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 2024Q2 — net new, added, trimmed, exited.
New positions23 names
- G61188LIBERTY GLOBAL LTD+3,801,637$66.3M
- TCOMTRIP COM GROUP LTD+585,645$27.5M
- GGBGERDAU SA+5,888,855$19.4M
- GH 0 11/15/27GUARDANT HEALTH INC+20,116,000$15.6M
- OPTUALTICE USA INC+5,939,060$12.1M
- SO 3.875 12/15/25SOUTHERN CO+7,766,000$7.9M
- NOVA 0.25 12/01/26SUNNOVA ENERGY INTL INC.+12,750,000$6.2M
- PCRX 0.75 08/01/25PACIRA BIOSCIENCES INC+6,413,000$6.0M
- TWO 6.25 01/15/26TWO HARBORS INVESTMENT CORP+4,625,000$4.4M
- NCLH 5.375 08/01/25NCL CORP LTD+3,489,000$4.3M
- GRPN 1.125 03/15/26GROUPON INC+4,835,000$4.1M
- CHGG 0.125 03/15/25CHEGG INC+4,325,000$4.0M
- + 11 more…
Added to56 names
- Y8162KSTAR BULK CARRIERS CORP.+1,858,443$45.3M
- G4766EINDIVIOR PLC+1,141,937$17.9M
- JDJD.COM INC+602,538$15.6M
- VALEVALE S A+1,236,334$13.8M
- YPFYPF SOCIEDAD ANONIMA+599,588$12.1M
- G0378LANGLOGOLD ASHANTI PLC+328,837$8.3M
- JBLU 0.5 04/01/26JETBLUE AIRWAYS CORP+7,160,000$6.3M
- CABO 0 03/15/26CABLE ONE INC+7,099,000$6.2M
- SEALTD 0.25 09/15/26SEA LTD+6,717,000$5.9M
- 91854VVACASA INC+978,160$4.8M
- CXCEMEX SAB DE CV+700,000$4.5M
- ASND 2.25 04/01/28ASCENDIS PHARMA A/S+3,987,000$4.5M
- + 44 more…
Trimmed36 names
- G89479TORM PLC−6,896,552$269.6M
- RWAYRUNWAY GROWTH FINANCE CORP−4,712,500$55.4M
- FCXFREEPORT-MCMORAN INC−555,806$27.0M
- ITUBITAU UNIBANCO HLDG S A−2,747,085$16.0M
- EXECHESAPEAKE ENERGY CORP−113,200$9.3M
- PBRPETROLEO BRASILEIRO SA PETRO−593,056$8.6M
- PRFT 0.125 11/15/26PERFICIENT INC−7,326,000$7.1M
- SEDG 0 09/15/25SOLAREDGE TECHNOLOGIES INC−5,166,000$4.7M
- L01800ALVOTECH−367,174$4.5M
- HAE 0 03/01/26HAEMONETICS CORP MASS−4,479,000$4.0M
- CAKE 0.375 06/15/26CHEESECAKE FACTORY INC/THE−4,439,000$4.0M
- VAC 3.25 12/15/27MARRIOTT VACATIONS WORLDWIDE CORP−4,319,000$4.0M
- + 24 more…
Exited42 names
- IBNICICI BANK LIMITED−2,851,796$75.3M
- Y2187AEAGLE BULK SHIPPING INC−1,098,819$68.6M
- BIDUBAIDU INC−422,866$44.5M
- NMIHNMI HLDGS INC−1,057,790$34.2M
- LILI AUTO INC−983,320$29.8M
- YUMCYUM CHINA HLDGS INC−486,057$19.3M
- W 1 08/15/26WAYFAIR INC−12,572,000$11.7M
- ALRM 0 01/15/26ALARM COM HLDGS INC−11,167,000$10.3M
- HTZHERTZ GLOBAL HLDGS INC−1,000,000$7.8M
- DAY 0.25 03/15/26DAYFORCE INC−8,255,000$7.6M
- SPOT 0 03/15/26SPOTIFY USA INC−7,834,000$7.2M
- 653656NICE LTD−5,981,000$6.3M
- + 30 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