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Oaktree Specialty Lending

185 hedge funds and large institutions have $442M invested in Oaktree Specialty Lending in 2025 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 67 increasing their positions, 59 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 59

0.88% more ownership

Funds ownership: 37.55%38.43% (+0.88%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less capital invested

Capital invested by funds: $452M → $442M (-$10.3M)

4% less funds holding

Funds holding: 193185 (-8)

19% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 32

30% less call options, than puts

Call options by funds: $700K | Put options by funds: $999K

Holders
185
Holders Change
-8
Holders Change %
-4.15%
% of All Funds
2.43%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
26
Increased
67
Reduced
59
Closed
32
Calls
$700K
Puts
$999K
Net Calls
-$299K
Net Calls Change
+$3.57M
Name Holding Trade Value Shares
Change
Change in
Stake
SIC
51
Samalin Investment Counsel
New York
$1.25M +$116K +8,434 +10%
Commonwealth Equity Services
52
Commonwealth Equity Services
Massachusetts
$1.19M -$55.7K -4,045 -4%
Northern Trust
53
Northern Trust
Illinois
$1.1M +$51.3K +3,727 +5%
State Street
54
State Street
Massachusetts
$1.06M +$30.8K +2,234 +3%
VIA
55
Virtus Investment Advisers
Connecticut
$1.04M -$48.4K -3,514 -4%
FFG
56
Fiduciary Financial Group
California
$1.03M +$256K +18,600 +31%
Raymond James Financial
57
Raymond James Financial
Florida
$968K +$83.9K +6,092 +9%
BTI
58
Blue Trust Inc
Georgia
$939K +$45.4K +3,300 +5%
WIA
59
Wealthedge Investment Advisors
New York
$927K -$355K -25,766 -27%
CAU
60
Caxton Associates (UK)
$833K +$229K +16,605 +35%
IA
61
Icon Advisers
Colorado
$786K +$829K +60,226 New
Simplex Trading
62
Simplex Trading
Illinois
$782K +$825K +59,929 New
HWAM
63
Hennion & Walsh Asset Management
New Jersey
$720K -$531K -38,574 -41%
Marshall Wace
64
Marshall Wace
United Kingdom
$707K +$498K +36,137 +201%
ACM
65
Aquatic Capital Management
Illinois
$706K +$745K +54,073 New
Brown Advisory
66
Brown Advisory
Maryland
$705K
CA
67
Cornerstone Advisory
Maryland
$687K -$477K -34,648 -40%
Jane Street
68
Jane Street
New York
$677K +$559K +40,592 +360%
AG
69
AlTi Global
New York
$674K
Creative Planning
70
Creative Planning
Kansas
$664K -$30.5K -2,212 -4%
SSA
71
Schonfeld Strategic Advisors
New York
$608K +$641K +46,567 New
D.E. Shaw & Co
72
D.E. Shaw & Co
New York
$569K +$600K +43,585 New
BI
73
Bramshill Investments
Florida
$569K -$14.2K -1,030 -2%
Stifel Financial
74
Stifel Financial
Missouri
$553K -$41.3K -2,996 -7%
AWM
75
Avaii Wealth Management
Wisconsin
$549K +$191K +13,852 +49%

OCSL Hedge Fund Activity: Q3 2025 in Review

185 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q3 2025, worth a combined $442M — down 2.3% from $452M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of OCSL and 26 opened new positions — a net loss of 6 holders — while 59 trimmed existing stakes and 67 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $9.66M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $8.56M sold.

  • 185 institutional investors held Oaktree Specialty Lending (OCSL) as of Q3 2025, down from 193 in Q2 2025.
  • Funds reported $442M of Oaktree Specialty Lending stock for Q3 2025, down 2.3% quarter-over-quarter.
  • 26 funds opened new Oaktree Specialty Lending positions in Q3 2025 and 32 closed out, a net change of -6 holders.
  • The largest Oaktree Specialty Lending buyer in Q3 2025 was Rivernorth Capital Management, an estimated $9.66M added.
  • The largest Oaktree Specialty Lending seller in Q3 2025 was Balyasny Asset Management, an estimated $8.56M sold.

Based on aggregated 13F filings for Q3 2025.