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
- trimmed−6.85
- held
- held
- held
- held
Positions
| TRMDTORM plc Class A | 26.03% | 40,581,120 | $1.4B | trimmed−8% | −6.85 pp | 25 q |
| EXEExpand Energy Corporation | 10.64% | 6,870,884 | $565M | held | — | 15 q |
| GTXGarrett Motion Inc. | 6.79% | 44,082,816 | $361M | held | — | 14 q |
| SB9Sitio Royalties Corp-a | 5.07% | 12,935,120 | $270M | held | — | 8 q |
| INFNInfinera Corporation | 3.20% | 25,175,384 | $170M | held | — | 24 q |
| AUAngloGold Ashanti plc | 2.84% | 5,657,451 | $151M | trimmed−11% | −0.19 pp | 44 q |
| SBLKStar Bulk Carriers Corp. | 2.55% | 5,712,206 | $135M | trimmed−28% | −1.15 pp | 34 q |
| STKLSunOpta, Inc. | 2.49% | 20,726,126 | $132M | held | — | 31 q |
| LBTYALiberty Global Ltd. Class A | 2.37% | 5,973,258 | $126M | added+57% | +1.11 pp | 2 q |
| TLNTalen Energy Corporation | 2.34% | 696,676 | $124M | new | +2.34 pp | new |
| FCXFreeport-McMoran Inc. | 2.28% | 2,425,239 | $121M | added0% | +0.04 pp | 13 q |
| RWAYRunway Growth Finance Corp. | 2.09% | 10,779,667 | $111M | held | — | 12 q |
| VISTVista Energy S.A.B. de C.V. | 2.08% | 2,503,714 | $111M | held | — | 21 q |
| CRCCalifornia Resources Corporation | 2.02% | 2,046,753 | $107M | new | +2.02 pp | new |
| CBLCBL & Associates Properties, Inc. | 1.90% | 4,005,126 | $101M | held | — | 12 q |
| VALEVale S.a. | 1.80% | 8,203,466 | $96M | trimmed−36% | −0.92 pp | 17 q |
| INDVIndivior Pharmaceuticals, Inc. | 1.77% | 9,521,980 | $94M | added×2.1 | +0.43 pp | 3 q |
| CXCemex S.A.B. de C.V. | 1.69% | 14,689,032 | $90M | held | — | 26 q |
| KRCKilroy Realty Corp. | 1.35% | 1,850,011 | $72M | held | — | 15 q |
| JDJD.com, Inc. | 1.33% | 1,760,208 | $70M | trimmed−38% | −0.06 pp | 6 q |
| ITUBItau Unibanco Holding S.A. | 1.14% | 9,076,407 | $60M | added+37% | +0.40 pp | 41 q |
| PBRPetroleo Brasileiro S.a.-petrobras | 1.10% | 4,069,272 | $59M | trimmed−10% | −0.15 pp | 19 q |
| TCOMTrip.com Group Limited | 0.89% | 791,523 | $47M | added+35% | +0.37 pp | 2 q |
| YUMCYum China Holdings, Inc. | 0.83% | 976,906 | $44M | new | +0.83 pp | new |
| HTHTH World Group Limited | 0.82% | 1,167,869 | $43M | trimmed−10% | 0.00 pp | 4 q |
| INFYInfosys Limited | 0.72% | 1,711,512 | $38M | new | +0.72 pp | new |
| PDDPDD Holdings Inc. | 0.72% | 283,267 | $38M | new | +0.72 pp | new |
| BBDBanco Bradesco S.A. | 0.71% | 14,114,711 | $38M | trimmed−59% | −0.78 pp | 20 q |
| 0E41Enlink Midstream LLC | 0.69% | 2,525,098 | $37M | new | +0.69 pp | new |
| BZKANZHUN LIMITED American Depository Shares | 0.66% | 2,011,574 | $35M | new | +0.66 pp | new |
| JOYYJOYY Inc. | 0.60% | 882,590 | $32M | added+30% | +0.21 pp | 3 q |
| TXTernium S.A. | 0.59% | 844,909 | $31M | trimmed−10% | −0.08 pp | 10 q |
| OCSLOaktree Specialty Lending Corporation | 0.57% | 1,852,456 | $30M | held | — | 28 q |
| ALVOAlvotech | 0.57% | 2,532,027 | $30M | held | — | 10 q |
| BMABanco Macro S.A. | 0.55% | 464,300 | $29M | held | — | 3 q |
| BABAAlibaba Group Holding Limited | 0.45% | 224,719 | $24M | added+83% | +0.28 pp | 4 q |
| TEOTelecom Argentina S.A. | 0.44% | 3,079,088 | $23M | added+2% | +0.02 pp | 26 q |
| NTESNetEase, inc. | 0.41% | 232,594 | $22M | new | +0.41 pp | new |
| unresolvedTpi Composites Inc | 0.39% | 4,610,003 | $21M | added0% | +0.04 pp | 9 q |
| BATLBattalion Oil Corporation | 0.38% | 3,009,912 | $20M | held | — | 19 q |
| BRYBerry Corporation (bry) | 0.36% | 3,697,000 | $19M | held | — | 23 q |
| unresolvedUniti Group Inc | 0.36% | 3,397,592 | $19M | held | — | 17 q |
| OPTUOptimum Communications, Inc. | 0.35% | 7,500,000 | $18M | added+26% | +0.12 pp | 2 q |
| BAKBraskem S.A. | 0.34% | 2,491,792 | $18M | added+2% | +0.04 pp | 3 q |
| TGSTransportadora de Gas del Sur S.A. | 0.32% | 923,183 | $17M | trimmed−5% | −0.03 pp | 25 q |
| ONITOnity Group Inc. | 0.27% | 451,029 | $14M | held | — | 14 q |
| ALVOWAlvotech | 0.27% | 4,666,667 | $14M | held | — | 10 q |
| MXMagnachip Semiconductor Corp. | 0.25% | 2,849,858 | $13M | held | — | 31 q |
| SMRTSmartRent, Inc. | 0.24% | 7,505,294 | $13M | held | — | 11 q |
| DQDaqo New Energy Corp. | 0.23% | 604,939 | $12M | new | +0.23 pp | new |
| HIMSHims & Hers Health, Inc. | 0.23% | 666,962 | $12M | held | — | 15 q |
| PAMPampa Energia S.a. | 0.23% | 203,767 | $12M | held | — | 25 q |
| YPFYPF Sociedad Anonima | 0.22% | 551,128 | $12M | trimmed−42% | −0.15 pp | 3 q |
| BHCBausch Health Companies Inc | 0.20% | 1,270,000 | $10M | held | — | 5 q |
| XPXP Inc. Class A | 0.17% | 510,764 | $9M | new | +0.17 pp | new |
| VCSAVacasa, Inc. Class A | 0.07% | 1,375,448 | $4M | held | — | 3 q |
| HDBHDFC Bank Limited | 0.06% | 54,040 | $3M | added+3% | 0.00 pp | 3 q |
| unresolvedEf Hutton Acquisition Corp I | 0.00% | 75,000 | $89,250 | held | — | 4 q |
| GGBGerdau S.A. | — | −5,888,855 | — | exited | −0.37 pp | — |
| STHOStar Holdings Shares of Beneficial Interest | — | −966,868 | — | exited | −0.22 pp | — |
| unresolvedAzul Sa-adr | — | −2,445,850 | — | exited | −0.19 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| SPY PUT | 95.55% | 395,000 | $227M |
| LBTYA CALL | 4.45% | 500,000 | $11M |
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| Sunnova Energy Intl Inc | 6.50% | 58,642,000 | $45M |
| Cable One Inc | 5.55% | 41,521,000 | $38M |
| Coherus Oncology Inc | 5.25% | 46,030,000 | $36M |
| Anywhere Re GRP/REALOGY | 4.73% | 37,148,000 | $33M |
| Travere Therapeutics Inc | 3.76% | 30,000,000 | $26M |
| Pebblebrook Hotel Trust | 2.93% | 21,851,000 | $20M |
| Guardant Health Inc | 2.52% | 21,573,000 | $17M |
| Jetblue Airways Corp | 2.30% | 17,160,000 | $16M |
| Ascendis Pharma A/S | 2.09% | 12,369,000 | $14M |
| Alphatec Holdings Inc | 1.96% | 15,000,000 | $14M |
| First Majestic Silver | 1.95% | 15,092,000 | $13M |
| Zto Express Ky Inc | 1.83% | 11,828,000 | $13M |
| Southern Co | 1.78% | 11,016,000 | $12M |
| Liberty Media Corp | 1.76% | 10,969,000 | $12M |
| H World Group Ltd | 1.72% | 10,049,000 | $12M |
| Akamai Technologies Inc | 1.47% | 9,774,000 | $10M |
| Nutanix Inc | 1.29% | 7,407,000 | $9M |
| Advanced Energy Ind | 1.21% | 7,855,000 | $8M |
| Fluor Corp | 1.20% | 6,718,000 | $8M |
| Tetra Tech Inc | 1.16% | 6,083,000 | $8M |
| Shake Shack Inc | 1.15% | 8,475,000 | $8M |
| Rwt Holdings Inc | 1.13% | 7,884,000 | $8M |
| Sarepta Therapeutics Inc | 1.08% | 6,524,000 | $7M |
| Pegasystems Inc | 1.04% | 7,315,000 | $7M |
| Digitalocean Holdings | 1.03% | 7,997,000 | $7M |
| Snap Inc | 1.03% | 8,848,000 | $7M |
| Ncl Corporation Ltd | 1.02% | 7,225,000 | $7M |
| Mesa Laboratories Inc | 1.00% | 7,146,000 | $7M |
| New Mountain Finance Cor | 0.98% | 6,635,000 | $7M |
| Nuvasive Inc | 0.97% | 6,791,000 | $7M |
| Ziff Davis Inc | 0.96% | 7,145,000 | $7M |
| On Semiconductor Corp | 0.95% | 6,440,000 | $7M |
| Sea Ltd | 0.94% | 7,152,000 | $6M |
| Cms Energy Corp | 0.93% | 5,980,000 | $6M |
| Etsy Inc | 0.93% | 7,782,000 | $6M |
| Pacira Biosciences Inc | 0.90% | 6,494,000 | $6M |
| Haemonetics Corp | 0.89% | 6,589,000 | $6M |
| Live Nation Entertainmen | 0.88% | 4,903,000 | $6M |
| Air Transport Services G | 0.87% | 6,319,000 | $6M |
| Teladoc Health Inc | 0.84% | 6,671,000 | $6M |
| Halozyme Therapeutics In | 0.83% | 4,778,000 | $6M |
| Mara Holdings Inc | 0.81% | 6,293,000 | $6M |
| Bandwidth Inc | 0.80% | 6,975,000 | $5M |
| Chegg Inc | 0.78% | 5,568,000 | $5M |
| Upstart Holdings Inc | 0.75% | 5,784,000 | $5M |
| Ford Motor Company | 0.71% | 4,988,000 | $5M |
| Ppl Capital Funding Inc | 0.69% | 4,491,000 | $5M |
| National Vision Holdings | 0.68% | 4,765,000 | $5M |
| Two Harbors Inv Corp | 0.68% | 4,785,000 | $5M |
| Affirm Holdings Inc | 0.67% | 5,193,000 | $5M |
| Fiverr International Ltd | 0.67% | 4,904,000 | $5M |
| Pennymac Corp | 0.64% | 4,503,000 | $4M |
| Upwork Inc | 0.63% | 4,752,000 | $4M |
| Blackstone Mortgage Tr | 0.61% | 4,376,000 | $4M |
| Wix Ltd | 0.60% | 4,303,000 | $4M |
| Alarm.com Hldgs Inc | 0.58% | 4,254,000 | $4M |
| Ezcorp Inc | 0.57% | 3,975,000 | $4M |
| Insmed Inc | 0.55% | 1,642,000 | $4M |
| Lumentum Holdings Inc | 0.52% | 4,084,000 | $4M |
| SHIFT4 Payments Inc | 0.52% | 2,950,000 | $4M |
| Okta Inc | 0.47% | 3,402,000 | $3M |
| Lendingtree Inc | 0.46% | 3,386,000 | $3M |
| Magnite Inc | 0.46% | 3,403,000 | $3M |
| 8X8 Inc | 0.44% | 4,083,000 | $3M |
| Neogenomics Inc | 0.44% | 3,607,000 | $3M |
| Cardlytics Inc | 0.43% | 3,206,000 | $3M |
| Innoviva Inc | 0.43% | 3,062,000 | $3M |
| Block Inc | 0.43% | 3,178,000 | $3M |
| Integra Lifesciences Hld | 0.42% | 3,062,000 | $3M |
| Ssr Mining Inc | 0.41% | 3,039,000 | $3M |
| FIVE9 Inc | 0.40% | 2,879,000 | $3M |
| Perficient Inc | 0.40% | 2,823,000 | $3M |
| Eventbrite Inc | 0.39% | 3,062,000 | $3M |
| Zscaler Inc. | 0.38% | 2,150,000 | $3M |
| Bentley Systems Inc | 0.36% | 2,500,000 | $3M |
| Seagate Hdd Cayman | 0.35% | 1,679,000 | $2M |
| Array Technologies Inc | 0.34% | 3,145,000 | $2M |
| Atlantica Jersey Ltd | 0.34% | 2,383,000 | $2M |
| Cracker Barrel Old Count | 0.33% | 2,461,000 | $2M |
| Nio Inc | 0.33% | 2,324,000 | $2M |
| Redfin Corp | 0.33% | 3,063,000 | $2M |
| Cytokinetics Inc | 0.32% | 1,700,000 | $2M |
| Summit Hotel Properties | 0.32% | 2,298,000 | $2M |
| Alnylam Pharmaceuticals | 0.31% | 1,800,000 | $2M |
| Bridgebio Pharma Inc | 0.29% | 2,382,000 | $2M |
| Techtarget Holdings Inc | 0.29% | 2,041,000 | $2M |
| Redwood Trust Inc | 0.28% | 1,954,000 | $2M |
| Groupon Inc | 0.27% | 2,075,000 | $2M |
| Unity Software Inc | 0.27% | 2,043,000 | $2M |
| Arbor Realty Trust Inc | 0.26% | 1,750,000 | $2M |
| Wayfair Inc | 0.25% | 1,400,000 | $2M |
| Middleby Corp | 0.24% | 1,400,000 | $2M |
| Northern Oil & Gas Inc | 0.23% | 1,400,000 | $2M |
| Etsy Inc | 0.22% | 1,550,000 | $2M |
| Post Holdings Inc | 0.22% | 1,300,000 | $2M |
| Airbnb Inc | 0.21% | 1,533,000 | $1M |
| Bilibili Inc | 0.21% | 1,480,000 | $1M |
| Xometry Inc | 0.21% | 1,702,000 | $1M |
| Marriott Vacation Worldw | 0.20% | 1,461,000 | $1M |
| Vail Resorts Inc | 0.20% | 1,425,000 | $1M |
| Bridgebio Pharma Inc | 0.19% | 1,246,000 | $1M |
| Mannkind Corp | 0.19% | 1,000,000 | $1M |
| Block Inc | 0.18% | 1,253,000 | $1M |
| Nio Inc | 0.16% | 1,215,000 | $1M |
| The Realreal Inc | 0.11% | 1,616,000 | $775,680 |
| Conmed Corp | 0.09% | 681,000 | $633,451 |
| Solar Edge Technologies | 0.09% | 681,000 | $634,011 |
| Pennymac Corp | 0.08% | 578,000 | $575,832 |