Oaktree Fund Advisors, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Oaktree Fund Advisors, LLC reported 19 stock positions worth $110.2 million. Its top holding was Freeport-McMoran (FCX) at 13.4% of the portfolio, followed by Anglogold Ashanti (AU, 12.5%) and Vale SA-SP ADR (VALE, 11.3%). Compared with Q4 2023, it opened 5 new positions, sold out of 2, added to 11 and reduced 3. The biggest buy was a new position in Baidu Inc. - Spon ADR (BIDU) and the biggest sale an exit from Infosys Ltd.-SP ADR (INFY).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGLES, CA
- CIK
- 0001822973
- Portfolio Value
- $110.2M (Q1 2024)
- SEC Filing
- 0000949509-24-000005 ↗ filed May 14, 2024
Holdings Value
Holdings 19 stocks · $110.2M
| FCX Freeport-McMoran Inc. | 13.42% | 314,508 | $14.8M | Add +2.4% |
| AU Anglogold Ashanti PLC | 12.46% | 618,611 | $13.7M | Add +2.4% |
| VALE Vale SA-SP ADR | 11.29% | 1,020,640 | $12.4M | Add +12.3% |
| BBD Banco Bradesco-ADR | 9.57% | 3,689,500 | $10.6M | Add +2.5% |
| PBR Petroleo Brasileiro-Spon ADR | 7.34% | 532,192 | $8.1M | Add +7.6% |
| IBN Icici Bank Ltd.-Spon ADR | 6.85% | 286,033 | $7.6M | Reduce -6.1% |
| JD Jd.com Inc.-ADR | 6.00% | 241,593 | $6.6M | Add +2.4% |
| ITUB Itau Unibanco H-Spon PRF ADR | 5.81% | 923,933 | $6.4M | Add +2.5% |
| HTHT H World Group Ltd.-ADR | 4.59% | 130,654 | $5.1M | Add +11.6% |
| BIDU Baidu Inc. - Spon ADR | 4.28% | 44,799 | $4.7M | New |
| TX Ternium SA-Sponsored ADR | 3.91% | 103,486 | $4.3M | Add +2.5% |
| HDB HDFC Bank Ltd.-ADR | 3.24% | 63,844 | $3.6M | Add +73.4% |
| LI Li Auto Inc. - ADR | 2.88% | 104,829 | $3.2M | New |
| YUMC Yum China Holdings Inc. | 1.87% | 51,826 | $2.1M | New |
| JOYY Joyy Inc.-ADR | 1.84% | 65,993 | $2.0M | New |
| ALVO Alvotech SA | 1.51% | 136,051 | $1.7M | Reduce -74.0% |
| INDA iShares MSCI India ETF | 1.17% | 24,943 | $1.3M | Reduce -48.0% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 1.06% | 59,087 | $1.2M | New |
| BABA Alibaba Group Holding-SP ADR | 0.90% | 13,780 | $997K | Add +2.4% |
Other holdings (40): bonds, preferreds, convertibles and warrants · $1.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 201,000 | $176K | Reduce -9.9% |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 73,000 | $67K | Reduce -1.4% |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 61,000 | $52K | Reduce -26.5% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 50,000 | $46K | Reduce -2.0% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 50,000 | $43K | Reduce -3.9% |
| PERFICIENT INC (PRFT 0.125 11/15/26) | NOTE 0.125%11/1 · principal | 49,000 | $42K | No change |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 46,000 | $42K | No change |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 37,000 | $35K | No change |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 31,000 | $32K | No change |
| ENVESTNET INC (ENV 2.625 12/01/27) | NOTE 2.625%12/0 · principal | 30,000 | $32K | No change |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 33,000 | $31K | Reduce -69.2% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 25,000 | $31K | Reduce -51.9% |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 32,000 | $29K | Reduce -38.5% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 24,000 | $29K | New |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 29,000 | $27K | New |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 25,000 | $26K | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 24,000 | $25K | Add +118.2% |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 27,000 | $25K | Reduce -42.5% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 31,000 | $24K | Reduce -41.5% |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 25,000 | $23K | No change |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 23,000 | $20K | New |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 19,000 | $20K | New |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | 12,000 | $20K | Reduce -45.5% |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | 24,000 | $19K | Add +41.2% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 18,000 | $18K | New |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 15,000 | $17K | New |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 16,000 | $17K | New |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 16,000 | $15K | New |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 16,000 | $14K | Add +14.3% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 15,000 | $14K | New |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 12,000 | $13K | New |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 14,000 | $13K | New |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 11,000 | $13K | New |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 11,000 | $11K | New |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 12,000 | $11K | New |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 10,000 | $11K | No change |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 10,000 | $10K | New |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 11,000 | $10K | New |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 12,000 | $10K | New |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 10,000 | $9K | No change |
Total filed on the 13F, all lines: $111.3M.
Portfolio Sells Q4 2023 → Q1 2024
Portfolio Buys Q4 2023 → Q1 2024
| BIDU Baidu Inc. - Spon ADR | New | 4.28% | +4.28 |
| LI Li Auto Inc. - ADR | New | 2.88% | +2.88 |
| AU Anglogold Ashanti PLC | Add +2.4% | 12.46% | +2.23 |
| YUMC Yum China Holdings Inc. | New | 1.87% | +1.87 |
| JOYY Joyy Inc.-ADR | New | 1.84% | +1.84 |
| FCX Freeport-McMoran Inc. | Add +2.4% | 13.42% | +1.56 |
| YPF YPF S.A.-Sponsored ADR | New | 1.06% | +1.06 |
| HTHT H World Group Ltd.-ADR | Add +11.6% | 4.59% | +1.04 |
| HDB HDFC Bank Ltd.-ADR | Add +73.4% | 3.24% | +1.00 |
| PBR Petroleo Brasileiro-Spon ADR | Add +7.6% | 7.34% | +0.18 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +2.5% | 5.81% | +0.13 |
| TX Ternium SA-Sponsored ADR | Add +2.5% | 3.91% | +0.02 |
| BABA Alibaba Group Holding-SP ADR | Add +2.4% | 0.90% | −0.04 |
| JD Jd.com Inc.-ADR | Add +2.4% | 6.00% | −0.17 |
| VALE Vale SA-SP ADR | Add +12.3% | 11.29% | −1.78 |
| BBD Banco Bradesco-ADR | Add +2.5% | 9.57% | −1.85 |
Notes & Other Activity Q4 2023 → Q1 2024
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | Reduce -9.9% | 201,000 | $176K |
| DISH NETWORK CORP (DISH 0 12/15/25) | NOTE 12/1 · principal | Sold out | 110,000 | $69Kbefore exit |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Reduce -1.4% | 73,000 | $67K |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | Reduce -26.5% | 61,000 | $52K |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | Reduce -2.0% | 50,000 | $46K |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Reduce -3.9% | 50,000 | $43K |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Reduce -69.2% | 33,000 | $31K |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Reduce -51.9% | 25,000 | $31K |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Reduce -38.5% | 32,000 | $29K |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | New | 24,000 | $29K |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | New | 29,000 | $27K |
| NUVASIVE INC (GMED 0.375 03/15/25) | NOTE 0.375% 3/1 · principal | Sold out | 28,000 | $26Kbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Add +118.2% | 24,000 | $25K |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | Reduce -42.5% | 27,000 | $25K |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | Reduce -41.5% | 31,000 | $24K |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | New | 23,000 | $20K |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | New | 19,000 | $20K |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | Reduce -45.5% | 12,000 | $20K |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | Add +41.2% | 24,000 | $19K |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | New | 18,000 | $18K |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | New | 15,000 | $17K |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | New | 16,000 | $17K |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | New | 16,000 | $15K |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Add +14.3% | 16,000 | $14K |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | New | 15,000 | $14K |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | New | 12,000 | $13K |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | New | 14,000 | $13K |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | New | 11,000 | $13K |
| BIOMARIN PHARMACEUTICAL (BMRN 0.599 08/01/24) | NOTE 0.599% 8/0 · principal | Sold out | 12,000 | $12Kbefore exit |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | New | 11,000 | $11K |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | New | 12,000 | $11K |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | New | 10,000 | $10K |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | New | 11,000 | $10K |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | New | 12,000 | $10K |
| SEA LTD (SEALTD 2.375 12/01/25) | NOTE 2.375%12/0 · principal | Sold out | 10,000 | $10Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 13 | $57.7M | AU, B, ITUB, YPF, FCX |
| Q1 2026Amended | 12 | $56.5M | AU, PBR, B, ITUB, YPF |
| Q4 2025 | 14 | $53.4M | AU, B, ITUB, HDB, NU |
| Q3 2025 | 15 | $53.8M | AU, B, ITUB, HDB, GRAB |
| Q2 2025 | 16 | $56.6M | INDA, AU, HDB, FCX, ITUB |
| Q1 2025 | 21 | $67.7M | INDA, AU, FCX, HDB, B |
| Q4 2024 | 20 | $58.4M | INDA, AU, HDB, FCX, JD |
| Q3 2024 | 23 | $87.7M | INDA, AU, FCX, JD, VALE |
| Q2 2024 | 17 | $105.7M | AU, VALE, FCX, INDA, JD |
| Q1 2024 | 19 | $110.2M | FCX, AU, VALE, BBD, PBR |