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Howard Marks

Oaktree Capital Management · portfolio as of 2026-06-30

This quarter's moves · vs 2026-03-31

JBLUJetBlue Airways Corporation

7.3% of portfolio

Sold out
PEBPebblebrook Hotel Trust

5.2% of portfolio · +10%

Increased
BMRNBioMarin Pharmaceutical Inc.

5.2% of portfolio · +14%

Increased
TIGRUP Fintech Holding Ltd. Sponsored ADR Class A

5.1% of portfolio · +31%

Increased
DXCMDexCom, Inc.

4.7% of portfolio · +51%

Increased
DKNGDraftKings Inc.

4.5% of portfolio · +32%

Increased
CNMDCONMED Corporation

4.3% of portfolio · +48%

Increased
TDOCTeladoc Health, Inc.

4.3% of portfolio · +62%

Increased
BSYBentley Systems, Incorporated

4.3% of portfolio · +15%

Increased
AWKAmerican Water Works Company, Inc.

4.3% of portfolio

Sold out
UUnity Software Inc.

4.0% of portfolio · +38%

Increased
COINCoinbase Global, Inc.

4.0% of portfolio

Sold out
FIVNFive9, Inc.

3.9% of portfolio · +145%

Increased
FOURShift4 Payments, Inc.

3.8% of portfolio · +78%

Increased
OKTAOkta, Inc.

3.6% of portfolio

Sold out
QTWOQ2 Holdings, Inc.

3.1% of portfolio

Sold out
ENOVEnovis Corporation

3.1% of portfolio

New position
AFRMAffirm Holdings, Inc.

2.8% of portfolio · +202%

Increased
PRGSProgress Software Corporation

2.8% of portfolio

Sold out
SNAPSnap Inc.

2.2% of portfolio · +42%

Increased
WGOWinnebago Industries, Inc.

1.6% of portfolio · +114%

Increased
XYZBlock, Inc.

1.4% of portfolio · -52%

Decreased
UPWKUpwork Inc.

1.2% of portfolio · +13%

Increased
WKWorkiva Inc.

1.2% of portfolio

New position
NBRNabors Industries Ltd.

0.9% of portfolio · -26%

Decreased
AVAVAeroVironment, Inc.

0.9% of portfolio · +14%

Increased
ZDZiff Davis, Inc.

0.9% of portfolio · +11%

Increased
RPDRapid7, Inc.

0.8% of portfolio · +503%

Increased
ATECAlphatec Holdings, Inc.

0.8% of portfolio

New position
UPSTUpstart Holdings, Inc.

0.7% of portfolio · +71%

Increased
RGENRepligen Corporation

0.7% of portfolio

Sold out
DASHDoorDash, Inc.

0.7% of portfolio

New position
JDJD.com, Inc.

0.7% of portfolio · -27%

Decreased
ALRMAlarm.com Holdings, Inc.

0.6% of portfolio · +711%

Increased
CRNCCerence Inc.

0.6% of portfolio · +33%

Increased
PDPagerDuty, Inc.

0.6% of portfolio · +20%

Increased
SRPTSarepta Therapeutics, Inc.

0.5% of portfolio

New position
BILLBill.com Holdings, Inc.

0.5% of portfolio · +91%

Increased
GLADGladstone Capital Corporation

0.4% of portfolio · +163%

Increased
MSTRStrategy Inc

0.4% of portfolio · -55%

Decreased
NOGNorthern Oil and Gas, Inc.

0.4% of portfolio · +131%

Increased
BANDBandwidth Inc.

0.3% of portfolio

Sold out
NCLHNorwegian Cruise Line Holdings Ltd.

0.2% of portfolio

New position
JBTMJBT Marel Corporation

0.2% of portfolio

Sold out
DOCNDigitalOcean Holdings, Inc.

0.2% of portfolio

Sold out
MGPIMGP Ingredients, Inc.

0.2% of portfolio · -60%

Decreased
CAKEThe Cheesecake Factory Incorporated

0.2% of portfolio

Sold out
PSNParsons Corporation

0.2% of portfolio

Sold out
MTHMeritage Homes Corporation

0.1% of portfolio

Sold out
GRPNGroupon, Inc.

0.1% of portfolio

New position
SPYState Street SPDR S&P 500 ETF

0.1% of portfolio

New position
NEONeoGenomics, Inc.

0.1% of portfolio · -81%

Decreased
QQQInvesco QQQ Trust, Series 1

0.1% of portfolio · +55%

Increased
TRMDTORM plc

0.0% of portfolio · -15%

Decreased
DMAARDrugs Made In America Acquisition Corp. Rights

0.0% of portfolio · -96%

Decreased
GTXGarrett Motion Inc.

0.0% of portfolio · -48%

Decreased
CORZCore Scientific, Inc.

0.0% of portfolio · -23%

Decreased
SHAKShake Shack Inc.

0.0% of portfolio

New position
INDVIndivior Pharmaceuticals Inc

0.0% of portfolio · -97%

Decreased
TDSTelephone and Data Systems, Inc.

0.0% of portfolio · +23%

Increased
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF

0.0% of portfolio

Sold out
TLNETalen Energy Corporation

0.0% of portfolio · -31%

Decreased
BBarrick Mining Corporation

0.0% of portfolio · +22%

Increased
PBRPetróleo Brasileiro S.A. - Petrobras

0.0% of portfolio

Sold out
OCSLOaktree Specialty Lending Corporation

0.0% of portfolio · +325%

Increased
NOKNokia Oyj

0.0% of portfolio

Sold out
CBLCBL & Associates Properties, Inc.

0.0% of portfolio

Sold out
SESea Limited

0.0% of portfolio

New position
LILAKLiberty Latin America Ltd.

0.0% of portfolio · +31%

Increased
VSATViasat, Inc.

0.0% of portfolio

New position
MMYTMakeMyTrip Limited

0.0% of portfolio

New position
RIOTRiot Platforms, Inc.

0.0% of portfolio · -67%

Decreased
MATWMatthews International Corporation

0.0% of portfolio

New position
LYBLyondellBasell Industries N.V.

0.0% of portfolio · +80%

Increased
CRDOCredo Technology Group Holding Ltd

0.0% of portfolio

Sold out
YPFYPF Sociedad Anónima

0.0% of portfolio · +12%

Increased
TACTransAlta Corporation

0.0% of portfolio · -53%

Decreased
VCVisteon Corporation

0.0% of portfolio

New position
ECVTEcovyst Inc.

0.0% of portfolio

Sold out
SHAZSharonAI Holdings, Inc. Class A Common Stock

0.0% of portfolio

New position
SPBSpectrum Brands Holdings, Inc.

0.0% of portfolio · -10%

Decreased
QMCOQuantum Corporation

0.0% of portfolio

New position
COGTCogent Biosciences, Inc.

0.0% of portfolio · +16%

Increased
SGRYSurgery Partners, Inc.

0.0% of portfolio

New position
SYNASynaptics Incorporated

0.0% of portfolio

Sold out
STWDStarwood Property Trust, Inc.

0.0% of portfolio

New position
BTDRBitdeer Technologies Group

0.0% of portfolio

New position
SNOWSnowflake Inc.

0.0% of portfolio · +347%

Increased
MXMagnaChip Semiconductor

0.0% of portfolio · -12%

Decreased
MFGCDMayfair Gold Corp.

0.0% of portfolio

New position
ARWRArrowhead Pharmaceuticals, Inc.

0.0% of portfolio

New position
BMMBlue Moon Metals Inc.

0.0% of portfolio

New position
NVSTEnvista Holdings Corp

0.0% of portfolio · -36%

Decreased
NETCloudflare, Inc.

0.0% of portfolio

New position
FRPTFreshpet, Inc.

0.0% of portfolio

New position
PENNPENN Entertainment, Inc.

0.0% of portfolio

Sold out
ATUSAltice USA, Inc.

0.0% of portfolio

Sold out
CALYCallaway Golf Company

0.0% of portfolio

Sold out
SITMSiTime Corporation

0.0% of portfolio

New position
TCOMTrip.com Group Limited

0.0% of portfolio

Sold out
PMTPennyMac Mortgage Investment Trust

0.0% of portfolio · +79%

Increased
CELCCelcuity Inc.

0.0% of portfolio · +942%

Increased
CBRLCracker Barrel Old Country Store

0.0% of portfolio · -74%

Decreased
NRGNRG Energy, Inc.

0.0% of portfolio

Sold out
LCIILCI Industries

0.0% of portfolio · -38%

Decreased
UBERUber Technologies, Inc.

0.0% of portfolio · +170%

Increased
FEFirstEnergy Corp.

0.0% of portfolio

New position
RBRKRubrik, Inc.

0.0% of portfolio

New position
PCGPG&E Corporation

0.0% of portfolio

Sold out
BKLNInvesco Senior Loan ETF

0.0% of portfolio

Sold out
OSWOneSpaWorld Holdings Ltd

0.0% of portfolio

New position
RIVNRivian Automotive, Inc.

0.0% of portfolio · +162%

Increased
SOThe Southern Company

0.0% of portfolio

Sold out
TMDXTransMedics Group, Inc.

0.0% of portfolio

New position
SVCService Properties Trust

0.0% of portfolio

New position
WECWEC Energy Group, Inc.

0.0% of portfolio

New position
AKAMAkamai Technologies, Inc.

0.0% of portfolio · -51%

Decreased
HDBHDFC Bank Limited

0.0% of portfolio

Sold out
NTNXNutanix, Inc.

0.0% of portfolio · -71%

Decreased
HAEHaemonetics Corporation

0.0% of portfolio · +150%

Increased
DDOGDatadog, Inc.

0.0% of portfolio · -82%

Decreased
POSTPost Holdings, Inc.

0.0% of portfolio

Sold out
BTAIBioXcel Therapeutics, Inc.

0.0% of portfolio · +472%

Increased
JAZZJazz Pharmaceuticals plc

0.0% of portfolio

Sold out
NNBRNN, Inc.

0.0% of portfolio

New position
NEENextEra Energy, Inc.

0.0% of portfolio

Sold out
ONON Semiconductor Corporation

0.0% of portfolio

New position
TEOTelecom Argentina S.A.

0.0% of portfolio · -93%

Decreased
RVMDWRevolution Medicines, Inc. Warrant

0.0% of portfolio

New position
IRTCiRhythm Technologies, Inc.

0.0% of portfolio

Sold out
CXCEMEX, S.A.B. de C.V.

0.0% of portfolio · -96%

Decreased
BABAAlibaba Group Holding Limited

0.0% of portfolio

New position
PDDPDD Holdings Inc.

0.0% of portfolio

Sold out
STKLSunOpta Inc.

0.0% of portfolio · -100%

Decreased
OPIOffice Properties Income Trust

0.0% of portfolio

New position

Full portfolio

PEBPebblebrook Hotel Trust

63,534,000 shares · $63,095,615,000

5.2%
BMRNBioMarin Pharmaceutical Inc.

64,025,000 shares · $62,373,155,000

5.2%
TIGRUP Fintech Holding Ltd. Sponsored ADR Class A

62,567,000 shares · $62,060,207,000

5.1%
ETSYEtsy, Inc.

66,836,000 shares · $61,161,623,000

5.1%
ENPHEnphase Energy, Inc.

61,820,000 shares · $57,609,766,000

4.8%
DXCMDexCom, Inc.

61,148,000 shares · $57,096,945,000

4.7%
VACMarriott Vacations Worldwide Corporation

56,893,000 shares · $55,954,265,000

4.6%
DKNGDraftKings Inc.

58,501,000 shares · $54,482,292,000

4.5%
CNMDCONMED Corporation

53,645,000 shares · $52,464,810,000

4.3%
TDOCTeladoc Health, Inc.

53,624,000 shares · $52,256,588,000

4.3%
BSYBentley Systems, Incorporated

54,264,000 shares · $52,163,983,000

4.3%
UUnity Software Inc.

49,426,000 shares · $48,635,184,000

4.0%
FIVNFive9, Inc.

53,306,000 shares · $47,423,682,000

3.9%
FOURShift4 Payments, Inc.

48,444,000 shares · $46,264,020,000

3.8%
ENOVEnovis Corporation

39,207,000 shares · $37,793,587,000

3.1%
AMPHAmphastar Pharmaceuticals, Inc.

40,880,000 shares · $37,200,800,000

3.1%
AFRMAffirm Holdings, Inc.

34,815,000 shares · $34,292,775,000

2.8%
ARRYArray Technologies, Inc.

33,985,000 shares · $31,624,743,000

2.6%
SNAPSnap Inc.

28,018,000 shares · $26,687,145,000

2.2%
WGOWinnebago Industries, Inc.

20,074,000 shares · $18,719,005,000

1.6%
XYZBlock, Inc.

17,983,000 shares · $17,070,362,000

1.4%
SNAPSnap Inc.

17,474,000 shares · $16,098,796,000

1.3%
UPWKUpwork Inc.

14,154,000 shares · $14,047,841,000

1.2%
WKWorkiva Inc.

14,970,000 shares · $14,030,632,000

1.2%
DMAARDrugs Made In America Acquisition Corp. Rights

14,041,000 shares · $13,549,565,000

1.1%
NBRNabors Industries Ltd.

11,880,000 shares · $11,291,940,000

0.9%
AVAVAeroVironment, Inc.

11,799,000 shares · $11,278,368,000

0.9%
ITRIItron, Inc.

11,216,000 shares · $11,198,491,000

0.9%
ZDZiff Davis, Inc.

11,230,000 shares · $11,132,215,000

0.9%
RPDRapid7, Inc.

10,061,000 shares · $9,708,862,000

0.8%
ATECAlphatec Holdings, Inc.

9,177,000 shares · $9,144,880,000

0.8%
UPSTUpstart Holdings, Inc.

8,312,000 shares · $8,275,427,000

0.7%
DASHDoorDash, Inc.

8,089,000 shares · $7,977,776,000

0.7%
JDJD.com, Inc.

8,065,000 shares · $7,931,927,000

0.7%
ALRMAlarm.com Holdings, Inc.

8,171,000 shares · $7,773,072,000

0.6%
CRNCCerence Inc.

7,887,000 shares · $7,237,466,000

0.6%
WKWorkiva Inc.

7,100,000 shares · $7,064,855,000

0.6%
ETSYEtsy, Inc.

7,233,000 shares · $6,858,330,000

0.6%
PDPagerDuty, Inc.

7,125,000 shares · $6,693,225,000

0.6%
SRPTSarepta Therapeutics, Inc.

6,709,000 shares · $6,344,687,000

0.5%
BILLBill.com Holdings, Inc.

6,330,000 shares · $6,128,073,000

0.5%
GPREGreen Plains Inc.

4,998,000 shares · $4,948,020,000

0.4%
GLADGladstone Capital Corporation

4,999,000 shares · $4,824,646,000

0.4%
MSTRStrategy Inc

5,451,000 shares · $4,711,299,000

0.4%
NOGNorthern Oil and Gas, Inc.

4,614,000 shares · $4,432,208,000

0.4%
NCLHNorwegian Cruise Line Holdings Ltd.

2,874,000 shares · $2,849,571,000

0.2%
MGPIMGP Ingredients, Inc.

2,515,000 shares · $2,450,559,000

0.2%
GRPNGroupon, Inc.

1,677,000 shares · $1,657,882,000

0.1%
ALVOWAlvotech

4,666,667 shares · $1,073,333,000

0.1%
SPYState Street SPDR S&P 500 ETF

1,355,000 shares · $1,011,873,350

0.1%
NEONeoGenomics, Inc.

1,045,000 shares · $979,683,000

0.1%
SNAPSnap Inc.

877,000 shares · $873,185,000

0.1%
IMCRImmunocore Holdings plc

833,000 shares · $766,360,000

0.1%
QQQInvesco QQQ Trust, Series 1

885,000 shares · $651,714,000

0.1%
TRMDTORM plc

20,329,874 shares · $524,260,745

0.0%
EXEExpand Energy Corporation

5,237,477 shares · $477,605,527

0.0%
DMAARDrugs Made In America Acquisition Corp. Rights

399,999 shares · $395,999,000

0.0%
GTXGarrett Motion Inc.

7,594,816 shares · $275,160,183

0.0%
AUAngloGold Ashanti Plc

3,179,092 shares · $257,156,751

0.0%
CORZCore Scientific, Inc.

9,993,708 shares · $255,738,987

0.0%
SHAKShake Shack Inc.

270,000 shares · $252,112,000

0.0%
INDVIndivior Pharmaceuticals Inc

6,127,212 shares · $251,399,508

0.0%
TDSTelephone and Data Systems, Inc.

5,282,905 shares · $195,520,314

0.0%
VNOMViper Energy, Inc.

3,791,432 shares · $160,756,716

0.0%
TLNETalen Energy Corporation

331,117 shares · $127,235,018

0.0%
BBarrick Mining Corporation

3,206,087 shares · $117,759,575

0.0%
ITUBItaú Unibanco Holding S.A.

11,977,665 shares · $97,857,531

0.0%
LBTYALiberty Global plc

8,551,191 shares · $97,227,041

0.0%
OCSLOaktree Specialty Lending Corporation

7,872,199 shares · $93,994,056

0.0%
FCXFreeport-McMoRan Inc.

1,201,122 shares · $75,538,562

0.0%
AEROGrupo Aeroméxico, S.A.B. de C.V.

3,968,686 shares · $71,436,348

0.0%
KRCKilroy Realty Corporation

1,850,011 shares · $69,319,912

0.0%
SESea Limited

635,443 shares · $60,894,502

0.0%
LILAKLiberty Latin America Ltd.

7,559,083 shares · $58,885,256

0.0%
BLCOBausch + Lomb Corporation

3,441,042 shares · $56,983,655

0.0%
VSATViasat, Inc.

630,280 shares · $56,605,446

0.0%
SATSEchoStar Corporation

18,000,001 shares · $56,250,003

0.0%
MMYTMakeMyTrip Limited

983,068 shares · $52,387,693

0.0%
RIOTRiot Platforms, Inc.

26,000,000 shares · $52,278,722

0.0%
MATWMatthews International Corporation

1,925,992 shares · $51,847,704

0.0%
XPXP Inc.

3,116,809 shares · $50,679,314

0.0%
LYBLyondellBasell Industries N.V.

900,000 shares · $47,385,000

0.0%
YPFYPF Sociedad Anónima

991,346 shares · $45,076,502

0.0%
TACTransAlta Corporation

3,000,000 shares · $41,487,224

0.0%
VCVisteon Corporation

400,000 shares · $39,684,000

0.0%
RWAYRunway Growth Finance Corp.

7,029,667 shares · $39,436,440

0.0%
EMBJEmbraer S.A.

439,706 shares · $28,053,242

0.0%
ADArray Digital Infrastructure Inc

696,858 shares · $25,268,071

0.0%
KRSPRice Acquisition Corporation 3

2,400,000 shares · $25,200,000

0.0%
SHAZSharonAI Holdings, Inc. Class A Common Stock

289,456 shares · $24,505,344

0.0%
SPBSpectrum Brands Holdings, Inc.

23,452,000 shares · $24,500,304

0.0%
TXTernium S.A.

572,324 shares · $24,438,234

0.0%
QMCOQuantum Corporation

2,011,678 shares · $22,128,458

0.0%
SMPLThe Simply Good Foods Company

1,203,889 shares · $15,987,645

0.0%
COGTCogent Biosciences, Inc.

11,890,000 shares · $14,758,452

0.0%
SGRYSurgery Partners, Inc.

862,588 shares · $14,491,478

0.0%
BXMTBlackstone Mortgage Trust, Inc.

14,064,000 shares · $14,064,000

0.0%
ETSYEtsy, Inc.

11,974,000 shares · $13,910,195

0.0%
STWDStarwood Property Trust, Inc.

11,894,933 shares · $12,070,383

0.0%
BTDRBitdeer Technologies Group

750,000 shares · $11,902,500

0.0%
SNOWSnowflake Inc.

7,147,000 shares · $11,895,830

0.0%
MXMagnaChip Semiconductor

2,500,000 shares · $11,825,000

0.0%
MFGCDMayfair Gold Corp.

4,500,000 shares · $11,069,603

0.0%
ARWRArrowhead Pharmaceuticals, Inc.

9,146,000 shares · $10,951,820

0.0%
BMMBlue Moon Metals Inc.

1,685,000 shares · $10,688,986

0.0%
NVSTEnvista Holdings Corp

10,206,000 shares · $10,250,385

0.0%
NETCloudflare, Inc.

8,050,000 shares · $10,199,349

0.0%
FRPTFreshpet, Inc.

7,913,000 shares · $9,198,862

0.0%
SMRTSmartRent, Inc.

7,505,294 shares · $8,931,301

0.0%
SITMSiTime Corporation

7,300,000 shares · $8,099,425

0.0%
RWTNRedwood Trust, Inc. 9.125% Seni

7,881,000 shares · $7,999,215

0.0%
PMTPennyMac Mortgage Investment Trust

7,101,000 shares · $7,266,453

0.0%
CELCCelcuity Inc.

6,250,000 shares · $7,133,750

0.0%
CBRLCracker Barrel Old Country Store

6,708,000 shares · $6,873,687

0.0%
LILALiberty Latin America Ltd.

839,020 shares · $6,577,916

0.0%
LCIILCI Industries

5,650,000 shares · $6,335,062

0.0%
UBERUber Technologies, Inc.

5,400,000 shares · $6,246,180

0.0%
FEFirstEnergy Corp.

4,280,000 shares · $4,676,970

0.0%
RBRKRubrik, Inc.

4,504,000 shares · $4,609,844

0.0%
BATLBattalion Oil Corporation

3,009,912 shares · $3,942,984

0.0%
OSWOneSpaWorld Holdings Ltd

75,000 shares · $3,679,500

0.0%
RIVNRivian Automotive, Inc.

3,400,000 shares · $3,630,263

0.0%
ZDZiff Davis, Inc.

3,496,000 shares · $3,496,809

0.0%
TMDXTransMedics Group, Inc.

3,131,000 shares · $3,396,978

0.0%
SVCService Properties Trust

1,988,382 shares · $3,360,365

0.0%
WECWEC Energy Group, Inc.

3,214,000 shares · $3,340,149

0.0%
AKAMAkamai Technologies, Inc.

2,631,000 shares · $3,135,721

0.0%
NTNXNutanix, Inc.

2,200,000 shares · $2,484,900

0.0%
UBERUber Technologies, Inc.

2,000,000 shares · $2,396,000

0.0%
LYVLive Nation Entertainment, Inc.

1,813,000 shares · $2,168,348

0.0%
HAEHaemonetics Corporation

2,090,000 shares · $2,123,022

0.0%
DDOGDatadog, Inc.

1,400,000 shares · $1,993,600

0.0%
BTAIBioXcel Therapeutics, Inc.

1,380,248 shares · $1,946,150

0.0%
NNBRNN, Inc.

510,943 shares · $1,834,285

0.0%
FLRFluor Corporation

1,271,000 shares · $1,686,299

0.0%
ONON Semiconductor Corporation

1,250,000 shares · $1,509,375

0.0%
TEOTelecom Argentina S.A.

116,105 shares · $1,509,365

0.0%
RVMDWRevolution Medicines, Inc. Warrant

1,150,000 shares · $1,442,773

0.0%
CXCEMEX, S.A.B. de C.V.

100,000 shares · $1,200,000

0.0%
BABAAlibaba Group Holding Limited

750,000 shares · $885,750

0.0%
STKLSunOpta Inc.

74,314 shares · $406,498

0.0%
ALVOAlvotech

97,982 shares · $361,553

0.0%
OPIOffice Properties Income Trust

10,851 shares · $184,467

0.0%

From SEC Form 13F-HR — up to 45 days old at time of filing. Not a recommendation to buy or sell. Analyze any of these free →