Asset Manager · CIK 0000949509
Howard Marks
Oaktree Capital
Howard Marks runs Oaktree Capital, an asset manager overseeing $6.17T in disclosed equity holdings (SEC CIK 0000949509). The latest portfolio (2025Q4) discloses 166 positions across 11 sectors, with the largest positions in EXE, TORM PLC and ANGLOGOLD ASHANTI PLC. On a mark-to-market basis the tracked portfolio has returned 40.2% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.
Portfolio
$6.17T
Positions
166
Quarter
2025Q4
Filings tracked
40
Capital flow per quarter
BuysSellsNet
Latest · 2025Q4
-$9.31T
Lifetime buys
$7.79T
Lifetime sells
$19.20T
Quarter activity
What changed in 2023Q3 — net new, added, trimmed, exited.
New positions36 names
- G0378LANGLOGOLD ASHANTI PLC+5,428,819$85.8M
- 269442EAGLE BULK SHIPPING INC+40,495,000$57.5M
- BXMT 5.5 03/15/27BLACKSTONE MORTGAGE TRUST IN+17,771,000$15.9M
- 256163DOCUSIGN INC+14,592,000$14.4M
- AGCN 0.375 01/15/27FIRST MAJESTIC SILVER CORP+18,030,000$13.6M
- DBDDIEBOLD NIXDORF INC+590,774$11.2M
- BHCBAUSCH HEALTH COS INC+1,300,000$10.7M
- JFRNUVEEN FLOATING RATE INCOME+1,192,691$9.8M
- EEFT 0.75 03/15/49EURONET WORLDWIDE INC+8,771,000$8.1M
- W 0.625 10/01/25WAYFAIR INC+8,471,000$7.3M
- 090040BILIBILI INC+7,858,000$7.0M
- PEB 1.75 12/15/26PEBBLEBROOK HOTEL TR+7,436,000$6.2M
- + 24 more…
Added to40 names
- JDJD.COM INC+695,180$20.3M
- VALEVALE S A+911,385$12.2M
- DQDAQO NEW ENERGY CORP+320,789$9.7M
- LYFT 1.5 05/15/25LYFT INC+7,690,000$7.1M
- SQMSOCIEDAD QUIMICA Y MINERA DE+116,495$7.0M
- TRIP 0.25 04/01/26TRIPADVISOR INC+6,488,000$5.5M
- 42703MHERBALIFE NUTRITION LTD+5,475,000$5.4M
- INVA 2.125 03/15/28INNOVIVA INC+5,669,000$4.7M
- 59064RMESA LABS INC+3,890,000$3.5M
- 53069QLIBERTY LATIN AMERICA LTD+3,707,000$3.5M
- 55272XMFA FINL INC+3,043,000$3.1M
- FCXFREEPORT-MCMORAN INC+78,500$2.9M
- + 28 more…
Trimmed66 names
- VSTVISTRA CORP−8,000,000$265.4M
- Y8162KSTAR BULK CARRIERS CORP.−10,000,000$192.8M
- EXECHESAPEAKE ENERGY CORP−349,933$30.2M
- IBNICICI BANK LIMITED−1,189,531$27.5M
- PBRPETROLEO BRASILEIRO SA PETRO−1,655,559$24.8M
- BRYBERRY CORP−3,000,000$24.6M
- 05501UAZUL S A−2,661,073$22.9M
- FYBRFRONTIER COMMUNICATIONS PARE−1,182,003$18.5M
- L01800ALVOTECH−1,715,655$15.6M
- SHOPCN 0.125 11/01/25SHOPIFY INC−14,401,000$12.9M
- XJQCXNUVEEN CR STRATEGIES INCOME−2,522,741$12.8M
- JBLU 0.5 04/01/26JETBLUE AIRWAYS CORP−14,391,000$11.2M
- + 54 more…
Exited73 names
- ALLYALLY FINL INC−4,600,000$124.2M
- 035128ANGLOGOLD ASHANTI LIMITED−4,728,622$99.7M
- 269442EAGLE BULK SHIPPING INC−40,495,000$62.0M
- W 1 08/15/26WAYFAIR INC−30,350,000$25.1M
- VVRINVESCO SR INCOME TR−6,300,000$24.3M
- 647551NEW MTN FIN CORP−11,951,000$11.9M
- YPFYPF SOCIEDAD ANONIMA−764,952$11.4M
- ABNB 0 03/15/26AIRBNB INC−11,153,000$9.8M
- 45845PINTERCEPT PHARMACEUTICALS IN−9,506,000$9.6M
- 61244MMONTEREY CAP ACQUISITION COR−792,000$8.3M
- 395366GREENLIGHT CAP RE LTD−8,363,000$8.2M
- 67067YNUVEEN SR INCOME FD−1,669,270$7.6M
- + 61 more…
Recent transactions
Last 20 moves
SOLD
EVOLENT HEALTH INC 3.500 12/01/29 CVT
−1,015,000
~$0.81 · 2025Q4
2026-02-17
TRIM
AEROVIRONMENT INC
−2,000,000
~$1.09 · 2025Q4
2026-02-17
NEW
CHEESECAKE FACTORY INC/THE
+1,960,000
~$0.99 · 2025Q4
2026-02-17
ADD
ALARM COM HLDGS INC
+2,441,000
~$1.00 · 2025Q4
2026-02-17
TRIM
LIBERTY LATIN AMERICA LTD
−921,043
~$7.46 · 2025Q4
2026-02-17
NEW
RICE ACQUISITION CORP 3
+399,999
~$0.80 · 2025Q4
2026-02-17
ADD
ZIFF DAVIS INC
+3,715,000
~$0.98 · 2025Q4
2026-02-17
TRIM
PPL CAP FDG INC
−61,000
~$1.10 · 2025Q4
2026-02-17
ADD
ARRAY TECHNOLOGIES INC
+8,595,000
~$0.91 · 2025Q4
2026-02-17
ADD
CERENCE INC
+2,544,000
~$0.90 · 2025Q4
2026-02-17
TRIM
INDIVIOR PLC
−250,676,754
~$35.88 · 2025Q4
2026-02-17
ADD
HAEMONETICS CORP MASS
+5,784,000
~$0.99 · 2025Q4
2026-02-17
ADD
DAYFORCE INC
+9,969,000
~$0.99 · 2025Q4
2026-02-17
ADD
BLOCK INC
+10,229,000
~$0.99 · 2025Q4
2026-02-17
ADD
NABORS INDUSTRIES INC 1.750 06/15/29 CVT
+11,230,000
~$0.81 · 2025Q4
2026-02-17
SOLD
TRAVERE THERAPEUTICS INC
−9,213,000
~$1.13 · 2025Q4
2026-02-17
TRIM
BRIDGEBIO PHARMA INC
−8,207,000
~$1.13 · 2025Q4
2026-02-17
TRIM
UPSTART HOLDINGS INC
−4,244,000
~$0.97 · 2025Q4
2026-02-17
TRIM
SHAKE SHACK INC
−6,030,000
~$0.95 · 2025Q4
2026-02-17