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 reduced or sold out of this quarter, showing where they pulled money back. The quarter shown is Q1 2026.
| Ticker | Security | Activity | % portfolio | Shares | Value | Reported price | Q range |
|---|---|---|---|---|---|---|---|
| - | JAZZ PHARMACEUTICALS PLCCUSIP 472145AH4 | Reduce -86.2% | — | 1,461,000 | $2.07M | — | - |
| - | FLUOR CORPCUSIP 343412AJ1 | Reduce -85.4% | — | 1,371,000 | $1.69M | — | - |
| - | LIVE NATION ENTERTAINMENT INCCUSIP 538034BC2 | Reduce -81.3% | — | 1,813,000 | $1.96M | — | - |
| COIN 0.5 06/01/26 | COINBASE GLOBAL INCCUSIP 19260QAF4 | Reduce -77.5% | — | 2,364,000 | $2.2M | — | - |
| MGPI | MGP INGREDIENTS INC | Reduce -73.1% | — | 6,251,000 | $6.03M | $0.96 | $16.45 - $26.59(0%)$24.09 -> $18.39 |
| - | BANDWIDTH INCCUSIP 05988JAD5 | Reduce -69.5% | — | 4,167,000 | $3.73M | — | - |
| - | SNAP INCCUSIP 83304AAH9 | Reduce -55.3% | — | 6,000,000 | $5.48M | — | - |
| ALVO | ALVOTECH SA | Reduce -55.0% | 0.01% | 240,038 | $338.92K | $1.41 | $3.03 - $5.58(0%)$5.00 -> $3.43 |
| - | WINNEBAGO INDUSTRIES INCCUSIP 974637AF7 | Reduce -53.6% | — | 9,376,000 | $8.5M | — | - |
| CX | CEMEX SAB DE CV | Reduce -51.9% | 0.73% | 2,763,083 | $31.61M | $11.44 | $9.90 - $13.35(45%)$11.57 -> $11.44 |
| TLN | TALEN ENERGY CORP | Reduce -50.0% | — | 150,000 | $47.88M | $319.23 | $301.45 - $424.38(14%)$396.73 -> $319.23 |
| - | ENVISTA HOLDINGS CORPCUSIP 29415FAD6 | Reduce -48.1% | — | 15,977,000 | $15.91M | — | - |
| ECVT | ECOVYST INC | Reduce -43.7% | 0.71% | 2,393,791 | $30.78M | $12.86 | $9.67 - $13.27(89%)$9.91 -> $12.86 |
| - | JD.COM INCCUSIP 47215PAJ5 | Reduce -42.5% | — | 11,053,000 | $11.02M | — | - |
| NOK | NOKIA OYJ | Reduce -40.3% | 2.09% | 11,200,308 | $90.05M | $8.04 | $6.06 - $8.82(72%)$6.51 -> $8.04 |
| VNOM | VIPER ENERGY INC | Reduce -39.7% | 4.14% | 3,791,432 | $178.16M | $46.99 | $35.45 - $49.08(85%)$38.78 -> $46.99 |
| GPRE 4.125 09/01/22 | GREEN PLAINS INCCUSIP 393222AK0 | Reduce -34.9% | — | 4,998,000 | $4.98M | — | - |
| - | AEROVIRONMENT INCCUSIP 008073AA6 | Reduce -34.6% | — | 10,313,000 | $10.12M | — | - |
| - | NABORS INDUSTRIES LTDCUSIP 62957HAL9 | Reduce -32.9% | — | 16,137,000 | $14.7M | — | - |
| - | UPSTART HOLDINGS INCCUSIP 91680MAB3 | Reduce -32.4% | — | 4,869,000 | $4.8M | — | - |
| TEO | TELECOM ARGENTINA SA | Reduce -30.9% | 0.44% | 1,622,244 | $18.96M | $11.69 | $10.45 - $13.81(37%)$11.54 -> $11.69 |
| FIVN | FIVE9 INC | Reduce -28.4% | — | 21,743,000 | $18.97M | $0.87 | $14.22 - $20.77(0%)$18.81 -> $15.17 |
| POST | POST HOLDINGS INC | Reduce -26.4% | — | 1,950,000 | $2.11M | $1.08 | $94.13 - $117.28(0%)$99.63 -> $98.86 |
| SO | SOUTHERN CO/THE | Reduce -26.3% | — | 3,357,000 | $3.73M | $1.11 | $85.22 - $99.58(0%)$87.18 -> $96.52 |
| RDFN | REDFIN CORP | Reduce -22.3% | — | 9,197,000 | $8.82M | — | - |
| - | NEOGENOMICS INCCUSIP 64049MAB6 | Reduce -21.5% | — | 5,575,000 | $5.1M | — | - |
| - | CRACKER BARREL OLD COUNTRY STORE INCCUSIP 22410JAB2 | Reduce -20.9% | — | 26,175,000 | $25.66M | — | - |
| SYNA | SYNAPTICS INC | Reduce -19.9% | — | 13,815,000 | $14.32M | $1.04 | $64.53 - $97.00(0%)$75.74 -> $70.04 |
| AU | ANGLOGOLD ASHANTI PLC | Reduce -16.2% | 7.29% | 3,223,092 | $313.8M | $97.36 | $79.99 - $129.14(35%)$85.60 -> $97.36 |
| GTX | GARRETT MOTION INC | Reduce -14.6% | 6.16% | 14,594,816 | $265.19M | $18.17 | $16.84 - $21.43(29%)$17.38 -> $18.17 |
| CBL | CBL & ASSOCIATES PROPERTIES INC | Reduce -14.4% | 1.92% | 2,153,717 | $82.77M | $38.43 | $34.10 - $39.30(83%)$36.93 -> $38.43 |
| - | CELCUITY INCCUSIP 15102KAA8 | Reduce -14.3% | — | 600,000 | $1.46M | — | - |
| TDOC | TELADOC HEALTH INC | Reduce -14.1% | — | 33,070,000 | $31.71M | $0.96 | $4.40 - $8.05(0%)$7.05 -> $5.45 |
| AMPH | AMPHASTAR PHARMACEUTICALS INC | Reduce -12.7% | — | 38,036,000 | $34.46M | $0.91 | $17.03 - $29.52(0%)$26.46 -> $19.59 |
| HDB | HDFC BANK LTD | Reduce -12.4% | 0.07% | 114,261 | $2.84M | $24.88 | $23.91 - $36.73(8%)$36.48 -> $24.88 |
| FCX | FREEPORT-MCMORAN INC | Reduce -12.2% | 1.67% | 1,220,122 | $71.72M | $58.78 | $50.79 - $69.75(42%)$51.93 -> $58.78 |
| ITUB | ITAU UNIBANCO HOLDING SA | Reduce -11.8% | 2.37% | 12,188,995 | $102.14M | $8.38 | $7.21 - $9.60(49%)$7.23 -> $8.38 |
| B | BARRICK MINING CORP | Reduce -11.8% | 2.49% | 2,624,859 | $107.07M | $40.79 | $36.50 - $54.69(24%)$44.08 -> $40.79 |
| TX | TERNIUM SA | Reduce -11.5% | 0.54% | 582,924 | $23.4M | $40.15 | $36.93 - $45.57(37%)$39.13 -> $40.15 |
| CNMD | CONMED CORP | Reduce -10.3% | — | 36,189,000 | $35.12M | $0.97 | $33.21 - $47.08(0%)$40.52 -> $35.36 |
| - | CERENCE INCCUSIP 156727AD1 | Reduce -10.0% | — | 5,942,000 | $5.26M | — | - |
| TRMD | TORM PLC | Reduce -9.8% | 15.68% | 23,839,575 | $675.08M | $28.32 | $19.61 - $31.76(72%)$19.79 -> $27.90 |
| RGEN | REPLIGEN CORP | Reduce -8.5% | — | 8,997,000 | $8.79M | $0.98 | $109.66 - $175.77(0%)$164.35 -> $117.82 |
| - | LCI INDUSTRIESCUSIP 501812AB7 | Reduce -8.0% | — | 9,138,000 | $9.1M | — | - |
| - | HAEMONETICS CORPCUSIP 405024AD2 | Reduce -7.2% | — | 837,000 | $800.84K | — | - |
| - | ARRAY TECHNOLOGIES INCCUSIP 04271TAB6 | Reduce -6.7% | — | 31,046,000 | $28.19M | — | - |
| SPB | SPECTRUM BRANDS HOLDINGS INC | Reduce -5.0% | — | 26,126,000 | $26.14M | $1.00 | $58.82 - $80.42(0%)$60.04 -> $73.70 |
| MODG | CALLAWAY GOLF CO | Reduce -4.5% | — | 9,166,000 | $9.18M | — | - |
| XP | XP INC | Reduce -4.5% | 1.40% | 3,172,009 | $60.4M | $19.04 | $16.10 - $23.13(42%)$16.18 -> $19.04 |
| - | RIOT PLATFORMS INCCUSIP 767292AB1 | Reduce -2.8% | — | 79,664,000 | $91.81M | — | - |
| OPTU | OPTIMUM COMMUNICATIONS INC | Reduce -2.3% | 0.22% | 7,330,490 | $9.53M | $1.30 | $1.20 - $2.02(12%)$1.72 -> $1.30 |
| - | AFFIRM HOLDINGS INCCUSIP 00827BAD8 | Sold | — | 0 | $0 | — | - |
| - | AIRBNB INCCUSIP 009066AB7 | Sold | — | 0 | $0 | — | - |
| ALRM | ALARM.COM HOLDINGS INC | Sold | — | 0 | $0 | — | - |
| - | ASCENDIS PHARMA A/SCUSIP 04351PAD3 | Sold | — | 0 | $0 | — | - |
| BHC | BAUSCH HEALTH COS INC | Sold | — | 0 | $0 | — | - |
| BL | BLACKLINE INC | Sold | — | 0 | $0 | — | - |
| - | BRIDGEBIO PHARMA INCCUSIP 10806XAD4 | Sold | — | 0 | $0 | — | - |
| CABO | CABLE ONE INC | Sold | — | 0 | $0 | — | - |
| CRC | CALIFORNIA RESOURCES CORP | Sold | — | 0 | $0 | — | - |
| CMS | CMS ENERGY CORP | Sold | — | 0 | $0 | — | - |
| CDAY | DAYFORCE INC | Sold | — | 0 | $0 | — | - |
| - | DROPBOX INCCUSIP 26210CAC8 | Sold | — | 0 | $0 | — | - |
| - | ENPHASE ENERGY INCCUSIP 29355AAH0 | Sold | — | 0 | $0 | — | - |
| CHKEL | EXPAND ENERGY CORP | Sold | — | 0 | $0 | — | - |
| - | FASTLY INCCUSIP 31188VAB6 | Sold | — | 0 | $0 | — | - |
| - | FASTLY INCCUSIP 31188VAD2 | Sold | — | 0 | $0 | — | - |
| F | FORD MOTOR CO | Sold | — | 0 | $0 | — | - |
| - | FRESHPET INCCUSIP 358039AB1 | Sold | — | 0 | $0 | — | - |
| FTAI | FTAI AVIATION LTD | Sold | — | 0 | $0 | — | - |
| YMM | FULL TRUCK ALLIANCE CO LTD | Sold | — | 0 | $0 | — | - |
| GRAB | GRAB HOLDINGS LTD | Sold | — | 0 | $0 | — | - |
| - | GROUPON INCCUSIP 399473AF4 | Sold | — | 0 | $0 | — | - |
| - | GUARDANT HEALTH INCCUSIP 40131MAB5 | Sold | — | 0 | $0 | — | - |
| - | HAEMONETICS CORPCUSIP 405024AB6 | Sold | — | 0 | $0 | — | - |
| HLF | HERBALIFE LTD | Sold | — | 0 | $0 | — | - |
| INDV | Indivior Pharmaceuticals Inc | Sold | — | 0 | $0 | — | - |
| INFY | INFOSYS LTD | Sold | — | 0 | $0 | — | - |
| BZ | KANZHUN LTD | Sold | — | 0 | $0 | — | - |
| - | LANTHEUS HOLDINGS INCCUSIP 516544AB9 | Sold | — | 0 | $0 | — | - |
| - | LIVANOVA PLCCUSIP 53802LAB8 | Sold | — | 0 | $0 | — | - |
| - | LYFT INCCUSIP 55087PAD6 | Sold | — | 0 | $0 | — | - |
| MGNI | MAGNITE INC | Sold | — | 0 | $0 | — | - |
| MAR | MARRIOTT INTERNATIONAL INC/MD | Sold | — | 0 | $0 | — | - |
| MITK | MITEK SYSTEMS INC | Sold | — | 0 | $0 | — | - |
| - | MKS INCCUSIP 55306NAB0 | Sold | — | 0 | $0 | — | - |
| NU | NU HOLDINGS LTD/CAYMAN ISLANDS | Sold | — | 0 | $0 | — | - |
| NTNX | NUTANIX INC | Sold | — | 0 | $0 | — | - |
| ON 1 12/01/20 | ON SEMICONDUCTOR CORPCUSIP 682189AS4 | Sold | — | 0 | $0 | — | - |
| OCN | ONITY GROUP INC | Sold | — | 0 | $0 | — | - |
| ORCL | ORACLE CORP | Sold | — | 0 | $0 | — | - |
| - | PELOTON INTERACTIVE INCCUSIP 70614WAB6 | Sold | — | 0 | $0 | — | - |
| - | PENNYMAC MORTGAGE INVESTMENT TRUSTCUSIP 70932AAF0 | Sold | — | 0 | $0 | — | - |
| - | PPL CORPCUSIP 69352PAS2 | Sold | — | 0 | $0 | — | - |
| - | RINGCENTRAL INCCUSIP 76680RAH0 | Sold | — | 0 | $0 | — | - |
| - | SHAKE SHACK INCCUSIP 819047AB7 | Sold | — | 0 | $0 | — | - |
| - | SPOTIFY TECHNOLOGY SACUSIP 84921RAB6 | Sold | — | 0 | $0 | — | - |
| SBLK | STAR BULK CARRIERS CORP | Sold | — | 0 | $0 | — | - |
| SPY | STATE STREET CORP | Sold | — | 0 | $0 | — | - |
| SMMTP | SUMMIT HOTEL PROPERTIES INC | Sold | — | 0 | $0 | — | - |
| TTEK | TETRA TECH INC | Sold | — | 0 | $0 | — | - |
| - | TWO HARBORS INVESTMENT CORPCUSIP 90187BAB7 | Sold | — | 0 | $0 | — | - |
| TYL | TYLER TECHNOLOGIES INC | Sold | — | 0 | $0 | — | - |
| MTN | VAIL RESORTS INC | Sold | — | 0 | $0 | — | - |
| VALE | VALE SA | Sold | — | 0 | $0 | — | - |
| SMH | VANECK SEMICONDUCTOR ETF | Sold | — | 0 | $0 | — | - |
| - | VERTEX INCCUSIP 92538JAB2 | Sold | — | 0 | $0 | — | - |
| VSH | VISHAY INTERTECHNOLOGY INC | Sold | — | 0 | $0 | — | - |
| VIST | VISTA ENERGY SAB DE CV | Sold | — | 0 | $0 | — | - |
| WEC | WEC ENERGY GROUP INC | Sold | — | 0 | $0 | — | - |
| WT | WISDOMTREE INC | Sold | — | 0 | $0 | — | - |