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 |
|---|---|---|---|
Torm Plc-ATRMD | Reduced −8.0% | −3,528,866 | $1.4B |
| Reduced −43% | −300,000 | $226.6M | |
| New | +696,676 | $124.2M | |
| New | +2,046,753 | $107.4M | |
NRG Energy Inc.PutNRG | Sold out | −800,000 | — |
Liberty Global Ltd-ALBTYA | Added +57% | +2,171,621 | $126.1M |
| Reduced −28% | −2,254,220 | $135.3M | |
Vale Sa-Sp ADRVALE | Reduced −36% | −4,549,737 | $95.8M |
| New | +976,906 | $44M | |
| Reduced −59% | −20,697,066 | $37.5M | |
Sunnova Energy International Inc.Bond86745KAF1 | Added +360% | +45,892,000 | $44.8M |
| New | +283,267 | $38.2M | |
| New | +1,711,512 | $38.1M | |
Enlink Midstream LLC29336T100 | New | +2,525,098 | $36.6M |
Constellation EnergyPutCEG | Sold out | −180,000 | — |
| New | +2,011,574 | $34.9M | |
Coherus Oncology Inc.Bond19249HAB9 | Added +1215% | +42,530,000 | $36.1M |
Anywhere Re Grp/RealogyBond75606DAP6 | New | +37,148,000 | $32.6M |
Travere Therapeutics Inc.Bond89422GAA5 | New | +30,000,000 | $25.9M |
Indivior PLCG4766E116 | Added +112% | +5,028,807 | $94.1M |
Netease Inc-AdrNTES | New | +232,594 | $21.7M |
| Added +37% | +2,430,241 | $60.4M | |
| Added +35% | +205,878 | $47M | |
| Sold out | −5,888,855 | — | |
Vistra Corp.PutVST | Sold out | −200,000 | — |
| Added +83% | +102,144 | $23.8M | |
Sea Ltd.Bond81141RAG5 | Reduced −67% | −14,806,000 | $6.5M |
Zto Express Cayman Inc-AdrBond98980AAB1 | New | +11,828,000 | $12.6M |
| New | +604,939 | $12.3M | |
Eagle Bulk Shipping Inc.Bond269442AA7 | Sold out | −5,745,000 | — |
Pebblebrook Hotel TrustBond70509VAA8 | Added +138% | +12,677,000 | $20.1M |
Envestnet Inc.Bond29404KAG1 | Sold out | −11,049,000 | — |
Star HoldingsSTHO | Sold out | −966,868 | — |
Joyy Inc-AdrJOYY | Added +30% | +203,151 | $32M |
Liberty Global Ltd-ACallLBTYA | New | +500,000 | $10.6M |
Azul Sa-Spon ADR05501U106 | Sold out | −2,445,850 | — |
Jetblue Airways Corp.Bond477143AP6 | Reduced −41% | −11,864,000 | $15.8M |
| New | +510,764 | $9.2M | |
Alphatec Holdings Inc.Bond02081GAB8 | Added +217% | +10,269,000 | $13.5M |
| Reduced −11% | −671,437 | $150.7M | |
Advanced Energy IndBond007973AE0 | New | +7,855,000 | $8.3M |
Fluor Corp.Bond343412AJ1 | New | +6,718,000 | $8.2M |
Tetra Tech Inc.Bond88162GAB9 | New | +6,083,000 | $8M |
| Reduced −42% | −403,551 | $11.7M | |
Pegasystems Inc.Bond705573AB9 | New | +7,315,000 | $7.2M |
NCL Corporation Ltd.Bond62886HBD2 | New | +7,225,000 | $7M |
Solar Edge TechnologiesBond83417MAD6 | Reduced −92% | −7,541,000 | $634K |
| Reduced −9.7% | −437,181 | $58.6M | |
Ziff Davis Inc.Bond48123VAE2 | New | +7,145,000 | $6.6M |
Ford Motor Co.Bond345370CZ1 | Reduced −56% | −6,327,000 | $4.9M |
CMS Energy Corp.Bond125896BX7 | New | +5,980,000 | $6.4M |
| Added +26% | +1,560,940 | $18.5M | |
Air Transport Services GBond00922RAD7 | New | +6,319,000 | $6M |
Unity Software Inc.Bond91332UAB7 | Reduced −75% | −6,259,000 | $1.8M |
Cheesecake Factory (The)Bond163072AA9 | Sold out | −5,698,000 | — |
Upstart Holdings Inc.Bond91680MAB3 | New | +5,784,000 | $5.1M |
Air Transport Services GBond00922RAB1 | Sold out | −5,112,000 | — |
Ascendis Pharma A/SBond04351PAD3 | Added +46% | +3,893,000 | $14.4M |
Lantheus Holdings Inc.Bond516544AB9 | Sold out | −3,901,000 | — |
TechtargetBond87874RAD2 | Reduced −71% | −4,971,000 | $2M |
PPL Capital Funding Inc.Bond69352PAS2 | New | +4,491,000 | $4.8M |
National Vision HoldingsBond63845RAB3 | New | +4,765,000 | $4.7M |
Southern Co.Bond842587DP9 | Added +42% | +3,250,000 | $12.3M |
NCL Corporation Ltd.Bond62886HAX9 | Sold out | −3,489,000 | — |
Iqiyi Inc.BondG4939KAF3 | Sold out | −4,400,000 | — |
Wix Ltd.Bond92940WAD1 | New | +4,303,000 | $4.1M |
Alarm.com Holdings Inc.Bond011642AB1 | New | +4,254,000 | $4M |
| Reduced −9.6% | −89,431 | $31.2M | |
Marriott Vacation WorldwBond57164YAF4 | Sold out | −4,201,000 | — |
Cable One Inc.Bond12685JAE5 | Added +5.7% | +2,249,000 | $38.2M |
| Added +0.3% | +7,332 | $121.1M | |
Summit Hotel PropertiesBond866082AA8 | Reduced −62% | −3,750,000 | $2.2M |
Eventbrite Inc.Bond29975EAD1 | Reduced −56% | −3,859,000 | $2.7M |
Okta Inc.Bond679295AD7 | New | +3,402,000 | $3.3M |
Green Plains Inc.Bond393222AK0 | Sold out | −3,638,000 | — |
Turning Point Brands Inc.Bond90041LAE5 | Sold out | −3,210,000 | — |
Magnite Inc.Bond55955DAB6 | New | +3,403,000 | $3.2M |
Shift4 Payments Inc.Bond82452JAD1 | Sold out | −3,335,000 | — |
Innoviva Inc.Bond45781MAD3 | Reduced −55% | −3,706,000 | $3M |
Lumentum Holdings Inc.Bond55024UAF6 | Reduced −51% | −4,288,000 | $3.6M |
Biomarin PharmaceuticalBond09061GAH4 | Sold out | −2,936,000 | — |
Integra Lifesciences HLDBond457985AM1 | New | +3,062,000 | $2.9M |
First Majestic SilverBond32076VAD5 | Reduced −23% | −4,535,000 | $13.4M |
Chegg Inc.Bond163092AF6 | Sold out | −3,502,000 | — |
Cracker Barrel Old CountBond22410JAB2 | Reduced −55% | −3,059,000 | $2.3M |
Zscaler Inc.Bond98980GAB8 | New | +2,150,000 | $2.6M |
Tpi Composites Inc.87266J104 | Added +0.2% | +9,361 | $21M |
Nevro Corp.Bond64157FAC7 | Sold out | −2,673,000 | — |
RWT Holdings Inc.Bond749772AD1 | Reduced −26% | −2,718,000 | $7.8M |
Haemonetics Corp.Bond405024AB6 | Added +68% | +2,670,000 | $6.1M |
| Added +2.0% | +48,524 | $18.3M | |
Bentley SystemsBond08265TAB5 | New | +2,500,000 | $2.5M |
| Reduced −38% | −1,060,487 | $70.4M | |
Perficient Inc.Bond71375UAF8 | Reduced −48% | −2,592,000 | $2.8M |
Seagate HDD CaymanBond81180WBL4 | New | +1,679,000 | $2.4M |
Mannkind Corp.Bond56400PAQ5 | Reduced −68% | −2,093,000 | $1.3M |
Affirm Holdings Inc.Bond00827BAB2 | Reduced −38% | −3,179,000 | $4.6M |
Array Technologies Inc.Bond04271TAB6 | New | +3,145,000 | $2.3M |
Bilibili Inc.Bond090040AF3 | Reduced −62% | −2,425,000 | $1.5M |
Esperion TherapeuticsBond29664WAB1 | Sold out | −2,495,000 | — |
Tyler Technologies Inc.Bond902252AB1 | Sold out | −2,100,000 | — |
Groupon Inc.Bond399473AF4 | Reduced −57% | −2,760,000 | $1.9M |
Redfin Corp.Bond75737FAE8 | New | +3,063,000 | $2.3M |
SSR Mining Inc.Bond784730AB9 | Reduced −45% | −2,529,000 | $2.9M |
Lendingtree Inc.Bond52603BAD9 | Added +217% | +2,317,000 | $3.2M |
Akamai Technologies Inc.Bond00971TAL5 | Added +20% | +1,598,000 | $10.1M |
Fiverr International Ltd.Bond33835LAA3 | Reduced −33% | −2,399,000 | $4.6M |
Alnylam PharmaceuticalsBond02043QAB3 | New | +1,800,000 | $2.1M |
Teladoc Health Inc.Bond87918AAF2 | Reduced −29% | −2,767,000 | $5.8M |
Redwood Trust Inc.Bond758075AF2 | New | +1,954,000 | $2M |
Bridgebio Pharma Inc.Bond10806XAB8 | Reduced −61% | −1,945,000 | $1.3M |
Mara Holdings Inc.Bond565788AB2 | Added +47% | +2,017,000 | $5.6M |
Dexcom Inc.Bond252131AM9 | Sold out | −1,800,000 | — |
H World Group Ltd.Bond44332NAB2 | Added +6.2% | +583,352 | $11.9M |
Guardant Health Inc.Bond40131MAB5 | Added +7.2% | +1,457,000 | $17.4M |
The Realreal Inc.Bond88339PAD3 | Reduced −69% | −3,633,000 | $775.7K |
Sarepta Therapeutics Inc.Bond803607AD2 | Added +49% | +2,135,000 | $7.4M |
Arbor Realty Trust Inc.Bond038923BA5 | Reduced −50% | −1,754,000 | $1.8M |
Wayfair Inc.Bond94419LAP6 | New | +1,400,000 | $1.7M |
Halozyme Therapeutics InBond40637HAF6 | Added +33% | +1,186,000 | $5.7M |
Insulet CorporationBond45784PAK7 | Sold out | −1,500,000 | — |
Post Holdings Inc.Bond737446AT1 | Reduced −55% | −1,594,000 | $1.5M |
Middleby Corp.Bond596278AB7 | New | +1,400,000 | $1.6M |
Bentley SystemsBond08265TAD1 | Sold out | −1,725,000 | — |
| Reduced −5.1% | −50,000 | $16.9M | |
Nutanix Inc.Bond67059NAH1 | Added +18% | +1,147,000 | $8.9M |
Zillow Group Inc.Bond98954MAG6 | Sold out | −1,250,000 | — |
On Semiconductor Corp.Bond682189AU9 | Reduced −23% | −1,921,000 | $6.5M |
Pennymac Corp.Bond70932AAD5 | Reduced −72% | −1,522,000 | $575.8K |
Liberty Media Corp.Bond531229AQ5 | Added +9.5% | +950,000 | $12.1M |
Airbnb Inc.Bond009066AB7 | New | +1,533,000 | $1.4M |
| Added +2.0% | +60,000 | $23.2M | |
Pennymac Corp.Bond70932AAF0 | Reduced −25% | −1,508,000 | $4.4M |
Marriott Vacation WorldwBond57164YAD9 | New | +1,461,000 | $1.4M |
Vail Resorts Inc.Bond91879QAN9 | New | +1,425,000 | $1.3M |
Chegg Inc.Bond163092AD1 | Added +29% | +1,243,000 | $5.3M |
Digitalocean HoldingsBond25402DAB8 | Reduced −20% | −1,941,000 | $7.1M |
Nuvasive Inc.Bond670704AJ4 | Reduced −17% | −1,403,000 | $6.7M |
I3 Verticals LLCBond44933TAB2 | Sold out | −1,273,000 | — |
Eventbrite Inc.Bond29975EAB5 | Sold out | −1,151,000 | — |
Nio Inc.Bond62914VAJ5 | New | +1,215,000 | $1.1M |
New Mountain Finance CorBond647551AE0 | Added +19% | +1,059,000 | $6.7M |
Bridgebio Pharma Inc.Bond10806XAD4 | Reduced −38% | −1,436,000 | $2M |
Block Inc.Bond852234AJ2 | Added +46% | +997,000 | $2.9M |
Xometry Inc.Bond98423FAB5 | Added +139% | +989,000 | $1.4M |
Bandwidth Inc.Bond05988JAD5 | Added +15% | +919,000 | $5.5M |
Atlantica Jersey Ltd.Bond04916EAB0 | Reduced −25% | −778,000 | $2.4M |
Live Nation EntertainmenBond538034BA6 | Added +2.2% | +105,000 | $6M |
Ezcorp Inc.Bond302301AE6 | Reduced −17% | −805,000 | $3.9M |
Upwork Inc.Bond91688FAB0 | Reduced −17% | −948,000 | $4.4M |
Neogenomics Inc.Bond64049MAB6 | Added +22% | +659,000 | $3M |
Etsy Inc.Bond29786AAJ5 | Reduced −30% | −650,000 | $1.5M |
Conmed Corp.Bond207410AH4 | New | +681,000 | $633.5K |
8X8 Inc.Bond282914AE0 | Reduced −15% | −727,000 | $3M |
Shake Shack Inc.Bond819047AB7 | Reduced −13% | −1,228,000 | $7.9M |
Block Inc.Bond852234AF0 | Reduced −31% | −554,000 | $1.2M |
Etsy Inc.Bond29786AAN6 | Added +3.3% | +251,000 | $6.4M |
| Reduced −9.6% | −124,541 | $43.4M | |
Snap Inc.Bond83304AAH9 | Added +3.5% | +300,000 | $7.1M |
Two Harbors Inv Corp.Bond90187BAB7 | Added +3.5% | +160,000 | $4.7M |
Pacira Biosciences Inc.Bond695127AF7 | Added +1.3% | +81,000 | $6.2M |
Mesa Laboratories Inc.Bond59064RAA7 | Reduced −4.5% | −334,000 | $6.9M |
Blackstone Mortgage TrustBond09257WAE0 | Reduced −1.9% | −84,000 | $4.2M |
Five9 Inc.Bond338307AD3 | Added +1.0% | +29,000 | $2.8M |
| Added +3.0% | +1,562 | $3.4M |
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 |