What Howard Marks Bought in Q2 2026
Oaktree Capital Management · Quarterly 13F recap as filed with the SEC.
Period: 2026-06-30 · Filed
$7.21B
Total Value
145
Holdings
40
New Buys
31
Reduced
In Q2 2026, Howard Marks reported 145 long equity positions worth $7.21B in their Oaktree Capital Management 13F filing, including 40 new positions (largest: SPDR S&P 500 ETF at $1.01B) and 53 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | SPY | SPDR S&P 500 ETF | 1355000 | $1.01B | 14.04% | NEW |
| 2 | QQQ | Invesco QQQ Trust (Nasdaq-100) | 885000 | $651.7M | 9.04% | +55.3% |
| 3 | TRMD | TORM PLC | 20329874 | $524.3M | 7.28% | -14.7% |
| 4 | EXE | Expand Energy Corp | 5237477 | $477.6M | 6.63% | — |
| 5 | GTX | GARRETT MOTION INC | 7594816 | $275.2M | 3.82% | +-48.0% |
| 6 | AU | ANGLOGOLD ASHANTI PLC | 3179092 | $257.2M | 3.57% | -1.4% |
| 7 | INDV | INDIVIOR PHARMACEUTICALS INC | 6127212 | $251.4M | 3.49% | -12.3% |
| 8 | TDS | TELEPHONE AND DATA SYSTEMS INC | 5282905 | $195.5M | 2.71% | +23.1% |
| 9 | VNOM | VIPER ENERGY INC | 3791432 | $160.8M | 2.23% | — |
| 10 | CORZ | CORE SCIENTIFIC INC | 5000000 | $128.0M | 1.78% | +42.9% |
| 11 | CORZ | CORE SCIENTIFIC INC | 4993708 | $127.8M | 1.77% | -46.6% |
| 12 | TLN | TALEN ENERGY CORP | 331117 | $127.2M | 1.77% | — |
| 13 | B | BARRICK MINING CORP | 3206087 | $117.8M | 1.63% | +22.1% |
| 14 | ITUB | ITAU UNIBANCO HOLDING SA | 11977665 | $97.9M | 1.36% | -1.7% |
| 15 | LBTYK | LIBERTY GLOBAL LTD | 8551191 | $97.2M | 1.35% | — |
| 16 | OCSL | OAKTREE SPECIALTY LENDING CORP | 7872199 | $94.0M | 1.30% | +325.0% |
| 17 | FCX | Freeport-McMoRan | 1201122 | $75.5M | 1.05% | -1.6% |
| 18 | AERO | GRUPO AEROMEXICO SAB DE CV | 3968686 | $71.4M | 0.99% | — |
| 19 | KRC | KILROY REALTY CORP | 1850011 | $69.3M | 0.96% | — |
| 20 | PEB-PH | PEBBLEBROOK HOTEL TRUST | 63534000 | $63.1M | 0.88% | +10.0% |
| 21 | BMRN | BIOMARIN PHARMACEUTICAL INC | 64025000 | $62.4M | 0.87% | +14.4% |
| 22 | SE | SEA LTD | 62567000 | $62.1M | 0.86% | +30.7% |
| 23 | ETSY | ETSY INC | 66836000 | $61.2M | 0.85% | +9.2% |
| 24 | SE | SEA LTD | 635443 | $60.9M | 0.85% | NEW |
| 25 | LILAB | LIBERTY LATIN AMERICA LTD | 7559083 | $58.9M | 0.82% | +31.5% |
| 26 | ENPH | ENPHASE ENERGY INC | 61820000 | $57.6M | 0.80% | +9.2% |
| 27 | DXCM | DEXCOM INC | 61148000 | $57.1M | 0.79% | +51.3% |
| 28 | BLCO | BAUSCH LOMB CORP | 3441042 | $57.0M | 0.79% | +1.7% |
| 29 | VSAT | VIASAT INC | 630280 | $56.6M | 0.79% | NEW |
| 30 | SATS | ECHOSTAR CORP | 18000001 | $56.3M | 0.78% | — |
| 31 | VAC | MARRIOTT VACATIONS WORLDWIDE CORP | 56893000 | $56.0M | 0.78% | +9.2% |
| 32 | DKNG | DRAFTKINGS INC | 58501000 | $54.5M | 0.76% | +31.9% |
| 33 | CNMD | CONMED CORP | 53645000 | $52.5M | 0.73% | +48.2% |
| 34 | MMYT | MAKEMYTRIP LTD | 983068 | $52.4M | 0.73% | NEW |
| 35 | RIOT | RIOT PLATFORMS INC | 26000000 | $52.3M | 0.73% | -67.4% |
| 36 | TDOC | TELADOC HEALTH INC | 53624000 | $52.3M | 0.73% | +62.2% |
| 37 | BSY | BENTLEY SYSTEMS INC | 54264000 | $52.2M | 0.72% | +15.5% |
| 38 | MATW | MATTHEWS INTERNATIONAL CORP | 1925992 | $51.8M | 0.72% | NEW |
| 39 | XP | XP INC | 3116809 | $50.7M | 0.70% | -1.7% |
| 40 | U | UNITY SOFTWARE INC | 49426000 | $48.6M | 0.67% | +37.5% |
| 41 | FIVN | FIVE9 INC | 53306000 | $47.4M | 0.66% | +145.2% |
| 42 | LYB | LYONDELLBASELL INDUSTRIES NV | 900000 | $47.4M | 0.66% | +80.0% |
| 43 | FOUR-PA | SHIFT4 PAYMENTS INC | 48444000 | $46.3M | 0.64% | +77.6% |
| 44 | YPF | YPF SA | 991346 | $45.1M | 0.63% | +11.8% |
| 45 | TACPF | TRANSALTA CORP | 3000000 | $41.5M | 0.58% | -53.2% |
| 46 | VC | VISTEON CORP | 400000 | $39.7M | 0.55% | NEW |
| 47 | RWAY | RUNWAY GROWTH FINANCE CORP | 7029667 | $39.4M | 0.55% | — |
| 48 | ENOV | ENOVIS CORP | 39207000 | $37.8M | 0.52% | NEW |
| 49 | AMPH | AMPHASTAR PHARMACEUTICALS INC | 40880000 | $37.2M | 0.52% | +7.5% |
| 50 | AFRM | AFFIRM HOLDINGS INC | 34815000 | $34.3M | 0.48% | +201.8% |
| 51 | ARRY | ARRAY TECHNOLOGIES INC | 33985000 | $31.6M | 0.44% | +9.5% |
| 52 | EMBJ | EMBRAER SA | 439706 | $28.1M | 0.39% | -1.8% |
| 53 | SNAP | SNAP INC | 28018000 | $26.7M | 0.37% | +41.9% |
| 54 | AD | ARRAY DIGITAL INFRASTRUCTURE INC | 696858 | $25.3M | 0.35% | -3.8% |
| 55 | KRSP-UN | RICE ACQUISITION CORP 3 | 2400000 | $25.2M | 0.35% | — |
| 56 | SHAZW | SHARONAI HOLDINGS INC | 289456 | $24.5M | 0.34% | +-71.1% |
| 57 | SPB | SPECTRUM BRANDS HOLDINGS INC | 23452000 | $24.5M | 0.34% | -10.2% |
| 58 | TX | TERNIUM SA | 572324 | $24.4M | 0.34% | -1.8% |
| 59 | QMCO | QUANTUM CORP | 2011678 | $22.1M | 0.31% | NEW |
| 60 | WGO | WINNEBAGO INDUSTRIES INC | 20074000 | $18.7M | 0.26% | 114.1% |
| 61 | BSQKZ | BLOCK INC | 17983000 | $17.1M | 0.24% | +63.7% |
| 62 | SNAP | SNAP INC | 17474000 | $16.1M | 0.22% | 191.2% |
| 63 | SMPL | SIMPLY GOOD FOODS CO/THE | 1203889 | $16.0M | 0.22% | +6.6% |
| 64 | COGT | COGENT BIOSCIENCES INC | 11890000 | $14.8M | 0.20% | +16.3% |
| 65 | SGRY | SURGERY PARTNERS INC | 862588 | $14.5M | 0.20% | NEW |
| 66 | BXMT | BLACKSTONE MORTGAGE TRUST INC | 14064000 | $14.1M | 0.20% | +8.5% |
| 67 | UPWK | UPWORK INC | 14154000 | $14.0M | 0.19% | +13.2% |
| 68 | WK | WORKIVA INC | 14970000 | $14.0M | 0.19% | NEW |
| 69 | ETSY | ETSY INC | 11974000 | $13.9M | 0.19% | NEW |
| 70 | RDFN 0.5 04/01/27 | REDFIN CORP | 14041000 | $13.5M | 0.19% | 52.7% |
| 71 | STWD | STARWOOD PROPERTY TRUST INC | 11894933 | $12.1M | 0.17% | NEW |
| 72 | BTDR | BITDEER TECHNOLOGIES GROUP | 750000 | $11.9M | 0.17% | NEW |
| 73 | SNOW | SNOWFLAKE INC | 7147000 | $11.9M | 0.17% | +346.7% |
| 74 | NBRWF | NABORS INDUSTRIES LTD | 11880000 | $11.3M | 0.16% | -26.4% |
| 75 | AVAV | AEROVIRONMENT INC | 11799000 | $11.3M | 0.16% | +14.4% |
| 76 | ITRI | ITRON INC | 11216000 | $11.2M | 0.16% | +8.4% |
| 77 | ZD | ZIFF DAVIS INC | 11230000 | $11.1M | 0.15% | +11.3% |
| 78 | MINE | MAYFAIR GOLD CORP | 4500000 | $11.1M | 0.15% | — |
| 79 | ARWR | ARROWHEAD PHARMACEUTICALS INC | 9146000 | $11.0M | 0.15% | +-17.3% |
| 80 | BMM | BLUE MOON METALS INC | 1685000 | $10.7M | 0.15% | — |
| 81 | NVST | ENVISTA HOLDINGS CORP | 10206000 | $10.3M | 0.14% | -36.1% |
| 82 | NET | CLOUDFLARE INC | 8050000 | $10.2M | 0.14% | NEW |
| 83 | RPD | RAPID7 INC | 10061000 | $9.7M | 0.13% | 503.2% |
| 84 | FRPT | FRESHPET INC | 7913000 | $9.2M | 0.13% | NEW |
| 85 | ATEC | ALPHATEC HOLDINGS INC | 9177000 | $9.1M | 0.13% | NEW |
| 86 | SMRT | SMARTRENT INC | 7505294 | $8.9M | 0.12% | — |
| 87 | UPST | UPSTART HOLDINGS INC | 8312000 | $8.3M | 0.11% | +70.7% |
| 88 | SITM | SITIME CORP | 7300000 | $8.1M | 0.11% | NEW |
| 89 | RWTO | REDWOOD TRUST INC | 7881000 | $8.0M | 0.11% | -4.4% |
| 90 | DASH | DOORDASH INC | 8089000 | $8.0M | 0.11% | NEW |
| 91 | JDCMF | JD.COM INC | 8065000 | $7.9M | 0.11% | +-27.0% |
| 92 | ALRM | ALARM.COM HOLDINGS INC | 8171000 | $7.8M | 0.11% | +710.6% |
| 93 | PMT-PC | PENNYMAC MORTGAGE INVESTMENT TRUST | 7101000 | $7.3M | 0.10% | +78.8% |
| 94 | CRNC | CERENCE INC | 7887000 | $7.2M | 0.10% | +32.7% |
| 95 | CELC | CELCUITY INC | 6250000 | $7.1M | 0.10% | NEW |
| 96 | MX | MAGNACHIP SEMICONDUCTOR CORP | 1500000 | $7.1M | 0.10% | -47.4% |
| 97 | WK | WORKIVA INC | 7100000 | $7.1M | 0.10% | NEW |
| 98 | CBRL | CRACKER BARREL OLD COUNTRY STORE INC | 6708000 | $6.9M | 0.10% | NEW |
| 99 | ETSY | ETSY INC | 7233000 | $6.9M | 0.10% | NEW |
| 100 | PD | PAGERDUTY INC | 7125000 | $6.7M | 0.09% | +20.1% |
| 101 | LILAB | LIBERTY LATIN AMERICA LTD | 839020 | $6.6M | 0.09% | — |
| 102 | SRPT | SAREPTA THERAPEUTICS INC | 6709000 | $6.3M | 0.09% | NEW |
| 103 | LCII | LCI INDUSTRIES | 5650000 | $6.3M | 0.09% | NEW |
| 104 | UBER | UBER TECHNOLOGIES INC | 5400000 | $6.2M | 0.09% | NEW |
| 105 | BILL | BILL HOLDINGS INC | 6330000 | $6.1M | 0.09% | +91.5% |
| 106 | GPRE | GREEN PLAINS INC | 4998000 | $4.9M | 0.07% | — |
| 107 | GLAD | GLADSTONE CAPITAL CORP | 4999000 | $4.8M | 0.07% | +163.4% |
| 108 | MX | MAGNACHIP SEMICONDUCTOR CORP | 1000000 | $4.7M | 0.07% | NEW |
| 109 | STRD | STRATEGY INC | 5451000 | $4.7M | 0.07% | +-54.9% |
| 110 | FE | FIRSTENERGY CORP | 4280000 | $4.7M | 0.06% | NEW |
| 111 | RBRK | RUBRIK INC | 4504000 | $4.6M | 0.06% | NEW |
| 112 | NOG | NORTHERN OIL & GAS INC | 4614000 | $4.4M | 0.06% | +130.7% |
| 113 | BATL | BATTALION OIL CORP | 3009912 | $3.9M | 0.05% | — |
| 114 | DPC | DPC HOLDINGS LTD | 75000 | $3.7M | 0.05% | NEW |
| 115 | RIVN 3.625 10/15/30 | RIVIAN AUTOMOTIVE INC | 3400000 | $3.6M | 0.05% | +161.5% |
| 116 | ZD | ZIFF DAVIS INC | 3496000 | $3.5M | 0.05% | — |
| 117 | TMDX | TRANSMEDICS GROUP INC | 3131000 | $3.4M | 0.05% | NEW |
| 118 | SVC | SERVICE PROPERTIES TRUST | 1988382 | $3.4M | 0.05% | NEW |
| 119 | WEC | WEC ENERGY GROUP INC | 3214000 | $3.3M | 0.05% | NEW |
| 120 | AKAM | AKAMAI TECHNOLOGIES INC | 2631000 | $3.1M | 0.04% | -51.3% |
| 121 | NCLH | NORWEGIAN CRUISE LINE HOLDINGS LTD | 2874000 | $2.8M | 0.04% | NEW |
| 122 | NTNX | NUTANIX INC | 2200000 | $2.5M | 0.03% | -71.1% |
| 123 | MGPI | MGP INGREDIENTS INC | 2515000 | $2.5M | 0.03% | -59.8% |
| 124 | UBER | UBER TECHNOLOGIES INC | 2000000 | $2.4M | 0.03% | — |
| 125 | LYV | LIVE NATION ENTERTAINMENT INC | 1813000 | $2.2M | 0.03% | — |
| 126 | HAE | HAEMONETICS CORP | 2090000 | $2.1M | 0.03% | 149.7% |
| 127 | DDOG | DATADOG INC | 1400000 | $2.0M | 0.03% | -81.8% |
| 128 | BTAI | BIOXCEL THERAPEUTICS INC | 1380248 | $1.9M | 0.03% | 472.3% |
| 129 | NNBR | NN INC | 510943 | $1.8M | 0.03% | NEW |
| 130 | FLR | FLUOR CORP | 1271000 | $1.7M | 0.02% | -7.3% |
| 131 | GRPN | GROUPON INC | 1677000 | $1.7M | 0.02% | NEW |
| 132 | ON | ON SEMICONDUCTOR CORP | 1250000 | $1.5M | 0.02% | NEW |
| 133 | TCMFF | TELECOM ARGENTINA SA | 116105 | $1.5M | 0.02% | -92.8% |
| 134 | RVMDW | REVOLUTION MEDICINES INC | 1150000 | $1.4M | 0.02% | NEW |
| 135 | CXMSF | CEMEX SAB DE CV | 100000 | $1.2M | 0.02% | -96.4% |
| 136 | ALVOW | ALVOTECH SA | 4666667 | $1.1M | 0.01% | — |
| 137 | NEO | NEOGENOMICS INC | 1045000 | $980K | 0.01% | -81.3% |
| 138 | BBAAY | ALIBABA GROUP HOLDING LTD | 750000 | $886K | 0.01% | NEW |
| 139 | SNAP | SNAP INC | 877000 | $873K | 0.01% | +-76.7% |
| 140 | IMCR | IMMUNOCORE HOLDINGS PLC | 833000 | $766K | 0.01% | — |
| 141 | STKL | SUNOPTA INC | 74314 | $406K | 0.01% | +-99.6% |
| 142 | KRSP-UN | RICE ACQUISITION CORP 3 | 399999 | $396K | 0.01% | — |
| 143 | ALVOW | ALVOTECH SA | 97982 | $362K | 0.01% | +-59.2% |
| 144 | SHAK | SHAKE SHACK INC | 270000 | $252K | 0.00% | NEW |
| 145 | OPI | OFFICE PROPERTIES INCOME TRUST/MD | 10851 | $184K | 0.00% | NEW |