13F filing recap · Q4 2024

What did Oaktree Capital Management buy in Q4 2024?

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

Stock value

$4.48B

Positions

Estimated turnover

11.1%

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 Sunrise Communications AG, Barrick Mining Corp, Chesapeake Energy Corporation, Coupang, and Mesoblast Limited, while exiting Alibaba, Bank Bradesco, Hims & Hers Health, Itau Unibanco, Joyy, YPF, and XP Inc. The firm substantially increased its stake in Netease and HDFC Bank, and significantly trimmed Talen Energy and Pampa Energy. It also moderately added to Liberty Global while reducing CBL & Associates Properties, Freeport-McMoRan, JD.com, and several other holdings.

New positions

SNRENSunrise Communications AG$62.07Mreported value+1.44M shares ABXBarrick Mining Corp$15.73Mreported value+1.02M shares EXEELChesapeake Energy Corporation$8.24Mreported value+95.3K shares CPNGCoupang, Inc.$5.31Mreported value+241.5K shares

Increased positions

EXEChesapeake Energy Corporation$690.61Mreported value+66.5K shares+1.0%LBTYALiberty Global Ltd.$91.93Mreported value+1.23M shares+20.6%NTESNetease, Inc.$35.66Mreported value+167.1K shares+71.8%HDBHdfc Bank Limited$5.73Mreported value+35.7K shares

Reduced positions

AUAnglogold Ashanti Plc$128.27Mreported value-99.9K shares-1.8%VISTVista Energy, S.a.b. De C.v.$124.10Mreported value-210.2K shares-8.4%INDVIndivior Pharmaceuticals, Inc.$112.00Mreported value-788.4K shares-8.3%CBLCbl & Associates Properties, Inc.$88.38Mreported value-1.00M shares

Exited positions

ITUBItau Unibanco Holding S.a.$60.36Mprior reported value-9.08M shares-100.0%BBDBank Bradesco$37.55Mprior reported value-14.11M shares-100.0%JOYYJoyy Inc$31.99Mprior reported value-882.6K shares-100.0%BABAAlibaba Group Holding Limited$23.85Mprior reported value-224.7K shares