Howard Marks acquired 5.56 Million Chesapeake Energy Corp. shares worth $453 Million. That's 11.78% of their entire equity portfolio (3rd largest holding). The investor owns 5.39% of the outstanding Chesapeake Energy Corp. stock. The first Chesapeake Energy Corp. trade was made in Q1 2021. Since then Howard Marks bought shares two more times and sold shares on ten occasions. The stake costed the investor $247 Million, netting the investor a gain of 84% so far.