Oaktree Capital Management LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Oaktree Capital Management LP disclosed 166 US equity positions worth $4.9bn in its Q1 2025 13F filing. The largest position was TRMD at 13.5% of the reported book, followed by EXE and GTX. Against the Q4 2024 filing, it opened 9 new positions, added to 12 and reduced 16 among the top 50 holdings.
What did Oaktree Capital Management LP own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TRMD TORM PLC | Energy | 13.5% | $662.8m | 40,581,120 | 0% | held |
| 2 | EXE EXPAND ENERGY CORP | Energy | 12.6% | $619.2m | 5,562,364 | -20% | reduced |
| 3 | GTX GARRETT MOTION INC | Consumer Cyclical | 7.5% | $369.0m | 44,082,816 | 0% | held |
| 4 | SB9 SITIO ROYALTIES CORP | 5.2% | $257.0m | 12,935,120 | 0% | held | |
| 5 | AU ANGLOGOLD ASHANTI PLC | Basic Materials | 4.1% | $202.9m | 5,464,851 | -2% | reduced |
| 6 | RWAY RUNWAY GROWTH FINANCE CORP | 2.3% | $111.6m | 10,779,667 | 0% | held | |
| 7 | CX CEMEX SAB DE CV | Basic Materials | 2.2% | $108.7m | 19,383,729 | 33% | added |
| 8 | INDIVIOR PLC | 2.1% | $103.5m | 11,009,125 | 26% | added | |
| 9 | VIST VISTA ENERGY SAB DE CV | Energy | 2.1% | $101.7m | 2,184,561 | -5% | reduced |
| 10 | STKL SUNOPTA INC | 2.0% | $100.8m | 20,726,126 | 0% | held | |
| 11 | NOK NOKIA OYJ | 2.0% | $98.8m | 18,752,227 | – | new | |
| 12 | SBLK STAR BULK CARRIERS CORP | Industrials | 1.7% | $83.6m | 5,373,631 | 0% | held |
| 13 | FCX FREEPORT-MCMORAN INC | Basic Materials | 1.7% | $83.0m | 2,191,108 | 24% | added |
| 14 | LBTYB LIBERTY GLOBAL LTD | 1.7% | $82.9m | 7,204,190 | 0% | held | |
| 15 | CBL CBL & ASSOCIATES PROPERTIES INC | Real Estate | 1.6% | $79.9m | 3,005,126 | 0% | held |
| 16 | TLN TALEN ENERGY CORP | Utilities | 1.3% | $63.9m | 319,829 | -19% | reduced |
| 17 | KRC KILROY REALTY CORP | Real Estate | 1.2% | $60.6m | 1,850,011 | 0% | held |
| 18 | CRC CALIFORNIA RESOURCES CORP | Energy | 1.2% | $60.5m | 1,376,753 | -33% | reduced |
| 19 | VALE VALE SA | Basic Materials | 1.2% | $60.0m | 6,014,782 | -16% | reduced |
| 20 | TAC TRANSALTA CORP | Utilities | 1.1% | $52.1m | 5,585,253 | – | new |
| 21 | ABX BARRICK GOLD CORP | Financial Services | 1.0% | $48.9m | 2,516,658 | 148% | added |
| 22 | COHERUS BIOSCIENCES INC | 1.0% | $48.3m | 49,030,000 | 0% | held | |
| 23 | GRAB HOLDINGS LTD | 0.9% | $46.6m | 10,275,995 | – | new | |
| 24 | HTHT H WORLD GROUP LTD | Consumer Cyclical | 0.9% | $45.5m | 1,229,399 | 7% | added |
| 25 | JBLU JETBLUE AIRWAYS CORP | 0.8% | $40.9m | 43,234,000 | 8% | added | |
| 26 | CABLE ONE INC | 0.8% | $40.5m | 42,610,000 | -8% | reduced | |
| 27 | PEBBLEBROOK HOTEL TRUST | 0.8% | $40.4m | 43,139,000 | 5% | added | |
| 28 | JD JD.COM INC | Consumer Cyclical | 0.8% | $39.5m | 960,796 | -32% | reduced |
| 29 | ITUB ITAU UNIBANCO HOLDING SA | Financial Services | 0.8% | $38.2m | 6,941,012 | – | new |
| 30 | PBR PETROLEO BRASILEIRO SA | Energy | 0.8% | $38.1m | 2,659,492 | -21% | reduced |
| 31 | BILI BILIBILI INC | Communication Services | 0.7% | $36.8m | 1,925,797 | – | new |
| 32 | EC ECOPETROL SA | Energy | 0.7% | $33.0m | 3,162,122 | – | new |
| 33 | ANYWHERE REAL ESTATE INC | 0.6% | $31.2m | 33,515,000 | -8% | reduced | |
| 34 | OCSL OAKTREE SPECIALTY LENDING CORP | 0.6% | $28.5m | 1,852,456 | 0% | held | |
| 35 | TEO TELECOM ARGENTINA SA | Communication Services | 0.6% | $27.6m | 2,709,263 | -3% | reduced |
| 36 | NEOGENOMICS INC | 0.6% | $27.3m | 31,456,000 | 726% | added | |
| 37 | TX TERNIUM SA | Basic Materials | 0.5% | $25.3m | 812,609 | -2% | reduced |
| 38 | BEKE KE HOLDINGS INC | Real Estate | 0.5% | $25.2m | 1,254,784 | – | new |
| 39 | AIRBNB INC | 0.5% | $24.0m | 25,108,000 | 1538% | added | |
| 40 | BZ KANZHUN LTD | Communication Services | 0.5% | $22.4m | 1,170,961 | -34% | reduced |
| 41 | ETSY ETSY INC | 0.4% | $21.3m | 24,981,000 | 47% | added | |
| 42 | SE SEA LTD | 0.4% | $20.9m | 22,355,000 | 182% | added | |
| 43 | OPTU ALTICE USA INC | Communication Services | 0.4% | $19.9m | 7,500,000 | 0% | held |
| 44 | BMA BANCO MACRO SA | Financial Services | 0.4% | $19.7m | 260,462 | -31% | reduced |
| 45 | GH GUARDANT HEALTH INC | 0.4% | $19.6m | 22,076,000 | -43% | reduced | |
| 46 | BIDU BAIDU INC | Communication Services | 0.4% | $18.4m | 199,684 | – | new |
| 47 | ALVOTECH SA | 0.4% | $18.1m | 1,868,483 | -3% | reduced | |
| 48 | ECHOSTAR CORP | 0.4% | $17.9m | 16,000,000 | – | new | |
| 49 | SNAP SNAP INC | 0.4% | $17.5m | 20,672,000 | 135% | added | |
| 50 | UNIT UNITI GROUP INC | Real Estate | 0.3% | $17.1m | 3,397,592 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.