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Morgan Stanley Direct Lending Fund

18 hedge funds and large institutions have $308M invested in Morgan Stanley Direct Lending Fund in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 4

2% more capital invested

Capital invested by funds: $303M → $308M (+$5.81M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.01% less ownership

Funds ownership: 15.79%15.78% (-0.01%)

10% less funds holding

Funds holding: 2018 (-2)

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

Holders
18
Holders Change
-2
Holders Change %
-10%
% of All Funds
0.26%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
5
Increased
8
Reduced
4
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$213M +$325K +14,600 +0.2%
C
2
Cliffwater
California
$47.7M
VanEck Associates
3
VanEck Associates
New York
$38.9M +$5.57M +250,167 +16%
Citadel Advisors
4
Citadel Advisors
Florida
$2.6M -$2.33M -104,641 -47%
UBS Group
5
UBS Group
Switzerland
$1.44M +$408K +18,300 +38%
MIM
6
Monashee Investment Management
Massachusetts
$1.36M -$220K -9,897 -14%
Stifel Financial
7
Stifel Financial
Missouri
$756K +$102K +4,600 +15%
KWA
8
Kingswood Wealth Advisors
California
$671K +$269K +12,076 +65%
RJA
9
Raymond James & Associates
Florida
$567K -$14.1K -631 -2%
PCM
10
Penserra Capital Management
California
$429K -$19.3K -868 -4%
HighTower Advisors
11
HighTower Advisors
Illinois
$333K +$5.14K +231 +2%
Wells Fargo
12
Wells Fargo
California
$320K +$99.4K +4,463 +44%
CFM
13
Catalyst Funds Management
Australia
$146K +$149K +6,700 New
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$122K +$38.3K +1,722 +45%
IWA
15
Icon Wealth Advisors
Texas
$101K +$111K +4,969 New
JP Morgan Chase
16
JP Morgan Chase
New York
$17.5K +$17.8K +800 New
Qube Research & Technologies (QRT)
17
Qube Research & Technologies (QRT)
United Kingdom
$6.66K +$6.79K +305 New
BNP Paribas Financial Markets
18
BNP Paribas Financial Markets
France
$4.37K +$4.45K +200 New
Teacher Retirement System of Texas
19
Teacher Retirement System of Texas
Texas
-$1.35M -62,641 Closed
Capstone Investment Advisors
20
Capstone Investment Advisors
New York
-$647K -30,000 Closed
PD
21
Point72 (DIFC)
United Arab Emirates
-$307K -14,268 Closed
VF
22
Virtu Financial
New York
-$223K -10,363 Closed
QC
23
Quadrature Capital
United Kingdom
-$223K -10,334 Closed
TRCT
24
Tower Research Capital (TRC)
New York
-$27.9K -1,294 Closed
Comerica Bank
25
Comerica Bank
Texas
-$21.6K -1,000 Closed

MSDL Hedge Fund Activity: Q2 2024 in Review

18 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Morgan Stanley Direct Lending Fund (MSDL) for Q2 2024, worth a combined $308M — up 1.9% from $303M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of MSDL and 5 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 8 added.

The largest buyer was VanEck Associates, adding an estimated $5.57M. The largest seller was Citadel Advisors, cutting an estimated $2.33M.

  • 18 institutional investors held Morgan Stanley Direct Lending Fund (MSDL) as of Q2 2024, down from 20 in Q1 2024.
  • Funds reported $308M of Morgan Stanley Direct Lending Fund stock for Q2 2024, up 1.9% quarter-over-quarter.
  • 5 funds opened new Morgan Stanley Direct Lending Fund positions in Q2 2024 and 7 closed out, a net change of -2 holders.
  • The largest Morgan Stanley Direct Lending Fund buyer in Q2 2024 was VanEck Associates, an estimated $5.57M added.
  • The largest Morgan Stanley Direct Lending Fund seller in Q2 2024 was Citadel Advisors, an estimated $2.33M sold.

Based on aggregated 13F filings for Q2 2024.