OCM

Oaktree Capital Management Portfolio holdings

AUM $7.21B Turnover 17.09%
1-Year Est. Return 45.97%
This Fund
S&P 500
This Quarter Est. Return
+9.61%
1 Year Est. Return
+45.97%
3 Year Est. Return
+88.04%
5 Year Est. Return
+157.91%
10 Year Est. Return
+691.44%
AUM
$6.56B
AUM Growth
-$471M
Cap. Flow
-$1.82B
Cap. Flow %
-27.72%
Top 10 Hldgs %
46.54%
Holding
164
New
15
Increased
5
Reduced
19
Closed
17
Avg Time Held Equity + Options
1.4 years
Top 10 Avg Time Held Equity + Options
1.8 years
Top 20 Avg Time Held Equity + Options
1.3 years
Avg Time Held Equity only
1.5 years
Top 10 Avg Time Held Equity only
1.9 years
Top 20 Avg Time Held Equity only
1.7 years

Top Buys

Rank Stock Value
1
PBR icon
Petrobras
PBR
+$97.4M
2
CRDO icon
Credo Technology Group
CRDO
+$65.6M
3
YPF icon
YPF Sociedad Anonima ADS
YPF
+$33.5M
4
EMBJ icon
Embraer S.A. ADS
EMBJ
+$30.6M
5
TDS icon
Telephone and Data Systems
TDS
+$26.6M

Top Sells

Rank Stock Value
1
VNOM icon
Viper Energy
VNOM
+$107M
2
FTAI icon
FTAI Aviation
FTAI
+$102M
3
NU icon
Nu Holdings
NU
+$75M
4
TRMD icon
TORM
TRMD
+$65.8M
5
AU icon
AngloGold Ashanti
AU
+$64.1M

Sector Composition

Rank Sector Weight
1 Miscellaneous 34.52%
2 Energy 24.51%
3 Materials 9.2%
4 Communication Services 6.16%
5 Technology 4.92%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
TRMD icon
1
TORM
TRMD
$4.1B
$675M 10.3%
23,839,575
-2,585,484
-10% -$65.8M
2018 Q3
30 quarters
EXE icon
2
Expand Energy Corp
EXE
$21.1B
$575M 8.77%
5,237,477
+175,114
+3% +$18.7M
2021 Q1
20 quarters
QQQ icon
3
PUT
Invesco QQQ Trust
QQQ
$488B
$329M 5.02%
+570,000
New +$346M
2026 Q1
0 quarters
AU icon
4
AngloGold Ashanti
AU
$44.9B
$314M 4.79%
3,223,092
-624,899
-16% -$64.1M
2013 Q4
49 quarters
GTX icon
5
Garrett Motion
GTX
$4.73B
$265M 4.04%
14,594,816
-2,500,000
-15% -$46.6M
2021 Q2
19 quarters
INDV icon
6
Indivior Pharmaceuticals
INDV
$4.03B
$213M 3.25%
6,984,102
-124,542
-2% -$4.11M
2024 Q1
8 quarters
XOP icon
7
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$4.26B
$182M 2.77%
+1,000,000
New +$151M
2026 Q1
0 quarters
TDS icon
8
Telephone and Data Systems
TDS
$3.91B
$181M 2.76%
4,292,243
+603,857
+16% +$26.6M
2025 Q3
2 quarters
VNOM icon
9
Viper Energy
VNOM
$8.58B
$178M 2.72%
3,791,432
-2,493,630
-40% -$107M
2025 Q3
2 quarters
CORZ icon
10
Core Scientific
CORZ
$4.34B
$140M 2.13%
9,350,708
+1,000,000
+12% +$17.1M
2025 Q3
2 quarters
STKL
11
DELISTED
SunOpta
STKL
$134M 2.05%
20,726,126
– –
2017 Q1
36 quarters
PBR icon
12
Petrobras
PBR
$167B
$126M 1.93%
+6,089,413
New +$97.4M
2026 Q1
0 quarters
B icon
13
Barrick Mining
B
$64B
$107M 1.63%
2,624,859
-350,259
-12% -$16.2M
2024 Q4
5 quarters
TLN icon
14
Talen Energy Corp
TLN
$17B
$106M 1.61%
331,117
– –
2024 Q3
6 quarters
LBTYA icon
15
Liberty Global Class A
LBTYA
$2.79B
$103M 1.58%
8,551,191
– –
2024 Q2
7 quarters
ITUB icon
16
Itaú Unibanco
ITUB
$107B
$102M 1.56%
12,188,995
-1,633,752
-12% -$13.7M
2025 Q1
4 quarters
NOK icon
17
Nokia
NOK
$52.6B
$90.1M 1.37%
11,200,308
-7,551,921
-40% -$55.4M
2025 Q1
4 quarters
TAC icon
18
TransAlta
TAC
$4B
$84.1M 1.28%
6,415,253
– –
2025 Q1
4 quarters
CBL icon
19
CBL Properties
CBL
$1.48B
$82.8M 1.26%
2,153,717
-363,859
-14% -$13.5M
2021 Q4
17 quarters
FCX icon
20
Freeport-McMoran
FCX
$100B
$71.7M 1.09%
1,220,122
-169,931
-12% -$10.3M
2021 Q3
18 quarters
XP icon
21
XP
XP
$15.5B
$60.4M 0.92%
3,172,009
-148,150
-4% -$2.86M
2025 Q3
2 quarters
AERO icon
22
Grupo Aeromexico SAB de CV
AERO
$2.34B
$55.6M 0.85%
3,968,686
+191,700
+5% +$3.48M
2025 Q4
1 quarter
BLCO icon
23
Bausch + Lomb
BLCO
$5.73B
$53.8M 0.82%
3,382,739
– –
2025 Q2
3 quarters
CORZ icon
24
CALL
Core Scientific
CORZ
$4.34B
$52.4M 0.8%
3,500,000
+1,500,000
+75% +$25.6M
2025 Q4
1 quarter
KRC icon
25
Kilroy Realty
KRC
$3.87B
$52.2M 0.8%
1,850,011
– –
2021 Q1
20 quarters
1
2 3

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Oaktree Capital Management's Q1 2026 Portfolio in Review

As of Q1 2026, Oaktree Capital Management held 164 positions worth $6.56B, down 6.7% from $7.03B the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Oaktree Capital Management withdrew a net $1.82B in Q1 2026, closing 17 positions and reducing 19 holdings. Its most notable exit was FTAI Aviation, an estimated $102M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 35% of assets, down from 36% a quarter earlier, followed by Energy and Materials.

Against the trend, Oaktree Capital Management opened a new position in Petrobras worth $126M.

  • Oaktree Capital Management's largest Q1 2026 buy was Petrobras: 6,089,413 shares worth $126M.
  • Oaktree Capital Management added most to Telephone and Data Systems in Q1 2026, an estimated $26.6M increase.
  • Oaktree Capital Management's biggest Q1 2026 reduction was Viper Energy, cutting an estimated $107M.
  • Oaktree Capital Management fully exited FTAI Aviation in Q1 2026, selling an estimated $102M.
  • Oaktree Capital Management's ten largest holdings make up 47% of its $6.56B portfolio in Q1 2026.
  • Oaktree Capital Management opened 15 new positions and closed 17 in Q1 2026.
  • Oaktree Capital Management's portfolio value fell 6.7% quarter-over-quarter to $6.56B.

Based on Oaktree Capital Management's 13F filing for Q1 2026, filed 15 May 2026.