Howard Marks - Oaktree Capital Management Options Activity (Q3 2025)
As of Sep 30, 2025, the Oaktree Capital Management portfolio disclosed options positions in its latest SEC 13F filing reported on Nov 13, 2025. These filings 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. For strike, expiration, and historical option strategies, visit the live options page on InsiderSet.
Need earlier quarters? View the historical options archive.