Confluence Investment Management’s Morgan Stanley Direct Lending Fund MSDL Stock Holding History

Confluence Investment Management’s Portfolio MSDL Stock Details MSDL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$1.02M	Buy	67,513 +192	+0.3%	+$2.91K	0.02%	216
2026 Q1	$940K	Sell	67,321 -4,835	-7%	-$74.8K	0.01%	224
2025 Q4	$1.19M	Buy	72,156 +1,308	+2%	+$22.1K	0.02%	199
2025 Q3	$1.14M	Sell	70,848 -16,095	-19%	-$294K	0.02%	206
2025 Q2	$1.63M	Buy	86,943 +60,022	+223%	+$1.16M	0.02%	179
2025 Q1	$537K	Buy	26,921 +779	+3%	+$16.1K	0.01%	251
2024 Q4	$540K	Buy	26,142 +365	+1%	+$7.47K	0.01%	246
2024 Q3	$510K	Buy	+25,777	New	+$534K	0.01%	257

Other funds holding MSDL

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

GAM

Generali Asset Management Trieste, Italy $5.53B AUM 35.1% 1-Year Est. Return

Lunate Capital Al Maryah Island, Abu Dhabi, United Arab Emirates $196M AUM 84.21% 1-Year Est. Return

Russell Investments Group London, United Kingdom $114B AUM 41.71% 1-Year Est. Return

Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return

Muzinich & Co New York $293M AUM 18.57% 1-Year Est. Return

Ares Management Los Angeles, California $2.29B AUM 0.27% 1-Year Est. Return

Ensign Peak Advisors Salt Lake City, Utah $60.8B AUM 42.06% 1-Year Est. Return

Confluence Investment Management's MSDL Position: Q2 2026 in Review

Confluence Investment Management increased its Morgan Stanley Direct Lending Fund (MSDL) stake by 0.29% in Q2 2026, buying an estimated $2.91K and bringing the position to 67,513 shares worth $1.02M. The position accounts for 0.02% of the portfolio, ranked #216.

Confluence Investment Management first reported a position in MSDL in Q3 2024 and has held it in 8 quarters since. The position peaked at $1.63M in Q2 2025. 140 funds tracked by Wall St. Rank hold MSDL as of Q2 2026.

Confluence Investment Management held 67,513 shares of Morgan Stanley Direct Lending Fund worth $1.02M as of Q2 2026.
Confluence Investment Management bought 192 Morgan Stanley Direct Lending Fund shares in Q2 2026, an estimated $2.91K.
Morgan Stanley Direct Lending Fund made up 0.02% of Confluence Investment Management's portfolio in Q2 2026, its #216 holding.
Confluence Investment Management first reported a position in Morgan Stanley Direct Lending Fund in Q3 2024 and has held it in 8 quarters since.
Confluence Investment Management's Morgan Stanley Direct Lending Fund position peaked at $1.63M in Q2 2025.
140 funds tracked by Wall St. Rank held Morgan Stanley Direct Lending Fund as of Q2 2026.

Based on Confluence Investment Management's 13F filing for Q2 2026, filed 1 Jul 2026.