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Morgan Stanley Direct Lending Fund

117 hedge funds and large institutions have $505M invested in Morgan Stanley Direct Lending Fund in 2025 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 48 increasing their positions, 35 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 15

37% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 35

6% more funds holding

Funds holding: 110117 (+7)

4.5% more ownership

Funds ownership: 31.63%36.13% (+4.5%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3% less capital invested

Capital invested by funds: $521M → $505M (-$16M)

62% less call options, than puts

Call options by funds: $932K | Put options by funds: $2.43M

Holders
117
Holders Change
+7
Holders Change %
+6.36%
% of All Funds
1.54%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
22
Increased
48
Reduced
35
Closed
15
Calls
$932K
Puts
$2.43M
Net Calls
-$1.49M
Net Calls Change
-$1.04M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$256M +$5.27M +289,182 +2%
VanEck Associates
2
VanEck Associates
New York
$31.6M +$880K +48,248 +3%
GAM
3
Generali Asset Management
Italy
$29.4M +$1.24M +68,014 +4%
RCM
4
Rivernorth Capital Management
Florida
$15.9M +$14.3M +781,955 +377%
UBS Group
5
UBS Group
Switzerland
$15.5M +$2.62M +143,471 +17%
MC
6
Muzinich & Co
New York
$9.4M +$2.35M +128,990 +28%
Toronto Dominion Bank
7
Toronto Dominion Bank
Ontario, Canada
$9.1M +$10.3M +565,621 New
Marshall Wace
8
Marshall Wace
United Kingdom
$8.73M +$8.22M +450,681 +487%
AP
9
Americana Partners
Texas
$8.67M +$2.93M +160,829 +43%
Renaissance Technologies
10
Renaissance Technologies
New York
$8.41M +$8.88M +487,168 +1,368%
Sumitomo Mitsui Trust Group
11
Sumitomo Mitsui Trust Group
Japan
$8.12M +$2.45M +134,303 +36%
Franklin Resources
12
Franklin Resources
California
$6.03M +$449K +24,637 +7%
Wells Fargo
13
Wells Fargo
California
$5.73M +$776K +42,568 +14%
Millennium Management
14
Millennium Management
New York
$5.65M -$19.3K -1,060 -0.3%
Two Sigma Investments
15
Two Sigma Investments
New York
$5.49M +$3.43M +188,113 +123%
TCM
16
TT Capital Management
California
$4.78M +$1.09M +59,797 +25%
SWA
17
SFMG Wealth Advisors
Texas
$4.17M +$16.4K +900 +0.3%
TI
18
Trexquant Investment
Connecticut
$3.81M +$1.74M +95,258 +67%
Raymond James Financial
19
Raymond James Financial
Florida
$3.43M +$47K +2,578 +1%
HWAM
20
Hennion & Walsh Asset Management
New Jersey
$3.19M +$883K +48,395 +32%
Neuberger Berman Group
21
Neuberger Berman Group
New York
$2.98M -$1.4M -76,561 -29%
Balyasny Asset Management
22
Balyasny Asset Management
Illinois
$2.83M +$1.57M +85,831 +95%
NW
23
Naviter Wealth
Arkansas
$2.67M -$346K -18,996 -11%
Goldman Sachs
24
Goldman Sachs
New York
$2.54M +$2.18M +119,500 +311%
CC
25
Centiva Capital
New York
$2.43M +$2.75M +150,958 New