What Howard Marks bought and sold in Q4 2024
In Q4 2024, Howard Marks (Oaktree Capital Management) opened 23 new positions — including SNREN (1.2%), NOVA 2.625 02/15/28 (0.3%), PCG 4.25 12/01/27 (0.3%), added to 24, trimmed 32, exited 28 (ITUB, BBD, JOYY). The book stood at $5.26B across 160 positions, filed Feb 12, 2025.
23New24Added32Trimmed28Exited
New positions (23)
- SNRENSunrise Communicat-cl A1.2% · $62M
- NOVA 2.625 02/15/28Sunnova Energy Intl Inc0.3% · $18M
- PCG 4.25 12/01/27Pg&e Corp0.3% · $17M
- ABXBarrick Gold Corp0.3% · $16M
- UBER 0.875 12/01/28 2028Uber Technologies Inc0.2% · $12M
- FOUR 0.5 08/01/27Shift4 Payments Inc0.2% · $11M
- WK 1.25 08/15/28Workiva Inc0.2% · $8M
- EXEELChesapeake Energy Corp -cw260.2% · $8M
- W 0.625 10/01/25Wayfair Inc0.1% · $7M
- NVST 1.75 08/15/28Envista Holdings Corp0.1% · $6M
- CPNGCoupang Inc0.1% · $5M
- SPOT 0 03/15/26Spotify Usa Inc0.1% · $4M
- MESOMesoblast Ltd- Spon Adr0.1% · $4M
- VAC 3.25 12/15/27Marriott Vacation Worldw0.1% · $3M
- GPRE 2.25 03/15/27Green Plains Inc0.1% · $3M
- RGEN 1 12/15/28Repligen Corp<0.1% · $2M
- ENPH 0 03/01/26Enphase Energy Inc<0.1% · $2M
- NEO 1.25 05/01/25Neogenomics Inc<0.1% · $2M
- TMDX 1.5 06/01/28Transmedics Group Inc<0.1% · $1M
- XYZ 0.25 11/01/27Block Inc<0.1% · $1M
- TVTX 2.5 09/15/25Travere Therapeutics Inc<0.1% · $1M
- HCAT 2.5 04/15/25Health Catalyst Inc<0.1% · $570K
- RIVN 4.625 03/15/29Rivian Auto Inc<0.1% · $522K
Added to (24)
- NOVA 0.25 12/01/26Sunnova Energy Intl Inc+26% shares · 0.8% · $44M
- PEB 1.75 12/15/26Pebblebrook Hotel Trust+88% shares · 0.7% · $38M
- JBLU 0.5 04/01/26Jetblue Airways Corp+133% shares · 0.7% · $37M
- NTESNetease Inc-adr+72% shares · 0.7% · $36M
- GH 0 11/15/27Guardant Health Inc+79% shares · 0.6% · $32M
- ETSY 0.25 06/15/28Etsy Inc+118% shares · 0.3% · $14M
- AKAM 0.375 09/01/27Akamai Technologies Inc+22% shares · 0.2% · $12M
- NCLH 1.125 02/15/27Ncl Corporation Ltd+53% shares · 0.2% · $11M
- SRPT 1.25 09/15/27Sarepta Therapeutics Inc+35% shares · 0.2% · $10M
- CMS 3.375 05/01/28Cms Energy Corp+53% shares · 0.2% · $10M
- PPL 2.875 03/15/28Ppl Capital Funding Inc+89% shares · 0.2% · $9M
- UPST 0.25 08/15/26Upstart Holdings Inc+64% shares · 0.2% · $9M
- CYTK 3.5 07/01/27Cytokinetics Inc+311% shares · 0.2% · $8M
- CNMD 2.25 06/15/27Conmed Corp+1063% shares · 0.1% · $7M
- IART 0.5 08/15/25Integra Lifesciences Hld+147% shares · 0.1% · $7M
- HDBHdfc Bank Ltd-adr+66% shares · 0.1% · $6M
- MTN 0 01/01/26Vail Resorts Inc+270% shares · 0.1% · $5M
- SSRMCN 2.5 04/01/39Ssr Mining Inc+59% shares · 0.1% · $5M
- EB 0.75 09/15/26Eventbrite Inc+69% shares · 0.1% · $5M
- BBIO 2.25 02/01/29Bridgebio Pharma Inc+59% shares · 0.1% · $3M
- W 3.25 09/15/27Wayfair Inc+92% shares · 0.1% · $3M
- ARRY 1 12/01/28Array Technologies Inc+24% shares · 0.1% · $3M
- REAL 1 03/01/28The Realreal Inc+92% shares · <0.1% · $2M
- U 0 11/15/26Unity Software Inc+27% shares · <0.1% · $2M
Trimmed (32)
- CBLCbl & Associates Properties-25% shares · 1.7% · $88M
- TLNTalen Energy Corp-43% shares · 1.5% · $80M
- FCXFreeport-mcmoran Inc-27% shares · 1.3% · $67M
- PAMPampa Energia Sa-spon Adr-36% shares · 0.2% · $12M
- TVTX 2.25 03/01/29Travere Therapeutics Inc-62% shares · 0.2% · $11M
- FWONK 2.25 08/15/27Liberty Media Corp-31% shares · 0.2% · $9M
- ZTO 1.5 09/01/27Zto Express KY Inc-25% shares · 0.2% · $9M
- AGCN 0.375 01/15/27First Majestic Silver-44% shares · 0.1% · $8M
- FLR 1.125 08/15/29Fluor Corp-34% shares · 0.1% · $6M
- MLAB 1.375 08/15/25Mesa Laboratories Inc-23% shares · 0.1% · $5M
- GMED 0.375 03/15/25Nuvasive Inc-28% shares · 0.1% · $5M
- RWT 5.75 10/01/25Rwt Holdings Inc-40% shares · 0.1% · $5M
- PCRX 0.75 08/01/25Pacira Biosciences Inc-29% shares · 0.1% · $4M
- BAND 0.5 04/01/28Bandwidth Inc-26% shares · 0.1% · $4M
- NMFC 7.5 10/15/25New Mountain Finance Cor-40% shares · 0.1% · $4M
- PEGA 0.75 03/01/25Pegasystems Inc-48% shares · 0.1% · $4M
- CHGG 0.125 03/15/25Chegg Inc-39% shares · 0.1% · $3M
- UPWK 0.25 08/15/26Upwork Inc-28% shares · 0.1% · $3M
- MARA 1 12/01/26Mara Holdings Inc-45% shares · 0.1% · $3M
- TWO 6.25 01/15/26Two Harbors Inv Corp-44% shares · 0.1% · $3M
- CDLX 1 09/15/25Cardlytics Inc-25% shares · <0.1% · $2M
- LITE 0.5 06/15/28Lumentum Holdings Inc-51% shares · <0.1% · $2M
- RDFN 0.5 04/01/27Redfin Corp-21% shares · <0.1% · $2M
- EGHT 4 02/01/288x8 Inc-49% shares · <0.1% · $2M
- ALNY 1 09/15/27Alnylam Pharmaceuticals-25% shares · <0.1% · $1M
- ON 0.5 03/01/29ON Semiconductor Corp-78% shares · <0.1% · $1M
- CBRL 0.625 06/15/26Cracker Barrel Old Count-44% shares · <0.1% · $1M
- INN 1.5 02/15/26Summit Hotel Properties-49% shares · <0.1% · $1M
- TREE 0.5 07/15/25Lendingtree Inc-66% shares · <0.1% · $1M
- FIVN 0.5 06/01/25Five9 Inc-75% shares · <0.1% · $704K
- NIO 3.875 10/15/29Nio Inc-23% shares · <0.1% · $688K
- ABR 7.5 08/01/25Arbor Realty Trust Inc-75% shares · <0.1% · $444K
Exited (28)
- ITUBItau Unibanco H-spon Prf Adrwas 1.0% of book
- BBDBanco Bradesco-adrwas 0.6% of book
- JOYYJoyy Inc-adrwas 0.5% of book
- BABAAlibaba Group Holding-sp Adrwas 0.4% of book
- HIMSHims & Hers Health Incwas 0.2% of book
- YPFYpf S.a.-sponsored Adrwas 0.2% of book
- NTNX 0.25 10/01/27Nutanix Incwas 0.1% of book
- LYV 3.125 01/15/29Live Nation Entertainmenwas 0.1% of book
- ATSG 3.875 08/15/29Air Transport Services Gwas 0.1% of book
- HALO 1 08/15/28Halozyme Therapeutics INwas 0.1% of book
- F 0 03/15/26Ford Motor Companywas 0.1% of book
- FOUR 0 12/15/25Shift4 Payments Incwas 0.1% of book
- INVA 2.125 03/15/28Innoviva Incwas 0.1% of book
- PRFT 0.125 11/15/26Perficient Incwas <0.1% of book
- ZS 0.125 07/01/25Zscaler Inc.was <0.1% of book
- STX 3.5 06/01/28Seagate Hdd Caymanwas <0.1% of book
- AY 4 07/15/25Atlantica Jersey Ltdwas <0.1% of book
- TTGT 0 12/15/26Techtarget Inc/oldwas <0.1% of book
- MIDD 1 09/01/25Middleby Corpwas <0.1% of book
- NOG 3.625 04/15/29Northern Oil & Gas Incwas <0.1% of book
- ETSY 0.125 10/01/26Etsy Incwas <0.1% of book
- BILI 0.5 12/01/26Bilibili Incwas <0.1% of book
- XMTR 1 02/01/27Xometry Incwas <0.1% of book
- MNKD 2.5 03/01/26Mannkind Corpwas <0.1% of book
- BBIO 2.5 03/15/27Bridgebio Pharma Incwas <0.1% of book
- XYZ 0.125 03/01/25Block Incwas <0.1% of book
- SEDG 0 09/15/25Solar Edge Technologieswas <0.1% of book
- PMT 5.5 11/01/24Pennymac Corpwas <0.1% of book
Howard Marks's other filings
Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.