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OAKTREE CAPITAL MANAGEMENT LP

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13F filer, CIK 949509, LOS ANGELES, CA

OAKTREE CAPITAL MANAGEMENT LP reported $6,490,256,632 across 165 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-13. Its ten largest share positions make up 49.35% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000949509-25-000007

Period
2025-09-30
Reported value
$6.49B
Holdings
165
Top 10 weight
49.35%
New
32
Sold out
45

Part of the filer group Oaktree Capital Holdings, LLC

How groups are built

Largest buys vs the previous quarter

SecurityShares changeApprox. value
VNOMnew+6,285,062$240M
TDSnew+3,688,386$145M
CORZnew+6,400,708$115M
FTAInew+585,175$97.6M
NUnew+4,518,884$72.3M

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.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
SITIO ROYALTIES CORPexited-12,945,551-$238M
GTXreduced-5,000,000-$68.1M
AUreduced-762,476-$53.6M
CXreduced-4,390,208-$39.5M
CRCreduced-682,251-$36.3M

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.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0000949509-25-000007, largest first. % of portfolio is the value over $5,986,574,279, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
TRMDTORM PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 40,581,120 shares; 2024Q4: 40,581,120 shares; 2025Q1: 40,581,120 shares; 2025Q2: 40,581,120 shares; 2025Q3: 40,581,120 shares 40,581,120$835M13.94%02026-10-06, 13D/A: 0 shares, 0% of the class, 13D/A filed 2026-10-07 Timeline
EXEEXPAND ENERGY CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,870,884 shares; 2024Q4: 6,937,364 shares; 2025Q1: 5,562,364 shares; 2025Q2: 5,062,364 shares; 2025Q3: 5,062,363 shares 5,062,363$538M8.98%-1Timeline
GTXGARRETT MOTION INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 44,082,816 shares; 2024Q4: 44,082,816 shares; 2025Q1: 44,082,816 shares; 2025Q2: 36,894,816 shares; 2025Q3: 31,894,816 shares 31,894,816$434M7.26%-5,000,000Timeline
AUANGLOGOLD ASHANTI PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,657,451 shares; 2024Q4: 5,557,551 shares; 2025Q1: 5,464,851 shares; 2025Q2: 4,947,737 shares; 2025Q3: 4,185,261 shares 4,185,261$294M4.92%-762,476Timeline
VNOMVIPER ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 6,285,062 shares 6,285,062$240M4.01%newTimeline
TDSTELEPHONE & DATA SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 3,688,386 shares 3,688,386$145M2.42%newTimeline
TLNTALEN ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 696,676 shares; 2024Q4: 396,624 shares; 2025Q1: 319,829 shares; 2025Q2: 129,829 shares; 2025Q3: 291,117 shares 291,117$124M2.07%+161,288Timeline
STKLSUNOPTA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,726,126 shares; 2024Q4: 20,726,126 shares; 2025Q1: 20,726,126 shares; 2025Q2: 20,726,126 shares; 2025Q3: 20,726,126 shares 20,726,126$121M2.03%0Timeline
CORZCORE SCIENTIFIC INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 6,400,708 shares 6,400,708$115M1.92%newTimeline
BBARRICK MNG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 3,157,686 shares; 2025Q3: 3,302,086 shares 3,302,086$108M1.81%+144,400Timeline
LBTYALIBERTY GLOBAL LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,973,258 shares; 2024Q4: 7,204,190 shares; 2025Q1: 7,204,190 shares; 2025Q2: 8,212,191 shares; 2025Q3: 8,551,191 shares 8,551,191$98M1.64%+339,000Timeline
FTAIFTAI AVIATION LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 585,175 shares 585,175$97.6M1.63%newTimeline
CXCEMEX SAB DE CVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 14,689,032 shares; 2024Q4: 14,589,032 shares; 2025Q1: 19,383,729 shares; 2025Q2: 14,839,032 shares; 2025Q3: 10,448,824 shares 10,448,824$93.9M1.57%-4,390,208Timeline
ITUBITAU UNIBANCO HLDG S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,076,407 shares; 2024Q4: not reported; 2025Q1: 6,941,012 shares; 2025Q2: 11,004,494 shares; 2025Q3: 12,665,801 shares 12,665,801$93M1.55%+1,661,307Timeline
CBLCBL & ASSOC PPTYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,005,126 shares; 2024Q4: 3,005,126 shares; 2025Q1: 3,005,126 shares; 2025Q2: 3,005,126 shares; 2025Q3: 3,005,126 shares 3,005,126$91.9M1.54%0Timeline
NOKNOKIA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 18,752,227 shares; 2025Q2: 18,752,229 shares; 2025Q3: 18,752,229 shares 18,752,229$90.2M1.51%0Timeline
TACTRANSALTA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 5,585,253 shares; 2025Q2: 6,085,253 shares; 2025Q3: 6,415,253 shares 6,415,253$87.6M1.46%+330,000Timeline
RWAYRUNWAY GROWTH FINANCE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,779,667 shares; 2024Q4: 10,779,667 shares; 2025Q1: 10,779,667 shares; 2025Q2: 9,779,667 shares; 2025Q3: 8,279,667 shares 8,279,667$84.1M1.41%-1,500,000Timeline
KRCKILROY REALTY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,850,011 shares; 2024Q4: 1,850,011 shares; 2025Q1: 1,850,011 shares; 2025Q2: 1,850,011 shares; 2025Q3: 1,850,011 shares 1,850,011$78.2M1.31%0Timeline
GRABGRAB HOLDINGS LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 10,275,995 shares; 2025Q2: 11,569,295 shares; 2025Q3: 12,094,495 shares 12,094,495$72.8M1.22%+525,200Timeline
NUNU HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 4,518,884 shares 4,518,884$72.3M1.21%newTimeline
VISTVISTA ENERGY S.A.B. DE C.V.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,503,714 shares; 2024Q4: 2,293,561 shares; 2025Q1: 2,184,561 shares; 2025Q2: 2,061,561 shares; 2025Q3: 1,841,319 shares 1,841,319$63.3M1.06%-220,242Timeline
FCXFREEPORT MCMORAN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,425,239 shares; 2024Q4: 1,763,003 shares; 2025Q1: 2,191,108 shares; 2025Q2: 1,996,075 shares; 2025Q3: 1,504,865 shares 1,504,865$59M0.99%-491,210Timeline
LILAKLIBERTY LATIN AMERICA LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,328,516 shares; 2025Q3: 6,669,823 shares 6,669,823$56.3M0.94%+4,341,307Timeline
YMMFULL TRUCK ALLIANCE CO LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,842,337 shares; 2025Q3: 3,797,697 shares 3,797,697$49.3M0.82%+1,955,360Timeline
BLCOBAUSCH PLUS LOMB CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,521,245 shares; 2025Q3: 3,245,439 shares 3,245,439$48.9M0.82%+724,194Timeline
ECHOECHOSTAR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 600,000 shares 600,000$45.8M0.77%newTimeline
BZKANZHUN LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,011,574 shares; 2024Q4: 1,762,631 shares; 2025Q1: 1,170,961 shares; 2025Q2: 1,571,272 shares; 2025Q3: 1,643,572 shares 1,643,572$38.4M0.64%+72,300Timeline
XPXP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 510,764 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 2,032,877 shares 2,032,877$38.2M0.64%newTimeline
CRCCALIFORNIA RES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,046,753 shares; 2024Q4: 2,046,753 shares; 2025Q1: 1,376,753 shares; 2025Q2: 1,376,753 shares; 2025Q3: 694,502 shares 694,502$36.9M0.62%-682,251Timeline
SBLKSTAR BULK CARRIERS CORP.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,712,206 shares; 2024Q4: 5,373,631 shares; 2025Q1: 5,373,631 shares; 2025Q2: 3,230,527 shares; 2025Q3: 1,962,892 shares 1,962,892$36.5M0.61%-1,267,635Timeline
ADARRAY DIGITAL INFRASTRUCTUREQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 724,444 shares 724,444$36.2M0.61%newTimeline
TXTERNIUM SAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 844,909 shares; 2024Q4: 828,309 shares; 2025Q1: 812,609 shares; 2025Q2: 919,709 shares; 2025Q3: 897,509 shares 897,509$31.2M0.52%-22,200Timeline
NBRNABORS INDUSTRIES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 737,112 shares 737,112$30.1M0.5%newTimeline
SESEA LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 83,513 shares; 2025Q3: 141,368 shares 141,368$25.3M0.42%+57,855Timeline
ECVTECOVYST INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 2,859,022 shares 2,859,022$25M0.42%newTimeline
OCSLOAKTREE SPECIALTY LENDINGQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,852,456 shares; 2024Q4: 1,852,456 shares; 2025Q1: 1,852,456 shares; 2025Q2: 1,852,456 shares; 2025Q3: 1,852,456 shares 1,852,456$24.2M0.4%0Timeline
JBSJBS N.V.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 238,610 shares; 2025Q3: 1,580,400 shares 1,580,400$23.6M0.39%+1,341,790Timeline
VALEVALE S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,203,466 shares; 2024Q4: 7,192,005 shares; 2025Q1: 6,014,782 shares; 2025Q2: 2,033,706 shares; 2025Q3: 2,033,706 shares 2,033,706$22.1M0.37%0Timeline
TEOTELECOM ARGENTINA SAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,079,088 shares; 2024Q4: 2,799,263 shares; 2025Q1: 2,709,263 shares; 2025Q2: 2,644,263 shares; 2025Q3: 2,629,483 shares 2,629,483$19.1M0.32%-14,780Timeline
OPTUOPTIMUM COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,500,000 shares; 2024Q4: 7,500,000 shares; 2025Q1: 7,500,000 shares; 2025Q2: 7,500,000 shares; 2025Q3: 7,500,000 shares 7,500,000$18.1M0.3%0Timeline
ALVOALVOTECHQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,532,027 shares; 2024Q4: 1,925,705 shares; 2025Q1: 1,868,483 shares; 2025Q2: 1,563,676 shares; 2025Q3: 1,563,676 shares 1,563,676$12.8M0.21%0Timeline
INDIVIOR PLCINDIVIOR PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,521,980 shares; 2024Q4: 8,733,548 shares; 2025Q1: 11,009,125 shares; 2025Q2: 11,009,125 shares; 2025Q3: 257,785,398 shares 257,785,398$10.7M+246,776,273Value about 1/1,000 of the price other filers imply, kept as filed and left out of ratios.
SMRTSMARTRENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,505,294 shares; 2024Q4: 7,505,294 shares; 2025Q1: 7,505,294 shares; 2025Q2: 7,505,294 shares; 2025Q3: 7,505,294 shares 7,505,294$10.6M0.18%0Timeline
EXPAND ENERGY CORPORATIONEXPAND ENERGY CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 95,294 shares; 2025Q1: 95,294 shares; 2025Q2: 95,294 shares; 2025Q3: 95,294 shares 95,294$9.22M0.15%0
MXMAGNACHIP SEMICONDUCTOR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,849,858 shares; 2024Q4: 2,849,858 shares; 2025Q1: 2,849,858 shares; 2025Q2: 2,849,858 shares; 2025Q3: 2,849,858 shares 2,849,858$8.92M0.15%0Timeline
ACRACRES COMMERCIAL REALTY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 391,380 shares 391,380$8.28M0.14%newTimeline
BHCBAUSCH HEALTH COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,270,000 shares; 2024Q4: 1,270,000 shares; 2025Q1: 1,270,000 shares; 2025Q2: 1,270,000 shares; 2025Q3: 1,270,000 shares 1,270,000$8.19M0.14%0Timeline
ALVOWALVOTECHQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,666,667 shares; 2024Q4: 4,666,667 shares; 2025Q1: 4,666,667 shares; 2025Q2: 4,666,667 shares; 2025Q3: 4,666,667 shares 4,666,667$7.09M0.12%0Timeline
LILALIBERTY LATIN AMERICA LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 846,474 shares 846,474$7.02M0.12%newTimeline
LGNLEGENCE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 175,000 shares 175,000$5.39M0.09%newTimeline
HDBHDFC BANK LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 54,040 shares; 2024Q4: 89,697 shares; 2025Q1: 89,697 shares; 2025Q2: 84,843 shares; 2025Q3: 151,206 shares 151,206$5.17M0.09%+66,363Timeline
BATLBATTALION OIL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,009,912 shares; 2024Q4: 3,009,912 shares; 2025Q1: 3,009,912 shares; 2025Q2: 3,009,912 shares; 2025Q3: 3,013,823 shares 3,013,823$3.65M0.06%+3,911Timeline
TGSTRANSPORTADORA DE GAS DEL SUQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 923,183 shares; 2024Q4: 794,183 shares; 2025Q1: 484,606 shares; 2025Q2: 137,630 shares; 2025Q3: 56,522 shares 56,522$1.19M0.02%-81,108Timeline
BTAIBIOXCEL THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 241,188 shares; 2025Q3: 241,188 shares 241,188$617K0.01%0Timeline
TPICQTPI COMPOSITES INC COMQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,610,003 shares; 2024Q4: 4,610,003 shares; 2025Q1: 4,610,003 shares; 2025Q2: 4,610,003 shares; 2025Q3: 4,610,003 shares 4,610,003$143K<0.01%0Timeline

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).

SecurityTypeAmountValueChange
SPYSTATE STR SPDR S&P 500 ETF T SHSput330,000$220M-690,000
ORCLORACLE CORP COMput500,000$141Mnew
IWMISHARES TR SHSput220,000$53.2M-20,000
MARMARRIOTT INTL INC NEW Stockput150,000$39.1Mnew
TLNTALEN ENERGY CORP Stockcall65,000$27.6M0
WINGWINGSTOP INC Stockput50,000$12.6Mnew

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

The largest 100 of 103. All 103

SecurityTypeAmountValueChange
JETBLUE AIRWAYS CORPJETBLUE AIRWAYS CORP NOTE 0.500% 4/0principal68,263,000$66.6M+8,282,000
CABLE ONE INCCABLE ONE INC NOTE 3/1principal58,746,000$57.4M+6,934,000
CONMED CORPCONMED CORP NOTE 2.250% 6/1principal40,513,000$38.6M+12,808,000
AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS Aprincipal39,353,000$38.6M+3,053,000
TELADOC HEALTH INCTELADOC HEALTH INC NOTE 1.250% 6/0principal40,638,000$38.2M+10,300,000
SEA LTDSEA LTD NOTE 0.250% 9/1principal37,028,000$35.6M+6,959,000
ETSY INCETSY INC NOTE 0.250% 6/1principal39,330,000$34.8M+7,523,000
MARRIOTT VACATIONS WORLDWIDEMARRIOTT VACATIONS WORLDWIDE NOTE 3.250%12/1principal35,832,000$34.2M+9,999,000
SAREPTA THERAPEUTICS INCSAREPTA THERAPEUTICS INC NOTE 1.250% 9/1principal34,930,000$30.8M+30,010,000
SUMMIT HOTEL PPTYSSUMMIT HOTEL PPTYS NOTE 1.500% 2/1principal29,441,000$29M-1,014,000
PEBBLEBROOK HOTEL TRPEBBLEBROOK HOTEL TR NOTE 1.750%12/1principal26,176,000$25.9M-36,247,000
JD.COM INCJD.COM INC NOTE 0.250% 6/0principal23,821,000$25.7M+11,469,000
ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0principal28,622,000$24.9M+13,867,000
ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 1/1principal24,757,000$24.5M-189,000
ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION NOTE 1.750% 8/1principal25,479,000$24.1M+3,198,000
CRACKER BARREL OLD CTRY STORCRACKER BARREL OLD CTRY STOR cvprincipal24,773,000$23.8M+14,851,000
AEROVIRONMENT INCAEROVIRONMENT INC NOTE 7/1principal17,763,000$22.1Mnew
ARRAY TECHNOLOGIES INCARRAY TECHNOLOGIES INC NOTE 1.000%12/0principal24,689,000$21.5M+18,241,000
JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD Convertibleprincipal16,700,000$19.9Mnew
FIRST MAJESTIC SILVER CORPFIRST MAJESTIC SILVER CORP NOTE 0.375% 1/1principal18,133,000$19.7M-2,472,000
CMS ENERGY CORPCMS ENERGY CORP NOTE 3.375% 5/0principal17,343,000$19M+6,326,000
BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC NOTE 1.250% 5/1principal19,719,000$18.7M+18,238,000
MKS INC.MKS INC. NOTE 1.250% 6/0principal16,705,000$18.3M+4,720,000
PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1principal15,733,000$18M+4,352,000
MGP INGREDIENTS INC NEWMGP INGREDIENTS INC NEW NOTE 1.875%11/1principal17,275,000$16.6Mnew
OKTA INCOKTA INC NOTE 0.375% 6/1principal16,906,000$16.5M+12,249,000
COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.250% 4/0principal13,010,000$16.4M+5,116,000
LIVANOVA PLCLIVANOVA PLC NOTE 2.500% 3/1principal15,085,000$16.3M+5,090,000
AMPHASTAR PHARMACEUTICALS INAMPHASTAR PHARMACEUTICALS IN NOTE 2.000% 3/1principal17,825,000$16.2Mnew
WEC ENERGY GROUP INCWEC ENERGY GROUP INC Convertibleprincipal12,414,000$15.3M+5,260,000
SPECTRUM BRANDS INCSPECTRUM BRANDS INC Convertible Bondprincipal16,221,000$15.1Mnew
PARSONS CORP DELPARSONS CORP DEL NOTE 2.625% 3/0principal12,910,000$14.7M+5,707,000
SHIFT4 PMTS INCSHIFT4 PMTS INC NOTE 0.500% 8/0principal14,544,000$14.3M+2,631,000
SNAP INCSNAP INC NOTE 0.125% 3/0principal15,339,000$13.7M-14,098,000
MERITAGE HOMES CORPMERITAGE HOMES CORP NOTE 1.750% 5/1principal12,695,000$13.1M+6,618,000
TETRA TECH INC NEWTETRA TECH INC NEW DBCV 2.250% 8/1principal11,905,000$12.9M+4,936,000
DEXCOM INCDEXCOM INC NOTE 0.250%11/1principal12,963,000$12.9M-3,148,000
ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0principal13,060,000$12.8M-10,441,000
FLUOR CORPFLUOR CORP NOTE 1.125% 8/1principal10,471,000$12.5M+5,460,000
GUARDANT HEALTH INCGUARDANT HEALTH INC DEBT 1.250% 2/1principal9,240,000$12.1M+2,047,000
SNAP INCSNAP INC NOTE 5/0principal12,977,000$12M+10,975,000
SHAKE SHACK INCSHAKE SHACK INC NOTE 3/0principal11,716,000$11.2M+2,895,000
UPSTART HLDGS INCUPSTART HLDGS INC NOTE 0.250% 8/1principal11,443,000$10.9M-458,000
BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC Convertibleprincipal10,757,000$10.6M-7,299,000
TRAVERE THERAPEUTICS INCTRAVERE THERAPEUTICS INC CNVprincipal9,213,000$10.4M+1,472,000
NABORS INDS INCNABORS INDS INC NOTE 1.750% 6/1principal12,833,000$9.88M+6,333,000
BLOCK INCBLOCK INC NOTE 5/0principal10,014,000$9.76M+9,500,000
DAYFORCE INCDAYFORCE INC NOTE 0.250% 3/1principal9,382,000$9.19M-8,698,000
HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 3/0principal9,246,000$9.08M+4,737,000
NEXTERA ENERGY CAP HLDGS INCNEXTERA ENERGY CAP HLDGS INC NOTE 3.000% 3/0principal7,568,000$8.96M+427,000
REPLIGEN CORPREPLIGEN CORP NOTE 1.000%12/1principal8,822,000$8.89M+3,026,000
BLACKLINE INCBLACKLINE INC NOTE 1.000% 6/0principal8,148,000$8.48M+1,203,000
LI AUTO INCLI AUTO INC NOTE 0.250% 5/0principal7,279,000$8.32M+3,982,000
REDFIN CORPREDFIN CORP NOTE 0.500% 4/0principal8,120,000$7.54M+1,095,000
VERTEX INCVERTEX INC NOTE 0.750% 5/0principal7,250,000$7.39Mnew
BANDWIDTH INCBANDWIDTH INC NOTE 0.500% 4/0principal8,630,000$7.37M+4,329,000
FIVE9 INCFIVE9 INC CNVprincipal7,783,000$6.92Mnew
BLACKSTONE MORTGAGE TRUST INBLACKSTONE MORTGAGE TRUST IN NOTE 5.500% 3/1principal6,939,000$6.83M-212,000
LANTHEUS HLDGS INCLANTHEUS HLDGS INC Convertibleprincipal6,275,000$6.62M+5,375,000
MAGNITE INCMAGNITE INC NOTE 0.250% 3/1principal6,637,000$6.49M0
LCI INDSLCI INDS NOTE 1.125% 5/1principal6,406,000$6.16M+6,245,000
ZIFF DAVIS INCZIFF DAVIS INC NOTE 1.75% 11/01/2026principal6,376,000$6.13M+930,000
VAIL RESORTS INCVAIL RESORTS INC NOTE 1/0principal6,090,000$6.02M-1,368,000
REDWOOD TRUST INCREDWOOD TRUST INC Convertibleprincipal5,583,000$5.6M+1,738,000
TRIP COM GROUP LTDTRIP COM GROUP LTD NOTE 0.750% 6/1principal4,224,000$5.4M+228,000
PENNYMAC CORPPENNYMAC CORP NOTE 5.500% 3/1principal5,411,000$5.4M0
SOUTHERN COSOUTHERN CO NOTE 4.500% 6/1principal4,557,000$5.08M-8,902,000
FRESHPET INCFRESHPET INC NOTE 3.000% 4/0principal4,300,000$4.84Mnew
VERINT SYSTEMS INCVERINT SYSTEMS INC BONDprincipal4,626,000$4.54M-3,209,000
UPWORK INCUPWORK INC NOTE 0.250% 8/1principal4,646,000$4.51M-1,727,000
FUBOTV INCFUBOTV INC NOTE 3.250% 2/1principal4,538,000$4.49M-1,023,000
GUARDANT HEALTH INCGUARDANT HEALTH INC NOTE 11/1principal4,647,000$4.48M-370,000
WINNEBAGO INDS INCWINNEBAGO INDS INC NOTE 3.250% 1/1principal4,908,000$4.41Mnew
CALLAWAY GOLF COCALLAWAY GOLF CO NOTE 2.750% 5/0principal4,446,000$4.39M+2,049,000
NOVOCURE LTDNOVOCURE LTD NOTE 11/0principal4,337,000$4.31M+1,952,000
AFFIRM HLDGS INCAFFIRM HLDGS INC NOTE 11/1principal4,291,000$4.1M0
TWO HARBORS INVENTMENT CORPOTWO HARBORS INVENTMENT CORPO NOTE 6.250% 1/1principal3,724,000$3.72M-1,041,000
GUESS INCGUESS INC BONDprincipal3,621,000$3.59M-1,302,000
UNITY SOFTWARE INCUNITY SOFTWARE INC NOTE 11/1principal3,751,000$3.58M+535,000
NEOGENOMICS INCNEOGENOMICS INC NOTE 0.250% 1/1principal3,930,000$3.4M+111,000
CERENCE INCCERENCE INC NOTE 1.500% 7/0principal4,061,000$3.39M-804,000
BILL HOLDINGS INCBILL HOLDINGS INC NOTE 4/0principal3,357,000$3.13M+635,000
BLOCK INCBLOCK INC NOTE 0.250%11/0principal3,371,000$3.08M+907,000
Q2 HLDGS INCQ2 HLDGS INC NOTE 0.125%11/1principal2,701,000$2.68Mnew
HERBALIFE LTDHERBALIFE LTD NOTE 4.250% 6/1principal2,847,000$2.65M-895,000
BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC NOTE 2.500% 3/1principal1,850,000$2.6M-250,000
GROUPON INCGROUPON INC NOTE 1.125% 3/1principal2,382,000$2.3M+1,046,000
ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 5/0principal1,950,000$2.22M0
UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC NOTE 0.875%12/0principal1,503,000$2.21M-1,660,000
Esperion Therapeutics IncEsperion Therapeutics Inc NOTE 4.000%11/15/25principal2,114,000$2.11M+651,000
SNAP INCSNAP INC NOTE 0.75% 08/01/2026principal2,063,000$1.98Mnew
DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNVprincipal2,031,000$1.92Mnew
BENTLEY SYS INCBENTLEY SYS INC NOTE 0.375% 7/0principal1,886,000$1.78M-166,000
POST HLDGS INCPOST HLDGS INC NOTE 2.500% 8/1principal1,300,000$1.46M0
LYFT INCLYFT INC Convertibleprincipal1,100,000$1.42Mnew
WAYFAIR INCWAYFAIR INC NOTE 3.250% 9/1principal900,000$1.37M-1,685,000
ASCENDIS PHARMA A/SASCENDIS PHARMA A/S Convertible bondprincipal1,000,000$1.36M-304,000
PELOTON INTERACTIVE INCPELOTON INTERACTIVE INC NOTE 2/1principal1,354,000$1.33M-2,315,000
ZIFF DAVIS INCZIFF DAVIS INC DEBT 3.625% 3/0principal1,351,000$1.31Mnew
FASTLY INCFASTLY INC NOTE 3/1principal1,354,000$1.3Mnew

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
SITIO ROYALTIES CORPSITIO ROYALTIES CORP12,945,551$238Mshares
XHBSPDR SERIES TRUST690,000$68Mput
ECECOPETROL S A3,549,822$31.4Mshares
BEKEKE HLDGS INC1,513,039$26.8Mshares
ECHOSTAR CORPECHOSTAR CORP21,447,560$25.3Mprincipal
WIX COM LTDWIX COM LTD21,116,000$21.1Mprincipal
OKTA INCOKTA INC20,241,000$20.1Mprincipal
UNITI GROUP INCUNITI GROUP INC3,397,592$14.7Mshares
ANYWHERE REAL ESTATE GROUP LANYWHERE REAL ESTATE GROUP L13,200,000$13Mprincipal
BRYBerry Corp3,697,000$10.2Mshares
YPFYPF SOCIEDAD ANONIMA324,330$10.2Mshares
DEXCOM INCDEXCOM INC8,288,000$7.82Mprincipal
H WORLD GROUP LTDH WORLD GROUP LTD6,884,000$7.28Mprincipal
CYTOKINETICS INCCYTOKINETICS INC6,692,000$7.14Mprincipal
ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD5,397,000$6.9Mprincipal
MARRIOTT VACATIONS WORLDWIDEMARRIOTT VACATIONS WORLDWIDE6,746,000$6.53Mprincipal
LUMENTUM HLDGS INCLUMENTUM HLDGS INC3,997,000$6.14Mprincipal
NICE LTDNICE LTD6,124,000$6.06Mprincipal
ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP6,380,000$5.92Mprincipal
WORKIVA INCWORKIVA INC6,248,000$5.8Mprincipal
INTEGRA LIFESCIENCES HLDGS CINTEGRA LIFESCIENCES HLDGS C5,761,000$5.71Mprincipal
HAEMONETICS CORP MASSHAEMONETICS CORP MASS5,463,000$5.45Mprincipal
MESA LABS INCMESA LABS INC5,438,000$5.41Mprincipal
HDSNHUDSON TECHNOLOGIES INC562,662$4.57Mshares
BMABANCO MACRO S A60,591$4.25Mshares
DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW3,750,000$3.97Mprincipal
SPOTIFY USA INCSPOTIFY USA INC2,000,000$3.03Mprincipal
SSR Mining IncSSR Mining Inc2,419,000$2.51Mprincipal
CLOUDFLARE INCCLOUDFLARE INC2,000,000$2.37Mprincipal
REDFIN CORPREDFIN CORP2,381,000$2.33Mprincipal
HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC2,000,000$2Mprincipal
PG&E CORPPG&E CORP1,975,000$1.96Mprincipal
AMERICAN AIRLINES GROUP INCAMERICAN AIRLINES GROUP INC1,500,000$1.5Mprincipal
BAKBRASKEM SA453,167$1.49Mshares
TRAVERE THERAPEUTICS INCTRAVERE THERAPEUTICS INC1,377,000$1.36Mprincipal
SUNNOVA ENERGY INTL INC.SUNNOVA ENERGY INTL INC.106,199,000$1.33Mprincipal
PAR TECHNOLOGY CORPPAR TECHNOLOGY CORP1,100,000$1.26Mprincipal
TYLER TEX INDPT SCH DISTTYLER TEX INDPT SCH DIST1,000,000$1.23Mprincipal
UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC1,000,000$1.2Mprincipal
VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP1,000,000$1.2Mprincipal
PAGERDUTY INCPAGERDUTY INC1,033,000$1.03Mprincipal
BLACKLINE INCBLACKLINE INC1,020,000$983Kprincipal
ALNYLAM PHARMACEUTICALS INCALNYLAM PHARMACEUTICALS INC750,000$976Kprincipal
SEAGATE HDD CAYMANSEAGATE HDD CAYMAN500,000$900Kprincipal
SUNNOVA ENERGY INTL INC.SUNNOVA ENERGY INTL INC.61,469,000$768Kprincipal

How Q3 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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000949509-25-000007 base2025-11-13acceptance time not in the bulk data set