Oaktree Capital
Picture
Moves
Options: 4 moves on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
- held
- added+4.78
- held
- held
- held
Positions
| TRMDTORM plc Class A | 17.41% | 40,581,120 | $780M | held | — | 26 q |
| EXEExpand Energy Corporation | 15.42% | 6,937,364 | $691M | added+1% | +4.78 pp | 16 q |
| GTXGarrett Motion Inc. | 8.89% | 44,082,816 | $398M | held | — | 15 q |
| SB9Sitio Royalties Corp-a | 5.54% | 12,935,120 | $248M | held | — | 9 q |
| INFNInfinera Corporation | 3.69% | 25,175,384 | $165M | held | — | 25 q |
| STKLSunOpta, Inc. | 3.56% | 20,726,126 | $159M | held | — | 32 q |
| AUAngloGold Ashanti plc | 2.86% | 5,557,551 | $128M | trimmed−2% | +0.02 pp | 45 q |
| VISTVista Energy S.A.B. de C.V. | 2.77% | 2,293,561 | $124M | trimmed−8% | +0.69 pp | 22 q |
| RWAYRunway Growth Finance Corp. | 2.64% | 10,779,667 | $118M | held | — | 13 q |
| INDVIndivior Pharmaceuticals, Inc. | 2.50% | 8,733,548 | $112M | trimmed−8% | +0.73 pp | 4 q |
| CRCCalifornia Resources Corporation | 2.37% | 2,046,753 | $106M | held | — | 2 q |
| LBTYALiberty Global Ltd. Class A | 2.05% | 7,204,190 | $92M | added+21% | −0.32 pp | 3 q |
| CBLCBL & Associates Properties, Inc. | 1.97% | 3,005,126 | $88M | trimmed−25% | +0.07 pp | 13 q |
| CXCemex S.A.B. de C.V. | 1.84% | 14,589,032 | $82M | trimmed−1% | +0.15 pp | 27 q |
| SBLKStar Bulk Carriers Corp. | 1.79% | 5,373,631 | $80M | trimmed−6% | −0.76 pp | 35 q |
| TLNTalen Energy Corporation | 1.78% | 396,624 | $80M | trimmed−43% | −0.56 pp | 2 q |
| KRCKilroy Realty Corp. | 1.67% | 1,850,011 | $75M | held | — | 16 q |
| FCXFreeport-McMoran Inc. | 1.50% | 1,763,003 | $67M | trimmed−27% | −0.78 pp | 14 q |
| VALEVale S.a. | 1.42% | 7,192,005 | $64M | trimmed−12% | −0.38 pp | 18 q |
| SNRENSunrise Communicat-cl A | 1.39% | 1,440,836 | $62M | new | +1.39 pp | new |
| TCOMTrip.com Group Limited | 1.10% | 717,222 | $49M | trimmed−9% | +0.21 pp | 3 q |
| JDJD.com, Inc. | 1.09% | 1,409,952 | $49M | trimmed−20% | −0.24 pp | 7 q |
| PBRPetroleo Brasileiro S.a.-petrobras | 0.96% | 3,352,724 | $43M | trimmed−18% | −0.14 pp | 20 q |
| YUMCYum China Holdings, Inc. | 0.94% | 877,830 | $42M | trimmed−10% | +0.11 pp | 2 q |
| HTHTH World Group Limited | 0.84% | 1,145,269 | $38M | trimmed−2% | +0.02 pp | 5 q |
| BMABanco Macro S.A. | 0.82% | 378,625 | $37M | trimmed−18% | +0.27 pp | 4 q |
| INFYInfosys Limited | 0.82% | 1,677,679 | $37M | trimmed−2% | +0.10 pp | 2 q |
| NTESNetEase, inc. | 0.80% | 399,694 | $36M | added+72% | +0.39 pp | 2 q |
| 0E41Enlink Midstream LLC | 0.79% | 2,499,111 | $35M | trimmed−1% | +0.10 pp | 2 q |
| TEOTelecom Argentina S.A. | 0.79% | 2,799,263 | $35M | trimmed−9% | +0.35 pp | 27 q |
| OCSLOaktree Specialty Lending Corporation | 0.63% | 1,852,456 | $28M | held | — | 29 q |
| PDDPDD Holdings Inc. | 0.60% | 277,767 | $27M | trimmed−2% | −0.12 pp | 2 q |
| ALVOAlvotech | 0.57% | 1,925,705 | $25M | trimmed−24% | 0.00 pp | 11 q |
| BZKANZHUN LIMITED American Depository Shares | 0.54% | 1,762,631 | $24M | trimmed−12% | −0.12 pp | 2 q |
| TXTernium S.A. | 0.54% | 828,309 | $24M | trimmed−2% | −0.05 pp | 11 q |
| TGSTransportadora de Gas del Sur S.A. | 0.52% | 794,183 | $23M | trimmed−14% | +0.20 pp | 26 q |
| unresolvedUniti Group Inc | 0.42% | 3,397,592 | $19M | held | — | 18 q |
| OPTUOptimum Communications, Inc. | 0.40% | 7,500,000 | $18M | held | — | 3 q |
| ABXBarrick Mining Corporation | 0.35% | 1,015,063 | $16M | new | +0.35 pp | new |
| BRYBerry Corporation (bry) | 0.34% | 3,697,000 | $15M | held | — | 24 q |
| ALVOWAlvotech | 0.32% | 4,666,667 | $15M | held | — | 11 q |
| SMRTSmartRent, Inc. | 0.29% | 7,505,294 | $13M | held | — | 12 q |
| ONITOnity Group Inc. | 0.28% | 410,429 | $13M | trimmed−9% | +0.01 pp | 15 q |
| MXMagnachip Semiconductor Corp. | 0.26% | 2,849,858 | $11M | held | — | 32 q |
| PAMPampa Energia S.a. | 0.26% | 131,086 | $12M | trimmed−36% | +0.03 pp | 26 q |
| DQDaqo New Energy Corp. | 0.24% | 551,007 | $11M | trimmed−9% | +0.01 pp | 2 q |
| BHCBausch Health Companies Inc | 0.23% | 1,270,000 | $10M | held | — | 6 q |
| BAKBraskem S.A. | 0.21% | 2,491,792 | $10M | held | — | 4 q |
| unresolvedTpi Composites Inc | 0.19% | 4,610,003 | $9M | held | — | 10 q |
| EXEELChesapeake Energy Corp -CW26 | 0.18% | 95,294 | $8M | new | +0.18 pp | new |
| VCSAVacasa, Inc. Class A | 0.15% | 1,375,448 | $7M | held | — | 4 q |
| HDBHDFC Bank Limited | 0.13% | 89,697 | $6M | added+66% | +0.07 pp | 4 q |
| BATLBattalion Oil Corporation | 0.12% | 3,009,912 | $5M | held | — | 20 q |
| CPNGCoupang, Inc. | 0.12% | 241,544 | $5M | new | +0.12 pp | new |
| MESOMesoblast Limited | 0.08% | 179,593 | $4M | new | +0.08 pp | new |
| unresolvedEf Hutton Acquisition Corp I | 0.00% | 75,000 | $72,000 | held | — | 5 q |
| ITUBItau Unibanco Holding S.A. | — | −9,076,407 | — | exited | −1.14 pp | — |
| BBDBanco Bradesco S.A. | — | −14,114,711 | — | exited | −0.71 pp | — |
| JOYYJOYY Inc. | — | −882,590 | — | exited | −0.60 pp | — |
| BABAAlibaba Group Holding Limited | — | −224,719 | — | exited | −0.45 pp | — |
| HIMSHims & Hers Health, Inc. | — | −666,962 | — | exited | −0.23 pp | — |
| YPFYPF Sociedad Anonima | — | −551,128 | — | exited | −0.22 pp | — |
| XPXP Inc. Class A | — | −510,764 | — | exited | −0.17 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| SPY PUT | 50.52% | 320,000 | $188M |
| VST PUT | 24.51% | 660,000 | $91M |
| TLN CALL | 13.03% | 240,000 | $48M |
| PWR PUT | 10.22% | 120,000 | $38M |
| LBTYA CALL | 1.72% | 500,000 | $6M |
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| Coherus Oncology Inc | 6.09% | 49,030,000 | $48M |
| Sunnova Energy Intl Inc | 5.67% | 73,903,000 | $44M |
| Cable One Inc | 5.49% | 46,137,000 | $43M |
| Pebblebrook Hotel Trust | 4.89% | 41,128,000 | $38M |
| Jetblue Airways Corp | 4.75% | 39,943,000 | $37M |
| Guardant Health Inc | 4.14% | 38,535,000 | $32M |
| Anywhere Re GRP/REALOGY | 4.13% | 36,476,000 | $32M |
| Sunnova Energy Intl Inc | 2.32% | 47,819,000 | $18M |
| PG&E Corp | 2.12% | 15,275,000 | $17M |
| Ascendis Pharma A/S | 2.04% | 14,502,000 | $16M |
| Alphatec Holdings Inc | 1.81% | 15,000,000 | $14M |
| Etsy Inc | 1.78% | 16,954,000 | $14M |
| Southern Co | 1.70% | 12,686,000 | $13M |
| Akamai Technologies Inc | 1.53% | 11,889,000 | $12M |
| Uber Technologies Inc | 1.49% | 10,549,000 | $12M |
| Ncl Corporation Ltd | 1.47% | 11,059,000 | $11M |
| Travere Therapeutics Inc | 1.40% | 11,500,000 | $11M |
| SHIFT4 Payments Inc | 1.36% | 9,910,000 | $11M |
| H World Group Ltd | 1.32% | 9,749,000 | $10M |
| Sarepta Therapeutics Inc | 1.23% | 8,802,000 | $10M |
| Cms Energy Corp | 1.21% | 9,138,000 | $10M |
| Liberty Media Corp | 1.17% | 7,515,000 | $9M |
| Ppl Capital Funding Inc | 1.13% | 8,499,000 | $9M |
| Shake Shack Inc | 1.12% | 8,556,000 | $9M |
| Zto Express Ky Inc | 1.12% | 8,843,000 | $9M |
| Upstart Holdings Inc | 1.10% | 9,502,000 | $9M |
| Workiva Inc | 1.08% | 7,962,000 | $8M |
| Cytokinetics Inc | 1.06% | 6,988,000 | $8M |
| Advanced Energy Ind | 0.99% | 7,122,000 | $8M |
| Digitalocean Holdings | 0.98% | 8,609,000 | $8M |
| First Majestic Silver | 0.98% | 8,479,000 | $8M |
| Ziff Davis Inc | 0.95% | 7,921,000 | $7M |
| Tetra Tech Inc | 0.95% | 6,311,000 | $7M |
| Conmed Corp | 0.94% | 7,919,000 | $7M |
| Integra Lifesciences Hld | 0.93% | 7,572,000 | $7M |
| Sea Ltd | 0.92% | 7,918,000 | $7M |
| Snap Inc | 0.92% | 8,800,000 | $7M |
| Teladoc Health Inc | 0.85% | 7,574,000 | $7M |
| Wayfair Inc | 0.84% | 6,883,000 | $7M |
| Envista Holdings Corp | 0.75% | 6,531,000 | $6M |
| Fluor Corp | 0.71% | 4,405,000 | $6M |
| Mesa Laboratories Inc | 0.68% | 5,507,000 | $5M |
| Haemonetics Corp | 0.65% | 5,350,000 | $5M |
| Vail Resorts Inc | 0.64% | 5,277,000 | $5M |
| Blackstone Mortgage Tr | 0.62% | 5,025,000 | $5M |
| Nuvasive Inc | 0.62% | 4,913,000 | $5M |
| Pennymac Corp | 0.60% | 4,769,000 | $5M |
| Rwt Holdings Inc | 0.60% | 4,710,000 | $5M |
| Wix Ltd | 0.60% | 4,827,000 | $5M |
| Ssr Mining Inc | 0.59% | 4,821,000 | $5M |
| Eventbrite Inc | 0.58% | 5,177,000 | $5M |
| Fiverr International Ltd | 0.57% | 4,698,000 | $4M |
| Pacira Biosciences Inc | 0.57% | 4,620,000 | $4M |
| Affirm Holdings Inc | 0.56% | 4,820,000 | $4M |
| Spotify USA Inc | 0.54% | 4,000,000 | $4M |
| Bandwidth Inc | 0.53% | 5,163,000 | $4M |
| National Vision Holdings | 0.52% | 4,132,000 | $4M |
| Ezcorp Inc | 0.51% | 3,975,000 | $4M |
| New Mountain Finance Cor | 0.51% | 3,968,000 | $4M |
| Pegasystems Inc | 0.48% | 3,787,000 | $4M |
| Insmed Inc | 0.45% | 1,642,000 | $4M |
| Alarm.com Hldgs Inc | 0.43% | 3,539,000 | $3M |
| Bridgebio Pharma Inc | 0.42% | 3,798,000 | $3M |
| Chegg Inc | 0.42% | 3,419,000 | $3M |
| Magnite Inc | 0.41% | 3,403,000 | $3M |
| Neogenomics Inc | 0.41% | 3,809,000 | $3M |
| Mara Holdings Inc | 0.40% | 3,443,000 | $3M |
| Upwork Inc | 0.40% | 3,420,000 | $3M |
| Marriott Vacation Worldw | 0.39% | 3,268,000 | $3M |
| Okta Inc | 0.38% | 3,077,000 | $3M |
| Wayfair Inc | 0.37% | 2,685,000 | $3M |
| Array Technologies Inc | 0.36% | 3,895,000 | $3M |
| Green Plains Inc | 0.36% | 3,310,000 | $3M |
| Two Harbors Inv Corp | 0.34% | 2,660,000 | $3M |
| Block Inc | 0.32% | 2,701,000 | $3M |
| Bentley Systems Inc | 0.31% | 2,500,000 | $2M |
| The Realreal Inc | 0.31% | 3,099,000 | $2M |
| Unity Software Inc | 0.30% | 2,601,000 | $2M |
| Groupon Inc | 0.29% | 2,450,000 | $2M |
| Nio Inc | 0.29% | 2,324,000 | $2M |
| Repligen Corp | 0.29% | 2,200,000 | $2M |
| Cardlytics Inc | 0.28% | 2,415,000 | $2M |
| Enphase Energy Inc | 0.27% | 2,301,000 | $2M |
| Neogenomics Inc | 0.26% | 2,076,000 | $2M |
| Lumentum Holdings Inc | 0.25% | 2,000,000 | $2M |
| Redfin Corp | 0.24% | 2,409,000 | $2M |
| 8X8 Inc | 0.23% | 2,068,000 | $2M |
| Redwood Trust Inc | 0.23% | 1,801,000 | $2M |
| Post Holdings Inc | 0.19% | 1,300,000 | $2M |
| Airbnb Inc | 0.18% | 1,533,000 | $1M |
| Alnylam Pharmaceuticals | 0.18% | 1,350,000 | $1M |
| Marriott Vacation Worldw | 0.18% | 1,461,000 | $1M |
| Transmedics Group Inc | 0.18% | 1,400,000 | $1M |
| Cracker Barrel Old Count | 0.17% | 1,376,000 | $1M |
| On Semiconductor Corp | 0.17% | 1,448,000 | $1M |
| Block Inc | 0.17% | 1,507,000 | $1M |
| Summit Hotel Properties | 0.15% | 1,182,000 | $1M |
| Lendingtree Inc | 0.14% | 1,136,000 | $1M |
| Travere Therapeutics Inc | 0.13% | 1,033,000 | $1M |
| FIVE9 Inc | 0.09% | 724,000 | $703,655 |
| Nio Inc | 0.09% | 932,000 | $687,816 |
| Health Catalyst Inc | 0.07% | 578,000 | $570,052 |
| Rivian Auto Inc | 0.07% | 517,000 | $522,364 |
| Arbor Realty Trust Inc | 0.06% | 444,000 | $444,000 |