Aerarium

SEC EDGAR Form 13F

Oaktree Capital Management

Oaktree Capital Management is an alternative asset manager associated with Howard Marks and credit-oriented investing, and its Form 13F filings disclose reportable U.S.-listed equity holdings.

Latest Form 13F: 1603 long U.S. equity positions, $33.9B reported value for the period ended Dec 31, 2025, led by AEROVIRONMENT INC, TORM PLC, and EXPAND ENERGY CORP.

CIK: 949509 · Filed: May 20, 2026 · Period: Dec 31, 2025

Reported value
$33.9B
Positions
1603
Key person
Howard Marks
Style
Credit / distressed alternatives
Top holding
NAN · AEROVIRONMENT INC
Period
Dec 31, 2025
Filed
May 20, 2026
CIK
949509

What a 13F does not show

Form 13F covers many reportable long U.S. equity positions at quarter end. It does not show every asset type, short positions, hedges, intraperiod trades, or current holdings after the report date. Use it as ownership context, not investment advice.

Read the 13F guide →
NAN
AEROVIRONMENT INC
Portfolio weight
24.50%
TRMD
TORM PLC
Portfolio weight
10.30%
EXE
EXPAND ENERGY CORP
Portfolio weight
8.77%
QQQ
INVESCO QQQ TRUST SERIES 1
Portfolio weight
5.02%
AU
ANGLOGOLD ASHANTI PLC
Portfolio weight
4.79%

Top reported holdings

Showing the top 50 positions by reported value. Source: SEC EDGAR Form 13F; period 2025-12-31; filed 2026-05-20.

#TickerCompanySharesValuePortfolio %QoQ change
1NANAEROVIRONMENT INC1.6B$1.6B24.50%+0.8%
2TRMDTORM PLC23.8M$675M10.30%--
3EXEEXPAND ENERGY CORP5.2M$575M8.77%--
4QQQINVESCO QQQ TRUST SERIES 1570.0K$329M5.02%--
5AUANGLOGOLD ASHANTI PLC3.2M$314M4.79%--
6GTXGARRETT MOTION INC14.6M$265M4.04%--
7INDVINDIVIOR PHARMACEUTICALS INC7.0M$213M3.25%--
8CORZCORE SCIENTIFIC INC12.9M$192M2.93%--
9XOPSTATE STREET SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF1.0M$182M2.77%--
10TDSTELEPHONE AND DATA SYSTEMS INC4.3M$181M2.76%--
11VNOMVIPER ENERGY INC3.8M$178M2.72%--
12TLNTALEN ENERGY CORP481.1K$154M2.34%--
13STKLSUNOPTA INC20.7M$134M2.05%--
14PBRPETROLEO BRASILEIRO SA - PETROBRAS6.1M$126M1.93%--
15BBARRICK MINING CORP2.6M$107M1.63%--
16LBTYALIBERTY GLOBAL LTD8.6M$103M1.58%--
17ITUBITAU UNIBANCO HOLDING SA12.2M$102M1.56%--
18--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
19--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
20--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
21--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
22--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
23--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
24--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
25--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
26--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
27--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
28--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
29--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
30--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
31--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
32--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
33--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
34--JETBLUE AIRWAYS CORP95.1M$95M1.45%--
35--RIOT PLATFORMS INC79.7M$92M1.40%--
36--RIOT PLATFORMS INC79.7M$92M1.40%--
37--RIOT PLATFORMS INC79.7M$92M1.40%--
38--RIOT PLATFORMS INC79.7M$92M1.40%--
39--RIOT PLATFORMS INC79.7M$92M1.40%--
40--RIOT PLATFORMS INC79.7M$92M1.40%--
41--RIOT PLATFORMS INC79.7M$92M1.40%--
42--RIOT PLATFORMS INC79.7M$92M1.40%--
43--RIOT PLATFORMS INC79.7M$92M1.40%--
44--RIOT PLATFORMS INC79.7M$92M1.40%--
45--RIOT PLATFORMS INC79.7M$92M1.40%--
46--RIOT PLATFORMS INC79.7M$92M1.40%--
47--RIOT PLATFORMS INC79.7M$92M1.40%--
48--RIOT PLATFORMS INC79.7M$92M1.40%--
49--RIOT PLATFORMS INC79.7M$92M1.40%--
50--RIOT PLATFORMS INC79.7M$92M1.40%--

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