Howard Marks's position in Azul S.A. is currently worth $10.1 Million. That's 0.18% of their equity portfolio (46th largest holding). The investor owns 1.60% of the outstanding Azul S.A. stock. The first Azul S.A. trade was made in Q2 2017. Since then Howard Marks bought shares sixteen more times and sold shares on ten occasions. The investor's estimated purchase price is $33.2 Million, resulting in a loss of 69%.