Oaktree Capital
Picture
Moves
Options: 6 moves on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
- held
- trimmed−5.98
- trimmed+1.02
- trimmed−2.59
- trimmed+5.39
Positions
| EXEExpand Energy Corporation | 12.31% | 5,062,363 | $559M | held | — | 20 q |
| TRMDTORM plc Class A | 11.62% | 26,425,059 | $527M | trimmed−35% | −5.98 pp | 30 q |
| AUAngloGold Ashanti plc | 7.23% | 3,847,991 | $328M | trimmed−8% | +1.02 pp | 49 q |
| GTXGarrett Motion Inc. | 6.57% | 17,094,816 | $298M | trimmed−46% | −2.59 pp | 19 q |
| INDVIndivior Pharmaceuticals, Inc. | 5.62% | 7,108,644 | $255M | trimmed−97% | +5.39 pp | 8 q |
| VNOMViper Energy, Inc. Class A | 5.35% | 6,285,062 | $243M | held | — | 2 q |
| TDSTelephone and Data Systems Inc. | 3.33% | 3,688,386 | $151M | held | — | 2 q |
| BBarrick Mining Corporation | 2.86% | 2,975,118 | $130M | trimmed−10% | +0.58 pp | 5 q |
| TLNTalen Energy Corporation | 2.73% | 331,117 | $124M | added+14% | +0.12 pp | 6 q |
| CORZCore Scientific, Inc. | 2.68% | 8,350,708 | $122M | added+30% | +0.26 pp | 2 q |
| NOKNokia Corporation | 2.67% | 18,752,229 | $121M | held | — | 4 q |
| FTAIFTAI Aviation Ltd. | 2.24% | 517,328 | $102M | trimmed−12% | +0.18 pp | 2 q |
| ITUBItau Unibanco Holding S.A. | 2.18% | 13,822,747 | $99M | added+6% | +0.22 pp | 4 q |
| LBTYALiberty Global Ltd. Class A | 2.10% | 8,551,191 | $95M | held | — | 7 q |
| CBLCBL & Associates Properties, Inc. | 2.05% | 2,517,576 | $93M | trimmed−16% | +0.11 pp | 17 q |
| AEROGrupo Aeromexico, S.A.B. de C.V. | 1.83% | 3,776,986 | $83M | new | +1.83 pp | new |
| TACTransAlta Corporation | 1.79% | 6,415,253 | $81M | held | — | 4 q |
| STKLSunOpta, Inc. | 1.74% | 20,726,126 | $79M | held | — | 36 q |
| NUNu Holdings Ltd. | 1.65% | 4,479,175 | $75M | trimmed−1% | +0.12 pp | 2 q |
| FCXFreeport-McMoran Inc. | 1.56% | 1,390,053 | $71M | trimmed−8% | +0.31 pp | 18 q |
| KRCKilroy Realty Corp. | 1.52% | 1,850,011 | $69M | held | — | 20 q |
| CXCemex S.A.B. de C.V. | 1.46% | 5,749,324 | $66M | trimmed−45% | −0.52 pp | 31 q |
| RWAYRunway Growth Finance Corp. | 1.38% | 7,029,667 | $63M | trimmed−15% | −0.39 pp | 17 q |
| BLCOBausch + Lomb Corporation | 1.27% | 3,382,739 | $58M | added+4% | +0.24 pp | 3 q |
| GRABGrab Holdings Limited Class A | 1.23% | 11,207,699 | $56M | trimmed−7% | −0.31 pp | 4 q |
| XPXP Inc. Class A | 1.20% | 3,320,159 | $54M | added+63% | +0.39 pp | 2 q |
| LILAKLiberty Latin America Ltd. Class C | 0.95% | 5,748,780 | $43M | trimmed−14% | −0.24 pp | 3 q |
| ECVTEcovyst Inc. | 0.91% | 4,254,503 | $41M | added+49% | +0.38 pp | 2 q |
| ADArray Digital Infrastructure, Inc. | 0.86% | 724,444 | $39M | held | — | 2 q |
| VISTVista Energy S.A.B. de C.V. | 0.84% | 782,250 | $38M | trimmed−58% | −0.50 pp | 26 q |
| YMMFull Truck Alliance Co. Ltd. | 0.83% | 3,519,764 | $38M | trimmed−7% | −0.21 pp | 3 q |
| SBLKStar Bulk Carriers Corp. | 0.83% | 1,962,892 | $38M | held | — | 39 q |
| CRCCalifornia Resources Corporation | 0.68% | 694,502 | $31M | held | — | 6 q |
| BZKANZHUN LIMITED American Depository Shares | 0.68% | 1,523,231 | $31M | trimmed−7% | −0.13 pp | 6 q |
| TEOTelecom Argentina S.A. | 0.60% | 2,347,508 | $27M | trimmed−11% | +0.20 pp | 31 q |
| VALEVale S.a. | 0.58% | 2,023,706 | $26M | trimmed−0% | +0.11 pp | 22 q |
| TXTernium S.A. | 0.55% | 658,565 | $25M | trimmed−27% | −0.11 pp | 15 q |
| KRSPRice Acquisition Corporation 3 | 0.54% | 2,400,000 | $25M | new | +0.54 pp | new |
| OCSLOaktree Specialty Lending Corporation | 0.52% | 1,852,456 | $24M | held | — | 33 q |
| INFYInfosys Limited | 0.43% | 1,094,752 | $20M | new | +0.43 pp | new |
| ONITOnity Group Inc. | 0.39% | 390,835 | $18M | new | +0.39 pp | new |
| SMRTSmartRent, Inc. | 0.33% | 7,505,294 | $15M | held | — | 16 q |
| OPTUOptimum Communications, Inc. | 0.27% | 7,500,000 | $12M | held | — | 7 q |
| EXEELChesapeake Energy Corp -CW26 | 0.21% | 95,294 | $9M | held | — | 5 q |
| BHCBausch Health Companies Inc | 0.19% | 1,270,000 | $9M | held | — | 10 q |
| MXMagnachip Semiconductor Corp. | 0.16% | 2,849,858 | $7M | held | — | 36 q |
| LILALiberty Latin America Ltd. Class A | 0.14% | 839,020 | $6M | trimmed−1% | −0.01 pp | 2 q |
| HDBHDFC Bank Limited | 0.11% | 130,441 | $5M | trimmed−14% | 0.00 pp | 8 q |
| BATLBattalion Oil Corporation | 0.07% | 3,009,912 | $3M | trimmed−0% | −0.01 pp | 24 q |
| ALVOWAlvotech | 0.07% | 4,666,667 | $3M | held | — | 15 q |
| ALVOAlvotech | 0.04% | 533,656 | $2M | trimmed−66% | −0.23 pp | 15 q |
| BTAIQBioxcel Therapeutics Inc | 0.01% | 241,188 | $385,902 | held | — | 3 q |
| KRSP.WSRice Acquisition Corporation 3 Redeemable warrants, each whole warrant exercisable for one Class A at an exercise price of $11.50 | 0.01% | 399,999 | $319,999 | new | +0.01 pp | new |
| ECHOEchoStar Corporation | — | −600,000 | — | exited | −0.97 pp | — |
| NBRNabors Industries Ltd. | — | −737,112 | — | exited | −0.64 pp | — |
| SESea Limited | — | −141,368 | — | exited | −0.53 pp | — |
| JBSJbs N.v. | — | −1,580,400 | — | exited | −0.50 pp | — |
| ACRACRES Commercial Realty Corp. | — | −391,380 | — | exited | −0.17 pp | — |
| LGNLegence Corp. Class A | — | −175,000 | — | exited | −0.11 pp | — |
| TGSTransportadora de Gas del Sur S.A. | — | −56,522 | — | exited | −0.03 pp | — |
| unresolvedTpi Composites Inc | — | −4,610,003 | — | exited | 0.00 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| SMH PUT | 36.24% | 865,000 | $312M |
| SPY PUT | 30.54% | 385,000 | $263M |
| TLN CALL | 13.08% | 300,000 | $112M |
| ORCL PUT | 11.34% | 500,000 | $97M |
| MAR PUT | 5.41% | 150,000 | $47M |
| CORZ CALL | 3.39% | 2,000,000 | $29M |
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| Riot Platforms Inc | 5.70% | 81,960,000 | $93M |
| Jetblue Airways Corp | 5.46% | 90,530,000 | $89M |
| Echostar Corp | 3.69% | 18,000,000 | $60M |
| Cable One Inc | 3.57% | 58,874,000 | $58M |
| Airbnb Inc | 3.08% | 50,633,000 | $50M |
| Etsy Inc | 2.76% | 50,165,000 | $45M |
| Amphastar Pharmaceutical | 2.48% | 43,578,000 | $40M |
| Biomarin Pharmaceutical | 2.48% | 42,118,000 | $40M |
| Conmed Corp | 2.37% | 40,324,000 | $39M |
| Marriott Vacation Worldw | 2.36% | 40,370,000 | $38M |
| Pebblebrook Hotel Trust | 2.36% | 39,706,000 | $38M |
| Sea Ltd | 2.32% | 38,855,000 | $38M |
| Teladoc Health Inc | 2.25% | 38,479,000 | $37M |
| Enphase Energy Inc | 2.05% | 38,178,000 | $33M |
| Cracker Barrel Old Count | 1.97% | 33,101,000 | $32M |
| Array Technologies Inc | 1.86% | 33,284,000 | $30M |
| Envista Holdings Corp | 1.82% | 30,786,000 | $30M |
| Okta Inc | 1.70% | 28,311,000 | $28M |
| FIVE9 Inc | 1.68% | 30,353,000 | $27M |
| Alarm.com Hldgs Inc | 1.67% | 27,198,000 | $27M |
| Spectrum Brands Inc | 1.60% | 27,496,000 | $26M |
| Dexcom Inc | 1.58% | 27,995,000 | $26M |
| Draftkings Holdings Inc | 1.42% | 25,225,000 | $23M |
| Mgp Ingredients Inc | 1.38% | 23,225,000 | $23M |
| Summit Hotel Properties | 1.32% | 21,560,000 | $21M |
| Block Inc | 1.22% | 20,243,000 | $20M |
| Nabors Industries Inc | 1.20% | 24,063,000 | $20M |
| Jd.com Inc | 1.19% | 19,233,000 | $19M |
| Dayforce Inc | 1.18% | 19,351,000 | $19M |
| Winnebago Industries | 1.17% | 20,220,000 | $19M |
| Snap Inc | 1.12% | 19,576,000 | $18M |
| Synaptics Inc | 1.12% | 17,250,000 | $18M |
| Livanova PLC | 1.09% | 15,285,000 | $18M |
| Ppl Capital Funding Inc | 1.06% | 15,672,000 | $17M |
| Aerovironment Inc | 1.05% | 15,763,000 | $17M |
| Tetra Tech Inc | 1.02% | 15,289,000 | $17M |
| Cms Energy Corp | 1.00% | 15,199,000 | $16M |
| Haemonetics Corp | 0.92% | 15,030,000 | $15M |
| Jazz Investments I Ltd | 0.87% | 10,600,000 | $14M |
| Wec Energy Group Inc | 0.86% | 11,957,000 | $14M |
| Lantheus Holdings Inc | 0.81% | 11,525,000 | $13M |
| Snap Inc | 0.75% | 13,422,000 | $12M |
| Bandwidth Inc | 0.73% | 13,650,000 | $12M |
| Blackstone Mortgage Tr | 0.73% | 11,999,000 | $12M |
| Redfin Corp | 0.68% | 11,841,000 | $11M |
| Pennymac Corp | 0.67% | 10,935,000 | $11M |
| Coinbase Global Inc | 0.66% | 10,510,000 | $11M |
| Enphase Energy Inc | 0.66% | 10,911,000 | $11M |
| Fluor Corp | 0.66% | 9,371,000 | $11M |
| Repligen Corp | 0.66% | 9,830,000 | $11M |
| Magnite Inc | 0.63% | 10,305,000 | $10M |
| Live Nation Entertainmen | 0.62% | 9,670,000 | $10M |
| Ziff Davis Inc | 0.61% | 10,091,000 | $10M |
| Lci Industries | 0.60% | 9,927,000 | $10M |
| Callaway Golf Co | 0.59% | 9,596,000 | $10M |
| Cogent Biosciences Inc | 0.55% | 7,650,000 | $9M |
| Itron Inc | 0.54% | 8,700,000 | $9M |
| Unity Software Inc | 0.54% | 9,076,000 | $9M |
| Freshpet Inc | 0.52% | 7,300,000 | $9M |
| Mks Inc | 0.49% | 6,255,000 | $8M |
| Datadog Inc | 0.46% | 7,499,000 | $8M |
| Redwood Trust Inc | 0.46% | 7,456,000 | $7M |
| Green Plains Inc | 0.45% | 7,677,000 | $7M |
| Upstart Holdings Inc | 0.43% | 7,199,000 | $7M |
| Upwork Inc | 0.42% | 7,038,000 | $7M |
| Bentley Systems | 0.39% | 6,730,000 | $6M |
| Neogenomics Inc | 0.39% | 7,098,000 | $6M |
| Vertex Inc | 0.38% | 6,507,000 | $6M |
| Cerence Inc | 0.37% | 6,605,000 | $6M |
| Block Inc | 0.34% | 5,935,000 | $6M |
| Mitek Systems Inc | 0.33% | 5,374,000 | $5M |
| Shake Shack Inc | 0.33% | 5,686,000 | $5M |
| Nutanix Inc | 0.32% | 5,436,000 | $5M |
| Affirm Holdings Inc | 0.31% | 5,225,000 | $5M |
| Penn Entertainment Inc | 0.30% | 4,952,000 | $5M |
| Southern Co | 0.30% | 4,557,000 | $5M |
| Strategy Inc | 0.29% | 5,763,000 | $5M |
| Snap Inc | 0.22% | 3,767,000 | $4M |
| American Water Capital C | 0.21% | 3,426,000 | $3M |
| Ziff Davis Inc | 0.21% | 3,496,000 | $3M |
| Two Harbors Inv Corp | 0.20% | 3,298,000 | $3M |
| Bill Holdings Inc | 0.19% | 3,306,000 | $3M |
| Ford Motor Company | 0.19% | 2,900,000 | $3M |
| Bridgebio Pharma Inc | 0.18% | 2,550,000 | $3M |
| Post Holdings Inc | 0.18% | 2,650,000 | $3M |
| Nutanix Inc | 0.14% | 2,000,000 | $2M |
| On Semiconductor Corp | 0.14% | 1,950,000 | $2M |
| Wisdomtree Inc | 0.14% | 1,850,000 | $2M |
| Dropbox Inc | 0.13% | 2,175,000 | $2M |
| Cheesecake Factory (The) | 0.12% | 1,960,000 | $2M |
| Blackline Inc | 0.11% | 1,816,000 | $2M |
| Digitalocean Holdings | 0.11% | 1,880,000 | $2M |
| Groupon Inc | 0.11% | 1,874,000 | $2M |
| Vail Resorts Inc | 0.11% | 1,819,000 | $2M |
| Nextera Energy Capital | 0.10% | 1,292,000 | $2M |
| Celcuity Inc | 0.09% | 700,000 | $2M |
| Fastly Inc | 0.09% | 1,353,000 | $1M |
| Spotify USA Inc | 0.09% | 1,300,000 | $1M |
| Trip.com Group Ltd | 0.09% | 1,189,000 | $1M |
| Vishay Intertechnology | 0.09% | 1,651,000 | $1M |
| Herbalife Ltd | 0.08% | 1,242,000 | $1M |
| Lyft Inc | 0.08% | 1,100,000 | $1M |
| Strategy Inc | 0.08% | 1,300,000 | $1M |
| Parsons Corp | 0.07% | 1,160,000 | $1M |
| Affirm Holdings Inc | 0.06% | 927,000 | $1M |
| Ascendis Pharma A/S | 0.06% | 700,000 | $994,315 |
| Haemonetics Corp | 0.06% | 902,000 | $938,711 |
| Ringcentral Inc | 0.06% | 984,000 | $974,651 |
| Tyler Technologies Inc | 0.06% | 1,000,000 | $1M |
| Fastly Inc | 0.05% | 863,000 | $850,055 |
| Gladstone Capital Corp | 0.05% | 754,000 | $738,919 |
| Guardant Health Inc | 0.04% | 555,000 | $599,677 |
| Peloton Interactive Inc | 0.03% | 559,000 | $552,711 |