Howard Marks · quarter digest

What Howard Marks did in Q3 2024

Oaktree Capital filed 2 moves in Q3 2024: 1 new, 1 add, 0 trim, 0 exit.

13F filed 2024-11-14. Manager quality score: q9. Philosophy: You can't predict, you can prepare. Second-level thinking.

New positions · 1

Fresh money

NEW·5.2% book·+1

“First Vistra — same quarter as Klarman.”

Adds · 1

ADD +6%·12.5% book·+14

“Building Torm.”

Current top holdings

#	Ticker	Weight	Conviction
1	TRMD Torm plc	14.8%	+14
2	VST Vistra Corp	11.2%	+1
3	GRBK Green Brick Partners	9.4%	+14
4	PR Permian Resources	7.6%	0
5	WMB Williams Companies	6.3%	−2
6	STR Sitio Royalties	5.1%	−2

Other quarters for Howard Marks

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