Oaktree Capital Management LP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Oaktree Capital Management LP disclosed 174 US equity positions worth $5.0bn in its Q2 2025 13F filing. The largest position was TRMD at 13.5% of the reported book, followed by EXE and GTX. Against the Q1 2025 filing, it opened 4 new positions, added to 26 and reduced 11 among the top 50 holdings.
What did Oaktree Capital Management LP own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | TRMD TORM PLC | Energy | 13.5% | $681.6m | 40,581,120 | 0% | held |
| 2 | EXE EXPAND ENERGY CORP | Energy | 11.7% | $592.0m | 5,062,364 | -9% | reduced |
| 3 | GTX GARRETT MOTION INC | Consumer Cyclical | 7.7% | $387.8m | 36,894,816 | -16% | reduced |
| 4 | SB9 SITIO ROYALTIES CORP | 4.7% | $237.9m | 12,945,551 | 0% | held | |
| 5 | AU ANGLOGOLD ASHANTI PLC | Basic Materials | 4.5% | $225.5m | 4,947,737 | -9% | reduced |
| 6 | Indivior PLC | 3.2% | $162.3m | 11,009,125 | 0% | held | |
| 7 | STKL SUNOPTA INC | 2.4% | $120.2m | 20,726,126 | 0% | held | |
| 8 | RWAY RUNWAY GROWTH FINANCE CORP | 2.1% | $104.9m | 9,779,667 | -9% | reduced | |
| 9 | CX CEMEX SAB DE CV | Basic Materials | 2.0% | $102.8m | 14,839,032 | -23% | reduced |
| 10 | VIST VISTA ENERGY SAB DE CV | Energy | 2.0% | $98.6m | 2,061,561 | -6% | reduced |
| 11 | NOK NOKIA OYJ | 1.9% | $97.1m | 18,752,229 | 0% | held | |
| 12 | FCX FREEPORT-MCMORAN INC | Basic Materials | 1.7% | $86.5m | 1,996,075 | -9% | reduced |
| 13 | LBTYB LIBERTY GLOBAL LTD | 1.6% | $82.2m | 8,212,191 | 14% | added | |
| 14 | CBL CBL & ASSOCIATES PROPERTIES INC | Real Estate | 1.5% | $76.3m | 3,005,126 | 0% | held |
| 15 | ITUB ITAU UNIBANCO HOLDING SA | Financial Services | 1.5% | $74.7m | 11,004,494 | 59% | added |
| 16 | B BARRICK MINING CORP | Basic Materials | 1.3% | $65.7m | 3,157,686 | – | new |
| 17 | TAC TRANSALTA CORP | Utilities | 1.3% | $65.5m | 6,085,253 | 9% | added |
| 18 | KRC KILROY REALTY CORP | Real Estate | 1.3% | $63.5m | 1,850,011 | 0% | held |
| 19 | CRC CALIFORNIA RESOURCES CORP | Energy | 1.2% | $62.9m | 1,376,753 | 0% | held |
| 20 | PEBBLEBROOK HOTEL TRUST | 1.2% | $59.2m | 62,423,000 | 45% | added | |
| 21 | GRAB HOLDINGS LTD | 1.2% | $58.2m | 11,569,295 | 13% | added | |
| 22 | JBLU JETBLUE AIRWAYS CORP | 1.1% | $57.6m | 59,981,000 | 39% | added | |
| 23 | SBLK STAR BULK CARRIERS CORP | Industrials | 1.1% | $55.7m | 3,230,527 | -40% | reduced |
| 24 | CABLE ONE INC | 1.0% | $49.1m | 51,812,000 | 22% | added | |
| 25 | TLN TALEN ENERGY CORP | Utilities | 0.7% | $37.8m | 129,829 | -59% | reduced |
| 26 | AIRBNB INC | 0.7% | $35.1m | 36,300,000 | 45% | added | |
| 27 | BLCO BAUSCH PLUS LOMB CORP | 0.7% | $32.8m | 2,521,245 | – | new | |
| 28 | EC ECOPETROL SA | Energy | 0.6% | $31.4m | 3,549,822 | 12% | added |
| 29 | SUMMIT HOTEL PROPERTIES INC | 0.6% | $29.5m | 30,455,000 | 1380% | added | |
| 30 | SE SEA LTD | 0.6% | $28.4m | 30,069,000 | 35% | added | |
| 31 | TDOC TELADOC HEALTH INC | 0.6% | $28.1m | 30,338,000 | 98% | added | |
| 32 | BZ KANZHUN LTD | Communication Services | 0.6% | $28.0m | 1,571,272 | 34% | added |
| 33 | TX TERNIUM SA | Basic Materials | 0.5% | $27.7m | 919,709 | 13% | added |
| 34 | ETSY ETSY INC | 0.5% | $27.4m | 31,807,000 | 27% | added | |
| 35 | BEKE KE HOLDINGS INC | Real Estate | 0.5% | $26.8m | 1,513,039 | 21% | added |
| 36 | CNMD CONMED CORP | 0.5% | $26.3m | 27,705,000 | 59% | added | |
| 37 | SNAP SNAP INC | 0.5% | $25.6m | 29,437,000 | 42% | added | |
| 38 | ECHOSTAR CORP | 0.5% | $25.3m | 21,447,560 | 34% | added | |
| 39 | OCSL OAKTREE SPECIALTY LENDING CORP | 0.5% | $25.3m | 1,852,456 | 0% | held | |
| 40 | ALRM ALARM.COM HOLDINGS INC | 0.5% | $24.3m | 24,946,000 | 221% | added | |
| 41 | MARRIOTT VACATIONS WORLDWIDE CORP | 0.5% | $24.1m | 25,833,000 | 68% | added | |
| 42 | TEO TELECOM ARGENTINA SA | Communication Services | 0.5% | $23.3m | 2,644,263 | -2% | reduced |
| 43 | ENPHASE ENERGY INC | 0.4% | $22.5m | 23,501,000 | 104% | added | |
| 44 | YMM FULL TRUCK ALLIANCE CO LTD | Technology | 0.4% | $21.8m | 1,842,337 | – | new |
| 45 | WIX WIX.COM LTD | 0.4% | $21.1m | 21,116,000 | 332% | added | |
| 46 | NVST ENVISTA HOLDINGS CORP | 0.4% | $20.7m | 22,281,000 | 30% | added | |
| 47 | OKTA OKTA INC | 0.4% | $20.1m | 20,241,000 | 517% | added | |
| 48 | VALE VALE SA | Basic Materials | 0.4% | $19.7m | 2,033,706 | -66% | reduced |
| 49 | FIRST MAJESTIC SILVER CORP | 0.4% | $19.6m | 20,605,000 | 32% | added | |
| 50 | DAYFORCE INC | 0.3% | $17.5m | 18,080,000 | – | new |
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.