Howard Marks - Oaktree Capital Management 13F Activity & Position Changes (Q3 2016)

As of Sep 30, 2016, 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 2016, the filing reported:

New Buys - Alibaba Group Holding Limited, Baidu, Inc., Fomento Economico Mexicano S.A., Kinder Morgan, Inc., Melco Resorts & Entertainment L

Increases - Cemex, S.A.B. de C.V. Sponsored, ICICI Bank Limited, VALE S.A., Star Bulk Carriers

Reductions - Ambev S.A., Banner Corporation, Gerdau S.A., Itau Unibanco Banco Holding SA, Taiwan Semiconductor Manufactur

Complete Exits - BRF S.A., Banco Santander - Chile, Ishares MSCI India ETF, Infosys Limited, JD.com, Inc., and 2 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
Q3 2016	ABEV Ambev S.A.	Ambev S.A.	Sell	-910,242	-19.6%	$22.69K	3,727,958
Q3 2016	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy - Position Entry	+560,148	-	$59.24K	560,148
Q3 2016	BANR Banner Corporation	Banner Corporation	Sell	-125,705	-4.8%	$108.18K	2,473,283
Q3 2016	BIDU Baidu, Inc.	Baidu, Inc.	Buy - Position Entry	+8,214	-	$1.50K	8,214
Q3 2016	BRFS BRF S.A.	BRF S.A.	Sell - Position Exit	-1,922,699	-100.0%	$0.00	-
Q3 2016	BSAC Banco Santander - Chile	Banco Santander - Chile	Sell - Position Exit	-869,282	-100.0%	$0.00	-
Q3 2016	CX Cemex, S.A.B. de C.V. Sponsored	Cemex, S.A.B. de C.V. Sponsored	Buy	+14,525	+0.2%	$53.87K	6,786,681
Q3 2016	FMX Fomento Economico Mexicano S.A.	Fomento Economico Mexicano S.A.	Buy - Position Entry	+250,143	-	$23.01K	250,143
Q3 2016	GGB Gerdau S.A.	Gerdau S.A.	Sell	-1,647,364	-17.3%	$21.36K	7,854,363
Q3 2016	IBN ICICI Bank Limited	ICICI Bank Limited	Buy	+1,771,941	+42.8%	$44.15K	5,912,417
Q3 2016	INDA Ishares MSCI India ETF	Ishares MSCI India ETF	Sell - Position Exit	-25,900	-100.0%	$0.00	-
Q3 2016	INFY Infosys Limited	Infosys Limited	Sell - Position Exit	-215,600	-100.0%	$0.00	-
Q3 2016	ITUB Itau Unibanco Banco Holding SA	Itau Unibanco Banco Holding SA	Sell	-276,629	-4.1%	$70.59K	6,455,046
Q3 2016	JD JD.com, Inc.	JD.com, Inc.	Sell - Position Exit	-1,156,960	-100.0%	$0.00	-
Q3 2016	KMI Kinder Morgan, Inc.	Kinder Morgan, Inc.	Buy - Position Entry	+908,699	-	$21.02K	908,699
Q3 2016	MLCO Melco Resorts & Entertainment L	Melco Resorts & Entertainment L	Buy - Position Entry	+132,423	-	$2.13K	132,423
Q3 2016	NGVT Ingevity Corporation	Ingevity Corporation	Sell - Position Exit	-261,810	-100.0%	$0.00	-
Q3 2016	TEO Telecom Argentina SA	Telecom Argentina SA	Sell - Position Exit	-558,151	-100.0%	$0.00	-
Q3 2016	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-948,559	-21.8%	$103.92K	3,398,797
Q3 2016	VALE VALE S.A.	VALE S.A.	Buy	+700,000	+128.0%	$6.86K	1,247,000
Q3 2016	Y8162K204 Star Bulk Carriers	Star Bulk Carriers	Buy	+6,217,979	+27.2%	$132.02K	29,078,777