Howard Marks's top holdings (June 2025) include TORM Plc (TRMD), a company involved in the seaborne transportation of refined oil products.

Howard Marks is the co-founder and co-chairman of Oaktree Capital Management, a global investment management firm. Marks is known for his insightful investment philosophy and his focus on value investing and risk control.

TORM Plc (TRMD)

TORM Plc operates in the transportation sector, specializing in the seaborne transport of refined oil products. The company owns and operates a fleet of tankers, facilitating the movement of these products across the globe. TORM Plc has a market capitalization of $1.57B, with Howard Marks's position currently valued at $648.49M. The discounted cash flow value is $52.8.

Here's an overview of Howard Marks's trades in TORM Plc:

Garrett Motion Inc (GTX)

Garrett Motion Inc. is a manufacturer of turbocharger and boosting technologies for the automotive industry. The company’s products are used in gasoline, diesel, and hybrid passenger vehicles and commercial vehicles. Howard Marks's holding in Garrett Motion Inc is currently worth $467.28M, while the company's market cap stands at $2.15B. The discounted cash flow value is $4.56.

Here's an overview of Howard Marks's trades in Garrett Motion Inc:

Chesapeake Energy Corp. (CHK)

Chesapeake Energy Corp. is engaged in the exploration and production of oil, natural gas, and natural gas liquids. The company's operations are primarily focused in the United States. Chesapeake Energy Corp. has a market capitalization of $8.41B, and the current value of Howard Marks's position is $453.11M. The company's discounted cash flow analysis suggests a value of $214.92 per share.

Here's an overview of Howard Marks's trades in Chesapeake Energy Corp.:

Sitio Royalties Corporation (STR)

Sitio Royalties Corp is a company operating in the oil and gas industry, focused on acquiring and managing mineral and royalty interests. They generate revenue from the production of oil and gas on their properties. The company has a market capitalization of $1.73B, with the current value of Howard Marks's holding at $220.8M. The company's discounted cash flow analysis suggests a value of $65.07 per share.

Here's an overview of Howard Marks's trades in Sitio Royalties Corporation:

Indivior Plc (INDV)

Indivior Plc is a pharmaceutical company that develops, manufactures, and sells medicines for the treatment of opioid dependence and related disorders. Their main product is SUBOXONE (buprenorphine and naloxone) sublingual film. Howard Marks's position is currently valued at $141.58M, and Indivior Plc has a market capitalization of $2.89B. Analysts have set a price target of $13.0 for Indivior Plc.

Here's an overview of Howard Marks's trades in Indivior Plc: