Howard Marks’s JBS N.V. JBS Stock Holding History

Howard Marks’s Portfolio JBS Stock Details JBS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-1,580,400	Closed	-$23.6M	–	181
2025 Q3	$23.6M	Buy	1,580,400 +1,341,790	+562%	+$19.6M	0.36%	59
2025 Q2	$3.49M	Buy	+238,610	New	+$3.36M	0.06%	137

Other funds holding JBS

BPS

BNDES Participacoes SA Rio De Janeiro, Brazil $2.36B AUM

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

DSA

Davis Selected Advisers Tucson, Arizona $23.3B AUM 26.95% 1-Year Est. Return

D.E. Shaw & Co New York $210B AUM 57.28% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $344B AUM 42.99% 1-Year Est. Return

AIMCA

Alberta Investment Management Corp (AIMCo) Edmonton, Alberta, Canada $17.9B AUM 27.56% 1-Year Est. Return

Woodline Partners San Francisco, California $32.4B AUM 58.5% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Howard Marks's JBS Position: Q4 2025 in Review

Howard Marks sold out of JBS N.V. (JBS) in Q4 2025, closing a stake of 1,580,400 shares — an estimated $23.6M sold.

Howard Marks first reported a position in JBS in Q2 2025 and held it in 2 quarters. The position peaked at $23.6M in Q3 2025. 238 funds tracked by Wall St. Rank hold JBS as of Q4 2025.

Howard Marks reported no remaining JBS N.V. position as of Q4 2025 after selling out during the quarter.
Howard Marks sold 1,580,400 JBS N.V. shares in Q4 2025, an estimated $23.6M.
Howard Marks first reported a position in JBS N.V. in Q2 2025 and held it in 2 quarters.
Howard Marks's JBS N.V. position peaked at $23.6M in Q3 2025.
238 funds tracked by Wall St. Rank held JBS N.V. as of Q4 2025.

Based on Oaktree Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.