Howard Marks - Oaktree Capital Management 13F Activity & Position Changes (Q3 2015)

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 Sep 30, 2015. 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 2015, the filing reported:

New Buys - Ishares MSCI India ETF, Infosys Limited

Increases - BRF S.A., Banco Santander - Chile, Cemex, S.A.B. de C.V. Sponsored, ICICI Bank Limited, Itau Unibanco Banco Holding SA, and 5 more

Reductions - Ally Financial Inc., Banc of California, Inc., Nebius Group, Taiwan Semiconductor Manufactur

Complete Exits - Banco Bradesco Sa, Comp En De Mn Cemig, Getty Realty Corporation, Petroleo Brasileiro S.A.- Petro

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 2015	ALLY Ally Financial Inc.	Ally Financial Inc.	Sell	-373,000	-4.1%	$175.89K	8,630,530
Q3 2015	BANC Banc of California, Inc.	Banc of California, Inc.	Sell	-855,498	-29.9%	$24.59K	2,004,204
Q3 2015	BBD Banco Bradesco Sa	Banco Bradesco Sa	Sell - Position Exit	-244,360	-100.0%	$0.00	-
Q3 2015	BRFS BRF S.A.	BRF S.A.	Buy	+191,286	+6.7%	$54.40K	3,057,732
Q3 2015	BSAC Banco Santander - Chile	Banco Santander - Chile	Buy	+58,536	+6.6%	$17.15K	941,304
Q3 2015	CIG Comp En De Mn Cemig	Comp En De Mn Cemig	Sell - Position Exit	-6,929,863	-100.0%	$0.00	-
Q3 2015	CX Cemex, S.A.B. de C.V. Sponsored	Cemex, S.A.B. de C.V. Sponsored	Buy	+411,347	+6.6%	$46.30K	6,623,880
Q3 2015	GTY Getty Realty Corporation	Getty Realty Corporation	Sell - Position Exit	-793,091	-100.0%	$0.00	-
Q3 2015	IBN ICICI Bank Limited	ICICI Bank Limited	Buy	+282,704	+6.7%	$37.80K	4,510,647
Q3 2015	INDA Ishares MSCI India ETF	Ishares MSCI India ETF	Buy - Position Entry	+601,246	-	$17.18K	601,246
Q3 2015	INFY Infosys Limited	Infosys Limited	Buy - Position Entry	+470,200	-	$8.98K	470,200
Q3 2015	ITUB Itau Unibanco Banco Holding SA	Itau Unibanco Banco Holding SA	Buy	+1,247,526	+24.2%	$42.35K	6,398,060
Q3 2015	JD JD.com, Inc.	JD.com, Inc.	Buy	+426,401	+37.6%	$40.67K	1,560,503
Q3 2015	NBIS Nebius Group	Nebius Group	Sell	-1,591,500	-96.0%	$703.00	65,500
Q3 2015	NMIH NMI Holdings Inc	NMI Holdings Inc	Buy	+102,835	+1.9%	$41.55K	5,467,043
Q3 2015	PBR Petroleo Brasileiro S.A.- Petro	Petroleo Brasileiro S.A.- Petro	Sell - Position Exit	-7,558,156	-100.0%	$0.00	-
Q3 2015	PBR-A Petroleo Brasileiro S.A.- Petro	Petroleo Brasileiro S.A.- Petro	Buy	+7,975,900	+2800.5%	$30.40K	8,260,700
Q3 2015	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-1,994,849	-44.0%	$52.78K	2,543,638
Q3 2015	TV Grupo Televisa S.A.B.	Grupo Televisa S.A.B.	Buy	+90,524	+6.7%	$37.72K	1,449,550
Q3 2015	YPF YPF Sociedad Anonima	YPF Sociedad Anonima	Buy	+392,735	+84.4%	$13.07K	858,100