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 |
|---|---|---|---|
Infinera Corp.45667G103 | Sold out | −25,175,384 | — |
| New | +18,752,227 | $98.8M | |
Vistra Corp.PutVST | Sold out | −660,000 | — |
| Reduced −1.7% | −92,700 | $202.9M | |
| Reduced −20% | −1,375,000 | $619.2M | |
Sunrise Communicat Class A867975104 | Sold out | −1,440,836 | — |
| New | +5,585,253 | $52.1M | |
| Sold out | −717,222 | — | |
| New | +10,275,995 | $46.6M | |
| Reduced −33% | −670,000 | $60.5M | |
| Sold out | −877,830 | — | |
| New | +6,941,012 | $38.2M | |
Quanta Services Inc.PutPWR | Sold out | −120,000 | — |
Bilibili Inc.BILI | New | +1,925,797 | $36.8M |
| Sold out | −1,677,679 | — | |
Netease Inc-AdrNTES | Sold out | −399,694 | — |
Enlink Midstream LLC29336T100 | Sold out | −2,499,111 | — |
Sunnova Energy International Inc.Bond86745KAF1 | Added +44% | +32,296,000 | $10.6M |
Barrick Gold Corp.067901108 | Added +148% | +1,501,595 | $48.9M |
| New | +3,162,122 | $33M | |
| Sold out | −277,767 | — | |
| Added +33% | +4,794,697 | $108.7M | |
| New | +1,254,784 | $25.2M | |
Neogenomics Inc.Bond64049MAB6 | Added +726% | +27,647,000 | $27.3M |
Airbnb Inc.Bond009066AB7 | Added +1538% | +23,575,000 | $24M |
| Reduced −4.8% | −109,000 | $101.7M | |
| New | +199,684 | $18.4M | |
Echostar Corp.Bond278768AB2 | New | +16,000,000 | $17.9M |
| Reduced −31% | −118,163 | $19.7M | |
| Reduced −19% | −76,795 | $63.9M | |
| Added +24% | +428,105 | $83M | |
| New | +1,091,853 | $15.7M | |
Livanova PLCBond53802LAB8 | New | +14,988,000 | $14.3M |
Alphatec Holdings Inc.Bond02081GAB8 | Sold out | −15,000,000 | — |
Sea Ltd.Bond81141RAG5 | Added +182% | +14,437,000 | $20.9M |
Southern Co.Bond842587DP9 | Sold out | −12,686,000 | — |
Guardant Health Inc.Bond40131MAB5 | Reduced −43% | −16,459,000 | $19.6M |
Sunnova Energy International Inc.Bond86745KAH7 | Added +29% | +13,650,000 | $5.5M |
Akamai Technologies Inc.Bond00971TAL5 | Sold out | −11,889,000 | — |
| Sold out | −131,086 | — | |
Marriott Vacation WorldwBond57164YAF4 | Added +369% | +12,068,000 | $14.2M |
| Reduced −39% | −309,577 | $12.8M | |
Snap Inc.Bond83304AAH9 | Added +135% | +11,872,000 | $17.5M |
Nextera Energy CapitalBond65339KCY4 | New | +8,841,000 | $10.2M |
Enphase Energy Inc.Bond29355AAK3 | New | +11,840,000 | $10.1M |
PG&E Corp.Bond69331CAL2 | Reduced −59% | −9,050,000 | $6.6M |
Envista Holdings Corp.Bond29415FAD6 | Added +162% | +10,587,000 | $15.5M |
Bridgebio Pharma Inc.Bond10806XAD4 | Added +272% | +10,337,000 | $12.7M |
Dexcom Inc.Bond252131AM9 | New | +10,486,000 | $9.4M |
| Reduced −32% | −449,156 | $39.5M | |
Conmed Corp.Bond207410AH4 | Added +120% | +9,509,000 | $16.4M |
Enphase Energy Inc.Bond29355AAH0 | Added +400% | +9,196,000 | $10.9M |
Indivior PLCG4766E116 | Added +26% | +2,275,577 | $103.5M |
Guardant Health Inc.Bond40131MAD1 | New | +8,088,000 | $8.4M |
Liberty Media Corp.Bond531229AQ5 | Reduced −91% | −6,815,000 | $852.3K |
Advanced Energy IndBond007973AE0 | Sold out | −7,122,000 | — |
Uber Technologies Inc.Bond90353TAM2 | Reduced −70% | −7,386,000 | $3.9M |
Digitalocean HoldingsBond25402DAB8 | Sold out | −8,609,000 | — |
| Added +7.3% | +84,130 | $45.5M | |
| Reduced −3.2% | −90,000 | $27.6M | |
Talen Energy Corp.CallTLN | Added +17% | +40,000 | $55.9M |
Teladoc Health Inc.Bond87918AAF2 | Added +103% | +7,780,000 | $14.1M |
Alvotech SAALVO | Reduced −3.0% | −57,222 | $18.1M |
Etsy Inc.Bond29786AAN6 | Added +47% | +8,027,000 | $21.3M |
First Majestic SilverBond32076VAD5 | Added +84% | +7,147,000 | $14.7M |
Liberty Global Ltd-ACallLBTYA | Sold out | −500,000 | — |
Tandem Diabetes Care Inc.Bond875372AD6 | New | +6,442,000 | $6.1M |
Shopify Inc.Bond82509LAA5 | New | +5,600,000 | $5.6M |
Tetra Tech Inc.Bond88162GAB9 | Reduced −71% | −4,485,000 | $1.9M |
Five9 Inc.Bond338307AD3 | Added +751% | +5,439,000 | $6.1M |
Coupang Inc.CPNG | Sold out | −241,544 | — |
| Reduced −21% | −693,232 | $38.1M | |
Nuvasive Inc.Bond670704AJ4 | Sold out | −4,913,000 | — |
Block Inc.Bond852234AK9 | Added +352% | +5,306,000 | $6M |
RWT Holdings Inc.Bond749772AD1 | Sold out | −4,710,000 | — |
Eventbrite Inc.Bond29975EAD1 | Sold out | −5,177,000 | — |
Expedia Group Inc.Bond30212PBE4 | New | +4,623,000 | $4.6M |
Peloton Interactive Inc.Bond70614WAB6 | New | +4,746,000 | $4.5M |
| Reduced −37% | −206,188 | $6.2M | |
Fubotv Inc.Bond35953DAB0 | New | +4,392,000 | $4.3M |
Herbalife Ltd.Bond42703MAF0 | New | +4,787,000 | $4.1M |
Alarm.com Holdings Inc.Bond011642AB1 | Added +120% | +4,244,000 | $7.5M |
New Mountain Finance CorBond647551AE0 | Sold out | −3,968,000 | — |
Two Harbors Inv Corp.Bond90187BAB7 | Added +143% | +3,806,000 | $6.4M |
Travere Therapeutics Inc.Bond89422GAA5 | Reduced −37% | −4,259,000 | $7.2M |
Pegasystems Inc.Bond705573AB9 | Sold out | −3,787,000 | — |
Vale Sa-Sp ADRVALE | Reduced −16% | −1,177,223 | $60M |
Ascendis Pharma A/SBond04351PAD3 | Reduced −29% | −4,235,000 | $12.2M |
Lumentum Holdings Inc.Bond55024UAF6 | Added +204% | +4,089,000 | $5.6M |
Jetblue Airways Corp.Bond477143AP6 | Added +8.2% | +3,291,000 | $40.9M |
Insmed Inc.Bond457669AB5 | Sold out | −1,642,000 | — |
| Sold out | −179,593 | — | |
PPL Capital Funding Inc.Bond69352PAS2 | Added +30% | +2,582,000 | $12.4M |
On Semiconductor Corp.Bond682189AU9 | Added +279% | +4,043,000 | $4.7M |
Chegg Inc.Bond163092AD1 | Sold out | −3,419,000 | — |
Zto Express Cayman Inc-AdrBond98980AAB1 | Reduced −38% | −3,340,000 | $5.5M |
Mara Holdings Inc.Bond565788AB2 | Sold out | −3,443,000 | — |
Pacira Biosciences Inc.Bond695127AF7 | Added +64% | +2,936,000 | $7.5M |
Workiva Inc.Bond98139AAD7 | Reduced −26% | −2,065,000 | $5.5M |
Green Plains Inc.Bond393222AK0 | Sold out | −3,310,000 | — |
Coinbase Global Inc.Bond19260QAF4 | New | +2,850,000 | $2.6M |
| Added +6.3% | +20,000 | $190.2M | |
Solar Edge TechnologiesBond83417MAD6 | New | +2,716,000 | $2.6M |
Seagate HDD CaymanBond81180WBL4 | New | +2,150,000 | $2.6M |
Cable One Inc.Bond12685JAE5 | Reduced −7.6% | −3,527,000 | $40.5M |
Bentley SystemsBond08265TAB5 | Sold out | −2,500,000 | — |
The Realreal Inc.Bond88339PAD3 | Sold out | −3,099,000 | — |
Livongo HealthBond539183AA1 | New | +2,317,000 | $2.3M |
Nio Inc.Bond62914VAF3 | Sold out | −2,324,000 | — |
Lumentum Holdings Inc.Bond55024UAH2 | New | +1,900,000 | $2.2M |
Cardlytics Inc.Bond14161WAB1 | Sold out | −2,415,000 | — |
National Vision HoldingsBond63845RAB3 | Added +52% | +2,134,000 | $6.2M |
Ezcorp Inc.Bond302301AE6 | Reduced −54% | −2,156,000 | $1.8M |
CMS Energy Corp.Bond125896BX7 | Added +15% | +1,329,000 | $11.6M |
Snap Inc.Bond83304AAD8 | New | +2,041,000 | $2M |
Pebblebrook Hotel TrustBond70509VAA8 | Added +4.9% | +2,011,000 | $40.4M |
Nice Ltd.Bond653656AB4 | New | +2,066,000 | $2M |
Irhythm Holdings Inc.Bond450056AB2 | New | +1,900,000 | $2M |
Blackstone Mortgage TrustBond09257WAE0 | Added +40% | +1,997,000 | $6.8M |
Shake Shack Inc.Bond819047AB7 | Added +35% | +3,000,000 | $10.7M |
| Reduced −34% | −591,670 | $22.4M | |
Pennymac Corp.Bond70932AAF0 | Added +38% | +1,820,000 | $6.6M |
8X8 Inc.Bond282914AE0 | Sold out | −2,068,000 | — |
H World Group Ltd.Bond44332NAB2 | Added +11% | +1,108,000 | $12.1M |
SSR Mining Inc.Bond784730AB9 | Reduced −40% | −1,948,000 | $2.9M |
Li Auto Inc.Bond50202MAB8 | New | +1,450,000 | $1.7M |
Bandwidth Inc.Bond05988JAD5 | Reduced −42% | −2,143,000 | $2.4M |
Haemonetics Corp.Bond405024AB6 | Reduced −34% | −1,844,000 | $3.4M |
Spotify USA Inc.Bond84921RAB6 | Reduced −46% | −1,850,000 | $2.6M |
Wayfair Inc.Bond94419LAM3 | Reduced −27% | −1,827,000 | $4.9M |
Duke Energy Corp.Bond26441CBY0 | New | +1,500,000 | $1.6M |
Ventas Realty LPBond92277GAZ0 | New | +1,250,000 | $1.6M |
Fiverr International Ltd.Bond33835LAA3 | Reduced −36% | −1,714,000 | $2.9M |
Guess Inc.Bond401617AF2 | New | +1,682,000 | $1.5M |
Parsons Corp.Bond70202LAD4 | New | +1,509,000 | $1.5M |
Integra Lifesciences HLDBond457985AM1 | Reduced −22% | −1,671,000 | $5.8M |
Shift4 Payments Inc.Bond82452JAD1 | Added +21% | +2,100,000 | $12.2M |
Transmedics Group Inc.Bond89377MAB5 | Sold out | −1,400,000 | — |
Bridgebio Pharma Inc.Bond10806XAB8 | New | +1,250,000 | $1.4M |
Marriott Vacation WorldwBond57164YAD9 | Sold out | −1,461,000 | — |
Alliant Energy Corp.Bond018802AC2 | New | +1,250,000 | $1.3M |
On Semiconductor Corp.Bond682189AS4 | New | +1,250,000 | $1.3M |
Lyft Inc.Bond55087PAD6 | New | +1,350,000 | $1.3M |
Cracker Barrel Old CountBond22410JAB2 | Sold out | −1,376,000 | — |
Okta Inc.Bond679295AF2 | New | +1,316,000 | $1.3M |
| Reduced −1.9% | −15,700 | $25.3M | |
Anywhere Re Grp/RealogyBond75606DAP6 | Reduced −8.1% | −2,961,000 | $31.2M |
Par Technology Corp.Bond698884AE3 | New | +1,100,000 | $1.2M |
MGP Ingredients Inc.Bond55303JAB2 | New | +1,211,000 | $1.1M |
Upwork Inc.Bond91688FAB0 | Reduced −35% | −1,203,000 | $2.1M |
Lendingtree Inc.Bond52603BAD9 | Sold out | −1,136,000 | — |
Magnite Inc.Bond55955DAB6 | Reduced −34% | −1,164,000 | $2.1M |
Cytokinetics Inc.Bond23282WAC4 | Reduced −8.5% | −596,000 | $7.3M |
Affirm Holdings Inc.Bond00827BAB2 | Reduced −23% | −1,127,000 | $3.4M |
Ziff Davis Inc.Bond48123VAE2 | Reduced −13% | −1,035,000 | $6.5M |
Summit Hotel PropertiesBond866082AA8 | Added +74% | +876,000 | $2M |
Esperion TherapeuticsBond29664WAB1 | New | +774,000 | $759K |
NCL Corporation Ltd.Bond62886HBD2 | Added +14% | +1,500,000 | $12.2M |
Block Inc.Bond852234AJ2 | Reduced −30% | −800,000 | $1.8M |
Redwood Trust Inc.Bond758075AF2 | Reduced −39% | −707,000 | $1.1M |
Nio Inc.Bond62914VAJ5 | Sold out | −932,000 | — |
Neogenomics Inc.Bond64049MAA8 | Reduced −34% | −700,000 | $1.4M |
Vail Resorts Inc.Bond91879QAN9 | Added +11% | +575,000 | $5.6M |
Unity Software Inc.Bond91332UAB7 | Added +24% | +615,000 | $3M |
| Reduced −5.9% | −147,500 | $9M | |
Redfin Corp.Bond75737FAE8 | Added +14% | +345,000 | $2.4M |
Rivian Auto Inc.Bond76954AAB9 | Sold out | −517,000 | — |
Upstart Holdings Inc.Bond91680MAB3 | Added +2.7% | +261,000 | $9.1M |
Arbor Realty Trust Inc.Bond038923BA5 | Sold out | −444,000 | — |
Array Technologies Inc.Bond04271TAB6 | Reduced −16% | −606,000 | $2.4M |
Cerence Inc.Bond156727AD1 | New | +590,000 | $419.2K |
Retrophin Inc.Bond761299AB2 | Added +33% | +344,000 | $1.4M |
Wayfair Inc.Bond94419LAP6 | Reduced −3.7% | −100,000 | $2.5M |
Fluor Corp.Bond343412AJ1 | Added +25% | +1,100,000 | $5.9M |
Alnylam PharmaceuticalsBond02043QAB3 | Reduced −26% | −350,000 | $1.2M |
Sarepta Therapeutics Inc.Bond803607AD2 | Added +15% | +1,313,000 | $9.4M |
Okta Inc.Bond679295AD7 | Added +6.7% | +206,000 | $3.2M |
The Realreal Inc.Bond88339PAJ0 | New | +295,000 | $246.5K |
Health Catalyst Inc.Bond42225TAB3 | Reduced −35% | −203,000 | $372.7K |
Groupon Inc.Bond399473AF4 | Added +3.6% | +89,000 | $2.4M |
Wix Ltd.Bond92940WAD1 | Added +1.3% | +63,000 | $4.8M |
Ecd Automotive Design Inc.27877D104 | Sold out | −75,000 | — |
Mesa Laboratories Inc.Bond59064RAA7 | Reduced −1.3% | −69,000 | $5.3M |
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 |