Oaktree Fund Advisors, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Oaktree Fund Advisors, LLC reported 23 stock positions worth $87.7 million. Its top holding was iShares MSCI India ETF (INDA) at 14.3% of the portfolio, followed by Anglogold Ashanti (AU, 11.9%) and Freeport-McMoran (FCX, 9.6%). Compared with Q2 2024, it opened 7 new positions, sold out of 1, added to 3 and reduced 12. The biggest buy was iShares MSCI India ETF (INDA, shares +37%) and the biggest sale Vale SA-SP ADR (VALE, shares −61%).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGLES, CA
- CIK
- 0001822973
- Portfolio Value
- $87.7M (Q3 2024)
- SEC Filing
- 0000949509-24-000010 ↗ filed Nov 14, 2024
Holdings Value
Holdings 23 stocks · $87.7M
| INDA iShares MSCI India ETF | 14.26% | 213,502 | $12.5M | Add +37.1% |
| AU Anglogold Ashanti PLC | 11.87% | 390,774 | $10.4M | Reduce -42.8% |
| FCX Freeport-McMoran Inc. | 9.59% | 168,350 | $8.4M | Reduce -34.9% |
| JD Jd.com Inc.-ADR | 6.29% | 137,889 | $5.5M | Reduce -58.0% |
| VALE Vale SA-SP ADR | 5.87% | 440,299 | $5.1M | Reduce -61.3% |
| HDB HDFC Bank Ltd.-ADR | 5.57% | 78,064 | $4.9M | Add +2.9% |
| ITUB Itau Unibanco H-Spon PRF ADR | 4.68% | 616,412 | $4.1M | Reduce -14.1% |
| PBR Petroleo Brasileiro-Spon ADR | 4.60% | 279,979 | $4.0M | Reduce -41.2% |
| TCOM Trip.com Group Ltd.-ADR | 3.87% | 57,100 | $3.4M | Reduce -11.8% |
| YUMC Yum China Holdings Inc. | 3.69% | 71,808 | $3.2M | New |
| HTHT H World Group Ltd.-ADR | 3.52% | 82,890 | $3.1M | Reduce -41.0% |
| INFY Infosys Ltd.-SP ADR | 3.16% | 124,325 | $2.8M | New |
| PDD PDD Holdings Inc. | 3.08% | 20,031 | $2.7M | New |
| BBD Banco Bradesco-ADR | 3.06% | 1,008,843 | $2.7M | Reduce -72.9% |
| BZ Kanzhun Ltd. - ADR | 2.96% | 149,510 | $2.6M | New |
| JOYY Joyy Inc.-ADR | 2.76% | 66,681 | $2.4M | Reduce -10.3% |
| TX Ternium SA-Sponsored ADR | 2.49% | 59,229 | $2.2M | Reduce -41.3% |
| BABA Alibaba Group Holding-SP ADR | 2.00% | 16,535 | $1.8M | Add +17.0% |
| NTES Netease Inc.-ADR | 1.84% | 17,217 | $1.6M | New |
| ALVO Alvotech SA | 1.61% | 118,744 | $1.4M | No change |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 1.49% | 61,602 | $1.3M | Reduce -63.3% |
| DQ Daqo New Energy Corp.-ADR | 0.97% | 41,607 | $848K | New |
| XP XP Inc. Class A | 0.77% | 37,807 | $678K | New |
Other holdings (25): bonds, preferreds, convertibles and warrants · $972K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | 235,000 | $206K | New |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 175,000 | $161K | Reduce -12.9% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 86,000 | $79K | Add +437.5% |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 34,000 | $38K | No change |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 31,000 | $34K | No change |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 38,000 | $31K | No change |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 26,000 | $30K | Add +136.4% |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 23,000 | $28K | New |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 24,000 | $28K | Add +41.2% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 22,000 | $26K | New |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 31,000 | $25K | No change |
| H WORLD GROUP LTD (HTHT 3 05/01/26) | NOTE 3.000% 5/0 · principal | 21,000 | $25K | No change |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 25,000 | $24K | New |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | 22,000 | $24K | New |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 25,000 | $23K | Reduce -50.0% |
| FIRST MAJESTIC SILVER (AGCN 0.375 01/15/27) | NOTE 0.375% 1/1 · principal | 26,000 | $23K | No change |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 19,000 | $23K | Add +18.8% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 21,000 | $22K | Add +10.5% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 20,000 | $22K | New |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 19,000 | $20K | New |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 15,000 | $20K | New |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | 20,000 | $18K | No change |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 16,000 | $16K | Reduce -20.0% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 12,000 | $15K | Reduce -29.4% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 12,000 | $12K | Reduce -65.7% |
Total filed on the 13F, all lines: $88.6M.
Portfolio Sells Q2 2024 → Q3 2024
| VALE Vale SA-SP ADR | Reduce -61.3% | 5.87% | −6.15 |
| BBD Banco Bradesco-ADR | Reduce -72.9% | 3.06% | −4.83 |
| AU Anglogold Ashanti PLC | Reduce -42.8% | 11.87% | −4.38 |
| FCX Freeport-McMoran Inc. | Reduce -34.9% | 9.59% | −2.31 |
| GGB Gerdau SA -Spon ADR | Sold out | 0.00% | −2.03 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -41.2% | 4.60% | −1.93 |
| JD Jd.com Inc.-ADR | Reduce -58.0% | 6.29% | −1.73 |
| YPF YPF S.A.-Sponsored ADR | Reduce -63.3% | 1.49% | −1.71 |
| TX Ternium SA-Sponsored ADR | Reduce -41.3% | 2.49% | −1.09 |
| HTHT H World Group Ltd.-ADR | Reduce -41.0% | 3.52% | −0.91 |
| JOYY Joyy Inc.-ADR | Reduce -10.3% | 2.76% | +0.64 |
| ITUB Itau Unibanco H-Spon PRF ADR | Reduce -14.1% | 4.68% | +0.71 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -11.8% | 3.87% | +0.99 |
Portfolio Buys Q2 2024 → Q3 2024
| INDA iShares MSCI India ETF | Add +37.1% | 14.26% | +6.04 |
| YUMC Yum China Holdings Inc. | New | 3.69% | +3.69 |
| INFY Infosys Ltd.-SP ADR | New | 3.16% | +3.16 |
| PDD PDD Holdings Inc. | New | 3.08% | +3.08 |
| BZ Kanzhun Ltd. - ADR | New | 2.96% | +2.96 |
| NTES Netease Inc.-ADR | New | 1.84% | +1.84 |
| BABA Alibaba Group Holding-SP ADR | Add +17.0% | 2.00% | +1.04 |
| DQ Daqo New Energy Corp.-ADR | New | 0.97% | +0.97 |
| HDB HDFC Bank Ltd.-ADR | Add +2.9% | 5.57% | +0.95 |
| XP XP Inc. Class A | New | 0.77% | +0.77 |
Notes & Other Activity Q2 2024 → Q3 2024
| ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) | NOTE 0.250% 6/1 · principal | New | 235,000 | $206K |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | Reduce -12.9% | 175,000 | $161K |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Add +437.5% | 86,000 | $79K |
| UNITY SOFTWARE INC (U 0 11/15/26) | NOTE 11/1 · principal | Sold out | 61,000 | $53Kbefore exit |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Sold out | 50,000 | $44Kbefore exit |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Sold out | 37,000 | $35Kbefore exit |
| ENVESTNET INC (ENV 2.625 12/01/27) | NOTE 2.625%12/0 · principal | Sold out | 30,000 | $32Kbefore exit |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Add +136.4% | 26,000 | $30K |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | New | 23,000 | $28K |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Add +41.2% | 24,000 | $28K |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | New | 22,000 | $26K |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | New | 25,000 | $24K |
| ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) | NOTE 1.500% 9/0 · principal | New | 22,000 | $24K |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | Reduce -50.0% | 25,000 | $23K |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Add +18.8% | 19,000 | $23K |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Add +10.5% | 21,000 | $22K |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | New | 20,000 | $22K |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | New | 19,000 | $20K |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | New | 15,000 | $20K |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | Sold out | 18,000 | $16Kbefore exit |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Reduce -20.0% | 16,000 | $16K |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Sold out | 16,000 | $16Kbefore exit |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | Sold out | 12,000 | $15Kbefore exit |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Reduce -29.4% | 12,000 | $15K |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | Sold out | 11,000 | $13Kbefore exit |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Reduce -65.7% | 12,000 | $12K |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | Sold out | 12,000 | $11Kbefore exit |
| INSMED INC (INSM 0.75 06/01/28) | NOTE 0.750% 6/0 · principal | Sold out | 5,000 | $11Kbefore exit |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | Sold out | 12,000 | $10Kbefore exit |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Sold out | 10,000 | $9Kbefore 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 |