Howard Marks' Oaktree Capital Reports Second Quarter Portfolio

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Aug 16, 2011
Oaktree Capital just reported their second quarter portfolio. The firm is led by legendary investor Howard Marks. The firm mainly invests in debt and special situations and manages more than $100 billion. They also have a relative small equity portfolio. As of 06/30/2011, Oaktree Capital owns 38 stocks with a total value of $3 billion. These are the details of the buys and sells.

This is the portfolio chart of Howard Marks. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.



For the details of Howard Marks's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Howard+Marks

This is the sector weightings of his portfolio:

Not Assigned59%
Oil & Gas20.8%
Consumer Services10.1%
Health Care3%
Financials2.6%
Consumer Goods2.4%
Basic Materials1%
Telecommunications0.5%
Industrials0.4%
Technology0.2%


These are the top 5 holdings of Howard Marks

  1. Charter Communications Inc. (CHTR) - 19,725,105 shares, 35.4606% of the total portfolio.
  2. EXCO Resources (XCO) - 34,778,946 shares, 20.3381% of the total portfolio.
  3. Spirit Airlines Inc. (SAVE) - 22,455,227 shares, 8.9204% of the total portfolio. Shares added by 10000%
  4. Time Warner Cable Inc. (TWC) - 1,654,931 shares, 4.279% of the total portfolio.
  5. General Motors Co. Mand. Conv. Jr. Pfd. Series B (GM.PB) - 2,265,800 shares, 3.6589% of the total portfolio. Shares reduced by 12.88%


Added: Safeway Inc. (SWY, Financial)

Howard Marks added to his holdings in Safeway Inc. by 84.21%. His purchase prices were between $21.95 and $25.42, with an estimated average price of $23.84. The impact to his portfolio due to this purchase was 0.62%. His holdings were 1,750,000 shares as of 06/30/2011.

Added: Omnicare Capital Trust Ii 4.00% Piers (OCR.PB)

Howard Marks added to his holdings in Omnicare Capital Trust Ii 4.00% Piers by 48.23%. His purchase prices were between $46.05 and $49.42, with an estimated average price of $48.19. The impact to his portfolio due to this purchase was 0.44%. His holdings were 852,350 shares as of 06/30/2011.

Added: Genco Shipping & Trading Ltd. (GNK, Financial)

Howard Marks added to his holdings in Genco Shipping & Trading Ltd. by 15149.1%. His purchase prices were between $6.42 and $10.76, with an estimated average price of $8.05. The impact to his portfolio due to this purchase was 0.37%. His holdings were 230,663,359 shares as of 06/30/2011.

Added: America Movil S.a.b. De C.v. Ads (AMX, Financial)

Howard Marks added to his holdings in America Movil S.a.b. De C.v. Ads by 79.65%. His purchase prices were between $24.05 and $29.5, with an estimated average price of $26.5. The impact to his portfolio due to this purchase was 0.17%. His holdings were 213,600 shares as of 06/30/2011.

New Purchase: Spirit Airlines Inc. (SAVE, Financial)

Howard Marks initiated holdings in Spirit Airlines Inc.. His purchase prices were between $11.48 and $12.3, with an estimated average price of $11.96. The impact to his portfolio due to this purchase was 8.92%. His holdings were 22,455,227 shares as of 06/30/2011.

New Purchase: American International Group Inc. (AIG, Financial)

Howard Marks initiated holdings in American International Group Inc.. His purchase prices were between $27.23 and $35, with an estimated average price of $30.45. The impact to his portfolio due to this purchase was 0.97%. His holdings were 1,000,000 shares as of 06/30/2011.

New Purchase: Vale Sa (VALE, Financial)

Howard Marks initiated holdings in Vale Sa. His purchase prices were between $29.4 and $34.27, with an estimated average price of $31.61. The impact to his portfolio due to this purchase was 0.39%. His holdings were 369,650 shares as of 06/30/2011.

New Purchase: Furniture Brands International Inc. (FBN, Financial)

Howard Marks initiated holdings in Furniture Brands International Inc.. His purchase prices were between $4.01 and $4.91, with an estimated average price of $4.44. The impact to his portfolio due to this purchase was 0.34%. His holdings were 2,500,000 shares as of 06/30/2011.

New Purchase: Goldcorp Inc. (GG, Financial)

Howard Marks initiated holdings in Goldcorp Inc.. His purchase prices were between $46.23 and $55.83, with an estimated average price of $50.09. The impact to his portfolio due to this purchase was 0.3%. His holdings were 187,750 shares as of 06/30/2011.

New Purchase: Melco Crown Entertainment Ltd. (MPEL, Financial)

Howard Marks initiated holdings in Melco Crown Entertainment Ltd.. His purchase prices were between $8.01 and $12.67, with an estimated average price of $10.32. The impact to his portfolio due to this purchase was 0.28%. His holdings were 669,400 shares as of 06/30/2011.

New Purchase: Compania De Minas Buenaventura S.a. Ads (BVN)

Howard Marks initiated holdings in Compania De Minas Buenaventura S.a. Ads. His purchase prices were between $35.75 and $44.34, with an estimated average price of $39.72. The impact to his portfolio due to this purchase was 0.27%. His holdings were 211,600 shares as of 06/30/2011.

New Purchase: Mechel Oao Ads (MTL)

Howard Marks initiated holdings in Mechel Oao Ads. His purchase prices were between $24.19 and $31.94, with an estimated average price of $26.93. The impact to his portfolio due to this purchase was 0.21%. His holdings were 270,600 shares as of 06/30/2011.

New Purchase: Pt Indosat Ads (IIT)

Howard Marks initiated holdings in Pt Indosat Ads. His purchase prices were between $29.61 and $31.24, with an estimated average price of $30.39. The impact to his portfolio due to this purchase was 0.07%. His holdings were 66,144 shares as of 06/30/2011.

New Purchase: Eagle Bulk Shipping Inc. (EGLE)

Howard Marks initiated holdings in Eagle Bulk Shipping Inc.. His purchase prices were between $2.3 and $3.8, with an estimated average price of $2.98. The impact to his portfolio due to this purchase was 0.06%. His holdings were 679,036 shares as of 06/30/2011.

Reduced: Activision Blizzard Inc. (ATVI)

Howard Marks reduced to his holdings in Activision Blizzard Inc. by 91.34%. His sale prices were between $10.87 and $11.99, with an estimated average price of $11.39. The impact to his portfolio due to this sale was -1.1%. Howard Marks still held 2,675,000 shares as of 06/30/2011.

Reduced: Stanley Black & Decker Inc. Conv. Pfd. Un (SWU)

Howard Marks reduced to his holdings in Stanley Black & Decker Inc. Conv. Pfd. Un by 38.55%. His sale prices were between $113.27 and $123.21, with an estimated average price of $119.18. The impact to his portfolio due to this sale was -0.52%. Howard Marks still held 275,000 shares as of 06/30/2011.

Reduced: Unisys Corp. (UIS.PA)

Howard Marks reduced to his holdings in Unisys Corp. by 52.9%. His sale prices were between $75 and $93.31, with an estimated average price of $82.84. The impact to his portfolio due to this sale was -0.28%. Howard Marks still held 110,680 shares as of 06/30/2011.

Reduced: Petroleo Brasileiiro Sa Petrobras (PBR)

Howard Marks reduced to his holdings in Petroleo Brasileiiro Sa Petrobras by 44.53%. His sale prices were between $31.87 and $41.41, with an estimated average price of $35.15. The impact to his portfolio due to this sale was -0.18%. Howard Marks still held 232,800 shares as of 06/30/2011.

Reduced: Cognizant Technology Solutions Corp. (CTSH)

Howard Marks reduced to his holdings in Cognizant Technology Solutions Corp. by 35.71%. His sale prices were between $65.54 and $82.9, with an estimated average price of $76.02. The impact to his portfolio due to this sale was -0.08%. Howard Marks still held 78,500 shares as of 06/30/2011.

Reduced: Entertainment Properties Trust (EPR.PE)

Howard Marks reduced to his holdings in Entertainment Properties Trust by 32.48%. His sale prices were between $27.56 and $29.23, with an estimated average price of $28.46. The impact to his portfolio due to this sale was -0.05%. Howard Marks still held 143,000 shares as of 06/30/2011.

Sold Out: Cit Group Inc. (CIT)

Howard Marks sold out his holdings in Cit Group Inc.. His sale prices were between $39.6 and $44.33, with an estimated average price of $42.38.

Sold Out: Lyondellbasell Industries Cl A (LYB)

Howard Marks sold out his holdings in Lyondellbasell Industries Cl A. His sale prices were between $36.56 and $44.57, with an estimated average price of $40.57.

Sold Out: Comcast Corp. (CMCSA)

Howard Marks sold out his holdings in Comcast Corp.. His sale prices were between $23.44 and $26.68, with an estimated average price of $24.76.

Sold Out: Citigroup Inc. (C.PH)

Howard Marks sold out his holdings in Citigroup Inc.. His sale prices were between $110.71 and $131.98, with an estimated average price of $121.67.

Sold Out: Vishay Intertechnology Inc. (VSH)

Howard Marks sold out his holdings in Vishay Intertechnology Inc.. His sale prices were between $13.79 and $19.08, with an estimated average price of $16.34.

Sold Out: Synovus Financial Corp (SNV.PT)

Howard Marks sold out his holdings in Synovus Financial Corp. His sale prices were between $20.18 and $25.45, with an estimated average price of $22.7.

Sold Out: Level 3 Communications Inc. (LVLT)

Howard Marks sold out his holdings in Level 3 Communications Inc.. His sale prices were between $1.42 and $2.4, with an estimated average price of $1.92.

Sold Out: New York Community Capital Trust V Bonuses (NYB.PU)

Howard Marks sold out his holdings in New York Community Capital Trust V Bonuses. His sale prices were between $47.75 and $50.75, with an estimated average price of $49.

Sold Out: Barrick Gold Corp. (ABX)

Howard Marks sold out his holdings in Barrick Gold Corp.. His sale prices were between $43.04 and $55.63, with an estimated average price of $47.73.

Sold Out: Gerdau S.a. Ads (GGB)

Howard Marks sold out his holdings in Gerdau S.a. Ads. His sale prices were between $9.68 and $12.79, with an estimated average price of $10.99.

Sold Out: Anheuserbusch Inbev Sa/nv (BUD)

Howard Marks sold out his holdings in Anheuserbusch Inbev Sa/nv. His sale prices were between $55.65 and $63.97, with an estimated average price of $59.36.

Sold Out: China Mobile Ads (CHL)

Howard Marks sold out his holdings in China Mobile Ads. His sale prices were between $43.77 and $47.65, with an estimated average price of $45.73.

Sold Out: Home Inns & Hotels Management Inc. (HMIN)

Howard Marks sold out his holdings in Home Inns & Hotels Management Inc.. His sale prices were between $33.62 and $44.48, with an estimated average price of $39.66.

Sold Out: Commonwealth Reit 6.50% Cum. Conv. Pfd. Series D (CWH.PD)

Howard Marks sold out his holdings in Commonwealth Reit 6.50% Cum. Conv. Pfd. Series D. His sale prices were between $21.541 and $22.39, with an estimated average price of $22.01.

Sold Out: Au Optronics Ads (AUO)

Howard Marks sold out his holdings in Au Optronics Ads. His sale prices were between $6.72 and $8.94, with an estimated average price of $7.97.

Sold Out: Fibria Celulose S.a. Ads (FBR)

Howard Marks sold out his holdings in Fibria Celulose S.a. Ads. His sale prices were between $12.96 and $16.78, with an estimated average price of $14.88.

Sold Out: China Medical Technologies Inc. Ads (CMED)

Howard Marks sold out his holdings in China Medical Technologies Inc. Ads. His sale prices were between $7.16 and $12.565, with an estimated average price of $10.52.

Sold Out: Kt Corp. Ads (KT)

Howard Marks sold out his holdings in Kt Corp. Ads. His sale prices were between $17.75 and $20.86, with an estimated average price of $19.4.

Sold Out: Taiwan Semiconductor Manufacturing Co. Ltd. Ads (TSM)

Howard Marks sold out his holdings in Taiwan Semiconductor Manufacturing Co. Ltd. Ads. His sale prices were between $11.95 and $13.88, with an estimated average price of $13.06.

Sold Out: Sk Telecom Co. Ads (SKM)

Howard Marks sold out his holdings in Sk Telecom Co. Ads. His sale prices were between $17.36 and $19.8, with an estimated average price of $18.54.

Sold Out: New Oriental Education & Technology Group (EDU)

Howard Marks sold out his holdings in New Oriental Education & Technology Group. His sale prices were between $24.86 and $32.0475, with an estimated average price of $28.33.

Sold Out: Tata Motors Ltd. Ads (TTM)

Howard Marks sold out his holdings in Tata Motors Ltd. Ads. His sale prices were between $21.1 and $28.58, with an estimated average price of $25.12.