13F filing recap · Q3 2024

What did Oaktree Capital Management buy in Q3 2024?

Reported stock-position changes between this filing and the previous one.

Stock value

$5.31B

Positions

Estimated turnover

19.3%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Quarter in review

Oaktree Capital Management opened new positions in Talen Energy Corporation, California Resources Corp, Yum China Holdings, Pdd Holdings, Infosys, Enlink Midstream, Kanzhun, Netease, Daqo New Energy, and Xp Inc. It exited Azul, Gerdau, and Star Holdings. The firm substantially increased its stake in Liberty Global and dramatically added to Indivior Pharmaceuticals, while substantially trimming Vale, Jd.com, Bank Bradesco, and Ypf Sociedad Anonima.

New positions

TLNTalen Energy Corporation$124.18Mreported value+696.7K shares CRCCalifornia Resources Corp$107.39Mreported value+2.05M shares YUMCYum China Holdings, Inc.$43.98Mreported value+976.9K shares PDDPdd Holdings Inc.$38.19Mreported value+283.3K shares

Increased positions

LBTYALiberty Global Ltd.$126.10Mreported value+2.17M shares+57.1%FCXFreeport-Mcmoran Inc.$121.07Mreported value+7.3K shares+0.3%INDVIndivior Pharmaceuticals, Inc.$94.07Mreported value+5.03M shares+111.9%ITUBItau Unibanco Holding S.a.$60.36Mreported value+2.43M shares

Reduced positions

TRMDTorm Plc$1.38Breported value-3.53M shares-8.0%AUAnglogold Ashanti Plc$150.66Mreported value-671.4K shares-10.6%SBLKStar Bulk Carriers Corp.$135.32Mreported value-2.25M shares-28.3%VALEVale S.a.$95.82Mreported value-4.55M shares

Exited positions

GGBGerdau S.a.$19.43Mprior reported value-5.89M shares-100.0%STHOStar Holdings$11.66Mprior reported value-966.9K shares-100.0%AZULAzul SA$9.78Mprior reported value-2.45M shares-100.0%