Howard Marks

Summary

Howard Marks disclosed 145 positions in its latest 13F (2026 Q2), a portfolio value of ~$7.21B, across 1 sectors; top holdings TRMD, EXE, GTX. This quarter: 10 new, 8 added, 18 trimmed, 11 closed. Data from public SEC 13F filings, delayed up to ~45 days.

Portfolio value$7.21B

Holdings145incl. options

Sectors1

Latest filing2026 Q2

New10$267.41M

Added8$115.89M

Trimmed18$523.52M

Sold11$412.11M

View original SEC filing

Guru playbook

This quarter at a glance

Broad coverageDiversifiedModerate turnover

Circle of competence (by value)

Materials1%

Biggest new buy

SESEA LTD-ADR

New buy · of book 1.1%

Biggest add

TDSTELEPHONE AND DATA SYSTEMS

Added +23.1%

Biggest exit

PBRPETROLEO BRASILEIRO-SPON ADR

Exited · was ~$126.36M

⚠️ Tags are auto-derived from public 13F holdings.

Position-weight treemap

By share of portfolio value (2026 Q2, common stock only, top 25).

Sector breakdown

By value (positions with no sector fall under “Uncategorized”).

Public SEC 13F filings may appear up to 45 days after quarter-end; STOCK Act / OGE trade filings are generally due within 45 days but may be late. Partial data only — research, not investment advice.