Howard Marks · Oaktree Capital Management LP
| Period: | Q1 2025 |
| Portfolio date: | Mar 31, 2025 |
| No. of stocks: | 167 |
| Portfolio value: | $5.2B |
Viewing historical Q1 2025 data. Holdings + moves reflect that quarter — not current.← Back to latest
| Stock | % of Portfolio | Recent Activity | Shares | Reported Price * | Value | Current Price | +/- Reported Price | 52 Week Low | 52 Week High |
|---|---|---|---|---|---|---|---|---|---|
| TRMD · Torm Plc | 12.82 | 40,581,120 | $16.33 | $662,769,533 | $33.92 | +107.69% | $15.79 | $34.88 | |
| EXE · Expand Energy Corporation | 11.98 | Reduce 19.82% | 5,562,364 | $111.32 | $619,202,388 | $95.92 | -13.84% | $91.02 | $126.62 |
| GTX · Garrett Motion Inc. | 7.14 | 44,082,816 | $8.37 | $368,973,169 | $29.00 | +246.48% | $9.57 | $29.18 | |
| 82983N108 · Sitio Royalties Corp. | 4.97 | 12,935,120 | $19.87 | $257,020,834 | — | — | — | — | |
| AU · Anglogold Ashanti Plc | 3.92 | Reduce 1.67% | 5,464,851 | $37.12 | $202,855,269 | $107.03 | +188.34% | $38.61 | $129.14 |
| 78462F103 · Spdr S&P 500 Etf Tr | 3.68 | Add 6.25% | 340,000 | $559.39 | $190,192,600 | — | — | — | — |
| TLN · Talen Energy Corp. | 2.32 | Reduce 5.78% | 599,829 | $199.67 | $119,767,856 | $386.37 | +93.50% | $232.34 | $451.28 |
| RWAY · Runway Growth Finance Corp. | 2.16 | 10,779,667 | $10.35 | $111,569,562 | $6.54 | -36.81% | $6.36 | $11.40 | |
| CX · Cemex Sab De Cv | 2.10 | Add 32.87% | 19,383,729 | $5.61 | $108,742,719 | $13.11 | +133.69% | $6.40 | $13.67 |
| INDV · Indivior Plc | 2.00 | Add 26.06% | 11,009,125 | $9.40 | $103,450,915 | $39.50 | +320.35% | $10.63 | $41.00 |
| VIST · Vista Energy S.A.B. De C.V. | 1.97 | Reduce 4.75% | 2,184,561 | $46.56 | $101,713,160 | $65.21 | +40.06% | $31.63 | $79.20 |
| STKL · Sunopta Inc. | 1.95 | 20,726,126 | $4.86 | $100,774,304 | $6.50 | +33.68% | $3.32 | $6.94 | |
| NOK · Nokia Corp. | 1.91 | New | 18,752,227 | $5.27 | $98,824,236 | $12.82 | +143.26% | $4.00 | $13.98 |
| SBLK · Star Bulk Carriers Corp. | 1.62 | 5,373,631 | $15.56 | $83,613,698 | $26.83 | +72.43% | $15.78 | $27.20 | |
| FCX · Freeport-Mcmoran Inc. | 1.60 | Add 24.28% | 2,191,108 | $37.86 | $82,955,348 | $61.65 | +62.84% | $35.15 | $70.97 |
| LBTYA · Liberty Global Ltd. | 1.60 | Reduce 6.49% | 7,204,190 | $11.51 | $82,920,226 | $12.15 | +5.56% | $9.03 | $13.52 |
| 124830878 · Cbl & Assoc Pptys Inc. | 1.55 | 3,005,126 | $26.58 | $79,876,275 | — | — | — | — | |
| KRC · Kilroy Rlty Corp. | 1.17 | 1,850,011 | $32.76 | $60,606,360 | $34.90 | +6.53% | $27.36 | $45.03 | |
| 13057Q305 · California Res Corp. | 1.17 | Reduce 32.73% | 1,376,753 | $43.97 | $60,535,829 | — | — | — | — |
| VALE · Vale S A | 1.16 | Reduce 16.37% | 6,014,782 | $9.98 | $60,027,524 | $16.63 | +66.63% | $8.97 | $17.94 |
| TAC · Transalta Corp. | 1.01 | New | 5,585,253 | $9.33 | $52,117,386 | $12.76 | +36.74% | $8.73 | $17.88 |
| 067901108 · Barrick Gold Corp. | 0.95 | Add 147.93% | 2,516,658 | $19.44 | $48,923,831 | — | — | — | — |
| 19249HAB9 · Coherus Biosciences Inc. | 0.93 | 49,030,000 | $0.98 | $48,294,369 | — | — | — | — | |
| GRAB · Grab Holdings Limited | 0.90 | New | 10,275,995 | $4.53 | $46,550,257 | $3.72 | -17.88% | $3.48 | $6.62 |
| HTHT · H World Group Ltd. | 0.88 | Add 7.35% | 1,229,399 | $37.01 | $45,500,056 | $47.08 | +27.21% | $30.41 | $56.64 |
| JBLU · Jetblue Airways Corp. | 0.79 | Add 8.24% | 43,234,000 | $0.95 | $40,877,747 | $5.11 | +440.45% | $3.84 | $6.50 |
| CABO · Cable One Inc. | 0.78 | Reduce 7.64% | 42,610,000 | $0.95 | $40,479,500 | $62.39 | +6467.37% | $53.94 | $180.74 |
| PEB · Pebblebrook Hotel Tr | 0.78 | Add 4.89% | 43,139,000 | $0.94 | $40,421,243 | $14.72 | +1470.97% | $8.69 | $14.85 |
| JD · Jd.Com Inc. | 0.76 | Reduce 31.86% | 960,796 | $41.12 | $39,507,931 | $30.13 | -26.73% | $24.51 | $38.08 |
| ITUB · Itau Unibanco Hldg S A | 0.74 | New | 6,941,012 | $5.50 | $38,175,571 | $8.37 | +52.18% | $5.93 | $9.60 |
| 71654V408 · Petroleo Brasileiro Sa Petro | 0.74 | Reduce 20.68% | 2,659,492 | $14.34 | $38,137,115 | — | — | — | — |
| BILI · Bilibili Inc. | 0.71 | New | 1,925,797 | $19.11 | $36,801,980 | — | — | — | — |
| EC · Ecopetrol S A | 0.64 | New | 3,162,122 | $10.44 | $33,012,553 | — | — | — | — |
| 75606DAP6 · Anywhere Real Estate Inc. | 0.60 | Reduce 8.12% | 33,515,000 | $0.93 | $31,227,601 | — | — | — | — |
| OCSL · Oaktree Specialty Lending Co. | 0.55 | 1,852,456 | $15.36 | $28,453,724 | $12.15 | -20.90% | $10.63 | $14.77 | |
| TEO · Telecom Argentina Sa | 0.53 | Reduce 3.22% | 2,709,263 | $10.19 | $27,607,389 | $11.82 | +16.00% | $6.43 | $13.81 |
| NEO · Neogenomics Inc. | 0.53 | Add 725.83% | 31,456,000 | $0.87 | $27,288,080 | $8.96 | +932.85% | $4.72 | $13.74 |
| TX · Ternium Sa | 0.49 | Reduce 1.90% | 812,609 | $31.16 | $25,320,896 | $46.92 | +50.58% | $27.12 | $49.69 |
| BEKE · Ke Hldgs Inc. | 0.49 | New | 1,254,784 | $20.09 | $25,208,610 | $18.87 | -6.07% | $14.40 | $20.98 |
| ABNB · Airbnb Inc. | 0.46 | Add 1537.83% | 25,108,000 | $0.96 | $24,028,355 | $141.49 | +14684.74% | $110.81 | $147.25 |
| BZ · Kanzhun Limited | 0.43 | Reduce 33.57% | 1,170,961 | $19.17 | $22,447,322 | $14.02 | -26.86% | $12.85 | $25.26 |
| ETSY · Etsy Inc. | 0.41 | Add 47.35% | 24,981,000 | $0.85 | $21,290,057 | $64.38 | +7454.12% | $44.00 | $76.52 |
| SE · Sea Ltd. | 0.40 | Add 182.33% | 22,355,000 | $0.93 | $20,890,747 | $86.73 | +9180.90% | $77.05 | $199.30 |
| OPTU · Optimum Communications Inc. | 0.39 | 7,500,000 | $2.66 | $19,950,000 | $1.13 | -57.52% | $1.11 | $2.98 | |
| 05961W105 · Banco Macro Sa | 0.38 | Reduce 31.21% | 260,462 | $75.51 | $19,667,485 | — | — | — | — |
| GH · Guardant Health Inc. | 0.38 | Reduce 42.71% | 22,076,000 | $0.89 | $19,612,956 | $95.70 | +10671.82% | $36.36 | $120.74 |
| BIDU · Baidu Inc. | 0.36 | New | 199,684 | $92.03 | $18,376,918 | $141.05 | +53.27% | $81.17 | $165.30 |
| ALVO · Alvotech | 0.35 | Reduce 2.97% | 1,868,483 | $9.67 | $18,068,230 | $3.26 | -66.29% | $3.03 | $11.85 |
| SATS · Echostar Corp. | 0.35 | New | 16,000,000 | $1.12 | $17,899,004 | $127.15 | +11266.00% | $14.90 | $137.44 |
| SNAP · Snap Inc. | 0.34 | Add 134.91% | 20,672,000 | $0.85 | $17,540,192 | $6.08 | +616.56% | $3.81 | $10.41 |
| UNIT · Uniti Group Inc. | 0.33 | 3,397,592 | $5.04 | $17,123,863 | — | — | — | — | |
| CNMD · Conmed Corp. | 0.32 | Add 120.08% | 17,428,000 | $0.94 | $16,408,461 | $36.76 | +3804.41% | $33.21 | $61.08 |
| KC · Kingsoft Cloud Hldgs Ltd. | 0.30 | New | 1,091,853 | $14.36 | $15,679,009 | — | — | — | — |
| NVST · Envista Holdings Corporation | 0.30 | Add 162.10% | 17,118,000 | $0.90 | $15,459,694 | $24.24 | +2584.01% | $16.41 | $30.42 |
| AG · First Majestic Silver Corp. | 0.28 | Add 84.29% | 15,626,000 | $0.94 | $14,688,440 | — | — | — | — |
| LIVN · Livanova Plc | 0.28 | New | 14,988,000 | $0.96 | $14,321,033 | $71.86 | +7420.67% | $41.02 | $72.51 |
| VAC · Marriott Vacations Worldwide | 0.28 | Add 369.28% | 15,336,000 | $0.93 | $14,224,140 | $77.12 | +8214.82% | $44.58 | $86.33 |
| TDOC · Teladoc Health Inc. | 0.27 | Add 102.72% | 15,354,000 | $0.92 | $14,141,028 | $7.25 | +687.19% | $4.40 | $9.77 |
| ONIT · Onity Group Inc. | 0.26 | 410,429 | $32.32 | $13,265,065 | $38.91 | +20.39% | $35.47 | $54.10 | |
| 893870204 · Transportadora De Gas Sur | 0.25 | Reduce 38.98% | 484,606 | $26.46 | $12,822,674 | — | — | — | — |
| BBIO · Bridgebio Pharma Inc. | 0.25 | Add 272.17% | 14,135,000 | $0.90 | $12,742,702 | $67.39 | +7375.32% | $31.77 | $84.94 |
| 69352PAS2 · Ppl Cap Fdg Inc. | 0.24 | Add 30.38% | 11,081,000 | $1.12 | $12,427,341 | — | — | — | — |
| 62886HBD2 · Ncl Corp. Ltd. | 0.24 | Add 13.56% | 12,559,000 | $0.97 | $12,219,906 | — | — | — | — |
| ASND · Ascendis Pharma A/S | 0.24 | Reduce 29.20% | 10,267,000 | $1.19 | $12,206,490 | $238.66 | +19973.93% | $150.89 | $250.74 |
| FOUR · Shift4 Pmts Inc. | 0.24 | Add 21.19% | 12,010,000 | $1.01 | $12,184,145 | — | — | — | — |
| HTHT · H World Group Ltd. | 0.24 | Add 11.37% | 10,857,000 | $1.12 | $12,148,983 | — | — | — | — |
| 08579X101 · Berry Corp. | 0.23 | 3,697,000 | $3.21 | $11,867,370 | — | — | — | — | |
| CMS · Cms Energy Corp. | 0.22 | Add 14.54% | 10,467,000 | $1.11 | $11,602,669 | $72.61 | +6450.29% | $67.71 | $80.36 |
| ENPH · Enphase Energy Inc. | 0.21 | Add 399.65% | 11,497,000 | $0.95 | $10,936,521 | $36.45 | +3731.80% | $25.78 | $54.43 |
| SHAK · Shake Shack Inc. | 0.21 | Add 35.06% | 11,556,000 | $0.93 | $10,696,522 | $70.14 | +7477.58% | $67.20 | $144.65 |
| 86745KAF1 · Sunnova Energy International Inc. | 0.21 | Add 43.70% | 106,199,000 | $0.10 | $10,619,892 | — | — | — | — |
| NEE · Nextera Energy Cap Hldgs Inc. | 0.20 | New | 8,841,000 | $1.16 | $10,224,616 | $93.10 | +7950.15% | $63.88 | $98.75 |
| ENPH · Enphase Energy Inc. | 0.19 | New | 11,840,000 | $0.85 | $10,058,080 | $36.45 | +4190.76% | $25.78 | $54.43 |
| MX · Magnachip Semiconductor Corp. | 0.19 | 2,849,858 | $3.43 | $9,775,012 | $4.53 | +32.07% | $2.18 | $5.64 | |
| EXE · Expand Energy Corp. | 0.19 | 95,294 | $100.64 | $9,590,388 | $95.92 | -4.69% | $91.02 | $126.62 | |
| SRPT · Sarepta Therapeutics Inc. | 0.18 | Add 14.92% | 10,115,000 | $0.93 | $9,417,065 | — | — | — | — |
| DXCM · Dexcom Inc. | 0.18 | New | 10,486,000 | $0.90 | $9,395,456 | $60.61 | +6664.51% | $54.11 | $89.98 |
| UPST · Upstart Hldgs Inc. | 0.18 | Add 2.75% | 9,763,000 | $0.94 | $9,140,608 | $28.96 | +2993.19% | $23.96 | $87.30 |
| SMRT · Smartrent Inc. | 0.18 | 7,505,294 | $1.21 | $9,081,406 | $1.12 | -7.44% | $0.72 | $2.20 | |
| BAK · Braskem S A | 0.17 | Reduce 5.92% | 2,344,292 | $3.85 | $9,025,524 | — | — | — | — |
| GH · Guardant Health Inc. | 0.16 | New | 8,088,000 | $1.04 | $8,381,383 | — | — | — | — |
| BHC · Bausch Health Cos Inc. | 0.16 | 1,270,000 | $6.47 | $8,216,900 | $5.75 | -11.13% | $4.41 | $8.69 | |
| ALRM · Alarm.Com Holdings Inc. | 0.14 | Add 119.92% | 7,783,000 | $0.96 | $7,475,571 | $47.60 | +4855.75% | $41.50 | $60.76 |
| PCRX · Pacira Biosciences Inc. | 0.14 | Add 63.55% | 7,556,000 | $0.99 | $7,452,217 | — | — | — | — |
| 91854V206 · Vacasa Inc. | 0.14 | 1,375,448 | $5.38 | $7,399,910 | — | — | — | — | |
| CYTK · Cytokinetics Inc. | 0.14 | Reduce 8.53% | 6,392,000 | $1.15 | $7,334,819 | — | — | — | — |
| TVTX · Travere Therapeutics Inc. | 0.14 | Reduce 37.03% | 7,241,000 | $1.00 | $7,233,759 | — | — | — | — |
| ALVO · Alvotech | 0.14 | 4,666,667 | $1.51 | $7,046,667 | $3.26 | +115.89% | $3.03 | $11.85 | |
| BXMT · Blackstone Mortgage Trust Inc. | 0.13 | Add 39.74% | 7,022,000 | $0.97 | $6,839,428 | $19.13 | +1864.07% | $17.67 | $20.67 |
| PCG · Pg&E Corp. | 0.13 | Reduce 59.25% | 6,225,000 | $1.06 | $6,592,274 | $16.07 | +1417.47% | $12.97 | $19.16 |
| PMT · Pennymac Mortgage Investment Trust | 0.13 | Add 38.16% | 6,589,000 | $0.99 | $6,552,760 | $11.00 | +1006.08% | $10.86 | $13.81 |
| ZD · Ziff Davis Inc. | 0.13 | Reduce 13.07% | 6,886,000 | $0.94 | $6,485,751 | $41.02 | +4255.14% | $22.45 | $50.55 |
| TWO · Two Harbors Investment Corp. | 0.12 | Add 143.08% | 6,466,000 | $0.99 | $6,417,505 | $12.55 | +1164.48% | $8.78 | $14.17 |
| DQ · Daqo New Energy Corp. | 0.12 | Reduce 37.42% | 344,819 | $18.11 | $6,244,672 | — | — | — | — |
| EYE · National Vision Holdings Inc. | 0.12 | Add 51.65% | 6,266,000 | $0.99 | $6,234,670 | — | — | — | — |
| FIVN · Five9 Inc. | 0.12 | Add 751.24% | 6,163,000 | $0.99 | $6,109,999 | — | — | — | — |
| TNDM · Tandem Diabetes Care Inc. | 0.12 | New | 6,442,000 | $0.94 | $6,071,584 | — | — | — | — |
| XYZ · Block Inc. | 0.12 | Add 352.09% | 6,813,000 | $0.88 | $6,020,988 | $74.85 | +8369.59% | $48.21 | $82.50 |
| HDB · Hdfc Bank Ltd. | 0.12 | 89,697 | $66.44 | $5,959,468 | $25.02 | -62.34% | $23.91 | $39.80 | |
| FLR · Fluor Corp. | 0.11 | Add 24.97% | 5,505,000 | $1.06 | $5,855,943 | $43.31 | +3971.45% | $37.04 | $57.50 |
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held. Price columns + 52-week range are placeholders pending v2 price-data feed.
Sector % analysis
12 sectors represented
Whales with similar holdings to Howard Marks
Ranked by number of overlapping positions in current portfolios
Articles & Commentaries
Coming soon
Curated press + commentary about Howard Marks arrives in v2 — interviews, shareholder-letter highlights, and 13D/13G activist filings auto-aggregated from public sources.
Real-time alerts. We'll let you know when a whale you follow files a new 13F, or a stock you follow has insider activity. No weekly digest.
whalstreet
★ WatchlistData from SEC EDGAR · whalstreet.com