Howard Marks – Oaktree Capital Management Portfolio Activity & Recent Trades (Jun 30, 2025)
As of Jun 30, 2025, the Oaktree Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 13, 2025. 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 Q2 2025, the filing reported:
New Buys – Barrick Gold (B), Bausch + Lomb Corporation (BLCO), Liberty Latin America Ltd (LILAK), Full Truck Alliance Co. Ltd. (YMM), Hudson Technologies, Inc. (HDSN), and 4 more
Increases – Itau Unibanco Banco Holding SA (ITUB), Grab (G4124C109), Liberty Global (LBTYA), TransAlta Corporation (TAC), KANZHUN LIMITED - American Depo (BZ), and 5 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
Oaktree Capital Management Activity
| Date | Symbol | Type | Quantity |
|---|---|---|---|
Q2 2025Jun 30, 2025 | CHK | Sell | -500,000-9.0% |
Q2 2025Jun 30, 2025 | AU AngloGold Ashanti | Sell | -517,114-9.5% |
Q2 2025Jun 30, 2025 | JD JD.com, Inc. | Sell - Position Exit | -960,796-100.0% |
Q2 2025Jun 30, 2025 | RWAY Runway Growth Finance Corp. | Sell | -1,000,000-9.3% |
Q2 2025Jun 30, 2025 | KC Kingsoft Cloud Holdings Limited | Sell - Position Exit | -1,091,853-100.0% |
Q2 2025Jun 30, 2025 | HTHT H World Group Limited | Sell - Position Exit | -1,229,399-100.0% |
Q2 2025Jun 30, 2025 | VCSA Vacasa, Inc. | Sell - Position Exit | -1,375,448-100.0% |
Q2 2025Jun 30, 2025 | BAK Braskem SA | Sell | -1,891,125-80.7% |
Q2 2025Jun 30, 2025 | BILI Bilibili Inc. | Sell - Position Exit | -1,925,797-100.0% |
Q2 2025Jun 30, 2025 | Y8162K204 Star Bulk Carriers | Sell | -2,143,104-39.9% |
Q2 2025Jun 30, 2025 | GOLD Barrick Gold Corporation | Sell - Position Exit | -2,516,658-100.0% |
Q2 2025Jun 30, 2025 | PBR Petroleo Brasileiro S.A.- Petro | Sell - Position Exit | -2,659,492-100.0% |
Q2 2025Jun 30, 2025 | VALE VALE S.A. | Sell | -3,981,076-66.2% |
Q2 2025Jun 30, 2025 | CX Cemex, S.A.B. de C.V. Sponsored | Sell | -4,544,697-23.4% |
Q2 2025Jun 30, 2025 | GTX Garrett Motion Inc. | Sell | -7,188,000-16.3% |
Q1 2025Mar 31, 2025 | NOK Nokia Corporation Sponsored | Buy - Position Entry | +18,752,227 |
Q1 2025Mar 31, 2025 | G4124C109 Grab | Buy - Position Entry | +10,275,995 |
Q1 2025Mar 31, 2025 | ITUB Itau Unibanco Banco Holding SA | Buy - Position Entry | +6,941,012 |
Q1 2025Mar 31, 2025 | TAC TransAlta Corporation | Buy - Position Entry | +5,585,253 |
Q1 2025Mar 31, 2025 | CX Cemex, S.A.B. de C.V. Sponsored | Buy | +4,794,697+32.9% |
Q1 2025Mar 31, 2025 | EC Ecopetrol S.A. | Buy - Position Entry | +3,162,122 |
Q1 2025Mar 31, 2025 | INDV Indivior | Buy | +2,275,577+26.1% |
Q1 2025Mar 31, 2025 | BILI Bilibili Inc. | Buy - Position Entry | +1,925,797 |
Q1 2025Mar 31, 2025 | GOLD Barrick Gold Corporation | Buy | +1,501,595+147.9% |
Q1 2025Mar 31, 2025 | BEKE KE Holdings Inc | Buy - Position Entry | +1,254,784 |
Q1 2025Mar 31, 2025 | KC Kingsoft Cloud Holdings Limited | Buy - Position Entry | +1,091,853 |
Q1 2025Mar 31, 2025 | FCX Freeport-McMoRan, Inc. | Buy | +428,105+24.3% |
Q1 2025Mar 31, 2025 | BIDU Baidu, Inc. | Buy - Position Entry | +199,684 |
Q1 2025Mar 31, 2025 | HTHT H World Group Limited | Buy | +84,130+7.3% |
Q1 2025Mar 31, 2025 | TX Ternium S.A. Ternium S.A. | Sell | -15,700-1.9% |