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Howard Marks

Oaktree Capital Management

Howard Marks TORM PLC-A stake

total: 844

Oaktree Capital Management TRMD trades

Total transactions:
11
New positions:
1
Added:
5
Reduced:
5
Held since:
2018 Q3
Held for:
31 quarters
Latest activity:
2026 Q1
According to 2026 Q1 report, Howard Marks holds 23,839,575 TORM PLC-A (TRMD) shares with a market value of roughly $675.08M accounting for 11.43% of the overall portfolio. To date, the estimated cost basis is nearly $6.15 for "buy" trades and estimated average "sell" price is $27.71. Oaktree Capital Management first purchased TRMD in 2018 Q3, initially acquiring about 47.60M shares. Since the initial investment in TORM PLC-A (TRMD), Oaktree Capital Management has made 10 more transactions.

How many TRMD shares does Howard Marks currently hold?

According to 2026 Q1 report, Howard Marks holds 23,839,575 shares of TORM PLC-A (TRMD), valued at around $675.08M.

When did Howard Marks buy TORM PLC-A (TRMD)?

Howard Marks first invested in TORM PLC-A (TRMD) in 2018 Q3 at the reported quarter-end price of $6.00 per share.

What's the cost basis of Oaktree Capital Management's TRMD stake?

The estimated cost basis for TORM PLC-A (TRMD) stake is around $6.15 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$6.14
Weighted AVG sell price:
$27.71

Howard Marks's historical trades in TORM PLC-A

11 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2026 Q1
11.43%
23,839,575
$28.32
$675,076,008
-9.78% (-2,585,484)
-1.19%
2025 Q4
8.55%
26,425,059
$19.95
$527,287,877
-34.88% (-14,156,061)
-4.71%
2024 Q3
23.04%
40,581,120
$34.07
$1,382,777,589
-8.00% (-3,528,866)
-2.07%
2024 Q2
29.72%
44,109,986
$39.09
$1,724,284,468
-13.52% (-6,896,552)
-4.32%
2023 Q4
24.23%
51,006,538
$30.26
$1,543,419,511
-5.22% (-2,806,450)
-1.29%
2020 Q4
6.86%
$7.40
+0.87% (+466,552)
2020 Q3
7.86%
$6.77
+2.98% (+1,541,511)
2020 Q2
7.90%
$6.86
+5.94% (+2,904,419)
2020 Q1
12.01%
$8.50
+1.32% (+636,585)
2019 Q3
8.34%
$8.47
+1.39% (+663,749)
2018 Q3
4.71%
$6.00
new
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.