About Howard Marks
Howard Marks is the co-founder and co-chairman of Oaktree Capital Management, the largest investor in distressed securities worldwide. He is highly respected for his insightful "memos to Oaktree clients," which detail his investment strategies and views on the economy. Marks is considered a legendary figure in the world of credit and value investing, with a strong emphasis on risk management.
Howard Marks Top Holdings of 2025-06-30
| Ticker | Name | Shares | Value | % of Portfolio | Time Held | % Change |
|---|---|---|---|---|---|---|
| 40.58 M | $681.59 M | 11.72% | 6.7 Years | 0.00% | ||
| 5.06 M | $591.99 M | 10.18% | 4.2 Years | -8.99% | ||
| 36.89 M | $387.76 M | 6.67% | 4 Years | -16.31% | ||
| 12.95 M | $237.94 M | 4.09% | 2.5 Years | +0.08% | ||
| 4.95 M | $225.47 M | 3.88% | 1.7 Years | -9.46% | ||
| 11.01 M | $162.27 M | 2.79% | 1.2 Years | 0.00% | ||
| 20.73 M | $120.19 M | 2.07% | 8.2 Years | 0.00% | ||
| 9.78 M | $104.94 M | 1.80% | 3.5 Years | -9.28% | ||
| 14.84 M | $102.83 M | 1.77% | >10 Years | -23.45% | ||
| 2.06 M | $98.56 M | 1.70% | 5.7 Years | -5.63% |
Recent Moves
Significant New Position
+2.52 M Shares | +$32.8 M Value
Continues to build a major stake in the Healthcare sector
2025 Q2
Added to Core Holding
+4.06 M Shares | +$27.59 M Value
Largest position increase in Financials sector
2025 Q2
Reduced Exposure to Position
-7.19 M Shares | -$75.55 M Value
Significant reduction in holdings of Consumer Discretionary
2025 Q2
Complete Exit
-1.23 M Shares | -$45.5 M Value
Cleared HTHT, sector remains in portfolio
2025 Q2
Howard Marks's Historical Top Holdings Breakdown
Portfolio Date:
Howard Marks Top Stock Picks
| Ticker | Name | Date | Activity | Shares | Shares Change | Value Change |
|---|---|---|---|---|---|---|
| 06/30/2025 | Reduce -16.3% | 36.89 M | -7.19 M | $75.55 M | ||
| 06/30/2025 | Reduce -9.0% | 5.06 M | -500,000 | $58.47 M | ||
| 06/30/2025 | Reduce -59.4% | 129,829 | -190,000 | $55.25 M | ||
| 06/30/2025 | Sold Out | 1.23 M | -1.23 M | $45.5 M | ||
| 06/30/2025 | Sold Out | 960,796 | -960,796 | $39.51 M | ||
| 06/30/2025 | Reduce -66.2% | 2.03 M | -3.98 M | $38.66 M | ||
| 06/30/2025 | Sold Out | 2.66 M | -2.66 M | $38.14 M | ||
| 06/30/2025 | Reduce -39.9% | 3.23 M | -2.14 M | $36.97 M | ||
| 06/30/2025 | Sold Out | 1.93 M | -1.93 M | $36.8 M | ||
| 06/30/2025 | New Buy | 2.52 M | 2.52 M | $32.8 M |