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Oaktree Specialty Lending

178 hedge funds and large institutions have $520M invested in Oaktree Specialty Lending in 2013 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 81 increasing their positions, 39 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

123% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 13

108% more repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 39

14% more capital invested

Capital invested by funds: $454M → $520M (+$65.9M)

9% more funds holding

Funds holding: 163178 (+15)

2.58% more ownership

Funds ownership: 20.77%23.34% (+2.6%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

86% less call options, than puts

Call options by funds: $210K | Put options by funds: $1.54M

Holders
178
Holders Change
+15
Holders Change %
+9.2%
% of All Funds
5.77%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
29
Increased
81
Reduced
39
Closed
13
Calls
$210K
Puts
$1.54M
Net Calls
-$1.33M
Net Calls Change
-$1.44M
Name Holding Trade Value Shares
Change
Change in
Stake
TA
51
Teachers Advisors
New York
$1.87M +$133K +4,199 +7%
SFM
52
Soros Fund Management
New York
$1.86M +$1.91M +60,200 New
RhumbLine Advisers
53
RhumbLine Advisers
Massachusetts
$1.84M +$18.8K +593 +1%
KCM
54
Kennedy Capital Management
Missouri
$1.74M
CAN
55
Cetera Advisor Networks
California
$1.72M +$871K +27,415 +96%
Prudential Financial
56
Prudential Financial
New Jersey
$1.71M +$4.26K +134 +0.2%
Bank of America
57
Bank of America
North Carolina
$1.58M +$435K +13,700 +36%
DCM
58
Dupont Capital Management
Delaware
$1.55M
NTCOC
59
Northern Trust Company of Connecticut
Connecticut
$1.51M -$51.1K -1,609 -3%
Royal Bank of Canada
60
Royal Bank of Canada
Ontario, Canada
$1.35M -$1.63M -51,221 -54%
GC
61
Guggenheim Capital
Illinois
$1.3M -$910K -28,638 -40%
CS
62
Credit Suisse
Switzerland
$1.29M +$683K +21,491 +105%
NFA
63
Nationwide Fund Advisors
Ohio
$1.29M +$361K +11,375 +37%
JP Morgan Chase
64
JP Morgan Chase
New York
$1.22M +$259K +8,159 +26%
AIG
65
American International Group
New York
$1.14M -$28.7K -903 -2%
MLICM
66
Metropolitan Life Insurance Company (MetLife)
New York
$1.12M +$118K +3,722 +11%
PSI
67
Pinnacle Summer Investments
Virginia
$1.12M +$10.6K +333 +0.9%
State Board of Administration of Florida Retirement System
68
State Board of Administration of Florida Retirement System
Florida
$1.11M +$42.7K +1,343 +4%
PPA
69
Parametric Portfolio Associates
Washington
$1.09M +$17.6K +555 +2%
Swiss National Bank
70
Swiss National Bank
Switzerland
$1.08M +$61.4K +1,933 +6%
ANI
71
American National Insurance
Texas
$1.06M +$1.09M +34,417 New
COPPSERS
72
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.04M
CIM
73
Confluence Investment Management
Missouri
$1.04M
VanEck Associates
74
VanEck Associates
New York
$1.04M +$155K +4,871 +17%
NVIM
75
New Vernon Investment Management
Illinois
$1.03M

OCSL Hedge Fund Activity: Q3 2013 in Review

178 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q3 2013, worth a combined $520M — up 14% from $454M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new OCSL positions and 13 closed out — a net gain of 16 holders — while 81 added to existing stakes and 39 trimmed.

The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $8.17M. The largest seller was Opus Capital Group, cutting an estimated $3.84M.

  • 178 institutional investors held Oaktree Specialty Lending (OCSL) as of Q3 2013, up from 163 in Q2 2013.
  • Funds reported $520M of Oaktree Specialty Lending stock for Q3 2013, up 14% quarter-over-quarter.
  • 29 funds opened new Oaktree Specialty Lending positions in Q3 2013 and 13 closed out, a net change of +16 holders.
  • The largest Oaktree Specialty Lending buyer in Q3 2013 was Fuller & Thaler Asset Management, an estimated $8.17M added.
  • The largest Oaktree Specialty Lending seller in Q3 2013 was Opus Capital Group, an estimated $3.84M sold.

Based on aggregated 13F filings for Q3 2013.