Howard Marks - Oaktree Capital Management 13F Activity & Position Changes (Q1 2015)

According to the SEC 13F filed on Aug 14, 2026, the Oaktree Capital Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2015. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2015, the filing reported:

New Buys - Alibaba Group Holding Limited, Banco Bradesco Sa, Banco Santander - Chile, Comp En De Mn Cemig

Increases - Ally Financial Inc., BRF S.A., Century Communities, Inc., Cemex, S.A.B. de C.V. Sponsored, ICICI Bank Limited, and 7 more

Reductions - Baidu, Inc., Getty Realty Corporation, MGIC Investment Corporation, Taiwan Semiconductor Manufactur

Complete Exits - American International Group, I, Transportadora de Gas del Sur S

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2015	AIG American International Group, I	American International Group, I	Sell - Position Exit	-44,100	-100.0%	$0.00	-
Q1 2015	ALLY Ally Financial Inc.	Ally Financial Inc.	Buy	+235,000	+2.5%	$200.64K	9,563,530
Q1 2015	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy - Position Entry	+345,000	-	$28.72K	345,000
Q1 2015	BBD Banco Bradesco Sa	Banco Bradesco Sa	Buy - Position Entry	+255,360	-	$2.37K	255,360
Q1 2015	BIDU Baidu, Inc.	Baidu, Inc.	Sell	-10,592	-7.7%	$26.64K	127,837
Q1 2015	BRFS BRF S.A.	BRF S.A.	Buy	+296,933	+13.0%	$51.22K	2,589,646
Q1 2015	BSAC Banco Santander - Chile	Banco Santander - Chile	Buy - Position Entry	+410,075	-	$8.89K	410,075
Q1 2015	CCS Century Communities, Inc.	Century Communities, Inc.	Buy	+203,951	+19.9%	$23.72K	1,226,931
Q1 2015	CIG Comp En De Mn Cemig	Comp En De Mn Cemig	Buy - Position Entry	+6,915,563	-	$28.29K	6,915,563
Q1 2015	CX Cemex, S.A.B. de C.V. Sponsored	Cemex, S.A.B. de C.V. Sponsored	Buy	+1,447,146	+33.0%	$55.19K	5,828,183
Q1 2015	GTY Getty Realty Corporation	Getty Realty Corporation	Sell	-437,823	-32.9%	$16.24K	892,496
Q1 2015	IBN ICICI Bank Limited	ICICI Bank Limited	Buy	+1,020,475	+25.3%	$52.34K	5,051,643
Q1 2015	ITUB Itau Unibanco Banco Holding SA	Itau Unibanco Banco Holding SA	Buy	+516,965	+13.0%	$49.81K	4,503,834
Q1 2015	JD JD.com, Inc.	JD.com, Inc.	Buy	+77,952	+5.7%	$42.29K	1,439,502
Q1 2015	MTG MGIC Investment Corporation	MGIC Investment Corporation	Sell	-675,200	-6.3%	$96.59K	10,030,000
Q1 2015	NMIH NMI Holdings Inc	NMI Holdings Inc	Buy	+1,027,694	+38.2%	$27.84K	3,716,774
Q1 2015	PBR Petroleo Brasileiro S.A.- Petro	Petroleo Brasileiro S.A.- Petro	Buy	+916,411	+14.0%	$44.87K	7,465,256
Q1 2015	PBR-A Petroleo Brasileiro S.A.- Petro	Petroleo Brasileiro S.A.- Petro	Buy	+88,900	+19.3%	$3.34K	549,100
Q1 2015	TGS Transportadora de Gas del Sur S	Transportadora de Gas del Sur S	Sell - Position Exit	-547,476	-100.0%	$0.00	-
Q1 2015	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-925,097	-18.9%	$93.04K	3,962,687
Q1 2015	TV Grupo Televisa S.A.B.	Grupo Televisa S.A.B.	Buy	+164,116	+14.1%	$43.73K	1,324,826
Q1 2015	WFC-L Wells Fargo	Wells Fargo	Buy	+1,500	+18.4%	$11.78K	9,658