Howard Marks - Oaktree Capital Management Options Holdings (Q1 2026)
According to the SEC 13F filed on Aug 14, 2026, the Oaktree Capital Management portfolio disclosed options positions as of quarter-end Jun 30, 2026. These positions include call and put options tied to underlying equity holdings, providing a deeper look at the fund's use of derivatives for exposure and hedging.
The reported options activity included 2 call contracts and 3 put contracts across companies such as Invesco QQQ Trust, Series 1 (QQQ), SPDR S&P Oil & Gas Explor & Pro (XOP), Core Scientific, Inc. (CORZ). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.
Options Positions
Showing 5 of 5 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q1 2026 | QQQ | Invesco QQQ Trust, Series 1 | PUT | 570,000 | $328,992,600.00 |
| Q1 2026 | XOP | SPDR S&P Oil & Gas Explor & Pro | PUT | 1,000,000 | $181,830,000.00 |
| Q1 2026 | CORZ | Core Scientific, Inc. | CALL | 3,500,000 | $52,360,000.00 |
| Q1 2026 | TLN | Talen Energy | CALL | 150,000 | $47,884,500.00 |
| Q1 2026 | LYB | LyondellBasell | PUT | 500,000 | $40,280,000.00 |
Note: Notional value represents the total exposure of the options position.