FS Specialty Lending Fund
FSSL
257 hedge funds and large institutions have $395M invested in FS Specialty Lending Fund in 2026 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 69 increasing their positions, 68 reducing their positions, and 45 closing their positions.
46.65% more ownership
Funds ownership: 0% → 46.65% (+47%)
29% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 45
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
3% more funds holding
Funds holding: 250 → 257 (+7)
2% more capital invested
Capital invested by funds: $387M → $395M (+$8.28M)
1% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$12.6M |
| 2 |
CC
CF Capital
Cohasset,
Massachusetts
|
+$6.71M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
+$6.31M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.73M |
| 5 |
Morgan Stanley
New York
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.38M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.24M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.14M |
| 4 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$834K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$741K |
FSSL Hedge Fund Activity: Q2 2026 in Review
257 of the 8,303 institutional investors tracked by Wall St. Rank reported a position in FS Specialty Lending Fund (FSSL) for Q2 2026, worth a combined $395M — up 2.1% from $387M a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new FSSL positions and 45 closed out — a net gain of 13 holders — while 69 added to existing stakes and 68 trimmed.
The largest buyer was Nomura Holdings, adding an estimated $12.6M. The largest seller was Commonwealth Equity Services, cutting an estimated $2.38M.
- 257 institutional investors held FS Specialty Lending Fund (FSSL) as of Q2 2026, up from 250 in Q1 2026.
- Funds reported $395M of FS Specialty Lending Fund stock for Q2 2026, up 2.1% quarter-over-quarter.
- 58 funds opened new FS Specialty Lending Fund positions in Q2 2026 and 45 closed out, a net change of +13 holders.
- The largest FS Specialty Lending Fund buyer in Q2 2026 was Nomura Holdings, an estimated $12.6M added.
- The largest FS Specialty Lending Fund seller in Q2 2026 was Commonwealth Equity Services, an estimated $2.38M sold.
Based on aggregated 13F filings for Q2 2026.