Investor profile · Q1 2026 13F

Howard Marks’s Portfolio

Co-founder & Co-chairman · Oaktree Capital Management

Co-founded Oaktree in 1995 and made it the reference name in distressed debt. His memos on market cycles and risk are required reading across the industry.

Portfolio value
$6.56B
Holdings
147
Last 13F filed
May 20, 2026
Report quarter
Q1 2026

Top holdings

1Torm Plc$675.08M10.3%2EXEExpand Energy Corp$574.97M8.8%3QQQInvesco Qqq Trust Series 1$328.99M5.0%4Anglogold Ashanti Plc$313.80M4.8%5GTXGarrett Motion Inc$265.19M4.0%6Indivior Pharmaceuticals Inc$212.88M3.2%7CORZCore Scientific Inc$192.25M2.9%8XOPState Street Spdr S&P Oil & Gas Exploration & Production Etf$181.83M2.8%9TDSTelephone And Data Systems Inc$180.70M2.8%10VNOMViper Energy Inc$178.16M2.7%
Full holdings, history & AI analysis on the Oaktree Capital Management page →

Data source: Oaktree Capital Management’s SEC Form 13F-HR filings, most recently filed May 20, 2026. 13F filings disclose long U.S. equity positions only, with up to a 45-day lag. How we process this data →