13F filing recap · Q3 2025

What did Oaktree Capital Management buy in Q3 2025?

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

Stock value

$4.74B

Positions

Estimated turnover

38.9%

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.

New positions

VNOMViper Energy, Inc.$240.22Mreported value+6.29M shares TDSTelephone and Data Systems, Inc.$144.73Mreported value+3.69M shares CORZCore Scientific, Inc./tx$114.83Mreported value+6.40M shares FTAIFtai Aviation Ltd.$97.64Mreported value+585.2K shares NUNu Holdings Ltd.$72.35Mreported value+4.52M shares ECHOEchostar Corporation$45.82Mreported value+600.0K shares XPXp Inc.$38.20Mreported value+2.03M shares ADArray Digital Infrastructure, Inc.$36.23Mreported value+724.4K shares NBRNabors Industries Ltd$30.13Mreported value+737.1K shares ECVTEcovyst Inc.$25.05Mreported value+2.86M shares ACRAcres Commercial Realty Corp.$8.28Mreported value+391.4K shares LILALiberty Latin America Ltd.$7.02Mreported value+846.5K shares LGNLegence Corp.$5.39Mreported value+175.0K shares

Increased positions

TLNTalen Energy Corporation$123.84Mreported value+161.3K shares+124.2%BBarrick Mining Corp$108.21Mreported value+144.4K shares+4.6%LBTYALiberty Global Ltd.$98.00Mreported value+339.0K shares+4.1%ITUBItau Unibanco Holding S.a.$92.97Mreported value+1.66M shares

Reduced positions

EXEChesapeake Energy Corporation$537.83Mreported value-1 shares0.0%GTXGarrett Motion Inc.$434.41Mreported value-5.00M shares-13.6%AUAnglogold Ashanti Plc$294.35Mreported value-762.5K shares-15.4%CXCemex S.a.b. De C.v.$93.93Mreported value-4.39M shares

Exited positions

STRSitio Royalties Corp.$237.94Mprior reported value-12.95M shares-100.0%ECEcopetrol S.a.$31.42Mprior reported value-3.55M shares-100.0%BEKEKe Holdings Inc.$26.84Mprior reported value-1.51M shares-100.0%UNITUniti Group Inc.$14.68Mprior reported value-3.40M shares