Current position

Howard Marks’s Torm Plc (TRMD) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Oaktree Capital Management LPVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ3 2018Earliest verified positive filing snapshot
Latest statusCurrent positionBased on the latest supported relationship state
Peak shares95.20MHighest verified quarter-end share count
Quarters reported32Verified quarters with shares above zero
What happened?

Oaktree Capital Management LP first reported Torm Plc in Q3 2018. The reported position was increased and reduced across later filings. Oaktree Capital Management LP currently reports 20.33M shares. The latest verified filing showed: Sold 14.7% of the position.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q2 2026
Sold 14.7% of the position−3.51M shares · 20.33M shares remained
Filing context

Quarter-end price $25.79 · Estimated holding basis $6.46

Q1 2026
Sold 9.8% of the position−2.59M shares · 23.84M shares remained
Filing context

Quarter-end price $28.32 · Estimated holding basis $6.46

Q4 2025
Sold 34.9% of the position−14.16M shares · 26.43M shares remained
Filing context

Quarter-end price $19.95 · Estimated holding basis $6.46

Q3 2024
Sold 8.0% of the position−3.53M shares · 40.58M shares remained
Filing context

Quarter-end price $34.07 · Estimated holding basis $6.46

Q2 2024
Sold 13.5% of the position−6.90M shares · 44.11M shares remained
Filing context

Quarter-end price $39.09 · Estimated holding basis $6.46

Q4 2023
Sold 5.2% of the position−2.81M shares · 51.01M shares remained
Filing context

Quarter-end price $30.26 · Estimated holding basis $6.46

18 unchanged quarters are collapsed by default.

Portfolio importance

How important is Torm Plc in Oaktree Capital Management LP’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Current portfolio weight9.9%Q2 2026
Current rank#1of 138 reported positions
Peak portfolio weight29.7%Q2 2024
Best historical rank#1Q3 2022
At peak importanceQ2 2024
TRMD
29.7%
Largest holding
29.7%
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$38.232026-09-18

Market context only; not an investor transaction price.

Latest filing quarter-end price$25.79Q2 2026

Derived from validated reported value and shares where supported.

Estimated holding basis$6.46Historical reference — not actual purchase price

Calculated from supported filing history.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

This tracker follows Oaktree Capital Management LP’s Form 13F disclosures, not Howard Marks’s personal brokerage account. Form 13F reports quarter-end positions later and does not reveal exact trade dates or execution prices.