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Oaktree Specialty Lending

193 hedge funds and large institutions have $452M invested in Oaktree Specialty Lending in 2025 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 68 increasing their positions, 58 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

40% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 20

17% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 58

3% more funds holding

Funds holding: 188193 (+5)

1.13% more ownership

Funds ownership: 36.42%37.55% (+1.1%)

7% less capital invested

Capital invested by funds: $484M → $452M (-$31.6M)

77% less call options, than puts

Call options by funds: $1.13M | Put options by funds: $5M

Holders
193
Holders Change
+5
Holders Change %
+2.66%
% of All Funds
2.54%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
28
Increased
68
Reduced
58
Closed
20
Calls
$1.13M
Puts
$5M
Net Calls
-$3.87M
Net Calls Change
-$169K
Name Holding Trade Value Shares
Change
Change in
Stake
WFG
26
Wills Financial Group
Virginia
$3.18M +$13.7K +973 +0.4%
Osaic Holdings
27
Osaic Holdings
Arizona
$3.18M -$4.7M -333,282 -59%
UAG
28
United Advisor Group
Ohio
$3.13M +$101K +7,148 +3%
RWM
29
Rezny Wealth Management
Florida
$2.57M -$1.34M -95,376 -34%
GF
30
Gabelli Funds
New York
$2.55M +$77.1K +5,467 +3%
GA
31
GraniteShares Advisors
New York
$2.51M +$162K +11,484 +7%
IAA
32
Independent Advisor Alliance
North Carolina
$2.5M -$65.6K -4,651 -2%
TI
33
Trexquant Investment
Connecticut
$2.46M -$1.34M -95,319 -35%
Loomis, Sayles & Company
34
Loomis, Sayles & Company
Massachusetts
$2.41M
NW
35
Naviter Wealth
Arkansas
$2.4M +$279K +19,790 +13%
Kovitz Investment Group Partners
36
Kovitz Investment Group Partners
Illinois
$2.29M -$40.5K -2,872 -2%
TCBWMS
37
Texas Capital Bank Wealth Management Services
Texas
$2.28M +$64.6K +4,581 +3%
AL
38
Arnhold LLC
New York
$2.08M -$141K -10,000 -6%
LPL Financial
39
LPL Financial
California
$2.05M -$136K -9,612 -6%
DA
40
Denali Advisors
California
$1.97M -$46.7K -3,311 -2%
DnB Asset Management
41
DnB Asset Management
Norway
$1.94M
CIM
42
Confluence Investment Management
Missouri
$1.87M +$9.04K +641 +0.5%
CLA
43
Carnegie Lake Advisors
New Jersey
$1.82M
HighTower Advisors
44
HighTower Advisors
Illinois
$1.81M +$201K +14,264 +12%
Bank of America
45
Bank of America
North Carolina
$1.7M -$485K -34,438 -22%
Two Sigma Investments
46
Two Sigma Investments
New York
$1.65M -$791K -56,095 -32%
Mariner
47
Mariner
Kansas
$1.51M +$175K +12,405 +13%
RRA
48
Round Rock Advisors
Connecticut
$1.47M -$1.9K -135 -0.1%
Lido Advisors
49
Lido Advisors
California
$1.45M -$142K -10,107 -9%
TCM
50
TT Capital Management
California
$1.43M +$104K +7,363 +8%

OCSL Hedge Fund Activity: Q2 2025 in Review

193 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q2 2025, worth a combined $452M — down 6.5% from $484M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new OCSL positions and 20 closed out — a net gain of 8 holders — while 68 added to existing stakes and 58 trimmed.

The largest buyer was Claret Asset Management, opening a new position worth an estimated $24M. The largest seller was Osaic Holdings, cutting an estimated $4.7M.

  • 193 institutional investors held Oaktree Specialty Lending (OCSL) as of Q2 2025, up from 188 in Q1 2025.
  • Funds reported $452M of Oaktree Specialty Lending stock for Q2 2025, down 6.5% quarter-over-quarter.
  • 28 funds opened new Oaktree Specialty Lending positions in Q2 2025 and 20 closed out, a net change of +8 holders.
  • The largest Oaktree Specialty Lending buyer in Q2 2025 was Claret Asset Management, an estimated $24M added.
  • The largest Oaktree Specialty Lending seller in Q2 2025 was Osaic Holdings, an estimated $4.7M sold.

Based on aggregated 13F filings for Q2 2025.