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

As of Jun 30, 2024, the Oaktree Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 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 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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