— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

OAKTREE CAPITAL MANAGEMENT LP

Q3 2025 · Filed 2025-11-13
Market Value
$4.2B
+30.9%
Holdings
56
+3
New Purchases
11
Added To
12
Closed
7
Reduced
11
Top 10 Concentration
65.8%
Turnover
32.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VNOM 5.74% 0.00% +5.74% $240M
TDS 3.46% 0.00% +3.46% $145M
CORZ 2.74% 0.00% +2.74% $115M
TLN 2.96% 1.18% +1.78% $124M
NU 1.73% 0.00% +1.73% $72M
SATS 1.10% 0.00% +1.10% $46M
XP 0.91% 0.00% +0.91% $38M
LILAK 1.35% 0.45% +0.89% $56M
USM 0.87% 0.00% +0.87% $36M
NBR 0.72% 0.00% +0.72% $30M
ECVT 0.60% 0.00% +0.60% $25M
B 2.59% 2.06% +0.53% $108M
YMM 1.18% 0.68% +0.50% $49M
SE 0.60% 0.42% +0.19% $25M
LILA 0.17% 0.00% +0.17% $7M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
EXE 12.85% 18.52% -5.67% $538M
GTX 10.38% 12.13% -1.75% $434M
VIST 1.51% 3.08% -1.57% $63M
TRMD 19.95% 21.32% -1.38% $835M
FCX 1.41% 2.71% -1.30% $59M
RWAY 2.01% 3.28% -1.27% $84M
CRC 0.88% 1.97% -1.08% $37M
EC 0.00% 0.98% -0.98% $0
CX 2.25% 3.22% -0.97% $94M
NOK 2.16% 3.04% -0.88% $90M
SBLK 0.87% 1.74% -0.87% $36M
STKL 2.90% 3.76% -0.86% $121M
BEKE 0.00% 0.84% -0.84% $0
BRY 0.00% 0.32% -0.32% $0
YPF 0.00% 0.32% -0.32% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 18 $1.6B 38.2%
Mid Cap 20 $2.1B 50.4%
Small Cap 9 $363M 8.7%
Micro Cap 9 $115M 2.8%

Portfolio Analytics

Avg Market Cap
$17.6B
Median Market Cap
$5.6B
Avg P/E
21.1
Median P/E
16.2
Avg Dividend Yield
0.03%
Avg Beta
0.86
# Stocks
56
# ETFs / Funds
0

Top Holdings (56 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 TRMD 19.95% 40,581,120 $835M $20.57 $153M
2 EXE 12.85% 5,062,363 $538M $106.24 -$54M -1
3 GTX 10.38% 31,894,816 $434M $13.62 $47M -5,000,000 -13.6%
4 VNOM 5.74% 6,285,062 $240M $38.22 +6,285,062 NEW
5 TDS 3.46% 3,688,386 $145M $39.24 +3,688,386 NEW
6 TLN 2.96% 291,117 $124M $425.38 $86M +161,288 +124.2%
7 STKL 2.90% 20,726,126 $121M $5.86 $1M
8 CORZ 2.74% 6,400,708 $115M $17.94 +6,400,708 NEW
9 B 2.59% 3,302,086 $108M $32.77 $42M +144,400 +4.6%
10 CX 2.25% 10,448,824 $94M $8.99 -$9M -4,390,208 -29.6%
11 ITUB 2.22% 12,665,801 $93M $7.34 $18M +1,661,307 +15.1%
12 CBL 2.20% 3,005,126 $92M $30.58 $16M
13 NOK 2.16% 18,752,229 $90M $4.81 -$7M
14 TAC 2.09% 6,415,253 $88M $13.66 $22M +330,000 +5.4%
15 RWAY 2.01% 8,279,667 $84M $10.16 -$21M -1,500,000 -15.3%
16 KRC 1.87% 1,850,011 $78M $42.25 $15M
17 GRAB 1.74% 12,094,495 $73M $6.02 $15M +525,200 +4.5%
18 NU 1.73% 4,518,884 $72M $16.01 +4,518,884 NEW
19 VIST 1.51% 1,841,319 $63M $34.40 -$35M -220,242 -10.7%
20 FCX 1.41% 1,504,865 $59M $39.22 -$28M -491,210 -24.6%
21 LILAK 1.35% 6,669,823 $56M $8.44 $42M +4,341,307 +186.4%
22 YMM 1.18% 3,797,697 $49M $12.97 $27M +1,955,360 +106.1%
23 BLCO 1.17% 3,245,439 $49M $15.07 $16M +724,194 +28.7%
24 SATS 1.10% 600,000 $46M $76.36 +600,000 NEW
25 BZ 0.92% 1,643,572 $38M $23.36 $10M +72,300 +4.6%
26 XP 0.91% 2,032,877 $38M $18.79 +2,032,877 NEW
27 CRC 0.88% 694,502 $37M $53.18 -$26M -682,251 -49.6%
28 SBLK 0.87% 1,962,892 $36M $18.59 -$19M -1,267,635 -39.2%
29 USM 0.87% 724,444 $36M $50.01 +724,444 NEW
30 TX 0.75% 897,509 $31M $34.73 $3M -22,200 -2.4%
31 NBR 0.72% 737,112 $30M $40.87 +737,112 NEW
32 SE 0.60% 141,368 $25M $178.73 $12M +57,855 +69.3%
33 ECVT 0.60% 2,859,022 $25M $8.76 +2,859,022 NEW
34 VALE 0.53% 2,033,706 $22M $10.86 $2M
35 TEO 0.46% 2,629,483 $19M $7.27 -$4M -14,780 -0.6%
36 ATUS 0.43% 7,500,000 $18M $2.41 $2M
37 ALVO 0.31% 1,563,676 $13M $8.19 -$1M
38 SMRT 0.25% 7,505,294 $11M $1.41 $3M
39 EXEEL 0.22% 95,294 $9M $96.71 -$1M
40 MX 0.21% 2,849,858 $9M $3.13 -$2M
41 BHC 0.20% 1,270,000 $8M $6.45 -$267K
42 ALVOW 0.17% 4,666,667 $7M $1.52 -$1M
43 LILA 0.17% 846,474 $7M $8.29 +846,474 NEW
44 LGN 0.13% 175,000 $5M $30.81 +175,000 NEW
45 HDB 0.12% 151,206 $5M $34.16 -$1M +66,363 +78.2%
46 BATL 0.09% 3,013,823 $4M $1.21 -$236K +3,911 +0.1%
47 TGS 0.03% 56,522 $1M $21.03 -$2M -81,108 -58.9%
48 BTAI 0.01% 241,188 $617K $2.56 $181K
49 TPIC —% 4,610,003 $143K $0.03 -$4M
50 HDSN —% -$5M -562,662 -100.0% SOLD
51 BRY —% -$10M -3,697,000 -100.0% SOLD
52 YPF —% -$10M -324,330 -100.0% SOLD
53 EC —% -$31M -3,549,822 -100.0% SOLD
54 BAK —% -$1M -453,167 -100.0% SOLD
55 BMA —% -$4M -60,591 -100.0% SOLD
56 BEKE —% -$27M -1,513,039 -100.0% SOLD

Options Breakdown

1 Calls $28M Call Value 6 Puts $465M Put Value 16.83 P/C Ratio

Top Calls

SymbolSharesValueStatus
TLN 65,000 $28M

Top Puts

SymbolSharesValueStatus
SPY 330,000 $220M
ORCL 500,000 $141M NEW
IWM 220,000 $53M
MAR 150,000 $39M NEW
WING 50,000 $13M NEW
XHB $0 SOLD

New Positions

SymbolValue% Port
VNOM $240M 5.74%
TDS $145M 3.46%
CORZ $115M 2.74%
NU $72M 1.73%
SATS $46M 1.10%
XP $38M 0.91%
USM $36M 0.87%
NBR $30M 0.72%
ECVT $25M 0.60%
LILA $7M 0.17%
LGN $5M 0.13%

Sold Out Positions

SymbolValue% Port
BMA —%
YPF —%
BEKE —%
BAK —%
EC —%
HDSN —%
BRY —%
View SEC EDGAR Filings for OAKTREE CAPITAL MANAGEMENT LP →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms