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← Howard Marks

Howard Marks's 2026Q1 portfolio

Howard Marks (Oaktree Capital Management) held 114 positions as of Mar 31, 2026, with the largest position at 11.4% of the portfolio. This is the latest 13F filing on record.

Showing positions still held at the most recent quarter so their historical weights can be reconstructed. Positions that were held in 2026Q1but have since been exited aren't included in this table — for a full point-in-time reconstruction, use the SEC EDGAR filing directly.

Holdings as of Mar 31, 2026 (114)

  1. 1TRMDTorm Plc
    % port
    11.4%
    +2.9pp vs prior Q
  2. 2EXEExpand Energy Corp
    % port
    9.7%
    +0.7pp vs prior Q
  3. 3AUAnglogold Ashanti Plc
    % port
    5.3%
  4. 4GTXGarrett Motion Inc
    % port
    4.5%
    -0.3pp vs prior Q
  5. 5INDVIndivior Pharmaceuticals Inc
    % port
    3.6%
  6. 6TDSTelephone And Data Systems
    % port
    3.1%
    +0.6pp vs prior Q
  7. 7VNOMViper Energy Inc-cl A
    % port
    3.0%
    -0.9pp vs prior Q
  8. 8CORZCore Scientific Inc
    % port
    2.4%
    +0.4pp vs prior Q
  9. 9STKLSunopta Inc
    % port
    2.3%
    +1.0pp vs prior Q
  10. 10PBRPetroleo Brasileiro-spon Adr
    % port
    2.1%
  11. 11BBarrick Mining Corp
    % port
    1.8%
    -0.3pp vs prior Q
  12. 12TLNTalen Energy Corp
    % port
    1.8%
    -0.2pp vs prior Q
  13. 13(cusip)Liberty Global Ltd
    % port
    1.7%
    +0.2pp vs prior Q
  14. 14ITUBItau Unibanco H-spon Prf Adr
    % port
    1.7%
    +0.1pp vs prior Q
  15. 15JBLU 0.5 04/01/26Jetblue Airways Corp
    % port
    1.6%
    +0.2pp vs prior Q
  16. 16RIOT 0.75 01/15/30Riot Platforms Inc
    % port
    1.6%
  17. 17NOKNokia Corp-spon Adr
    % port
    1.5%
    -0.4pp vs prior Q
  18. 18TACTransalta Corp
    % port
    1.4%
    +0.1pp vs prior Q
  19. 19CBLCbl & Associates Properties
    % port
    1.4%
    -0.1pp vs prior Q
  20. 20FCXFreeport-mcmoran Inc
    % port
    1.2%
  21. 21SATS 3.875 11/30/30Echostar Corp
    % port
    1.1%
    +0.1pp vs prior Q
  22. 22(cusip)XP Inc
    % port
    1.0%
    +0.1pp vs prior Q
  23. 23PEB 1.75 12/15/26Pebblebrook Hotel Trust
    % port
    1.0%
    +0.3pp vs prior Q
  24. 24AWK 3.625 06/15/26American Water Capital C
    % port
    0.9%
    +0.9pp vs prior Q
  25. 25AEROGrupo Aeromexico Sab DE CV
    % port
    0.9%
    -0.4pp vs prior Q
  26. 26ETSY 0.25 06/15/28Etsy Inc
    % port
    0.9%
    +0.2pp vs prior Q
  27. 27BMRN 1.25 05/15/27Biomarin Pharmaceutical
    % port
    0.9%
    +0.3pp vs prior Q
  28. 28BLCOBausch + Lomb Corp
    % port
    0.9%
  29. 29COIN 0.5 06/01/26Coinbase Global Inc
    % port
    0.9%
  30. 30KRCKilroy Realty Corp
    % port
    0.9%
    -0.2pp vs prior Q
  31. 31(cusip)Liberty Latin America Ltd
    % port
    0.9%
    +0.2pp vs prior Q
  32. 32ENPH 0 03/01/28Enphase Energy Inc
    % port
    0.9%
    +0.3pp vs prior Q
  33. 33(cusip)Credo Technology Group Holding Ltd
    % port
    0.9%
  34. 34VAC 3.25 12/15/27Marriott Vacation Worldw
    % port
    0.8%
    +0.2pp vs prior Q
  35. 35RWAYRunway Growth Finance Corp
    % port
    0.8%
    -0.2pp vs prior Q
  36. 36SEALTD 0.25 09/15/26Sea Ltd
    % port
    0.8%
    +0.2pp vs prior Q
  37. 37OKTA 0.375 06/15/26Okta Inc
    % port
    0.8%
    +0.3pp vs prior Q
  38. 38BSY 0.375 07/01/27Bentley Systems
    % port
    0.8%
    +0.7pp vs prior Q
  39. 39YPFYpf S.a.-sponsored Adr
    % port
    0.7%
  40. 40QTWO 0.75 06/01/26Q2 Holdings Inc
    % port
    0.7%
  41. 41DKNG 0 03/15/28Draftkings Holdings Inc
    % port
    0.7%
    +0.3pp vs prior Q
  42. 42XYZ 0 05/01/26Block Inc
    % port
    0.6%
    +0.3pp vs prior Q
  43. 43DXCM 0.375 05/15/28Dexcom Inc
    % port
    0.6%
    +0.2pp vs prior Q
  44. 44PRGS 1 04/15/26Progress Software Corp
    % port
    0.6%
  45. 45CNMD 2.25 06/15/27Conmed Corp
    % port
    0.6%
  46. 46U 0 11/15/26Unity Software Inc
    % port
    0.6%
    +0.4pp vs prior Q
  47. 47AMPH 2 03/15/29Amphastar Pharmaceutical
    % port
    0.6%
  48. 48ADArray Digital Infrastructure
    % port
    0.6%
  49. 49TDOC 1.25 06/01/27Teladoc Health Inc
    % port
    0.5%
  50. 50CXCemex Sab-spons Adr Part Cer
    % port
    0.5%
    -0.5pp vs prior Q

13F-HR filings disclose long US-equity positions only. 13Fs don't cover shorts, bonds, derivatives, or non-US listings, so the picture here is the public part of the portfolio — not the whole.

Not investment advice.