Howard Marks Top 10 Holdings – Q1 2022, Buys SBLK, CBL, VALE, ITUB, PBR

One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time here at The Acquirer’s Multiple digging through these 13F-HR documents to find out which superinvestors hold positions in the stocks listed in our Stock Screeners.

As a new weekly feature, we’re now providing the top 10 holdings from some of our favorite superinvestors based on their latest 13F-HR documents.

This week we’ll take a look at superinvestor Howard Marks (3-31-2022). The current market value of his portfolio is $9,588,898,000, with a top 10 holdings concentration of 51.8%.

Top 10 Holdings

Stock	Shares	Market Value	% of Portfolio
CHK / CHESAPEAKE ENERGY CORP	11,001,153	$957,100,000	9.98
SBLK / STAR BULK CARRIERS CORP	26,021,457	$772,577,000	8.06
VST / VISTRA CORP	28,899,812	$671,920,000	7.01
GTXAP / GARRETT MOTION INC	68,834,814	$569,263,000	5.94
TRMD / TORM PLC-A	53,812,988	$467,669,000	4.88
PCG / P G & E CORP	30,000,000	$358,200,000	3.74
HTZ / HERTZ GLOBAL HLDGS INC	14,794,937	$327,707,000	3.42
ALLY / ALLY FINANCIAL INC	6,874,687	$298,911,000	3.12
RWAY / RUNWAY GROWTH FINANCE CORP	21,054,667	$285,922,000	2.98
EGLE / EAGLE BULK SHIPPING INC	3,781,561	$257,562,000	2.69

Top Buys

Stock	% Change
SBLK / STAR BULK CARRIERS CORP	1.61
CBL / CBL & ASSOCIATES PROPERTIES	0.83
VALE / VALE SA	0.45
ITUB / ITAU UNIBANCO ADR	0.42
PBR / PETROLEO BRASILEIRO ADR	0.32

Top Sells

Stock	% Change
SPY / SPDR S&P 500 (PUT)	2.75
IWM / iSHARES RUSSELL 2000 (PUT)	1.22
DEBT-CBL / CBL & ASSOCIATES HOLDCO II L NOTE (PRN)	0.69
HTZ / HERTZ GLOBAL HLDGS INC	0.57
CX / CEMEX SAB DE CV ADR	0.49