Howard Marks - Oaktree Capital Management 13F Activity & Position Changes (Q1 2024)

As of Mar 31, 2024, the Oaktree Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 14, 2024. 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 2024, the filing reported:

New Buys - Braskem SA, Baidu, Inc., Banco Macro S.A., iShares Inc iShares MSCI Mexico, HDFC Bank Limited, and 7 more

Increases - AngloGold Ashanti, Azul S.A., Alibaba Group Holding Limited, Banco Bradesco Sa, Freeport-McMoRan, Inc., and 8 more

Reductions - , Hims & Hers Health, Inc., ICICI Bank Limited, Alvotech, NMI Holdings Inc, and 3 more

Complete Exits - America Movil, S.A.B. de C.V., FTAI Aviation, Infosys Limited, Liberty Broadband Corporation, Liberty Global, and 3 more

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 2024	AMX America Movil, S.A.B. de C.V.	America Movil, S.A.B. de C.V.	Sell - Position Exit	-2,298,858	-100.0%	$0.00	-
Q1 2024	AU AngloGold Ashanti	AngloGold Ashanti	Buy	+125,100	+2.1%	$133.20M	6,000,051
Q1 2024	AZUL Azul S.A.	Azul S.A.	Buy	+250,000	+15.8%	$14.23M	1,830,850
Q1 2024	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+1,975	+1.6%	$8.85M	122,246
Q1 2024	BAK Braskem SA	Braskem SA	Buy - Position Entry	+2,026,792	-	$21.34M	2,026,792
Q1 2024	BBD Banco Bradesco Sa	Banco Bradesco Sa	Buy	+717,580	+2.1%	$100.24M	35,048,124
Q1 2024	BIDU Baidu, Inc.	Baidu, Inc.	Buy - Position Entry	+422,866	-	$44.52M	422,866
Q1 2024	BMA Banco Macro S.A.	Banco Macro S.A.	Buy - Position Entry	+434,300	-	$20.92M	434,300
Q1 2024	CHK		Sell	-15,983	-0.2%	$620.40M	6,984,084
Q1 2024	EWW iShares Inc iShares MSCI Mexico	iShares Inc iShares MSCI Mexico	Buy - Position Entry	+17,568	-	$1.22M	17,568
Q1 2024	FCX Freeport-McMoRan, Inc.	Freeport-McMoRan, Inc.	Buy	+55,800	+1.9%	$139.82M	2,973,713
Q1 2024	FTAI FTAI Aviation	FTAI Aviation	Sell - Position Exit	-1,167,061	-100.0%	$0.00	-
Q1 2024	HDB HDFC Bank Limited	HDFC Bank Limited	Buy - Position Entry	+26,206	-	$1.47M	26,206
Q1 2024	HIMS Hims & Hers Health, Inc.	Hims & Hers Health, Inc.	Sell	-386,252	-36.7%	$10.32M	666,962
Q1 2024	HTHT H World Group Limited	H World Group Limited	Buy	+134,695	+12.3%	$47.43M	1,225,490
Q1 2024	IBN ICICI Bank Limited	ICICI Bank Limited	Sell	-181,073	-6.0%	$75.32M	2,851,796
Q1 2024	INDA Ishares MSCI India ETF	Ishares MSCI India ETF	Buy - Position Entry	+10,945	-	$564.65K	10,945
Q1 2024	INDV Indivior	Indivior	Buy - Position Entry	+3,351,236	-	$71.71M	3,351,236
Q1 2024	INFY Infosys Limited	Infosys Limited	Sell - Position Exit	-3,453,979	-100.0%	$0.00	-
Q1 2024	ITUB Itau Unibanco Banco Holding SA	Itau Unibanco Banco Holding SA	Buy	+219,179	+2.4%	$65.10M	9,393,251
Q1 2024	JD JD.com, Inc.	JD.com, Inc.	Buy	+45,259	+2.1%	$60.76M	2,218,157
Q1 2024	L01800108 Alvotech	Alvotech	Sell	-2,551,695	-46.8%	$35.43M	2,899,201
Q1 2024	LBRDK Liberty Broadband Corporation	Liberty Broadband Corporation	Sell - Position Exit	-86,999	-100.0%	$0.00	-
Q1 2024	LBTYA Liberty Global	Liberty Global	Sell - Position Exit	-2,731,000	-100.0%	$0.00	-
Q1 2024	LI Li Auto Inc.	Li Auto Inc.	Buy - Position Entry	+983,320	-	$29.77M	983,320
Q1 2024	LOMA Loma Negra Compania Industrial	Loma Negra Compania Industrial	Sell - Position Exit	-220,403	-100.0%	$0.00	-
Q1 2024	MTG MGIC Investment Corporation	MGIC Investment Corporation	Sell - Position Exit	-866,000	-100.0%	$0.00	-
Q1 2024	NMIH NMI Holdings Inc	NMI Holdings Inc	Sell	-3,625,033	-77.4%	$34.21M	1,057,790
Q1 2024	OAKU Oak Woods Acquisition Corporati	Oak Woods Acquisition Corporati	Sell - Position Exit	-90,000	-100.0%	$0.00	-
Q1 2024	PAM Pampa Energia S.A.	Pampa Energia S.A.	Sell	-83,708	-29.1%	$8.79M	203,767

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