Howard Marks (Oaktree Capital Management) portfolio and holdings
Howard MarksContrarian investors
Known for investing in the debt of troubled companies. Co-founder Howard Marks's memos are read even by Warren Buffett.
13F portfolio value$7.2B
Holdings145
Top 10 weight54.6%
Since last quarter40 new, 51 added, 33 reduced, 42 sold out
This quarter's moves (Q2 2026)
In Q2 2026 (Apr–Jun), Oaktree Capital Management opened 34 new positions (Sea Limited, Viasat, Inc., MakeMyTrip Limited, and others) and sold out of 39 (Petróleo Brasileiro S.A. - Petrobras, Jetblue Airways, Nokia Oyj, and others).
By value, the biggest additions were Oaktree Specialty Lending Corporation, Telephone and Data Systems, Inc., Five9, and others, and the biggest reductions were Garrett Motion Inc., Sunopta, Core Scientific, Inc., and others.
The largest holding is TORM plc at 7.3% of the portfolio; the top five make up 24.8%.
NewSea Limited, Viasat, Inc., MakeMyTrip Limited, Matthews International Corporation, and othersAddedOaktree Specialty Lending Corporation, Telephone and Data Systems, Inc., Five9, Affirm, and othersReducedGarrett Motion Inc., Sunopta, Core Scientific, Inc., Riot Platforms, and othersSold outPetróleo Brasileiro S.A. - Petrobras, Jetblue Airways, Nokia Oyj, CBL & Associates Properties, Inc., and others
Profile
Co-founded by Howard Marks and others in 1995. It specializes in assets many investors avoid, such as the debt of troubled companies. Canada's Brookfield took a majority stake in 2019.
Track record
- Marks's client memos, written since 1990, are so respected that Buffett has said he reads them first
- His book "The Most Important Thing" is widely read in Japan as well
Based on public statements by the investor or firm and news reports.
By sector
Other / unknown 25.0%Energy 9.5%Industrials 9.4%Consumer Cyclical 5.4%Communication Services 5.3%Healthcare 4.5%Financial Services 4.3%Technology 3.4%Basic Materials 3.3%
Holdings
Values use quarter-end prices. Changes compare with the previous quarter (end of Mar 2026).
| # | Stock | Value | Weight | Shares | Change | Change % | % of shares out |
|---|---|---|---|---|---|---|---|
| 1 | —State Street CorpPut | $1B | 14.04% | 1,355,000 | New | — | |
| 2 | —Invesco Qqq Trust Series 1Put | $652M | 9.04% | 885,000 | Added+315,000 | +55.3% | — |
| 3 | TRMDTORM plc | $524M | 7.28% | 20,329,874 | Reduced−3,509,701 | −14.7% | 19.89% |
| 4 | EXEExpand Energy Corporation | $478M | 6.63% | 5,237,477 | — | — | 2.27% |
| 5 | GTXGarrett Motion Inc. | $275M | 3.82% | 7,594,816 | Reduced−7,000,000 | −48.0% | 4.11% |
| 6 | —Anglogold Ashanti Plc | $257M | 3.57% | 3,179,092 | Reduced−44,000 | −1.4% | — |
| 7 | INDVIndivior Pharmaceuticals Inc | $251M | 3.49% | 6,127,212 | Reduced−856,890 | −12.3% | 4.91% |
| 8 | TDSTelephone and Data Systems, Inc. | $196M | 2.71% | 5,282,905 | Added+990,662 | +23.1% | 4.91% |
| 9 | VNOMViper Energy, Inc. | $161M | 2.23% | 3,791,432 | — | — | 1.06% |
| 10 | CORZCore Scientific, Inc.Call | $128M | 1.78% | 5,000,000 | Added+1,500,000 | +42.9% | — |
| 11 | CORZCore Scientific, Inc. | $128M | 1.77% | 4,993,708 | Reduced−4,357,000 | −46.6% | 1.55% |
| 12 | TLNTalen Energy Corporation | $127M | 1.77% | 331,117 | — | — | 0.76% |
| 13 | BBarrick Mining Corporation | $118M | 1.63% | 3,206,087 | Added+581,228 | +22.1% | 0.19% |
| 14 | ITUBItaú Unibanco Holding S.A. | $97.9M | 1.36% | 11,977,665 | Reduced−211,330 | −1.7% | 0.11% |
| 15 | LBTYALiberty Global plc | $97.2M | 1.35% | 8,551,191 | — | — | 2.57% |
| 16 | OCSLOaktree Specialty Lending Corporation | $94M | 1.30% | 7,872,199 | Added+6,019,743 | +325.0% | 8.94% |
| 17 | FCXFreeport-McMoRan Inc. | $75.5M | 1.05% | 1,201,122 | Reduced−19,000 | −1.6% | 0.08% |
| 18 | AEROGrupo Aeroméxico, S.A.B. de C.V. | $71.4M | 0.99% | 3,968,686 | — | — | 2.72% |
| 19 | KRCKilroy Realty Corporation | $69.3M | 0.96% | 1,850,011 | — | — | 1.59% |
| 20 | —Pebblebrook Hotel TrustNotes | $63.1M | 0.88% | 63,534,000 | Added+5,798,000 | +10.0% | — |
| 21 | —Biomarin Pharmaceutical IncNotes | $62.4M | 0.87% | 64,025,000 | Added+8,040,000 | +14.4% | — |
| 22 | —Sea LtdNotes | $62.1M | 0.86% | 62,567,000 | Added+14,681,000 | +30.7% | — |
| 23 | —Etsy IncNotes | $61.2M | 0.85% | 66,836,000 | Added+5,640,000 | +9.2% | — |
| 24 | SESea Limited | $60.9M | 0.85% | 635,443 | New | 0.10% | |
| 25 | LILAKLiberty Latin America Ltd. | $58.9M | 0.82% | 7,559,083 | Added+1,810,303 | +31.5% | 2.57% |
| 26 | —Enphase Energy IncNotes | $57.6M | 0.80% | 61,820,000 | Added+5,200,000 | +9.2% | — |
| 27 | —Dexcom IncNotes | $57.1M | 0.79% | 61,148,000 | Added+20,725,000 | +51.3% | — |
| 28 | BLCOBausch + Lomb Corporation | $57M | 0.79% | 3,441,042 | Added+58,303 | +1.7% | 0.96% |
| 29 | VSATViasat, Inc. | $56.6M | 0.79% | 630,280 | New | 0.46% | |
| 30 | —Echostar CorpNotes | $56.3M | 0.78% | 18,000,001 | — | — | — |
| 31 | —Marriott Vacations Worldwide CorpNotes | $56M | 0.78% | 56,893,000 | Added+4,774,000 | +9.2% | — |
| 32 | —Draftkings IncNotes | $54.5M | 0.76% | 58,501,000 | Added+14,146,000 | +31.9% | — |
| 33 | —Conmed CorpNotes | $52.5M | 0.73% | 53,645,000 | Added+17,456,000 | +48.2% | — |
| 34 | MMYTMakeMyTrip Limited | $52.4M | 0.73% | 983,068 | New | 1.05% | |
| 35 | —Riot Platforms IncNotes | $52.3M | 0.73% | 26,000,000 | Reduced−53,664,000 | −67.4% | — |
| 36 | —Teladoc Health IncNotes | $52.3M | 0.73% | 53,624,000 | Added+20,554,000 | +62.2% | — |
| 37 | —Bentley Systems IncNotes | $52.2M | 0.72% | 54,264,000 | Added+7,269,000 | +15.5% | — |
| 38 | MATWMatthews International Corporation | $51.8M | 0.72% | 1,925,992 | New | 6.17% | |
| 39 | XPXP Inc. | $50.7M | 0.70% | 3,116,809 | Reduced−55,200 | −1.7% | 0.60% |
| 40 | —Unity Software IncNotes | $48.6M | 0.67% | 49,426,000 | Added+13,485,000 | +37.5% | — |
| 41 | —Five9 IncNotes | $47.4M | 0.66% | 53,306,000 | Added+31,563,000 | +145.2% | — |
| 42 | LYBLyondellBasell Industries N.V.Put | $47.4M | 0.66% | 900,000 | Added+400,000 | +80.0% | — |
| 43 | —Shift4 Payments IncNotes | $46.3M | 0.64% | 48,444,000 | Added+21,172,000 | +77.6% | — |
| 44 | YPFYPF Sociedad Anónima | $45.1M | 0.63% | 991,346 | Added+104,881 | +11.8% | 0.25% |
| 45 | TACTransAlta Corporation | $41.5M | 0.58% | 3,000,000 | Reduced−3,415,253 | −53.2% | 0.95% |
| 46 | VCVisteon CorporationPut | $39.7M | 0.55% | 400,000 | New | — | |
| 47 | RWAYRunway Growth Finance Corp. | $39.4M | 0.55% | 7,029,667 | — | — | 16.77% |
| 48 | —Enovis CorpNotes | $37.8M | 0.52% | 39,207,000 | New | — | |
| 49 | —Amphastar Pharmaceuticals IncNotes | $37.2M | 0.52% | 40,880,000 | Added+2,844,000 | +7.5% | — |
| 50 | —Affirm Holdings IncNotes | $34.3M | 0.48% | 34,815,000 | Added+23,278,000 | +201.8% | — |
| 51 | —Array Technologies IncNotes | $31.6M | 0.44% | 33,985,000 | Added+2,939,000 | +9.5% | — |
| 52 | EMBJEmbraer S.A. | $28.1M | 0.39% | 439,706 | Reduced−7,900 | −1.8% | 0.24% |
| 53 | —Snap IncNotes | $26.7M | 0.37% | 28,018,000 | Added+8,273,000 | +41.9% | — |
| 54 | ADArray Digital Infrastructure Inc | $25.3M | 0.35% | 696,858 | Reduced−27,586 | −3.8% | 0.81% |
| 55 | KRSPRice Acquisition Corporation 3 | $25.2M | 0.35% | 2,400,000 | — | — | 5.22% |
| 56 | SHAZSharonAI Holdings, Inc. Class A Common Stock | $24.5M | 0.34% | 289,456 | Reduced−710,544 | −71.1% | 0.81% |
| 57 | —Spectrum Brands Holdings IncNotes | $24.5M | 0.34% | 23,452,000 | Reduced−2,674,000 | −10.2% | — |
| 58 | TXTernium S.A. | $24.4M | 0.34% | 572,324 | Reduced−10,600 | −1.8% | 0.29% |
| 59 | QMCOQuantum Corporation | $22.1M | 0.31% | 2,011,678 | New | 5.10% | |
| 60 | —Winnebago Industries IncNotes | $18.7M | 0.26% | 20,074,000 | Added+10,698,000 | +114.1% | — |
| 61 | —Block IncNotes | $17.1M | 0.24% | 17,983,000 | Added+7,001,000 | +63.7% | — |
| 62 | —Snap IncNotes | $16.1M | 0.22% | 17,474,000 | Added+11,474,000 | +191.2% | — |
| 63 | SMPLThe Simply Good Foods Company | $16M | 0.22% | 1,203,889 | Added+75,000 | +6.6% | 1.39% |
| 64 | —Cogent Biosciences IncNotes | $14.8M | 0.20% | 11,890,000 | Added+1,669,000 | +16.3% | — |
| 65 | SGRYSurgery Partners, Inc. | $14.5M | 0.20% | 862,588 | New | 0.67% | |
| 66 | —Blackstone Mortgage Trust IncNotes | $14.1M | 0.20% | 14,064,000 | Added+1,105,000 | +8.5% | — |
| 67 | —Upwork IncNotes | $14M | 0.19% | 14,154,000 | Added+1,655,000 | +13.2% | — |
| 68 | —Workiva IncNotes | $14M | 0.19% | 14,970,000 | New | — | |
| 69 | —Etsy IncNotes | $13.9M | 0.19% | 11,974,000 | New | — | |
| 70 | —Redfin CorpNotes | $13.5M | 0.19% | 14,041,000 | Added+4,844,000 | +52.7% | — |
| 71 | —Starwood Property Trust IncNotes | $12.1M | 0.17% | 11,894,933 | New | — | |
| 72 | BTDRBitdeer Technologies GroupCall | $11.9M | 0.17% | 750,000 | New | — | |
| 73 | —Snowflake IncNotes | $11.9M | 0.17% | 7,147,000 | Added+5,547,000 | +346.7% | — |
| 74 | —Nabors Industries LtdNotes | $11.3M | 0.16% | 11,880,000 | Reduced−4,257,000 | −26.4% | — |
| 75 | —Aerovironment IncNotes | $11.3M | 0.16% | 11,799,000 | Added+1,486,000 | +14.4% | — |
| 76 | —Itron IncNotes | $11.2M | 0.16% | 11,216,000 | Added+867,000 | +8.4% | — |
| 77 | —Ziff Davis IncNotes | $11.1M | 0.15% | 11,230,000 | Added+1,139,000 | +11.3% | — |
| 78 | MINEMayfair Gold Corp. | $11.1M | 0.15% | 4,500,000 | — | — | 6.70% |
| 79 | —Arrowhead Pharmaceuticals IncNotes | $11M | 0.15% | 9,146,000 | Reduced−1,909,000 | −17.3% | — |
| 80 | BMMBlue Moon Metals Inc. | $10.7M | 0.15% | 1,685,000 | — | — | 2.18% |
| 81 | —Envista Holdings CorpNotes | $10.3M | 0.14% | 10,206,000 | Reduced−5,771,000 | −36.1% | — |
| 82 | —Cloudflare IncNotes | $10.2M | 0.14% | 8,050,000 | New | — | |
| 83 | —Rapid7 IncNotes | $9.7M | 0.13% | 10,061,000 | Added+8,393,000 | +503.2% | — |
| 84 | —Freshpet IncNotes | $9.2M | 0.13% | 7,913,000 | New | — | |
| 85 | —Alphatec Holdings IncNotes | $9.1M | 0.13% | 9,177,000 | New | — | |
| 86 | SMRTSmartRent, Inc. | $8.9M | 0.12% | 7,505,294 | — | — | 3.92% |
| 87 | —Upstart Holdings IncNotes | $8.3M | 0.11% | 8,312,000 | Added+3,443,000 | +70.7% | — |
| 88 | —Sitime CorpNotes | $8.1M | 0.11% | 7,300,000 | New | — | |
| 89 | —Redwood Trust IncNotes | $8M | 0.11% | 7,881,000 | Reduced−366,000 | −4.4% | — |
| 90 | —Doordash IncNotes | $8M | 0.11% | 8,089,000 | New | — | |
| 91 | —Jd.Com IncNotes | $7.9M | 0.11% | 8,065,000 | Reduced−2,988,000 | −27.0% | — |
| 92 | —Alarm.Com Holdings IncNotes | $7.8M | 0.11% | 8,171,000 | Added+7,163,000 | +710.6% | — |
| 93 | —Pennymac Mortgage Investment TrustNotes | $7.3M | 0.10% | 7,101,000 | Added+3,130,000 | +78.8% | — |
| 94 | —Cerence IncNotes | $7.2M | 0.10% | 7,887,000 | Added+1,945,000 | +32.7% | — |
| 95 | —Celcuity IncNotes | $7.1M | 0.10% | 6,250,000 | New | — | |
| 96 | MXMagnaChip Semiconductor | $7.1M | 0.10% | 1,500,000 | Reduced−1,349,858 | −47.4% | 3.94% |
| 97 | —Workiva IncNotes | $7.1M | 0.10% | 7,100,000 | New | — | |
| 98 | —Cracker Barrel Old Country Store IncNotes | $6.9M | 0.10% | 6,708,000 | New | — | |
| 99 | —Etsy IncNotes | $6.9M | 0.10% | 7,233,000 | New | — | |
| 100 | —Pagerduty IncNotes | $6.7M | 0.09% | 7,125,000 | Added+1,190,000 | +20.1% | — |
| 101 | LILALiberty Latin America Ltd. | $6.6M | 0.09% | 839,020 | — | — | 0.28% |
| 102 | —Sarepta Therapeutics IncNotes | $6.3M | 0.09% | 6,709,000 | New | — | |
| 103 | —Lci IndustriesNotes | $6.3M | 0.09% | 5,650,000 | New | — | |
| 104 | —Uber Technologies IncNotes | $6.2M | 0.09% | 5,400,000 | New | — | |
| 105 | —Bill Holdings IncNotes | $6.1M | 0.09% | 6,330,000 | Added+3,024,000 | +91.5% | — |
| 106 | —Green Plains IncNotes | $4.9M | 0.07% | 4,998,000 | — | — | — |
| 107 | —Gladstone Capital CorpNotes | $4.8M | 0.07% | 4,999,000 | Added+3,101,000 | +163.4% | — |
| 108 | MXMagnaChip SemiconductorCall | $4.7M | 0.07% | 1,000,000 | New | — | |
| 109 | —Strategy IncNotes | $4.7M | 0.07% | 5,451,000 | Reduced−6,629,000 | −54.9% | — |
| 110 | —Firstenergy CorpNotes | $4.7M | 0.06% | 4,280,000 | New | — | |
| 111 | —Rubrik IncNotes | $4.6M | 0.06% | 4,504,000 | New | — | |
| 112 | —Northern Oil & Gas IncNotes | $4.4M | 0.06% | 4,614,000 | Added+2,614,000 | +130.7% | — |
| 113 | BATLBattalion Oil Corporation | $3.9M | 0.05% | 3,009,912 | — | — | 13.67% |
| 114 | —Dpc Holdings Ltd | $3.7M | 0.05% | 75,000 | New | — | |
| 115 | —Rivian Automotive IncNotes | $3.6M | 0.05% | 3,400,000 | Added+2,100,000 | +161.5% | — |
| 116 | —Ziff Davis IncNotes | $3.5M | 0.05% | 3,496,000 | — | — | — |
| 117 | —Transmedics Group IncNotes | $3.4M | 0.05% | 3,131,000 | New | — | |
| 118 | —Service Properties Trust | $3.4M | 0.05% | 1,988,382 | New | — | |
| 119 | —Wec Energy Group IncNotes | $3.3M | 0.05% | 3,214,000 | New | — | |
| 120 | —Akamai Technologies IncNotes | $3.1M | 0.04% | 2,631,000 | Reduced−2,766,000 | −51.3% | — |
| 121 | —Norwegian Cruise Line Holdings LtdNotes | $2.8M | 0.04% | 2,874,000 | New | — | |
| 122 | —Nutanix IncNotes | $2.5M | 0.03% | 2,200,000 | Reduced−5,400,000 | −71.1% | — |
| 123 | —Mgp Ingredients IncNotes | $2.5M | 0.03% | 2,515,000 | Reduced−3,736,000 | −59.8% | — |
| 124 | —Uber Technologies IncNotes | $2.4M | 0.03% | 2,000,000 | — | — | — |
| 125 | —Live Nation Entertainment IncNotes | $2.2M | 0.03% | 1,813,000 | — | — | — |
| 126 | —Haemonetics CorpNotes | $2.1M | 0.03% | 2,090,000 | Added+1,253,000 | +149.7% | — |
| 127 | —Datadog IncNotes | $2M | 0.03% | 1,400,000 | Reduced−6,299,000 | −81.8% | — |
| 128 | —Bioxcel Therapeutics Inc | $1.9M | 0.03% | 1,380,248 | Added+1,139,060 | +472.3% | — |
| 129 | NNBRNN, Inc. | $1.8M | 0.03% | 510,943 | New | 0.55% | |
| 130 | —Fluor CorpNotes | $1.7M | 0.02% | 1,271,000 | Reduced−100,000 | −7.3% | — |
| 131 | —Groupon IncNotes | $1.7M | 0.02% | 1,677,000 | New | — | |
| 132 | —On Semiconductor CorpNotes | $1.5M | 0.02% | 1,250,000 | New | — | |
| 133 | TEOTelecom Argentina S.A. | $1.5M | 0.02% | 116,105 | Reduced−1,506,139 | −92.8% | 0.02% |
| 134 | —Revolution Medicines IncNotes | $1.4M | 0.02% | 1,150,000 | New | — | |
| 135 | CXCEMEX, S.A.B. de C.V. | $1.2M | 0.02% | 100,000 | Reduced−2,663,083 | −96.4% | 0.01% |
| 136 | ALVOWAlvotech | $1.1M | 0.01% | 4,666,667 | — | — | 0.05% |
| 137 | —Neogenomics IncNotes | $980K | 0.01% | 1,045,000 | Reduced−4,530,000 | −81.3% | — |
| 138 | —Alibaba Group Holding LtdNotes | $886K | 0.01% | 750,000 | New | — | |
| 139 | —Snap IncNotes | $873K | 0.01% | 877,000 | Reduced−2,890,000 | −76.7% | — |
| 140 | —Immunocore Holdings PlcNotes | $766K | 0.01% | 833,000 | — | — | — |
| 141 | —Sunopta Inc | $406K | 0.01% | 74,314 | Reduced−20,651,812 | −99.6% | — |
| 142 | —Rice Acquisition Corp 3 | $396K | 0.01% | 399,999 | — | — | — |
| 143 | ALVOAlvotech | $362K | 0.01% | 97,982 | Reduced−142,056 | −59.2% | 0.03% |
| 144 | —Shake Shack IncNotes | $252K | 0.00% | 270,000 | New | — | |
| 145 | —Office Properties Income Trust/Md | $184K | 0.00% | 10,851 | New | — |
Sold out
Held at the end of Mar 2026 but not at the end of Jun 2026. Value and shares are as of the previous quarter.
| Stock | Previous value | Shares |
|---|---|---|
| —State Street Spdr S&P Oil & Gas Exploration & Production EtfPut | $182M | 1,000,000 |
| PBRPetróleo Brasileiro S.A. - Petrobras | $126M | 6,089,413 |
| —Jetblue Airways CorpNotes | $94.8M | 95,093,000 |
| NOKNokia Oyj | $90.1M | 11,200,308 |
| CBLCBL & Associates Properties, Inc. | $82.8M | 2,153,717 |
| —American Water Capital CorpNotes | $55.8M | 55,921,000 |
| —Coinbase Global IncNotes | $52.2M | 52,633,000 |
| CRDOCredo Technology Group Holding Ltd | $50.6M | 539,000 |
| TLNTalen Energy CorporationCall | $47.9M | 150,000 |
| —Okta IncNotes | $46.7M | 46,973,000 |
| —Q2 Holdings IncNotes | $40.9M | 41,053,000 |
| —Block IncNotes | $37.7M | 37,779,000 |
| —Progress Software CorpNotes | $36.1M | 36,154,000 |
| ECVTEcovyst Inc. | $30.8M | 2,393,791 |
| —Cracker Barrel Old Country Store IncNotes | $25.7M | 26,175,000 |
| —Synaptics IncNotes | $14.3M | 13,815,000 |
| —Penn Entertainment IncNotes | $9.6M | 9,562,000 |
| OPTUOptimum Communications, Inc. | $9.5M | 7,330,490 |
| —Callaway Golf CoNotes | $9.2M | 9,166,000 |
| —Lci IndustriesNotes | $9.1M | 9,138,000 |
| —Repligen CorpNotes | $8.8M | 8,997,000 |
| —Trip.Com Group LtdNotes | $7.9M | 7,588,000 |
| —Illumination Acquisition Corp I | $7.4M | 750,000 |
| NRGNRG Energy, Inc. | $7.2M | 49,028 |
| —Pg&E CorpNotes | $4.1M | 4,000,000 |
| —Invesco Senior Income Trust | $4.1M | 200,020 |
| —Southern Co/TheNotes | $3.7M | 3,357,000 |
| —Bandwidth IncNotes | $3.7M | 4,167,000 |
| —Jbt Marel CorpNotes | $2.9M | 2,927,000 |
| —Digitalocean Holdings IncNotes | $2.9M | 2,985,000 |
| HDBHDFC Bank Limited | $2.8M | 114,261 |
| —Coinbase Global IncNotes | $2.2M | 2,364,000 |
| —Cheesecake Factory Inc/TheNotes | $2.1M | 2,173,000 |
| —Strategy IncNotes | $2.1M | 2,200,000 |
| —Post Holdings IncNotes | $2.1M | 1,950,000 |
| —Jazz Pharmaceuticals PlcNotes | $2.1M | 1,461,000 |
| —Parsons CorpNotes | $2M | 2,060,000 |
| —Meritage Homes CorpNotes | $1.8M | 1,900,000 |
| —Nextera Energy IncNotes | $1.8M | 1,292,000 |
| —Irhythm Technologies IncNotes | $1.5M | 1,350,000 |
13F portfolio value over time
$6.2B24/09
$5.6B24/12
$5.2B25/03
$5.8B25/06
$6.5B25/09
$7B25/12
$6.6B26/03
$7.2B26/06
Total value of the holdings reported on Form 13F at each quarter end.
FAQ
What is Howard Marks's largest holding?
In the 13F as of the end of Jun 2026, the largest holding is TORM plc, worth $524M or 7.3% of the portfolio.
What did Howard Marks buy recently?
New positions in Q2 2026 (Apr–Jun): Sea Limited, Viasat, Inc., MakeMyTrip Limited, Matthews International Corporation, Enovis, and others.
What did Howard Marks sell?
Positions sold out in Q2 2026 (Apr–Jun): Petróleo Brasileiro S.A. - Petrobras, Jetblue Airways, Nokia Oyj, CBL & Associates Properties, Inc., American Water Capital, and others.
How many stocks are held, and how large is the portfolio?
As of the end of Jun 2026, 145 holdings worth $7.2B in total (U.S.-listed securities reported on Form 13F).
When will the next holdings be disclosed?
Form 13F is due within 45 days of each quarter end. The next one is due around Nov 14, 2026, and this page updates automatically once it is filed.
Source: Form 13F filed with the U.S. Securities and Exchange Commission. This is not a recommendation to buy or sell any security.