Oaktree Capital Management — 70509VAA8

How Oaktree Capital Management's position in PEBBLEBROOK HOTEL TRUST changed quarter by quarter. Change badges compare each quarter to the fund's immediately-prior filing.

Quarter	Shares	Value	% of portfolio	Change
Q1 2026	57,736,000	$56,380,550	0.95%	ADD
Q4 2025	39,706,000	$38,415,555	0.62%	NEW