Howard Marks - Oaktree Capital Management Portfolio Allocation (Sep 30, 2025)
As of Sep 30, 2025, the Oaktree Capital Management portfolio managed by Howard Marks was diversified across 12 sectors, according to the most recent SEC 13F filing dated Nov 13, 2025. 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 33.5% of total portfolio value, followed by ETF and Energy and Consumer Cyclical. Together, the top three sectors account for 51.2% 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 | 33.44% | |
| Energy | 9.92% | |
| Consumer Cyclical | 7.87% | |
| Technology | 7.10% | |
| Communication Services | 4.93% | |
| Basic Materials | 3.57% | |
| Financial Services | 3.18% | |
| Real Estate | 2.75% | |
| Consumer Defensive | 1.87% | |
| Utilities | 1.35% | |
| Healthcare | 0.88% | |
| Industrials | 0.00% | |