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Focused investors/Howard Marks

Howard Marks - Oaktree Capital Management

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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Reported portfolio value

This chart traces the total value of the manager’s reported 13F equity holdings quarter by quarter, so you can see how their book has grown or shrunk over time.

Latest: $4.31B
Peak: $9.51B (Q4 2022)
Positions: 50
Reported portfolio value by quarterQuarterly total reported 13F value for this manager.$0$2.5B$5B$7.5B$10B2009201320152018202120242026PeriodReported value
Quarterly rows

This table lists every reported quarter for the manager, showing the total reported value and the number of positions in each one, so you can track the full filing history at a glance.

PeriodFiledHoldingsTotal valueDelta value
Q1 20262026-03-3150$4.31B-$220.05M(-4.9%)
Q4 20252025-12-3150$4.53B-$199.03M(-4.2%)
Q3 20252025-09-3054$4.72B+$795.02M(+20.2%)
Q2 20252025-06-3050$3.93B-$98.91M(-2.5%)
Q1 20252025-03-3151$4.03B-$428.43M(-9.6%)
Q4 20242024-12-3154$4.46B-$841.86M(-15.9%)
Q3 20242024-09-3057$5.3B+$67.68M(+1.3%)
Q2 20242024-06-3050$5.23B-$427.42M(-7.6%)
Q1 20242024-03-3156$5.66B+$281.21M(+5.2%)
Q4 20232023-12-3166$5.38B-$596.33M(-10.0%)
Q3 20232023-09-3078$5.97B-$589.48M(-9.0%)
Q2 20232023-06-30114$6.56B-$1.42B(-17.8%)
Q1 20232023-03-31170$7.99B-$1.53B(-16.1%)
Q4 20222022-12-31345$9.51B+$1.44B(+17.8%)
Q3 20222022-09-30255$8.07B+$443.43M(+5.8%)
Q2 20222022-06-30263$7.63B-$832.24M(-9.8%)
Q1 20222022-03-31239$8.46B+$8.46B(+2320676.5%)
Q4 20212021-12-311$364.7K+$332.04K(+1016.9%)
Q3 20212021-09-302$32.65K-$20.26K(-38.3%)
Q2 20212021-06-301$52.91K-$7.13M(-99.3%)
Q1 20212021-03-31185$7.18M+$7.16M(+29131.0%)
Q4 20202020-12-312$24.58K+$12.82K(+109.0%)
Q3 20202020-09-301$11.76K+$6.46K(+121.8%)
Q2 20202020-06-301$5.3K+$1.13K(+26.9%)
Q1 20202020-03-311$4.18K-$4.18B(-100.0%)
Q2 20192019-06-3081$4.18B+$310.06M(+8.0%)
Q1 20192019-03-3181$3.87B+$3.86B(+70256.2%)
Q4 20182018-12-31192$5.5M-$5.37B(-99.9%)
Q3 20182018-09-3083$5.38B+$458.42M(+9.3%)
Q2 20182018-06-3069$4.92B+$787.66M(+19.1%)
Q1 20182018-03-3170$4.13B+$4.12B(+64623.9%)
Q4 20172017-12-31203$6.38M-$4.24B(-99.8%)
Q3 20172017-09-3075$4.24B+$370.02M(+9.5%)
Q2 20172017-06-3071$3.87B-$298.07M(-7.1%)
Q1 20172017-03-3161$4.17B+$517.72M(+14.2%)
Q4 20162016-12-3160$3.66B-$756.39M(-17.1%)
Q3 20162016-09-3058$4.41B+$1.87B(+73.3%)
Q2 20162016-06-3061$2.55B+$123.64M(+5.1%)
Q1 20162016-03-3164$2.42B-$1.81B(-42.7%)
Q4 20152015-12-3161$4.23B-$79.67M(-1.8%)
Q3 20152015-09-3060$4.31B-$1.01B(-19.0%)
Q2 20152015-06-3067$5.32B-$881.5M(-14.2%)
Q1 20152015-03-3168$6.21B+$139.82M(+2.3%)
Q4 20142014-12-3165$6.07B+$2.84B(+87.8%)
Q3 20142014-09-3061$3.23B+$445.75M(+16.0%)
Q2 20142014-06-3052$2.79B+$219.3M(+8.5%)
Q1 20142014-03-3153$2.57B-$48.35M(-1.8%)
Q4 20132013-12-3156$2.61B+$474.64M(+22.2%)
Q3 20132013-09-3051$2.14B+$2.13B(+43365.1%)
Q2 20132013-06-30170$4.92M-$3.7K(-0.1%)
Q1 20132013-03-31189$4.93M-$516.85K(-9.5%)
Q4 20122012-12-31192$5.44M-$390.83K(-6.7%)
Q3 20122012-09-30195$5.83M-$289.44K(-4.7%)
Q4 20112011-12-31148$6.12M+$672.43K(+12.3%)
Q3 20112011-09-30177$5.45M-$1.53M(-21.9%)
Q2 20112011-06-30156$6.98M-$191.04K(-2.7%)
Q1 20112011-03-31180$7.17M-$5.6B(-99.9%)
Q4 20102010-12-31178$5.61B+$5.6B(+93356.7%)
Q3 20102010-09-30201$6M-$4.87B(-99.9%)
Q2 20102010-06-30185$4.88B-$644.14M(-11.7%)
Q1 20102010-03-31201$5.52B+$5.52B(+93156.2%)
Q4 20092009-12-31203$5.92M-