Oaktree Capital’s Quarterly Financial Sector Share Position Changes: CIT, MET, CWH, DLLR, ADS, PHH, CSE

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Wall St. Watchdog reveals information regarding Oaktree Capital Management’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 15 stocks in the Financial sector at the end of the quarter with an aggregate market value of $600.26 million.

  • Cit Group Inc. (NYSE:CIT): On 06/30/2011, Oaktree Capital Management reported holding 17,430,868 shares with a market value of $771,490,188. This comprised 11.33% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 17,810,868 shares with a market value of $540,916,076. This comprised 10.96% of the total portfolio. The net change in shares for this position over the two quarters is 380,000. About Company: CIT Group Inc. operates as a holding company. The Company, through its subsidiaries, provides lending, advisory, commercial banking, vendor finance, and leasing services to small and middle market businesses. CIT Group operates globally.
  • Metlife Inc. (NYSE:MET): On 06/30/2011, Oaktree Capital Management reported holding 1,825,000 shares with a market value of $80,062,748. This comprised 1.18% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 1,815,000 shares with a market value of $50,838,150. This comprised 1.03% of the total portfolio. The net change in shares for this position over the two quarters is -10,000. About Company: MetLife, Inc. provides individual insurance, employee benefits and financial services with operations throughout the United States and the regions of Latin America, Europe, and Asia Pacific. The Company’s products include life insurance, annuities, automobile and homeowners insurance, retail banking and other financial services to individuals as well as group insurance.
  • Commonwealth Reit (NYSE:CWH): On 06/30/2011, Oaktree Capital Management reported holding 433,400 shares with a market value of $11,199,056. This comprised 0.16% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 433,400 shares with a market value of $8,221,598. This comprised 0.17% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: CommonWealth REIT is a real estate investment trust, or REIT. The Company primarily owns office buildings located in Central Business District and suburban areas of major metropolitan markets in the United States, and has a large concentration of properties leased to the U.S. Government and medical related tenants. CommonWealth also owns industrial lands in Hawaii.
  • Dollar Financial Corp. (NASDAQ:DLLR): On 06/30/2011, Oaktree Capital Management reported holding 73,154,000 shares with a market value of $94,130. This comprised 0% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 65,894,000 shares with a market value of $83,192. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is -7,260,000. About Company: Dollar Financial Corporation provides check-cashing, short-term consumer loans, money orders and money transfers through its network of company-operated stores. The Company operates in the United States, Canada and the United Kingdom.
  • Alliance Data Systems Corporation (NYSE:ADS): On 06/30/2011, Oaktree Capital Management reported holding 91,220,000 shares with a market value of $116,258. This comprised 0% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 64,320,000 shares with a market value of $82,258. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is -26,900,000. About Company: Alliance Data Systems Corporation provides card services, loyalty and marketing solutions, payment processing, and business process outsourcing services. The Company provides such services to the retail, petroleum, utility, financial services, and hospitality markets.
  • Phh Corp (NYSE:PHH): On 06/30/2011, Oaktree Capital Management reported holding 70,320,000 shares with a market value of $76,508. This comprised 0% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 68,320,000 shares with a market value of $65,540. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is -2,000,000. About Company: PHH Corporation is an outsource provider of mortgage and vehicle fleet management services. The Company provides private label mortgage services to real estate brokers, financial institutions, credit unions, corporations, and government agencies, and integrated leasing and management solutions to operators of corporate, government, and service-related vehicle fleets.
  • American Equity Investment Life Holding Co. (NYSE:AEL): On 06/30/2011, Oaktree Capital Management reported holding 0 shares. On 09/30/2011, Oaktree Capital Management reported holding 13,930,000 shares with a market value of $13,860. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 13,930,000. About Company: American Equity Investment Life Holding Company develops, markets, issues, and administers annuities and life insurance products through its subsidiaries. The Company is a full-service underwriter of an array of annuity and insurance products, and is licensed to sell its products throughout the United States.
  • Capitalsource Inc. (NYSE:CSE): On 06/30/2011, Oaktree Capital Management reported holding 21,184,000 shares with a market value of $22,174. This comprised 0% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 12,184,000 shares with a market value of $12,466. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is -9,000,000. About Company: CapitalSource Inc. provides loans to small and medium-sized businesses. The Company seeks to lend to businesses that require customized and sophisticated debt financing. CapitalSource offers a variety of loan products, including senior asset-based loans, senior cash flow loans, mortgage loans and mezzanine loans.
  • Compucredit Holdings Corp. (NASDAQ:CCRT): On 06/30/2011, Oaktree Capital Management reported holding 7,440,000 shares with a market value of $7,058. This comprised 0% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 7,440,000 shares with a market value of $7,068. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: CompuCredit Holdings Corporation originates and purchases credit products. The Company also markets fee-based products and services, including life insurance, card registration, telecommunication products and services, memberships in preferred buying clubs, travel services, and debt waiver programs. CompuCredit’s credit card is offered to its clients on an unsecured basis.
  • Spdr S&p 500 (NYSE:SPY): On 06/30/2011, Oaktree Capital Management reported holding 0 shares. On 09/30/2011, Oaktree Capital Management reported holding 9,000 shares with a market value of $6,930. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 9,000. About Company: SPDR S&P 500 ETF Trust is a unit investment trust incorporated in the United States. The Trust consists of a portfolio representing all 500 stocks in the S&P 500 Index.

(Note: Data regarding Oaktree Capital Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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