Oaktree Capital
Picture
Moves
Options: 5 moves on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
- held
- held
- trimmed−6.27
- trimmed+1.33
- trimmed−0.12
Revealed late, restated
Positions
| VSTVistra Corp. | 22.84% | 50,280,227 | $921M | held | — | 3 q |
| SBLKStar Bulk Carriers Corp. | 9.10% | 32,579,506 | $367M | held | — | 7 q |
| TRCOTribune Media Company Class A | 7.57% | 7,184,998 | $305M | trimmed−49% | −6.27 pp | 13 q |
| ALLYAlly Financial Inc. | 7.06% | 9,760,000 | $285M | trimmed−1% | +1.33 pp | 15 q |
| TSMTaiwan Semiconductor Manufacturing Company Ltd. | 3.51% | 3,566,356 | $141M | trimmed−12% | −0.12 pp | 19 q |
| ITUBItau Unibanco Holding S.A. | 2.98% | 9,234,691 | $120M | trimmed−0% | −0.04 pp | 14 q |
| VALEVale S.a. | 2.85% | 9,411,396 | $115M | added+4% | +0.68 pp | 9 q |
| unresolvedDynegy Inc | 2.48% | 8,424,322 | $100M | held | — | 19 q |
| NMIHNMI Holdings Inc. | 2.40% | 5,681,992 | $97M | trimmed−2% | +0.68 pp | 14 q |
| unresolvedGENER8 Maritime Inc | 2.14% | 13,062,118 | $86M | held | — | 11 q |
| IBNICICI Bank Limited | 2.12% | 8,804,316 | $86M | added+15% | +0.55 pp | 14 q |
| BABAAlibaba Group Holding Limited | 2.10% | 491,227 | $85M | trimmed−28% | −0.71 pp | 6 q |
| AABAAltaba Inc. | 1.84% | 1,061,588 | $74M | trimmed−66% | −3.08 pp | 3 q |
| STKLSunOpta, Inc. | 1.56% | 8,092,699 | $63M | added+84% | +0.65 pp | 4 q |
| PBR.APetroleo Brasileiro S.A.-Petrobras | 1.43% | 5,880,090 | $58M | added+1% | +0.09 pp | 3 q |
| CCSCentury Communities, Inc. | 1.40% | 1,819,003 | $57M | added+24% | +0.53 pp | 13 q |
| VRSVerso Corporation | 1.19% | 2,730,388 | $48M | trimmed−7% | +0.84 pp | 6 q |
| Becton Dickinson And Coconvertible | 1.18% | 819,220 | $47M | trimmed−5% | +0.04 pp | 3 q |
| Crown Castle Intl Corpconvertible | 1.18% | 42,009 | $48M | added+40% | +0.42 pp | 2 q |
| FBPFirst BanCorp. | 1.18% | 9,334,725 | $48M | trimmed−7% | −0.05 pp | 19 q |
| INFYInfosys Limited | 1.15% | 2,866,600 | $46M | added×90.4 | +1.14 pp | 4 q |
| BRFSNBrf Sa-adr | 1.11% | 3,977,774 | $45M | added+30% | +0.06 pp | 3 q |
| Anthem Incconvertible | 1.06% | 764,930 | $43M | added+28% | +0.32 pp | 4 q |
| WFC.PRLWells Fargo & Company | 1.04% | 32,077 | $42M | added+5% | +0.08 pp | 3 q |
| ABEVAmbev S.a. | 0.88% | 5,508,041 | $36M | added+1% | +0.02 pp | 7 q |
| unresolvedNationstar Mortgage Holdings Inc | 0.88% | 1,909,645 | $35M | added+6% | +0.08 pp | 5 q |
| AUAngloGold Ashanti plc | 0.85% | 3,370,322 | $34M | added+4% | +0.13 pp | 17 q |
| CEOCNOOC Limited | 0.79% | 220,967 | $32M | trimmed−1% | +0.10 pp | 9 q |
| RYAMRayonier Advanced Materials Inc. | 0.79% | 1,557,493 | $32M | new | +0.79 pp | new |
| Nextera Energy Incconvertible | 0.76% | 543,715 | $31M | trimmed−6% | −0.01 pp | 3 q |
| CXCemex S.A.B. de C.V. | 0.74% | 3,990,115 | $30M | trimmed−27% | −0.44 pp | 19 q |
| MXMagnachip Semiconductor Corp. | 0.74% | 3,000,000 | $30M | added+28% | +0.11 pp | 4 q |
| CTRPTrip.com Group Limited | 0.71% | 653,202 | $29M | added×2.3 | +0.35 pp | 2 q |
| TVGrupo Televisa S.A. | 0.71% | 1,529,453 | $29M | new | +0.71 pp | new |
| unresolvedAzul Sa-adr | 0.69% | 1,168,341 | $28M | added+1% | −0.07 pp | 3 q |
| Stanley Black & Decker Iconvertible | 0.69% | 225,715 | $28M | trimmed−7% | +0.02 pp | 3 q |
| NCMINational CineMedia, Inc. | 0.62% | 3,625,000 | $25M | held | — | 2 q |
| American Tower Corpconvertible | 0.61% | 197,196 | $25M | trimmed−6% | 0.00 pp | 3 q |
| unresolvedStonemor Partners LP | 0.61% | 3,750,000 | $25M | added×2.5 | +0.37 pp | 5 q |
| unresolvedEnergy Xxi Gulf Coast Inc | 0.56% | 3,910,545 | $22M | held | — | 4 q |
| unresolvedOcean Rig Udw Inc | 0.53% | 794,183 | $21M | held | — | 2 q |
| Dominion Energy Incconvertible | 0.49% | 381,800 | $20M | trimmed−6% | 0.00 pp | 3 q |
| Vistra Energy Corpconvertible | 0.48% | 242,400 | $19M | added+24% | +0.17 pp | 3 q |
| FRGIFiesta Restaurant Group, Inc. | 0.45% | 950,000 | $18M | added×3.4 | +0.32 pp | 2 q |
| unresolvedMatlin And Partners Acquisition Corp | 0.37% | 1,500,000 | $15M | held | — | 4 q |
| Wpx Energy Incconvertible | 0.37% | 238,100 | $15M | trimmed−5% | +0.05 pp | 2 q |
| BAC.PRLBank Of America Corp | 0.34% | 10,300 | $14M | added+72% | +0.15 pp | 4 q |
| BATRKAtlanta Braves Holdings, Inc. Series C | 0.34% | 613,717 | $14M | trimmed−37% | −0.24 pp | 7 q |
| Nextera Energy Incconvertible | 0.31% | 181,500 | $13M | new | +0.31 pp | new |
| TSQTownsquare Media, Inc. | 0.30% | 1,595,224 | $12M | held | — | 14 q |
| VSHVishay Intertechnology, Inc. | 0.23% | 455,000 | $9M | trimmed−48% | −0.16 pp | 19 q |
| unresolvedLiberty Ventures | 0.20% | 150,000 | $8M | trimmed−50% | −0.21 pp | 5 q |
| UPLUltra Petroleum Corp. | 0.18% | 788,166 | $7M | held | — | 3 q |
| MTGMGIC Investment Corp. | 0.17% | 500,000 | $7M | trimmed−60% | −0.21 pp | 19 q |
| unresolvedBellatrix Exploration Ltd | 0.16% | 3,750,000 | $6M | held | — | 2 q |
| unresolvedVeon Ltd | 0.16% | 1,678,900 | $6M | held | — | 4 q |
| unresolvedEnergy Transfer Partners LP | 0.12% | 267,000 | $5M | held | — | 3 q |
| RGSRegis Corporation | 0.12% | 321,890 | $5M | held | — | 2 q |
| EGLEEagle Bulk Shipping Inc | 0.09% | 785,363 | $4M | held | — | 6 q |
| MPOAmplify Energy Corp. | 0.08% | 204,107 | $3M | held | — | 5 q |
| MBTMobile TeleSystems Public Joint Stock Company | 0.08% | 298,500 | $3M | held | — | 19 q |
| XOGExtraction Oil & Gas Inc | 0.07% | 202,787 | $3M | held | — | 5 q |
| SDSandRidge Energy, Inc. | 0.07% | 135,000 | $3M | held | — | 5 q |
| unresolvedCapital Product Partners LP | 0.07% | 819,228 | $3M | held | — | 14 q |
| PBRPetroleo Brasileiro S.a.-petrobras | 0.06% | 246,161 | $3M | held | — | 3 q |
| FSCOaktree Specialty Lending Corporation | 0.03% | 276,000 | $1M | new | +0.03 pp | new |
| INDAiShares MSCI India ETF | 0.02% | 25,500 | $920,000 | added+15% | 0.00 pp | 5 q |
| OCSIOaktree Strategic Income Cor | 0.01% | 57,600 | $484,000 | new | +0.01 pp | new |
| Allergan PLCconvertible | — | −25,296 | — | exited | −0.45 pp | — |
| unresolvedBonanza Creek Energy Inc | — | −526,173 | — | exited | −0.41 pp | — |
| GGBGerdau S.A. | — | −5,005,057 | — | exited | −0.41 pp | — |
| Kinder Morgan INC/DELAWAconvertible | — | −300,000 | — | exited | −0.30 pp | — |
| unresolvedSmart Global Holdings Inc | — | −468,185 | — | exited | −0.30 pp | — |
| MCFContango Oil & Gas Co. | — | −1,296,813 | — | exited | −0.16 pp | — |
| CITCIT Group Inc. | — | −100,000 | — | exited | −0.12 pp | — |
| EXR2Exco Resources Inc | — | −2,051,579 | — | exited | −0.07 pp | — |
| NBISNebius Group N.V. Class A | — | −65,500 | — | exited | −0.05 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| XHB PUT | 49.47% | 250,000 | $67M |
| SPY PUT | 32.82% | 1,000,000 | $44M |
| SMH PUT | 14.29% | 197,000 | $19M |
| Nationstar Mortgage Holdings Inc CALL | 3.43% | 250,000 | $5M |
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| Akamai Technologies Inc | 2.80% | 61,389,000 | $62M |
| Citrix Systems Inc | 2.73% | 46,643,000 | $60M |
| Acres Commercial Realty | 2.50% | 58,335,000 | $55M |
| Illumina Inc | 2.42% | 49,210,000 | $54M |
| Altaba Inc | 1.98% | 32,421,000 | $44M |
| Apollo Cmmrl Real Est Fi | 1.97% | 42,850,000 | $44M |
| Blackstone Mortgage Tr | 1.96% | 42,570,000 | $43M |
| On Semiconductor Corp | 1.91% | 33,025,000 | $42M |
| Dycom Industries Inc | 1.85% | 31,221,000 | $41M |
| Allscripts Healthcare So | 1.71% | 35,233,000 | $38M |
| Live Nation Entertainmen | 1.71% | 29,251,000 | $38M |
| Comstock Resources Inc | 1.65% | 39,279,264 | $37M |
| Exantas Capital Corp | 1.60% | 34,928,000 | $35M |
| Cypress Semiconductor Co | 1.56% | 26,316,000 | $35M |
| Ionis Pharmaceuticals In | 1.45% | 30,365,000 | $32M |
| Seacor Holdings Inc | 1.45% | 33,867,000 | $32M |
| Kb Home | 1.44% | 25,945,000 | $32M |
| Integrated Device Tech | 1.40% | 27,725,000 | $31M |
| Biomarin Pharmaceutical | 1.39% | 25,915,000 | $31M |
| Herbalife Ltd | 1.37% | 30,185,000 | $30M |
| Pennymac Corp | 1.28% | 28,732,000 | $28M |
| Palo Alto Networks | 1.21% | 19,535,000 | $27M |
| Weatherford Intl Ltd | 1.20% | 24,500,000 | $27M |
| Huron Consulting Group I | 1.19% | 28,161,000 | $26M |
| Ssr Mining Inc | 1.17% | 26,482,000 | $26M |
| Twitter Inc | 1.17% | 27,030,000 | $26M |
| Vereit Inc | 1.15% | 25,360,000 | $25M |
| Horizon Pharma Inv Ltd | 1.10% | 26,127,000 | $24M |
| Marriott Vacations Worldwide Corp | 1.10% | 21,620,000 | $24M |
| Nuvasive Inc | 1.09% | 20,500,000 | $24M |
| Pattern Energy Group Inc | 1.09% | 23,665,000 | $24M |
| Arconic Inc | 1.08% | 20,830,000 | $24M |
| Intercept Pharmas | 1.03% | 28,415,000 | $23M |
| Pra Group Inc | 1.03% | 23,776,000 | $23M |
| Innoviva Inc | 0.99% | 21,950,000 | $22M |
| Sfl Corp Ltd | 0.98% | 20,295,000 | $22M |
| Trip.com Group Ltd | 0.96% | 20,670,000 | $21M |
| Brookdale Senior Living | 0.94% | 20,722,000 | $21M |
| Micron Technology Inc | 0.94% | 14,381,000 | $21M |
| Insulet Corporation | 0.93% | 15,800,000 | $21M |
| Rwt Holdings Inc | 0.92% | 20,189,000 | $20M |
| Navistar Intl Corp | 0.88% | 17,980,000 | $20M |
| Comstock Resources Inc | 0.87% | 20,719,978 | $19M |
| Ezcorp Inc | 0.83% | 17,705,000 | $18M |
| Granite Point Mtge Trst | 0.82% | 18,100,000 | $18M |
| Envestnet Inc | 0.80% | 17,032,000 | $18M |
| Hannon Armstrong Sustain | 0.80% | 17,245,000 | $18M |
| Two Harbors Inv Corp | 0.79% | 16,520,000 | $18M |
| General Cable Corp | 0.78% | 16,285,000 | $17M |
| New York Mortgage Trust | 0.78% | 16,780,000 | $17M |
| Oasis Petroleum Inc | 0.78% | 16,105,000 | $17M |
| Cemex Sab De Cv | 0.77% | 16,500,000 | $17M |
| Colony Capital Inc | 0.75% | 16,638,000 | $17M |
| Calamp Corp | 0.73% | 15,230,000 | $16M |
| Csg Systems Internationa | 0.72% | 14,501,000 | $16M |
| Encore Capital Group Inc | 0.72% | 14,396,000 | $16M |
| Impax Laboratories LLC | 0.69% | 15,750,000 | $15M |
| Liberty Media Corp | 0.67% | 12,874,000 | $15M |
| Verint Systems Inc | 0.67% | 15,190,000 | $15M |
| Ani Pharmaceuticals Inc | 0.66% | 12,719,000 | $15M |
| Helix Energy Solutions | 0.64% | 14,095,000 | $14M |
| Yandex NV | 0.63% | 14,138,000 | $14M |
| Vector Group Ltd | 0.62% | 11,945,000 | $14M |
| Cowen Inc | 0.60% | 13,020,000 | $13M |
| Titan Machinery Inc | 0.60% | 13,337,000 | $13M |
| Zillow Inc | 0.60% | 12,120,000 | $13M |
| Quidel Corp | 0.59% | 8,593,000 | $13M |
| Echo Global Logistics | 0.57% | 12,135,000 | $13M |
| Tesla Energy Operations | 0.57% | 13,650,000 | $13M |
| Sunpower Corp | 0.57% | 14,697,000 | $13M |
| Tpg Specialty Lending In | 0.57% | 12,163,000 | $13M |
| Teva Pharm Fin Co LLC | 0.57% | 14,305,000 | $13M |
| Canadian Solar Inc | 0.56% | 12,705,000 | $12M |
| Cheniere Energy Inc | 0.56% | 17,219,000 | $12M |
| Booking Holdings Inc | 0.56% | 10,671,000 | $13M |
| Whiting Petroleum Corp | 0.56% | 13,432,000 | $12M |
| Acorda Therapeutics Inc | 0.53% | 13,785,000 | $12M |
| Arbor Realty Trust Inc | 0.53% | 11,480,000 | $12M |
| Proofpoint Inc | 0.53% | 9,332,000 | $12M |
| Tutor Perini Corp | 0.53% | 10,625,000 | $12M |
| Western Asset Mtge Cap | 0.53% | 11,873,000 | $12M |
| New Mountain Finance Cor | 0.51% | 11,005,000 | $11M |
| Helix Energy Solutions | 0.49% | 10,825,000 | $11M |
| Forestar Group Inc | 0.46% | 10,018,000 | $10M |
| Spirit Realty Capital In | 0.46% | 10,238,000 | $10M |
| Encore Capital Group Inc | 0.45% | 10,141,000 | $10M |
| Ironwood Pharmaceuticals | 0.44% | 8,310,000 | $10M |
| Biomarin Pharmaceutical | 0.43% | 8,786,000 | $10M |
| Blackrock Capital Invest | 0.42% | 9,015,000 | $9M |
| Teradyne Inc | 0.42% | 6,538,000 | $9M |
| Array Bio Inc | 0.41% | 8,000,000 | $9M |
| Steel Connect Inc | 0.41% | 9,020,000 | $9M |
| Covis Finco Sarl | 0.39% | 10,030,000 | $9M |
| Ares Capital Corp | 0.39% | 8,476,000 | $9M |
| Navistar Intl Corp | 0.37% | 7,915,000 | $8M |
| Blackrock Tcp Cap Corp | 0.35% | 7,356,000 | $8M |
| Hci Group Inc | 0.34% | 7,750,000 | $8M |
| Ptc Therapeutics Inc | 0.34% | 9,510,000 | $7M |
| Pdl Biopharma Inc | 0.33% | 7,287,000 | $7M |
| Sucampo Pharmaceuticals | 0.33% | 6,045,000 | $7M |
| Wayfair Inc | 0.33% | 7,000,000 | $7M |
| Pdc Energy Inc | 0.32% | 7,140,000 | $7M |
| Aerojet Rocketdyne Hldg | 0.31% | 4,895,000 | $7M |
| Viavi Solutions Inc | 0.29% | 6,155,000 | $6M |
| Prospect Capital Corp | 0.29% | 6,299,000 | $6M |
| Blackhawk Network Hold | 0.27% | 5,750,000 | $6M |
| Inphi Corp | 0.27% | 6,000,000 | $6M |
| Starwood Property Trust | 0.27% | 5,905,000 | $6M |
| Dht Holdings Inc | 0.26% | 5,901,000 | $6M |
| Jazz Investments I Ltd | 0.26% | 5,775,000 | $6M |
| Nuance Communications | 0.26% | 5,500,000 | $6M |
| Electronics For Imaging | 0.25% | 5,661,000 | $5M |
| Ensco Jersey Finance Ltd | 0.24% | 6,045,000 | $5M |
| Gsv Capital Corp | 0.23% | 4,960,000 | $5M |
| Atlas Air Worldwide Hldg | 0.22% | 4,275,000 | $5M |
| Bristow Group Inc | 0.22% | 4,500,000 | $5M |
| Goldman Sachs Bdc Inc | 0.22% | 4,635,000 | $5M |
| Green Plains Inc | 0.22% | 5,100,000 | $5M |
| Pdl Biopharma Inc | 0.22% | 5,000,000 | $5M |
| Assertio Therapeutics In | 0.20% | 5,255,000 | $4M |
| Sm Energy Co | 0.19% | 4,208,000 | $4M |
| Blackrock Capital Invest | 0.18% | 4,000,000 | $4M |
| Mandiant Inc | 0.18% | 4,295,000 | $4M |
| Interdigital Inc | 0.16% | 3,000,000 | $4M |
| Shutterfly Inc | 0.14% | 3,095,000 | $3M |
| Atlas Air Worldwide Hldg | 0.13% | 2,500,000 | $3M |
| Alaska Comm Systems Grou | 0.06% | 1,227,000 | $1M |
| Renewable Energy Group I | 0.05% | 1,009,000 | $1M |
| Chart Industries Inc | 0.03% | 565,000 | $566,000 |
| Spectrum Pharmaceuticals | 0.03% | 400,000 | $744,000 |
| Seacor Holdings Inc | 0.02% | 385,000 | $392,000 |