OAKTREE CAPITAL MANAGEMENT LP
Follow13F filer, CIK 949509, LOS ANGELES, CA
OAKTREE CAPITAL MANAGEMENT LP reported $5,169,601,827 across 168 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-15. Its ten largest share positions make up 53.56% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000949509-25-000002
- Period
- 2025-03-31
- Reported value
- $5.17B
- Holdings
- 168
- Top 10 weight
- 53.56%
- New
- 44
- Sold out
- 41
Part of the filer group Oaktree Capital Holdings, LLC
Oaktree Capital Holdings, LLCOaktree Fund Advisors, LLC
- Oaktree Capital Holdings, LLC
- Oaktree Fund Advisors, LLC
- OAKTREE CAPITAL MANAGEMENT GP, LLC
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| NOKnew | +18,752,227 | $98.8M |
| TACnew | +5,585,253 | $52.1M |
| GRABnew | +10,275,995 | $46.6M |
| ITUBnew | +6,941,012 | $38.2M |
| BILInew | +1,925,797 | $36.8M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| INFINERA CORPexited | -25,175,384 | -$165M |
| EXEreduced | -1,375,000 | -$153M |
| SUNRISE COMMUNICATIONS AGexited | -1,440,836 | -$62.1M |
| TCOMexited | -717,222 | -$49.2M |
| YUMCexited | -877,830 | -$42.3M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Back to all 53 share positions
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| COHERUS ONCOLOGY INCCOHERUS ONCOLOGY INC BOND | principal | 49,030,000 | $48.3M | 0 |
| JETBLUE AIRWAYS CORPJETBLUE AIRWAYS CORP NOTE 0.500% 4/0 | principal | 43,234,000 | $40.9M | +3,291,000 |
| CABLE ONE INCCABLE ONE INC NOTE 3/1 | principal | 42,610,000 | $40.5M | -3,527,000 |
| PEBBLEBROOK HOTEL TRPEBBLEBROOK HOTEL TR NOTE 1.750%12/1 | principal | 43,139,000 | $40.4M | +2,011,000 |
| ANYWHERE REAL ESTATE GROUP LANYWHERE REAL ESTATE GROUP L CNV | principal | 33,515,000 | $31.2M | -2,961,000 |
| NEOGENOMICS INCNEOGENOMICS INC NOTE 0.250% 1/1 | principal | 31,456,000 | $27.3M | +27,647,000 |
| AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS A | principal | 25,108,000 | $24M | +23,575,000 |
| ETSY INCETSY INC NOTE 0.250% 6/1 | principal | 24,981,000 | $21.3M | +8,027,000 |
| SEA LTDSEA LTD NOTE 0.250% 9/1 | principal | 22,355,000 | $20.9M | +14,437,000 |
| GUARDANT HEALTH INCGUARDANT HEALTH INC NOTE 11/1 | principal | 22,076,000 | $19.6M | -16,459,000 |
| ECHOSTAR CORPECHOSTAR CORP NOTE 3.875%11/3 | principal | 16,000,000 | $17.9M | new |
| SNAP INCSNAP INC NOTE 0.125% 3/0 | principal | 20,672,000 | $17.5M | +11,872,000 |
| CONMED CORPCONMED CORP NOTE 2.250% 6/1 | principal | 17,428,000 | $16.4M | +9,509,000 |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION NOTE 1.750% 8/1 | principal | 17,118,000 | $15.5M | +10,587,000 |
| FIRST MAJESTIC SILVER CORPFIRST MAJESTIC SILVER CORP NOTE 0.375% 1/1 | principal | 15,626,000 | $14.7M | +7,147,000 |
| LIVANOVA PLCLIVANOVA PLC NOTE 2.500% 3/1 | principal | 14,988,000 | $14.3M | new |
| MARRIOTT VACATIONS WORLDWIDEMARRIOTT VACATIONS WORLDWIDE NOTE 3.250%12/1 | principal | 15,336,000 | $14.2M | +12,068,000 |
| TELADOC HEALTH INCTELADOC HEALTH INC NOTE 1.250% 6/0 | principal | 15,354,000 | $14.1M | +7,780,000 |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC Convertible | principal | 14,135,000 | $12.7M | +10,337,000 |
| PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1 | principal | 11,081,000 | $12.4M | +2,582,000 |
| NCL CORP LTDNCL CORP LTD BOND | principal | 12,559,000 | $12.2M | +1,500,000 |
| ASCENDIS PHARMA A/SASCENDIS PHARMA A/S Convertible bond | principal | 10,267,000 | $12.2M | -4,235,000 |
| SHIFT4 PMTS INCSHIFT4 PMTS INC NOTE 0.500% 8/0 | principal | 12,010,000 | $12.2M | +2,100,000 |
| H WORLD GROUP LTDH WORLD GROUP LTD Convertible bond | principal | 10,857,000 | $12.1M | +1,108,000 |
| CMS ENERGY CORPCMS ENERGY CORP NOTE 3.375% 5/0 | principal | 10,467,000 | $11.6M | +1,329,000 |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 11,497,000 | $10.9M | +9,196,000 |
| SHAKE SHACK INCSHAKE SHACK INC NOTE 3/0 | principal | 11,556,000 | $10.7M | +3,000,000 |
| SUNNOVA ENERGY INTL INC.SUNNOVA ENERGY INTL INC. NOTE 0.250%12/0 | principal | 106,199,000 | $10.6M | +32,296,000 |
| NEXTERA ENERGY CAP HLDGS INCNEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0 | principal | 8,841,000 | $10.2M | new |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 11,840,000 | $10.1M | new |
| SAREPTA THERAPEUTICS INCSAREPTA THERAPEUTICS INC NOTE 1.250% 9/1 | principal | 10,115,000 | $9.42M | +1,313,000 |
| DEXCOM INCDEXCOM INC NOTE 0.375% 5/1 | principal | 10,486,000 | $9.4M | new |
| UPSTART HLDGS INCUPSTART HLDGS INC NOTE 0.250% 8/1 | principal | 9,763,000 | $9.14M | +261,000 |
| GUARDANT HEALTH INCGUARDANT HEALTH INC DEBT 1.250% 2/1 | principal | 8,088,000 | $8.38M | new |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 1/1 | principal | 7,783,000 | $7.48M | +4,244,000 |
| PACIRA BIOSCIENCES INCPACIRA BIOSCIENCES INC NOTE 0.750% 8/0 | principal | 7,556,000 | $7.45M | +2,936,000 |
| CYTOKINETICS INCCYTOKINETICS INC NOTE 3.500% 7/0 | principal | 6,392,000 | $7.33M | -596,000 |
| TRAVERE THERAPEUTICS INCTRAVERE THERAPEUTICS INC CNV | principal | 7,241,000 | $7.23M | -4,259,000 |
| BLACKSTONE MORTGAGE TRUST INBLACKSTONE MORTGAGE TRUST IN NOTE 5.500% 3/1 | principal | 7,022,000 | $6.84M | +1,997,000 |
| PG&E CORPPG&E CORP NOTE 4.250%12/0 | principal | 6,225,000 | $6.59M | -9,050,000 |
| PENNYMAC CORPPENNYMAC CORP NOTE 5.500% 3/1 | principal | 6,589,000 | $6.55M | +1,820,000 |
| ZIFF DAVIS INCZIFF DAVIS INC NOTE 1.75% 11/01/2026 | principal | 6,886,000 | $6.49M | -1,035,000 |
| TWO HARBORS INVENTMENT CORPOTWO HARBORS INVENTMENT CORPO NOTE 6.250% 1/1 | principal | 6,466,000 | $6.42M | +3,806,000 |
| NATIONAL VISION HLDGS INCNATIONAL VISION HLDGS INC NOTE 2.500% 5/1 | principal | 6,266,000 | $6.23M | +2,134,000 |
| FIVE9 INCFIVE9 INC NOTE 0.500% 6/0 | principal | 6,163,000 | $6.11M | +5,439,000 |
| TANDEM DIABETES CARE INCTANDEM DIABETES CARE INC NOTE 1.500% 3/1 | principal | 6,442,000 | $6.07M | new |
| BLOCK INCBLOCK INC NOTE 0.250%11/0 | principal | 6,813,000 | $6.02M | +5,306,000 |
| FLUOR CORPFLUOR CORP NOTE 1.125% 8/1 | principal | 5,505,000 | $5.86M | +1,100,000 |
| INTEGRA LIFESCIENCES HLDGS CINTEGRA LIFESCIENCES HLDGS C NOTE 0.500% 8/1 | principal | 5,901,000 | $5.8M | -1,671,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500% 6/1 | principal | 6,089,000 | $5.64M | +4,089,000 |
| VAIL RESORTS INCVAIL RESORTS INC NOTE 1/0 | principal | 5,852,000 | $5.64M | +575,000 |
| Shopify IncShopify Inc Convertible bond | principal | 5,600,000 | $5.63M | new |
| ZTO EXPRESS CAYMAN INCZTO EXPRESS CAYMAN INC NOTE 1.500% 9/0 | principal | 5,503,000 | $5.55M | -3,340,000 |
| SUNNOVA ENERGY INTL INC.SUNNOVA ENERGY INTL INC. NOTE 2.625% 2/1 | principal | 61,469,000 | $5.53M | +13,650,000 |
| WORKIVA INCWORKIVA INC NOTE 1.250% 8/1 | principal | 5,897,000 | $5.5M | -2,065,000 |
| MESA LABS INCMESA LABS INC NOTE 1.375% 8/1 | principal | 5,438,000 | $5.31M | -69,000 |
| WAYFAIR INCWAYFAIR INC NOTE 0.625%10/0 | principal | 5,056,000 | $4.93M | -1,827,000 |
| WIX COM LTDWIX COM LTD NOTE 8/1 | principal | 4,890,000 | $4.8M | +63,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 0.500% 3/0 | principal | 5,491,000 | $4.75M | +4,043,000 |
| EXPEDIA GROUP INCEXPEDIA GROUP INC NOTE 2/1 | principal | 4,623,000 | $4.57M | new |
| PELOTON INTERACTIVE INCPELOTON INTERACTIVE INC NOTE 2/1 | principal | 4,746,000 | $4.5M | new |
| FUBOTV INCFUBOTV INC NOTE 3.250% 2/1 | principal | 4,392,000 | $4.26M | new |
| HERBALIFE LTDHERBALIFE LTD NOTE 4.250% 6/1 | principal | 4,787,000 | $4.13M | new |
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 0.875%12/0 | principal | 3,163,000 | $3.87M | -7,386,000 |
| AFFIRM HLDGS INCAFFIRM HLDGS INC NOTE 11/1 | principal | 3,693,000 | $3.41M | -1,127,000 |
| HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 3/0 | principal | 3,506,000 | $3.36M | -1,844,000 |
| OKTA INCOKTA INC NOTE 0.125% 9/0 | principal | 3,283,000 | $3.23M | +206,000 |
| UNITY SOFTWARE INCUNITY SOFTWARE INC NOTE 11/1 | principal | 3,216,000 | $2.99M | +615,000 |
| FIVERR INTL LTDFIVERR INTL LTD NOTE 11/0 | principal | 2,984,000 | $2.9M | -1,714,000 |
| SSR Mining IncSSR Mining Inc Convertible bond | principal | 2,873,000 | $2.88M | -1,948,000 |
| COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.250% 4/0 | principal | 2,850,000 | $2.65M | new |
| SOLAREDGE TECHNOLOGIES INCSOLAREDGE TECHNOLOGIES INC NOTE 9/1 | principal | 2,716,000 | $2.64M | new |
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN NOTE 3.500% 6/0 | principal | 2,150,000 | $2.59M | new |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 2,150,000 | $2.57M | -1,850,000 |
| WAYFAIR INCWAYFAIR INC NOTE 3.250% 9/1 | principal | 2,585,000 | $2.53M | -100,000 |
| GROUPON INCGROUPON INC NOTE 1.125% 3/1 | principal | 2,539,000 | $2.45M | +89,000 |
| BANDWIDTH INCBANDWIDTH INC NOTE 0.500% 4/0 | principal | 3,020,000 | $2.44M | -2,143,000 |
| ARRAY TECHNOLOGIES INCARRAY TECHNOLOGIES INC NOTE 1.000%12/0 | principal | 3,289,000 | $2.42M | -606,000 |
| REDFIN CORPREDFIN CORP NOTE 0.500% 4/0 | principal | 2,754,000 | $2.42M | +345,000 |
| LIVONGO HEALTH INCLIVONGO HEALTH INC NOTE 0.875% 6/0 | principal | 2,317,000 | $2.3M | new |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 1.500%12/1 | principal | 1,900,000 | $2.24M | new |
| REPLIGEN CORPREPLIGEN CORP NOTE 1.000%12/1 | principal | 2,200,000 | $2.15M | 0 |
| MAGNITE INCMAGNITE INC NOTE 0.250% 3/1 | principal | 2,239,000 | $2.14M | -1,164,000 |
| UPWORK INCUPWORK INC NOTE 0.250% 8/1 | principal | 2,217,000 | $2.08M | -1,203,000 |
| SNAP INCSNAP INC NOTE 0.250% 5/0 | principal | 2,041,000 | $2.03M | new |
| NICE LTDNICE LTD NOTE 9/1 | principal | 2,066,000 | $2.02M | new |
| IRHYTHM HOLDINGS INCIRHYTHM HOLDINGS INC NOTE 1.500% 9/0 | principal | 1,900,000 | $1.98M | new |
| SUMMIT HOTEL PPTYSSUMMIT HOTEL PPTYS NOTE 1.500% 2/1 | principal | 2,058,000 | $1.97M | +876,000 |
| TETRA TECH INC NEWTETRA TECH INC NEW DBCV 2.250% 8/1 | principal | 1,826,000 | $1.89M | -4,485,000 |
| EZCORP INCEZCORP INC NOTE 2.375% 5/0 | principal | 1,819,000 | $1.82M | -2,156,000 |
| BLOCK INCBLOCK INC NOTE 5/0 | principal | 1,901,000 | $1.81M | -800,000 |
| LI AUTO INCLI AUTO INC NOTE 0.250% 5/0 | principal | 1,450,000 | $1.71M | new |
| DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND | principal | 1,500,000 | $1.63M | new |
| VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 | principal | 1,250,000 | $1.61M | new |
| POST HLDGS INCPOST HLDGS INC NOTE 2.500% 8/1 | principal | 1,300,000 | $1.55M | 0 |
| GUESS INCGUESS INC BOND | principal | 1,682,000 | $1.55M | new |
| PARSONS CORP DELPARSONS CORP DEL NOTE 2.625% 3/0 | principal | 1,509,000 | $1.51M | new |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC NOTE 2.500% 3/1 | principal | 1,250,000 | $1.43M | new |
| NEOGENOMICS INCNEOGENOMICS INC Convertible Debt | principal | 1,376,000 | $1.37M | -700,000 |
| TRAVERE THERAPEUTICS INCTRAVERE THERAPEUTICS INC NOTE 2.500% 9/1 | principal | 1,377,000 | $1.35M | +344,000 |
| ALLIANT ENERGY CORPALLIANT ENERGY CORP NOTE 3.875% 3/1 | principal | 1,250,000 | $1.34M | new |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 5/0 | principal | 1,250,000 | $1.32M | new |
| LYFT INCLYFT INC Convertible | principal | 1,350,000 | $1.31M | new |
| OKTA INCOKTA INC NOTE 0.375% 6/1 | principal | 1,316,000 | $1.26M | new |
| PAR TECHNOLOGY CORPPAR TECHNOLOGY CORP NOTE 1.500%10/1 | principal | 1,100,000 | $1.18M | new |
| ALNYLAM PHARMACEUTICALS INCALNYLAM PHARMACEUTICALS INC NOTE 1.000% 9/1 | principal | 1,000,000 | $1.15M | -350,000 |
| MGP INGREDIENTS INC NEWMGP INGREDIENTS INC NEW NOTE 1.875%11/1 | principal | 1,211,000 | $1.15M | new |
| REDWOOD TRUST INCREDWOOD TRUST INC Convertible | principal | 1,094,000 | $1.08M | -707,000 |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL NOTE 2.250% 8/1 | principal | 700,000 | $852K | -6,815,000 |
| Esperion Therapeutics IncEsperion Therapeutics Inc NOTE 4.000%11/15/25 | principal | 774,000 | $759K | new |
| CERENCE INCCERENCE INC NOTE 1.500% 7/0 | principal | 590,000 | $419K | new |
| HEALTH CATALYST INCHEALTH CATALYST INC BOND | principal | 375,000 | $373K | -203,000 |
| THE REALREAL INCTHE REALREAL INC DEBT 4.000% 2/1 | principal | 295,000 | $246K | new |
Sold out in Q1 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| INFINERA CORPINFINERA CORP | 25,175,384 | $165M | shares |
| VSTVISTRA CORP | 660,000 | $91M | put |
| SUNRISE COMMUNICATIONS AGSUNRISE COMMUNICATIONS AG | 1,440,836 | $62.1M | shares |
| TCOMTRIP COM GROUP LTD | 717,222 | $49.2M | shares |
| YUMCYUM CHINA HLDGS INC | 877,830 | $42.3M | shares |
| PWRQUANTA SVCS INC | 120,000 | $37.9M | put |
| INFYINFOSYS LTD | 1,677,679 | $36.8M | shares |
| NTESNETEASE COM INC | 399,694 | $35.7M | shares |
| ENLINK MIDSTREAM LLCENLINK MIDSTREAM LLC | 2,499,111 | $35.4M | shares |
| PDDPDD HOLDINGS INC | 277,767 | $26.9M | shares |
| ALPHATEC HLDGS INCALPHATEC HLDGS INC | 15,000,000 | $14.2M | principal |
| SOUTHERN COSOUTHERN CO | 12,686,000 | $13.3M | principal |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC | 11,889,000 | $12M | principal |
| PAMPAMPA ENERGIA SA | 131,086 | $11.5M | shares |
| ADVANCED ENERGY INDSADVANCED ENERGY INDS | 7,122,000 | $7.79M | principal |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC | 8,609,000 | $7.68M | principal |
| LBTYALIBERTY GLOBAL LTD | 500,000 | $6.38M | call |
| CPNGCOUPANG INC | 241,544 | $5.31M | shares |
| NUVASIVE INCNUVASIVE INC | 4,913,000 | $4.87M | principal |
| RWT HLDGS INCRWT HLDGS INC | 4,710,000 | $4.69M | principal |
| EVENTBRITE INCEVENTBRITE INC | 5,177,000 | $4.59M | principal |
| NEW MTN FIN CORPNEW MTN FIN CORP | 3,968,000 | $4M | principal |
| PEGASYSTEMS INCPEGASYSTEMS INC | 3,787,000 | $3.77M | principal |
| INSMED INCINSMED INC | 1,642,000 | $3.56M | principal |
| MESOMESOBLAST LTD | 179,593 | $3.56M | shares |
| CHEGG INCCHEGG INC | 3,419,000 | $3.32M | principal |
| MARA HOLDINGS INCMARA HOLDINGS INC | 3,443,000 | $3.1M | principal |
| GREEN PLAINS INCGREEN PLAINS INC | 3,310,000 | $2.79M | principal |
| BENTLEY SYSTEMS INCBENTLEY SYSTEMS INC | 2,500,000 | $2.44M | principal |
| THE REALREAL INCTHE REALREAL INC | 3,099,000 | $2.43M | principal |
| NIO INCNIO INC | 2,324,000 | $2.29M | principal |
| CARDLYTICS INCCARDLYTICS INC | 2,415,000 | $2.18M | principal |
| 8X8 INC NEW8X8 INC NEW | 2,068,000 | $1.82M | principal |
| TRANSMEDICS GROUP INCTRANSMEDICS GROUP INC | 1,400,000 | $1.45M | principal |
| MARRIOTT VACATION WORLDWMARRIOTT VACATION WORLDW | 1,461,000 | $1.4M | principal |
| CRACKER BARREL OLD CTRY STORCRACKER BARREL OLD CTRY STOR | 1,376,000 | $1.3M | principal |
| LENDINGTREE INCLENDINGTREE INC | 1,136,000 | $1.09M | principal |
| NIO INCNIO INC | 932,000 | $688K | principal |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC | 517,000 | $522K | principal |
| ARBOR REALTY TRUST INCARBOR REALTY TRUST INC | 444,000 | $444K | principal |
| ECD AUTOMOTIVE DESIGN INCECD AUTOMOTIVE DESIGN INC | 75,000 | $72K | shares |
How Q1 2025 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0000949509-25-000002 | base | 2025-05-15 | acceptance time not in the bulk data set |