | 0.01% | 97,982 | $361,553 | Reduced 59% |
| SHAKE SHACK INC · CONVERTIBLE BOND | 0.00% | 270,000 | $252,112 | New |
| OPIOFFICE PROPERTIES INCOME TRUST/MD | 0.00% | 10,851 | $184,467 | New |
Sold out in Q2 2026
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Two years of filings
| Quarter | Positions | Value | Filed |
|---|---|---|---|
| 2026-06-30 | 138 positions | $5.31B | 2026-08-14 |
| 2026-03-31 | 142 positions | $5.91B | 2026-05-20 |
| 2025-12-31 | 166 positions | $6.17B | 2026-02-17 |
| 2025-09-30 | 159 positions | $6.00B | 2025-11-13 |
| 2025-06-30 | 174 positions | $5.05B | 2025-08-13 |
| 2025-03-31 | 166 positions | $4.92B | 2025-05-15 |
| 2024-12-31 | 160 positions | $5.26B | 2025-02-12 |
| 2024-09-30 | 166 positions | $6.00B | 2024-11-14 |
How to read it
A 13F lists US-listed shares and options at a quarter's end, filed up to 45 days later. “Added” and “reduced” compare the share counts of two quarter-ends; a correcting amendment replaces the original. Short positions, cash and holdings outside the US are not in it. None of this is advice.