Oaktree Capital Holdings Reports 4.7% Beneficial Ownership in BRC Group Holdings via Warrants

Oaktree Capital Holdings, LLC, along with several affiliated reporting persons, filed a Schedule 13G/A on May 15, 2026, regarding their holdings in BRC Group Holdings, Inc. (ticker: RILY). The filing reports a beneficial ownership of 1,832,289.96 shares of common stock, which are issuable upon the exercise of warrants held directly by various Oaktree-managed funds. This position represents approximately 4.7% of the company's common stock, based on 37,130,592 shares outstanding as of May 5, 2026, plus the underlying warrant shares. The reporting persons include RPVOF Broker CTB, LLC, OPIF Broker Holdings, L.P., Oaktree-Copley Investments, LLC, Opps XII Broker E Holdings, L.P., and OCM SSF III Broker Debt Holdings, L.P., all of which are indirectly controlled by Oaktree Capital Holdings, LLC and Oaktree Capital Group Holdings GP, LLC. The filing is an amendment to a previous Schedule 13G and indicates that the securities were not acquired for the purpose of changing or influencing the control of the issuer.