 | |
Howard Marks13F | |
| Oaktree Capital Management LP | |
| Last update 2026-05-20 | 57 Stocks (12 new) |
| Value $4.96 Bil | Turnover 8 % |
Howard Marks Investing Philosophy
Oaktree Capital is involved in less efficient markets and alternative investments. The firm invests heavily in debt, preferred stocks, and convertible bonds.
Howard Marks Top Holdings of 2026-03-31
View Full List
| Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRMD | TORM PLC | 23,839,575 | 675,076.0 | -9.78% | 13.620 | -0.96% | 23.340 | -0.57% | +55.89% | 2,872.0 | Oil & Gas | |
EXE | Expand Energy Corp | 5,237,477 | 574,970.2 | +3.46% | 11.600 | +0.39% | 2.190 | -9.53% | -17.42% | 21,554.5 | Oil & Gas | |
QQQ
PUT
| INVESCO QQQ Trust | 570,000 | 328,992.6 | 0% | 6.640 | 0% | 0.090 | +17.38% | +15.81% | 478,301.1 | ||
AU | Anglogold Ashanti PLC | 3,223,092 | 313,800.2 | -16.24% | 6.330 | -0.99% | 0.640 | -24.78% | -3.66% | 40,364.0 | Metals & Mining | |
GTX | Garrett Motion Inc | 14,594,816 | 265,187.8 | -14.62% | 5.350 | -0.81% | 7.800 | +67.79% | +84.02% | 5,965.7 | Vehicles & Parts | |
INDV | Indivior Pharmaceuticals Inc | 6,984,102 | 212,875.4 | -1.75% | 4.290 | -0.08% | 5.910 | +28.02% | +13.96% | 4,833.4 | Drug Manufacturers | |
XOP
PUT
|
State Street SPDR S&P Oil & Gas Exploration & Production ETF
State Street SPDR S&P Oil & Gas Exploration & Production ETF
| 1,000,000 | 181,830.0 | 0% | 3.670 | 0% | 5.030 | -5.65% | +28.30% | 3,239.8 | ||
TDS | Telephone and Data Systems Inc | 4,292,243 | 180,703.4 | +16.37% | 3.640 | +0.51% | 3.770 | -23.87% | -15.01% | 3,959.7 | Telecommunication Services | |
VNOM | Viper Energy Inc | 3,791,432 | 178,159.4 | -39.68% | 3.590 | -1.79% | 1.950 | -4.42% | +14.20% | 8,392.3 | Oil & Gas | |
CORZ | Core Scientific Inc | 9,350,708 | 139,886.6 | +11.98% | 2.820 | +0.30% | 2.940 | +33.07% | +61.40% | 7,470.3 | Software |
Howard Marks's Historical Top Holdings Breakdowns
Howard Marks's Top Stock Picks
View Full List
| Ticker | | Company | Date | Action | Impact % | Price Range | Price | Price Change from Avrg% | Comment | Current Shares | Share Change |
|---|---|---|---|---|---|---|---|---|---|---|---|
PBR | Petroleo Brasileiro SA Petrobras | 2026-03-31 | New Buy New Buy | +2.55% | 11.54 ($16) 20.81 | $17.24 | 7.75% | New holding | 6,089,413 | 6,089,413 | |
FTAI | FTAI Aviation Ltd | 2026-03-31 | Sold Out Sold Out | -1.89% | 210.35 ($264.81) 310.04 | $216.17 | -18.37% | Sold Out | 0 | -517,328 | |
VNOM | Viper Energy Inc | 2026-03-31 | Reduce Reduce | -1.79% | 35.86 ($42.87) 48.09 | $42.99 | 0.28% | Reduce -39.68% | 3,791,432 | -2,493,630 | |
NU | Nu Holdings Ltd | 2026-03-31 | Sold Out Sold Out | -1.39% | 13.51 ($16.21) 18.76 | $13.37 | -17.52% | Sold Out | 0 | -4,479,175 | |
GRAB | Grab Holdings Ltd | 2026-03-31 | Sold Out Sold Out | -1.04% | 3.53 ($4.24) 5.27 | $3.81 | -10.14% | Sold Out | 0 | -11,207,699 | |
CRDO | Credo Technology Group Holding Ltd | 2026-03-31 | New Buy New Buy | +1.02% | 87.81 ($121.71) 161.38 | $258.69 | 112.55% | New holding | 539,000 | 539,000 | |
AU | Anglogold Ashanti PLC | 2026-03-31 | Reduce Reduce | -0.99% | 79.99 ($102.57) 128.26 | $79.83 | -22.17% | Reduce -16.24% | 3,223,092 | -624,899 | |
TRMD | TORM PLC | 2026-03-31 | Reduce Reduce | -0.96% | 19.79 ($25.45) 30.94 | $29.04 | 14.11% | Reduce -9.78% | 23,839,575 | -2,585,484 | |
NOK | Nokia Oyj | 2026-03-31 | Reduce Reduce | -0.91% | 6.29 ($7.34) 8.65 | $11.95 | 62.81% | Reduce -40.27% | 11,200,308 | -7,551,921 | |
YPF | YPF SA | 2026-03-31 | New Buy New Buy | +0.83% | 32.78 ($37.85) 46.22 | $47.90 | 26.55% | New holding | 886,465 | 886,465 |
Howard Marks Total Holding History ($B)
Howard Marks's Asset Allocation
Howard Marks Past Portfolios
| Portfolio Date | Number of Stocks | New Stocks | Total Value ($Mil) | Q/Q Turnover |
|---|---|---|---|---|
Top Ranked Articles
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Howard Marks's Hypothetical Growth since 2026-03-31
Howard Marks's Yearly Returns
This information is only displayed for Gurus who publicly disclose audited performance records; most hedge funds and private investment firms do not publish such data or only provide limited historical performance information.
| Year | Portfolio % | % | Excess Gain % |
|---|
Howard Marks's Holdings Heat Map
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Howard Marks's Holdings Bubble Chart
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