Howard Marks - Oaktree Capital Management 13F Activity & Position Changes (Q3 2024)

As of Sep 30, 2024, the Oaktree Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 14, 2024. 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 2024, the filing reported:

New Buys - KANZHUN LIMITED - American Depo, California Resources Corporatio, DAQO New Energy Corp., EnLink Midstream, LLC, Infosys Limited, and 5 more

Increases - Altice USA, Inc., Alibaba Group Holding Limited, Braskem SA, Freeport-McMoRan, Inc., HDFC Bank Limited, and 7 more

Reductions - AngloGold Ashanti, Banco Bradesco Sa, H World Group Limited, JD.com, Inc., Petroleo Brasileiro S.A.- Petro, and 6 more

Complete Exits - Azul S.A., Gerdau S.A., Star Holdings - Shares of Benef

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 2024	ATUS Altice USA, Inc.	Altice USA, Inc.	Buy	+1,560,940	+26.3%	$18.45M	7,500,000
Q3 2024	AU AngloGold Ashanti	AngloGold Ashanti	Sell	-671,437	-10.6%	$150.66M	5,657,451
Q3 2024	AZUL Azul S.A.	Azul S.A.	Sell - Position Exit	-2,445,850	-100.0%	$0.00	-
Q3 2024	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+102,144	+83.3%	$23.85M	224,719
Q3 2024	BAK Braskem SA	Braskem SA	Buy	+48,524	+2.0%	$18.29M	2,491,792
Q3 2024	BBD Banco Bradesco Sa	Banco Bradesco Sa	Sell	-20,697,066	-59.5%	$37.55M	14,114,711
Q3 2024	BZ KANZHUN LIMITED - American Depo	KANZHUN LIMITED - American Depo	Buy - Position Entry	+2,011,574	-	$34.92M	2,011,574
Q3 2024	CRC California Resources Corporatio	California Resources Corporatio	Buy - Position Entry	+2,046,753	-	$107.39M	2,046,753
Q3 2024	DQ DAQO New Energy Corp.	DAQO New Energy Corp.	Buy - Position Entry	+604,939	-	$12.32M	604,939
Q3 2024	ENLC EnLink Midstream, LLC	EnLink Midstream, LLC	Buy - Position Entry	+2,525,098	-	$36.64M	2,525,098
Q3 2024	FCX Freeport-McMoRan, Inc.	Freeport-McMoRan, Inc.	Buy	+7,332	+0.3%	$121.07M	2,425,239
Q3 2024	GGB Gerdau S.A.	Gerdau S.A.	Sell - Position Exit	-5,888,855	-100.0%	$0.00	-
Q3 2024	HDB HDFC Bank Limited	HDFC Bank Limited	Buy	+1,562	+3.0%	$3.38M	54,040
Q3 2024	HTHT H World Group Limited	H World Group Limited	Sell	-124,541	-9.6%	$43.44M	1,167,869
Q3 2024	INDV Indivior	Indivior	Buy	+5,028,807	+111.9%	$94.07M	9,521,980
Q3 2024	INFY Infosys Limited	Infosys Limited	Buy - Position Entry	+1,711,512	-	$38.12M	1,711,512
Q3 2024	ITUB Itau Unibanco Banco Holding SA	Itau Unibanco Banco Holding SA	Buy	+2,430,241	+36.6%	$60.36M	9,076,407
Q3 2024	JD JD.com, Inc.	JD.com, Inc.	Sell	-1,060,487	-37.6%	$70.41M	1,760,208
Q3 2024	LBTYA Liberty Global	Liberty Global	Buy	+2,171,621	+57.1%	$126.10M	5,973,258
Q3 2024	NTES NetEase, Inc.	NetEase, Inc.	Buy - Position Entry	+232,594	-	$21.75M	232,594
Q3 2024	PBR Petroleo Brasileiro S.A.- Petro	Petroleo Brasileiro S.A.- Petro	Sell	-437,181	-9.7%	$58.64M	4,069,272
Q3 2024	PDD PDD Holdings Inc.	PDD Holdings Inc.	Buy - Position Entry	+283,267	-	$38.19M	283,267
Q3 2024	STHO Star Holdings - Shares of Benef	Star Holdings - Shares of Benef	Sell - Position Exit	-966,868	-100.0%	$0.00	-
Q3 2024	TCOM Trip.com Group Limited	Trip.com Group Limited	Buy	+205,878	+35.2%	$47.04M	791,523
Q3 2024	TEO Telecom Argentina SA	Telecom Argentina SA	Buy	+60,000	+2.0%	$23.22M	3,079,088
Q3 2024	TGS Transportadora de Gas del Sur S	Transportadora de Gas del Sur S	Sell	-50,000	-5.1%	$16.93M	923,183
Q3 2024	TLN Talen Energy	Talen Energy	Buy - Position Entry	+696,676	-	$124.18M	696,676
Q3 2024	TPIC TPI Composites, Inc.	TPI Composites, Inc.	Buy	+9,361	+0.2%	$20.98M	4,610,003
Q3 2024	TRMD TORM	TORM	Sell	-3,528,866	-8.0%	$1.38B	40,581,120
Q3 2024	TX Ternium S.A. Ternium S.A.	Ternium S.A. Ternium S.A.	Sell	-89,431	-9.6%	$31.19M	844,909

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