13F COMBINATION REPORT
OAKTREE CAPITAL MANAGEMENT LP
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0000949509-26-000001
Total Value
$7.03B
Positions
172
Other Managers
2
Confidential Omitted
No
Holdings (172)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | EXPAND ENERGY CORP | EXE | 5,062,363 | $558.7M | 7.95% |
| 2 | TORM PLC | TRMD | 26,425,059 | $527.3M | 7.50% |
| 3 | ANGLOGOLD ASHANTI PLC | AU | 3,847,991 | $328.2M | 4.67% |
| 4 | VANECK SEMICONDUCTOR ETF | 92189F676 | 865,000 | $311.5M | 4.43% |
| 5 | GARRETT MOTION INC | GTX | 17,094,816 | $298.0M | 4.24% |
| 6 | STATE STREET CORP | SPY | 385,000 | $262.5M | 3.74% |
| 7 | Indivior Pharmaceuticals Inc | INDV | 7,108,644 | $255.1M | 3.63% |
| 8 | VIPER ENERGY INC | VNOM | 6,285,062 | $242.8M | 3.45% |
| 9 | TELEPHONE AND DATA SYSTEMS INC | TDS-PV | 3,688,386 | $151.2M | 2.15% |
| 10 | BARRICK MINING CORP | 06849F108 | 2,975,118 | $129.6M | 1.84% |
| 11 | TALEN ENERGY CORP | TLN | 331,117 | $124.1M | 1.77% |
| 12 | CORE SCIENTIFIC INC | 21874A106 | 8,350,708 | $121.6M | 1.73% |
| 13 | NOKIA OYJ | NOKBF | 18,752,229 | $121.3M | 1.73% |
| 14 | TALEN ENERGY CORP | TLN | 300,000 | $112.5M | 1.60% |
| 15 | FTAI AVIATION LTD | FTAIN | 517,328 | $101.8M | 1.45% |
| 16 | ITAU UNIBANCO HOLDING SA | 465562106 | 13,822,747 | $99.0M | 1.41% |
| 17 | ORACLE CORP | ORCL-PD | 500,000 | $97.5M | 1.39% |
| 18 | LIBERTY GLOBAL LTD | LBTYK | 8,551,191 | $95.3M | 1.36% |
| 19 | CBL & ASSOCIATES PROPERTIES INC | 124830878 | 2,517,576 | $93.2M | 1.33% |
| 20 | RIOT PLATFORMS INC | RIOT | 81,960,000 | $92.9M | 1.32% |
| 21 | JETBLUE AIRWAYS CORP | JBLU | 90,530,000 | $89.0M | 1.27% |
| 22 | GRUPO AEROMEXICO SAB DE CV | 40054J109 | 3,776,986 | $82.9M | 1.18% |
| 23 | TRANSALTA CORP | TACPF | 6,415,253 | $81.2M | 1.16% |
| 24 | SUNOPTA INC | STKL | 20,726,126 | $78.9M | 1.12% |
| 25 | NU HOLDINGS LTD/CAYMAN ISLANDS | NU | 4,479,175 | $75.0M | 1.07% |
| 26 | FREEPORT-MCMORAN INC | FCX | 1,390,053 | $70.6M | 1.00% |
| 27 | KILROY REALTY CORP | 49427F108 | 1,850,011 | $69.1M | 0.98% |
| 28 | CEMEX SAB DE CV | CXMSF | 5,749,324 | $66.1M | 0.94% |
| 29 | RUNWAY GROWTH FINANCE CORP | RWAYL | 7,029,667 | $62.8M | 0.89% |
| 30 | ECHOSTAR CORP | SATS | 18,000,000 | $60.2M | 0.86% |
| 31 | CABLE ONE INC | CABO | 58,874,000 | $58.1M | 0.83% |
| 32 | BAUSCH LOMB CORP | 071705107 | 3,382,739 | $57.8M | 0.82% |
| 33 | GRAB HOLDINGS LTD | GRABW | 11,207,699 | $55.9M | 0.80% |
| 34 | XP INC | XP | 3,320,159 | $54.4M | 0.77% |
| 35 | AIRBNB INC | ABNB | 50,633,000 | $50.2M | 0.71% |
| 36 | MARRIOTT INTERNATIONAL INC/MD | 571903202 | 150,000 | $46.5M | 0.66% |
| 37 | ETSY INC | ETSY | 50,165,000 | $44.9M | 0.64% |
| 38 | LIBERTY LATIN AMERICA LTD | LILAB | 5,748,780 | $42.9M | 0.61% |
| 39 | ECOVYST INC | ECVT | 4,254,503 | $41.4M | 0.59% |
| 40 | BIOMARIN PHARMACEUTICAL INC | BMRN | 42,118,000 | $40.5M | 0.58% |
| 41 | AMPHASTAR PHARMACEUTICALS INC | AMPH | 43,578,000 | $40.4M | 0.57% |
| 42 | ARRAY DIGITAL INFRASTRUCTURE INC | UNTCW | 724,444 | $38.8M | 0.55% |
| 43 | CONMED CORP | CNMD | 40,324,000 | $38.7M | 0.55% |
| 44 | MARRIOTT VACATIONS WORLDWIDE CORP | VAC | 40,370,000 | $38.5M | 0.55% |
| 45 | PEBBLEBROOK HOTEL TRUST | PEB-PH | 39,706,000 | $38.4M | 0.55% |
| 46 | VISTA ENERGY SAB DE CV | VSOGF | 782,250 | $38.1M | 0.54% |
| 47 | FULL TRUCK ALLIANCE CO LTD | YMM | 3,519,764 | $37.8M | 0.54% |
| 48 | SEA LTD | SE | 38,855,000 | $37.8M | 0.54% |
| 49 | STAR BULK CARRIERS CORP | SBLK | 1,962,892 | $37.7M | 0.54% |
| 50 | TELADOC HEALTH INC | TDOC | 38,479,000 | $36.7M | 0.52% |
| 51 | ENPHASE ENERGY INC | ENPH | 38,178,000 | $33.4M | 0.47% |
| 52 | CRACKER BARREL OLD COUNTRY STORE INC | 22410JAB2 | 33,101,000 | $32.2M | 0.46% |
| 53 | CALIFORNIA RESOURCES CORP | CRC | 694,502 | $31.1M | 0.44% |
| 54 | KANZHUN LTD | BZ | 1,523,231 | $31.0M | 0.44% |
| 55 | ARRAY TECHNOLOGIES INC | ARRY | 33,284,000 | $30.3M | 0.43% |
| 56 | ENVISTA HOLDINGS CORP | NVST | 30,786,000 | $29.6M | 0.42% |
| 57 | CORE SCIENTIFIC INC | 21874A106 | 2,000,000 | $29.1M | 0.41% |
| 58 | OKTA INC | OKTA | 28,311,000 | $27.8M | 0.40% |
| 59 | FIVE9 INC | FIVN | 30,353,000 | $27.4M | 0.39% |
| 60 | ALARM.COM HOLDINGS INC | ALRM | 27,198,000 | $27.3M | 0.39% |
| 61 | TELECOM ARGENTINA SA | TCMFF | 2,347,508 | $27.3M | 0.39% |
| 62 | VALE SA | VALE | 2,023,706 | $26.4M | 0.38% |
| 63 | SPECTRUM BRANDS HOLDINGS INC | SPB | 27,496,000 | $26.1M | 0.37% |
| 64 | DEXCOM INC | DXCM | 27,995,000 | $25.8M | 0.37% |
| 65 | TERNIUM SA | TX | 658,565 | $25.2M | 0.36% |
| 66 | RICE ACQUISITION CORP 3 | KRSP-WT | 2,400,000 | $24.7M | 0.35% |
| 67 | OAKTREE SPECIALTY LENDING CORP | OCSL | 1,852,456 | $23.6M | 0.34% |
| 68 | DRAFTKINGS INC | DKNG | 25,225,000 | $23.1M | 0.33% |
| 69 | MGP INGREDIENTS INC | MGPI | 23,225,000 | $22.5M | 0.32% |
| 70 | SUMMIT HOTEL PROPERTIES INC | 866082AA8 | 21,560,000 | $21.5M | 0.31% |
| 71 | BLOCK INC | BSQKZ | 20,243,000 | $19.9M | 0.28% |
| 72 | NABORS INDUSTRIES LTD | 62957HAL9 | 24,063,000 | $19.6M | 0.28% |
| 73 | INFOSYS LTD | INFY | 1,094,752 | $19.5M | 0.28% |
| 74 | JD.COM INC | JDCMF | 19,233,000 | $19.3M | 0.27% |
| 75 | DAYFORCE INC | 15677JAD0 | 19,351,000 | $19.2M | 0.27% |
| 76 | WINNEBAGO INDUSTRIES INC | 974637AF7 | 20,220,000 | $19.1M | 0.27% |
| 77 | SNAP INC | SNAP | 19,576,000 | $18.3M | 0.26% |
| 78 | SYNAPTICS INC | SYNA | 17,250,000 | $18.3M | 0.26% |
| 79 | ONITY GROUP INC | ONIT | 390,835 | $17.9M | 0.25% |
| 80 | LIVANOVA PLC | LIVN | 15,285,000 | $17.7M | 0.25% |
| 81 | PPL CORP | PPLC | 15,672,000 | $17.2M | 0.25% |
| 82 | AEROVIRONMENT INC | AVAV | 15,763,000 | $17.1M | 0.24% |
| 83 | TETRA TECH INC | TTEK | 15,289,000 | $16.6M | 0.24% |
| 84 | CMS ENERGY CORP | CMS-PC | 15,199,000 | $16.3M | 0.23% |
| 85 | SMARTRENT INC | SMRT | 7,505,294 | $15.2M | 0.22% |
| 86 | HAEMONETICS CORP | HAE | 15,030,000 | $14.9M | 0.21% |
| 87 | JAZZ PHARMACEUTICALS PLC | 472145AH4 | 10,600,000 | $14.1M | 0.20% |
| 88 | WEC ENERGY GROUP INC | WEC | 11,957,000 | $14.0M | 0.20% |
| 89 | LANTHEUS HOLDINGS INC | LNTH | 11,525,000 | $13.2M | 0.19% |
| 90 | OPTIMUM COMMUNICATIONS INC | OPTU | 7,500,000 | $12.4M | 0.18% |
| 91 | SNAP INC | SNAP | 13,422,000 | $12.2M | 0.17% |
| 92 | BANDWIDTH INC | BAND | 13,650,000 | $11.9M | 0.17% |
| 93 | BLACKSTONE MORTGAGE TRUST INC | 09257WAE0 | 11,999,000 | $11.9M | 0.17% |
| 94 | REDFIN CORP | 75737FAE8 | 11,841,000 | $11.1M | 0.16% |
| 95 | PENNYMAC MORTGAGE INVESTMENT TRUST | 70932AAF0 | 10,935,000 | $11.0M | 0.16% |
| 96 | ENPHASE ENERGY INC | ENPH | 10,911,000 | $10.8M | 0.15% |
| 97 | COINBASE GLOBAL INC | COIN | 10,510,000 | $10.8M | 0.15% |
| 98 | REPLIGEN CORP | RGEN | 9,830,000 | $10.8M | 0.15% |
| 99 | FLUOR CORP | FLR | 9,371,000 | $10.7M | 0.15% |
| 100 | MAGNITE INC | MGNI | 10,305,000 | $10.2M | 0.15% |
| 101 | LIVE NATION ENTERTAINMENT INC | LYV | 9,670,000 | $10.2M | 0.14% |
| 102 | ZIFF DAVIS INC | ZD | 10,091,000 | $9.9M | 0.14% |
| 103 | LCI INDUSTRIES | 501812AB7 | 9,927,000 | $9.8M | 0.14% |
| 104 | TOPGOLF CALLAWAY BRANDS CORP | 131193AE4 | 9,596,000 | $9.6M | 0.14% |
| 105 | EXPAND ENERGY CORP | EXE | 95,294 | $9.5M | 0.14% |
| 106 | COGENT BIOSCIENCES INC | COGT | 7,650,000 | $9.0M | 0.13% |
| 107 | BAUSCH HEALTH COS INC | 071734107 | 1,270,000 | $8.8M | 0.13% |
| 108 | ITRON INC | ITRI | 8,700,000 | $8.8M | 0.13% |
| 109 | UNITY SOFTWARE INC | U | 9,076,000 | $8.8M | 0.13% |
| 110 | FRESHPET INC | FRPT | 7,300,000 | $8.6M | 0.12% |
| 111 | MKS INC | MKSI | 6,255,000 | $8.0M | 0.11% |
| 112 | DATADOG INC | DDOG | 7,499,000 | $7.5M | 0.11% |
| 113 | REDWOOD TRUST INC | RWTQ | 7,456,000 | $7.4M | 0.11% |
| 114 | GREEN PLAINS INC | GPRE | 7,677,000 | $7.4M | 0.11% |
| 115 | MAGNACHIP SEMICONDUCTOR CORP | MX | 2,849,858 | $7.3M | 0.10% |
| 116 | UPSTART HOLDINGS INC | UPST | 7,199,000 | $7.0M | 0.10% |
| 117 | UPWORK INC | UPWK | 7,038,000 | $6.9M | 0.10% |
| 118 | BENTLEY SYSTEMS INC | BSY | 6,730,000 | $6.3M | 0.09% |
| 119 | NEOGENOMICS INC | NEO | 7,098,000 | $6.3M | 0.09% |
| 120 | LIBERTY LATIN AMERICA LTD | LILAB | 839,020 | $6.2M | 0.09% |
| 121 | VERTEX INC | VERX | 6,507,000 | $6.2M | 0.09% |
| 122 | CERENCE INC | CRNC | 6,605,000 | $6.0M | 0.08% |
| 123 | BLOCK INC | BSQKZ | 5,935,000 | $5.5M | 0.08% |
| 124 | SHAKE SHACK INC | SHAK | 5,686,000 | $5.4M | 0.08% |
| 125 | MITEK SYSTEMS INC | MITK | 5,374,000 | $5.3M | 0.08% |
| 126 | NUTANIX INC | NTNX | 5,436,000 | $5.3M | 0.07% |
| 127 | AFFIRM HOLDINGS INC | AFRM | 5,225,000 | $5.0M | 0.07% |
| 128 | PENN ENTERTAINMENT INC | PENN | 4,952,000 | $4.9M | 0.07% |
| 129 | SOUTHERN CO/THE | SOMN | 4,557,000 | $4.9M | 0.07% |
| 130 | HDFC BANK LTD | HDB | 130,441 | $4.8M | 0.07% |
| 131 | STRATEGY INC | STRD | 5,763,000 | $4.7M | 0.07% |
| 132 | SNAP INC | SNAP | 3,767,000 | $3.7M | 0.05% |
| 133 | ZIFF DAVIS INC | ZD | 3,496,000 | $3.4M | 0.05% |
| 134 | AMERICAN WATER CAPITAL CORP | 03040WBE4 | 3,426,000 | $3.4M | 0.05% |
| 135 | BATTALION OIL CORP | BATL | 3,009,912 | $3.4M | 0.05% |
| 136 | TWO HARBORS INVESTMENT CORP | 90187BAB7 | 3,298,000 | $3.3M | 0.05% |
| 137 | BILL HOLDINGS INC | BILL | 3,306,000 | $3.1M | 0.04% |
| 138 | ALVOTECH SA | ALVOW | 4,666,667 | $3.0M | 0.04% |
| 139 | FORD MOTOR CO | 345370CZ1 | 2,900,000 | $3.0M | 0.04% |
| 140 | BRIDGEBIO PHARMA INC | BBIO | 2,550,000 | $2.9M | 0.04% |
| 141 | POST HOLDINGS INC | POST | 2,650,000 | $2.9M | 0.04% |
| 142 | ON SEMICONDUCTOR CORP | ON | 1,950,000 | $2.3M | 0.03% |
| 143 | NUTANIX INC | NTNX | 2,000,000 | $2.3M | 0.03% |
| 144 | WISDOMTREE INC | WT | 1,850,000 | $2.2M | 0.03% |
| 145 | DROPBOX INC | DBX | 2,175,000 | $2.2M | 0.03% |
| 146 | ALVOTECH SA | ALVOW | 533,656 | $2.0M | 0.03% |
| 147 | CHEESECAKE FACTORY INC/THE | CAKE | 1,960,000 | $1.9M | 0.03% |
| 148 | GROUPON INC | GRPN | 1,874,000 | $1.9M | 0.03% |
| 149 | VAIL RESORTS INC | MTN | 1,819,000 | $1.8M | 0.03% |
| 150 | DIGITALOCEAN HOLDINGS INC | DOCN | 1,880,000 | $1.8M | 0.03% |
| 151 | BLACKLINE INC | BL | 1,816,000 | $1.8M | 0.03% |
| 152 | NEXTERA ENERGY INC | NEE-PW | 1,292,000 | $1.6M | 0.02% |
| 153 | CELCUITY INC | CELC | 700,000 | $1.5M | 0.02% |
| 154 | FASTLY INC | FSLY | 1,353,000 | $1.5M | 0.02% |
| 155 | VISHAY INTERTECHNOLOGY INC | VSH | 1,651,000 | $1.5M | 0.02% |
| 156 | SPOTIFY TECHNOLOGY SA | 84921RAB6 | 1,300,000 | $1.5M | 0.02% |
| 157 | TRIP.COM GROUP LTD | TRPCF | 1,189,000 | $1.5M | 0.02% |
| 158 | HERBALIFE LTD | HLF | 1,242,000 | $1.3M | 0.02% |
| 159 | STRATEGY INC | STRK | 1,300,000 | $1.3M | 0.02% |
| 160 | LYFT INC | LYFT | 1,100,000 | $1.3M | 0.02% |
| 161 | PARSONS CORP | PSN | 1,160,000 | $1.2M | 0.02% |
| 162 | AFFIRM HOLDINGS INC | AFRM | 927,000 | $1.0M | 0.01% |
| 163 | TYLER TECHNOLOGIES INC | 902252AB1 | 1,000,000 | $1.0M | 0.01% |
| 164 | ASCENDIS PHARMA A/S | ASND | 700,000 | $994,315 | 0.01% |
| 165 | RINGCENTRAL INC | RNG | 984,000 | $974,651 | 0.01% |
| 166 | HAEMONETICS CORP | HAE | 902,000 | $938,711 | 0.01% |
| 167 | FASTLY INC | FSLY | 863,000 | $850,055 | 0.01% |
| 168 | GLADSTONE CAPITAL CORP | GLAD | 754,000 | $738,919 | 0.01% |
| 169 | GUARDANT HEALTH INC | GH | 555,000 | $599,677 | 0.01% |
| 170 | PELOTON INTERACTIVE INC | PTON | 559,000 | $552,711 | 0.01% |
| 171 | BIOXCEL THERAPEUTICS INC | BTAI | 241,188 | $385,902 | 0.01% |
| 172 | RICE ACQUISITION CORP 3 | KRSP-WT | 399,999 | $319,999 | 0.00% |