Oaktree Fund Advisors, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Oaktree Fund Advisors, LLC reported 13 stock positions worth $57.7 million. Its top holding was Anglogold Ashanti (AU) at 23.6% of the portfolio, followed by Barrick Mining (B, 15.4%) and Itau Unibanco H-Spon PRF ADR (ITUB, 11.8%). Compared with Q1 2026, it opened 3 new positions, sold out of 2, added to 9 and reduced 1. The biggest buy was a new position in Sea Ltd.-ADR (SE) and the biggest sale an exit from Petroleo Brasileiro-Spon ADR (PBR).

Most Recent 13F
Q2 2026
Location
LOS ANGLES, CA
CIK
0001822973
Portfolio Value
$57.7M (Q2 2026)
SEC Filing
0001822973-26-000004 ↗ filed Aug 14, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $110.2M Q1 2024 Q2 2024: $105.7M Q2 2024 Q3 2024: $87.7M Q3 2024 Q4 2024: $58.4M Q4 2024 Q1 2025: $67.7M Q1 2025 Q2 2025: $56.6M Q2 2025 Q3 2025: $53.8M Q3 2025 Q4 2025: $53.4M Q4 2025 Q1 2026: $56.5M Q1 2026 Q2 2026: $57.7M $57.7M Q2 2026

Holdings 13 stocks · $57.7M
AU Anglogold Ashanti PLC 23.61% 168,575 $13.6M Add +9.9%
B Barrick Mining Corp. 15.43% 242,600 $8.9M Add +36.1%
ITUB Itau Unibanco H-Spon PRF ADR 11.85% 837,352 $6.8M Add +9.9%
YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA 9.99% 126,862 $5.8M Add +16.8%
FCX Freeport-McMoran Inc. 8.97% 82,395 $5.2M Add +9.9%
SE Sea Ltd.-ADR 7.01% 42,230 $4.0M New
MMYT Makemytrip Ltd. 6.23% 67,547 $3.6M New
XP XP Inc. Class A 6.18% 219,319 $3.6M Add +9.9%
EMBJ Embraer SA-Spon ADR 3.41% 30,856 $2.0M Add +10.0%
NNBR NN Inc. 3.13% 503,960 $1.8M New
TX Ternium SA-Sponsored ADR 3.10% 41,886 $1.8M Add +9.7%
BTAIQ Bioxcel Therapeutics Inc. 0.60% 245,585 $346K Add +472.3%
ALVO Alvotech SA 0.49% 76,023 $281K Reduce -65.1%
Other holdings (1): bonds, preferreds, convertibles and warrants · $62K (not counted above)
SecurityClassShares / PrincipalValueChange
PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) NOTE 1.750%12/1 · principal 62,000$62KNo change

Total filed on the 13F, all lines: $57.8M.

Portfolio Sells Q1 2026 → Q2 2026
PBR Petroleo Brasileiro-Spon ADR Sold out 0.00% −14.15
HDB HDFC Bank Ltd.-ADR Sold out 0.00% −5.57
ALVO Alvotech SA Reduce -65.1% 0.49% +0.02

Portfolio Buys Q1 2026 → Q2 2026
SE Sea Ltd.-ADR New 7.01% +7.01
MMYT Makemytrip Ltd. New 6.23% +6.23
NNBR NN Inc. New 3.13% +3.13
B Barrick Mining Corp. Add +36.1% 15.43% +2.56
FCX Freeport-McMoran Inc. Add +9.9% 8.97% +1.17
YPF YPF S.A.-Sponsored ADR Add +16.8% 9.99% +1.10
ITUB Itau Unibanco H-Spon PRF ADR Add +9.9% 11.85% +0.54
BTAIQ Bioxcel Therapeutics Inc. Add +472.3% 0.60% +0.50
EMBJ Embraer SA-Spon ADR Add +10.0% 3.41% +0.46
TX Ternium SA-Sponsored ADR Add +9.7% 3.10% +0.38
XP XP Inc. Class A Add +9.9% 6.18% −0.55
AU Anglogold Ashanti PLC Add +9.9% 23.61% −2.83

Notes & Other Activity Q1 2026 → Q2 2026
JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) CONVERTIBLE BOND · principal Sold out 395,000 $394Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 13$57.7MAU, B, ITUB, YPF, FCX
Q1 2026Amended 12$56.5MAU, PBR, B, ITUB, YPF
Q4 2025 14$53.4MAU, B, ITUB, HDB, NU
Q3 2025 15$53.8MAU, B, ITUB, HDB, GRAB
Q2 2025 16$56.6MINDA, AU, HDB, FCX, ITUB
Q1 2025 21$67.7MINDA, AU, FCX, HDB, B
Q4 2024 20$58.4MINDA, AU, HDB, FCX, JD
Q3 2024 23$87.7MINDA, AU, FCX, JD, VALE
Q2 2024 17$105.7MAU, VALE, FCX, INDA, JD
Q1 2024 19$110.2MFCX, AU, VALE, BBD, PBR