1y return+76.2%S&P 500 +20.9%
3y return+92.4%S&P 500 +68.5%
5y return+113.6%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2017: $389 against $309 in the S&P 500.2
Oaktree Capital Management LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| Torm PLCCUSIP G89479102 | $524.3M | 13.9% | −14.7% |
| EXEExpand Energy Corp | $477.6M | 12.6% | |
| GTXGarrett Motion Inc | $275.2M | 7.3% | −48.0% |
| Anglogold Ashanti PLCCUSIP G0378L100 | $257.2M | 6.8% | −1.4% |
| INDVIndivior Pharmaceuticals Inc | $251.4M | 6.7% | −12.3% |
| TDSTelephone And Data Systems Inc | $195.5M | 5.2% | +23.1% |
| VNOMViper Energy Inc | $160.8M | 4.3% | |
| CORZCore Scientific Inc | $127.8M | 3.4% | −46.6% |
| TLNTalen Energy Corp | $127.2M | 3.4% | |
| BBarrick Mining Corp | $117.8M | 3.1% | +22.1% |
| ITUBItau Unibanco Holding Sa | $97.9M | 2.6% | −1.7% |
| Liberty Global LtdCUSIP G61188101 | $97.2M | 2.6% | |
| OCSLOaktree Specialty Lending Corp | $94.0M | 2.5% | +325.0% |
| FCXFreeport-mcmoran Inc | $75.5M | 2.0% | −1.6% |
| AEROGrupo Aeromexico Sab De Cv | $71.4M | 1.9% | |
| KRCKilroy Realty Corp | $69.3M | 1.8% | |
| SESea Ltd | $60.9M | 1.6% | New |
| Liberty Latin America LtdCUSIP G9001E128 | $58.9M | 1.6% | +31.5% |
| BLCOBausch Lomb Corp | $57.0M | 1.5% | +1.7% |
| VSATViasat Inc | $56.6M | 1.5% | New |
| Makemytrip LtdCUSIP V5633W109 | $52.4M | 1.4% | New |
| MATWMatthews International Corp | $51.8M | 1.4% | New |
| Xp IncCUSIP G98239109 | $50.7M | 1.3% | −1.7% |
| YPFYpf Sa | $45.1M | 1.2% | +11.8% |
| TACTransalta Corp | $41.5M | 1.1% | −53.2% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| Anglogold Ashanti PLCCUSIP G0378L100 | September 30, 2023 | +412.0% | $257.2M |
| GTXGarrett Motion Inc | June 30, 2021 | +354.0% | $275.2M |
| Torm PLCCUSIP G89479102 | June 30, 2020 | +280.4% | $524.3M |
| TLNTalen Energy Corp | September 30, 2024 | +115.6% | $127.2M |
| EXEExpand Energy Corp | March 31, 2021 | +110.2% | $477.6M |
| FCXFreeport-mcmoran Inc | September 30, 2021 | +93.3% | $75.5M |
| BBarrick Mining Corp | June 30, 2025 | +76.4% | $117.8M |
| ITUBItau Unibanco Holding Sa | March 31, 2025 | +48.5% | $97.9M |
| TACTransalta Corp | March 31, 2025 | +47.9% | $41.5M |
| CORZCore Scientific Inc | September 30, 2025 | +42.6% | $127.8M |
Sold off last quarter
- PBRPetroleo Brasileiro Sa - Petrobras was $126.4M
- NOKNokia Oyj was $90.1M
- CBLCbl & Associates Properties Inc was $82.8M
- Credo Technology Group Holding LtdCUSIP G25457105 was $50.6M
- ECVTEcovyst Inc was $30.8M
- OPTUOptimum Communications Inc was $9.5M
- Illumination Acquisition Corp ICUSIP G470AU126 was $7.4M
- NRGNrg Energy Inc was $7.2M
- BKLNInvesco Senior Income Trust was $4.1M
- HDBHdfc Bank Ltd was $2.8M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +8.7% | +14.8% |
| March 31, 2026 | +8.2% | −4.6% |
| December 31, 2025 | +29.9% | +2.4% |
| September 30, 2025 | +15.4% | +7.8% |
| June 30, 2025 | +7.2% | +10.5% |
| March 31, 2025 | −3.0% | −4.6% |
| December 31, 2024 | −10.4% | +2.1% |
| September 30, 2024 | −2.3% | +5.4% |
| June 30, 2024 | −1.9% | +4.0% |
| March 31, 2024 | +8.3% | +10.0% |
| December 31, 2023 | +10.0% | +11.2% |
| September 30, 2023 | +2.6% | −3.6% |
| June 30, 2023 | −3.6% | +8.3% |
| March 31, 2023 | +1.4% | +7.0% |
| December 31, 2022 | +15.0% | +7.1% |
| September 30, 2022 | +4.1% | −5.3% |
| June 30, 2022 | −11.4% | −16.5% |
| March 31, 2022 | +9.2% | −4.9% |
| December 31, 2021 | +4.1% | +10.7% |
| September 30, 2021 | −6.0% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Oaktree Capital Management LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=949509&type=13F-HR&dateb=&owner=include&count=40CIK 949509
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/949509/000094950926000005/Filed August 14, 2026 · accession 0000949509-26-000005