Howard Marks · quarter digest
What Howard Marks did in Q3 2024
Oaktree Capital filed 44 moves in Q3 2024: 12 new, 10 add, 15 trim, 7 exit.
13F filed 2024-11-14. Manager quality score: q9. Philosophy: You can't predict, you can prepare. Second-level thinking.
New positions · 12
Fresh money
NEW·5.2% book·−10
“First Vistra — same quarter as Klarman.”
TLNTALEN ENERGY CORP
NEW·2.0% book·−8
YUMCYUM CHINA HOLDINGS INC
NEW·0.7% book·−8
PDDPDD HOLDINGS INC
NEW·0.6% book·−12
FLUORFLUOR CORP
NEW·0.1% book·−8
MARAMARA HOLDINGS INC
NEW·0.1% book·−7
OKTAOKTA INC
NEW·0.1% book·−5
PPLPPL CORP
NEW·0.1% book·−6
XPXP INC
NEW·0.1% book·−5
ABNBAIRBNB INC
NEW·0.0% book·+1
WWAYFAIR INC
NEW·0.0% book·−10
ZSZSCALER INC
NEW·0.0% book·−8
Adds · 10
Adding to conviction
ADD +6%·12.5% book·+15
“Building Torm.”
LBTYKLIBERTY GLOBAL LTD
ADD +70%·2.2% book·−4
CABOCABLE ONE INC
ADD +6%·0.6% book·−4
JOYYJOYY INC
ADD +30%·0.5% book·−7
BABAALIBABA GROUP HOLDING LTD
ADD +83%·0.4% book·+33
GHGUARDANT HEALTH INC
ADD +7%·0.3% book·+1
LSXMALIBERTY MEDIA CORP-LIBERTY FORMULA ONE
ADD +9%·0.2% book·−12
BANDBANDWIDTH INC
ADD +15%·0.1% book·−5
BLOCKBLOCK INC
ADD +11%·0.1% book·−10
NIONIO INC
ADD +52%·0.1% book·−7
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Trims · 15
Taking chips off
TORMTORM PLC
TRIM -8%·22.2% book·−7
SPGSTATE STREET CORP
TRIM -43%·3.6% book·+2
SEASEA LTD
TRIM -57%·2.3% book·−7
VALEVALE SA
TRIM -36%·1.5% book·−9
JDJD.COM INC
TRIM -38%·1.1% book·+13
YPFYPF SA
TRIM -42%·0.2% book·−8
BBIOBRIDGEBIO PHARMA INC
TRIM -48%·0.1% book·−9
CHEGGCHEGG INC
TRIM -29%·0.1% book·−11
ONON SEMICONDUCTOR CORP
TRIM -23%·0.1% book·−2
SHAKSHAKE SHACK INC
TRIM -13%·0.1% book·−10
TDOCTELADOC HEALTH INC
TRIM -29%·0.1% book·−4
UPWKUPWORK INC
TRIM -17%·0.1% book·−6
8X88X8 INC
TRIM -15%·0.0% book·−1
POSTPOST HOLDINGS INC
TRIM -55%·0.0% book·−5
UUNITY SOFTWARE INC
TRIM -75%·0.0% book·−5
Exits · 7
Closed positions
NRGNRG ENERGY INC
EXIT·0.0% book·−6
CEGCONSTELLATION ENERGY CORP
EXIT·0.0% book·−8
STARSTAR HOLDINGS
EXIT·0.0% book·0
AZULAZUL SA
EXIT·0.0% book·−6
IQIYIIQIYI INC
EXIT·0.0% book·0
NEVRONEVRO CORP
EXIT·0.0% book·−7
BMRNBIOMARIN PHARMACEUTICAL INC
EXIT·0.0% book·−2
Current top holdings
Howard Marks’s book, latest snapshot
Other quarters for Howard Marks
Not investment advice. Data from 13F filings with HoldLens parsing. Methodology.