InvestInfoAI
OAKTREE CAPITAL MANAGEMENT LP

Q4 2025 · 13F-HR

OAKTREE CAPITAL MANAGEMENT LPholdings as filed

Filed 2026-02-17 · accession 0000949509-26-000001

$7.03B
Reported value
172
Positions
2025-12-31
Period end
View analyzed profile →PRO

The Brief · OAKTREE CAPITAL MANAGEMENT LP · Q4 2025

AI · grounded in 13F

OAKTREE CAPITAL MANAGEMENT LP established a new position in EXPAND ENERGY CORP valued at $558.7M. The fund also initiated new stakes in TORM PLC for $527.3M and ANGLOGOLD ASHANTI PLC for $328.2M. Additional new positions include SMH at $311.5M and GTX at $298M.

Holdings as filed

CUSIPTickerIssuerValue% port.SharesClassVoting
165167735EXEEXPAND ENERGY CORP$558.7M7.95%5,062,363CommonSOLE
G89479102TRMDTORM PLC$527.3M7.50%26,425,059CommonSOLE
G0378L100AUANGLOGOLD ASHANTI PLC$328.2M4.67%3,847,991CommonSOLE
92189F676SMHVANECK SEMICONDUCTOR ETF$311.5M4.43%865,000PUTSOLE
366505105GTXGARRETT MOTION INC$298.0M4.24%17,094,816CommonSOLE
78462F103SPYSTATE STREET CORP$262.5M3.74%385,000PUTSOLE
G4766E116INDVIndivior Pharmaceuticals Inc$255.1M3.63%7,108,644CommonSOLE
64361Q101VNOMVIPER ENERGY INC$242.8M3.45%6,285,062CommonSOLE
879433829TDSTELEPHONE AND DATA SYSTEMS INC$151.2M2.15%3,688,386CommonSOLE
06849F108BBARRICK MINING CORP$129.6M1.84%2,975,118CommonSOLE
87422Q109TLNTALEN ENERGY CORP$124.1M1.77%331,117CommonSOLE
21874A106CORZCORE SCIENTIFIC INC$121.6M1.73%8,350,708CommonSOLE
654902204NOKNOKIA OYJ$121.3M1.73%18,752,229CommonSOLE
87422Q109TLNTALEN ENERGY CORP$112.5M1.60%300,000CALLSOLE
G3730V105FTAIFTAI AVIATION LTD$101.8M1.45%517,328CommonSOLE
465562106ITUBITAU UNIBANCO HOLDING SA$99.0M1.41%13,822,747CommonSOLE
68389X105ORCLORACLE CORP$97.5M1.39%500,000PUTSOLE
G61188101LBTYALIBERTY GLOBAL LTD$95.3M1.36%8,551,191CommonSOLE
124830878CBLCBL & ASSOCIATES PROPERTIES INC$93.2M1.33%2,517,576CommonSOLE
767292AB1RIOT 0.75 01/15/30RIOT PLATFORMS INC$92.9M1.32%81,960,000CommonSOLE
477143AP6JBLU 0.5 04/01/26JETBLUE AIRWAYS CORP$89.0M1.27%90,530,000CommonSOLE
40054J109AEROGRUPO AEROMEXICO SAB DE CV$82.9M1.18%3,776,986CommonSOLE
89346D107TACTRANSALTA CORP$81.2M1.16%6,415,253CommonSOLE
8676EP108STKLSUNOPTA INC$78.9M1.12%20,726,126CommonSOLE
G6683N103NUNU HOLDINGS LTD/CAYMAN ISLANDS$75.0M1.07%4,479,175CommonSOLE
35671D857FCXFREEPORT-MCMORAN INC$70.6M1.00%1,390,053CommonSOLE
49427F108KRCKILROY REALTY CORP$69.1M0.98%1,850,011CommonSOLE
151290889CXCEMEX SAB DE CV$66.1M0.94%5,749,324CommonSOLE
78163D100RWAYRUNWAY GROWTH FINANCE CORP$62.8M0.89%7,029,667CommonSOLE
278768AB2SATS 3.875 11/30/30ECHOSTAR CORP$60.2M0.86%18,000,000CommonSOLE
12685JAE5CABO 0 03/15/26CABLE ONE INC$58.1M0.83%58,874,000CommonSOLE
071705107BLCOBAUSCH LOMB CORP$57.8M0.82%3,382,739CommonSOLE
G4124C109GRABGRAB HOLDINGS LTD$55.9M0.80%11,207,699CommonSOLE
G98239109XPXP INC$54.4M0.77%3,320,159CommonSOLE
009066AB7ABNB 0 03/15/26AIRBNB INC$50.2M0.71%50,633,000CommonSOLE
571903202MARMARRIOTT INTERNATIONAL INC/MD$46.5M0.66%150,000PUTSOLE
29786AAN6ETSY 0.25 06/15/28ETSY INC$44.9M0.64%50,165,000CommonSOLE
G9001E128LILAKLIBERTY LATIN AMERICA LTD$42.9M0.61%5,748,780CommonSOLE
27923Q109ECVTECOVYST INC$41.4M0.59%4,254,503CommonSOLE
09061GAK7BMRN 1.25 05/15/27BIOMARIN PHARMACEUTICAL INC$40.5M0.58%42,118,000CommonSOLE
03209RAB9AMPH 2 03/15/29AMPHASTAR PHARMACEUTICALS INC$40.4M0.57%43,578,000CommonSOLE
911684108ADARRAY DIGITAL INFRASTRUCTURE INC$38.8M0.55%724,444CommonSOLE
207410AH4CNMD 2.25 06/15/27CONMED CORP$38.7M0.55%40,324,000CommonSOLE
57164YAF4VAC 3.25 12/15/27MARRIOTT VACATIONS WORLDWIDE CORP$38.5M0.55%40,370,000CommonSOLE
70509VAA8PEB 1.75 12/15/26PEBBLEBROOK HOTEL TRUST$38.4M0.55%39,706,000CommonSOLE
92837L109VISTVISTA ENERGY SAB DE CV$38.1M0.54%782,250CommonSOLE
35969L108YMMFULL TRUCK ALLIANCE CO LTD$37.8M0.54%3,519,764CommonSOLE
81141RAG5SEALTD 0.25 09/15/26SEA LTD$37.8M0.54%38,855,000CommonSOLE
Y8162K204SBLKSTAR BULK CARRIERS CORP$37.7M0.54%1,962,892CommonSOLE
87918AAF2TDOC 1.25 06/01/27TELADOC HEALTH INC$36.7M0.52%38,479,000CommonSOLE
29355AAK3ENPH 0 03/01/28ENPHASE ENERGY INC$33.4M0.47%38,178,000CommonSOLE
22410JAB2CBRL 0.625 06/15/26CRACKER BARREL OLD COUNTRY STORE INC$32.2M0.46%33,101,000CommonSOLE
13057Q305CRCCALIFORNIA RESOURCES CORP$31.1M0.44%694,502CommonSOLE
48553T106BZKANZHUN LTD$31.0M0.44%1,523,231CommonSOLE
04271TAB6ARRY 1 12/01/28ARRAY TECHNOLOGIES INC$30.3M0.43%33,284,000CommonSOLE
29415FAD6NVST 1.75 08/15/28ENVISTA HOLDINGS CORP$29.6M0.42%30,786,000CommonSOLE
21874A106CORZCORE SCIENTIFIC INC$29.1M0.41%2,000,000CALLSOLE
679295AF2OKTA 0.375 06/15/26OKTA INC$27.8M0.40%28,311,000CommonSOLE
338307AF8FIVN 1 03/15/29FIVE9 INC$27.4M0.39%30,353,000CommonSOLE
011642AB1ALRM 0 01/15/26ALARM.COM HOLDINGS INC$27.3M0.39%27,198,000CommonSOLE
879273209TEOTELECOM ARGENTINA SA$27.3M0.39%2,347,508CommonSOLE
91912E105VALEVALE SA$26.4M0.38%2,023,706CommonSOLE
84762LAZ8SPB 3.375 06/01/29SPECTRUM BRANDS HOLDINGS INC$26.1M0.37%27,496,000CommonSOLE
252131AM9DXCM 0.375 05/15/28DEXCOM INC$25.8M0.37%27,995,000CommonSOLE
880890108TXTERNIUM SA$25.2M0.36%658,565CommonSOLE
G7553X106KRSPRICE ACQUISITION CORP 3$24.7M0.35%2,400,000CommonSOLE
67401P405OCSLOAKTREE SPECIALTY LENDING CORP$23.6M0.34%1,852,456CommonSOLE
26142RAB0DKNG 0 03/15/28DRAFTKINGS INC$23.1M0.33%25,225,000CommonSOLE
55303JAB2MGPI 1.875 11/15/41MGP INGREDIENTS INC$22.5M0.32%23,225,000CommonSOLE
866082AA8INN 1.5 02/15/26SUMMIT HOTEL PROPERTIES INC$21.5M0.31%21,560,000CommonSOLE
852234AJ2XYZ 0 05/01/26BLOCK INC$19.9M0.28%20,243,000CommonSOLE
62957HAL9NBR 1.75 06/15/29NABORS INDUSTRIES LTD$19.6M0.28%24,063,000CommonSOLE
456788108INFYINFOSYS LTD$19.5M0.28%1,094,752CommonSOLE
47215PAJ5JD 0.25 06/01/29JD.COM INC$19.3M0.27%19,233,000CommonSOLE
15677JAD0DAY 0.25 03/15/26DAYFORCE INC$19.2M0.27%19,351,000CommonSOLE
974637AF7WGO 3.25 01/15/30WINNEBAGO INDUSTRIES INC$19.1M0.27%20,220,000CommonSOLE
83304AAF3SNAP 0 05/01/27SNAP INC$18.3M0.26%19,576,000CommonSOLE
87157DAJ8SYNA 0.75 12/01/31SYNAPTICS INC$18.3M0.26%17,250,000CommonSOLE
675746606ONITONITY GROUP INC$17.9M0.25%390,835CommonSOLE
53802LAB8LIVN 2.5 03/15/29LIVANOVA PLC$17.7M0.25%15,285,000CommonSOLE
69352PAS2PPL 2.875 03/15/28PPL CORP$17.2M0.25%15,672,000CommonSOLE
008073AA6AVAV 0 07/15/30AEROVIRONMENT INC$17.1M0.24%15,763,000CommonSOLE
88162GAB9TTEK 2.25 08/15/28TETRA TECH INC$16.6M0.24%15,289,000CommonSOLE
125896BX7CMS 3.375 05/01/28CMS ENERGY CORP$16.3M0.23%15,199,000CommonSOLE
83193G107SMRTSMARTRENT INC$15.2M0.22%7,505,294CommonSOLE
405024AB6HAE 0 03/01/26HAEMONETICS CORP$14.9M0.21%15,030,000CommonSOLE
472145AH4JAZZ 3.125 09/15/30JAZZ PHARMACEUTICALS PLC$14.1M0.20%10,600,000CommonSOLE
92939UAR7WEC 4.375 06/01/29WEC ENERGY GROUP INC$14.0M0.20%11,957,000CommonSOLE
516544AB9LNTH 2.625 12/15/27LANTHEUS HOLDINGS INC$13.2M0.19%11,525,000CommonSOLE
02156K103OPTUOPTIMUM COMMUNICATIONS INC$12.4M0.18%7,500,000CommonSOLE
83304AAH9SNAP 0.125 03/01/28SNAP INC$12.2M0.17%13,422,000CommonSOLE
05988JAD5BAND 0.5 04/01/28BANDWIDTH INC$11.9M0.17%13,650,000CommonSOLE
09257WAE0BXMT 5.5 03/15/27BLACKSTONE MORTGAGE TRUST INC$11.9M0.17%11,999,000CommonSOLE
75737FAE8RDFN 0.5 04/01/27REDFIN CORP$11.1M0.16%11,841,000CommonSOLE
70932AAF0PMT 5.5 03/15/26PENNYMAC MORTGAGE INVESTMENT TRUST$11.0M0.16%10,935,000CommonSOLE
29355AAH0ENPH 0 03/01/26ENPHASE ENERGY INC$10.8M0.15%10,911,000CommonSOLE
19260QAF4COIN 0.25 04/01/30COINBASE GLOBAL INC$10.8M0.15%10,510,000CommonSOLE
759916AD1RGEN 1 12/15/28REPLIGEN CORP$10.8M0.15%9,830,000CommonSOLE
343412AJ1FLR 1.125 08/15/29FLUOR CORP$10.7M0.15%9,371,000CommonSOLE
55955DAB6MGNI 0.25 03/15/26MAGNITE INC$10.2M0.15%10,305,000CommonSOLE
538034BC2LYV 2.875 01/15/30LIVE NATION ENTERTAINMENT INC$10.2M0.14%9,670,000CommonSOLE
48123VAE2ZD 1.75 11/01/26ZIFF DAVIS INC$9.9M0.14%10,091,000CommonSOLE
501812AB7LCII 1.125 05/15/26LCI INDUSTRIES$9.8M0.14%9,927,000CommonSOLE
131193AE4CALY 2.75 05/01/26TOPGOLF CALLAWAY BRANDS CORP$9.6M0.14%9,596,000CommonSOLE
165167180EXEELEXPAND ENERGY CORP$9.5M0.14%95,294CommonSOLE
19240QAA0COGT 1.625 11/15/31COGENT BIOSCIENCES INC$9.0M0.13%7,650,000CommonSOLE
071734107BHCBAUSCH HEALTH COS INC$8.8M0.13%1,270,000CommonSOLE
465741AQ9ITRI 1.375 07/15/30ITRON INC$8.8M0.13%8,700,000CommonSOLE
91332UAB7U 0 11/15/26UNITY SOFTWARE INC$8.8M0.13%9,076,000CommonSOLE
358039AB1FRPT 3 04/01/28FRESHPET INC$8.6M0.12%7,300,000CommonSOLE
55306NAB0MKSI 1.25 06/01/30MKS INC$8.0M0.11%6,255,000CommonSOLE
23804LAD5DDOG 0 12/01/29DATADOG INC$7.5M0.11%7,499,000CommonSOLE
758075AF2RWT 7.75 06/15/27REDWOOD TRUST INC$7.4M0.11%7,456,000CommonSOLE
393222AK0GPRE 2.25 03/15/27GREEN PLAINS INC$7.4M0.11%7,677,000CommonSOLE
55933J203MXMAGNACHIP SEMICONDUCTOR CORP$7.3M0.10%2,849,858CommonSOLE
91680MAB3UPST 0.25 08/15/26UPSTART HOLDINGS INC$7.0M0.10%7,199,000CommonSOLE
91688FAB0UPWK 0.25 08/15/26UPWORK INC$6.9M0.10%7,038,000CommonSOLE
08265TAD1BSY 0.375 07/01/27BENTLEY SYSTEMS INC$6.3M0.09%6,730,000CommonSOLE
64049MAB6NEO 0.25 01/15/28NEOGENOMICS INC$6.3M0.09%7,098,000CommonSOLE
G9001E102LILALIBERTY LATIN AMERICA LTD$6.2M0.09%839,020CommonSOLE
92538JAB2VERX 0.75 05/01/29VERTEX INC$6.2M0.09%6,507,000CommonSOLE
156727AD1CRNC 1.5 07/01/28CERENCE INC$6.0M0.08%6,605,000CommonSOLE
852234AK9XYZ 0.25 11/01/27BLOCK INC$5.5M0.08%5,935,000CommonSOLE
819047AB7SHAK 0 03/01/28SHAKE SHACK INC$5.4M0.08%5,686,000CommonSOLE
606710AA9MITK 0.75 02/01/26MITEK SYSTEMS INC$5.3M0.08%5,374,000CommonSOLE
67059NAK4NTNX 0.5 12/15/29NUTANIX INC$5.3M0.07%5,436,000CommonSOLE
00827BAB2AFRM 0 11/15/26AFFIRM HOLDINGS INC$5.0M0.07%5,225,000CommonSOLE
707569AU3PENN 2.75 05/15/26PENN ENTERTAINMENT INC$4.9M0.07%4,952,000CommonSOLE
842587DZ7SO 4.5 06/15/27SOUTHERN CO/THE$4.9M0.07%4,557,000CommonSOLE
40415F101HDBHDFC BANK LTD$4.8M0.07%130,441CommonSOLE
594972AS0MSTR 0 12/01/29STRATEGY INC$4.7M0.07%5,763,000CommonSOLE
83304AAB2SNAP 0.75 08/01/26SNAP INC$3.7M0.05%3,767,000CommonSOLE
48123VAH5ZD 3.625 03/01/28ZIFF DAVIS INC$3.4M0.05%3,496,000CommonSOLE
03040WBE4AWK 3.625 06/15/26AMERICAN WATER CAPITAL CORP$3.4M0.05%3,426,000CommonSOLE
07134L107BATLBATTALION OIL CORP$3.4M0.05%3,009,912CommonSOLE
90187BAB7TWO 6.25 01/15/26TWO HARBORS INVESTMENT CORP$3.3M0.05%3,298,000CommonSOLE
090043AD2BILL 0 04/01/27BILL HOLDINGS INC$3.1M0.04%3,306,000CommonSOLE
L01800116ALVOWALVOTECH SA$3.0M0.04%4,666,667CommonSOLE
345370CZ1F 0 03/15/26FORD MOTOR CO$3.0M0.04%2,900,000CommonSOLE
10806XAD4BBIO 2.25 02/01/29BRIDGEBIO PHARMA INC$2.9M0.04%2,550,000CommonSOLE
737446AT1POST 2.5 08/15/27POST HOLDINGS INC$2.9M0.04%2,650,000CommonSOLE
682189AS4ON 0 05/01/27ON SEMICONDUCTOR CORP$2.3M0.03%1,950,000CommonSOLE
67059NAH1NTNX 0.25 10/01/27NUTANIX INC$2.3M0.03%2,000,000CommonSOLE
97717PAH7WT 3.25 08/15/29WISDOMTREE INC$2.2M0.03%1,850,000CommonSOLE
26210CAC8DBX 0 03/01/26DROPBOX INC$2.2M0.03%2,175,000CommonSOLE
L01800108ALVOALVOTECH SA$2.0M0.03%533,656CommonSOLE
163072AA9CAKE 0.375 06/15/26CHEESECAKE FACTORY INC/THE$1.9M0.03%1,960,000CommonSOLE
399473AF4GRPN 1.125 03/15/26GROUPON INC$1.9M0.03%1,874,000CommonSOLE
91879QAN9MTN 0 01/01/26VAIL RESORTS INC$1.8M0.03%1,819,000CommonSOLE
25402DAB8DOCN 0 12/01/26DIGITALOCEAN HOLDINGS INC$1.8M0.03%1,880,000CommonSOLE
09239BAD1BL 0 03/15/26BLACKLINE INC$1.8M0.03%1,816,000CommonSOLE
65339KCY4NEE 3 03/01/27NEXTERA ENERGY INC$1.6M0.02%1,292,000CommonSOLE
15102KAA8CELC 2.75 08/01/31CELCUITY INC$1.5M0.02%700,000CommonSOLE
31188VAD2FSLY 7.75 06/01/28FASTLY INC$1.5M0.02%1,353,000CommonSOLE
928298AR9VSH 2.25 09/15/30VISHAY INTERTECHNOLOGY INC$1.5M0.02%1,651,000CommonSOLE
84921RAB6SPOT 0 03/15/26SPOTIFY TECHNOLOGY SA$1.5M0.02%1,300,000CommonSOLE
89677QAB3TCOM 0.75 06/15/29TRIP.COM GROUP LTD$1.5M0.02%1,189,000CommonSOLE
42703MAF0HLF 4.25 06/15/28HERBALIFE LTD$1.3M0.02%1,242,000CommonSOLE
594972AL5MSTR 0.875 03/15/31STRATEGY INC$1.3M0.02%1,300,000CommonSOLE
55087PAD6LYFT 0.625 03/01/29LYFT INC$1.3M0.02%1,100,000CommonSOLE
70202LAD4PSN 2.625 03/01/29PARSONS CORP$1.2M0.02%1,160,000CommonSOLE
00827BAD8AFRM 0.75 12/15/29AFFIRM HOLDINGS INC$1.0M0.01%927,000CommonSOLE
902252AB1TYL 0.25 03/15/26TYLER TECHNOLOGIES INC$1.0M0.01%1,000,000CommonSOLE
04351PAD3ASND 2.25 04/01/28ASCENDIS PHARMA A/S$994,3150.01%700,000CommonSOLE
76680RAH0RNG 0 03/15/26RINGCENTRAL INC$974,6510.01%984,000CommonSOLE
405024AD2HAE 2.5 06/01/29HAEMONETICS CORP$938,7110.01%902,000CommonSOLE
31188VAB6FSLY 0 03/15/26FASTLY INC$850,0550.01%863,000CommonSOLE
376535AG5GLAD 5.875 10/01/30GLADSTONE CAPITAL CORP$738,9190.01%754,000CommonSOLE
40131MAB5GH 0 11/15/27GUARDANT HEALTH INC$599,6770.01%555,000CommonSOLE
70614WAB6PTON 0 02/15/26PELOTON INTERACTIVE INC$552,7110.01%559,000CommonSOLE
09075P204BTAIBIOXCEL THERAPEUTICS INC$385,9020.01%241,188CommonSOLE
G7553X114KRSP/WSRICE ACQUISITION CORP 3$319,9990.00%399,999CommonSOLE

Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.