Howard Marks - Oaktree Capital Management Options Holdings (Q3 2025)
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 1 call contract and 5 put contracts across companies such as SPDR S&P 500 (SPY), Oracle Corporation (ORCL), iShares Russell 2000 ETF (IWM). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.
Options Positions
Showing 6 of 6 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q3 2025 | SPY | SPDR S&P 500 | PUT | 330,000 | $219,839,400.00 |
| Q3 2025 | ORCL | Oracle Corporation | PUT | 500,000 | $140,620,000.00 |
| Q3 2025 | IWM | iShares Russell 2000 ETF | PUT | 220,000 | $53,231,200.00 |
| Q3 2025 | MAR | Marriott International | PUT | 150,000 | $39,066,000.00 |
| Q3 2025 | TLN | Talen Energy | CALL | 65,000 | $27,649,700.00 |
| Q3 2025 | WING | Wingstop Inc. | PUT | 50,000 | $12,584,000.00 |
Note: Notional value represents the total exposure of the options position.