Howard Marks - Oaktree Capital Management 13F Activity & Position Changes (Q3 2019)

As of Sep 30, 2019, 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 2019, the filing reported:

New Buys - Afya, Amplify Energy Corp., iHeartMedia, Inc., Vista Energy S.A.B. de C.V., YPF Sociedad Anonima

Increases - Bel Fuse Inc., Cemex, S.A.B. de C.V. Sponsored, HUYA Inc., Ishares MSCI India ETF, Loma Negra Compania Industrial , and 6 more

Reductions - Azul S.A., BRF S.A., ICICI Bank Limited, Infosys Limited, Itau Unibanco Banco Holding SA, and 6 more

Complete Exits - BeiGene, Ltd., Weibo Corporation

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 2019	AFYA Afya	Afya	Buy - Position Entry	+697,554	-	$17.89K	697,554
Q3 2019	AMPY Amplify Energy Corp.	Amplify Energy Corp.	Buy - Position Entry	+410,750	-	$2.53K	410,750
Q3 2019	AZUL Azul S.A.	Azul S.A.	Sell	-480,230	-31.7%	$37.13K	1,036,438
Q3 2019	BELFB Bel Fuse Inc.	Bel Fuse Inc.	Buy	+287,619	+164.3%	$6.95K	462,679
Q3 2019	BGNE BeiGene, Ltd.	BeiGene, Ltd.	Sell - Position Exit	-26,700	-100.0%	$0.00	-
Q3 2019	BRFS BRF S.A.	BRF S.A.	Sell	-153,229	-2.7%	$49.87K	5,444,574
Q3 2019	CX Cemex, S.A.B. de C.V. Sponsored	Cemex, S.A.B. de C.V. Sponsored	Buy	+428,129	+6.0%	$29.84K	7,611,460
Q3 2019	HUYA HUYA Inc.	HUYA Inc.	Buy	+171,925	+31.8%	$16.83K	712,025
Q3 2019	IBN ICICI Bank Limited	ICICI Bank Limited	Sell	-270,516	-3.1%	$101.89K	8,365,394
Q3 2019	IHRT iHeartMedia, Inc.	iHeartMedia, Inc.	Buy - Position Entry	+715,247	-	$10.73K	715,247
Q3 2019	INDA Ishares MSCI India ETF	Ishares MSCI India ETF	Buy	+4,200	+7.0%	$2.15K	64,000
Q3 2019	INFY Infosys Limited	Infosys Limited	Sell	-85,103	-2.3%	$40.80K	3,587,835
Q3 2019	ITUB Itau Unibanco Banco Holding SA	Itau Unibanco Banco Holding SA	Sell	-259,623	-2.2%	$98.10K	11,664,043
Q3 2019	LOMA Loma Negra Compania Industrial	Loma Negra Compania Industrial	Buy	+105,000	+98.1%	$1.22K	212,000
Q3 2019	NBIS Nebius Group	Nebius Group	Sell	-94,163	-16.2%	$17.11K	488,857
Q3 2019	PAM Pampa Energia S.A.	Pampa Energia S.A.	Buy	+65,000	+12.3%	$10.30K	593,000
Q3 2019	PBR Petroleo Brasileiro S.A.- Petro	Petroleo Brasileiro S.A.- Petro	Sell	-56,727	-2.6%	$31.03K	2,144,121
Q3 2019	PBR-A Petroleo Brasileiro S.A.- Petro	Petroleo Brasileiro S.A.- Petro	Sell	-131,884	-2.4%	$71.69K	5,455,930
Q3 2019	PCG Pacific Gas & Electric Co.	Pacific Gas & Electric Co.	Sell	-400,000	-32.9%	$8.15K	815,000
Q3 2019	TEO Telecom Argentina SA	Telecom Argentina SA	Buy	+112,500	+9.4%	$13.11K	1,310,500
Q3 2019	TGS Transportadora de Gas del Sur S	Transportadora de Gas del Sur S	Buy	+165,000	+15.8%	$10.26K	1,208,000
Q3 2019	TRMD TORM	TORM	Buy	+663,749	+1.4%	$408.75K	48,263,921
Q3 2019	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-71,001	-2.4%	$132.41K	2,848,572
Q3 2019	TV Grupo Televisa S.A.B.	Grupo Televisa S.A.B.	Buy	+181,000	+47.0%	$5.54K	566,000
Q3 2019	VIST Vista Energy S.A.B. de C.V.	Vista Energy S.A.B. de C.V.	Buy - Position Entry	+1,880,000	-	$9.72K	1,880,000
Q3 2019	VST Vistra Corp.	Vistra Corp.	Sell	-873,344	-3.1%	$729.14K	27,278,055
Q3 2019	WB Weibo Corporation	Weibo Corporation	Sell - Position Exit	-531,918	-100.0%	$0.00	-
Q3 2019	Y8162K204 Star Bulk Carriers	Star Bulk Carriers	Buy	+650,000	+1.7%	$383.30K	38,063,697
Q3 2019	YPF YPF Sociedad Anonima	YPF Sociedad Anonima	Buy - Position Entry	+1,442,103	-	$13.34K	1,442,103