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 | ITUB Itau Unibanco Banco Holding SA | Buy | +4,063,482+58.5% |
Q2 2025Jun 30, 2025 | B Barrick Gold | Buy - Position Entry | +3,157,686 |
Q2 2025Jun 30, 2025 | BLCO Bausch + Lomb Corporation | Buy - Position Entry | +2,521,245 |
Q2 2025Jun 30, 2025 | LILAK Liberty Latin America Ltd | Buy - Position Entry | +2,328,516 |
Q2 2025Jun 30, 2025 | YMM Full Truck Alliance Co. Ltd. | Buy - Position Entry | +1,842,337 |
Q2 2025Jun 30, 2025 | G4124C109 Grab | Buy | +1,293,300+12.6% |
Q2 2025Jun 30, 2025 | LBTYA Liberty Global | Buy | +1,008,001+14.0% |
Q2 2025Jun 30, 2025 | HDSN Hudson Technologies, Inc. | Buy - Position Entry | +562,662 |
Q2 2025Jun 30, 2025 | TAC TransAlta Corporation | Buy | +500,000+9.0% |
Q2 2025Jun 30, 2025 | BZ KANZHUN LIMITED - American Depo | Buy | +400,311+34.2% |
Q2 2025Jun 30, 2025 | EC Ecopetrol S.A. | Buy | +387,700+12.3% |
Q2 2025Jun 30, 2025 | YPF YPF Sociedad Anonima | Buy - Position Entry | +324,330 |
Q2 2025Jun 30, 2025 | BEKE KE Holdings Inc | Buy | +258,255+20.6% |
Q2 2025Jun 30, 2025 | BTAI BioXcel | Buy - Position Entry | +241,188 |
Q2 2025Jun 30, 2025 | N4732M103 JBS | Buy - Position Entry | +238,610 |
Q2 2025Jun 30, 2025 | TX Ternium S.A. Ternium S.A. | Buy | +107,100+13.2% |
Q2 2025Jun 30, 2025 | SE Sea Limited | Buy - Position Entry | +83,513 |
Q2 2025Jun 30, 2025 | STR Sitio Royalties Corp. | Buy | +10,431+0.1% |
Q2 2025Jun 30, 2025 | NOK Nokia Corporation Sponsored | Buy | +2+0.0% |
Q2 2025Jun 30, 2025 | HDB HDFC Bank Limited | Sell | -4,854-5.4% |
Q2 2025Jun 30, 2025 | TEO Telecom Argentina SA | Sell | -65,000-2.4% |
Q2 2025Jun 30, 2025 | VIST Vista Energy S.A.B. de C.V. | Sell | -123,000-5.6% |
Q2 2025Jun 30, 2025 | TLN Talen Energy | Sell | -190,000-59.4% |
Q2 2025Jun 30, 2025 | FCX Freeport-McMoRan, Inc. | Sell | -195,033-8.9% |
Q2 2025Jun 30, 2025 | BIDU Baidu, Inc. | Sell - Position Exit | -199,684-100.0% |
Q2 2025Jun 30, 2025 | BMA Banco Macro S.A. | Sell | -199,871-76.7% |
Q2 2025Jun 30, 2025 | L01800108 Alvotech | Sell | -304,807-16.3% |
Q2 2025Jun 30, 2025 | DQ DAQO New Energy Corp. | Sell - Position Exit | -344,819-100.0% |
Q2 2025Jun 30, 2025 | TGS Transportadora de Gas del Sur S | Sell | -346,976-71.6% |
Q2 2025Jun 30, 2025 | ONIT Onity Group Inc. | Sell - Position Exit | -410,429-100.0% |