Howard Marks: Stock Portfolio, Performance and Latest Trades
Oaktree Capital Management
13F portfolio value
$7.2B
145 holdings at Q2 2026
Get an email when Howard Marks files a new 13F report
Free, no account needed. Unsubscribe with one click.
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 |
|---|---|---|---|
Vaneck Gold Miners ETFPutSMH | New | +865,000 | $311.5M |
Torm Plc-ATRMD | Reduced −35% | −14,156,061 | $527.3M |
Indivior PLCG4766E116 | Reduced −97% | −250,676,754 | $255.1M |
| Reduced −46% | −14,800,000 | $298M | |
Riot Platforms Inc.Bond767292AB1 | New | +81,960,000 | $92.9M |
Talen Energy Corp.CallTLN | Added +362% | +235,000 | $112.5M |
| New | +3,776,986 | $82.9M | |
Echostar Corp.Bond278768AB2 | New | +18,000,000 | $60.2M |
| Sold out | −220,000 | — | |
Echostar Corp.ECHO | Sold out | −600,000 | — |
| Added +17% | +55,000 | $262.5M | |
| Reduced −8.1% | −337,270 | $328.2M | |
Sarepta Therapeutics Inc.Bond803607AD2 | Sold out | −34,930,000 | — |
| Sold out | −737,112 | — | |
Core Scientific Inc.CallCORZ | New | +2,000,000 | $29.1M |
| Reduced −45% | −4,699,500 | $66.1M | |
Dexcom Inc.Bond252131AM9 | New | +27,995,000 | $25.8M |
| Reduced −58% | −1,059,069 | $38.1M | |
Sea Ltd.SE | Sold out | −141,368 | — |
| New | +2,400,000 | $24.7M | |
Amphastar PharmaceuticalBond03209RAB9 | Added +144% | +25,753,000 | $40.4M |
JBS Nv-AJBS | Sold out | −1,580,400 | — |
Draftkings Holdings Inc.Bond26142RAB0 | New | +25,225,000 | $23.1M |
Jetblue Airways Corp.Bond477143AP6 | Added +33% | +22,267,000 | $89M |
Biomarin PharmaceuticalBond09061GAK7 | Added +114% | +22,399,000 | $40.5M |
| Reduced −9.9% | −326,968 | $129.6M | |
| Reduced −15% | −1,250,000 | $62.8M | |
Five9 Inc.Bond338307AF8 | Added +290% | +22,570,000 | $27.4M |
First Majestic SilverBond32076VAD5 | Sold out | −18,133,000 | — |
| New | +1,094,752 | $19.5M | |
Synaptics Inc.Bond87157DAJ8 | New | +17,250,000 | $18.3M |
| New | +390,835 | $17.9M | |
| Reduced −7.3% | −886,796 | $55.9M | |
Ecovyst Inc.ECVT | Added +49% | +1,395,481 | $41.4M |
| Added +63% | +1,287,282 | $54.4M | |
Winnebago IndustriesBond974637AF7 | Added +312% | +15,312,000 | $19.1M |
Shift4 Payments Inc.Bond82452JAD1 | Sold out | −14,544,000 | — |
Parsons Corp.Bond70202LAD4 | Reduced −91% | −11,750,000 | $1.2M |
| Reduced −14% | −921,043 | $42.9M | |
Meritage Homes Corp.Bond59001ABF8 | Sold out | −12,695,000 | — |
Dexcom Inc.Bond252131AK3 | Sold out | −12,963,000 | — |
Wingstop Inc.PutWING | Sold out | −50,000 | — |
Pebblebrook Hotel TrustBond70509VAA8 | Added +52% | +13,530,000 | $38.4M |
Guardant Health Inc.Bond40131MAD1 | Sold out | −9,240,000 | — |
Airbnb Inc.Bond009066AB7 | Added +29% | +11,280,000 | $50.2M |
| Reduced −7.6% | −114,812 | $70.6M | |
| Reduced −7.3% | −277,933 | $37.8M | |
Okta Inc.Bond679295AF2 | Added +67% | +11,405,000 | $27.8M |
Spectrum Brands Inc.Bond84762LAZ8 | Added +70% | +11,275,000 | $26.1M |
Alvotech SAALVO | Reduced −66% | −1,030,020 | $2M |
Travere Therapeutics Inc.Bond89422GAA5 | Sold out | −9,213,000 | — |
MKS Inc.Bond55306NAB0 | Reduced −63% | −10,450,000 | $8M |
Live Nation EntertainmenBond538034BC2 | New | +9,670,000 | $10.2M |
Block Inc.Bond852234AJ2 | Added +102% | +10,229,000 | $19.9M |
Etsy Inc.Bond29786AAN6 | Added +28% | +10,835,000 | $44.9M |
Dayforce Inc.Bond15677JAD0 | Added +106% | +9,969,000 | $19.2M |
Nabors Industries Inc.Bond62957HAL9 | Added +88% | +11,230,000 | $19.6M |
Cogent Biosciences Inc.Bond19240QAA0 | New | +7,650,000 | $9M |
| Added +4.2% | +137,300 | $57.8M | |
Itron Inc.Bond465741AQ9 | New | +8,700,000 | $8.8M |
Array Technologies Inc.Bond04271TAB6 | Added +35% | +8,595,000 | $30.3M |
Enphase Energy Inc.Bond29355AAK3 | Added +33% | +9,556,000 | $33.4M |
Blackline Inc.Bond09239BAF6 | Sold out | −8,148,000 | — |
Cracker Barrel Old CountBond22410JAB2 | Added +34% | +8,328,000 | $32.2M |
Li Auto Inc.Bond50202MAB8 | Sold out | −7,279,000 | — |
| Sold out | −391,380 | — | |
| Reduced −11% | −281,975 | $27.3M | |
Bridgebio Pharma Inc.Bond10806XAD4 | Reduced −76% | −8,207,000 | $2.9M |
Datadog Inc.Bond23804LAD5 | New | +7,499,000 | $7.5M |
Summit Hotel PropertiesBond866082AA8 | Reduced −27% | −7,881,000 | $21.5M |
Green Plains Inc.Bond393222AK0 | New | +7,677,000 | $7.4M |
| Reduced −7.3% | −120,341 | $31M | |
Nextera Energy CapitalBond65339KCY4 | Reduced −83% | −6,276,000 | $1.6M |
| Added +30% | +1,950,000 | $121.6M | |
Lantheus Holdings Inc.Bond516544AB9 | Added +84% | +5,250,000 | $13.2M |
Jd.com Inc.Bond47215PAJ5 | Reduced −19% | −4,588,000 | $19.3M |
Snap Inc.Bond83304AAF3 | Added +51% | +6,599,000 | $18.3M |
| Reduced −27% | −238,944 | $25.2M | |
| Added +9.1% | +1,156,946 | $99M | |
MGP Ingredients Inc.Bond55303JAB2 | Added +34% | +5,950,000 | $22.5M |
Haemonetics Corp.Bond405024AB6 | Added +63% | +5,784,000 | $14.9M |
Shake Shack Inc.Bond819047AB7 | Reduced −51% | −6,030,000 | $5.4M |
Jazz Investments I Ltd.Bond472145AH4 | Reduced −37% | −6,100,000 | $14.1M |
Coinbase Global Inc.Bond19260QAF4 | Reduced −19% | −2,500,000 | $10.8M |
Pennymac Corp.Bond70932AAF0 | Added +102% | +5,524,000 | $11M |
Envista Holdings Corp.Bond29415FAD6 | Added +21% | +5,307,000 | $29.6M |
| Sold out | −175,000 | — | |
Mitek Systems Inc.Bond606710AA9 | New | +5,374,000 | $5.3M |
Nutanix Inc.Bond67059NAK4 | New | +5,436,000 | $5.3M |
Unity Software Inc.Bond91332UAB7 | Added +142% | +5,325,000 | $8.8M |
Callaway Golf Co.Bond131193AE4 | Added +116% | +5,150,000 | $9.6M |
Blackstone Mortgage TrustBond09257WAE0 | Added +73% | +5,060,000 | $11.9M |
Penn Entertainment Inc.Bond707569AU3 | New | +4,952,000 | $4.9M |
Aerovironment Inc.Bond008073AA6 | Reduced −11% | −2,000,000 | $17.1M |
Strategy Inc.Bond594972AS0 | New | +5,763,000 | $4.7M |
Bentley SystemsBond08265TAD1 | Added +257% | +4,844,000 | $6.3M |
Bandwidth Inc.Bond05988JAD5 | Added +58% | +5,020,000 | $11.9M |
Verint Systems Inc.Bond92343XAC4 | Sold out | −4,626,000 | — |
Fubotv Inc.Bond35953DAB0 | Sold out | −4,538,000 | — |
Novocure Ltd.Bond67011XAB9 | Sold out | −4,337,000 | — |
Vale Sa-Sp ADRVALE | Reduced −0.5% | −10,000 | $26.4M |
Marriott Vacation WorldwBond57164YAF4 | Added +13% | +4,538,000 | $38.5M |
Vail Resorts Inc.Bond91879QAN9 | Reduced −70% | −4,271,000 | $1.8M |
| Reduced −12% | −67,847 | $101.8M | |
Trip.com Group Ltd.Bond89677QAB3 | Reduced −72% | −3,035,000 | $1.5M |
Upstart Holdings Inc.Bond91680MAB3 | Reduced −37% | −4,244,000 | $7M |
Guardant Health Inc.Bond40131MAB5 | Reduced −88% | −4,092,000 | $599.7K |
Ziff Davis Inc.Bond48123VAE2 | Added +58% | +3,715,000 | $9.9M |
Magnite Inc.Bond55955DAB6 | Added +55% | +3,668,000 | $10.2M |
Tetra Tech Inc.Bond88162GAB9 | Added +28% | +3,384,000 | $16.6M |
Freshpet Inc.Bond358039AB1 | Added +70% | +3,000,000 | $8.6M |
Lci IndustriesBond501812AB7 | Added +55% | +3,521,000 | $9.8M |
Redfin Corp.Bond75737FAE8 | Added +46% | +3,721,000 | $11.1M |
Guess Inc.Bond401617AF2 | Sold out | −3,621,000 | — |
American Water Capital CBond03040WBE4 | New | +3,426,000 | $3.4M |
Ford Motor Co.Bond345370CZ1 | New | +2,900,000 | $3M |
Neogenomics Inc.Bond64049MAB6 | Added +81% | +3,168,000 | $6.3M |
Alarm.com Holdings Inc.Bond011642AB1 | Added +9.9% | +2,441,000 | $27.3M |
CMS Energy Corp.Bond125896BX7 | Reduced −12% | −2,144,000 | $16.3M |
Q2 Holdings Inc.Bond74736LAF6 | Sold out | −2,701,000 | — |
| Reduced −0.9% | −39,709 | $75M | |
Bridgebio Pharma Inc.Bond10806XAB8 | Sold out | −1,850,000 | — |
Cerence Inc.Bond156727AD1 | Added +63% | +2,544,000 | $6M |
Block Inc.Bond852234AK9 | Added +76% | +2,564,000 | $5.5M |
Upwork Inc.Bond91688FAB0 | Added +51% | +2,392,000 | $6.9M |
Nutanix Inc.Bond67059NAH1 | New | +2,000,000 | $2.3M |
Wisdomtree Inc.Bond97717PAH7 | New | +1,850,000 | $2.2M |
Uber Technologies Inc.Bond90353TAM2 | Sold out | −1,503,000 | — |
Sea Ltd.Bond81141RAG5 | Added +4.9% | +1,827,000 | $37.8M |
Dropbox Inc.Bond26210CAC8 | New | +2,175,000 | $2.2M |
Ziff Davis Inc.Bond48123VAH5 | Added +159% | +2,145,000 | $3.4M |
Esperion TherapeuticsBond29664WAB1 | Sold out | −2,114,000 | — |
Enphase Energy Inc.Bond29355AAH0 | Reduced −16% | −2,149,000 | $10.8M |
Cheesecake Factory (The)Bond163072AA9 | New | +1,960,000 | $1.9M |
Repligen Corp.Bond759916AD1 | Added +11% | +1,008,000 | $10.8M |
Redwood Trust Inc.Bond758075AF2 | Added +34% | +1,873,000 | $7.4M |
Blackline Inc.Bond09239BAD1 | New | +1,816,000 | $1.8M |
Fluor Corp.Bond343412AJ1 | Reduced −11% | −1,100,000 | $10.7M |
Snap Inc.Bond83304AAB2 | Added +83% | +1,704,000 | $3.7M |
Celcuity Inc.Bond15102KAA8 | New | +700,000 | $1.5M |
Snap Inc.Bond83304AAH9 | Reduced −12% | −1,917,000 | $12.2M |
Fastly Inc.Bond31188VAD2 | New | +1,353,000 | $1.5M |
Vishay IntertechnologyBond928298AR9 | New | +1,651,000 | $1.5M |
Spotify USA Inc.Bond84921RAB6 | New | +1,300,000 | $1.5M |
Livanova PLCBond53802LAB8 | Added +1.3% | +200,000 | $17.7M |
Teladoc Health Inc.Bond87918AAF2 | Reduced −5.3% | −2,159,000 | $36.7M |
Post Holdings Inc.Bond737446AT1 | Added +104% | +1,350,000 | $2.9M |
Wayfair Inc.Bond94419LAP6 | Sold out | −900,000 | — |
Strategy Inc.Bond594972AL5 | New | +1,300,000 | $1.3M |
Herbalife Ltd.Bond42703MAF0 | Reduced −56% | −1,605,000 | $1.3M |
Wec Energy Group Inc.Bond92939UAR7 | Reduced −3.7% | −457,000 | $14M |
| Reduced −16% | −487,550 | $93.2M | |
Irhythm Holdings Inc.Bond450056AB2 | Sold out | −900,000 | — |
Vertex Inc.Bond92538JAB2 | Reduced −10% | −743,000 | $6.2M |
| Sold out | −56,522 | — | |
Fiverr International Ltd.Bond33835LAA3 | Sold out | −1,049,000 | — |
Affirm Holdings Inc.Bond00827BAD8 | New | +927,000 | $1M |
Tyler Technologies Inc.Bond902252AB1 | New | +1,000,000 | $1M |
Ringcentral Inc.Bond76680RAH0 | New | +984,000 | $974.7K |
Affirm Holdings Inc.Bond00827BAB2 | Added +22% | +934,000 | $5M |
Haemonetics Corp.Bond405024AD2 | New | +902,000 | $938.7K |
Evolent Health Inc.Bond30050BAH4 | Sold out | −1,015,000 | — |
| Reduced −0.9% | −7,454 | $6.2M | |
Peloton Interactive Inc.Bond70614WAB6 | Reduced −59% | −795,000 | $552.7K |
Cable One Inc.Bond12685JAE5 | Added +0.2% | +128,000 | $58.1M |
PPL Capital Funding Inc.Bond69352PAS2 | Reduced −0.4% | −61,000 | $17.2M |
Gladstone Capital Corp.Bond376535AG5 | New | +754,000 | $738.9K |
Fastly Inc.Bond31188VAB6 | Reduced −36% | −491,000 | $850.1K |
Groupon Inc.Bond399473AF4 | Reduced −21% | −508,000 | $1.9M |
Two Harbors Inv Corp.Bond90187BAB7 | Reduced −11% | −426,000 | $3.3M |
| Reduced −14% | −20,765 | $4.8M | |
Ascendis Pharma A/SBond04351PAD3 | Reduced −30% | −300,000 | $994.3K |
Rice Acquisition Corp. 3KRSP/WS | New | +399,999 | $320K |
| Added +14% | +40,000 | $124.1M | |
| Reduced −0.1% | −3,911 | $3.4M | |
Tpi Composites Inc.87266J104 | Sold out | −4,610,003 | — |
Digitalocean HoldingsBond25402DAB8 | Reduced −7.4% | −151,000 | $1.8M |
Conmed Corp.Bond207410AH4 | Reduced −0.5% | −189,000 | $38.7M |
Bill Holdings Inc.Bond090043AD2 | Reduced −1.5% | −51,000 | $3.1M |
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 |