Oaktree Capital
Picture
Moves
Options: 3 moves on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
Revealed late, restated
Positions
| VSTVistra Corp. | 19.00% | 27,278,055 | $729M | trimmed−3% | +2.15 pp | 10 q |
| TRMDTORM plc Class A | 10.65% | 48,263,921 | $409M | added+1% | −0.29 pp | 5 q |
| SBLKStar Bulk Carriers Corp. | 9.99% | 38,063,697 | $383M | added+2% | +0.45 pp | 14 q |
| ALLYAlly Financial Inc. | 9.46% | 10,943,541 | $363M | held | — | 22 q |
| CZRCaesars Entertainment, Inc. | 4.63% | 15,250,000 | $178M | held | — | 4 q |
| TSMTaiwan Semiconductor Manufacturing Company Ltd. | 3.45% | 2,848,572 | $132M | trimmed−2% | +0.43 pp | 26 q |
| NMIHNMI Holdings Inc. | 3.40% | 4,975,911 | $131M | held | — | 21 q |
| EGLEEagle Bulk Shipping Inc | 3.37% | 29,544,139 | $129M | added+9% | −0.37 pp | 13 q |
| BRYBerry Corporation (bry) | 3.14% | 12,891,717 | $121M | held | — | 3 q |
| INFNInfinera Corporation | 2.98% | 20,975,384 | $114M | held | — | 4 q |
| IBNICICI Bank Limited | 2.65% | 8,365,394 | $102M | trimmed−3% | −0.22 pp | 21 q |
| ITUBItau Unibanco Holding S.A. | 2.56% | 11,664,043 | $98M | trimmed−2% | −0.41 pp | 21 q |
| PBR.APetroleo Brasileiro S.A.-Petrobras | 1.87% | 5,455,930 | $72M | trimmed−2% | −0.23 pp | 10 q |
| CMBTCmb.tech NV | 1.82% | 7,601,881 | $70M | trimmed−6% | −0.20 pp | 6 q |
| CCSCentury Communities, Inc. | 1.45% | 1,819,003 | $56M | held | — | 20 q |
| CEOCNOOC Limited | 1.34% | 338,074 | $51M | trimmed−3% | −0.22 pp | 16 q |
| BRFSNBrf Sa-adr | 1.30% | 5,444,574 | $50M | trimmed−3% | +0.18 pp | 10 q |
| SMCISuper Micro Computer, Inc. | 1.20% | 2,400,000 | $46M | held | — | 5 q |
| AUAngloGold Ashanti plc | 1.14% | 2,400,512 | $44M | trimmed−20% | −0.27 pp | 24 q |
| INFYInfosys Limited | 1.06% | 3,587,835 | $41M | trimmed−2% | +0.02 pp | 11 q |
| unresolvedAzul Sa-adr | 0.97% | 1,036,438 | $37M | trimmed−32% | −0.37 pp | 10 q |
| MXMagnachip Semiconductor Corp. | 0.86% | 3,250,000 | $33M | held | — | 11 q |
| PBRPetroleo Brasileiro S.a.-petrobras | 0.81% | 2,144,121 | $31M | trimmed−3% | −0.10 pp | 2 q |
| CXCemex S.A.B. de C.V. | 0.78% | 7,611,460 | $30M | added+6% | −0.03 pp | 6 q |
| unresolvedBonanza Creek Energy Inc | 0.75% | 1,283,452 | $29M | trimmed−19% | −0.13 pp | 7 q |
| MTGMGIC Investment Corp. | 0.73% | 2,220,000 | $28M | held | — | 26 q |
| VRSVerso Corporation | 0.59% | 1,826,319 | $23M | added+37% | −0.08 pp | 13 q |
| COOPMr. Cooper Group Inc. | 0.53% | 1,927,544 | $20M | held | — | 4 q |
| XECCimarex Energy Co | 0.52% | 415,735 | $20M | held | — | 6 q |
| AFYAAfya Limited Class A | 0.47% | 697,554 | $18M | new | +0.47 pp | new |
| NBISNebius Group N.V. Class A | 0.45% | 488,857 | $17M | trimmed−16% | −0.14 pp | 4 q |
| HUYAHUYA Inc. | 0.44% | 712,025 | $17M | added+32% | +0.09 pp | 2 q |
| YETIYETI Holdings, Inc. | 0.39% | 537,629 | $15M | held | — | 4 q |
| STKLSunOpta, Inc. | 0.38% | 8,092,699 | $15M | held | — | 11 q |
| YPFYPF Sociedad Anonima | 0.35% | 1,442,103 | $13M | new | +0.35 pp | new |
| TEOTelecom Argentina S.A. | 0.34% | 1,310,500 | $13M | added+9% | −0.22 pp | 6 q |
| TSQTownsquare Media, Inc. | 0.29% | 1,595,224 | $11M | held | — | 21 q |
| IHRTiHeartMedia, Inc. Class A | 0.28% | 715,247 | $11M | new | +0.28 pp | new |
| PAMPampa Energia S.a. | 0.27% | 593,000 | $10M | added+12% | −0.21 pp | 5 q |
| TGSTransportadora de Gas del Sur S.A. | 0.27% | 1,208,000 | $10M | added+16% | −0.13 pp | 5 q |
| VISTVista Energy S.A.B. de C.V. | 0.25% | 1,880,000 | $10M | new | +0.25 pp | new |
| GLIBAGci Liberty Inc - Class A | 0.24% | 150,000 | $9M | held | — | 7 q |
| PCGPG&E Corporation | 0.21% | 815,000 | $8M | trimmed−33% | −0.53 pp | 6 q |
| PVACPenn Virginia Corporation | 0.19% | 248,979 | $7M | held | — | 2 q |
| BELFBBel Fuse Inc | 0.18% | 462,679 | $7M | added×2.6 | +0.10 pp | 7 q |
| TVGrupo Televisa S.A. | 0.14% | 566,000 | $6M | added+47% | +0.05 pp | 2 q |
| unresolvedStonemor Partners LP | 0.13% | 4,477,857 | $5M | held | — | 12 q |
| AABAAltaba Inc. | 0.12% | 241,933 | $5M | held | — | 10 q |
| CCOClear Channel Outdoor Holdings, Inc. | 0.11% | 1,681,898 | $4M | held | — | 2 q |
| unresolvedVeon Ltd | 0.11% | 1,678,900 | $4M | held | — | 11 q |
| unresolvedOaktree Acquisition Corp | 0.09% | 4,016,667 | $3M | new | +0.09 pp | new |
| BAC.PRLBank Of America Corp | 0.08% | 1,960 | $3M | held | — | 11 q |
| Becton Dickinson And Coconvertible | 0.08% | 51,050 | $3M | held | — | 10 q |
| Crown Castle Intl Corpconvertible | 0.08% | 2,402 | $3M | held | — | 5 q |
| Nextera Energy Incconvertible | 0.08% | 60,000 | $3M | new | +0.08 pp | new |
| OCSIOaktree Strategic Income Cor | 0.08% | 392,000 | $3M | held | — | 8 q |
| AMPYAmplify Energy Corp. | 0.07% | 410,750 | $3M | added×2.9 | +0.05 pp | 12 q |
| Sempra Energyconvertible | 0.07% | 24,350 | $3M | added+70% | +0.03 pp | 5 q |
| Danaher Corpconvertible | 0.06% | 1,930 | $2M | trimmed−34% | −0.03 pp | 3 q |
| INDAiShares MSCI India ETF | 0.06% | 64,000 | $2M | added+7% | 0.00 pp | 12 q |
| MBTMobile TeleSystems Public Joint Stock Company | 0.06% | 298,500 | $2M | held | — | 26 q |
| OIBR/USDOi Sa-adr | 0.06% | 2,201,646 | $2M | held | — | 5 q |
| Qts Realty Trust Incconvertible | 0.06% | 17,990 | $2M | added+7% | +0.01 pp | 5 q |
| Southern Coconvertible | 0.06% | 40,000 | $2M | new | +0.06 pp | new |
| DEPOAssertio Therapeutics Inc | 0.05% | 1,492,455 | $2M | new | +0.05 pp | new |
| American Electric Powerconvertible | 0.04% | 24,550 | $1M | added×2.6 | +0.03 pp | 3 q |
| Dominion Energy Incconvertible | 0.04% | 15,000 | $2M | new | +0.04 pp | new |
| FSCOaktree Specialty Lending Corporation | 0.04% | 276,000 | $1M | held | — | 8 q |
| BELFABel Fuse Inc | 0.03% | 71,613 | $987,000 | held | — | 6 q |
| FPIFarmland Partners Inc. | 0.03% | 200,000 | $1M | held | — | 5 q |
| LOMALoma Negra Compañía Industrial Argentina Sociedad Anónima | 0.03% | 212,000 | $1M | added+98% | 0.00 pp | 2 q |
| WFC.PRLWells Fargo & Company | 0.03% | 721 | $1M | held | — | 10 q |
| unresolvedAqua America Inc | 0.02% | 13,000 | $787,000 | new | +0.02 pp | new |
| CBBCincinnati Bell Inc. | 0.02% | 132,500 | $671,000 | new | +0.02 pp | new |
| SDSandRidge Energy, Inc. | 0.02% | 135,000 | $634,000 | held | — | 12 q |
| SIGASIGA Technologies Inc. | 0.02% | 159,782 | $817,000 | held | — | 3 q |
| XOGExtraction Oil & Gas Inc | 0.01% | 172,787 | $509,000 | held | — | 12 q |
| unresolvedUS Well Services Inc | 0.01% | 1,500,000 | $450,000 | held | — | 4 q |
| unresolvedCapital Product Partners LP | 0.01% | 32,142 | $343,000 | held | — | 3 q |
| DSSIDiamond S Shipping Inc | 0.01% | 22,076 | $243,000 | held | — | 3 q |
| IEAInfrastructure and Energy Alternatives, Inc. | 0.00% | 18,926 | $88,000 | held | — | 2 q |
| UPLUltra Petroleum Corp. | 0.00% | 590,799 | $133,000 | held | — | 10 q |
| WBWeibo Corporation | — | −531,918 | — | exited | −0.61 pp | — |
| unresolvedContura Energy Inc | — | −100,000 | — | exited | −0.14 pp | — |
| BATRKAtlanta Braves Holdings, Inc. Series C | — | −182,800 | — | exited | −0.14 pp | — |
| ONCBeOne Medicines Ltd. | — | −26,700 | — | exited | −0.09 pp | — |
| Stanley Black & Decker Iconvertible | — | −28,300 | — | exited | −0.08 pp | — |
| Dte Energy Coconvertible | — | −27,300 | — | exited | −0.04 pp | — |
| Nextera Energy Incconvertible | — | −23,980 | — | exited | −0.04 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| SMH PUT | 44.18% | 750,000 | $89M |
| MU PUT | 41.53% | 1,960,000 | $84M |
| LRCX PUT | 14.29% | 125,000 | $29M |
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| Acres Commercial Realty | 7.13% | 72,863,000 | $76M |
| Dish Network Corp | 3.25% | 37,584,000 | $35M |
| Two Harbors Inv Corp | 2.67% | 27,471,000 | $28M |
| Colony Capital Inc | 2.52% | 26,997,000 | $27M |
| Tesla Energy Operations | 2.52% | 27,039,000 | $27M |
| Twitter Inc | 2.42% | 26,000,000 | $26M |
| Apollo Cmmrl Real Est Fi | 2.32% | 24,174,000 | $25M |
| Pra Group Inc | 2.27% | 24,225,000 | $24M |
| Sfl Corp Ltd | 2.25% | 22,855,000 | $24M |
| Cardtronics Inc | 2.16% | 23,382,000 | $23M |
| Dish Network Corp | 2.14% | 25,767,000 | $23M |
| Synaptics Inc | 2.05% | 23,314,000 | $22M |
| Kkr Real Estate Fin | 1.99% | 20,175,000 | $21M |
| Dycom Industries Inc | 1.98% | 21,734,000 | $21M |
| Macquarie Infrastructure | 1.98% | 22,929,000 | $21M |
| Pennymac Corp | 1.95% | 20,450,000 | $21M |
| Western Digital Corp | 1.93% | 21,315,000 | $21M |
| Pattern Energy Group Inc | 1.92% | 19,353,000 | $20M |
| Hope Bancorp Inc | 1.87% | 21,372,000 | $20M |
| Rwt Holdings Inc | 1.69% | 17,851,000 | $18M |
| Western Asset Mtge Cap | 1.64% | 17,217,000 | $17M |
| Encore Capital Group Inc | 1.60% | 17,216,000 | $17M |
| New York Mortgage Trust | 1.52% | 15,826,000 | $16M |
| Seacor Holdings Inc | 1.35% | 14,448,000 | $14M |
| Forestar Group Inc | 1.30% | 13,665,000 | $14M |
| Ligand Pharmaceuticals I | 1.21% | 15,368,000 | $13M |
| Greenbrier Cos Inc | 1.20% | 13,292,000 | $13M |
| Ak Steel Corp | 1.19% | 12,610,000 | $13M |
| Microchip Technology Inc | 1.19% | 9,767,000 | $13M |
| Tpg Specialty Lending In | 1.19% | 12,516,000 | $13M |
| Qiagen NV | 1.13% | 11,600,000 | $12M |
| Hercules Capital Inc | 1.07% | 11,060,000 | $11M |
| Nuance Communications | 1.04% | 11,238,000 | $11M |
| Ssr Mining Inc | 1.04% | 10,769,000 | $11M |
| Patrick Industries Inc | 0.99% | 11,604,000 | $11M |
| Goldman Sachs Bdc Inc | 0.96% | 9,895,000 | $10M |
| Tesla Inc | 0.96% | 10,000,000 | $10M |
| Pdc Energy Inc | 0.95% | 10,844,000 | $10M |
| Tutor Perini Corp | 0.94% | 10,405,000 | $10M |
| Echo Global Logistics | 0.93% | 9,850,000 | $10M |
| Arbor Realty Trust Inc | 0.90% | 8,942,000 | $10M |
| Veeco Instruments Inc | 0.89% | 10,516,000 | $9M |
| Blackrock Tcp Cap Corp | 0.83% | 8,773,000 | $9M |
| Tesla Inc | 0.77% | 8,365,000 | $8M |
| Sm Energy Co | 0.70% | 8,144,000 | $7M |
| Golar Lng Ltd | 0.65% | 7,859,000 | $7M |
| Nevro Corp | 0.61% | 5,653,000 | $6M |
| New Mountain Finance Cor | 0.61% | 6,162,000 | $6M |
| Helix Energy Solutions | 0.58% | 6,030,000 | $6M |
| Nabors Industries Inc | 0.58% | 9,555,000 | $6M |
| Vishay Intertechnology | 0.57% | 6,410,000 | $6M |
| Calamp Corp | 0.56% | 6,059,000 | $6M |
| Booking Holdings Inc | 0.55% | 5,000,000 | $6M |
| Radius Health Inc | 0.54% | 6,315,000 | $6M |
| Zillow Group Inc | 0.53% | 6,314,000 | $6M |
| Calamp Corp | 0.51% | 6,600,000 | $5M |
| Dermira Inc | 0.51% | 6,380,000 | $5M |
| Palo Alto Networks | 0.50% | 5,000,000 | $5M |
| Twitter Inc | 0.50% | 5,014,000 | $5M |
| Viavi Solutions Inc | 0.50% | 4,315,000 | $5M |
| Vitamin Oldco Holdings | 0.49% | 5,639,000 | $5M |
| Flexion Therapeutics Inc | 0.48% | 5,609,000 | $5M |
| Intercept Pharmas | 0.48% | 5,828,000 | $5M |
| Nrg Energy Inc | 0.47% | 4,430,000 | $5M |
| Vitamin Shoppe Inc | 0.46% | 4,895,000 | $5M |
| H World Group Ltd | 0.43% | 4,400,000 | $5M |
| Liberty Media Corp | 0.42% | 3,522,000 | $4M |
| Mandiant Inc | 0.40% | 4,314,000 | $4M |
| Splunk Inc | 0.40% | 3,905,000 | $4M |
| Ares Capital Corp | 0.39% | 3,946,000 | $4M |
| Lumentum Holdings Inc | 0.39% | 3,596,000 | $4M |
| Guidewire Software Inc | 0.38% | 3,500,000 | $4M |
| Green Plains Inc | 0.34% | 4,364,000 | $4M |
| Redfin Corp | 0.34% | 3,952,000 | $4M |
| J2 Global Communications | 0.32% | 2,410,000 | $3M |
| Neurocrine Biosciences | 0.32% | 2,500,000 | $3M |
| On Semiconductor Corp | 0.32% | 2,870,000 | $3M |
| Blackrock Capital Invest | 0.31% | 3,270,000 | $3M |
| Insmed Inc | 0.31% | 3,935,000 | $3M |
| Teva Pharm Fin Co LLC | 0.30% | 3,480,000 | $3M |
| Nuvasive Inc | 0.29% | 2,585,000 | $3M |
| Ii-vi Inc | 0.29% | 3,000,000 | $3M |
| Ih Merger Sub LLC | 0.28% | 2,236,000 | $3M |
| Marriott Vacation Worldw | 0.28% | 3,000,000 | $3M |
| Nuance Communications | 0.28% | 3,000,000 | $3M |
| Hci Group Inc | 0.27% | 2,897,000 | $3M |
| Horizon Pharma Inv Ltd | 0.27% | 2,425,000 | $3M |
| Silicon Laboratories Inc | 0.27% | 2,165,000 | $3M |
| Medicines Company | 0.26% | 2,285,000 | $3M |
| Hello Group Inc | 0.26% | 3,000,000 | $3M |
| Oil States Intl Inc | 0.25% | 3,137,000 | $3M |
| Starwood Property Trust | 0.24% | 2,500,000 | $3M |
| Fti Consulting Inc | 0.23% | 1,997,000 | $2M |
| Inphi Corp | 0.23% | 2,000,000 | $2M |
| Encore Cap Eur Finance | 0.22% | 2,250,000 | $2M |
| Csg Systems Internationa | 0.21% | 2,000,000 | $2M |
| Hannon Armstrong Sustain | 0.21% | 1,970,000 | $2M |
| Jazz Investments I Ltd | 0.21% | 2,190,000 | $2M |
| Assertio Therapeutics In | 0.20% | 2,780,000 | $2M |
| Osi Systems Inc | 0.20% | 1,855,000 | $2M |
| Rh | 0.20% | 2,000,000 | $2M |
| Sunpower Corp | 0.20% | 2,374,000 | $2M |
| Blackstone Mortgage Tr | 0.19% | 1,905,000 | $2M |
| Pra Group Inc | 0.19% | 2,000,000 | $2M |
| Repligen Corp | 0.19% | 2,000,000 | $2M |
| Invacare Corp | 0.16% | 1,745,000 | $2M |
| Whiting Petroleum Corp | 0.16% | 1,685,000 | $2M |
| Akamai Technologies Inc | 0.15% | 1,375,000 | $2M |
| Exact Sciences Corp | 0.15% | 1,492,000 | $2M |
| Ionis Pharmaceuticals In | 0.15% | 1,386,000 | $2M |
| Meritor Inc | 0.15% | 1,595,000 | $2M |
| Scorpio Tankers Inc | 0.15% | 1,485,000 | $2M |
| Live Nation Entertainmen | 0.12% | 1,125,000 | $1M |
| Block Inc | 0.11% | 1,000,000 | $1M |
| Wix Ltd | 0.10% | 990,000 | $1M |
| Weibo Corp | 0.10% | 1,160,000 | $1M |
| Illumina Inc | 0.08% | 600,000 | $797,000 |