Howard Marks's EXE Position Overview
Howard Marks (via Oaktree Capital Management Lp) currently holds 5.24 M shares of Expand Energy Corporation (EXE) worth $574.97 M, representing 9.15% of the portfolio. First purchased in 2021-Q1, this long-term strategic position has been held for 21 quarters.
Based on 13F filings, Howard Marks has maintained a strategic position in EXE, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2026, adding 175,114 shares. Largest reduction occurred in Q1 2025, reducing 1.38 M shares.
Analysis based on 13F filings available since 2013 Q2
Howard Marks's Expand Energy Corporation (EXE) Holding Value Over Time
Track share changes against reported price movement
Quarterly Expand Energy Corporation (EXE) Trades by Howard Marks
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | +175,114 | Add 3.46% | 5.24 M | $109.78 |
| Q3 2025 | -1 | Reduce 0.00% | 5.06 M | $106.24 |
| Q2 2025 | -500,000 | Reduce 8.99% | 5.06 M | $116.94 |
| Q1 2025 | -1.38 M | Reduce 19.82% | 5.56 M | $111.32 |
| Q4 2024 | +66,480 | Add 0.97% | 6.94 M | $99.55 |
| Q2 2024 | -113,200 | Reduce 1.62% | 6.87 M | $82.19 |
| Q1 2024 | -15,983 | Reduce 0.23% | 6.98 M | $88.83 |
| Q3 2023 | -349,933 | Reduce 4.76% | 7 M | $86.23 |
| Q2 2023 | -1.23 M | Reduce 14.33% | 7.35 M | $83.68 |
| Q1 2023 | -50,000 | Reduce 0.58% | 8.58 M | $76.04 |
| Q4 2022 | -1.17 M | Reduce 11.94% | 8.63 M | $94.37 |
| Q3 2022 | -701,153 | Reduce 6.68% | 9.8 M | $94.21 |
| Q2 2022 | -500,000 | Reduce 4.54% | 10.5 M | $81.10 |
| Q1 2022 | -1 M | Reduce 8.33% | 11 M | $87.00 |
| Q4 2021 | +62,036 | Add 0.52% | 12 M | $64.52 |
| Q1 2021 | +11.94 M | New Buy | 11.94 M | $43.39 |
Howard Marks's Expand Energy Corporation Investment FAQs
Howard Marks first purchased Expand Energy Corporation (EXE) in Q1 2021, acquiring 11,939,117 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 Expand Energy Corporation (EXE) for 21 quarters since Q1 2021.
Howard Marks's largest addition to Expand Energy Corporation (EXE) was in Q1 2021, adding 11,939,117 shares worth $518.04 M.
According to the latest 13F filing for Q1 2026, Howard Marks's firm, Oaktree Capital Management Lp, owns 5,237,477 shares of Expand Energy Corporation (EXE), valued at approximately $574.97 M.
As of the Q1 2026 filing, Expand Energy Corporation (EXE) represents approximately 9.15% of Howard Marks's publicly disclosed stock portfolio, making it one of their key holdings.
Howard Marks's peak holding in Expand Energy Corporation (EXE) was 12,001,153 shares, as reported at the end of Q4 2021.