Howard Marks - Oaktree Capital Management 13F Activity & Position Changes (Q1 2019)

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, 2019. 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 2019, the filing reported:

New Buys - Berry Corporation (bry), SIGA Technologies Inc., Super Micro Computer, Inc.

Increases - Azul S.A., Alibaba Group Holding Limited, BRF S.A., Cemex, S.A.B. de C.V. Sponsored, ICICI Bank Limited, and 9 more

Reductions - Ally Financial Inc., Bank of America, Petroleo Brasileiro S.A.- Petro, Taiwan Semiconductor Manufactur, VICI Properties Inc., and 3 more

Complete Exits - iShares iBoxx $ High Yield Corp, NXP Semiconductors, VALE S.A.

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 2019	ALLY Ally Financial Inc.	Ally Financial Inc.	Sell	-580,000	-4.9%	$306.34K	11,143,541
Q1 2019	AZUL Azul S.A.	Azul S.A.	Buy	+37,504	+2.6%	$43.23K	1,479,868
Q1 2019	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+31,268	+9.8%	$63.79K	349,648
Q1 2019	BAC.PRN Bank of America	Bank of America	Sell	-2,740	-58.3%	$2.55K	1,960
Q1 2019	BRFS BRF S.A.	BRF S.A.	Buy	+540,119	+9.9%	$34.75K	5,971,024
Q1 2019	BRY Berry Corporation (bry)	Berry Corporation (bry)	Buy - Position Entry	+7,806,717	-	$90.09K	7,806,717
Q1 2019	CX Cemex, S.A.B. de C.V. Sponsored	Cemex, S.A.B. de C.V. Sponsored	Buy	+572,715	+9.9%	$29.38K	6,331,930
Q1 2019	HYG iShares iBoxx $ High Yield Corp	iShares iBoxx $ High Yield Corp	Sell - Position Exit	-61,500	-100.0%	$0.00	-
Q1 2019	IBN ICICI Bank Limited	ICICI Bank Limited	Buy	+906,841	+9.6%	$118.19K	10,313,083
Q1 2019	INDA Ishares MSCI India ETF	Ishares MSCI India ETF	Buy	+13,700	+41.1%	$1.66K	47,000
Q1 2019	INFY Infosys Limited	Infosys Limited	Buy	+331,966	+10.0%	$39.79K	3,640,465
Q1 2019	ITUB Itau Unibanco Banco Holding SA	Itau Unibanco Banco Holding SA	Buy	+1,062,130	+9.7%	$106.29K	12,064,930
Q1 2019	N6596X109 NXP Semiconductors	NXP Semiconductors	Sell - Position Exit	-176,300	-100.0%	$0.00	-
Q1 2019	NBIS Nebius Group	Nebius Group	Buy	+59,746	+9.9%	$22.69K	660,649
Q1 2019	PAM Pampa Energia S.A.	Pampa Energia S.A.	Buy	+103,000	+30.4%	$12.17K	441,500
Q1 2019	PBR-A Petroleo Brasileiro S.A.- Petro	Petroleo Brasileiro S.A.- Petro	Sell	-6,648	-0.1%	$79.30K	5,545,468
Q1 2019	SIGA SIGA Technologies Inc.	SIGA Technologies Inc.	Buy - Position Entry	+159,782	-	$959.00	159,782
Q1 2019	SMCI Super Micro Computer, Inc.	Super Micro Computer, Inc.	Buy - Position Entry	+2,000,000	-	$42.26K	2,000,000
Q1 2019	TEO Telecom Argentina SA	Telecom Argentina SA	Buy	+105,000	+11.2%	$15.24K	1,044,000
Q1 2019	TGS Transportadora de Gas del Sur S	Transportadora de Gas del Sur S	Buy	+186,000	+37.0%	$9.07K	689,000
Q1 2019	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-948,225	-24.6%	$118.80K	2,900,352
Q1 2019	VALE VALE S.A.	VALE S.A.	Sell - Position Exit	-3,016,925	-100.0%	$0.00	-
Q1 2019	VICI VICI Properties Inc.	VICI Properties Inc.	Sell	-1,361,319	-47.6%	$32.82K	1,500,000
Q1 2019	VST Vistra Corp.	Vistra Corp.	Sell	-6,106,478	-20.2%	$626.06K	24,051,399
Q1 2019	WB Weibo Corporation	Weibo Corporation	Buy	+97,018	+22.5%	$32.77K	528,618
Q1 2019	WFC-L Wells Fargo	Wells Fargo	Sell	-2,944	-50.6%	$3.72K	2,875
Q1 2019	Y8162K204 Star Bulk Carriers	Star Bulk Carriers	Buy	+1,222,446	+3.6%	$232.83K	35,384,197
Q1 2019	YUMC Yum China Holdings, Inc.	Yum China Holdings, Inc.	Sell	-155,632	-17.3%	$33.44K	744,536