Howard Marks Portfolio (2024 Q2) - Oaktree Capital Management Holdings 13F (2024)

FAQs

How much of Oaktree does Howard Marks own? ›

Howard Marks reportedly owns a 7.5% stake in Oaktree. Brookfield Asset Management has owned a controlling stake in Oaktree since 2019.

Oaktree Capital Management Lp's top holdings are TORM plc (US:TRMD) , Chesapeake Energy Corporation (US:CHK) , Garrett Motion Inc. (US:GTX) , SPDR S&P 500 ETF Trust (US:SPY) , and Sitio Royalties Corp. (US:STR) .

Howard Stanley Marks (born 1946) is an American investor and writer. He is the co-founder and co-chairman of Oaktree Capital Management, the largest investor in distressed securities worldwide. In 2022, with a net worth of $2.2 billion, Marks was ranked No. 1365 on the Forbes list of billionaires.

Oaktree earns an Above Average Parent Pillar rating because of its ability to stand out in an increasingly competitive field. The longevity of the firm's product lineup has been impressive, demonstrated by a 10-year success ratio of 65%.

Brookfield will acquire a 62% stake in Oaktree in a cash and stock deal worth roughly $4.7 billion, the companies said Wednesday in a statement. The combined companies will have about $475 billion of assets under management and $2.5 billion of annual fee-related revenue.

How much does an Oaktree Capital make? As of Sep 8, 2024, the average hourly pay for an Oaktree Capital in the United States is $20.75 an hour.

2.4 billion USD (2024)

Bruce Karsh / Net worth

What funds does Howard Marks manage? ›

Buffett currently resides in Decatur, Illinois, from where he oversees a 1,500-acre (6.1 km²) family farm in Pana, Illinois, and three foundation-operated research farms, including over 1,500 acres in Arizona, and 9,200 acres in South Africa. He is an advocate of no-till conservation agriculture.

Howard Marks is the cofounder and co-chairman of Oaktree Capital Management, a Los Angeles-based distressed debt investor.

Meet Oaktree's New Co-CEOs: Armen Panossian and Robert O'Leary.

Since the formation of Oaktree in 1995, Mr. Marks has been responsible for ensuring the firm's adherence to its core investment philosophy; communicating closely with clients concerning products and strategies; and contributing his experience to big-picture decisions relating to investments and corporate direction.

In 2019, Brookfield Asset Management acquired a majority interest in Oaktree.

Founded and established by Ray Scott in 1989, Oaktree Funding Corporation is a multi-state licensed Mortgage Banker offering a wide variety of home loan products and services. Oaktree Funding is currently approved with several government agencies allowing for an even further breadth of product availability.

Brookfield Corporation

Oaktree Capital Manageme...