What Howard Marks Bought in Q4 2024
Oaktree Capital Management · Quarterly 13F recap as filed with the SEC.
Period: 2024-12-31 · Filed · Historical
$5.64B
Total Value
165
Holdings
26
New Buys
63
Reduced
In Q4 2024, Howard Marks reported 165 long equity positions worth $5.64B in their Oaktree Capital Management 13F filing, including 26 new positions (largest: VISTRA CORP at $91.0M) and 45 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | TRMD | TORM PLC | 40581120 | $779.9M | 13.84% | — |
| 2 | EXE | Expand Energy Corp | 6937364 | $690.6M | 12.26% | +1.0% |
| 3 | GTX | GARRETT MOTION INC | 44082816 | $398.1M | 7.06% | — |
| 4 | STR | SITIO ROYALTIES CORP | 12935120 | $248.1M | 4.40% | — |
| 5 | SPY | SPDR S&P 500 ETF | 320000 | $187.5M | 3.33% | -19.0% |
| 6 | INFNEUR | INFINERA CORP | 25175384 | $165.4M | 2.94% | — |
| 7 | STKL | SUNOPTA INC | 20726126 | $159.4M | 2.83% | — |
| 8 | AU | ANGLOGOLD ASHANTI PLC | 5557551 | $128.3M | 2.28% | -1.8% |
| 9 | VSOGF | VISTA ENERGY SAB DE CV | 2293561 | $124.1M | 2.20% | -8.4% |
| 10 | RWAY | RUNWAY GROWTH FINANCE CORP | 10779667 | $118.1M | 2.10% | — |
| 11 | INDV | INDIVIOR PLC | 8733548 | $112.0M | 1.99% | -8.3% |
| 12 | CRC | CALIFORNIA RESOURCES CORP | 2046753 | $106.2M | 1.88% | — |
| 13 | LBTYK | LIBERTY GLOBAL LTD | 7204190 | $91.9M | 1.63% | +20.6% |
| 14 | VST | VISTRA CORP | 660000 | $91.0M | 1.61% | NEW |
| 15 | CBL | CBL & ASSOCIATES PROPERTIES INC | 3005126 | $88.4M | 1.57% | -25.0% |
| 16 | CXMSF | CEMEX SAB DE CV | 14589032 | $82.3M | 1.46% | -0.7% |
| 17 | SBLK | STAR BULK CARRIERS CORP | 5373631 | $80.3M | 1.43% | -5.9% |
| 18 | TLN | TALEN ENERGY CORP | 396624 | $79.9M | 1.42% | -43.1% |
| 19 | KRC | KILROY REALTY CORP | 1850011 | $74.8M | 1.33% | — |
| 20 | FCX | Freeport-McMoRan | 1763003 | $67.1M | 1.19% | -27.3% |
| 21 | VALE | VALE SA | 7192005 | $63.8M | 1.13% | -12.3% |
| 22 | SNNRF | SUNRISE COMMUNICATIONS AG/OLD | 1440836 | $62.1M | 1.10% | NEW |
| 23 | TRPCF | TRIP.COM GROUP LTD | 717222 | $49.2M | 0.87% | -9.4% |
| 24 | JD | JD.COM INC | 1409952 | $48.9M | 0.87% | -19.9% |
| 25 | TLN | TALEN ENERGY CORP | 240000 | $48.4M | 0.86% | NEW |
| 26 | CHRS 1.5 04/15/26 | COHERUS BIOSCIENCES INC | 49030000 | $47.7M | 0.85% | +6.5% |
| 27 | NOVAQ | SUNNOVA ENERGY INTERNATIONAL INC | 73903000 | $44.5M | 0.79% | +26.0% |
| 28 | PBR | PETROLEO BRASILEIRO SA | 3352724 | $43.1M | 0.77% | -17.6% |
| 29 | CABO | CABLE ONE INC | 46137000 | $43.0M | 0.76% | +11.1% |
| 30 | YUMC | YUM CHINA HOLDINGS INC | 877830 | $42.3M | 0.75% | -10.1% |
| 31 | PEB-PH | PEBBLEBROOK HOTEL TRUST | 41128000 | $38.4M | 0.68% | +88.2% |
| 32 | PWR | QUANTA SERVICES INC | 120000 | $37.9M | 0.67% | NEW |
| 33 | HTHT | H WORLD GROUP LTD | 1145269 | $37.8M | 0.67% | -1.9% |
| 34 | JBLU | JETBLUE AIRWAYS CORP | 39943000 | $37.2M | 0.66% | +132.8% |
| 35 | INFY | INFOSYS LTD | 1677679 | $36.8M | 0.65% | -2.0% |
| 36 | BMA | BANCO MACRO SA | 378625 | $36.6M | 0.65% | -18.5% |
| 37 | NTES | NETEASE INC | 399694 | $35.7M | 0.63% | +71.8% |
| 38 | 0E41 | ENLINK MIDSTREAM LLC | 2499111 | $35.4M | 0.63% | -1.0% |
| 39 | TCMFF | TELECOM ARGENTINA SA | 2799263 | $35.2M | 0.63% | -9.1% |
| 40 | GH | GUARDANT HEALTH INC | 38535000 | $32.5M | 0.58% | +78.6% |
| 41 | HOUS 0.25 06/15/26 | ANYWHERE REAL ESTATE INC | 36476000 | $32.4M | 0.58% | -1.8% |
| 42 | OCSL | OAKTREE SPECIALTY LENDING CORP | 1852456 | $28.3M | 0.50% | — |
| 43 | PDD | PDD HOLDINGS INC | 277767 | $26.9M | 0.48% | -1.9% |
| 44 | ALVOW | ALVOTECH SA | 1925705 | $25.5M | 0.45% | -23.9% |
| 45 | BZ | KANZHUN LTD | 1762631 | $24.3M | 0.43% | -12.4% |
| 46 | TX | TERNIUM SA | 828309 | $24.1M | 0.43% | -2.0% |
| 47 | TGS | TRANSPORTADORA DE GAS DEL SUR SA | 794183 | $23.2M | 0.41% | -14.0% |
| 48 | UNIT | UNITI GROUP INC | 3397592 | $18.7M | 0.33% | — |
| 49 | NOVAQ | SUNNOVA ENERGY INTERNATIONAL INC | 47819000 | $18.2M | 0.32% | NEW |
| 50 | OPTU | ALTICE USA INC | 7500000 | $18.1M | 0.32% | — |
| 51 | PCG 4.25 12/01/27 | PG&E CORP | 15275000 | $16.6M | 0.30% | NEW |
| 52 | ASND | ASCENDIS PHARMA A/S | 14502000 | $16.0M | 0.28% | +17.2% |
| 53 | ABX | BARRICK GOLD CORP | 1015063 | $15.7M | 0.28% | NEW |
| 54 | BRY | BERRY CORP | 3697000 | $15.3M | 0.27% | — |
| 55 | ALVOW | ALVOTECH SA | 4666667 | $14.5M | 0.26% | — |
| 56 | ATEC | ALPHATEC HOLDINGS INC | 15000000 | $14.2M | 0.25% | — |
| 57 | ETSY | ETSY INC | 16954000 | $13.9M | 0.25% | 117.9% |
| 58 | SO 3.875 12/15/25 | SOUTHERN CO/THE | 12686000 | $13.3M | 0.24% | +15.2% |
| 59 | SMRT | SMARTRENT INC | 7505294 | $13.1M | 0.23% | — |
| 60 | ONIT | ONITY GROUP INC | 410429 | $12.6M | 0.22% | -9.0% |
| 61 | AKAM | AKAMAI TECHNOLOGIES INC | 11889000 | $12.0M | 0.21% | 21.6% |
| 62 | UBER | UBER TECHNOLOGIES INC | 10549000 | $11.7M | 0.21% | NEW |
| 63 | PAM | PAMPA ENERGIA SA | 131086 | $11.5M | 0.20% | -35.7% |
| 64 | NCLH | NORWEGIAN CRUISE LINE HOLDINGS LTD | 11059000 | $11.5M | 0.20% | 53.1% |
| 65 | MX | MAGNACHIP SEMICONDUCTOR CORP | 2849858 | $11.5M | 0.20% | — |
| 66 | TVTX | TRAVERE THERAPEUTICS INC | 11500000 | $11.0M | 0.20% | -61.7% |
| 67 | DQ | DAQO NEW ENERGY CORP | 551007 | $10.7M | 0.19% | -8.9% |
| 68 | FOUR-PA | SHIFT4 PAYMENTS INC | 9910000 | $10.7M | 0.19% | NEW |
| 69 | HWLDF | H WORLD GROUP LTD | 9749000 | $10.4M | 0.18% | +-3.0% |
| 70 | BHC | BAUSCH HEALTH COS INC | 1270000 | $10.2M | 0.18% | — |
| 71 | SRPT | SAREPTA THERAPEUTICS INC | 8802000 | $9.7M | 0.17% | +34.9% |
| 72 | BAK | BRASKEM SA | 2491792 | $9.6M | 0.17% | — |
| 73 | CMS-PC | CMS ENERGY CORP | 9138000 | $9.5M | 0.17% | +52.8% |
| 74 | FWONB | LIBERTY MEDIA CORP-LIBERTY FORMULA ONE | 7515000 | $9.2M | 0.16% | +-31.5% |
| 75 | PPL | PPL CORP | 8499000 | $8.9M | 0.16% | +89.2% |
| 76 | SHAK | SHAKE SHACK INC | 8556000 | $8.8M | 0.16% | +1.0% |
| 77 | ZTO 1.5 09/01/27 | ZTO EXPRESS CAYMAN INC | 8843000 | $8.8M | 0.16% | +-25.2% |
| 78 | TPICQ | TPI COMPOSITES INC | 4610003 | $8.7M | 0.15% | — |
| 79 | UPST | UPSTART HOLDINGS INC | 9502000 | $8.6M | 0.15% | +64.3% |
| 80 | WK | WORKIVA INC | 7962000 | $8.5M | 0.15% | NEW |
| 81 | CYTK | CYTOKINETICS INC | 6988000 | $8.3M | 0.15% | +311.1% |
| 82 | EXEEL | EXPAND ENERGY CORP | 95294 | $8.2M | 0.15% | NEW |
| 83 | AEIS | ADVANCED ENERGY INDUSTRIES INC | 7122000 | $7.8M | 0.14% | -9.3% |
| 84 | DOCN | DIGITALOCEAN HOLDINGS INC | 8609000 | $7.7M | 0.14% | +7.7% |
| 85 | AG | FIRST MAJESTIC SILVER CORP | 8479000 | $7.7M | 0.14% | +-43.8% |
| 86 | ZD | ZIFF DAVIS INC | 7921000 | $7.4M | 0.13% | +10.9% |
| 87 | TTEK | TETRA TECH INC | 6311000 | $7.4M | 0.13% | +3.7% |
| 88 | CNMD | CONMED CORP | 7919000 | $7.4M | 0.13% | +1062.8% |
| 89 | IART | INTEGRA LIFESCIENCES HOLDINGS CORP | 7572000 | $7.3M | 0.13% | +147.3% |
| 90 | SNAP | SNAP INC | 8800000 | $7.2M | 0.13% | -0.5% |
| 91 | SE | SEA LTD | 7918000 | $7.2M | 0.13% | +10.7% |
| 92 | 91854V206 | VACASA INC | 1375448 | $6.7M | 0.12% | — |
| 93 | TDOC | TELADOC HEALTH INC | 7574000 | $6.6M | 0.12% | +13.5% |
| 94 | W | WAYFAIR INC | 6883000 | $6.6M | 0.12% | NEW |
| 95 | LBTYK | LIBERTY GLOBAL LTD | 500000 | $6.4M | 0.11% | — |
| 96 | NVST | ENVISTA HOLDINGS CORP | 6531000 | $5.9M | 0.10% | NEW |
| 97 | HDB | HDFC BANK LTD | 89697 | $5.7M | 0.10% | +66.0% |
| 98 | FLR | FLUOR CORP | 4405000 | $5.6M | 0.10% | -34.4% |
| 99 | MLAB | MESA LABORATORIES INC | 5507000 | $5.4M | 0.10% | -22.9% |
| 100 | CPNG | COUPANG INC | 241544 | $5.3M | 0.09% | NEW |
| 101 | BATL | BATTALION OIL CORP | 3009912 | $5.2M | 0.09% | — |
| 102 | HAE | HAEMONETICS CORP | 5350000 | $5.1M | 0.09% | -18.8% |
| 103 | MTN | VAIL RESORTS INC | 5277000 | $5.0M | 0.09% | +270.3% |
| 104 | GMED 0.375 03/15/25 | NUVASIVE INC | 4913000 | $4.9M | 0.09% | -27.7% |
| 105 | BXMT | BLACKSTONE MORTGAGE TRUST INC | 5025000 | $4.9M | 0.09% | +14.8% |
| 106 | PMT-PC | PENNYMAC MORTGAGE INVESTMENT TRUST | 4769000 | $4.7M | 0.08% | +5.9% |
| 107 | RWTO | REDWOOD TRUST INC | 4710000 | $4.7M | 0.08% | -40.3% |
| 108 | WIX | WIX.COM LTD | 4827000 | $4.7M | 0.08% | +12.2% |
| 109 | SSRGF | SSR MINING INC | 4821000 | $4.7M | 0.08% | +58.6% |
| 110 | EB 0.75 09/15/26 | EVENTBRITE INC | 5177000 | $4.6M | 0.08% | +69.1% |
| 111 | PCRX | PACIRA BIOSCIENCES INC | 4620000 | $4.5M | 0.08% | -28.9% |
| 112 | FVRR | FIVERR INTERNATIONAL LTD | 4698000 | $4.5M | 0.08% | -4.2% |
| 113 | AFRM | AFFIRM HOLDINGS INC | 4820000 | $4.4M | 0.08% | -7.2% |
| 114 | SPOT | SPOTIFY TECHNOLOGY SA | 4000000 | $4.3M | 0.08% | NEW |
| 115 | BAND | BANDWIDTH INC | 5163000 | $4.1M | 0.07% | -26.0% |
| 116 | EYE | NATIONAL VISION HOLDINGS INC | 4132000 | $4.1M | 0.07% | -13.3% |
| 117 | NMFCZ | NEW MOUNTAIN FINANCE CORP | 3968000 | $4.0M | 0.07% | -40.2% |
| 118 | EZPW | EZCORP INC | 3975000 | $4.0M | 0.07% | — |
| 119 | PEGA | PEGASYSTEMS INC | 3787000 | $3.8M | 0.07% | -48.2% |
| 120 | INSM | INSMED INC | 1642000 | $3.6M | 0.06% | — |
| 121 | MESO | MESOBLAST LTD | 179593 | $3.6M | 0.06% | NEW |
| 122 | ALRM | ALARM.COM HOLDINGS INC | 3539000 | $3.4M | 0.06% | -16.8% |
| 123 | CHGG | CHEGG INC | 3419000 | $3.3M | 0.06% | -38.6% |
| 124 | BBIO | BRIDGEBIO PHARMA INC | 3798000 | $3.3M | 0.06% | +59.4% |
| 125 | NEO | NEOGENOMICS INC | 3809000 | $3.2M | 0.06% | +5.6% |
| 126 | MGNI | MAGNITE INC | 3403000 | $3.2M | 0.06% | — |
| 127 | UPWK | UPWORK INC | 3420000 | $3.2M | 0.06% | -28.0% |
| 128 | MARA | MARA HOLDINGS INC | 3443000 | $3.1M | 0.06% | -45.3% |
| 129 | VAC | MARRIOTT VACATIONS WORLDWIDE CORP | 3268000 | $3.1M | 0.05% | NEW |
| 130 | OKTA | OKTA INC | 3077000 | $3.0M | 0.05% | -9.6% |
| 131 | W | WAYFAIR INC | 2685000 | $2.9M | 0.05% | +91.8% |
| 132 | ARRY | ARRAY TECHNOLOGIES INC | 3895000 | $2.8M | 0.05% | +23.8% |
| 133 | GPRE | GREEN PLAINS INC | 3310000 | $2.8M | 0.05% | NEW |
| 134 | TWOD | TWO HARBORS INVESTMENT CORP | 2660000 | $2.6M | 0.05% | -44.4% |
| 135 | BSQKZ | BLOCK INC | 2701000 | $2.5M | 0.04% | -15.0% |
| 136 | BSY | BENTLEY SYSTEMS INC | 2500000 | $2.4M | 0.04% | — |
| 137 | REAL 1 03/01/28 | REALREAL INC/THE | 3099000 | $2.4M | 0.04% | +91.8% |
| 138 | U | UNITY SOFTWARE INC | 2601000 | $2.4M | 0.04% | +27.3% |
| 139 | NIOIF | NIO INC | 2324000 | $2.3M | 0.04% | — |
| 140 | GRPN | GROUPON INC | 2450000 | $2.3M | 0.04% | +18.1% |
| 141 | RGEN | REPLIGEN CORP | 2200000 | $2.3M | 0.04% | NEW |
| 142 | CDLX | CARDLYTICS INC | 2415000 | $2.2M | 0.04% | -24.7% |
| 143 | ENPH | ENPHASE ENERGY INC | 2301000 | $2.2M | 0.04% | NEW |
| 144 | NEO | NEOGENOMICS INC | 2076000 | $2.1M | 0.04% | NEW |
| 145 | LITE | LUMENTUM HOLDINGS INC | 2000000 | $1.9M | 0.03% | -51.0% |
| 146 | RDFN 0.5 04/01/27 | REDFIN CORP | 2409000 | $1.9M | 0.03% | -21.4% |
| 147 | EGHT 4 02/01/28 | 8X8 INC | 2068000 | $1.8M | 0.03% | -49.4% |
| 148 | RWTO | REDWOOD TRUST INC | 1801000 | $1.8M | 0.03% | -7.8% |
| 149 | POST | POST HOLDINGS INC | 1300000 | $1.5M | 0.03% | — |
| 150 | TMDX | TRANSMEDICS GROUP INC | 1400000 | $1.4M | 0.03% | NEW |
| 151 | ABNB | AIRBNB INC | 1533000 | $1.4M | 0.03% | — |
| 152 | ALNY | ALNYLAM PHARMACEUTICALS INC | 1350000 | $1.4M | 0.03% | -25.0% |
| 153 | VAC | MARRIOTT VACATIONS WORLDWIDE CORP | 1461000 | $1.4M | 0.02% | — |
| 154 | ON | ON SEMICONDUCTOR CORP | 1448000 | $1.4M | 0.02% | -77.5% |
| 155 | BSQKZ | BLOCK INC | 1507000 | $1.3M | 0.02% | NEW |
| 156 | CBRL | CRACKER BARREL OLD COUNTRY STORE INC | 1376000 | $1.3M | 0.02% | -44.1% |
| 157 | INN-PF | SUMMIT HOTEL PROPERTIES INC | 1182000 | $1.1M | 0.02% | -48.6% |
| 158 | TREE | LENDINGTREE INC | 1136000 | $1.1M | 0.02% | -66.5% |
| 159 | TVTX | TRAVERE THERAPEUTICS INC | 1033000 | $1.0M | 0.02% | NEW |
| 160 | FIVN | FIVE9 INC | 724000 | $704K | 0.01% | +-74.9% |
| 161 | NIOIF | NIO INC | 932000 | $688K | 0.01% | +-23.3% |
| 162 | HCAT | HEALTH CATALYST INC | 578000 | $570K | 0.01% | NEW |
| 163 | RIVN 4.625 03/15/29 | RIVIAN AUTOMOTIVE INC | 517000 | $522K | 0.01% | NEW |
| 164 | ABR-PF | ARBOR REALTY TRUST INC | 444000 | $444K | 0.01% | +-74.6% |
| 165 | ECDA | ECD AUTOMOTIVE DESIGN INC | 75000 | $72K | 0.00% | — |