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Morgan Stanley Direct Lending Fund

133 hedge funds and large institutions have $598M invested in Morgan Stanley Direct Lending Fund in 2025 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 42 increasing their positions, 37 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more funds holding in top 10

Funds holding in top 10: 25 (+3)

91% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 22

19% more capital invested

Capital invested by funds: $505M → $598M (+$93.7M)

14% more funds holding

Funds holding: 117133 (+16)

14% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 37

5.68% more ownership

Funds ownership: 36.13%41.81% (+5.7%)

34% less call options, than puts

Call options by funds: $2.15M | Put options by funds: $3.27M

Holders
133
Holders Change
+16
Holders Change %
+13.68%
% of All Funds
1.62%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.06%
New
42
Increased
42
Reduced
37
Closed
22
Calls
$2.15M
Puts
$3.27M
Net Calls
-$1.11M
Net Calls Change
+$381K
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
76
Envestnet Asset Management
Illinois
$455K +$151K +8,922 +48%
VIA
77
Virtus Investment Advisers
Connecticut
$433K -$68K -4,021 -13%
FG
78
Fiduciary Group
Georgia
$396K -$5.51K -326 -1%
CA
79
Clearstead Advisors
Ohio
$396K +$10.4K +614 +3%
CC
80
Centiva Capital
New York
$378K -$2.16M -128,048 -85%
OC
81
Oppenheimer & Co
New York
$376K -$4.01K -237 -1%
GSIS
82
Global Strategic Investment Solutions
Arizona
$351K +$49.6K +2,934 +16%
GIC
83
Generali Investments CEE
Czech Republic
$341K
JIP
84
Jaffetilchin Investment Partners
Florida
$333K +$341K +20,192 New
AC
85
Almitas Capital
California
$330K +$338K +20,000 New
National Bank of Canada
86
National Bank of Canada
Quebec, Canada
$317K +$41.3K +2,445 +15%
EA
87
Everpar Advisors
Oklahoma
$306K -$111K -6,583 -26%
SA
88
Sanctuary Advisors
Indiana
$305K -$37.9K -2,243 -11%
Nomura Holdings
89
Nomura Holdings
Japan
$287K +$294K +17,387 New
GC
90
Guggenheim Capital
Illinois
$285K +$47K +2,780 +19%
FA
91
Fountainhead AM
New Jersey
$284K -$707K -41,844 -71%
IWA
92
Icon Wealth Advisors
Texas
$278K +$7.96K +471 +3%
TI
93
TrueMark Investments
Illinois
$247K -$169K -9,976 -40%
Mercer Global Advisors
94
Mercer Global Advisors
Colorado
$246K +$6.14K +363 +2%
AQR Capital Management
95
AQR Capital Management
Connecticut
$231K
CHAM
96
Clear Harbor Asset Management
Connecticut
$229K +$235K +13,910 New
SC
97
Sapient Capital
Indiana
$227K
CL
98
COWA LLC
Oklahoma
$221K
RWA
99
Reicon Wealth Advisors
Georgia
$214K +$219K +12,969 New
SM
100
Sciencast Management
New Jersey
$203K -$40.6K -2,400 -16%