In a recent 13F filing from August 14, 2026, it was revealed that Howard Marks' Oaktree Capital has sold its entire stake in CBL & Associates Properties Inc. The disclosure, which reflects trades made during the second quarter ending June 30, 2026, showed the firm sold all 2.15 million of its shares. This move completely removes the mall owner from Oaktree's publicly disclosed portfolio.
The reported value of the exited position was approximately $82.77 million. Investors are reminded that 13F filings are delayed, providing a look back at a firm's portfolio changes from the previous quarter. This news comes as CBL itself has been active, recently reporting the sale of a retail center and announcing its second-quarter results.