Howard Marks - Oaktree Capital Management 13F Activity & Position Changes (Q3 2014)

As of Sep 30, 2014, the Oaktree Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. 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 Q3 2014, the filing reported:

New Buys - ICICI Bank Limited, Itau Unibanco Banco Holding SA, Nebius Group, NMI Holdings Inc, Par Pacific Holdings, Inc. Comm, and 2 more

Increases - Ally Financial Inc., BRF S.A., Cemex, S.A.B. de C.V. Sponsored, JD.com, Inc., MGIC Investment Corporation, and 3 more

Reductions - American International Group, I, Bank of America, Grupo Televisa S.A.B., Wells Fargo

Complete Exits - Ambev 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
Q3 2014	ABEV Ambev S.A.	Ambev S.A.	Sell - Position Exit	-3,395,805	-100.0%	$0.00	-
Q3 2014	AIG American International Group, I	American International Group, I	Sell	-385,000	-41.4%	$29.39K	544,100
Q3 2014	ALLY Ally Financial Inc.	Ally Financial Inc.	Buy	+262,800	+3.3%	$191.04K	8,256,030
Q3 2014	BAC.PRN Bank of America	Bank of America	Sell	-2,500	-14.8%	$16.51K	14,400
Q3 2014	BRFS BRF S.A.	BRF S.A.	Buy	+304,300	+27.1%	$33.98K	1,428,500
Q3 2014	CX Cemex, S.A.B. de C.V. Sponsored	Cemex, S.A.B. de C.V. Sponsored	Buy	+934,100	+31.1%	$51.36K	3,938,637
Q3 2014	IBN ICICI Bank Limited	ICICI Bank Limited	Buy - Position Entry	+511,615	-	$25.12K	511,615
Q3 2014	ITUB Itau Unibanco Banco Holding SA	Itau Unibanco Banco Holding SA	Buy - Position Entry	+1,855,600	-	$25.76K	1,855,600
Q3 2014	JD JD.com, Inc.	JD.com, Inc.	Buy	+140,140	+14.2%	$29.16K	1,129,150
Q3 2014	MTG MGIC Investment Corporation	MGIC Investment Corporation	Buy	+1,525,800	+13.4%	$100.95K	12,925,800
Q3 2014	NBIS Nebius Group	Nebius Group	Buy - Position Entry	+961,100	-	$26.71K	961,100
Q3 2014	NMIH NMI Holdings Inc	NMI Holdings Inc	Buy - Position Entry	+600,300	-	$5.19K	600,300
Q3 2014	PARR Par Pacific Holdings, Inc. Comm	Par Pacific Holdings, Inc. Comm	Buy - Position Entry	+190,862	-	$3.22K	190,862
Q3 2014	PBR Petroleo Brasileiro S.A.- Petro	Petroleo Brasileiro S.A.- Petro	Buy	+761,800	+13.7%	$89.48K	6,305,991
Q3 2014	QUAD Quad Graphics, Inc	Quad Graphics, Inc	Buy - Position Entry	+44,931	-	$864.00	44,931
Q3 2014	TEO Telecom Argentina SA	Telecom Argentina SA	Buy	+9,000	+1.8%	$10.55K	519,851
Q3 2014	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Buy	+1,176,700	+36.3%	$89.10K	4,415,484
Q3 2014	TSQ Townsquare Media, Inc.	Townsquare Media, Inc.	Buy - Position Entry	+1,595,224	-	$19.17K	1,595,224
Q3 2014	TV Grupo Televisa S.A.B.	Grupo Televisa S.A.B.	Sell	-13,100	-1.2%	$35.28K	1,041,410
Q3 2014	WFC-L Wells Fargo	Wells Fargo	Sell	-2,500	-13.7%	$18.94K	15,750