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Oaktree Specialty Lending

149 hedge funds and large institutions have $418M invested in Oaktree Specialty Lending in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 64 increasing their positions, 43 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 43

35% more call options, than puts

Call options by funds: $2.1M | Put options by funds: $1.55M

1.76% less ownership

Funds ownership: 22.72%20.96% (-1.8%)

7% less funds holding

Funds holding: 161149 (-12)

14% less capital invested

Capital invested by funds: $484M → $418M (-$66.4M)

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

37% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 30

Holders
149
Holders Change
-12
Holders Change %
-7.45%
% of All Funds
4.32%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.2%
New
19
Increased
64
Reduced
43
Closed
30
Calls
$2.1M
Puts
$1.55M
Net Calls
+$546K
Net Calls Change
-$746K
Name Holding Trade Value Shares
Change
Change in
Stake
Susquehanna International Group
26
Susquehanna International Group
Pennsylvania
$4.07M +$362K +12,411 +9%
TFMS
27
Trust & Fiduciary Management Services
Massachusetts
$4.06M +$613K +20,987 +17%
GC
28
Guggenheim Capital
Illinois
$3.28M -$4.83M -165,473 -58%
Citigroup
29
Citigroup
New York
$3.23M +$1.42M +48,464 +71%
Wells Fargo
30
Wells Fargo
California
$3.2M -$26.6K -911 -0.8%
EI
31
Excelsia Inc
Georgia
$3.16M -$114K -3,903 -3%
CFA
32
Carroll Financial Associates
North Carolina
$3.15M +$224K +7,666 +7%
Two Sigma Advisers
33
Two Sigma Advisers
New York
$3.13M +$3.32M +113,611 New
NVIM
34
New Vernon Investment Management
Illinois
$2.92M +$487K +16,667 +19%
BFIC
35
Bedell Frazier Investment Counselling
California
$2.82M +$2.3M +78,616 +330%
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$2.74M +$1.31M +44,974 +83%
RJA
37
Raymond James & Associates
Florida
$2.67M -$612K -20,954 -18%
Robeco Institutional Asset Management
38
Robeco Institutional Asset Management
Netherlands
$2.61M
VanEck Associates
39
VanEck Associates
New York
$2.23M -$23.5K -803 -1%
MIG
40
Mariner Investment Group
New York
$2.16M +$2.29M +78,333 New
CAN
41
Cetera Advisor Networks
California
$2.06M +$97.3K +3,333 +5%
MAA
42
Managed Account Advisors
New Jersey
$2.05M +$209K +7,167 +11%
NCCM
43
Nine Chapters Capital Management
New Jersey
$1.98M +$2.1M +71,967 New
Janney Montgomery Scott
44
Janney Montgomery Scott
Pennsylvania
$1.8M +$952K +32,586 +100%
New York State Common Retirement Fund
45
New York State Common Retirement Fund
New York
$1.8M +$196K +6,697 +11%
State Street
46
State Street
Massachusetts
$1.53M -$257K -8,794 -14%
Legal & General Group
47
Legal & General Group
United Kingdom
$1.28M +$156K +5,326 +13%
AIM
48
Allen Investment Management
New York
$1.27M +$794K +27,198 +145%
Neuberger Berman Group
49
Neuberger Berman Group
New York
$1.05M +$905K +31,000 +423%
ICAS
50
Investors Capital Advisory Services
Massachusetts
$1.03M -$706K -24,173 -39%

OCSL Hedge Fund Activity: Q3 2014 in Review

149 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q3 2014, worth a combined $418M — down 14% from $484M a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of OCSL and 19 opened new positions — a net loss of 11 holders — while 43 trimmed existing stakes and 64 added.

The largest buyer was Delphi Financial Group, adding an estimated $13.1M. The largest seller was Northern Trust, cutting an estimated $13.4M.

  • 149 institutional investors held Oaktree Specialty Lending (OCSL) as of Q3 2014, down from 161 in Q2 2014.
  • Funds reported $418M of Oaktree Specialty Lending stock for Q3 2014, down 14% quarter-over-quarter.
  • 19 funds opened new Oaktree Specialty Lending positions in Q3 2014 and 30 closed out, a net change of -11 holders.
  • The largest Oaktree Specialty Lending buyer in Q3 2014 was Delphi Financial Group, an estimated $13.1M added.
  • The largest Oaktree Specialty Lending seller in Q3 2014 was Northern Trust, an estimated $13.4M sold.

Based on aggregated 13F filings for Q3 2014.