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

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, 2019. 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