OAKTREE CAPITAL MANAGEMENT LP
Distressed-debt pioneer famous for his widely-read investor memos.
13F Reported Value
ⓘ$7.2B
incl. option notional
Equity Holdings
ⓘ$5.3B
Option Notional
ⓘ$1.9B
$1.8B puts / $144.6M calls
Holdings
145
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
OAKTREE CAPITAL MANAGEMENT LP disclosed 145 positions worth $7.2B in its Form 13F-HR for Q2 2026 — $5.3B in common stock plus $1.9B of put/call option positions (reported at underlying notional value, not premium at risk), led by $SPY (SPDR S&P 500 ETF TRUST) puts, followed by $QQQ and $TRMD. During the quarter the fund opened 40 new positions and exited 39 — including a new stake in $SPY. The portfolio is most concentrated in Industrials (22.4% of disclosed assets). All figures are sourced directly from OAKTREE CAPITAL MANAGEMENT LP’s Form 13F-HR filing with the SEC under CIK 949509.
AI Fund Analysis
Stable
$TRMD
$EXE
$GTX
$AU
$TDS
$ETSY
$SE
$ENPH
$BMRNSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- —
Quality
$1.0B1,355,000 sh - $651.7M885,000 sh
- —
Quality
$524.3M20,329,874 sh - 80.8
Quality
$477.6M5,237,477 sh - 56.8
Quality
$275.2M7,594,816 sh - —
Quality
$257.2M3,179,092 sh - 58.5
Quality
$251.4M6,127,212 sh - 42.3
Quality
$195.5M5,282,905 sh - 71.8
Quality
$160.8M3,791,432 sh - 14.1
Quality
$128.0M5,000,000 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 SPDR S&P 500 ETF TRUST$SPYPUT | — | $1.0B | 1,355,000 |
 INVESCO QQQ TRUST, SERIES 1$QQQPUT | — | $651.7M | 885,000 |
| TORM plc$TRMD | — | $524.3M | 20,329,874 |
| EXPAND ENERGY Corp$EXE | 80.8 | $477.6M | 5,237,477 |
| Garrett Motion Inc.$GTX | 56.8 | $275.2M | 7,594,816 |
| AngloGold Ashanti PLC$AU | — | $257.2M | 3,179,092 |
 Indivior Pharmaceuticals, Inc.$INDV | 58.5 | $251.4M | 6,127,212 |
| TELEPHONE & DATA SYSTEMS INC /DE/$TDS | 42.3 | $195.5M | 5,282,905 |
 Viper Energy, Inc.$VNOM | 71.8 | $160.8M | 3,791,432 |
 Core Scientific, Inc./tx$CORZCALL | 14.1 | $128.0M | 5,000,000 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of OAKTREE CAPITAL MANAGEMENT LP's 145 positions.
Showing top 10 of 145 holdings.
Sector Allocation
Industrials
$1.2B
Energy
$703.1M
Healthcare
$643.6M
Communication Services
$570.8M
Materials
$558.3M
Technology
$477.8M
Financials
$401.5M
Other
$301.0M
Full Holdings — OAKTREE CAPITAL MANAGEMENT LP (Q2 2026)
All 145 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $SPYPUT | SPDR S&P 500 ETF TRUST | $1.0B | — | NEW | — |
| 2 | $QQQPUT | INVESCO QQQ TRUST, SERIES 1 | $651.7M | — | +55% | — |
| 3 | $TRMD | TORM plc | $524.3M | 9.9% | -15% | — |
| 4 | $EXE | EXPAND ENERGY Corp | $477.6M | 9.0% | +0% | 80.8 |
| 5 | $GTX | Garrett Motion Inc. | $275.2M | 5.2% | -48% | 56.8 |
| 6 | $AU | AngloGold Ashanti PLC | $257.2M | 4.8% | -1% | — |
| 7 | $INDV | Indivior Pharmaceuticals, Inc. | $251.4M | 4.7% | NEW | 58.5 |
| 8 | $TDS | TELEPHONE & DATA SYSTEMS INC /DE/ | $195.5M | 3.7% | +23% | 42.3 |
| 9 | $VNOM | Viper Energy, Inc. | $160.8M | 3.0% | +0% | 71.8 |
| 10 | $CORZCALL | Core Scientific, Inc./tx | $128.0M | — | +43% | 14.1 |
| 11 | $CORZ | Core Scientific, Inc./tx | $127.8M | 2.4% | -47% | 14.1 |
| 12 |  $TLN | Talen Energy Corp | $127.2M | 2.4% | +0% | 57.2 |
| 13 |  $B | BARRICK MINING CORP | $117.8M | 2.2% | +22% | 69.6 |
| 14 |  $ITUB | Itau Unibanco Holding S.A. | $97.9M | 1.8% | -2% | — |
| 15 |  $LBTYA | Liberty Global Ltd. | $97.2M | 1.8% | +0% | — |
| 16 |  $OCSL | Oaktree Specialty Lending Corp | $94.0M | 1.8% | +325% | — |
| 17 |  $FCX | FREEPORT-MCMORAN INC | $75.5M | 1.4% | -2% | 62 |
| 18 |  $AERO | Grupo Aeromexico, S.A.B. de C.V. | $71.4M | 1.4% | +0% | — |
| 19 |  $KRC | KILROY REALTY CORP | $69.3M | 1.3% | +0% | 56.1 |
| 20 |  $PEB | Pebblebrook Hotel Trust | $63.1M | 1.2% | +10% | 48.3 |
| 21 | $BMRN | BIOMARIN PHARMACEUTICAL INC | $62.4M | 1.2% | +14% | 58.2 |
| 22 | $SE | Sea Ltd | $62.1M | 1.2% | +31% | — |
| 23 | $ETSY | ETSY INC | $61.2M | 1.1% | +9% | 61.2 |
| 24 | $SE | Sea Ltd | $60.9M | 1.1% | NEW | — |
| 25 |  $LILA | Liberty Latin America Ltd. | $58.9M | 1.1% | +31% | — |
| 26 | $ENPH | Enphase Energy, Inc. | $57.6M | 1.1% | +9% | 42.9 |
| 27 |  $DXCM | DEXCOM INC | $57.1M | 1.1% | +51% | 76 |
| 28 |  $BLCO | Bausch & Lomb Corp | $57.0M | 1.1% | +2% | 51.2 |
| 29 |  $VSAT | VIASAT INC | $56.6M | 1.1% | NEW | 58.8 |
| 30 |  $ECHO | EchoStar CORP | $56.3M | 1.1% | +0% | 32.8 |
| 31 | — | MARRIOTT VACATIONS WORLDWIDE CORP - CONVERTIBLE BOND | $56.0M | 1.1% | +9% | — |
| 32 |  $DKNG | DraftKings Inc. | $54.5M | 1.0% | +32% | 60.4 |
| 33 |  $CNMD | CONMED Corp | $52.5M | 1.0% | +48% | 48.7 |
| 34 |  $MMYT | MakeMyTrip Ltd | $52.4M | 1.0% | NEW | — |
| 35 |  $RIOT | Riot Platforms, Inc. | $52.3M | 1.0% | -67% | 38.3 |
| 36 |  $TDOC | Teladoc Health, Inc. | $52.3M | 1.0% | +62% | 40.8 |
| 37 |  $BSY | BENTLEY SYSTEMS INC | $52.2M | 1.0% | +15% | 67.9 |
| 38 |  $MATW | MATTHEWS INTERNATIONAL CORP | $51.8M | 1.0% | NEW | 25.8 |
| 39 |  $XP | XP Inc. | $50.7M | 0.9% | -2% | — |
| 40 |  $U | Unity Software Inc. | $48.6M | 0.9% | +38% | 38.9 |
| 41 |  $FIVN | Five9, Inc. | $47.4M | 0.9% | +145% | 59.7 |
| 42 |  $LYBPUT | LyondellBasell Industries N.V. | $47.4M | — | +80% | — |
| 43 |  $FOUR | Shift4 Payments, Inc. | $46.3M | 0.9% | +78% | 62.5 |
| 44 |  $YPF | YPF SOCIEDAD ANONIMA | $45.1M | 0.8% | +12% | — |
| 45 |  $TAC | TRANSALTA CORP | $41.5M | 0.8% | -53% | — |
| 46 |  $VCPUT | VISTEON CORP | $39.7M | — | NEW | 46 |
| 47 |  $RWAY | Runway Growth Finance Corp. | $39.4M | 0.7% | +0% | — |
| 48 |  $ENOV | Enovis CORP | $37.8M | 0.7% | NEW | 39.5 |
| 49 | — | AMPHASTAR PHARMACEUTICALS INC - CONVERTIBLE BOND | $37.2M | 0.7% | +7% | — |
| 50 |  $AFRM | Affirm Holdings, Inc. | $34.3M | 0.7% | +202% | 81.3 |
| 51 |  $ARRY | Array Technologies, Inc. | $31.6M | 0.6% | +9% | 40.2 |
| 52 |  $EMBJ | EMBRAER S.A. | $28.1M | 0.5% | -2% | — |
| 53 |  $SNAP | Snap Inc | $26.7M | 0.5% | +42% | 56.2 |
| 54 |  $AD | ARRAY DIGITAL INFRASTRUCTURE, INC. | $25.3M | 0.5% | -4% | 34.8 |
| 55 |  $KRSP | Rice Acquisition Corp 3 | $25.2M | 0.5% | +0% | — |
| 56 |  $SHAZ | SharonAI Holdings Inc. | $24.5M | 0.5% | NEW | 44.5 |
| 57 |  $SPB | Spectrum Brands Holdings, Inc. | $24.5M | 0.5% | -10% | 48.7 |
| 58 |  $TX | Ternium S.A. | $24.4M | 0.5% | -2% | — |
| 59 |  $QMCO | QUANTUM CORP /DE/ | $22.1M | 0.4% | NEW | 26.2 |
| 60 |  $WGO | WINNEBAGO INDUSTRIES INC | $18.7M | 0.3% | +114% | 46.8 |
| 61 |  $XYZ | Block, Inc. | $17.1M | 0.3% | +64% | 51.8 |
| 62 | $SNAP | Snap Inc | $16.1M | 0.3% | +191% | 56.2 |
| 63 |  $SMPL | Simply Good Foods Co | $16.0M | 0.3% | +7% | 35.3 |
| 64 |  $COGT | Cogent Biosciences, Inc. | $14.8M | 0.3% | +16% | — |
| 65 |  $SGRY | Surgery Partners, Inc. | $14.5M | 0.3% | NEW | 53.1 |
| 66 |  $BXMT | BLACKSTONE MORTGAGE TRUST, INC. | $14.1M | 0.3% | +9% | 41.1 |
| 67 |  $UPWK | UPWORK, INC | $14.0M | 0.3% | +13% | 56.8 |
| 68 |  $WK | WORKIVA INC | $14.0M | 0.3% | NEW | 65.4 |
| 69 | $ETSY | ETSY INC | $13.9M | 0.3% | NEW | 61.2 |
| 70 | — | REDFIN CORP - CONVERTIBLE BOND | $13.5M | 0.3% | +53% | — |
| 71 |  $STWD | STARWOOD PROPERTY TRUST, INC. | $12.1M | 0.2% | NEW | 68.4 |
| 72 |  $BTDRCALL | Bitdeer Technologies Group | $11.9M | — | NEW | — |
| 73 |  $SNOW | Snowflake Inc. | $11.9M | 0.2% | +347% | 54.9 |
| 74 |  $NBR | NABORS INDUSTRIES LTD | $11.3M | 0.2% | -26% | — |
| 75 |  $AVAV | AeroVironment Inc | $11.3M | 0.2% | +14% | 42 |
| 76 |  $ITRI | ITRON, INC. | $11.2M | 0.2% | +8% | 55.8 |
| 77 |  $ZD | ZIFF DAVIS, INC. | $11.1M | 0.2% | +11% | 64.3 |
| 78 |  $MINE | MAYFAIR GOLD CORP. | $11.1M | 0.2% | NEW | — |
| 79 | — | ARROWHEAD PHARMACEUTICALS INC - CONVERTIBLE BOND | $11.0M | 0.2% | NEW | — |
| 80 |  $BMM | Blue Moon Metals Inc. | $10.7M | 0.2% | NEW | — |
| 81 |  $NVST | Envista Holdings Corp | $10.3M | 0.2% | -36% | 54.9 |
| 82 | — | CLOUDFLARE INC - CONVERTIBLE BOND | $10.2M | 0.2% | NEW | — |
| 83 |  $RPD | Rapid7, Inc. | $9.7M | 0.2% | +503% | 48.3 |
| 84 |  $FRPT | Freshpet, Inc. | $9.2M | 0.2% | NEW | 61.1 |
| 85 |  $ATEC | Alphatec Holdings, Inc. | $9.1M | 0.2% | NEW | 43.3 |
| 86 |  $SMRT | SmartRent, Inc. | $8.9M | 0.2% | +0% | 22.9 |
| 87 |  $UPST | Upstart Holdings, Inc. | $8.3M | 0.2% | +71% | 61.7 |
| 88 |  $SITM | SITIME Corp | $8.1M | 0.1% | NEW | 66.1 |
| 89 |  $RWT | REDWOOD TRUST INC | $8.0M | 0.1% | -4% | — |
| 90 | — | DOORDASH INC - CONVERTIBLE BOND | $8.0M | 0.1% | NEW | — |
| 91 |  $JD | JD.com, Inc. | $7.9M | 0.1% | -27% | — |
| 92 |  $ALRM | Alarm.com Holdings, Inc. | $7.8M | 0.1% | +711% | 57.1 |
| 93 | — | PENNYMAC MORTGAGE INVESTMENT TRUST - CONVERTIBLE BOND | $7.3M | 0.1% | +79% | — |
| 94 |  $CRNC | Cerence Inc. | $7.2M | 0.1% | +33% | 40.9 |
| 95 |  $CELC | Celcuity Inc. | $7.1M | 0.1% | +942% | — |
| 96 |  $MX | MAGNACHIP SEMICONDUCTOR Corp | $7.1M | 0.1% | -47% | 20.9 |
| 97 | $WK | WORKIVA INC | $7.1M | 0.1% | NEW | 65.4 |
| 98 | — | CRACKER BARREL OLD COUNTRY STORE INC - CONVERTIBLE BOND | $6.9M | 0.1% | NEW | — |
| 99 | $ETSY | ETSY INC | $6.9M | 0.1% | NEW | 61.2 |
| 100 |  $PD | PagerDuty, Inc. | $6.7M | 0.1% | +20% | 60.4 |
| 101 | $LILA | Liberty Latin America Ltd. | $6.6M | 0.1% | +0% | — |
| 102 |  $SRPT | Sarepta Therapeutics, Inc. | $6.3M | 0.1% | NEW | 47.3 |
| 103 | — | LCI INDUSTRIES - CONVERTIBLE BOND | $6.3M | 0.1% | NEW | — |
| 104 |  $UBER | Uber Technologies, Inc | $6.2M | 0.1% | NEW | 73.5 |
| 105 |  $BILL | BILL Holdings, Inc. | $6.1M | 0.1% | +91% | 56 |
| 106 |  $GPRE | Green Plains Inc. | $4.9M | 0.1% | +0% | 47.8 |
| 107 |  $GLAD | GLADSTONE CAPITAL CORP | $4.8M | 0.1% | +163% | — |
| 108 | $MXCALL | MAGNACHIP SEMICONDUCTOR Corp | $4.7M | — | NEW | 20.9 |
| 109 |  $MSTR | Strategy Inc | $4.7M | 0.1% | -55% | 17.9 |
| 110 |  $FE | FIRSTENERGY CORP | $4.7M | 0.1% | NEW | 61.5 |
| 111 |  $RBRK | Rubrik, Inc. | $4.6M | 0.1% | NEW | 56.6 |
| 112 |  $NOG | NORTHERN OIL & GAS, INC. | $4.4M | 0.1% | +131% | 48 |
| 113 |  $BATL | BATTALION OIL CORP | $3.9M | 0.1% | +0% | 25.4 |
| 114 |  $DPC | DPC Holdings PLC | $3.7M | 0.1% | NEW | — |
| 115 | — | RIVIAN AUTOMOTIVE INC - CONVERTIBLE BOND | $3.6M | 0.1% | +162% | — |
| 116 | $ZD | ZIFF DAVIS, INC. | $3.5M | 0.1% | +0% | 64.3 |
| 117 |  $TMDX | TransMedics Group, Inc. | $3.4M | 0.1% | NEW | 67.2 |
| 118 |  $SVC | Service Properties Trust | $3.4M | 0.1% | NEW | 35.7 |
| 119 |  $WEC | WEC ENERGY GROUP, INC. | $3.3M | 0.1% | NEW | 60.1 |
| 120 |  $AKAM | AKAMAI TECHNOLOGIES INC | $3.1M | 0.1% | -51% | 59.5 |
| 121 | — | NORWEGIAN CRUISE LINE HOLDINGS LTD - CONVERTIBLE BOND | $2.8M | 0.1% | NEW | — |
| 122 |  $NTNX | Nutanix, Inc. | $2.5M | 0.1% | -71% | 70.2 |
| 123 |  $MGPI | MGP INGREDIENTS INC | $2.5M | 0.1% | -60% | 24 |
| 124 | $UBER | Uber Technologies, Inc | $2.4M | 0.1% | +0% | 73.5 |
| 125 |  $LYV | Live Nation Entertainment, Inc. | $2.2M | 0.0% | +0% | 52.9 |
| 126 |  $HAE | HAEMONETICS CORP | $2.1M | 0.0% | +150% | 51.4 |
| 127 |  $DDOG | Datadog, Inc. | $2.0M | 0.0% | -82% | 71.4 |
| 128 |  $BTAI | BioXcel Therapeutics, Inc. | $1.9M | 0.0% | +472% | — |
| 129 |  $NNBR | NN INC | $1.8M | 0.0% | NEW | 27.2 |
| 130 |  $FLR | FLUOR CORP | $1.7M | 0.0% | -7% | 47.6 |
| 131 |  $GRPN | Groupon, Inc. | $1.7M | 0.0% | NEW | 26.1 |
| 132 |  $ON | ON SEMICONDUCTOR CORP | $1.5M | 0.0% | NEW | 55 |
| 133 |  $TEO | TELECOM ARGENTINA SA | $1.5M | 0.0% | -93% | — |
| 134 |  $RVMD | Revolution Medicines, Inc. | $1.4M | 0.0% | NEW | — |
| 135 |  $CX | CEMEX SAB DE CV | $1.2M | 0.0% | -96% | — |
| 136 |  $ALVO | Alvotech | $1.1M | 0.0% | -0% | — |
| 137 |  $NEO | NEOGENOMICS INC | $979,683 | 0.0% | -81% | 34.3 |
| 138 |  $BABA | Alibaba Group Holding Ltd | $885,750 | 0.0% | NEW | — |
| 139 | $SNAP | Snap Inc | $873,185 | 0.0% | -77% | 56.2 |
| 140 |  $IMCR | Immunocore Holdings plc | $766,360 | 0.0% | +0% | — |
| 141 |  $STKL | SunOpta Inc. | $406,498 | 0.0% | -100% | 52.6 |
| 142 | $KRSP | Rice Acquisition Corp 3 | $395,999 | 0.0% | +0% | — |
| 143 | $ALVO | Alvotech | $361,553 | 0.0% | +0% | — |
| 144 |  $SHAK | Shake Shack Inc. | $252,112 | 0.0% | NEW | 55.6 |
| 145 |  $OPI | OFFICE PROPERTIES INCOME TRUST | $184,467 | 0.0% | NEW | — |
New Positions (40)
$SPYPUT SPDR S&P 500 ETF TRUST$1.0B$INDV Indivior Pharmaceuticals, Inc.$251.4M$VSAT VIASAT INC$56.6M$MMYT MakeMyTrip Ltd$52.4M$MATW MATTHEWS INTERNATIONAL CORP$51.8M$VCPUT VISTEON CORP$39.7M$ENOV Enovis CORP$37.8M$SHAZ SharonAI Holdings Inc.$24.5M$QMCO QUANTUM CORP /DE/$22.1M$SGRY Surgery Partners, Inc.$14.5M$WK WORKIVA INC$14.0M$STWD STARWOOD PROPERTY TRUST, INC.$12.1M$BTDRCALL Bitdeer Technologies Group$11.9M$MINE MAYFAIR GOLD CORP.$11.1MExited Positions (39)
$PBR PETROBRAS - PETROLEO BRASILEIRO SA
$JBLU JETBLUE AIRWAYS CORP
$NOK NOKIA CORP
$CBL CBL & ASSOCIATES PROPERTIES INC
$COIN Coinbase Global, Inc.
$CRDO Credo Technology Group Holding Ltd$TLNCALL Talen Energy Corp
$OKTA Okta, Inc.
$QTWO Q2 Holdings, Inc.
$PRGS PROGRESS SOFTWARE CORP /MA
$ECVT Ecovyst Inc.
$CBRL CRACKER BARREL OLD COUNTRY STORE, INC
$SYNA SYNAPTICS IncBrowse Top Institutional Investors
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