Howard Marks's CX Position Overview
Howard Marks (via Oaktree Capital Management Lp) currently holds 10.4M shares of CEMEX, S.A.B. de C.V. (CX) worth $93.93 M, representing 1.45% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Howard Marks has maintained a long-term strategic position in CX, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2020, adding 8.7M shares. Largest reduction occurred in Q2 2022, reducing 10.0M shares.
Analysis based on 13F filings available since 2013 Q2
Howard Marks's CEMEX SAB de CV (CX) Holding Value Over Time
Track share changes against reported price movement
Quarterly CEMEX SAB de CV (CX) Trades by Howard Marks
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +74,946 | New Buy | 74,946 | $8.11 |
| Q2 2013 | +55,007 | Add 73.40% | 129,953 | $9.04 |
| Q3 2013 | +37,084 | Add 28.54% | 167,037 | $9.55 |
| Q4 2013 | +1.88 M | Add 1126.79% | 2.05 M | $10.11 |
| Q1 2014 | +647,262 | Add 31.59% | 2.7 M | $10.80 |
| Q2 2014 | +683,236 | Add 25.34% | 3.38 M | $11.76 |
| Q3 2014 | +1.05 M | Add 31.09% | 4.43 M | $11.59 |
| Q4 2014 | +497,640 | Add 11.23% | 4.93 M | $9.06 |
| Q1 2015 | +1.63 M | Add 33.03% | 6.56 M | $8.42 |
| Q2 2015 | +163,563 | Add 2.49% | 6.72 M | $8.47 |
| Q3 2015 | +444,913 | Add 6.62% | 7.16 M | $6.46 |
| Q4 2015 | -549,584 | Reduce 7.67% | 6.61 M | $5.15 |
| Q1 2016 | +492,128 | Add 7.44% | 7.11 M | $5.26 |
| Q2 2016 | -63,891 | Reduce 0.90% | 7.04 M | $6.89 |
| Q3 2016 | +15,106 | Add 0.21% | 7.06 M | $7.63 |
| Q4 2016 | -74,195 | Reduce 1.05% | 6.98 M | $7.72 |
| Q1 2017 | +190,556 | Add 2.73% | 7.17 M | $8.72 |
| Q2 2017 | +146,302 | Add 2.04% | 7.32 M | $9.42 |
| Q3 2017 | -1.87 M | Reduce 25.49% | 5.45 M | $9.08 |
| Q4 2017 | -1.46 M | Reduce 26.85% | 3.99 M | $7.50 |
| Q1 2018 | -3.99 M | Sold Out | 3.99 M | $0.00 |
| Q2 2018 | +2.17 M | New Buy | 2.17 M | $6.56 |
| Q3 2018 | +2.64 M | Add 121.69% | 4.81 M | $7.04 |
| Q4 2018 | +950,515 | Add 19.77% | 5.76 M | $4.82 |
| Q1 2019 | +572,715 | Add 9.94% | 6.33 M | $4.64 |
| Q2 2019 | +851,401 | Add 13.45% | 7.18 M | $4.24 |
| Q3 2019 | +428,129 | Add 5.96% | 7.61 M | $3.92 |
| Q4 2019 | +1.05 M | Add 13.75% | 8.66 M | $3.78 |
| Q1 2020 | +6.54 M | Add 75.50% | 15.19 M | $2.12 |
| Q2 2020 | +8.74 M | Add 57.54% | 23.94 M | $2.88 |
| Q3 2020 | -1,002 | Reduce 0.00% | 23.94 M | $3.80 |
| Q4 2020 | +550,220 | Add 2.30% | 24.49 M | $5.17 |
| Q1 2021 | -535,751 | Reduce 2.19% | 23.95 M | $6.97 |
| Q2 2021 | -77,825 | Reduce 0.32% | 23.87 M | $8.40 |
| Q3 2021 | +594,367 | Add 2.49% | 24.47 M | $7.17 |
| Q4 2021 | +984,447 | Add 4.02% | 25.45 M | $6.78 |
| Q1 2022 | -58,014 | Reduce 0.23% | 25.39 M | $5.29 |
| Q2 2022 | -9.97 M | Reduce 39.27% | 15.42 M | $3.92 |
| Q3 2022 | -745,450 | Reduce 4.83% | 14.68 M | $3.43 |
| Q1 2023 | -187,294 | Reduce 1.28% | 14.49 M | $5.53 |
| Q3 2023 | -500,000 | Reduce 3.45% | 13.99 M | $6.50 |
| Q2 2024 | +700,000 | Add 5.00% | 14.69 M | $6.39 |
| Q4 2024 | -100,000 | Reduce 0.68% | 14.59 M | $5.64 |
| Q1 2025 | +4.79 M | Add 32.87% | 19.38 M | $5.61 |
| Q2 2025 | -4.54 M | Reduce 23.45% | 14.84 M | $6.93 |
| Q3 2025 | -4.39 M | Reduce 29.59% | 10.45 M | $8.99 |
Howard Marks's CEMEX SAB de CV Investment FAQs
Howard Marks first purchased CEMEX, S.A.B. de C.V. (CX) in Q4 2012, acquiring 74,946 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Howard Marks has held CEMEX, S.A.B. de C.V. (CX) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Howard Marks's largest addition to CEMEX, S.A.B. de C.V. (CX) was in Q2 2020, adding 23,938,116 shares worth $68.94 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Howard Marks's firm, Oaktree Capital Management Lp, owns 10,448,824 shares of CEMEX, S.A.B. de C.V. (CX), valued at approximately $93.93 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, CEMEX, S.A.B. de C.V. (CX) represents approximately 1.45% of Howard Marks's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Howard Marks's peak holding in CEMEX, S.A.B. de C.V. (CX) was 25,452,572 shares, as reported at the end of Q4 2021. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.