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
Revealed late, restated
Positions
| EXEExpand Energy Corporation | 9.87% | 11,939,117 | $620M | held | — | 2 q |
| SBLKStar Bulk Carriers Corp. | 9.50% | 25,993,242 | $597M | trimmed−33% | −0.02 pp | 21 q |
| VSTVistra Corp. | 8.85% | 29,936,602 | $555M | held | — | 17 q |
| TRMDTORM plc Class A | 7.59% | 53,812,988 | $476M | held | — | 12 q |
| COLDAmericold Realty Trust, Inc. | 7.10% | 11,771,646 | $446M | held | — | 3 q |
| ALLYAlly Financial Inc. | 5.46% | 6,874,687 | $343M | trimmed−38% | −2.94 pp | 29 q |
| PCGPG&E Corporation | 4.86% | 30,000,000 | $305M | added+33% | +0.48 pp | 5 q |
| INFNInfinera Corporation | 4.09% | 25,175,384 | $257M | held | — | 11 q |
| STKLSunOpta, Inc. | 3.49% | 20,726,126 | $219M | held | — | 18 q |
| CXCemex S.A.B. de C.V. | 3.19% | 23,873,758 | $201M | trimmed−0% | +0.41 pp | 13 q |
| EGLEEagle Bulk Shipping Inc | 2.85% | 3,781,561 | $179M | trimmed−3% | +0.52 pp | 20 q |
| SHLSShoals Technologies Group, Inc. Class A | 2.81% | 4,977,751 | $177M | held | — | 2 q |
| VALEVale S.a. | 2.27% | 6,245,576 | $142M | trimmed−2% | +0.43 pp | 4 q |
| ITUBItau Unibanco Holding S.A. | 1.99% | 20,803,792 | $125M | trimmed−17% | −0.08 pp | 28 q |
| NMIHNMI Holdings Inc. | 1.74% | 4,865,000 | $109M | held | — | 28 q |
| FYBRFrontier Communications Parent, Inc. | 1.67% | 3,982,849 | $105M | new | +1.67 pp | new |
| PBRPetroleo Brasileiro S.a.-petrobras | 1.65% | 8,474,167 | $104M | trimmed−11% | +0.30 pp | 6 q |
| BBDBanco Bradesco S.A. | 1.39% | 17,064,064 | $88M | trimmed−2% | +0.15 pp | 7 q |
| BRYBerry Corporation (bry) | 1.38% | 12,913,313 | $87M | held | — | 10 q |
| IBNICICI Bank Limited | 1.38% | 5,070,309 | $87M | trimmed−2% | 0.00 pp | 28 q |
| SMCISuper Micro Computer, Inc. | 1.27% | 2,263,610 | $80M | trimmed−21% | −0.58 pp | 12 q |
| KRCKilroy Realty Corp. | 1.01% | 910,011 | $63M | held | — | 2 q |
| FTAIFTAI Aviation Ltd. | 0.99% | 1,843,110 | $62M | added+12% | +0.22 pp | 2 q |
| AUAngloGold Ashanti plc | 0.98% | 3,306,807 | $61M | trimmed−2% | −0.25 pp | 31 q |
| unresolvedExtraction Oil & Gas Inc | 0.97% | 1,113,995 | $61M | held | — | 2 q |
| LBTYKLiberty Global Ltd. Class C | 0.81% | 1,875,000 | $51M | trimmed−6% | −0.04 pp | 6 q |
| COOPMr. Cooper Group Inc. | 0.79% | 1,507,286 | $50M | held | — | 11 q |
| unresolvedAzul Sa-adr | 0.78% | 1,857,339 | $49M | trimmed−13% | +0.06 pp | 17 q |
| MXMagnachip Semiconductor Corp. | 0.76% | 2,006,537 | $48M | trimmed−29% | −0.41 pp | 18 q |
| AFYAAfya Limited Class A | 0.67% | 1,632,680 | $42M | trimmed−2% | +0.16 pp | 8 q |
| HIMSHims & Hers Health, Inc. | 0.65% | 3,773,437 | $41M | held | — | 2 q |
| MTGMGIC Investment Corp. | 0.65% | 3,020,000 | $41M | held | — | 33 q |
| BATLBattalion Oil Corporation | 0.64% | 3,009,912 | $40M | held | — | 6 q |
| TVGrupo Televisa S.A. | 0.60% | 2,651,801 | $38M | added+2% | +0.22 pp | 9 q |
| unresolvedUniti Group Inc | 0.57% | 3,397,592 | $36M | held | — | 4 q |
| VALValaris Limited | 0.50% | 1,080,184 | $31M | new | +0.50 pp | new |
| GTXGarrett Motion Inc. | 0.46% | 3,593,111 | $29M | new | +0.46 pp | new |
| CXPColumbia Property Trust, Inc. | 0.37% | 1,320,000 | $23M | new | +0.37 pp | new |
| XECCimarex Energy Co | 0.36% | 312,000 | $23M | trimmed−25% | −0.05 pp | 13 q |
| PARRPar Pacific Holdings, Inc. | 0.35% | 1,300,000 | $22M | new | +0.35 pp | new |
| ONITOnity Group Inc. | 0.29% | 596,870 | $18M | new | +0.29 pp | new |
| LBRDKLiberty Broadband Corporation Class C | 0.24% | 86,999 | $15M | held | — | 3 q |
| EXEELChesapeake Energy Corp -CW26 | 0.23% | 690,931 | $14M | new | +0.23 pp | new |
| BAKBraskem S.A. | 0.20% | 519,550 | $12M | held | — | 6 q |
| PAMPampa Energia S.a. | 0.20% | 829,000 | $13M | trimmed−2% | −0.01 pp | 12 q |
| VISTVista Energy S.A.B. de C.V. | 0.20% | 3,133,000 | $13M | held | — | 8 q |
| TEOTelecom Argentina S.A. | 0.19% | 2,260,500 | $12M | held | — | 13 q |
| TGSTransportadora de Gas del Sur S.A. | 0.14% | 1,963,575 | $9M | trimmed−2% | −0.02 pp | 12 q |
| BELFBBel Fuse Inc | 0.11% | 462,679 | $7M | held | — | 14 q |
| ASCArdmore Shipping Corporation | 0.11% | 1,600,000 | $7M | held | — | 6 q |
| REREATRenew Inc. | 0.09% | 357,722 | $5M | new | +0.09 pp | new |
| unresolvedOaktree Acquisition Corp II | 0.09% | 4,666,667 | $6M | held | — | 3 q |
| Flagstar Bank Naconvertible | 0.07% | 89,250 | $5M | held | — | 2 q |
| EXEEZChesapeake Energy -CW26 | 0.06% | 150,000 | $4M | new | +0.06 pp | new |
| OIBR/USDOi Sa-adr | 0.05% | 2,201,646 | $3M | held | — | 12 q |
| unresolvedVeon Ltd | 0.05% | 1,677,722 | $3M | held | — | 18 q |
| LOMALoma Negra Compañía Industrial Argentina Sociedad Anónima | 0.04% | 342,000 | $2M | held | — | 9 q |
| AMPYAmplify Energy Corp. | 0.03% | 410,041 | $2M | held | — | 19 q |
| EXEEWChesapeake Energy Corp -CW26 | 0.03% | 75,810 | $2M | new | +0.03 pp | new |
| unresolvedColombier Acquisition Corp | 0.03% | 200,000 | $2M | new | +0.03 pp | new |
| FSCOaktree Specialty Lending Corporation | 0.03% | 276,000 | $2M | held | — | 15 q |
| unresolvedColiseum Acquisition Corp | 0.03% | 200,000 | $2M | new | +0.03 pp | new |
| unresolvedElliott Opportunity II Corp | 0.03% | 200,000 | $2M | new | +0.03 pp | new |
| BELFABel Fuse Inc | 0.02% | 71,613 | $1M | held | — | 13 q |
| unresolvedFintech Acquisition Corp Vi | 0.02% | 100,000 | $1M | new | +0.02 pp | new |
| unresolvedShelter Acquisition Corp I | 0.02% | 150,000 | $1M | new | +0.02 pp | new |
| SRNESorrento Therapeutics Inc | 0.02% | 134,000 | $1M | trimmed−58% | −0.02 pp | 2 q |
| unresolvedThunder Bridge Capital Partners IV Inc | 0.02% | 150,000 | $1M | new | +0.02 pp | new |
| NENoble Corporation plc | 0.01% | 19,979 | $494,000 | new | +0.01 pp | new |
| unresolvedUS Well Services Inc | 0.00% | 1,500,000 | $272,000 | new | 0.00 pp | new |
| VMRKVivmark Residential | — | −927,000 | — | exited | −1.10 pp | — |
| MELIMercado Libre, Inc | — | −11,998 | — | exited | −0.29 pp | — |
| IEAInfrastructure and Energy Alternatives, Inc. | — | −431,184 | — | exited | −0.12 pp | — |
| INDAiShares MSCI India ETF | — | −86,900 | — | exited | −0.06 pp | — |
| OCSIOaktree Strategic Income Cor | — | −392,000 | — | exited | −0.06 pp | — |
| CRCCalifornia Resources Corporation | — | −27,162 | — | exited | −0.01 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| ARKW PUT | 55.32% | 133,500 | $21M |
| ARKK PUT | 44.68% | 127,000 | $17M |
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| Acres Commercial Realty | 4.94% | 53,691,000 | $53M |
| Dish Network Corp | 4.04% | 42,604,000 | $44M |
| Fortive Corporation | 2.21% | 23,710,000 | $24M |
| Precigen Inc | 2.15% | 26,631,000 | $23M |
| Mandiant Inc | 2.09% | 22,598,000 | $23M |
| Supernus Pharmaceuticals | 2.06% | 22,488,000 | $22M |
| Hope Bancorp Inc | 2.01% | 22,107,000 | $22M |
| Mfa Financial Inc | 1.87% | 19,704,000 | $20M |
| Ligand Pharmaceuticals I | 1.70% | 18,449,999 | $18M |
| Dish Network Corp | 1.65% | 18,334,000 | $18M |
| Pennymac Corp | 1.63% | 17,138,000 | $18M |
| Western Digital Corp | 1.60% | 16,122,000 | $17M |
| Rwt Holdings Inc | 1.57% | 16,674,000 | $17M |
| Apollo Cmmrl Real Est Fi | 1.55% | 16,599,000 | $17M |
| Nutanix Inc | 1.53% | 15,589,999 | $17M |
| Ares Capital Corp | 1.52% | 14,990,000 | $16M |
| Innoviva Inc | 1.51% | 16,028,000 | $16M |
| Digitalbridge Group Inc | 1.50% | 15,683,000 | $16M |
| Starwood Property Trust | 1.48% | 14,888,000 | $16M |
| Goldman Sachs Bdc Inc | 1.47% | 15,455,000 | $16M |
| Blackstone Mortgage Tr | 1.46% | 15,472,000 | $16M |
| New Mountain Finance Cor | 1.40% | 14,168,000 | $15M |
| Alteryx Inc | 1.38% | 15,593,000 | $15M |
| Intercept Pharmas | 1.37% | 16,435,000 | $15M |
| Dycom Industries Inc | 1.34% | 14,549,000 | $15M |
| Tilray Brands Inc | 1.30% | 14,200,000 | $14M |
| Liberty Latin America | 1.23% | 12,940,000 | $13M |
| Palo Alto Networks | 1.20% | 9,500,000 | $13M |
| Ionis Pharmaceuticals In | 1.19% | 13,759,000 | $13M |
| Macquarie Infrastructure | 1.18% | 12,725,000 | $13M |
| Sfl Corp Ltd | 1.14% | 12,347,000 | $12M |
| Ionis Pharmaceuticals In | 1.13% | 12,116,000 | $12M |
| Herbalife Ltd | 1.12% | 11,047,000 | $12M |
| Jazz Investments I Ltd | 1.07% | 11,520,000 | $12M |
| Twitter Inc | 1.04% | 10,999,000 | $11M |
| New York Mortgage Trust | 1.03% | 10,829,000 | $11M |
| Kkr Real Estate Fin | 0.99% | 9,976,000 | $11M |
| New Relic Inc | 0.99% | 10,843,000 | $11M |
| Blackrock Tcp Cap Corp | 0.98% | 10,330,000 | $11M |
| Arbor Realty Trust Inc | 0.94% | 9,225,000 | $10M |
| Helix Energy Solutions | 0.90% | 9,855,000 | $10M |
| Weibo Corp | 0.88% | 9,792,000 | $10M |
| Pdd Holdings Inc | 0.87% | 9,100,000 | $9M |
| Dexcom Inc | 0.86% | 8,800,000 | $9M |
| Hello Group Inc | 0.86% | 10,411,000 | $9M |
| Biomarin Pharmaceutical | 0.82% | 8,500,000 | $9M |
| Apollo Cmmrl Real Est Fi | 0.81% | 8,638,000 | $9M |
| Akamai Technologies Inc | 0.79% | 7,295,000 | $8M |
| Veeco Instruments Inc | 0.79% | 8,482,000 | $9M |
| Qiagen NV | 0.79% | 7,000,000 | $9M |
| Aurora Cannabis Inc | 0.77% | 9,659,000 | $8M |
| Pdc Energy Inc | 0.77% | 8,267,000 | $8M |
| Ezcorp Inc | 0.76% | 9,161,000 | $8M |
| Pretium Resources Inc | 0.76% | 8,010,000 | $8M |
| Greenbrier Cos Inc | 0.74% | 7,468,000 | $8M |
| Benefitfocus Inc | 0.73% | 8,331,000 | $8M |
| Nuvasive Inc | 0.72% | 7,868,000 | $8M |
| Pebblebrook Hotel Trust | 0.72% | 6,800,000 | $8M |
| Proofpoint Inc | 0.64% | 5,500,000 | $7M |
| Radius Health Inc | 0.64% | 7,498,000 | $7M |
| Euronet Worldwide Inc | 0.62% | 5,855,000 | $7M |
| Splunk Inc | 0.62% | 5,500,000 | $7M |
| Luminex Corp | 0.61% | 6,603,000 | $7M |
| Illumina Inc | 0.59% | 5,000,000 | $6M |
| Insulet Corporation | 0.58% | 4,615,000 | $6M |
| Redwood Trust Inc | 0.58% | 6,274,000 | $6M |
| Ringcentral Inc | 0.57% | 5,500,000 | $6M |
| Evolent Health Inc | 0.55% | 5,526,000 | $6M |
| Greenlight Capital Re | 0.55% | 6,221,000 | $6M |
| Theravance Biopharma Inc | 0.55% | 6,246,000 | $6M |
| Helix Energy Solutions | 0.54% | 5,761,000 | $6M |
| Liberty Media Corp | 0.52% | 4,151,000 | $6M |
| Calamp Corp | 0.51% | 5,878,000 | $5M |
| Invitae Corp | 0.50% | 4,000,000 | $5M |
| Exact Sciences Corp | 0.49% | 4,000,000 | $5M |
| Integra Lifesciences Hld | 0.48% | 4,700,000 | $5M |
| Shopify Inc | 0.48% | 3,950,000 | $5M |
| Paratek Pharmaceuticals | 0.47% | 5,414,000 | $5M |
| Jazz Investments I Ltd | 0.46% | 4,484,000 | $5M |
| Vishay Intertechnology | 0.46% | 4,753,000 | $5M |
| Trip.com Group Ltd | 0.45% | 4,978,000 | $5M |
| Ssr Mining Inc | 0.45% | 4,029,000 | $5M |
| Newpark Resources Inc | 0.44% | 4,823,000 | $5M |
| Okta Inc | 0.43% | 3,694,000 | $5M |
| Golar Lng Ltd | 0.42% | 4,580,000 | $5M |
| Vonage Holdings Corp | 0.42% | 4,083,000 | $5M |
| Aerie Pharmaceuticals | 0.41% | 4,500,000 | $4M |
| Twitter Inc | 0.38% | 3,000,000 | $4M |
| Burlington Stores Inc | 0.37% | 2,500,000 | $4M |
| Sarepta Therapeutics Inc | 0.37% | 3,000,000 | $4M |
| Clovis Oncology Inc | 0.36% | 5,165,000 | $4M |
| Blackstone Mortgage Tr | 0.34% | 3,566,000 | $4M |
| Cyberark Software Ltd | 0.34% | 3,362,000 | $4M |
| Jazz Investments I Ltd | 0.32% | 2,575,000 | $3M |
| Invacare Corp | 0.31% | 3,394,000 | $3M |
| Quotient Technology Inc | 0.31% | 3,331,000 | $3M |
| Conmed Corp | 0.30% | 2,000,000 | $3M |
| Nanostring Technologies | 0.29% | 2,000,000 | $3M |
| Flexion Therapeutics Inc | 0.28% | 3,372,000 | $3M |
| Heritage Insurance | 0.28% | 3,111,000 | $3M |
| Green Plains Inc | 0.27% | 2,250,000 | $3M |
| Tabula Rasa Hlthcr Inc | 0.27% | 2,875,000 | $3M |
| Iqiyi Inc | 0.25% | 2,900,000 | $3M |
| Neurocrine Biosciences | 0.25% | 2,000,000 | $3M |
| Horizon Global Corp | 0.23% | 2,500,000 | $2M |
| Ironwood Pharmaceuticals | 0.22% | 2,000,000 | $2M |
| Avaya Holdings Corp | 0.19% | 1,713,000 | $2M |
| Mandiant Inc | 0.16% | 1,478,000 | $2M |
| Travere Therapeutics Inc | 0.16% | 2,082,000 | $2M |
| Patrick Industries Inc | 0.13% | 1,249,000 | $1M |
| H World Group Ltd | 0.12% | 1,000,000 | $1M |
| Microchip Technology Inc | 0.10% | 1,000,000 | $1M |
| Two Harbors Inv Corp | 0.10% | 1,061,000 | $1M |
| Sfl Corp Ltd | 0.10% | 1,060,000 | $1M |
| Viavi Solutions Inc | 0.09% | 664,000 | $938,000 |
| Interdigital Inc | 0.06% | 623,000 | $693,000 |
| Scorpio Tankers Inc | 0.05% | 544,000 | $547,000 |
| Atlas Air Worldwide Hldg | 0.02% | 176,000 | $225,000 |
| Booking Holdings Inc | 0.01% | 132,000 | $143,000 |
| Eagle Bulk Shipping Inc | 0.00% | 40,495,000 | $52,910 |