Oaktree Capital’s 3rd Quarter Basic Materials Sector Stock Picks: XCO, LYB, CXPO, RIO, GG, PBR, SCCO

Wall St. Watchdog reveals information regarding Oaktree Capital Management’s top holdings in the Basic Materials sector for the quarter ending September 30th, 2011. The firm held 35 stocks in the Basic Materials sector at the end of the quarter with an aggregate market value of $1.139 billion.

  • Exco Resources Inc. (NYSE:XCO): On 06/30/2011, Oaktree Capital Management reported holding 69,557,892 shares with a market value of $1,227,696,767. This comprised 18.04% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 69,557,892 shares with a market value of $745,660,621. This comprised 15.11% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: EXCO Resources, Inc. explores for oil and natural gas. The Company operates in onshore locations in the United States.
  • Lyondellbasell Industries Nv (NYSE:LYB): On 06/30/2011, Oaktree Capital Management reported holding 8,823,277 shares with a market value of $339,872,634. This comprised 4.99% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 9,323,277 shares with a market value of $227,767,660. This comprised 4.62% of the total portfolio. The net change in shares for this position over the two quarters is 500,000. About Company: LyondellBasell Industries NV is a manufacturing company. The Company produces chemicals, fuels, and polymers used for packaging, clean fuels, durable textiles, medical applications, construction materials, and automotive parts. LyondellBasell Industries operates globally and is headquartered in the Netherlands.
  • Crimson Exploration Inc. (NASDAQ:CXPO): On 06/30/2011, Oaktree Capital Management reported holding 31,049,638 shares with a market value of $110,226,213. This comprised 1.62% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 31,049,638 shares with a market value of $66,756,725. This comprised 1.35% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Crimson Exploration Inc. acquires, develops, exploits, and produces crude oil and natural gas, primarily in the onshore regions of the United States.
  • Rio Tinto Plc (NYSE:RIO): On 06/30/2011, Oaktree Capital Management reported holding 0 shares. On 09/30/2011, Oaktree Capital Management reported holding 603,400 shares with a market value of $26,597,873. This comprised 0.54% of the total portfolio. The net change in shares for this position over the two quarters is 603,400. About Company: Rio Tinto PLC is an international mining company. The Company has interests in mining for aluminum, borax, coal, copper, gold, iron ore, lead, silver, tin, uranium, zinc, titanium dioxide feedstock, diamonds, talc and zircon. Rio Tinto’s various mining operations are located in Australia, New Zealand, South Africa, the United States, South America, Europe, and Indonesia.
  • Goldcorp Inc. (NYSE:GG): On 06/30/2011, Oaktree Capital Management reported holding 375,500 shares with a market value of $18,125,385. This comprised 0.27% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 406,100 shares with a market value of $18,534,404. This comprised 0.38% of the total portfolio. The net change in shares for this position over the two quarters is 30,600. About Company: Goldcorp, Inc. is a North American gold producer. The Company has gold mining operations in the United States, Canada, Mexico, Brazil, Argentina, and Australia. Goldcorp owns the Red Lake mine in Ontario.
  • Petroleo Brasileiro (NYSE:PBR): On 06/30/2011, Oaktree Capital Management reported holding 465,600 shares with a market value of $15,765,216. This comprised 0.23% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 580,708 shares with a market value of $13,036,895. This comprised 0.26% of the total portfolio. The net change in shares for this position over the two quarters is 115,108. About Company: Petroleo Brasileiro S.A. – Petrobras explores for and produces oil and natural gas. The Company refines, markets, and supplies oil products. Petrobras operates oil tankers, distribution pipelines, marine, river and lake terminals, thermal power plants, fertilizer plants, and petrochemical units. The Company operates in South America and elsewhere around the world.
  • Compania De Minas Buenaventura Sa (NYSE:BVN): On 06/30/2011, Oaktree Capital Management reported holding 423,200 shares with a market value of $16,073,136. This comprised 0.24% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 325,702 shares with a market value of $12,291,994. This comprised 0.25% of the total portfolio. The net change in shares for this position over the two quarters is -97,498. About Company: Cia de Minas Buenaventura S.A. explores for, mines, and processes gold, silver, zinc, and other metals. The Company operates mines in Peru, a lime plant, an electric power transmission company, and an engineering services company. Buenaventura also markets metal concentrates to smelters internationally.
  • Southern Copper Corp. (NYSE:SCCO): On 06/30/2011, Oaktree Capital Management reported holding 0 shares. On 09/30/2011, Oaktree Capital Management reported holding 451,426 shares with a market value of $11,281,136. This comprised 0.23% of the total portfolio. The net change in shares for this position over the two quarters is 451,426. About Company: Southern Copper Corporation conducts mining operations in Peru and Mexico. The Company owns and operates open pit mines and metallurgical complexes that produce copper, molybdenum, zinc, and precious metals.
  • Mechel Oao (NYSE:MTL): On 06/30/2011, Oaktree Capital Management reported holding 541,200 shares with a market value of $12,929,268. This comprised 0.19% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 604,590 shares with a market value of $6,160,772. This comprised 0.12% of the total portfolio. The net change in shares for this position over the two quarters is 63,390. About Company: Mechel is a Russian metals and mining company, uniting producers of steel, rolled products, hardware, coal, iron ore concentrate, and nickel. The Company’s products are marketed domestically and internationally.
  • Wsp Holdings Ltd. (NYSE:WH): On 06/30/2011, Oaktree Capital Management reported holding 14,088,000 shares with a market value of $12,679,200. This comprised 0.19% of the total portfolio. On 09/30/2011, Oaktree Capital Management reported holding 14,088,000 shares with a market value of $4,930,800. This comprised 0.1% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: WSP Holdings Ltd. manufactures seamless casing, tubing, and drill pipes used for oil and natural gas exploration, drilling and extraction.

(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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