As of Q1 2026, this manager reported 50 long-equity positions worth $4.31B in aggregate.
It also disclosed $551.1M of put notional and $100.24M of call notional. Notional is the contracts’ face value, not the premium paid, so it is reported separately from the equity above — see the Options section below.
As of Q1 2026, Howard Marks's Oaktree Capital Management held 50 long-equity positions with a reported value of $4.31B.
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These are the positions the manager opened or added to this quarter, showing where they put more money to work. The quarter shown is Q1 2026.
| Ticker | Security | Activity | % portfolio | Shares | Value | Reported price | Q range |
|---|---|---|---|---|---|---|---|
| - | AMERICAN WATER CAPITAL CORPCUSIP 03040WBE4 | Add +1532.3% | — | 55,921,000 | $55.84M | — | - |
| - | BENTLEY SYSTEMS INCCUSIP 08265TAD1 | Add +598.3% | — | 46,995,000 | $44.69M | — | - |
| TCOM 1 07/01/20 | TRIP.COM GROUP LTDCUSIP 89677QAB3 | Add +538.2% | — | 7,588,000 | $7.87M | — | - |
| - | UNITY SOFTWARE INCCUSIP 91332UAB7 | Add +296.0% | — | 35,941,000 | $34.97M | — | - |
| NTNX | NUTANIX INC | Add +280.0% | — | 7,600,000 | $7.76M | $1.02 | $35.39 - $54.15(0%)$50.60 -> $38.01 |
| - | GLADSTONE CAPITAL CORPCUSIP 376535AG5 | Add +151.7% | — | 1,898,000 | $1.78M | — | - |
| - | AFFIRM HOLDINGS INCCUSIP 00827BAB2 | Add +120.8% | — | 11,537,000 | $11.19M | — | - |
| - | STRATEGY INCCUSIP 594972AS0 | Add +109.6% | — | 12,080,000 | $10.06M | — | - |
| PENN | PENN ENTERTAINMENT INC | Add +93.1% | — | 9,562,000 | $9.56M | $1.00 | $11.65 - $15.80(0%)$14.85 -> $15.03 |
| SQ | BLOCK INC | Add +86.6% | — | 37,779,000 | $37.68M | — | - |
| SQ | BLOCK INC | Add +85.0% | — | 10,982,000 | $10.29M | — | - |
| UPWK | UPWORK INC | Add +77.6% | — | 12,499,000 | $12.26M | $0.98 | $10.52 - $22.84(0%)$19.84 -> $10.96 |
| - | PARSONS CORPCUSIP 70202LAD4 | Add +77.6% | — | 2,060,000 | $2.03M | — | - |
| DKNG | DRAFTKINGS INC | Add +75.8% | — | 44,355,000 | $40.01M | $0.90 | $20.46 - $36.98(0%)$35.66 -> $21.62 |
| CORZ | CORE SCIENTIFIC INC | Add +75.0% | — | 3,500,000 | $52.36M | $14.96 | $13.56 - $20.06(22%)$15.99 -> $14.96 |
| - | STRATEGY INCCUSIP 594972AL5 | Add +69.2% | — | 2,200,000 | $2.12M | — | - |
| - | OKTA INCCUSIP 679295AF2 | Add +65.9% | — | 46,973,000 | $46.68M | — | - |
| - | DIGITALOCEAN HOLDINGS INCCUSIP 25402DAB8 | Add +58.8% | — | 2,985,000 | $2.92M | — | - |
| - | ENPHASE ENERGY INCCUSIP 29355AAK3 | Add +48.3% | — | 56,620,000 | $50.6M | — | - |
| - | PEBBLEBROOK HOTEL TRUSTCUSIP 70509VAA8 | Add +45.4% | — | 57,736,000 | $56.38M | — | - |
| DXCM | DEXCOM INC | Add +44.4% | — | 40,423,000 | $37.28M | $0.92 | $61.62 - $75.98(0%)$66.54 -> $62.80 |
| COGT | COGENT BIOSCIENCES INC | Add +33.6% | — | 10,221,000 | $12.54M | $1.23 | $32.70 - $41.35(0%)$34.74 -> $38.49 |
| BMRN | BIOMARIN PHARMACEUTICAL INC | Add +32.9% | — | 55,985,000 | $54.02M | $0.96 | $53.36 - $66.28(0%)$59.45 -> $56.49 |
| - | MARRIOTT VACATIONS WORLDWIDE CORPCUSIP 57164YAF4 | Add +29.1% | — | 52,119,000 | $50.16M | — | - |
| - | SEA LTDCUSIP 81141RAG5 | Add +23.2% | — | 47,886,000 | $46.93M | — | - |
| ETSY | ETSY INC | Add +22.0% | — | 61,196,000 | $54.79M | $0.90 | $44.00 - $64.51(0%)$57.28 -> $49.98 |
| ITRI | ITRON INC | Add +18.9% | — | 10,349,000 | $10.43M | $1.01 | $83.51 - $107.19(0%)$94.47 -> $89.63 |
| TDS | TELEPHONE AND DATA SYSTEMS INC | Add +16.4% | 4.20% | 4,292,243 | $180.7M | $42.10 | $39.36 - $47.80(32%)$41.05 -> $42.10 |
| CORZ | CORE SCIENTIFIC INC | Add +12.0% | 3.25% | 9,350,708 | $139.89M | $14.96 | $13.56 - $20.06(22%)$15.99 -> $14.96 |
| CAKE | CHEESECAKE FACTORY INC/THE | Add +10.9% | — | 2,173,000 | $2.15M | $0.99 | $50.52 - $66.50(0%)$52.81 -> $54.75 |
| - | REDWOOD TRUST INCCUSIP 758075AF2 | Add +10.6% | — | 8,247,000 | $8.37M | — | - |
| - | BLACKSTONE MORTGAGE TRUST INCCUSIP 09257WAE0 | Add +8.0% | — | 12,959,000 | $12.89M | — | - |
| AERO | GRUPO AEROMEXICO SAB DE CV | Add +5.1% | 1.29% | 3,968,686 | $55.6M | $14.01 | $12.26 - $22.41(17%)$21.95 -> $14.01 |
| JBLU | JETBLUE AIRWAYS CORP | Add +5.0% | — | 95,093,000 | $94.79M | $1.00 | $3.87 - $6.50(0%)$4.59 -> $4.42 |
| INDV | INDIVIOR PHARMACEUTICALS INC | New | 4.94% | 6,984,102 | $212.88M | $30.48 | $27.68 - $37.66(28%)$35.73 -> $30.48 |
| EXE | EXPAND ENERGY CORP | Add +3.5% | 13.36% | 5,237,477 | $574.97M | $109.78 | $98.35 - $114.81(69%)$109.77 -> $109.78 |
| PBR | PETROLEO BRASILEIRO SA - PETROBRAS | New | 2.93% | 6,089,413 | $126.36M | $20.75 | $11.48 - $21.40(93%)$11.92 -> $20.75 |
| - | DATADOG INCCUSIP 23804LAD5 | Add +2.7% | — | 7,699,000 | $7.47M | — | - |
| CRDO | CREDO TECHNOLOGY GROUP HOLDING LTD | New | 1.18% | 539,000 | $50.6M | $93.87 | $86.48 - $164.80(9%)$143.22 -> $93.87 |
| QQQ | INVESCO QQQ TRUST SERIES 1 | New | — | 570,000 | $328.99M | $577.18 | $555.60 - $636.60(27%)$613.12 -> $577.18 |
| XOP | STATE STREET SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF | New | — | 1,000,000 | $181.83M | $181.83 | $123.16 - $190.36(87%)$128.96 -> $181.83 |
| COIN 0.5 06/01/26 | COINBASE GLOBAL INCCUSIP 19260QAB3 | New | — | 52,633,000 | $52.23M | — | - |
| YPF | YPF SA | New | 0.95% | 886,465 | $40.97M | $46.22 | $32.74 - $48.96(83%)$36.29 -> $46.22 |
| - | Q2 HOLDINGS INCCUSIP 74736LAD1 | New | — | 41,053,000 | $40.88M | — | - |
| LYB | LYONDELLBASELL INDUSTRIES NV | New | — | 500,000 | $40.28M | $80.56 | $43.27 - $83.94(92%)$44.39 -> $80.56 |
| - | PROGRESS SOFTWARE CORPCUSIP 743312AB6 | New | — | 36,154,000 | $36.11M | — | - |
| EMBJ | EMBRAER SA | New | 0.62% | 447,606 | $26.56M | $59.34 | $54.28 - $80.75(19%)$65.43 -> $59.34 |
| - | SHIFT4 PAYMENTS INCCUSIP 82452JAD1 | New | — | 27,272,000 | $25.67M | — | - |
| SHAZ | SHARONAI HOLDINGS INC | New | 0.53% | 1,000,000 | $22.73M | $22.73 | $16.55 - $34.50(34%)$31.70 -> $22.73 |
| SMPL | SIMPLY GOOD FOODS CO/THE | New | 0.38% | 1,128,889 | $16.2M | $14.35 | $13.71 - $22.00(8%)$19.56 -> $14.35 |
| MINE | MAYFAIR GOLD CORP | New | 0.32% | 4,500,000 | $13.87M | $3.08 | $2.80 - $4.88(14%)$4.51 -> $3.10 |
| ARWR | ARROWHEAD PHARMACEUTICALS INC | New | — | 11,055,000 | $11.47M | $1.04 | $54.02 - $76.76(0%)$67.79 -> $62.70 |
| BMM | BLUE MOON METALS INC | New | 0.25% | 1,685,000 | $10.88M | $6.46 | $3.47 - $6.70(92%)$4.52 -> $6.54 |
| ILLUU | ILLUMINATION ACQUISITION CORP I | New | 0.17% | 750,000 | $7.44M | $9.92 | $9.90 - $9.99(22%)$9.93 -> $9.92 |
| NRG | NRG ENERGY INC | New | 0.17% | 49,028 | $7.16M | $146.14 | $139.89 - $189.96(12%)$166.16 -> $146.14 |
| AKAM | AKAMAI TECHNOLOGIES INC | New | — | 5,397,000 | $6.18M | $1.14 | $84.54 - $121.12(0%)$85.10 -> $114.85 |
| PD | PAGERDUTY INC | New | — | 5,935,000 | $5.37M | $0.90 | $5.92 - $13.06(0%)$12.39 -> $6.21 |
| - | PENNYMAC MORTGAGE INVESTMENT TRUSTCUSIP 70932AAH6 | New | — | 3,971,000 | $4.15M | — | - |
| PCG | PG&E CORP | New | — | 4,000,000 | $4.14M | $1.04 | $14.77 - $19.16(0%)$16.27 -> $17.57 |
| BKLN | INVESCO SENIOR INCOME TRUST | New | 0.09% | 200,020 | $4.08M | $20.41 | $20.11 - $21.07(31%)$21.01 -> $20.41 |
| - | JBT MAREL CORPCUSIP 477839AB0 | New | — | 2,927,000 | $2.92M | — | - |
| UBER | UBER TECHNOLOGIES INC | New | — | 2,000,000 | $2.41M | $1.20 | $68.46 - $88.24(0%)$82.86 -> $71.93 |
| - | NORTHERN OIL & GAS INCCUSIP 665531AJ8 | New | — | 2,000,000 | $2.2M | — | - |
| - | SNOWFLAKE INCCUSIP 833445AB5 | New | — | 1,600,000 | $1.89M | — | - |
| MTH | MERITAGE HOMES CORP | New | — | 1,900,000 | $1.84M | $0.97 | $58.03 - $81.77(0%)$66.23 -> $61.84 |
| - | RAPID7 INCCUSIP 753422AF1 | New | — | 1,668,000 | $1.57M | — | - |
| - | IRHYTHM TECHNOLOGIES INCCUSIP 450056AB2 | New | — | 1,350,000 | $1.48M | — | - |
| - | RIVIAN AUTOMOTIVE INCCUSIP 76954AAD5 | New | — | 1,300,000 | $1.25M | — | - |
| ALRM | ALARM.COM HOLDINGS INC | New | — | 1,008,000 | $930.51K | $0.92 | $41.50 - $52.76(0%)$51.24 -> $43.19 |
| - | IMMUNOCORE HOLDINGS PLCCUSIP 45258DAB1 | New | — | 833,000 | $751.26K | — | - |
| PDD | PDD HOLDINGS INC | New | 0.01% | 4,823 | $492.81K | $102.18 | $95.37 - $125.36(23%)$115.75 -> $102.18 |
| - | SNAP INCCUSIP 83304AAF3 | Add +0.9% | — | 19,745,000 | $18.73M | — | - |
| - | ECHOSTAR CORPCUSIP 278768AB2 | Add +0.0% | — | 18,000,001 | $64.34M | — | - |