Howard Marks - Oaktree Capital Management Portfolio Allocation (Dec 31, 2025)
As of Dec 31, 2025, the Oaktree Capital Management portfolio managed by Howard Marks was diversified across 11 sectors, according to the most recent SEC 13F filing dated Feb 17, 2026. This allocation breakdown highlights where the portfolio is most concentrated and how capital is distributed across industries.
The ETF sector represents the largest share at 35.4% of total portfolio value, followed by ETF and Energy and Technology. Together, the top three sectors account for 50.7% of the portfolio, reflecting Howard Marks's emphasis on strategic positioning. This sector allocation provides insights into the fund's investment strategy and risk exposure.
| Sector | Percentage of portfolio (%) |
|---|---|
| ETF | 35.39% |
| Energy | 8.98% |
| Technology | 6.40% |
| Consumer Cyclical | 4.90% |
| Communication Services | 4.41% |
| Basic Materials | 3.27% |
| Financial Services | 2.96% |
| Real Estate | 2.31% |
| Utilities | 1.16% |
| Consumer Defensive | 1.12% |
| Healthcare | 0.95% |