Oaktree Fund Advisors, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Oaktree Fund Advisors, LLC reported 17 stock positions worth $105.7 million. Its top holding was Anglogold Ashanti (AU) at 16.3% of the portfolio, followed by Vale SA-SP ADR (VALE, 12.0%) and Freeport-McMoran (FCX, 11.9%). Compared with Q1 2024, it opened 2 new positions, sold out of 4, added to 10 and reduced 5. The biggest buy was iShares MSCI India ETF (INDA, shares +524%) and the biggest sale an exit from Icici Bank Ltd.-Spon ADR (IBN).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGLES, CA
- CIK
- 0001822973
- Portfolio Value
- $105.7M (Q2 2024)
- SEC Filing
- 0001822973-24-000002 ↗ filed Aug 13, 2024
Holdings Value
Holdings 17 stocks · $105.7M
| AU Anglogold Ashanti PLC | 16.26% | 683,604 | $17.2M | Add +10.5% |
| VALE Vale SA-SP ADR | 12.02% | 1,137,196 | $12.7M | Add +11.4% |
| FCX Freeport-McMoran Inc. | 11.90% | 258,752 | $12.6M | Reduce -17.7% |
| INDA iShares MSCI India ETF | 8.22% | 155,684 | $8.7M | Add +524.2% |
| JD Jd.com Inc.-ADR | 8.02% | 328,166 | $8.5M | Add +35.8% |
| BBD Banco Bradesco-ADR | 7.89% | 3,724,611 | $8.3M | Add +0.9% |
| PBR Petroleo Brasileiro-Spon ADR | 6.53% | 476,414 | $6.9M | Reduce -10.5% |
| HDB HDFC Bank Ltd.-ADR | 4.62% | 75,870 | $4.9M | Add +18.8% |
| HTHT H World Group Ltd.-ADR | 4.43% | 140,534 | $4.7M | Add +7.6% |
| ITUB Itau Unibanco H-Spon PRF ADR | 3.97% | 717,753 | $4.2M | Reduce -22.3% |
| TX Ternium SA-Sponsored ADR | 3.59% | 100,947 | $3.8M | Reduce -2.5% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 3.20% | 167,902 | $3.4M | Add +184.2% |
| TCOM Trip.com Group Ltd.-ADR | 2.88% | 64,737 | $3.0M | New |
| JOYY Joyy Inc.-ADR | 2.12% | 74,329 | $2.2M | Add +12.6% |
| GGB Gerdau SA -Spon ADR | 2.03% | 650,885 | $2.1M | New |
| ALVO Alvotech SA | 1.37% | 118,744 | $1.4M | Reduce -12.7% |
| BABA Alibaba Group Holding-SP ADR | 0.96% | 14,130 | $1.0M | Add +2.5% |
Other holdings (29): bonds, preferreds, convertibles and warrants · $826K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 201,000 | $177K | No change |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | 61,000 | $53K | No change |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 50,000 | $44K | No change |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 50,000 | $44K | No change |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 35,000 | $35K | Add +12.9% |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 37,000 | $35K | No change |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 34,000 | $35K | New |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 31,000 | $33K | Add +24.0% |
| ENVESTNET INC (ENV 2.625 12/01/27) | NOTE 2.625%12/0 · principal | 30,000 | $32K | No change |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 38,000 | $29K | New |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 31,000 | $24K | No change |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 21,000 | $22K | Add +40.0% |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | 26,000 | $22K | Add +8.3% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 20,000 | $19K | Add +11.1% |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 17,000 | $19K | Add +54.5% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 17,000 | $19K | Reduce -29.2% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 16,000 | $19K | Reduce -36.0% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 19,000 | $18K | Reduce -20.8% |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 20,000 | $18K | Reduce -13.0% |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | 18,000 | $16K | Reduce -37.9% |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 16,000 | $16K | No change |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 12,000 | $15K | No change |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 16,000 | $14K | No change |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 11,000 | $14K | New |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 11,000 | $13K | New |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 12,000 | $11K | Add +20.0% |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | 5,000 | $11K | New |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 12,000 | $10K | No change |
| 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: $106.5M.
Portfolio Sells Q1 2024 → Q2 2024
| IBN Icici Bank Ltd.-Spon ADR | Sold out | 0.00% | −6.85 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −4.28 |
| LI Li Auto Inc. - ADR | Sold out | 0.00% | −2.88 |
| YUMC Yum China Holdings Inc. | Sold out | 0.00% | −1.87 |
| ITUB Itau Unibanco H-Spon PRF ADR | Reduce -22.3% | 3.97% | −1.84 |
| FCX Freeport-McMoran Inc. | Reduce -17.7% | 11.90% | −1.52 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -10.5% | 6.53% | −0.81 |
| TX Ternium SA-Sponsored ADR | Reduce -2.5% | 3.59% | −0.32 |
| ALVO Alvotech SA | Reduce -12.7% | 1.37% | −0.14 |
Portfolio Buys Q1 2024 → Q2 2024
| INDA iShares MSCI India ETF | Add +524.2% | 8.22% | +7.05 |
| AU Anglogold Ashanti PLC | Add +10.5% | 16.26% | +3.80 |
| TCOM Trip.com Group Ltd.-ADR | New | 2.88% | +2.88 |
| YPF YPF S.A.-Sponsored ADR | Add +184.2% | 3.20% | +2.14 |
| GGB Gerdau SA -Spon ADR | New | 2.03% | +2.03 |
| JD Jd.com Inc.-ADR | Add +35.8% | 8.02% | +2.02 |
| HDB HDFC Bank Ltd.-ADR | Add +18.8% | 4.62% | +1.38 |
| VALE Vale SA-SP ADR | Add +11.4% | 12.02% | +0.73 |
| JOYY Joyy Inc.-ADR | Add +12.6% | 2.12% | +0.28 |
| BABA Alibaba Group Holding-SP ADR | Add +2.5% | 0.96% | +0.06 |
| HTHT H World Group Ltd.-ADR | Add +7.6% | 4.43% | −0.16 |
| BBD Banco Bradesco-ADR | Add +0.9% | 7.89% | −1.68 |
Notes & Other Activity Q1 2024 → Q2 2024
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 73,000 | $67Kbefore exit |
| PERFICIENT INC (PRFT 0.125 11/15/26) | NOTE 0.125%11/1 · principal | Sold out | 49,000 | $42Kbefore exit |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | Sold out | 46,000 | $42Kbefore exit |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Add +12.9% | 35,000 | $35K |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | New | 34,000 | $35K |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Add +24.0% | 31,000 | $33K |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Sold out | 33,000 | $31Kbefore exit |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | New | 38,000 | $29K |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Sold out | 32,000 | $29Kbefore exit |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | Sold out | 27,000 | $25Kbefore exit |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | Sold out | 25,000 | $23Kbefore exit |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | Add +40.0% | 21,000 | $22K |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | Add +8.3% | 26,000 | $22K |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | Sold out | 19,000 | $20Kbefore exit |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | Sold out | 12,000 | $20Kbefore exit |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Add +11.1% | 20,000 | $19K |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Add +54.5% | 17,000 | $19K |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Reduce -29.2% | 17,000 | $19K |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Reduce -36.0% | 16,000 | $19K |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Reduce -20.8% | 19,000 | $18K |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | Reduce -13.0% | 20,000 | $18K |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | Reduce -37.9% | 18,000 | $16K |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Sold out | 16,000 | $15Kbefore exit |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | New | 11,000 | $14K |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | Sold out | 15,000 | $14Kbefore exit |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | New | 11,000 | $13K |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Sold out | 14,000 | $13Kbefore exit |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | Sold out | 11,000 | $11Kbefore exit |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | Sold out | 12,000 | $11Kbefore exit |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | Add +20.0% | 12,000 | $11K |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Sold out | 10,000 | $11Kbefore exit |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | New | 5,000 | $11K |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Sold out | 11,000 | $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 |