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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
BCWM
126
Bartlett & Co Wealth Management
Ohio
$15.3K -$15.2K -900 -50%
Group One Trading
127
Group One Trading
Illinois
$14.8K
DT
128
DV Trading
Illinois
$6.59K +$6.76K +400 New
AW
129
Avion Wealth
Texas
$4K +$5.07K +300 New
CI
130
CX Institutional
Indiana
$2K +$1.69K +100 New
AssetMark Inc
131
AssetMark Inc
California
$534 +$507 +30 New
EP
132
Essential Partners
California
$247 +$254 +15 New
CIAM
133
Caitong International Asset Management
Hong Kong
$49
Marshall Wace
134
Marshall Wace
United Kingdom
-$8.73M -543,182 Closed
ZIG
135
Zuckerman Investment Group
Illinois
-$740K -46,000 Closed
DTL
136
Dynamic Technology Lab
Singapore
-$520K -32,323 Closed
OWP
137
Obermeyer Wealth Partners
Colorado
-$418K -26,000 Closed
EGA
138
Eagle Global Advisors
Texas
-$415K -25,800 Closed
Kovitz Investment Group Partners
139
Kovitz Investment Group Partners
Illinois
-$395K -24,392 Closed
NA
140
Nordwand Advisors
Pennsylvania
-$391K -24,336 Closed
BHCM
141
Brevan Howard Capital Management
Jersey
-$391K -24,309 Closed
OWA
142
Opal Wealth Advisors
New York
-$235K -14,630 Closed
GCP
143
GSA Capital Partners
United Kingdom
-$227K -14,116 Closed
MM
144
MQS Management
New York
-$227K -14,096 Closed
SIC
145
Samalin Investment Counsel
New York
-$177K -10,977 Closed
ECA
146
Elevate Capital Advisors
Colorado
-$173K -10,773 Closed
Simplex Trading
147
Simplex Trading
Illinois
-$154K -9,634 Closed
KFGK
148
Keystone Financial Group (Kentucky)
Kentucky
-$72K -4,480 Closed
US Bancorp
149
US Bancorp
Minnesota
-$59.6K -3,707 Closed
SOW
150
State of Wyoming
Wyoming
-$57K -3,543 Closed