SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Oaktree Fund Advisors, LLC

CIK 0001822973 · C/O OAKTREE CAPITAL MANAGEMENT, L.P, 333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGLES, CA, 90071 · 2138306300

Reported Value
$54M
Q4 2025
Positions
17
Filings on Record
22
2021–present window
Filed
Feb 17, 2026
original filing

Summary

Oaktree Fund Advisors, LLC reported $54M in U.S.-listed holdings across 17 positions for Q4 2025.

The portfolio is heavily concentrated: AU alone accounts for 25.6% of reported value.

Compared with Q3 2025, the fund opened 1 new position and exited 2.

Portfolio Metrics

Turnover
+9.2%
vs prior filed quarter
Top-10 Concentration
+93.2%
share of reported value
Largest Position
+25.6%
Anglogold Ashanti
New / Exited
1 / 2
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q2 ’21: $1MQ2 ’21Q3 ’21: $1MQ4 ’21: $49MQ1 ’22: $61MQ1 ’22Q2 ’22: $57MQ3 ’22: $64MQ4 ’22: $67MQ4 ’22Q1 ’23: $106MQ2 ’23: $118MQ3 ’23: $100MQ3 ’23Q4 ’23: $111MQ1 ’24: $111MQ2 ’24: $107MQ2 ’24Q3 ’24: $89MQ4 ’24: $60MQ1 ’25: $69MQ1 ’25Q2 ’25: $58MQ3 ’25: $54MQ4 ’25: $54MQ4 ’25Q1 ’26: $57Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 66.9%ADR: 31.3%US DOMESTIC: 1.1%Other: 0.7%
  • Common Stock · 66.9% · $36M
  • ADR · 31.3% · $17M
  • US DOMESTIC · 1.1% · $621,279
  • Other · 0.7% · $397,079

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INFYINFOSYS LTDNEW+61.0K61.0K+$1M$1M
SESEA LTDSOLD OUT−8.1K0−$1M$0
JBS NVSOLD OUT−88.3K0−$1M$0
ALVOTECH SAADDED+70.8K146.8K−$225,549$397,079
JETBLUE AIRWAYS CORPADDED+165.0K395.0K+$163,937$388,482
XPXP INCADDED+70.1K187.1K+$865,343$3M
TXTERNIUM SATRIMMED−12.6K38.9K−$304,546$1M
AUANGLOGOLD ASHANTI PLCTRIMMED−32.6K162.5K+$138,960$14M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

17 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AUANGLOGOLD ASHANTI PLChistory →COMMON STOCK25.64%$14M162.5K
2BBARRICK MINING CORPhistory →COMMON STOCK14.63%$8M181.5K
3ITUBITAU UNIBANCO HOLDING SAhistory →COMMON STOCK10.28%$6M775.9K
4HDBHDFC BANK LTDhistory →COMMON STOCK8.71%$5M128.9K
5NUNU HOLDINGS LTD/CAYMAN ISLANDShistory →COMMON STOCK7.52%$4M242.8K
6FCXFREEPORT-MCMORAN INChistory →COMMON STOCK7.18%$4M76.4K
7GRABGRAB HOLDINGS LTDhistory →COMMON STOCK6.09%$3M659.7K
8XPXP INChistory →COMMON STOCK5.67%$3M187.1K
9YMMFULL TRUCK ALLIANCE CO LTDhistory →COMMON STOCK4.15%$2M209.1K
10BZKANZHUN LTDhistory →COMMON STOCK3.35%$2M88.8K
11TXTERNIUM SAhistory →COMMON STOCK2.75%$1M38.9K
12INFYINFOSYS LTDhistory →COMMON STOCK2.01%$1M61.0K
13ALVOTECH SACOMMON STOCK0.73%$397,079146.8K
14JETBLUE AIRWAYS CORPCONVERTIBLE BOND0.72%$388,482395.0K
15CABLE ONE INCCONVERTIBLE BOND0.32%$172,812175.0K
16BTAIBIOXCEL THERAPEUTICS INCCOMMON STOCK0.13%$68,66042.9K
17PEBBLEBROOK HOTEL TRUSTCONVERTIBLE BOND0.11%$59,98562.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$57M14May 20, 2026RESTATEMENTchanges · EDGAR ↗
Q4 2025$54M17Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$54M18Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$58M46Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$69M50May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$60M47Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$89M48Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$107M46Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$111M59May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$111M43Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$100M45Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$118M48Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$106M44May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$67M44Apr 21, 2023RESTATEMENTchanges · EDGAR ↗
Q3 2022$64M39Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$57M30Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$61M37May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$49M30Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1M11Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1M18Aug 16, 202113F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 3 additional managers.

  • Russell Investments Group, Ltd.028-17598
  • BROOKFIELD Corp /ON/028-14349
  • Oaktree Capital Holdings, LLC028-20007

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.