Oaktree Capital Management 13F, Q2 2024

Name: Oaktree Capital Management 13F holdings, Q2 2024
Creator: Oaktree Capital Management

Howard Marks · quarter ending 30 June 2024 · filed 14 August 2024 · SEC CIK 949509

$5.80B

Filed US book

148

Positions

29.7%

Largest position

Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 4 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.

Largest positions, Q2 2024

The 25 largest of 148 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2024 filing.

Company	Ticker	Value	% of book	vs Q1 2024
TORM PLC		$1.72B	29.7%	-14% shares
CHESAPEAKE ENERGY CORP	EXE	$564.72M	9.7%	unchanged
GARRETT MOTION INC	GTX	$378.67M	6.5%	unchanged
SITIO ROYALTIES CORP		$305.40M	5.3%	unchanged
STAR BULK CARRIERS CORP		$194.22M	3.4%	+30% shares
ANGLOGOLD ASHANTI PLC		$159.04M	2.7%	+6% shares
INFINERA CORP		$153.32M	2.6%	unchanged
VALE SA	VALE	$142.45M	2.5%	+11% shares
RUNWAY GROWTH FINANCE CORP	RWAY	$126.77M	2.2%	-30% shares
FREEPORT-MCMORAN INC	FCX	$117.51M	2.0%	-19% shares
VISTA ENERGY SAB DE CV	VIST	$113.87M	2.0%	+3% shares
SUNOPTA INC	STKL	$111.93M	1.9%	unchanged
CEMEX SAB DE CV	CX	$93.86M	1.6%	+5% shares
CBL & ASSOCIATES PROPERTIES INC	CBL	$93.64M	1.6%	unchanged
BANCO BRADESCO SA	BBD	$77.98M	1.3%	unchanged
JD.COM INC	JD	$72.89M	1.3%	+27% shares
INDIVIOR PLC		$70.43M	1.2%	+34% shares
LIBERTY GLOBAL LTD		$66.26M	1.1%	new
PETROLEO BRASILEIRO SA	PBR	$65.30M	1.1%	-12% shares
KILROY REALTY CORP	KRC	$57.66M	1.0%	unchanged
H WORLD GROUP LTD	HTHT	$43.06M	0.7%	+6% shares
ITAU UNIBANCO HOLDING SA	ITUB	$38.81M	0.7%	-29% shares
TERNIUM SA	TX	$35.08M	0.6%	-4% shares
OAKTREE SPECIALTY LENDING CORP	OCSL	$34.84M	0.6%	unchanged
CABLE ONE INC	CABO 0 03/15/26	$34.56M	0.6%	+22% shares

What changed since Q1 2024

Against the Q1 2024 filing, Oaktree Capital Management opened 23 new positions, added to 52, trimmed 33, left 40 unchanged and exited 42. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.

New positions

LIBERTY GLOBAL LTD$66.26M
TCOM$27.53M
GGB$19.43M
GH 0 11/15/27$15.61M
OPTU$12.12M
SOUTHERN CO/THE$7.94M
SUNNOVA ENERGY INTERNATIONAL INC$6.25M
PACIRA BIOSCIENCES INC$6.03M

and 15 more

Exited

IBNwas $75.32M
EAGLE BULK SHIPPING INCwas $68.64M
BIDUwas $44.52M
NMIHwas $34.21M
LIwas $29.77M
YUMCwas $19.34M
W 1 08/15/26was $11.65M
ALRM 0 01/15/26was $10.28M

and 34 more

Added to

STAR BULK CARRIERS CORP+30%$194.22M
ANGLOGOLD ASHANTI PLC+6%$159.04M
VALE+11%$142.45M
VIST+3%$113.87M
CX+5%$93.86M
JD+27%$72.89M
INDIVIOR PLC+34%$70.43M
HTHT+6%$43.06M

and 44 more

Trimmed

TORM PLC-14%$1.72B
RWAY-30%$126.77M
FCX-19%$117.51M
PBR-12%$65.30M
ITUB-29%$38.81M
TX-4%$35.08M
ALVOTECH SA-13%$30.79M
TGS-9%$18.47M

and 25 more

Other quarters

← Q1 2024 Q3 2024 →Howard Marks's latest portfolio

Source: SEC Form 13F-HR, accession 0000949509-24-000007, filed by OAKTREE CAPITAL MANAGEMENT LP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.