Thornburg Investment Management’s OAKTREE CAPITAL GROUP, LLC OAK Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q3	–	Sell	-1,034,438	Closed	-$51.2M	–	188
2019 Q2	$51.2M	Hold	1,034,438	–	–	0.49%	58
2019 Q1	$51.4M	Buy	1,034,438 +119,675	+13%	+$5.2M	0.5%	57
2018 Q4	$36.4M	Sell	914,763 -90,906	-9%	-$3.73M	0.36%	62
2018 Q3	$41.6M	Buy	1,005,669 +6,860	+0.7%	+$282K	0.35%	66
2018 Q2	$40.6M	Buy	998,809 +12,725	+1%	+$515K	0.31%	65
2018 Q1	$39M	Buy	986,084 +222,256	+29%	+$9.53M	0.29%	73
2017 Q4	$32.2M	Buy	763,828 +14,771	+2%	+$653K	0.22%	94
2017 Q3	$35.2M	Buy	749,057 +30,598	+4%	+$1.43M	0.25%	87
2017 Q2	$33.5M	Buy	718,459 +4,323	+0.6%	+$200K	0.25%	89
2017 Q1	$32.4M	Hold	714,136	–	–	0.26%	80
2016 Q4	$26.8M	Buy	714,136 +34,400	+5%	+$1.38M	0.21%	100
2016 Q3	$28.8M	Hold	679,736	–	–	0.22%	96
2016 Q2	$30.4M	Hold	679,736	–	–	0.24%	93
2016 Q1	$33.5M	Hold	679,736	–	–	0.22%	102
2015 Q4	$32.4M	Buy	679,736 +1,733	+0.3%	+$84.5K	0.21%	114
2015 Q3	$33.6M	Hold	678,003	–	–	0.21%	112
2015 Q2	$36.1M	Buy	678,003 +220,807	+48%	+$11.7M	0.21%	115
2015 Q1	$23.6M	Buy	457,196 +85,789	+23%	+$4.61M	0.13%	157
2014 Q4	$19.3M	Buy	371,407 +58,885	+19%	+$2.84M	0.1%	194
2014 Q3	$16M	Buy	+312,522	New	+$15.7M	0.07%	208