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 |
|---|---|---|---|
Vistra Corp.VST | Sold out | −9,000,000 | — |
| Added +17% | +75,000 | $249.5M | |
| Reduced −62% | −9,959,500 | $129.9M | |
Torm Plc-ATRMD | Reduced −5.2% | −2,806,450 | $1.5B |
| Reduced −22% | −4,562,500 | $208.1M | |
Liberty Global Ltd-ALBTYA | New | +2,731,000 | $48.5M |
| Sold out | −2,800,846 | — | |
| New | +2,298,858 | $42.6M | |
| Sold out | −1,350,410 | — | |
| Sold out | −621,630 | — | |
| Sold out | −289,825 | — | |
| New | +1,090,795 | $36.5M | |
Liberty Global PLC Lilac - AG5480U104 | Sold out | −1,946,000 | — |
Vale Sa-Sp ADRVALE | Added +8.1% | +705,520 | $149.1M |
| Added +8.2% | +2,588,418 | $120.2M | |
| Added +8.2% | +446,132 | $109.8M | |
| Added +7.8% | +211,608 | $124.2M | |
Western Digital Corp.Bond958102AP0 | Sold out | −21,581,000 | — |
Caterpillar Inc.PutCAT | Reduced −25% | −100,000 | $88.7M |
| Added +9.0% | +761,034 | $63.8M | |
Tpi Composites Inc.87266J104 | Added +557% | +3,899,903 | $19M |
| Reduced −23% | −1,444,238 | $76.1M | |
| Reduced −17% | −487,960 | $70.7M | |
Alvotech SAALVO | Added +8.1% | +407,391 | $62.6M |
New Mountain Finance CorBond647551AE0 | New | +14,522,000 | $14.8M |
Cheesecake Factory (The)Bond163072AA9 | Added +406% | +16,453,000 | $17.8M |
| Added +0.7% | +28,291 | $98M | |
Pebblebrook Hotel TrustBond70509VAA8 | Added +191% | +14,239,000 | $19.4M |
| Added +27% | +465,988 | $62.8M | |
Docusign Inc.Bond256163AD8 | Reduced −87% | −12,692,000 | $1.9M |
Wayfair Inc.Bond94419LAF8 | New | +13,873,000 | $12.2M |
| Sold out | −590,774 | — | |
Valley National BancorpPutVLY | New | +1,000,000 | $10.9M |
Strategy Inc.Bond594972AE1 | Added +133% | +10,786,000 | $16.5M |
| Reduced −36% | −644,472 | $54.2M | |
Cable One Inc.Bond12685JAE5 | Added +42% | +11,053,000 | $31.9M |
| Sold out | −1,192,691 | — | |
Liberty Latin AmericaBond53069QAB5 | Reduced −91% | −10,025,000 | $935.1K |
| New | +120,271 | $9.3M | |
Arbor Realty Trust Inc.Bond038923BA5 | New | +8,920,000 | $9.1M |
Cracker Barrel Old CountBond22410JAB2 | Added +213% | +9,522,000 | $12.1M |
Biomarin PharmaceuticalBond09061GAH4 | New | +7,867,000 | $7.8M |
Envestnet Inc.Bond29404KAG1 | New | +7,820,000 | $7.8M |
| Added +8.6% | +240,411 | $72.3M | |
Snap Inc.Bond83304AAH9 | Added +70% | +8,287,000 | $15.9M |
Summit Hotel PropertiesBond866082AA8 | New | +8,158,000 | $7.3M |
Intercept PharmasBond45845PAB4 | Sold out | −7,295,000 | — |
Livongo HealthBond539183AA1 | Sold out | −7,693,000 | — |
Herbalife Ltd.Bond42703MAD5 | Sold out | −6,688,000 | — |
Splunk Inc.Bond848637AD6 | Sold out | −6,025,000 | — |
| Reduced −4.4% | −217,177 | $139M | |
Teladoc Health Inc.Bond87918AAF2 | Added +106% | +7,309,000 | $11.7M |
| Sold out | −530,675 | — | |
Euronet Worldwide Inc.Bond298736AL3 | Added +71% | +6,261,000 | $14.2M |
Sea Ltd.Bond81141RAF7 | Reduced −64% | −6,232,000 | $3.3M |
| Added +0.4% | +10,000 | $17.5M | |
Lumentum Holdings Inc.Bond55024UAF6 | Added +63% | +6,483,000 | $13.2M |
Solar Edge TechnologiesBond83417MAD6 | New | +6,179,000 | $5.7M |
Mfa Financial Inc.Bond55272XAA0 | Reduced −34% | −5,592,000 | $11.1M |
Affirm Holdings Inc.Bond00827BAB2 | Added +30% | +5,189,000 | $18.6M |
Jazz Investments I Ltd.Bond472145AD3 | Sold out | −5,683,000 | — |
PDD Holdings Inc.Bond722304AC6 | Reduced −69% | −5,465,000 | $2.6M |
Zscaler Inc.Bond98980GAB8 | Reduced −71% | −4,826,000 | $3M |
Marriott Vacation WorldwBond57164YAF4 | New | +5,836,000 | $5.2M |
Accolade Inc.Bond00437EAB8 | Reduced −56% | −6,333,000 | $4.3M |
Ezcorp Inc.Bond302301AE6 | Added +77% | +5,531,000 | $11.9M |
| Added +7.4% | +66,082 | $40.7M | |
8X8 Inc.Bond282914AE0 | New | +5,858,000 | $5.1M |
Tilray Brands Inc.Bond88688TAB6 | Sold out | −4,971,000 | — |
| Sold out | −367,821 | — | |
Greenbrier Cos. Inc.Bond393657AK7 | Sold out | −4,965,000 | — |
Liveperson Inc.Bond538146AB7 | New | +4,946,000 | $4.8M |
Jetblue Airways Corp.Bond477143AP6 | Reduced −16% | −4,393,000 | $16.4M |
| Sold out | −349,427 | — | |
Hci Group Inc.Bond40416EAF0 | Sold out | −4,511,000 | — |
Digitalocean HoldingsBond25402DAB8 | Added +30% | +4,089,000 | $14.6M |
| Sold out | −811,208 | — | |
Exact Sciences Corp.Bond30063PAB1 | Sold out | −4,493,000 | — |
Wolfspeed Inc.Bond977852AB8 | Sold out | −5,876,000 | — |
Viavi Solutions Inc.Bond925550AB1 | Sold out | −4,053,000 | — |
Enphase Energy Inc.Bond29355AAH0 | New | +4,171,000 | $3.8M |
Lyft Inc.Bond55087PAB0 | Added +35% | +3,678,000 | $13.5M |
Alteryx Inc.Bond02156BAD5 | Reduced −61% | −3,972,000 | $2.5M |
Magnite Inc.Bond55955DAB6 | Sold out | −4,054,000 | — |
| Sold out | −576,518 | — | |
Omnicell Inc.Bond68213NAD1 | New | +3,753,000 | $3.5M |
| Reduced −19% | −302,664 | $20M | |
Chefs' Warehouse TheBond163086AB7 | New | +3,487,000 | $3.4M |
Atlantica Jersey Ltd.Bond04916EAB0 | Added +66% | +3,294,000 | $7.9M |
| Reduced −28% | −334,000 | $16.7M | |
Upstart Holdings Inc.Bond91680MAB3 | Added +58% | +3,788,000 | $7.6M |
Semtech Corp.Bond816850AF8 | New | +3,766,000 | $3.2M |
Apollo Cmmrl Real Est FiBond03762UAC9 | Sold out | −3,217,000 | — |
Fastly Inc.Bond31188VAB6 | Sold out | −3,641,000 | — |
Perficient Inc.Bond71375UAF8 | Added +13% | +2,936,000 | $20.7M |
| Sold out | −245,996 | — | |
3D Systems Corp.Bond88554DAD8 | Sold out | −4,056,000 | — |
Mesa Laboratories Inc.Bond59064RAA7 | Added +35% | +2,999,000 | $10.7M |
Anywhere Re Grp/RealogyBond75606DAP6 | Added +178% | +3,583,000 | $4.4M |
Akamai Technologies Inc.Bond00971TAL5 | Added +48% | +2,260,000 | $7.8M |
Haemonetics Corp.Bond405024AB6 | Reduced −19% | −3,645,000 | $13.7M |
| Reduced −37% | −168,309 | $14.2M | |
Enphase Energy Inc.Bond29355AAK3 | Sold out | −3,261,000 | — |
Bandwidth Inc.Bond05988JAB9 | Sold out | −3,335,000 | — |
Alphatime Acquisition Corp.2678581D | Sold out | −250,000 | — |
Chegg Inc.Bond163092AD1 | Sold out | −2,872,000 | — |
Datadog Inc.Bond23804LAB9 | Reduced −64% | −2,444,000 | $1.9M |
| Added +76% | +240,000 | $5.9M | |
H World Group Ltd.Bond44332NAB2 | Added +178% | +2,492,000 | $4.2M |
Bilibili Inc.Bond090040AB2 | Sold out | −2,491,000 | — |
Coinbase Global Inc.Bond19260QAB3 | Reduced −28% | −6,780,000 | $15.6M |
Chegg Inc.Bond163092AF6 | Reduced −24% | −3,731,000 | $9.7M |
Nio Inc.Bond62914VAE6 | Sold out | −2,429,000 | — |
Southwest Airlines Co.Bond844741BG2 | Sold out | −2,300,000 | — |
Unity Software Inc.Bond91332UAB7 | Added +26% | +2,306,000 | $9.3M |
Bandwidth Inc.Bond05988JAD5 | Reduced −62% | −3,449,000 | $1.3M |
Bill Holdings Inc.Bond090043AB6 | New | +2,352,000 | $2.2M |
Cloudflare Inc.Bond18915MAC1 | Added +31% | +1,992,000 | $7.6M |
Global Lights Acquisition Corp.G3937F127 | New | +200,000 | $2.1M |
Alarm.com Holdings Inc.Bond011642AB1 | Reduced −11% | −2,836,000 | $20.9M |
Q2 Holdings Inc.Bond74736LAF6 | Reduced −29% | −2,249,000 | $4.9M |
Farfetch Ltd.Bond30744WAD9 | Sold out | −3,485,000 | — |
Confluent Inc.Bond20717MAB9 | New | +2,085,000 | $1.7M |
Fiverr International Ltd.Bond33835LAA3 | Reduced −21% | −2,180,000 | $7.5M |
Redfin Corp.Bond75737FAE8 | Added +19% | +1,739,000 | $7.1M |
Wayfair Inc.Bond94419LAM3 | Added +17% | +1,454,000 | $9M |
| Reduced −9.3% | −355,108 | $63.5M | |
Northern Oil And Gas Inc.Bond665531AJ8 | New | +1,400,000 | $1.7M |
Joyy Inc.Bond98426TAF3 | Reduced −21% | −1,784,000 | $6.5M |
Turning Point Brands Inc.Bond90041LAE5 | Added +16% | +1,531,000 | $11M |
Neogenomics Inc.Bond64049MAB6 | Reduced −40% | −2,432,000 | $2.8M |
| Sold out | −150,000 | — | |
Ionis Pharmaceuticals InBond462222AD2 | New | +1,500,000 | $1.6M |
Lantheus Holdings Inc.Bond516544AB9 | New | +1,400,000 | $1.6M |
Nutanix Inc.Bond67059NAH1 | Added +9.5% | +562,000 | $6.8M |
Air Transport Services GBond00922RAB1 | Added +30% | +1,413,000 | $5.9M |
Blackstone Mortgage TrustBond09257WAE0 | Added +6.6% | +1,166,000 | $17.3M |
| Sold out | −125,000 | — | |
Shake Shack Inc.Bond819047AB7 | Added +14% | +996,000 | $6.5M |
Eventbrite Inc.Bond29975EAD1 | Added +9.0% | +1,179,000 | $12.1M |
Kaman Corp.Bond483548AF0 | Added +7.9% | +1,226,000 | $16.2M |
M/A-Com Tech SolutionsBond55405YAB6 | Sold out | −1,000,000 | — |
Conmed Corp.Bond207410AH4 | Added +56% | +1,000,000 | $2.8M |
TMT Acquisition Corp.G89229119 | Added +133% | +100,000 | $1.8M |
Spotify USA Inc.Bond84921RAB6 | Added +1.3% | +342,000 | $22.9M |
Ford Motor Co.Bond345370CZ1 | Added +11% | +920,000 | $9.5M |
Block Inc.Bond852234AJ2 | Reduced −44% | −1,256,000 | $1.4M |
TechtargetBond87874RAD2 | Reduced −12% | −1,669,000 | $10.5M |
RWT Holdings Inc.Bond749772AD1 | Added +3.7% | +821,000 | $21.4M |
First Majestic SilverBond32076VAD5 | Added +3.2% | +579,000 | $14.5M |
The Realreal Inc.Bond88339PAD3 | Sold out | −2,029,000 | — |
Nuvasive Inc.Bond670704AJ4 | Reduced −5.0% | −999,000 | $17.5M |
Snap Inc.Bond83304AAB2 | Added +25% | +500,000 | $2.7M |
I3 Verticals LLCBond44933TAB2 | Added +42% | +850,000 | $2.7M |
Box Inc.Bond10316TAB0 | Reduced −37% | −700,000 | $1.3M |
Sea Ltd.Bond81141RAG5 | Added +1.7% | +308,000 | $15M |
Expedia Group Inc.Bond30212PBE4 | Reduced −25% | −930,000 | $2.6M |
Bridgebio Pharma Inc.Bond10806XAD4 | Reduced −22% | −1,458,000 | $4.3M |
American Airlines GroupBond02376RAF9 | Reduced −25% | −600,000 | $2M |
Shift4 Payments Inc.Bond82452JAD1 | Added +6.1% | +201,000 | $3.3M |
Block Inc.Bond852234AF0 | Added +5.1% | +205,000 | $4.2M |
Array Technologies Inc.Bond04271TAB6 | Reduced −12% | −161,000 | $1.2M |
Iqiyi Inc.Bond46267XAE8 | Added +1.5% | +98,000 | $6.4M |
Innoviva Inc.Bond45781MAD3 | Reduced −9.9% | −1,011,000 | $8.1M |
Pennymac Corp.Bond70932AAD5 | Added +2.3% | +347,000 | $15.3M |
| New | +29,000 | $296.2K | |
Blackline Inc.Bond09239BAD1 | Reduced −0.1% | −8,000 | $9.7M |
Wix Ltd.Bond92940WAD1 | Reduced −18% | −277,000 | $1.2M |
Ai Transn Acquisition Corp.G01490138 | New | +20,000 | $204.2K |
Bilibili Inc.Bond090040AF3 | Reduced −1.1% | −83,000 | $7.2M |
| Reduced −6.4% | −15,000 | $1.6M | |
Nio Inc.Bond62914VAF3 | Reduced −1.3% | −44,000 | $3.1M |
Itron Inc.Bond465741AN6 | Reduced −4.6% | −261,000 | $5M |
Ecd Automotive Design Inc.27877D104 | New | +75,000 | $92.3K |
Tripadvisor Inc.Bond896945AD4 | Reduced −3.2% | −623,000 | $16.8M |
8X8 Inc.Bond282914AB6 | Reduced −1.8% | −167,000 | $8.9M |
NRG Energy Inc.Bond629377CG5 | Reduced −17% | −991,000 | $6.2M |
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 |