Morgan Stanley Direct Lending Fund
MSDL
52 hedge funds and large institutions have $334M invested in Morgan Stanley Direct Lending Fund in 2024 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 5 closing their positions.
680% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 5
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
189% more funds holding
Funds holding: 18 → 52 (+34)
8% more capital invested
Capital invested by funds: $308M → $334M (+$25.4M)
3.12% more ownership
Funds ownership: 15.78% → 18.9% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
78% less call options, than puts
Call options by funds: $386K | Put options by funds: $1.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$37.3M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.03M |
| 3 |
AWM
Activest Wealth Management
Aventure,
Florida
|
+$1.68M |
| 4 |
AC
ASB Consultores
Aventura,
Florida
|
+$1.66M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
C
Cliffwater
Marina Del Rey,
California
|
-$1.21M |
| 2 |
KWA
Kingswood Wealth Advisors
San Diego,
California
|
-$671K |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
-$429K |
| 4 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$360K |
| 5 |
CFM
Catalyst Funds Management
Sydney NSW,
Australia
|
-$146K |
MSDL Hedge Fund Activity: Q3 2024 in Review
52 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Morgan Stanley Direct Lending Fund (MSDL) for Q3 2024, worth a combined $334M — up 8.2% from $308M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new MSDL positions and 5 closed out — a net gain of 34 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $37.3M. The largest seller was Cliffwater, cutting an estimated $1.21M.
- 52 institutional investors held Morgan Stanley Direct Lending Fund (MSDL) as of Q3 2024, up from 18 in Q2 2024.
- Funds reported $334M of Morgan Stanley Direct Lending Fund stock for Q3 2024, up 8.2% quarter-over-quarter.
- 39 funds opened new Morgan Stanley Direct Lending Fund positions in Q3 2024 and 5 closed out, a net change of +34 holders.
- The largest Morgan Stanley Direct Lending Fund buyer in Q3 2024 was Morgan Stanley, an estimated $37.3M added.
- The largest Morgan Stanley Direct Lending Fund seller in Q3 2024 was Cliffwater, an estimated $1.21M sold.
Based on aggregated 13F filings for Q3 2024.