What stocks does Howard Marks own?

As of 2026Q1, Howard Marks's 13F discloses 143 positions worth $5.91B. The top five holdings: TRMD (11.4%), EXE (9.7%), AU (5.3%), GTX (4.5%), INDV (3.6%). 13F filings cover long US-listed equities only — cash, bonds, shorts, and non-US positions are not disclosed.

What did Howard Marks buy this quarter?

In 2026Q1, the filing shows 33 new positions and 25 additions to existing holdings. The largest positions touched by buying: INDV, PBR, PEB 1.75 12/15/26, AWK 3.625 06/15/26, ETSY 0.25 06/15/28.

How big is Howard Marks's portfolio?

$5.91B across 143 positions per the latest 13F (filed May 20, 2026). The top five holdings account for 35% of the disclosed book.

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Howard Marks

Oaktree Capital Management

2026Q1 · filed May 20, 2026143 positions · $5.91Btop-5 35%

Clone vs SPY-9.3%/yr· 12.0y · methodology →

Howard Marks (Oaktree Capital Management) discloses a $5.91B portfolio across 143 US-listed positions in the latest 13F filing (2026Q1, filed May 20, 2026). The largest holding is TRMD at 11.4% of the book. Latticework's clone backtest puts this 13F book at -9.3%/yr vs SPY over 12.0 years.

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About Howard Marks

Howard Marks co-founded Oaktree Capital Management in 1995 after building distressed-debt practices at TCW and Citibank, and has since become one of the more closely read voices in credit markets — his memos to clients, collected partly in The Most Important Thing (2011), are standard reading for analysts trying to think about risk and market cycles. Oaktree's core competence is credit and distressed debt, which means the 13F — a long-equity snapshot — captures only a slice of what the firm actually does; the bulk of AUM sits in private credit, high-yield, and distressed strategies that generate no public filing. The equity positions that do appear, currently led by TRMD, EXE, and AU, often reflect post-reorganization equities, yield-oriented shipping or resource names, or residual stakes from credit workouts rather than conventional equity selection. Readers treating this 13F as a window into Marks's broader market views will find it an incomplete and potentially misleading proxy.

2026Q1 brief

Howard Marks' Oaktree Capital Management ($5.91B, 143 positions) remains the most structurally distinctive book in this cohort, dominated by distressed debt, convertible bonds, and special situations rather than plain equity. The top holding TRMD (Torm tankers, 11.4%) and second-largest EXE (9.7%) sit above a long tail of convertible bond positions, and the 2026Q1 activity continues that theme: the largest adds were convertibles across AWK (+1,532% — a near-new-build, water utility convert), PEB, ETSY, BMRN, ENPH, and VAC, all maturing in 2026–2028, suggesting Oaktree is systematically harvesting near-term convert maturities as a yield-with-upside strategy. The new equity position in INDV (Indivior, 3.6%) partially offsets the full exit of the Indivior predecessor holding, a restructuring/re-entry dynamic typical of Oaktree's credit-to-equity playbook. The trim of VNOM (–40%, still 3.0%) and exits of NU and GRAB signal reduced appetite for EM fintech growth. Watch whether the COIN convertible (0.5% coupon, June 2026 maturity) is rolled or converted — its resolution will hint at Oaktree's current crypto-credit risk appetite.

AI-generated. Not investment advice.

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American Academy of Arts and Sciences · Jul 2
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TradeWinds News · Jun 24

Headlines via Google News. Links open in a new tab.

Holdings (143) · click any column to sort

#↑	Ticker	Issuer	% Port.	This Q	History	Value
1	TRMD	Torm Plc	11.4%		31q held	$675M
2	EXE	Expand Energy Corp	9.7%		21q held	$575M
3	AU	Anglogold Ashanti Plc	5.3%		11q held	$314M
4	GTX	Garrett Motion Inc	4.5%		21q held	$265M
5	INDV	Indivior Pharmaceuticals Inc	3.6%	New	— 1q held	$213M
6	TDS	Telephone And Data Systems	3.1%		3q held	$181M
7	VNOM	Viper Energy Inc-cl A	3.0%	-40%	3q held	$178M
8	CORZ	Core Scientific Inc	2.4%		3q held	$140M
9	STKL	Sunopta Inc	2.3%		37q held	$134M
10	PBR	Petroleo Brasileiro-spon Adr	2.1%	New	28q held	$126M
11	B	Barrick Mining Corp	1.8%		4q held	$107M
12	TLN	Talen Energy Corp	1.8%		7q held	$106M
13	G61188101	Liberty Global Ltd	1.7%		9q held	$103M
14	ITUB	Itau Unibanco H-spon Prf Adr	1.7%		39q held	$102M
15	JBLU 0.5 04/01/26	Jetblue Airways Corp	1.6%		16q held	$95M
16	RIOT 0.75 01/15/30	Riot Platforms Inc	1.6%		2q held	$92M
17	NOK	Nokia Corp-spon Adr	1.5%	-40%	5q held	$90M
18	TAC	Transalta Corp	1.4%		5q held	$84M
19	CBL	Cbl & Associates Properties	1.4%		18q held	$83M
20	FCX	Freeport-mcmoran Inc	1.2%		19q held	$72M
21	SATS 3.875 11/30/30	Echostar Corp	1.1%		4q held	$64M
22	G98239109	XP Inc	1.0%		9q held	$60M
23	PEB 1.75 12/15/26	Pebblebrook Hotel Trust	1.0%	+45%	20q held	$56M
24	AWK 3.625 06/15/26	American Water Capital C	0.9%	+1532%	2q held	$56M
25	AERO	Grupo Aeromexico Sab DE CV	0.9%		2q held	$56M
26	ETSY 0.25 06/15/28	Etsy Inc	0.9%	+22%	16q held	$55M
27	BMRN 1.25 05/15/27	Biomarin Pharmaceutical	0.9%	+33%	4q held	$54M
28	BLCO	Bausch + Lomb Corp	0.9%		4q held	$54M
29	COIN 0.5 06/01/26	Coinbase Global Inc	0.9%	New	7q held	$52M
30	KRC	Kilroy Realty Corp	0.9%		21q held	$52M
31	G9001E128	Liberty Latin America Ltd	0.9%		4q held	$51M
32	ENPH 0 03/01/28	Enphase Energy Inc	0.9%	+48%	12q held	$51M
33	G25457105	Credo Technology Group Holding Ltd	0.9%	New	— 1q held	$51M
34	VAC 3.25 12/15/27	Marriott Vacation Worldw	0.8%	+29%	9q held	$50M
35	RWAY	Runway Growth Finance Corp	0.8%		18q held	$48M
36	SEALTD 0.25 09/15/26	Sea Ltd	0.8%	+23%	19q held	$47M
37	OKTA 0.375 06/15/26	Okta Inc	0.8%	+66%	14q held	$47M
38	BSY 0.375 07/01/27	Bentley Systems	0.8%	+598%	12q held	$45M
39	YPF	Ypf S.a.-sponsored Adr	0.7%	New	9q held	$41M
40	QTWO 0.75 06/01/26	Q2 Holdings Inc	0.7%	New	4q held	$41M
41	DKNG 0 03/15/28	Draftkings Holdings Inc	0.7%	+76%	4q held	$40M
42	XYZ 0 05/01/26	Block Inc	0.6%	+87%	16q held	$38M
43	DXCM 0.375 05/15/28	Dexcom Inc	0.6%	+44%	5q held	$37M
44	PRGS 1 04/15/26	Progress Software Corp	0.6%	New	6q held	$36M
45	CNMD 2.25 06/15/27	Conmed Corp	0.6%		10q held	$35M
46	U 0 11/15/26	Unity Software Inc	0.6%	+296%	14q held	$35M
47	AMPH 2 03/15/29	Amphastar Pharmaceutical	0.6%		3q held	$34M
48	AD	Array Digital Infrastructure	0.6%		3q held	$33M
49	TDOC 1.25 06/01/27	Teladoc Health Inc	0.5%		13q held	$32M
50	CX	Cemex Sab-spons Adr Part Cer	0.5%	-52%	39q held	$32M
51	ECVT	Ecovyst Inc	0.5%	-44%	3q held	$31M
52	ARRY 1 12/01/28	Array Technologies Inc	0.5%		10q held	$28M
53	EMBJ	Embraer Sa-spon Adr	0.4%	New	— 1q held	$27M
54	SPB 3.375 06/01/29	Spectrum Brands Inc	0.4%		3q held	$26M
55	FOUR 0.5 08/01/27	Shift4 Payments Inc	0.4%	New	13q held	$26M
56	CBRL 0.625 06/15/26	Cracker Barrel Old Count	0.4%	-21%	10q held	$26M
57	G7553X106	Rice Acquisition Corp 3	0.4%		2q held	$25M
58	TX	Ternium Sa-sponsored Adr	0.4%		16q held	$23M
59	SHAZ	Sharonai Holdings Inc	0.4%	New	— 1q held	$23M
60	OCSL	Oaktree Specialty Lending CO	0.4%		13q held	$21M
61	FIVN 1 03/15/29	Five9 Inc	0.3%	-28%	3q held	$19M
62	TEO	Telecom Argentina Sa-sp Adr	0.3%	-31%	33q held	$19M
63	SNAP 0 05/01/27	Snap Inc	0.3%		7q held	$19M
64	SMPL	Simply Good Foods Co/the	0.3%	New	— 1q held	$16M
65	NVST 1.75 08/15/28	Envista Holdings Corp	0.3%	-48%	6q held	$16M
66	NBR 1.75 06/15/29	Nabors Industries Inc	0.2%	-33%	4q held	$15M
67	SYNA 0.75 12/01/31	Synaptics Inc	0.2%		2q held	$14M
68	MINE	Mayfair Gold Corp	0.2%	New	— 1q held	$14M
69	BXMT 5.5 03/15/27	Blackstone Mortgage TR	0.2%		11q held	$13M
70	COGT 1.625 11/15/31	Cogent Biosciences Inc	0.2%	+34%	2q held	$13M
71	UPWK 0.25 08/15/26	Upwork Inc	0.2%	+78%	9q held	$12M
72	BATL	Battalion Oil Corp	0.2%		25q held	$12M
73	ARWR 0 01/15/32	Arrowhead Research Corp	0.2%	New	— 1q held	$11M
74	SMRT	Smartrent Inc	0.2%		17q held	$11M
75	AFRM 0 11/15/26	Affirm Holdings Inc	0.2%	+121%	13q held	$11M
76	JD 0.25 06/01/29	Jd.com Inc	0.2%	-43%	4q held	$11M
77	BMM	Blue Moon Metals Inc	0.2%	New	— 1q held	$11M
78	ITRI 1.375 07/15/30	Itron Inc	0.2%		2q held	$10M
79	XYZ 0.25 11/01/27	Block Inc	0.2%	+85%	6q held	$10M
80	AVAV 0 07/15/30	Aerovironment Inc	0.2%	-35%	3q held	$10M
81	MSTR 0 12/01/29	Strategy Inc	0.2%	+110%	2q held	$10M
82	ZD 1.75 11/01/26	Ziff Davis Inc	0.2%		7q held	$10M
83	PENN 2.75 05/15/26	Penn Entertainment Inc	0.2%	+93%	2q held	$10M
84	OPTU	Optimum Communications Inc-a	0.2%		8q held	$10M
85	CALY 2.75 05/01/26	Callaway Golf CO	0.2%		4q held	$9M
86	LCII 1.125 05/15/26	Lci Industries	0.2%		4q held	$9M
87	RDFN 0.5 04/01/27	Redfin Corp	0.1%	-22%	12q held	$9M
88	RGEN 1 12/15/28	Repligen Corp	0.1%		6q held	$9M
89	WGO 3.25 01/15/30	Winnebago Industries	0.1%	-54%	3q held	$9M
90	RWT 7.75 06/15/27	Redwood Trust Inc	0.1%		7q held	$8M
91	MX	Magnachip Semiconductor Corp	0.1%		37q held	$8M
92	TCOM 0.75 06/15/29	Trip.com Group Ltd	0.1%	+538%	4q held	$8M
93	NTNX 0.25 10/01/27	Nutanix Inc	0.1%	+280%	10q held	$8M
94	DDOG 0 12/01/29	Datadog Inc	0.1%		2q held	$7M
95	G470AU126	Illumination Acquisition Corp I	0.1%	New	— 1q held	$7M
96	G9001E102	Liberty Latin America Ltd	0.1%		3q held	$7M
97	NRG	Nrg Energy Inc	0.1%	New	— 1q held	$7M
98	04546C106	Indivior Pharmaceuticals Inc	0.1%	New	— 1q held	$7M
99	AKAM 1.125 02/15/29	Akamai Technologies Inc	0.1%	New	— 1q held	$6M
100	MGPI 1.875 11/15/41	Mgp Ingredients Inc	0.1%	-73%	4q held	$6M
101	SNAP 0.125 03/01/28	Snap Inc	0.1%	-55%	13q held	$5M
102	PD 1.5 10/15/28 *	Pagerduty Inc.	0.1%	New	— 1q held	$5M
103	CRNC 1.5 07/01/28	Cerence Inc	0.1%		5q held	$5M
104	NEO 0.25 01/15/28	Neogenomics Inc	0.1%	-21%	17q held	$5M
105	GPRE 2.25 03/15/27	Green Plains Inc	0.1%	-35%	7q held	$5M
106	UPST 0.25 08/15/26	Upstart Holdings Inc	0.1%	-32%	14q held	$5M
107	PMT 8.5 06/01/29	Pennymac Corp	0.1%	New	— 1q held	$4M
108	PCG 4.25 12/01/27	Pg&e Corp	0.1%	New	4q held	$4M
109	BKLN	Invesco Senior Loan Etf	0.1%	New	— 1q held	$4M
110	SO 4.5 06/15/27	Southern CO	0.1%	-26%	4q held	$4M
111	BAND 0.5 04/01/28	Bandwidth Inc	0.1%	-69%	13q held	$4M
112	SNAP 0.75 08/01/26	Snap Inc	0.1%		8q held	$4M
113	ZD 3.625 03/01/28	Ziff Davis Inc	0.1%		3q held	$3M
114	BILL 0 04/01/27	Bill Holdings Inc	0.1%		4q held	$3M
115	JBTM 0.25 05/15/26	Jbt Marel Corp	<0.1%	New	— 1q held	$3M
116	DOCN 0 12/01/26	Digitalocean Holdings	<0.1%	+59%	12q held	$3M
117	HDB	Hdfc Bank Ltd-adr	<0.1%		9q held	$3M
118	UBER 0.875 12/01/28 2028	Uber Technologies Inc	<0.1%	New	5q held	$2M
119	NOG 3.625 04/15/29	Northern Oil & Gas Inc	<0.1%	New	5q held	$2M
120	COIN 0.25 04/01/30	Coinbase Global Inc	<0.1%	-78%	5q held	$2M
121	CAKE 0.375 06/15/26	Cheesecake Factory (the)	<0.1%		7q held	$2M
122	MSTR 0.875 03/15/31	Strategy Inc	<0.1%	+69%	2q held	$2M
123	POST 2.5 08/15/27	Post Holdings Inc	<0.1%	-26%	9q held	$2M
124	JAZZ 3.125 09/15/30	Jazz Investments I Ltd	<0.1%	-86%	3q held	$2M
125	PSN 2.625 03/01/29	Parsons Corp	<0.1%	+78%	5q held	$2M
126	LYV 2.875 01/15/30	Live Nation Entertainmen	<0.1%	-81%	2q held	$2M
127	SNOW 0 10/01/27	Snowflake Inc	<0.1%	New	— 1q held	$2M
128	MTH 1.75 05/15/28	Meritage Homes Corp	<0.1%	New	3q held	$2M
129	NEE 3 03/01/27	Nextera Energy Capital	<0.1%		5q held	$2M
130	GLAD 5.875 10/01/30	Gladstone Capital Corp	<0.1%	+152%	2q held	$2M
131	FLR 1.125 08/15/29	Fluor Corp	<0.1%	-85%	7q held	$2M
132	RPD 0.25 03/15/27	Rapid7 Inc	<0.1%	New	3q held	$2M
133	IRTC 1.5 09/01/29	Irhythm Holdings Inc	<0.1%	New	4q held	$1M
134	CELC 2.75 08/01/31	Celcuity Inc	<0.1%		2q held	$1M
135	RIVN 3.625 10/15/30	Rivian Auto Inc	<0.1%	New	— 1q held	$1M
136	L01800116	Alvotech SA	<0.1%		16q held	$1M
137	ALRM 2.25 06/01/29	Alarm.com Hldgs Inc	<0.1%	New	— 1q held	$931K
138	HAE 2.5 06/01/29	Haemonetics Corp	<0.1%		3q held	$801K
139	IMCR 2.5 02/01/30	Immunocore Holdings	<0.1%	New	— 1q held	$751K
140	PDD	Pdd Holdings Inc	<0.1%	New	3q held	$493K
141	L01800108	Alvotech SA	<0.1%	-55%	16q held	$339K
142	BTAI	Bioxcel Therapeutics Inc	<0.1%		4q held	$323K
143	G7553X114	Rice Acquisition Corp 3	<0.1%		2q held	$320K

Sort↑

1TRMD
port11.4%
val$675M
Torm Plc
this Q hold·31q
2EXE
port9.7%
val$575M
Expand Energy Corp
this Q hold·21q
3AU
port5.3%
val$314M
Anglogold Ashanti Plc
this Q hold·11q
4GTX
port4.5%
val$265M
Garrett Motion Inc
this Q hold·21q
5INDV
port3.6%
val$213M
Indivior Pharmaceuticals Inc
this Q New·—1q
6TDS
port3.1%
val$181M
Telephone And Data Systems
this Q hold·3q
7VNOM
port3.0%
val$178M
Viper Energy Inc-cl A
this Q -40%·3q
8CORZ
port2.4%
val$140M
Core Scientific Inc
this Q hold·3q
9STKL
port2.3%
val$134M
Sunopta Inc
this Q hold·37q
10PBR
port2.1%
val$126M
Petroleo Brasileiro-spon Adr
this Q New·28q
11B
port1.8%
val$107M
Barrick Mining Corp
this Q hold·4q
12TLN
port1.8%
val$106M
Talen Energy Corp
this Q hold·7q
13G61188101
port1.7%
val$103M
Liberty Global Ltd
this Q hold·9q
14ITUB
port1.7%
val$102M
Itau Unibanco H-spon Prf Adr
this Q hold·39q
15JBLU 0.5 04/01/26
port1.6%
val$95M
Jetblue Airways Corp
this Q hold·16q
16RIOT 0.75 01/15/30
port1.6%
val$92M
Riot Platforms Inc
this Q hold·2q
17NOK
port1.5%
val$90M
Nokia Corp-spon Adr
this Q -40%·5q
18TAC
port1.4%
val$84M
Transalta Corp
this Q hold·5q
19CBL
port1.4%
val$83M
Cbl & Associates Properties
this Q hold·18q
20FCX
port1.2%
val$72M
Freeport-mcmoran Inc
this Q hold·19q
21SATS 3.875 11/30/30
port1.1%
val$64M
Echostar Corp
this Q hold·4q
22G98239109
port1.0%
val$60M
XP Inc
this Q hold·9q
23PEB 1.75 12/15/26
port1.0%
val$56M
Pebblebrook Hotel Trust
this Q +45%·20q
24AWK 3.625 06/15/26
port0.9%
val$56M
American Water Capital C
this Q +1532%·2q
25AERO
port0.9%
val$56M
Grupo Aeromexico Sab DE CV
this Q hold·2q
26ETSY 0.25 06/15/28
port0.9%
val$55M
Etsy Inc
this Q +22%·16q
27BMRN 1.25 05/15/27
port0.9%
val$54M
Biomarin Pharmaceutical
this Q +33%·4q
28BLCO
port0.9%
val$54M
Bausch + Lomb Corp
this Q hold·4q
29COIN 0.5 06/01/26
port0.9%
val$52M
Coinbase Global Inc
this Q New·7q
30KRC
port0.9%
val$52M
Kilroy Realty Corp
this Q hold·21q
31G9001E128
port0.9%
val$51M
Liberty Latin America Ltd
this Q hold·4q
32ENPH 0 03/01/28
port0.9%
val$51M
Enphase Energy Inc
this Q +48%·12q
33G25457105
port0.9%
val$51M
Credo Technology Group Holding Ltd
this Q New·—1q
34VAC 3.25 12/15/27
port0.8%
val$50M
Marriott Vacation Worldw
this Q +29%·9q
35RWAY
port0.8%
val$48M
Runway Growth Finance Corp
this Q hold·18q
36SEALTD 0.25 09/15/26
port0.8%
val$47M
Sea Ltd
this Q +23%·19q
37OKTA 0.375 06/15/26
port0.8%
val$47M
Okta Inc
this Q +66%·14q
38BSY 0.375 07/01/27
port0.8%
val$45M
Bentley Systems
this Q +598%·12q
39YPF
port0.7%
val$41M
Ypf S.a.-sponsored Adr
this Q New·9q
40QTWO 0.75 06/01/26
port0.7%
val$41M
Q2 Holdings Inc
this Q New·4q
41DKNG 0 03/15/28
port0.7%
val$40M
Draftkings Holdings Inc
this Q +76%·4q
42XYZ 0 05/01/26
port0.6%
val$38M
Block Inc
this Q +87%·16q
43DXCM 0.375 05/15/28
port0.6%
val$37M
Dexcom Inc
this Q +44%·5q
44PRGS 1 04/15/26
port0.6%
val$36M
Progress Software Corp
this Q New·6q
45CNMD 2.25 06/15/27
port0.6%
val$35M
Conmed Corp
this Q hold·10q
46U 0 11/15/26
port0.6%
val$35M
Unity Software Inc
this Q +296%·14q
47AMPH 2 03/15/29
port0.6%
val$34M
Amphastar Pharmaceutical
this Q hold·3q
48AD
port0.6%
val$33M
Array Digital Infrastructure
this Q hold·3q
49TDOC 1.25 06/01/27
port0.5%
val$32M
Teladoc Health Inc
this Q hold·13q
50CX
port0.5%
val$32M
Cemex Sab-spons Adr Part Cer
this Q -52%·39q
51ECVT
port0.5%
val$31M
Ecovyst Inc
this Q -44%·3q
52ARRY 1 12/01/28
port0.5%
val$28M
Array Technologies Inc
this Q hold·10q
53EMBJ
port0.4%
val$27M
Embraer Sa-spon Adr
this Q New·—1q
54SPB 3.375 06/01/29
port0.4%
val$26M
Spectrum Brands Inc
this Q hold·3q
55FOUR 0.5 08/01/27
port0.4%
val$26M
Shift4 Payments Inc
this Q New·13q
56CBRL 0.625 06/15/26
port0.4%
val$26M
Cracker Barrel Old Count
this Q -21%·10q
57G7553X106
port0.4%
val$25M
Rice Acquisition Corp 3
this Q hold·2q
58TX
port0.4%
val$23M
Ternium Sa-sponsored Adr
this Q hold·16q
59SHAZ
port0.4%
val$23M
Sharonai Holdings Inc
this Q New·—1q
60OCSL
port0.4%
val$21M
Oaktree Specialty Lending CO
this Q hold·13q
61FIVN 1 03/15/29
port0.3%
val$19M
Five9 Inc
this Q -28%·3q
62TEO
port0.3%
val$19M
Telecom Argentina Sa-sp Adr
this Q -31%·33q
63SNAP 0 05/01/27
port0.3%
val$19M
Snap Inc
this Q hold·7q
64SMPL
port0.3%
val$16M
Simply Good Foods Co/the
this Q New·—1q
65NVST 1.75 08/15/28
port0.3%
val$16M
Envista Holdings Corp
this Q -48%·6q
66NBR 1.75 06/15/29
port0.2%
val$15M
Nabors Industries Inc
this Q -33%·4q
67SYNA 0.75 12/01/31
port0.2%
val$14M
Synaptics Inc
this Q hold·2q
68MINE
port0.2%
val$14M
Mayfair Gold Corp
this Q New·—1q
69BXMT 5.5 03/15/27
port0.2%
val$13M
Blackstone Mortgage TR
this Q hold·11q
70COGT 1.625 11/15/31
port0.2%
val$13M
Cogent Biosciences Inc
this Q +34%·2q
71UPWK 0.25 08/15/26
port0.2%
val$12M
Upwork Inc
this Q +78%·9q
72BATL
port0.2%
val$12M
Battalion Oil Corp
this Q hold·25q
73ARWR 0 01/15/32
port0.2%
val$11M
Arrowhead Research Corp
this Q New·—1q
74SMRT
port0.2%
val$11M
Smartrent Inc
this Q hold·17q
75AFRM 0 11/15/26
port0.2%
val$11M
Affirm Holdings Inc
this Q +121%·13q
76JD 0.25 06/01/29
port0.2%
val$11M
Jd.com Inc
this Q -43%·4q
77BMM
port0.2%
val$11M
Blue Moon Metals Inc
this Q New·—1q
78ITRI 1.375 07/15/30
port0.2%
val$10M
Itron Inc
this Q hold·2q
79XYZ 0.25 11/01/27
port0.2%
val$10M
Block Inc
this Q +85%·6q
80AVAV 0 07/15/30
port0.2%
val$10M
Aerovironment Inc
this Q -35%·3q
81MSTR 0 12/01/29
port0.2%
val$10M
Strategy Inc
this Q +110%·2q
82ZD 1.75 11/01/26
port0.2%
val$10M
Ziff Davis Inc
this Q hold·7q
83PENN 2.75 05/15/26
port0.2%
val$10M
Penn Entertainment Inc
this Q +93%·2q
84OPTU
port0.2%
val$10M
Optimum Communications Inc-a
this Q hold·8q
85CALY 2.75 05/01/26
port0.2%
val$9M
Callaway Golf CO
this Q hold·4q
86LCII 1.125 05/15/26
port0.2%
val$9M
Lci Industries
this Q hold·4q
87RDFN 0.5 04/01/27
port0.1%
val$9M
Redfin Corp
this Q -22%·12q
88RGEN 1 12/15/28
port0.1%
val$9M
Repligen Corp
this Q hold·6q
89WGO 3.25 01/15/30
port0.1%
val$9M
Winnebago Industries
this Q -54%·3q
90RWT 7.75 06/15/27
port0.1%
val$8M
Redwood Trust Inc
this Q hold·7q
91MX
port0.1%
val$8M
Magnachip Semiconductor Corp
this Q hold·37q
92TCOM 0.75 06/15/29
port0.1%
val$8M
Trip.com Group Ltd
this Q +538%·4q
93NTNX 0.25 10/01/27
port0.1%
val$8M
Nutanix Inc
this Q +280%·10q
94DDOG 0 12/01/29
port0.1%
val$7M
Datadog Inc
this Q hold·2q
95G470AU126
port0.1%
val$7M
Illumination Acquisition Corp I
this Q New·—1q
96G9001E102
port0.1%
val$7M
Liberty Latin America Ltd
this Q hold·3q
97NRG
port0.1%
val$7M
Nrg Energy Inc
this Q New·—1q
9804546C106
port0.1%
val$7M
Indivior Pharmaceuticals Inc
this Q New·—1q
99AKAM 1.125 02/15/29
port0.1%
val$6M
Akamai Technologies Inc
this Q New·—1q
100MGPI 1.875 11/15/41
port0.1%
val$6M
Mgp Ingredients Inc
this Q -73%·4q
101SNAP 0.125 03/01/28
port0.1%
val$5M
Snap Inc
this Q -55%·13q
102PD 1.5 10/15/28 *
port0.1%
val$5M
Pagerduty Inc.
this Q New·—1q
103CRNC 1.5 07/01/28
port0.1%
val$5M
Cerence Inc
this Q hold·5q
104NEO 0.25 01/15/28
port0.1%
val$5M
Neogenomics Inc
this Q -21%·17q
105GPRE 2.25 03/15/27
port0.1%
val$5M
Green Plains Inc
this Q -35%·7q
106UPST 0.25 08/15/26
port0.1%
val$5M
Upstart Holdings Inc
this Q -32%·14q
107PMT 8.5 06/01/29
port0.1%
val$4M
Pennymac Corp
this Q New·—1q
108PCG 4.25 12/01/27
port0.1%
val$4M
Pg&e Corp
this Q New·4q
109BKLN
port0.1%
val$4M
Invesco Senior Loan Etf
this Q New·—1q
110SO 4.5 06/15/27
port0.1%
val$4M
Southern CO
this Q -26%·4q
111BAND 0.5 04/01/28
port0.1%
val$4M
Bandwidth Inc
this Q -69%·13q
112SNAP 0.75 08/01/26
port0.1%
val$4M
Snap Inc
this Q hold·8q
113ZD 3.625 03/01/28
port0.1%
val$3M
Ziff Davis Inc
this Q hold·3q
114BILL 0 04/01/27
port0.1%
val$3M
Bill Holdings Inc
this Q hold·4q
115JBTM 0.25 05/15/26
port<0.1%
val$3M
Jbt Marel Corp
this Q New·—1q
116DOCN 0 12/01/26
port<0.1%
val$3M
Digitalocean Holdings
this Q +59%·12q
117HDB
port<0.1%
val$3M
Hdfc Bank Ltd-adr
this Q hold·9q
118UBER 0.875 12/01/28 2028
port<0.1%
val$2M
Uber Technologies Inc
this Q New·5q
119NOG 3.625 04/15/29
port<0.1%
val$2M
Northern Oil & Gas Inc
this Q New·5q
120COIN 0.25 04/01/30
port<0.1%
val$2M
Coinbase Global Inc
this Q -78%·5q
121CAKE 0.375 06/15/26
port<0.1%
val$2M
Cheesecake Factory (the)
this Q hold·7q
122MSTR 0.875 03/15/31
port<0.1%
val$2M
Strategy Inc
this Q +69%·2q
123POST 2.5 08/15/27
port<0.1%
val$2M
Post Holdings Inc
this Q -26%·9q
124JAZZ 3.125 09/15/30
port<0.1%
val$2M
Jazz Investments I Ltd
this Q -86%·3q
125PSN 2.625 03/01/29
port<0.1%
val$2M
Parsons Corp
this Q +78%·5q
126LYV 2.875 01/15/30
port<0.1%
val$2M
Live Nation Entertainmen
this Q -81%·2q
127SNOW 0 10/01/27
port<0.1%
val$2M
Snowflake Inc
this Q New·—1q
128MTH 1.75 05/15/28
port<0.1%
val$2M
Meritage Homes Corp
this Q New·3q
129NEE 3 03/01/27
port<0.1%
val$2M
Nextera Energy Capital
this Q hold·5q
130GLAD 5.875 10/01/30
port<0.1%
val$2M
Gladstone Capital Corp
this Q +152%·2q
131FLR 1.125 08/15/29
port<0.1%
val$2M
Fluor Corp
this Q -85%·7q
132RPD 0.25 03/15/27
port<0.1%
val$2M
Rapid7 Inc
this Q New·3q
133IRTC 1.5 09/01/29
port<0.1%
val$1M
Irhythm Holdings Inc
this Q New·4q
134CELC 2.75 08/01/31
port<0.1%
val$1M
Celcuity Inc
this Q hold·2q
135RIVN 3.625 10/15/30
port<0.1%
val$1M
Rivian Auto Inc
this Q New·—1q
136L01800116
port<0.1%
val$1M
Alvotech SA
this Q hold·16q
137ALRM 2.25 06/01/29
port<0.1%
val$931K
Alarm.com Hldgs Inc
this Q New·—1q
138HAE 2.5 06/01/29
port<0.1%
val$801K
Haemonetics Corp
this Q hold·3q
139IMCR 2.5 02/01/30
port<0.1%
val$751K
Immunocore Holdings
this Q New·—1q
140PDD
port<0.1%
val$493K
Pdd Holdings Inc
this Q New·3q
141L01800108
port<0.1%
val$339K
Alvotech SA
this Q -55%·16q
142BTAI
port<0.1%
val$323K
Bioxcel Therapeutics Inc
this Q hold·4q
143G7553X114
port<0.1%
val$320K
Rice Acquisition Corp 3
this Q hold·2q

All activity (2026Q1)

Ticker	Issuer	Move	% Port.	Δ Shares	Value
G4766E116	Indivior Pharmaceuticals Inc	EXIT	4.1%	-100%	$0
VNOM	Viper Energy Inc-cl A	TRIM	3.0%	-40%	$178M
INDV	Indivior Pharmaceuticals Inc	NEW	3.6%	+100%	$213M
PBR	Petroleo Brasileiro-spon Adr	NEW	2.1%	+100%	$126M
NOK	Nokia Corp-spon Adr	TRIM	1.5%	-40%	$90M
G3730V105	Ftai Aviation Ltd	EXIT	1.7%	-100%	$0
NU	NU Holdings Ltd/cayman Islands	EXIT	1.2%	-100%	$0
CX	Cemex Sab-spons Adr Part Cer	TRIM	0.5%	-52%	$32M
PEB 1.75 12/15/26	Pebblebrook Hotel Trust	ADD	1.0%	+45%	$56M
AWK 3.625 06/15/26	American Water Capital C	ADD	0.9%	+1532%	$56M
CABO 0 03/15/26	Cable One Inc	EXIT	0.9%	-100%	$0
ETSY 0.25 06/15/28	Etsy Inc	ADD	0.9%	+22%	$55M
BMRN 1.25 05/15/27	Biomarin Pharmaceutical	ADD	0.9%	+33%	$54M
G4124C109	Grab Holdings Ltd	EXIT	0.9%	-100%	$0
COIN 0.5 06/01/26	Coinbase Global Inc	NEW	0.9%	+100%	$52M
G25457105	Credo Technology Group Holding Ltd	NEW	0.9%	+100%	$51M
ENPH 0 03/01/28	Enphase Energy Inc	ADD	0.9%	+48%	$51M
VAC 3.25 12/15/27	Marriott Vacation Worldw	ADD	0.8%	+29%	$50M
ABNB 0 03/15/26	Airbnb Inc	EXIT	0.8%	-100%	$0
SEALTD 0.25 09/15/26	Sea Ltd	ADD	0.8%	+23%	$47M
OKTA 0.375 06/15/26	Okta Inc	ADD	0.8%	+66%	$47M
BSY 0.375 07/01/27	Bentley Systems	ADD	0.8%	+598%	$45M
YPF	Ypf S.a.-sponsored Adr	NEW	0.7%	+100%	$41M
QTWO 0.75 06/01/26	Q2 Holdings Inc	NEW	0.7%	+100%	$41M
DKNG 0 03/15/28	Draftkings Holdings Inc	ADD	0.7%	+76%	$40M
ECVT	Ecovyst Inc	TRIM	0.5%	-44%	$31M
XYZ 0 05/01/26	Block Inc	ADD	0.6%	+87%	$38M
DXCM 0.375 05/15/28	Dexcom Inc	ADD	0.6%	+44%	$37M
VIST	Vista Energy Sab DE CV	EXIT	0.6%	-100%	$0
Y8162K204	Star Bulk Carriers Corp	EXIT	0.6%	-100%	$0
YMM	Full Truck Alliance -spn Adr	EXIT	0.6%	-100%	$0
PRGS 1 04/15/26	Progress Software Corp	NEW	0.6%	+100%	$36M
U 0 11/15/26	Unity Software Inc	ADD	0.6%	+296%	$35M
CBRL 0.625 06/15/26	Cracker Barrel Old Count	TRIM	0.4%	-21%	$26M
BZ	Kanzhun Ltd - Adr	EXIT	0.5%	-100%	$0
CRC	California Resources Corp	EXIT	0.5%	-100%	$0
NVST 1.75 08/15/28	Envista Holdings Corp	TRIM	0.3%	-48%	$16M
EMBJ	Embraer Sa-spon Adr	NEW	0.4%	+100%	$27M
FIVN 1 03/15/29	Five9 Inc	TRIM	0.3%	-28%	$19M
TEO	Telecom Argentina Sa-sp Adr	TRIM	0.3%	-31%	$19M
ALRM 0 01/15/26	Alarm.com Hldgs Inc	EXIT	0.4%	-100%	$0
FOUR 0.5 08/01/27	Shift4 Payments Inc	NEW	0.4%	+100%	$26M
VALE	Vale Sa-sp Adr	EXIT	0.4%	-100%	$0
SHAZ	Sharonai Holdings Inc	NEW	0.4%	+100%	$23M
MGPI 1.875 11/15/41	Mgp Ingredients Inc	TRIM	0.1%	-73%	$6M
INN 1.5 02/15/26	Summit Hotel Properties	EXIT	0.3%	-100%	$0
NBR 1.75 06/15/29	Nabors Industries Inc	TRIM	0.2%	-33%	$15M
INFY	Infosys Ltd-sp Adr	EXIT	0.3%	-100%	$0
JD 0.25 06/01/29	Jd.com Inc	TRIM	0.2%	-43%	$11M
DAY 0.25 03/15/26	Dayforce Inc	EXIT	0.3%	-100%	$0
WGO 3.25 01/15/30	Winnebago Industries	TRIM	0.1%	-54%	$9M
ONIT	Onity Group Inc	EXIT	0.3%	-100%	$0
LIVN 2.5 03/15/29	Livanova Plc	EXIT	0.3%	-100%	$0
PPL 2.875 03/15/28	Ppl Capital Funding Inc	EXIT	0.3%	-100%	$0
AVAV 0 07/15/30	Aerovironment Inc	TRIM	0.2%	-35%	$10M
SMPL	Simply Good Foods Co/the	NEW	0.3%	+100%	$16M
TTEK 2.25 08/15/28	Tetra Tech Inc	EXIT	0.3%	-100%	$0
CMS 3.375 05/01/28	Cms Energy Corp	EXIT	0.3%	-100%	$0
HAE 0 03/01/26	Haemonetics Corp	EXIT	0.2%	-100%	$0
MINE	Mayfair Gold Corp	NEW	0.2%	+100%	$14M
JAZZ 3.125 09/15/30	Jazz Investments I Ltd	TRIM	<0.1%	-86%	$2M
WEC 4.375 06/01/29	Wec Energy Group Inc	EXIT	0.2%	-100%	$0
LNTH 2.625 12/15/27	Lantheus Holdings Inc	EXIT	0.2%	-100%	$0
COGT 1.625 11/15/31	Cogent Biosciences Inc	ADD	0.2%	+34%	$13M
UPWK 0.25 08/15/26	Upwork Inc	ADD	0.2%	+78%	$12M
SNAP 0.125 03/01/28	Snap Inc	TRIM	0.1%	-55%	$5M
ARWR 0 01/15/32	Arrowhead Research Corp	NEW	0.2%	+100%	$11M
BAND 0.5 04/01/28	Bandwidth Inc	TRIM	0.1%	-69%	$4M
AFRM 0 11/15/26	Affirm Holdings Inc	ADD	0.2%	+121%	$11M
BMM	Blue Moon Metals Inc	NEW	0.2%	+100%	$11M
RDFN 0.5 04/01/27	Redfin Corp	TRIM	0.1%	-22%	$9M
PMT 5.5 03/15/26	Pennymac Corp	EXIT	0.2%	-100%	$0
COIN 0.25 04/01/30	Coinbase Global Inc	TRIM	<0.1%	-78%	$2M
ENPH 0 03/01/26	Enphase Energy Inc	EXIT	0.2%	-100%	$0
XYZ 0.25 11/01/27	Block Inc	ADD	0.2%	+85%	$10M
FLR 1.125 08/15/29	Fluor Corp	TRIM	<0.1%	-85%	$2M
MSTR 0 12/01/29	Strategy Inc	ADD	0.2%	+110%	$10M
MGNI 0.25 03/15/26	Magnite Inc	EXIT	0.2%	-100%	$0
LYV 2.875 01/15/30	Live Nation Entertainmen	TRIM	<0.1%	-81%	$2M
PENN 2.75 05/15/26	Penn Entertainment Inc	ADD	0.2%	+93%	$10M
EXEEL	Chesapeake Energy Corp -cw26	EXIT	0.2%	-100%	$0
BHC	Bausch Health Cos Inc	EXIT	0.1%	-100%	$0
FRPT 3 04/01/28	Freshpet Inc	EXIT	0.1%	-100%	$0
TCOM 0.75 06/15/29	Trip.com Group Ltd	ADD	0.1%	+538%	$8M
NTNX 0.25 10/01/27	Nutanix Inc	ADD	0.1%	+280%	$8M
MKSI 1.25 06/01/30	Mks Inc	EXIT	0.1%	-100%	$0
G470AU126	Illumination Acquisition Corp I	NEW	0.1%	+100%	$7M
NRG	Nrg Energy Inc	NEW	0.1%	+100%	$7M
GPRE 2.25 03/15/27	Green Plains Inc	TRIM	0.1%	-35%	$5M
04546C106	Indivior Pharmaceuticals Inc	NEW	0.1%	+100%	$7M
UPST 0.25 08/15/26	Upstart Holdings Inc	TRIM	0.1%	-32%	$5M
AKAM 1.125 02/15/29	Akamai Technologies Inc	NEW	0.1%	+100%	$6M
NEO 0.25 01/15/28	Neogenomics Inc	TRIM	0.1%	-21%	$5M
VERX 0.75 05/01/29	Vertex Inc	EXIT	0.1%	-100%	$0
PD 1.5 10/15/28 *	Pagerduty Inc.	NEW	0.1%	+100%	$5M
SHAK 0 03/01/28	Shake Shack Inc	EXIT	0.1%	-100%	$0
MITK 0.75 02/01/26	Mitek Systems Inc	EXIT	0.1%	-100%	$0
NTNX 0.5 12/15/29	Nutanix Inc	EXIT	0.1%	-100%	$0
SO 4.5 06/15/27	Southern CO	TRIM	0.1%	-26%	$4M
PMT 8.5 06/01/29	Pennymac Corp	NEW	0.1%	+100%	$4M
PCG 4.25 12/01/27	Pg&e Corp	NEW	0.1%	+100%	$4M
BKLN	Invesco Senior Loan Etf	NEW	0.1%	+100%	$4M
TWO 6.25 01/15/26	Two Harbors Inv Corp	EXIT	0.1%	-100%	$0
JBTM 0.25 05/15/26	Jbt Marel Corp	NEW	<0.1%	+100%	$3M
DOCN 0 12/01/26	Digitalocean Holdings	ADD	<0.1%	+59%	$3M
F 0 03/15/26	Ford Motor Company	EXIT	<0.1%	-100%	$0
BBIO 2.25 02/01/29	Bridgebio Pharma Inc	EXIT	<0.1%	-100%	$0
POST 2.5 08/15/27	Post Holdings Inc	TRIM	<0.1%	-26%	$2M
UBER 0.875 12/01/28 2028	Uber Technologies Inc	NEW	<0.1%	+100%	$2M
ON 0 05/01/27	ON Semiconductor Corp	EXIT	<0.1%	-100%	$0
NOG 3.625 04/15/29	Northern Oil & Gas Inc	NEW	<0.1%	+100%	$2M
MSTR 0.875 03/15/31	Strategy Inc	ADD	<0.1%	+69%	$2M
WT 3.25 08/15/29	Wisdomtree Inc	EXIT	<0.1%	-100%	$0
DBX 0 03/01/26	Dropbox Inc	EXIT	<0.1%	-100%	$0
PSN 2.625 03/01/29	Parsons Corp	ADD	<0.1%	+78%	$2M
L01800108	Alvotech SA	TRIM	<0.1%	-55%	$339K
SNOW 0 10/01/27	Snowflake Inc	NEW	<0.1%	+100%	$2M
MTH 1.75 05/15/28	Meritage Homes Corp	NEW	<0.1%	+100%	$2M
GLAD 5.875 10/01/30	Gladstone Capital Corp	ADD	<0.1%	+152%	$2M
MTN 0 01/01/26	Vail Resorts Inc	EXIT	<0.1%	-100%	$0
GRPN 1.125 03/15/26	Groupon Inc	EXIT	<0.1%	-100%	$0
BL 0 03/15/26	Blackline Inc	EXIT	<0.1%	-100%	$0
RPD 0.25 03/15/27	Rapid7 Inc	NEW	<0.1%	+100%	$2M
IRTC 1.5 09/01/29	Irhythm Holdings Inc	NEW	<0.1%	+100%	$1M
FSLY 7.75 06/01/28	Fastly Inc	EXIT	<0.1%	-100%	$0
VSH 2.25 09/15/30	Vishay Intertechnology	EXIT	<0.1%	-100%	$0
SPOT 0 03/15/26	Spotify Usa Inc	EXIT	<0.1%	-100%	$0
LYFT 0.625 03/01/29	Lyft Inc	EXIT	<0.1%	-100%	$0
HLF 4.25 06/15/28	Herbalife Ltd	EXIT	<0.1%	-100%	$0
RIVN 3.625 10/15/30	Rivian Auto Inc	NEW	<0.1%	+100%	$1M
AFRM 0.75 12/15/29	Affirm Holdings Inc	EXIT	<0.1%	-100%	$0
ALRM 2.25 06/01/29	Alarm.com Hldgs Inc	NEW	<0.1%	+100%	$931K
RNG 0 03/15/26	Ringcentral Inc	EXIT	<0.1%	-100%	$0
ASND 2.25 04/01/28	Ascendis Pharma A/s	EXIT	<0.1%	-100%	$0
TYL 0.25 03/15/26	Tyler Technologies Inc	EXIT	<0.1%	-100%	$0
FSLY 0 03/15/26	Fastly Inc	EXIT	<0.1%	-100%	$0
IMCR 2.5 02/01/30	Immunocore Holdings	NEW	<0.1%	+100%	$751K
GH 0 11/15/27	Guardant Health Inc	EXIT	<0.1%	-100%	$0
PTON 0 02/15/26	Peloton Interactive Inc	EXIT	<0.1%	-100%	$0
PDD	Pdd Holdings Inc	NEW	<0.1%	+100%	$493K

EXITG4766E116
4.1%
Indivior Pharmaceuticals Inc
Δ -100%·$0
TRIMVNOM
3.0%
Viper Energy Inc-cl A
Δ -40%·$178M
NEWINDV
3.6%
Indivior Pharmaceuticals Inc
Δ +100%·$213M
NEWPBR
2.1%
Petroleo Brasileiro-spon Adr
Δ +100%·$126M
TRIMNOK
1.5%
Nokia Corp-spon Adr
Δ -40%·$90M
EXITG3730V105
1.7%
Ftai Aviation Ltd
Δ -100%·$0
EXITNU
1.2%
NU Holdings Ltd/cayman Islands
Δ -100%·$0
TRIMCX
0.5%
Cemex Sab-spons Adr Part Cer
Δ -52%·$32M
ADDPEB 1.75 12/15/26
1.0%
Pebblebrook Hotel Trust
Δ +45%·$56M
ADDAWK 3.625 06/15/26
0.9%
American Water Capital C
Δ +1532%·$56M
EXITCABO 0 03/15/26
0.9%
Cable One Inc
Δ -100%·$0
ADDETSY 0.25 06/15/28
0.9%
Etsy Inc
Δ +22%·$55M
ADDBMRN 1.25 05/15/27
0.9%
Biomarin Pharmaceutical
Δ +33%·$54M
EXITG4124C109
0.9%
Grab Holdings Ltd
Δ -100%·$0
NEWCOIN 0.5 06/01/26
0.9%
Coinbase Global Inc
Δ +100%·$52M
NEWG25457105
0.9%
Credo Technology Group Holding Ltd
Δ +100%·$51M
ADDENPH 0 03/01/28
0.9%
Enphase Energy Inc
Δ +48%·$51M
ADDVAC 3.25 12/15/27
0.8%
Marriott Vacation Worldw
Δ +29%·$50M
EXITABNB 0 03/15/26
0.8%
Airbnb Inc
Δ -100%·$0
ADDSEALTD 0.25 09/15/26
0.8%
Sea Ltd
Δ +23%·$47M
ADDOKTA 0.375 06/15/26
0.8%
Okta Inc
Δ +66%·$47M
ADDBSY 0.375 07/01/27
0.8%
Bentley Systems
Δ +598%·$45M
NEWYPF
0.7%
Ypf S.a.-sponsored Adr
Δ +100%·$41M
NEWQTWO 0.75 06/01/26
0.7%
Q2 Holdings Inc
Δ +100%·$41M
ADDDKNG 0 03/15/28
0.7%
Draftkings Holdings Inc
Δ +76%·$40M
TRIMECVT
0.5%
Ecovyst Inc
Δ -44%·$31M
ADDXYZ 0 05/01/26
0.6%
Block Inc
Δ +87%·$38M
ADDDXCM 0.375 05/15/28
0.6%
Dexcom Inc
Δ +44%·$37M
EXITVIST
0.6%
Vista Energy Sab DE CV
Δ -100%·$0
EXITY8162K204
0.6%
Star Bulk Carriers Corp
Δ -100%·$0
EXITYMM
0.6%
Full Truck Alliance -spn Adr
Δ -100%·$0
NEWPRGS 1 04/15/26
0.6%
Progress Software Corp
Δ +100%·$36M
ADDU 0 11/15/26
0.6%
Unity Software Inc
Δ +296%·$35M
TRIMCBRL 0.625 06/15/26
0.4%
Cracker Barrel Old Count
Δ -21%·$26M
EXITBZ
0.5%
Kanzhun Ltd - Adr
Δ -100%·$0
EXITCRC
0.5%
California Resources Corp
Δ -100%·$0
TRIMNVST 1.75 08/15/28
0.3%
Envista Holdings Corp
Δ -48%·$16M
NEWEMBJ
0.4%
Embraer Sa-spon Adr
Δ +100%·$27M
TRIMFIVN 1 03/15/29
0.3%
Five9 Inc
Δ -28%·$19M
TRIMTEO
0.3%
Telecom Argentina Sa-sp Adr
Δ -31%·$19M
EXITALRM 0 01/15/26
0.4%
Alarm.com Hldgs Inc
Δ -100%·$0
NEWFOUR 0.5 08/01/27
0.4%
Shift4 Payments Inc
Δ +100%·$26M
EXITVALE
0.4%
Vale Sa-sp Adr
Δ -100%·$0
NEWSHAZ
0.4%
Sharonai Holdings Inc
Δ +100%·$23M
TRIMMGPI 1.875 11/15/41
0.1%
Mgp Ingredients Inc
Δ -73%·$6M
EXITINN 1.5 02/15/26
0.3%
Summit Hotel Properties
Δ -100%·$0
TRIMNBR 1.75 06/15/29
0.2%
Nabors Industries Inc
Δ -33%·$15M
EXITINFY
0.3%
Infosys Ltd-sp Adr
Δ -100%·$0
TRIMJD 0.25 06/01/29
0.2%
Jd.com Inc
Δ -43%·$11M
EXITDAY 0.25 03/15/26
0.3%
Dayforce Inc
Δ -100%·$0
TRIMWGO 3.25 01/15/30
0.1%
Winnebago Industries
Δ -54%·$9M
EXITONIT
0.3%
Onity Group Inc
Δ -100%·$0
EXITLIVN 2.5 03/15/29
0.3%
Livanova Plc
Δ -100%·$0
EXITPPL 2.875 03/15/28
0.3%
Ppl Capital Funding Inc
Δ -100%·$0
TRIMAVAV 0 07/15/30
0.2%
Aerovironment Inc
Δ -35%·$10M
NEWSMPL
0.3%
Simply Good Foods Co/the
Δ +100%·$16M
EXITTTEK 2.25 08/15/28
0.3%
Tetra Tech Inc
Δ -100%·$0
EXITCMS 3.375 05/01/28
0.3%
Cms Energy Corp
Δ -100%·$0
EXITHAE 0 03/01/26
0.2%
Haemonetics Corp
Δ -100%·$0
NEWMINE
0.2%
Mayfair Gold Corp
Δ +100%·$14M
TRIMJAZZ 3.125 09/15/30
<0.1%
Jazz Investments I Ltd
Δ -86%·$2M
EXITWEC 4.375 06/01/29
0.2%
Wec Energy Group Inc
Δ -100%·$0
EXITLNTH 2.625 12/15/27
0.2%
Lantheus Holdings Inc
Δ -100%·$0
ADDCOGT 1.625 11/15/31
0.2%
Cogent Biosciences Inc
Δ +34%·$13M
ADDUPWK 0.25 08/15/26
0.2%
Upwork Inc
Δ +78%·$12M
TRIMSNAP 0.125 03/01/28
0.1%
Snap Inc
Δ -55%·$5M
NEWARWR 0 01/15/32
0.2%
Arrowhead Research Corp
Δ +100%·$11M
TRIMBAND 0.5 04/01/28
0.1%
Bandwidth Inc
Δ -69%·$4M
ADDAFRM 0 11/15/26
0.2%
Affirm Holdings Inc
Δ +121%·$11M
NEWBMM
0.2%
Blue Moon Metals Inc
Δ +100%·$11M
TRIMRDFN 0.5 04/01/27
0.1%
Redfin Corp
Δ -22%·$9M
EXITPMT 5.5 03/15/26
0.2%
Pennymac Corp
Δ -100%·$0
TRIMCOIN 0.25 04/01/30
<0.1%
Coinbase Global Inc
Δ -78%·$2M
EXITENPH 0 03/01/26
0.2%
Enphase Energy Inc
Δ -100%·$0
ADDXYZ 0.25 11/01/27
0.2%
Block Inc
Δ +85%·$10M
TRIMFLR 1.125 08/15/29
<0.1%
Fluor Corp
Δ -85%·$2M
ADDMSTR 0 12/01/29
0.2%
Strategy Inc
Δ +110%·$10M
EXITMGNI 0.25 03/15/26
0.2%
Magnite Inc
Δ -100%·$0
TRIMLYV 2.875 01/15/30
<0.1%
Live Nation Entertainmen
Δ -81%·$2M
ADDPENN 2.75 05/15/26
0.2%
Penn Entertainment Inc
Δ +93%·$10M
EXITEXEEL
0.2%
Chesapeake Energy Corp -cw26
Δ -100%·$0
EXITBHC
0.1%
Bausch Health Cos Inc
Δ -100%·$0
EXITFRPT 3 04/01/28
0.1%
Freshpet Inc
Δ -100%·$0
ADDTCOM 0.75 06/15/29
0.1%
Trip.com Group Ltd
Δ +538%·$8M
ADDNTNX 0.25 10/01/27
0.1%
Nutanix Inc
Δ +280%·$8M
EXITMKSI 1.25 06/01/30
0.1%
Mks Inc
Δ -100%·$0
NEWG470AU126
0.1%
Illumination Acquisition Corp I
Δ +100%·$7M
NEWNRG
0.1%
Nrg Energy Inc
Δ +100%·$7M
TRIMGPRE 2.25 03/15/27
0.1%
Green Plains Inc
Δ -35%·$5M
NEW04546C106
0.1%
Indivior Pharmaceuticals Inc
Δ +100%·$7M
TRIMUPST 0.25 08/15/26
0.1%
Upstart Holdings Inc
Δ -32%·$5M
NEWAKAM 1.125 02/15/29
0.1%
Akamai Technologies Inc
Δ +100%·$6M
TRIMNEO 0.25 01/15/28
0.1%
Neogenomics Inc
Δ -21%·$5M
EXITVERX 0.75 05/01/29
0.1%
Vertex Inc
Δ -100%·$0
NEWPD 1.5 10/15/28 *
0.1%
Pagerduty Inc.
Δ +100%·$5M
EXITSHAK 0 03/01/28
0.1%
Shake Shack Inc
Δ -100%·$0
EXITMITK 0.75 02/01/26
0.1%
Mitek Systems Inc
Δ -100%·$0
EXITNTNX 0.5 12/15/29
0.1%
Nutanix Inc
Δ -100%·$0
TRIMSO 4.5 06/15/27
0.1%
Southern CO
Δ -26%·$4M
NEWPMT 8.5 06/01/29
0.1%
Pennymac Corp
Δ +100%·$4M
NEWPCG 4.25 12/01/27
0.1%
Pg&e Corp
Δ +100%·$4M
NEWBKLN
0.1%
Invesco Senior Loan Etf
Δ +100%·$4M
EXITTWO 6.25 01/15/26
0.1%
Two Harbors Inv Corp
Δ -100%·$0
NEWJBTM 0.25 05/15/26
<0.1%
Jbt Marel Corp
Δ +100%·$3M
ADDDOCN 0 12/01/26
<0.1%
Digitalocean Holdings
Δ +59%·$3M
EXITF 0 03/15/26
<0.1%
Ford Motor Company
Δ -100%·$0
EXITBBIO 2.25 02/01/29
<0.1%
Bridgebio Pharma Inc
Δ -100%·$0
TRIMPOST 2.5 08/15/27
<0.1%
Post Holdings Inc
Δ -26%·$2M
NEWUBER 0.875 12/01/28 2028
<0.1%
Uber Technologies Inc
Δ +100%·$2M
EXITON 0 05/01/27
<0.1%
ON Semiconductor Corp
Δ -100%·$0
NEWNOG 3.625 04/15/29
<0.1%
Northern Oil & Gas Inc
Δ +100%·$2M
ADDMSTR 0.875 03/15/31
<0.1%
Strategy Inc
Δ +69%·$2M
EXITWT 3.25 08/15/29
<0.1%
Wisdomtree Inc
Δ -100%·$0
EXITDBX 0 03/01/26
<0.1%
Dropbox Inc
Δ -100%·$0
ADDPSN 2.625 03/01/29
<0.1%
Parsons Corp
Δ +78%·$2M
TRIML01800108
<0.1%
Alvotech SA
Δ -55%·$339K
NEWSNOW 0 10/01/27
<0.1%
Snowflake Inc
Δ +100%·$2M
NEWMTH 1.75 05/15/28
<0.1%
Meritage Homes Corp
Δ +100%·$2M
ADDGLAD 5.875 10/01/30
<0.1%
Gladstone Capital Corp
Δ +152%·$2M
EXITMTN 0 01/01/26
<0.1%
Vail Resorts Inc
Δ -100%·$0
EXITGRPN 1.125 03/15/26
<0.1%
Groupon Inc
Δ -100%·$0
EXITBL 0 03/15/26
<0.1%
Blackline Inc
Δ -100%·$0
NEWRPD 0.25 03/15/27
<0.1%
Rapid7 Inc
Δ +100%·$2M
NEWIRTC 1.5 09/01/29
<0.1%
Irhythm Holdings Inc
Δ +100%·$1M
EXITFSLY 7.75 06/01/28
<0.1%
Fastly Inc
Δ -100%·$0
EXITVSH 2.25 09/15/30
<0.1%
Vishay Intertechnology
Δ -100%·$0
EXITSPOT 0 03/15/26
<0.1%
Spotify Usa Inc
Δ -100%·$0
EXITLYFT 0.625 03/01/29
<0.1%
Lyft Inc
Δ -100%·$0
EXITHLF 4.25 06/15/28
<0.1%
Herbalife Ltd
Δ -100%·$0
NEWRIVN 3.625 10/15/30
<0.1%
Rivian Auto Inc
Δ +100%·$1M
EXITAFRM 0.75 12/15/29
<0.1%
Affirm Holdings Inc
Δ -100%·$0
NEWALRM 2.25 06/01/29
<0.1%
Alarm.com Hldgs Inc
Δ +100%·$931K
EXITRNG 0 03/15/26
<0.1%
Ringcentral Inc
Δ -100%·$0
EXITASND 2.25 04/01/28
<0.1%
Ascendis Pharma A/s
Δ -100%·$0
EXITTYL 0.25 03/15/26
<0.1%
Tyler Technologies Inc
Δ -100%·$0
EXITFSLY 0 03/15/26
<0.1%
Fastly Inc
Δ -100%·$0
NEWIMCR 2.5 02/01/30
<0.1%
Immunocore Holdings
Δ +100%·$751K
EXITGH 0 11/15/27
<0.1%
Guardant Health Inc
Δ -100%·$0
EXITPTON 0 02/15/26
<0.1%
Peloton Interactive Inc
Δ -100%·$0
NEWPDD
<0.1%
Pdd Holdings Inc
Δ +100%·$493K

Frequently asked questions

What stocks does Howard Marks own?: As of 2026Q1, Howard Marks's 13F discloses 143 positions worth $5.91B. The top five holdings: TRMD (11.4%), EXE (9.7%), AU (5.3%), GTX (4.5%), INDV (3.6%). 13F filings cover long US-listed equities only — cash, bonds, shorts, and non-US positions are not disclosed.
What did Howard Marks buy this quarter?: In 2026Q1, the filing shows 33 new positions and 25 additions to existing holdings. The largest positions touched by buying: INDV, PBR, PEB 1.75 12/15/26, AWK 3.625 06/15/26, ETSY 0.25 06/15/28.
How big is Howard Marks's portfolio?: $5.91B across 143 positions per the latest 13F (filed May 20, 2026). The top five holdings account for 35% of the disclosed book.

Explore more

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Long US equity 13F-HR filings only — no shorts, no derivatives. SEC filings at EDGAR (CIK 0000949509). Not investment advice.