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FS Specialty Lending Fund

249 hedge funds and large institutions have $345M invested in FS Specialty Lending Fund in 2025 Q4 according to their latest regulatory filings, with 249 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
249
Holders Change
+249
Holders Change %
–
% of All Funds
3%
Holding in Top 10
4
Holding in Top 10 Change
+4
Holding in Top 10 Change %
% of All Funds
0.05%
New
249
Increased
–
Reduced
–
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

FSSL Hedge Fund Activity: Q4 2025 in Review

249 of the 8,288 institutional investors tracked by Wall St. Rank reported a position in FS Specialty Lending Fund (FSSL) for Q4 2025, worth a combined $345M.

Buyers outnumbered sellers: 249 funds opened new FSSL positions and 0 closed out — a net gain of 249 holders — while 0 added to existing stakes and 0 trimmed.

The largest buyer was Oak Hill Advisors, opening a new position worth an estimated $37.8M.

  • 249 institutional investors held FS Specialty Lending Fund (FSSL) as of Q4 2025, up from 0 in Q3 2025.
  • Funds reported $345M of FS Specialty Lending Fund stock for Q4 2025.
  • 249 funds opened new FS Specialty Lending Fund positions in Q4 2025 and 0 closed out, a net change of +249 holders.
  • The largest FS Specialty Lending Fund buyer in Q4 2025 was Oak Hill Advisors, an estimated $37.8M added.

Based on aggregated 13F filings for Q4 2025.