Howard Marks: Stock Portfolio, Performance and Latest Trades
Oaktree Capital Management
13F portfolio value
$7.2B
145 holdings at Q2 2026
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Howard Marks' portfolio
As of Q2 2026, filed August 14, 2026 · prices as of October 8, 2026
| Company | Share of portfolio | Average buy price | Return | Current price | Last quarter |
|---|---|---|---|---|---|
Torm Plc-ATRMD | 9.87% | $6.89 | +481% | $40.06 | Reduced −15% |
| 8.99% | $46.72 | +90.2% | $88.86 | No change | |
| 5.18% | $7.91 | +226% | $25.75 | Reduced −48% | |
| 4.84% | $19.08 | +376% | $90.78 | Reduced −1.4% | |
| 4.73% | $33.03 | +7.3% | $35.45 | Reduced −12% | |
| 3.68% | $39.80 | −14.2% | $34.13 | Added +23% | |
| 3.03% | $38.10 | +11.9% | $42.63 | No change | |
| 2.41% | $15.50 | −0.9% | $15.36 | Reduced −47% | |
| 2.40% | $277.39 | +29.5% | $359.22 | No change | |
| 2.22% | $23.64 | +69.2% | $39.99 | Added +22% | |
| 1.84% | $5.86 | +67.7% | $9.83 | Reduced −1.7% | |
Liberty Global Ltd-ALBTYA | 1.83% | $15.75 | −43.3% | $8.93 | No change |
| 1.77% | $13.89 | −15.1% | $11.79 | Added +325% | |
| 1.42% | $36.91 | +92.7% | $71.14 | Reduced −1.6% | |
| 1.35% | $19.11 | −17.4% | $15.78 | No change | |
| 1.31% | $61.17 | −44.1% | $34.19 | No change | |
Pebblebrook Hotel TrustBond70509VAA8 | 1.19% | — | — | — | Added +10% |
Biomarin PharmaceuticalBond09061GAK7 | 1.17% | — | — | — | Added +14% |
Sea Ltd.Bond81141RAG5 | 1.17% | — | — | — | Added +31% |
Etsy Inc.Bond29786AAN6 | 1.15% | — | — | — | Added +9.2% |
Sea Ltd.SE | 1.15% | $87.91 | +5.7% | $92.89 | New |
| 1.11% | $6.50 | +34.1% | $8.72 | Added +31% | |
Enphase Energy Inc.Bond29355AAK3 | 1.08% | — | — | — | Added +9.2% |
Dexcom Inc.Bond252131AM9 | 1.08% | — | — | — | Added +51% |
| 1.07% | $12.75 | +34.5% | $17.15 | Added +1.7% | |
Viasat Inc.VSAT | 1.07% | $66.21 | +1.8% | $67.41 | New |
Echostar Corp.Bond278768AB2 | 1.06% | — | — | — | No change |
Marriott Vacation WorldwBond57164YAF4 | 1.05% | — | — | — | Added +9.2% |
Draftkings Holdings Inc.Bond26142RAB0 | 1.03% | — | — | — | Added +32% |
Conmed Corp.Bond207410AH4 | 0.99% | — | — | — | Added +48% |
Makemytrip Ltd.MMYT | 0.99% | $45.50 | −4.3% | $43.53 | New |
Riot Platforms Inc.Bond767292AB1 | 0.98% | — | — | — | Reduced −67% |
Teladoc Health Inc.Bond87918AAF2 | 0.98% | — | — | — | Added +62% |
Bentley SystemsBond08265TAD1 | 0.98% | — | — | — | Added +15% |
| 0.98% | $26.87 | −28.1% | $19.31 | New | |
| 0.95% | $17.81 | +69.7% | $30.21 | Reduced −1.7% | |
Unity Software Inc.Bond91332UAB7 | 0.92% | — | — | — | Added +38% |
Five9 Inc.Bond338307AF8 | 0.89% | — | — | — | Added +145% |
Shift4 Payments Inc.Bond82452JAD1 | 0.87% | — | — | — | Added +78% |
| 0.85% | $38.81 | +28.6% | $49.90 | Added +12% | |
| 0.78% | $11.01 | +17.1% | $12.89 | Reduced −53% | |
| 0.74% | $12.98 | −50.2% | $6.46 | No change | |
Enovis Corp.Bond194014AB2 | 0.71% | — | — | — | New |
Amphastar PharmaceuticalBond03209RAB9 | 0.70% | — | — | — | Added +7.5% |
Affirm Holdings Inc.Bond00827BAB2 | 0.65% | — | — | — | Added +202% |
Array Technologies Inc.Bond04271TAB6 | 0.60% | — | — | — | Added +9.5% |
| 0.53% | $68.47 | +3.7% | $71.00 | Reduced −1.8% | |
Snap Inc.Bond83304AAF3 | 0.50% | — | — | — | Added +42% |
| 0.48% | $62.12 | −45.8% | $33.66 | Reduced −3.8% | |
| 0.47% | $10.38 | +1.8% | $10.57 | No change | |
| 0.46% | $24.03 | +62.5% | $39.05 | Reduced −71% | |
Spectrum Brands Inc.Bond84762LAZ8 | 0.46% | — | — | — | Reduced −10% |
| 0.46% | $39.41 | +43.3% | $56.47 | Reduced −1.8% | |
Quantum Corp.QMCO | 0.42% | $9.59 | +204% | $29.18 | New |
Winnebago IndustriesBond974637AF7 | 0.35% | — | — | — | Added +114% |
Block Inc.Bond852234AK9 | 0.32% | — | — | — | Added +64% |
Snap Inc.Bond83304AAH9 | 0.30% | — | — | — | Added +191% |
| 0.30% | $16.95 | −40.3% | $10.11 | Added +6.6% | |
Cogent Biosciences Inc.Bond19240QAA0 | 0.28% | — | — | — | Added +16% |
| 0.27% | $14.04 | −2.9% | $13.64 | New | |
Blackstone Mortgage TrustBond09257WAE0 | 0.26% | — | — | — | Added +8.5% |
Upwork Inc.Bond91688FAB0 | 0.26% | — | — | — | Added +13% |
Workiva Inc.Bond98139AAD7 | 0.26% | — | — | — | New |
Etsy Inc.Bond29786AAQ9 | 0.26% | — | — | — | New |
Redfin Corp.Bond75737FAE8 | 0.26% | — | — | — | Added +53% |
Starwood Property TrustBond85571BBA2 | 0.23% | — | — | — | New |
Snowflake Inc.Bond833445AB5 | 0.22% | — | — | — | Added +347% |
Nabors Industries Inc.Bond62957HAL9 | 0.21% | — | — | — | Reduced −26% |
Aerovironment Inc.Bond008073AA6 | 0.21% | — | — | — | Added +14% |
Itron Inc.Bond465741AQ9 | 0.21% | — | — | — | Added +8.4% |
Ziff Davis Inc.Bond48123VAE2 | 0.21% | — | — | — | Added +11% |
| 0.21% | $3.70 | −31.7% | $2.53 | No change | |
Arrowhead Pharmaceuticals InBond04280AAC4 | 0.21% | — | — | — | Reduced −17% |
| 0.20% | $4.80 | +0.5% | $4.82 | No change | |
Envista Holdings Corp.Bond29415FAD6 | 0.19% | — | — | — | Reduced −36% |
Cloudflare Inc.Bond18915MAF4 | 0.19% | — | — | — | New |
Rapid7 Inc.Bond753422AF1 | 0.18% | — | — | — | Added +503% |
Freshpet Inc.Bond358039AB1 | 0.17% | — | — | — | New |
Alphatec Holdings Inc.Bond02081GAB8 | 0.17% | — | — | — | New |
Smartrent Inc.SMRT | 0.17% | $4.18 | −72.2% | $1.16 | No change |
Upstart Holdings Inc.Bond91680MAB3 | 0.16% | — | — | — | Added +71% |
SitimeBond82982TAA4 | 0.15% | — | — | — | New |
Redwood Trust Inc.Bond758075AF2 | 0.15% | — | — | — | Reduced −4.4% |
Doordash Inc.Bond25809KAB1 | 0.15% | — | — | — | New |
Jd.com Inc.Bond47215PAJ5 | 0.15% | — | — | — | Reduced −27% |
Alarm.com Holdings Inc.Bond011642AD7 | 0.15% | — | — | — | Added +711% |
Pennymac Corp.Bond70932AAH6 | 0.14% | — | — | — | Added +79% |
Cerence Inc.Bond156727AD1 | 0.14% | — | — | — | Added +33% |
Celcuity Inc.Bond15102KAB6 | 0.13% | — | — | — | New |
| 0.13% | $10.21 | −69.1% | $3.16 | Reduced −47% | |
Workiva Inc.Bond98139AAB1 | 0.13% | — | — | — | New |
Cracker Barrel Old CountBond22410JAD8 | 0.13% | — | — | — | New |
Etsy Inc.Bond29786AAL0 | 0.13% | — | — | — | New |
Pagerduty Inc.Bond69553PAD2 | 0.13% | — | — | — | Added +20% |
| 0.12% | $7.37 | +19.1% | $8.77 | No change | |
Sarepta Therapeutics Inc.Bond803607AD2 | 0.12% | — | — | — | New |
Lci IndustriesBond501812AD3 | 0.12% | — | — | — | New |
Uber Technologies Inc.Bond90353TAS9 | 0.12% | — | — | — | New |
Bill Holdings Inc.Bond090043AD2 | 0.12% | — | — | — | Added +91% |
Green Plains Inc.Bond393222AK0 | 0.09% | — | — | — | No change |
Gladstone Capital Corp.Bond376535AG5 | 0.09% | — | — | — | Added +163% |
Strategy Inc.Bond594972AS0 | 0.09% | — | — | — | Reduced −55% |
Firstenergy Corp.Bond337932AT4 | 0.09% | — | — | — | New |
Rubrik Inc.Bond781154AD1 | 0.09% | — | — | — | New |
Northern Oil And Gas Inc.Bond665531AJ8 | 0.08% | — | — | — | Added +131% |
| 0.07% | $4.67 | −77.9% | $1.03 | No change | |
| 0.07% | $49.06 | −20.8% | $38.84 | New | |
Rivian Auto Inc.Bond76954AAD5 | 0.07% | — | — | — | Added +162% |
Ziff Davis Inc.Bond48123VAH5 | 0.07% | — | — | — | No change |
Transmedics Group Inc.Bond89377MAB5 | 0.06% | — | — | — | New |
Service Properties Trust81761L102 | 0.06% | $1.69 | — | — | New |
Wec Energy Group Inc.Bond92939UAT3 | 0.06% | — | — | — | New |
Akamai Technologies Inc.Bond00971TAN1 | 0.06% | — | — | — | Reduced −51% |
NCL Corporation Ltd.Bond62886HBD2 | 0.05% | — | — | — | New |
Nutanix Inc.Bond67059NAH1 | 0.05% | — | — | — | Reduced −71% |
MGP Ingredients Inc.Bond55303JAB2 | 0.05% | — | — | — | Reduced −60% |
Uber Technologies Inc.Bond90353TAM2 | 0.05% | — | — | — | No change |
Live Nation EntertainmenBond538034BC2 | 0.04% | — | — | — | No change |
Haemonetics Corp.Bond405024AD2 | 0.04% | — | — | — | Added +150% |
Datadog Inc.Bond23804LAD5 | 0.04% | — | — | — | Reduced −82% |
| 0.04% | $1.26 | — | — | Added +472% | |
NN Inc.NNBR | 0.03% | $2.49 | +61.2% | $4.01 | New |
Fluor Corp.Bond343412AJ1 | 0.03% | — | — | — | Reduced −7.3% |
Groupon Inc.Bond399473AK3 | 0.03% | — | — | — | New |
On Semiconductor Corp.Bond682189AU9 | 0.03% | — | — | — | New |
| 0.03% | $11.78 | +8.7% | $12.80 | Reduced −93% | |
Revolution Medicines Inc.Bond76155XAA8 | 0.03% | — | — | — | New |
| 0.02% | $4.61 | +108% | $9.56 | Reduced −96% | |
Alvotech SAALVOW | 0.02% | $0.84 | −46.5% | $0.4496 | No change |
Neogenomics Inc.Bond64049MAB6 | 0.02% | — | — | — | Reduced −81% |
Alibaba Group HoldingBond01609WBG6 | 0.02% | — | — | — | New |
Snap Inc.Bond83304AAB2 | 0.02% | — | — | — | Reduced −77% |
Immunocore HoldingsBond45258DAB1 | 0.01% | — | — | — | No change |
Sunopta Inc.STKL | 0.01% | $11.30 | — | — | Reduced −100% |
Rice Acquisition Corp. 3KRSP/WS | 0.01% | $0.80 | — | — | No change |
Alvotech SAALVO | 0.01% | $9.08 | −37.5% | $5.67 | Reduced −59% |
Shake Shack Inc.Bond819047AB7 | 0.00% | — | — | — | New |
| 0.00% | $17.00 | −11.4% | $15.06 | New |
Howard Marks' options
As of Q2 2026. Value = shares the options cover.
| Company | Type | Value of shares covered | Last quarter |
|---|---|---|---|
| Put · bet on a fall or hedge | $1B | New | |
| Put · bet on a fall or hedge | $651.7M | Added +55% | |
| Call · bet on a rise | $128M | Added +43% | |
| Put · bet on a fall or hedge | $47.4M | Added +80% | |
| Put · bet on a fall or hedge | $39.7M | New | |
| Call · bet on a rise | $11.9M | New | |
| Call · bet on a rise | $4.7M | New | |
| Put · bet on a fall or hedge | — | Sold out | |
| Call · bet on a rise | — | Sold out |
Howard Marks' buys and sells
| Company | Action | Shares change | Value now |
|---|---|---|---|
| New | +1,355,000 | $1B | |
| Added +55% | +315,000 | $651.7M | |
| Sold out | −1,000,000 | — | |
Torm Plc-ATRMD | Reduced −15% | −3,509,701 | $524.3M |
Sunopta Inc.STKL | Reduced −100% | −20,651,812 | $406.5K |
| Sold out | −6,089,413 | — | |
Jetblue Airways Corp.Bond477143AP6 | Sold out | −95,093,000 | — |
| Sold out | −11,200,308 | — | |
| Sold out | −2,153,717 | — | |
Core Scientific Inc.CallCORZ | Added +43% | +1,500,000 | $128M |
| Added +325% | +6,019,743 | $94M | |
Sea Ltd.SE | New | +635,443 | $60.9M |
| Reduced −1.4% | −44,000 | $257.2M | |
Viasat Inc.VSAT | New | +630,280 | $56.6M |
American Water Capital CBond03040WBE4 | Sold out | −55,921,000 | — |
Makemytrip Ltd.MMYT | New | +983,068 | $52.4M |
Coinbase Global Inc.Bond19260QAB3 | Sold out | −52,633,000 | — |
| New | +1,925,992 | $51.8M | |
| Sold out | −539,000 | — | |
Talen Energy Corp.CallTLN | Sold out | −150,000 | — |
Okta Inc.Bond679295AF2 | Sold out | −46,973,000 | — |
| Reduced −53% | −3,415,253 | $41.5M | |
Q2 Holdings Inc.Bond74736LAD1 | Sold out | −41,053,000 | — |
Visteon Corp.PutVC | New | +400,000 | $39.7M |
Riot Platforms Inc.Bond767292AB1 | Reduced −67% | −53,664,000 | $52.3M |
| Reduced −12% | −856,890 | $251.4M | |
Enovis Corp.Bond194014AB2 | New | +39,207,000 | $37.8M |
Block Inc.Bond852234AJ2 | Sold out | −37,779,000 | — |
Progress Software Corp.Bond743312AB6 | Sold out | −36,154,000 | — |
Ecovyst Inc.ECVT | Sold out | −2,393,791 | — |
| Reduced −96% | −2,663,083 | $1.2M | |
Five9 Inc.Bond338307AF8 | Added +145% | +31,563,000 | $47.4M |
Cracker Barrel Old CountBond22410JAB2 | Sold out | −26,175,000 | — |
Affirm Holdings Inc.Bond00827BAB2 | Added +202% | +23,278,000 | $34.3M |
Quantum Corp.QMCO | New | +2,011,678 | $22.1M |
Shift4 Payments Inc.Bond82452JAD1 | Added +78% | +21,172,000 | $46.3M |
Teladoc Health Inc.Bond87918AAF2 | Added +62% | +20,554,000 | $52.3M |
Dexcom Inc.Bond252131AM9 | Added +51% | +20,725,000 | $57.1M |
| Reduced −93% | −1,506,139 | $1.5M | |
Conmed Corp.Bond207410AH4 | Added +48% | +17,456,000 | $52.5M |
Sea Ltd.Bond81141RAG5 | Added +31% | +14,681,000 | $62.1M |
| Added +23% | +990,662 | $195.5M | |
| New | +862,588 | $14.5M | |
Draftkings Holdings Inc.Bond26142RAB0 | Added +32% | +14,146,000 | $54.5M |
Synaptics Inc.Bond87157DAJ8 | Sold out | −13,815,000 | — |
Workiva Inc.Bond98139AAD7 | New | +14,970,000 | $14M |
Etsy Inc.Bond29786AAQ9 | New | +11,974,000 | $13.9M |
Unity Software Inc.Bond91332UAB7 | Added +38% | +13,485,000 | $48.6M |
| Reduced −47% | −4,357,000 | $127.8M | |
Starwood Property TrustBond85571BBA2 | New | +11,894,933 | $12.1M |
Bitdeer Technologies Group-ACallBTDR | New | +750,000 | $11.9M |
| Added +22% | +581,228 | $117.8M | |
Snap Inc.Bond83304AAH9 | Added +191% | +11,474,000 | $16.1M |
Winnebago IndustriesBond974637AF7 | Added +114% | +10,698,000 | $18.7M |
Cloudflare Inc.Bond18915MAF4 | New | +8,050,000 | $10.2M |
Snowflake Inc.Bond833445AB5 | Added +347% | +5,547,000 | $11.9M |
| Reduced −48% | −7,000,000 | $275.2M | |
| Reduced −1.7% | −55,200 | $50.7M | |
Penn Entertainment Inc.Bond707569AU3 | Sold out | −9,562,000 | — |
| Sold out | −7,330,490 | — | |
Freshpet Inc.Bond358039AB1 | New | +7,913,000 | $9.2M |
Callaway Golf Co.Bond131193AE4 | Sold out | −9,166,000 | — |
Alphatec Holdings Inc.Bond02081GAB8 | New | +9,177,000 | $9.1M |
Lci IndustriesBond501812AB7 | Sold out | −9,138,000 | — |
Repligen Corp.Bond759916AD1 | Sold out | −8,997,000 | — |
Biomarin PharmaceuticalBond09061GAK7 | Added +14% | +8,040,000 | $62.4M |
| Added +31% | +1,810,303 | $58.9M | |
| Reduced −3.8% | −27,586 | $25.3M | |
Rapid7 Inc.Bond753422AF1 | Added +503% | +8,393,000 | $9.7M |
SitimeBond82982TAA4 | New | +7,300,000 | $8.1M |
Doordash Inc.Bond25809KAB1 | New | +8,089,000 | $8M |
Snap Inc.Bond83304AAF3 | Added +42% | +8,273,000 | $26.7M |
Trip.com Group Ltd.Bond89677QAB3 | Sold out | −7,588,000 | — |
Bentley SystemsBond08265TAD1 | Added +15% | +7,269,000 | $52.2M |
| Sold out | −750,000 | — | |
| Sold out | −49,028 | — | |
Celcuity Inc.Bond15102KAB6 | New | +6,250,000 | $7.1M |
| Added +80% | +400,000 | $47.4M | |
Workiva Inc.Bond98139AAB1 | New | +7,100,000 | $7.1M |
Enphase Energy Inc.Bond29355AAK3 | Added +9.2% | +5,200,000 | $57.6M |
Cracker Barrel Old CountBond22410JAD8 | New | +6,708,000 | $6.9M |
Etsy Inc.Bond29786AAL0 | New | +7,233,000 | $6.9M |
Alarm.com Holdings Inc.Bond011642AD7 | Added +711% | +7,163,000 | $7.8M |
Block Inc.Bond852234AK9 | Added +64% | +7,001,000 | $17.1M |
Pebblebrook Hotel TrustBond70509VAA8 | Added +10% | +5,798,000 | $63.1M |
Etsy Inc.Bond29786AAN6 | Added +9.2% | +5,640,000 | $61.2M |
Sarepta Therapeutics Inc.Bond803607AD2 | New | +6,709,000 | $6.3M |
Lci IndustriesBond501812AD3 | New | +5,650,000 | $6.3M |
Uber Technologies Inc.Bond90353TAS9 | New | +5,400,000 | $6.2M |
Marriott Vacation WorldwBond57164YAF4 | Added +9.2% | +4,774,000 | $56M |
Envista Holdings Corp.Bond29415FAD6 | Reduced −36% | −5,771,000 | $10.3M |
Datadog Inc.Bond23804LAD5 | Reduced −82% | −6,299,000 | $2M |
Strategy Inc.Bond594972AS0 | Reduced −55% | −6,629,000 | $4.7M |
Nutanix Inc.Bond67059NAH1 | Reduced −71% | −5,400,000 | $2.5M |
| New | +1,000,000 | $4.7M | |
Redfin Corp.Bond75737FAE8 | Added +53% | +4,844,000 | $13.5M |
Firstenergy Corp.Bond337932AT4 | New | +4,280,000 | $4.7M |
Rubrik Inc.Bond781154AD1 | New | +4,504,000 | $4.6M |
| Reduced −1.7% | −211,330 | $97.9M | |
PG&E Corp.Bond69331CAL2 | Sold out | −4,000,000 | — |
Neogenomics Inc.Bond64049MAB6 | Reduced −81% | −4,530,000 | $979.7K |
| Added +12% | +104,881 | $45.1M | |
| Sold out | −200,020 | — | |
| Reduced −1.6% | −19,000 | $75.5M | |
Southern Co.Bond842587DZ7 | Sold out | −3,357,000 | — |
Bandwidth Inc.Bond05988JAD5 | Sold out | −4,167,000 | — |
| New | +75,000 | $3.7M | |
MGP Ingredients Inc.Bond55303JAB2 | Reduced −60% | −3,736,000 | $2.5M |
Upstart Holdings Inc.Bond91680MAB3 | Added +71% | +3,443,000 | $8.3M |
Array Technologies Inc.Bond04271TAB6 | Added +9.5% | +2,939,000 | $31.6M |
Nabors Industries Inc.Bond62957HAL9 | Reduced −26% | −4,257,000 | $11.3M |
Transmedics Group Inc.Bond89377MAB5 | New | +3,131,000 | $3.4M |
Service Properties Trust81761L102 | New | +1,988,382 | $3.4M |
Wec Energy Group Inc.Bond92939UAT3 | New | +3,214,000 | $3.3M |
| Added +1.7% | +58,303 | $57M | |
Pennymac Corp.Bond70932AAH6 | Added +79% | +3,130,000 | $7.3M |
Jd.com Inc.Bond47215PAJ5 | Reduced −27% | −2,988,000 | $7.9M |
Gladstone Capital Corp.Bond376535AG5 | Added +163% | +3,101,000 | $4.8M |
Akamai Technologies Inc.Bond00971TAN1 | Reduced −51% | −2,766,000 | $3.1M |
Bill Holdings Inc.Bond090043AD2 | Added +91% | +3,024,000 | $6.1M |
JBT Marel Corp.Bond477839AB0 | Sold out | −2,927,000 | — |
Digitalocean HoldingsBond25402DAB8 | Sold out | −2,985,000 | — |
NCL Corporation Ltd.Bond62886HBD2 | New | +2,874,000 | $2.8M |
| Sold out | −114,261 | — | |
Snap Inc.Bond83304AAB2 | Reduced −77% | −2,890,000 | $873.2K |
Amphastar PharmaceuticalBond03209RAB9 | Added +7.5% | +2,844,000 | $37.2M |
Rivian Auto Inc.Bond76954AAD5 | Added +162% | +2,100,000 | $3.6M |
Northern Oil And Gas Inc.Bond665531AJ8 | Added +131% | +2,614,000 | $4.4M |
Cogent Biosciences Inc.Bond19240QAA0 | Added +16% | +1,669,000 | $14.8M |
Coinbase Global Inc.Bond19260QAF4 | Sold out | −2,364,000 | — |
Cheesecake Factory (The)Bond163072AA9 | Sold out | −2,173,000 | — |
Strategy Inc.Bond594972AL5 | Sold out | −2,200,000 | — |
Post Holdings Inc.Bond737446AT1 | Sold out | −1,950,000 | — |
Jazz Investments I Ltd.Bond472145AH4 | Sold out | −1,461,000 | — |
Parsons Corp.Bond70202LAD4 | Sold out | −2,060,000 | — |
Cerence Inc.Bond156727AD1 | Added +33% | +1,945,000 | $7.2M |
Meritage Homes Corp.Bond59001ABF8 | Sold out | −1,900,000 | — |
NN Inc.NNBR | New | +510,943 | $1.8M |
Nextera Energy CapitalBond65339KCY4 | Sold out | −1,292,000 | — |
Upwork Inc.Bond91688FAB0 | Added +13% | +1,655,000 | $14M |
| Reduced −71% | −710,544 | $24.5M | |
Groupon Inc.Bond399473AK3 | New | +1,677,000 | $1.7M |
Spectrum Brands Inc.Bond84762LAZ8 | Reduced −10% | −2,674,000 | $24.5M |
| Added +472% | +1,139,060 | $1.9M | |
On Semiconductor Corp.Bond682189AU9 | New | +1,250,000 | $1.5M |
| Reduced −1.8% | −7,900 | $28.1M | |
Irhythm Holdings Inc.Bond450056AB2 | Sold out | −1,350,000 | — |
Celcuity Inc.Bond15102KAA8 | Sold out | −600,000 | — |
Revolution Medicines Inc.Bond76155XAA8 | New | +1,150,000 | $1.4M |
Pagerduty Inc.Bond69553PAD2 | Added +20% | +1,190,000 | $6.7M |
Haemonetics Corp.Bond405024AD2 | Added +150% | +1,253,000 | $2.1M |
Ziff Davis Inc.Bond48123VAE2 | Added +11% | +1,139,000 | $11.1M |
Blackstone Mortgage TrustBond09257WAE0 | Added +8.5% | +1,105,000 | $14.1M |
Aerovironment Inc.Bond008073AA6 | Added +14% | +1,486,000 | $11.3M |
| Reduced −1.8% | −10,600 | $24.4M | |
Alibaba Group HoldingBond01609WBG6 | New | +750,000 | $885.8K |
| Reduced −47% | −1,349,858 | $7.1M | |
Itron Inc.Bond465741AQ9 | Added +8.4% | +867,000 | $11.2M |
Arrowhead Pharmaceuticals InBond04280AAC4 | Reduced −17% | −1,909,000 | $11M |
| Sold out | −4,823 | — | |
Redwood Trust Inc.Bond758075AF2 | Reduced −4.4% | −366,000 | $8M |
Shake Shack Inc.Bond819047AB7 | New | +270,000 | $252.1K |
| Added +6.6% | +75,000 | $16M | |
| New | +10,851 | $184.5K | |
Alvotech SAALVO | Reduced −59% | −142,056 | $361.6K |
Fluor Corp.Bond343412AJ1 | Reduced −7.3% | −100,000 | $1.7M |
Howard Marks' portfolio by sector
Share of the stock portfolio at Q2 2026.
| Sector | Share |
|---|---|
| Industrials | 20% |
| Energy | 18% |
| Materials | 15% |
| Communication Services | 12% |
| Health Care | 8.6% |
| Financials | 8.0% |
| Consumer Discretionary | 7.3% |
| Utilities | 4.5% |
| Other | 3.6% |
| Real Estate | 1.8% |
| Technology | 1.7% |
| Consumer Staples | 0.4% |
Portfolio performance: Howard Marks vs. benchmarks
Your result if you had bought each reported portfolio on the day it was made public and held it until the next report, against the S&P 500 and Nasdaq-100.
- You, copying after each 13F filing – estimated value
- S&P 500
- Nasdaq-100
| Total return | Per year | |
|---|---|---|
| You, copying after each 13F filing – estimated value | +210.2% | +25.4% |
| S&P 500 | +89.0% | +13.6% |
| Nasdaq-100 | +113.3% | +16.4% |
Prices were available for 63% of the portfolio value on average; the rest is left out of the return.
Howard Marks' most traded stocks
Quarters with a buy or a sell, all reports since Q1 2012.
| Company | Quarters bought | Quarters sold |
|---|---|---|
| 39 | 23 | |
Vale Sa-Sp ADRVALE | 30 | 24 |
| 31 | 21 | |
| 29 | 20 | |
| 22 | 17 | |
| 27 | 12 | |
| 22 | 12 | |
| 11 | 19 | |
| 18 | 11 | |
| 17 | 11 | |
| 17 | 11 | |
| 14 | 14 | |
| 20 | 8 | |
| 17 | 10 | |
| 16 | 9 |