Oaktree Capital
Picture
Moves
Options: 9 moves on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
Positions
| TRMDTORM plc Class A | 13.87% | 20,329,874 | $524M | trimmed−15% | −1.80 pp | 32 q |
| EXEExpand Energy Corporation | 12.64% | 5,237,477 | $478M | held | — | 22 q |
| GTXGarrett Motion Inc. | 7.28% | 7,594,816 | $275M | trimmed−48% | +1.12 pp | 21 q |
| AUAngloGold Ashanti plc | 6.81% | 3,179,092 | $257M | trimmed−1% | −0.48 pp | 51 q |
| INDVIndivior Pharmaceuticals, Inc. | 6.65% | 6,127,212 | $251M | trimmed−12% | +1.71 pp | 10 q |
| TDSTelephone and Data Systems Inc. | 5.17% | 5,282,905 | $196M | added+23% | +0.97 pp | 4 q |
| VNOMViper Energy, Inc. Class A | 4.25% | 3,791,432 | $161M | held | — | 4 q |
| CORZCore Scientific, Inc. | 3.38% | 4,993,708 | $128M | trimmed−47% | +0.13 pp | 4 q |
| TLNTalen Energy Corporation | 3.37% | 331,117 | $127M | held | — | 8 q |
| BBarrick Mining Corporation | 3.12% | 3,206,087 | $118M | added+22% | +0.63 pp | 7 q |
| ITUBItau Unibanco Holding S.A. | 2.59% | 11,977,665 | $98M | trimmed−2% | +0.22 pp | 6 q |
| LBTYALiberty Global Ltd. Class A | 2.57% | 8,551,191 | $97M | held | — | 9 q |
| OCSLOaktree Specialty Lending Corporation | 2.49% | 7,872,199 | $94M | added×4.2 | +2.00 pp | 35 q |
| FCXFreeport-McMoran Inc. | 2.00% | 1,201,122 | $76M | trimmed−2% | +0.33 pp | 20 q |
| AEROGrupo Aeromexico, S.A.B. de C.V. | 1.89% | 3,968,686 | $71M | held | — | 3 q |
| KRCKilroy Realty Corp. | 1.83% | 1,850,011 | $69M | held | — | 22 q |
| SESea Limited | 1.61% | 635,443 | $61M | new | +1.61 pp | new |
| LILAKLiberty Latin America Ltd. Class C | 1.56% | 7,559,083 | $59M | added+20% | +0.38 pp | 5 q |
| BLCOBausch + Lomb Corporation | 1.51% | 3,441,042 | $57M | added+2% | +0.26 pp | 5 q |
| VSATViasat Inc | 1.50% | 630,280 | $57M | new | +1.50 pp | new |
| MMYTMakeMyTrip Limited | 1.39% | 983,068 | $52M | new | +1.39 pp | new |
| MATWMatthews International Corp | 1.37% | 1,925,992 | $52M | new | +1.37 pp | new |
| XPXP Inc. Class A | 1.34% | 3,116,809 | $51M | trimmed−2% | −0.06 pp | 4 q |
| YPFYPF Sociedad Anonima | 1.19% | 991,346 | $45M | added+12% | +0.24 pp | 2 q |
| TACTransAlta Corporation | 1.10% | 3,000,000 | $41M | trimmed−53% | −0.85 pp | 6 q |
| RWAYRunway Growth Finance Corp. | 1.04% | 7,029,667 | $39M | held | — | 19 q |
| EMBJEmbraer S.A. | 0.74% | 439,706 | $28M | trimmed−2% | +0.12 pp | 2 q |
| ADArray Digital Infrastructure, Inc. | 0.67% | 696,858 | $25M | trimmed−4% | −0.11 pp | 4 q |
| KRSPRice Acquisition Corporation 3 | 0.67% | 2,400,000 | $25M | held | — | 3 q |
| SHAZSharonAI Holdings, Inc. Class A | 0.65% | 289,456 | $25M | trimmed−71% | +0.12 pp | 2 q |
| TXTernium S.A. | 0.65% | 572,324 | $24M | trimmed−2% | +0.11 pp | 17 q |
| QMCOQuantum Corporation | 0.59% | 2,011,678 | $22M | new | +0.59 pp | new |
| SMPLThe Simply Good Foods Company | 0.42% | 1,203,889 | $16M | added+7% | +0.04 pp | 2 q |
| SGRYSurgery Partners, Inc. | 0.38% | 862,588 | $14M | new | +0.38 pp | new |
| MINEMayfair Gold Corp. | 0.29% | 4,500,000 | $11M | held | — | 2 q |
| BMMBlue Moon Metals Inc. | 0.28% | 1,685,000 | $11M | held | — | 2 q |
| SMRTSmartRent, Inc. | 0.24% | 7,505,294 | $9M | held | — | 18 q |
| MXMagnachip Semiconductor Corp. | 0.19% | 1,500,000 | $7M | trimmed−47% | 0.00 pp | 38 q |
| LILALiberty Latin America Ltd. Class A | 0.17% | 839,020 | $7M | trimmed−9% | 0.00 pp | 4 q |
| BATLBattalion Oil Corporation | 0.10% | 3,009,912 | $4M | held | — | 26 q |
| DPCDPC Holdings PLC | 0.10% | 75,000 | $4M | new | +0.10 pp | new |
| SVCService Properties Trust | 0.09% | 1,988,382 | $3M | new | +0.09 pp | new |
| BTAIQBioxcel Therapeutics Inc | 0.05% | 1,380,248 | $2M | added×5.7 | +0.04 pp | 5 q |
| NNBRNN Inc | 0.05% | 510,943 | $2M | new | +0.05 pp | new |
| TEOTelecom Argentina S.A. | 0.04% | 116,105 | $2M | trimmed−93% | −0.40 pp | 33 q |
| CXCemex S.A.B. de C.V. | 0.03% | 100,000 | $1M | trimmed−96% | −0.70 pp | 33 q |
| ALVOWAlvotech | 0.03% | 4,666,667 | $1M | held | — | 17 q |
| STKLSunOpta, Inc. | 0.01% | 74,314 | $406,498 | trimmed−100% | −3.11 pp | 38 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 | $395,999 | held | — | 3 q |
| ALVOAlvotech | 0.01% | 97,982 | $361,553 | trimmed−59% | 0.00 pp | 17 q |
| OPIOffice Properties Income Trust of beneficial interest | 0.00% | 10,851 | $184,467 | new | 0.00 pp | new |
| PBRPetroleo Brasileiro S.a.-petrobras | — | −6,089,413 | — | exited | −2.93 pp | — |
| NOKNokia Corporation | — | −11,200,308 | — | exited | −2.09 pp | — |
| CBLCBL & Associates Properties, Inc. | — | −2,153,717 | — | exited | −1.92 pp | — |
| CRDOCredo Technology Group Holding Ltd | — | −539,000 | — | exited | −1.17 pp | — |
| ECVTEcovyst Inc. | — | −2,393,791 | — | exited | −0.71 pp | — |
| OPTUOptimum Communications, Inc. | — | −7,330,490 | — | exited | −0.22 pp | — |
| NRGNRG Energy, Inc. | — | −49,028 | — | exited | −0.17 pp | — |
| ILLUUIllumination Acquisition Corp I | — | −750,000 | — | exited | −0.17 pp | — |
| BKLNInvesco Senior Loan ETF | — | −200,020 | — | exited | −0.09 pp | — |
| HDBHDFC Bank Limited | — | −114,261 | — | exited | −0.07 pp | — |
| PDDPDD Holdings Inc. | — | −4,823 | — | exited | −0.01 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| SPY PUT | 53.39% | 1,355,000 | $1.0B |
| QQQ PUT | 34.39% | 885,000 | $652M |
| CORZ CALL | 6.75% | 5,000,000 | $128M |
| LYB PUT | 2.50% | 900,000 | $47M |
| VC PUT | 2.09% | 400,000 | $40M |
| BTDR CALL | 0.63% | 750,000 | $12M |
| MX CALL | 0.25% | 1,000,000 | $5M |
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| Pebblebrook Hotel Trust | 4.12% | 63,534,000 | $63M |
| Biomarin Pharmaceutical | 4.07% | 64,025,000 | $62M |
| Sea Ltd | 4.05% | 62,567,000 | $62M |
| Etsy Inc | 3.99% | 66,836,000 | $61M |
| Enphase Energy Inc | 3.76% | 61,820,000 | $58M |
| Dexcom Inc | 3.73% | 61,148,000 | $57M |
| Echostar Corp | 3.67% | 18,000,001 | $56M |
| Marriott Vacation Worldw | 3.65% | 56,893,000 | $56M |
| Draftkings Holdings Inc | 3.56% | 58,501,000 | $54M |
| Conmed Corp | 3.42% | 53,645,000 | $52M |
| Riot Platforms Inc | 3.41% | 26,000,000 | $52M |
| Teladoc Health Inc | 3.41% | 53,624,000 | $52M |
| Bentley Systems | 3.40% | 54,264,000 | $52M |
| Unity Software Inc | 3.17% | 49,426,000 | $49M |
| FIVE9 Inc | 3.10% | 53,306,000 | $47M |
| SHIFT4 Payments Inc | 3.02% | 48,444,000 | $46M |
| Enovis Corp | 2.47% | 39,207,000 | $38M |
| Amphastar Pharmaceutical | 2.43% | 40,880,000 | $37M |
| Affirm Holdings Inc | 2.24% | 34,815,000 | $34M |
| Array Technologies Inc | 2.06% | 33,985,000 | $32M |
| Snap Inc | 1.74% | 28,018,000 | $27M |
| Spectrum Brands Inc | 1.60% | 23,452,000 | $25M |
| Winnebago Industries | 1.22% | 20,074,000 | $19M |
| Block Inc | 1.11% | 17,983,000 | $17M |
| Snap Inc | 1.05% | 17,474,000 | $16M |
| Cogent Biosciences Inc | 0.96% | 11,890,000 | $15M |
| Blackstone Mortgage Tr | 0.92% | 14,064,000 | $14M |
| Upwork Inc | 0.92% | 14,154,000 | $14M |
| Workiva Inc | 0.92% | 14,970,000 | $14M |
| Etsy Inc | 0.91% | 11,974,000 | $14M |
| Redfin Corp | 0.88% | 14,041,000 | $14M |
| Starwood Property Trust | 0.79% | 11,894,933 | $12M |
| Snowflake Inc | 0.78% | 7,147,000 | $12M |
| Aerovironment Inc | 0.74% | 11,799,000 | $11M |
| Nabors Industries Inc | 0.74% | 11,880,000 | $11M |
| Itron Inc | 0.73% | 11,216,000 | $11M |
| Ziff Davis Inc | 0.73% | 11,230,000 | $11M |
| Arrowhead Research Corp | 0.71% | 9,146,000 | $11M |
| Cloudflare Inc | 0.67% | 8,050,000 | $10M |
| Envista Holdings Corp | 0.67% | 10,206,000 | $10M |
| RAPID7 Inc | 0.63% | 10,061,000 | $10M |
| Alphatec Holdings Inc | 0.60% | 9,177,000 | $9M |
| Freshpet Inc | 0.60% | 7,913,000 | $9M |
| Upstart Holdings Inc | 0.54% | 8,312,000 | $8M |
| Sitime | 0.53% | 7,300,000 | $8M |
| Doordash Inc | 0.52% | 8,089,000 | $8M |
| Jd.com Inc | 0.52% | 8,065,000 | $8M |
| Redwood Trust Inc | 0.52% | 7,881,000 | $8M |
| Alarm.com Hldgs Inc | 0.51% | 8,171,000 | $8M |
| Celcuity Inc | 0.47% | 6,250,000 | $7M |
| Cerence Inc | 0.47% | 7,887,000 | $7M |
| Pennymac Corp | 0.47% | 7,101,000 | $7M |
| Workiva Inc | 0.46% | 7,100,000 | $7M |
| Cracker Barrel Old Count | 0.45% | 6,708,000 | $7M |
| Etsy Inc | 0.45% | 7,233,000 | $7M |
| Pagerduty Inc. | 0.44% | 7,125,000 | $7M |
| Lci Industries | 0.41% | 5,650,000 | $6M |
| Sarepta Therapeutics Inc | 0.41% | 6,709,000 | $6M |
| Uber Technologies Inc | 0.41% | 5,400,000 | $6M |
| Bill Holdings Inc | 0.40% | 6,330,000 | $6M |
| Green Plains Inc | 0.32% | 4,998,000 | $5M |
| Firstenergy Corp | 0.31% | 4,280,000 | $5M |
| Gladstone Capital Corp | 0.31% | 4,999,000 | $5M |
| Strategy Inc | 0.31% | 5,451,000 | $5M |
| Rubrik Inc | 0.30% | 4,504,000 | $5M |
| Northern Oil & Gas Inc | 0.29% | 4,614,000 | $4M |
| Rivian Auto Inc | 0.24% | 3,400,000 | $4M |
| Ziff Davis Inc | 0.23% | 3,496,000 | $3M |
| Transmedics Group Inc | 0.22% | 3,131,000 | $3M |
| Wec Energy Group Inc | 0.22% | 3,214,000 | $3M |
| Akamai Technologies Inc | 0.20% | 2,631,000 | $3M |
| Ncl Corporation Ltd | 0.19% | 2,874,000 | $3M |
| Mgp Ingredients Inc | 0.16% | 2,515,000 | $2M |
| Nutanix Inc | 0.16% | 2,200,000 | $2M |
| Uber Technologies Inc | 0.16% | 2,000,000 | $2M |
| Haemonetics Corp | 0.14% | 2,090,000 | $2M |
| Live Nation Entertainmen | 0.14% | 1,813,000 | $2M |
| Datadog Inc | 0.13% | 1,400,000 | $2M |
| Fluor Corp | 0.11% | 1,271,000 | $2M |
| Groupon Inc | 0.11% | 1,677,000 | $2M |
| On Semiconductor Corp | 0.10% | 1,250,000 | $2M |
| Revolution Medicines Inc | 0.09% | 1,150,000 | $1M |
| Alibaba Group Holding | 0.06% | 750,000 | $885,750 |
| Neogenomics Inc | 0.06% | 1,045,000 | $979,683 |
| Snap Inc | 0.06% | 877,000 | $873,185 |
| Immunocore Holdings | 0.05% | 833,000 | $766,360 |
| Shake Shack Inc | 0.02% | 270,000 | $252,112 |