Oaktree Capital Management
13F Holdings and Portfolio Analysis
Howard Marks 2026 Q1 13F holdings, quarterly changes, portfolio value trend and position weight distribution.
Oaktree Capital Management Overview
Oaktree Capital Management held 146 stocks in 2026 Q1, with total market value around $6.77B.
Oaktree Capital Management's top five holdings in 2026 Q1: TORM PLC COMMON STOCK(TRMD) 9.97%, EXPAND ENERGY CORP(EXE) 8.49%, INVESCO QQQ TR(QQQ) 4.86%, ANGLOGOLD ASHANTI PLC COMMON STOCK(AU) 4.64%, GARRETT MOTION INC COMMON STOCK(GTX) 3.92%.
- Portfolio Value
- $6.77B
- Current Holdings
- 146 stocks
- New / Increased
- 36 / 37
- Reduced / Exited
- 51 / 60
Current Holdings
| 1 | TORM PLC COMMON STOCKTRMD | 0.68 | 9.97% | 23.84 -9.78% | $28.32 | $28.16 -0.54% | $6.46 | -2.59 | 7.75 | +$0.52B+335.98% | Reduced |
| 2 | EXPAND ENERGY CORPEXE | 0.57 | 8.49% | 5.24 +3.46% | $109.78 | - | $46.23 | +0.18 | 5.25 | +$0.33B+137.44% | Increased |
| 3 | INVESCO QQQ TRQQQ | 0.33 | 4.86% | 0.57 | $577.18 | $740.39 +28.28% | $577.18 | +0.57 | 0.25 | +$0.09B+28.28% | New |
| 4 | ANGLOGOLD ASHANTI PLC COMMON STOCKAU | 0.31 | 4.64% | 3.22 -16.24% | $97.36 | - | $16.61 | -0.62 | 2.75 | +$0.26B+485.98% | Reduced |
| 5 | GARRETT MOTION INC COMMON STOCKGTX | 0.27 | 3.92% | 14.59 -14.62% | $18.17 | - | $15.36 | -2.50 | 5.00 | +$0.04B+18.32% | Reduced |
| 6 | Indivior Pharmaceuticals Inc COMMON STOCKINDV | 0.21 | 3.14% | 6.98 | $30.48 | $36.02 +18.18% | $30.48 | +6.98 | 0.25 | +$0.04B+18.18% | New |
| 7 | INDIVIOR PHARMACEUTICALS INC COMMON STOCKINDV | 0.21 | 3.14% | 6.98 | $30.48 | $36.02 +18.18% | $30.48 | +6.98 | 0.25 | +$0.04B+18.18% | New |
| 8 | CORE SCIENTIFIC INC COMMON STOCKCORZ | 0.19 | 2.84% | 12.85 +24.15% | $14.96 | - | $16.32 | +2.50 | 0.75 | -$0.02B-8.34% | Increased |
| 9 | STATE STREET SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF ETFXOP | 0.18 | 2.69% | 1.00 | $181.83 | $163.99 -9.81% | $181.83 | +1.00 | 0.25 | -$0.02B-9.81% | New |
| 10 | TELEPHONE AND DATA SYSTEMS INC COMMON STOCKTDS | 0.18 | 2.67% | 4.29 +16.37% | $42.10 | - | $39.64 | +0.60 | 0.75 | +$0.01B+6.20% | Increased |
| 11 | VIPER ENERGY INC COMMON STOCKVNOM | 0.18 | 2.63% | 3.79 -39.68% | $46.99 | - | $38.22 | -2.49 | 0.75 | +$0.03B+22.95% | Reduced |
| 12 | TALEN ENERGY CORP COMTLN | 0.15 | 2.27% | 0.48 -23.77% | $319.23 | $379.64 +18.92% | $437.11 | -0.15 | 1.75 | -$0.03B-13.15% | Reduced |
| 13 | SUNOPTA INC COMMON STOCKSTKL | 0.13 | 1.98% | 20.73 - | $6.48 | - | $9.78 | 0.00 | 9.25 | -$0.07B-33.79% | Held |
| 14 | Petróleo Brasileiro S.A. - PetrobrasPBR | 0.13 | 1.87% | 6.09 | $20.75 | $18.77 -9.54% | $20.75 | +6.09 | 0.25 | -$0.01B-9.54% | New |
| 15 | BARRICK MINING CORPB | 0.11 | 1.58% | 2.62 -11.77% | $40.79 | - | $21.34 | -0.35 | 1.00 | +$0.05B+91.12% | Reduced |
| 16 | LIBERTY GLOBAL LTD COM CL ALBTYA | 0.10 | 1.53% | 8.55 - | $12.09 | - | $16.77 | 0.00 | 2.00 | -$0.04B-27.89% | Held |
| 17 | ITAU UNIBANCO HOLDING SA COMMON STOCKITUB | 0.10 | 1.51% | 12.19 -11.82% | $8.38 | - | $6.24 | -1.63 | 1.25 | +$0.03B+34.31% | Reduced |
| 18 | JETBLUE AIRWAYS CORP Convertible BondCUSIP 477143AP6可转换债券 | 0.09 | 1.40% | 95.09 +5.04% | $1.00 | - | $0.94 | +4.56 | 4.00 | +$0.01B+6.58% | Increased |
| 19 | RIOT PLATFORMS INC Convertible BondCUSIP 767292AB1可转换债券 | 0.09 | 1.36% | 79.66 -2.80% | $1.15 | - | $1.13 | -2.30 | 0.50 | +$0.00B+1.65% | Reduced |
| 20 | NOKIA OYJ COMMON STOCKNOK | 0.09 | 1.33% | 11.20 -40.27% | $8.04 | - | $5.27 | -7.55 | 1.25 | +$0.03B+52.56% | Reduced |
| 21 | TRANSALTA CORP COMMON STOCKTAC | 0.08 | 1.24% | 6.42 - | $13.11 | - | $9.67 | 0.00 | 1.25 | +$0.02B+35.59% | Held |
| 22 | CBL & ASSOCIATES PROPERTIES INC COMMON STOCKCBL | 0.08 | 1.22% | 2.15 -14.45% | $38.43 | - | $32.04 | -0.36 | 4.50 | +$0.01B+19.96% | Reduced |
| 23 | Freeport-McMoRan Inc.FCX | 0.07 | 1.06% | 1.22 -12.22% | $58.78 | $41.18 -29.94% | $35.02 | -0.17 | 4.75 | +$0.01B+17.58% | Reduced |
| 24 | ECHOSTAR CORP Convertible BondCUSIP 278768AB2可转换债券 | 0.06 | 0.95% | 18.00 +0.00% | $3.57 | - | $3.34 | +0.00 | 0.50 | +$0.00B+6.94% | Increased |
| 25 | XP INC COMMON STOCKXP | 0.06 | 0.89% | 3.17 -4.46% | $19.04 | - | $17.85 | -0.15 | 0.75 | +$0.00B+6.66% | Reduced |
Showing 1-25 of 146
"Holding Period (yrs)" is the latest uninterrupted holding duration, calculated by dividing continuous reported quarters by 4.
Cost basis is an estimate and can differ materially from the actual cost, especially in edge cases.
Cost basis estimate: from the latest uninterrupted holding period, new or increased shares are added to the cost pool at the report price; reductions remove shares at the then-average cost. Example: buy 100 shares at $10 in Q1 and add 50 shares at $16 in Q2, estimated cost basis is (100 x 10 + 50 x 16) / 150 = $12 per share.
Return shows estimated dollar return on top and percentage return below. It uses current price when available, otherwise report price.
Exited Holdings
Stocks no longer disclosed in the current 13F portfolio for 2026 Q1.
Showing 1-25 of 60
Exited holdings are stocks disclosed in the previous report period but no longer disclosed in the current 13F portfolio.
"Holding Period (yrs)" is the latest uninterrupted holding duration, calculated by dividing continuous reported quarters by 4.
Cost basis uses the same weighted cost-pool method as current holdings. Estimated exit price uses the current report period weighted report price when available, otherwise the previous report price; it does not represent the actual sale price.
Exit return shows estimated dollar return on top and percentage return below.
Portfolio Visuals
Track portfolio value, position weights and Top 10 history.