Blue Owl Capital
OBDC
470 hedge funds and large institutions have $3.17B invested in Blue Owl Capital in 2025 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 156 increasing their positions, 151 reducing their positions, and 65 closing their positions.
78% more call options, than puts
Call options by funds: $22.4M | Put options by funds: $12.6M
35% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 65
21% more funds holding in top 10
Funds holding in top 10: 19 → 23 (+4)
3% more funds holding
Funds holding: 458 → 470 (+12)
1.7% more ownership
Funds ownership: 48.16% → 49.86% (+1.7%)
3% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 151
3% less capital invested
Capital invested by funds: $3.28B → $3.17B (-$108M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$31.3M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
+$27.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$25.7M |
| 4 |
Two Sigma Investments
New York
|
+$21.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TODC
Trustees of Dartmouth College
Hanover,
New Hampshire
|
-$42.5M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$23.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$17.8M |
| 4 |
Goldman Sachs
New York
|
-$17.4M |
| 5 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
-$14.4M |
OBDC Hedge Fund Activity: Q4 2025 in Review
470 of the 7,889 institutional investors tracked by Wall St. Rank reported a position in Blue Owl Capital (OBDC) for Q4 2025, worth a combined $3.17B — down 3.3% from $3.28B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new OBDC positions and 65 closed out — a net gain of 23 holders — while 156 added to existing stakes and 151 trimmed.
The largest buyer was UBS Group, adding an estimated $31.3M. The largest seller was Trustees of Dartmouth College, exiting entirely with an estimated $42.5M sold.
- 470 institutional investors held Blue Owl Capital (OBDC) as of Q4 2025, up from 458 in Q3 2025.
- Funds reported $3.17B of Blue Owl Capital stock for Q4 2025, down 3.3% quarter-over-quarter.
- 88 funds opened new Blue Owl Capital positions in Q4 2025 and 65 closed out, a net change of +23 holders.
- The largest Blue Owl Capital buyer in Q4 2025 was UBS Group, an estimated $31.3M added.
- The largest Blue Owl Capital seller in Q4 2025 was Trustees of Dartmouth College, an estimated $42.5M sold.
Based on aggregated 13F filings for Q4 2025.