Howard Marks - Oaktree Capital Management 13F Activity & Position Changes (Q2 2024)

According to the SEC 13F filed on Aug 14, 2024, the Oaktree Capital Management portfolio showed several notable changes in holdings as of quarter-end Jun 30, 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 Q2 2024, the filing reported:

New Buys - Altice USA, Inc., Gerdau S.A., Liberty Global, Trip.com Group Limited

Increases - AngloGold Ashanti, Azul S.A., Alibaba Group Holding Limited, Braskem SA, Banco Macro S.A., and 12 more

Reductions - Banco Bradesco Sa, Bausch Health Companies Inc., CBL & Associates Properties, In, , Freeport-McMoRan, Inc., and 8 more

Complete Exits - Baidu, Inc., iShares Inc iShares MSCI Mexico, Hertz Global Holdings, Inc, ICICI Bank Limited, Ishares MSCI India ETF, 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
Q2 2024	ATUS Altice USA, Inc.	Altice USA, Inc.	Buy - Position Entry	+5,939,060	-	$12.12M	5,939,060
Q2 2024	AU AngloGold Ashanti	AngloGold Ashanti	Buy	+328,837	+5.5%	$159.04M	6,328,888
Q2 2024	AZUL Azul S.A.	Azul S.A.	Buy	+615,000	+33.6%	$9.78M	2,445,850
Q2 2024	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+329	+0.3%	$8.83M	122,575
Q2 2024	BAK Braskem SA	Braskem SA	Buy	+416,476	+20.5%	$15.76M	2,443,268
Q2 2024	BBD Banco Bradesco Sa	Banco Bradesco Sa	Sell	-236,347	-0.7%	$77.98M	34,811,777
Q2 2024	BHC Bausch Health Companies Inc.	Bausch Health Companies Inc.	Sell	-30,000	-2.3%	$8.85M	1,270,000
Q2 2024	BIDU Baidu, Inc.	Baidu, Inc.	Sell - Position Exit	-422,866	-100.0%	$0.00	-
Q2 2024	BMA Banco Macro S.A.	Banco Macro S.A.	Buy	+30,000	+6.9%	$26.62M	464,300
Q2 2024	CBL CBL & Associates Properties, In	CBL & Associates Properties, In	Sell	-7,131	-0.2%	$93.64M	4,005,126
Q2 2024	CHK		Sell	-113,200	-1.6%	$564.72M	6,870,884
Q2 2024	CX Cemex, S.A.B. de C.V. Sponsored	Cemex, S.A.B. de C.V. Sponsored	Buy	+700,000	+5.0%	$93.86M	14,689,032
Q2 2024	EWW iShares Inc iShares MSCI Mexico	iShares Inc iShares MSCI Mexico	Sell - Position Exit	-17,568	-100.0%	$0.00	-
Q2 2024	FCX Freeport-McMoRan, Inc.	Freeport-McMoRan, Inc.	Sell	-555,806	-18.7%	$117.51M	2,417,907
Q2 2024	GGB Gerdau S.A.	Gerdau S.A.	Buy - Position Entry	+5,888,855	-	$19.43M	5,888,855
Q2 2024	HDB HDFC Bank Limited	HDFC Bank Limited	Buy	+26,272	+100.3%	$3.38M	52,478
Q2 2024	HTHT H World Group Limited	H World Group Limited	Buy	+66,920	+5.5%	$43.06M	1,292,410
Q2 2024	HTZ Hertz Global Holdings, Inc	Hertz Global Holdings, Inc	Sell - Position Exit	-1,000,000	-100.0%	$0.00	-
Q2 2024	IBN ICICI Bank Limited	ICICI Bank Limited	Sell - Position Exit	-2,851,796	-100.0%	$0.00	-
Q2 2024	INDA Ishares MSCI India ETF	Ishares MSCI India ETF	Sell - Position Exit	-10,945	-100.0%	$0.00	-
Q2 2024	INDV Indivior	Indivior	Buy	+1,141,937	+34.1%	$70.43M	4,493,173
Q2 2024	ITUB Itau Unibanco Banco Holding SA	Itau Unibanco Banco Holding SA	Sell	-2,747,085	-29.2%	$38.81M	6,646,166
Q2 2024	JD JD.com, Inc.	JD.com, Inc.	Buy	+602,538	+27.2%	$72.89M	2,820,695
Q2 2024	L01800108 Alvotech	Alvotech	Sell	-367,174	-12.7%	$30.79M	2,532,027
Q2 2024	LBTYA Liberty Global	Liberty Global	Buy - Position Entry	+3,801,637	-	$66.26M	3,801,637
Q2 2024	LI Li Auto Inc.	Li Auto Inc.	Sell - Position Exit	-983,320	-100.0%	$0.00	-
Q2 2024	NMIH NMI Holdings Inc	NMI Holdings Inc	Sell - Position Exit	-1,057,790	-100.0%	$0.00	-
Q2 2024	PBR Petroleo Brasileiro S.A.- Petro	Petroleo Brasileiro S.A.- Petro	Sell	-593,056	-11.6%	$65.30M	4,506,453
Q2 2024	RWAY Runway Growth Finance Corp.	Runway Growth Finance Corp.	Sell	-4,712,500	-30.4%	$126.77M	10,779,667
Q2 2024	STHO Star Holdings - Shares of Benef	Star Holdings - Shares of Benef	Sell	-33,132	-3.3%	$11.66M	966,868

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