Howard Marks · quarter digest

What Howard Marks did in Q1 2024

Oaktree Capital filed 1 moves in Q1 2024: 1 new, 0 add, 0 trim, 0 exit.

13F filed 2024-05-15. Manager quality score: q9. Philosophy: You can't predict, you can prepare. Second-level thinking.

New positions · 1

Fresh money

NEW·10.0% book·+21

“First Torm shipping position.”

Current top holdings

#	Ticker	Weight	Conviction
1	TRMD Torm plc	14.8%	+21
2	VST Vistra Corp	11.2%	+22
3	GRBK Green Brick Partners	9.4%	+22
4	PR Permian Resources	7.6%	+6
5	WMB Williams Companies	6.3%	0
6	STR Sitio Royalties	5.1%	+5

Not investment advice. Data from 13F filings with HoldLens parsing. Methodology.