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Oaktree Specialty Lending

187 hedge funds and large institutions have $498M invested in Oaktree Specialty Lending in 2013 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 72 increasing their positions, 53 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

46% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 24

36% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 53

5% more funds holding

Funds holding: 178187 (+9)

1.5% more ownership

Funds ownership: 23.34%24.84% (+1.5%)

4% less capital invested

Capital invested by funds: $520M → $498M (-$22M)

85% less call options, than puts

Call options by funds: $335K | Put options by funds: $2.19M

Holders
187
Holders Change
+9
Holders Change %
+5.06%
% of All Funds
5.43%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.15%
New
35
Increased
72
Reduced
53
Closed
24
Calls
$335K
Puts
$2.19M
Net Calls
-$1.85M
Net Calls Change
-$519K
Name Holding Trade Value Shares
Change
Change in
Stake
NTCOC
76
Northern Trust Company of Connecticut
Connecticut
$949K -$432K -14,604 -30%
NVIM
77
New Vernon Investment Management
Illinois
$925K
MIG
78
Mariner Investment Group
New York
$922K +$983K +33,219 New
Barclays
79
Barclays
United Kingdom
$895K +$309K +10,461 +46%
Tudor Investment Corp
80
Tudor Investment Corp
Connecticut
$745K +$794K +26,832 New
Geode Capital Management
81
Geode Capital Management
Massachusetts
$714K +$106K +3,597 +16%
OWIM
82
Old West Investment Management
California
$693K
CA
83
Corrado Advisors
New Jersey
$688K +$161K +5,430 +28%
Citigroup
84
Citigroup
New York
$652K +$239K +8,093 +53%
BA
85
BlackRock Advisors
Delaware
$628K +$53.1K +1,794 +9%
CBOA
86
Commonwealth Bank of Australia
Australia
$601K +$143K +4,834 +29%
ICAS
87
Investors Capital Advisory Services
Massachusetts
$574K -$46.7K -1,580 -7%
DCM
88
Dupont Capital Management
Delaware
$564K -$885K -29,907 -60%
OIA
89
Optimum Investment Advisors
Illinois
$558K
ANRIA
90
American National Registered Investment Advisor
Texas
$551K +$396K +13,383 +207%
PRCM
91
Pine River Capital Management
Minnesota
$531K
FNYS
92
First New York Securities
New York
$524K +$559K +18,900 New
BRWA
93
B. Riley Wealth Advisors
Florida
$522K -$11K -373 -2%
PG
94
PEAK6 Group
Illinois
$515K +$134K +4,515 +32%
DCM
95
Dialectic Capital Management
Connecticut
$509K -$1.92M -65,000 -78%
AL
96
Airain Ltd
Guernsey
$501K -$163K -5,511 -23%
MCM
97
McGlinn Capital Management
Pennsylvania
$500K +$444K +15,000 +500%
BIG
98
Blackthorn Investment Group
Kansas
$496K +$528K +17,863 New
VKH
99
Virtu KCG Holdings
New York
$488K -$418K -14,132 -45%
Ameriprise
100
Ameriprise
Minnesota
$487K +$224K +7,578 +76%

OCSL Hedge Fund Activity: Q4 2013 in Review

187 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q4 2013, worth a combined $498M — down 4.2% from $520M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new OCSL positions and 24 closed out — a net gain of 11 holders — while 72 added to existing stakes and 53 trimmed.

The largest buyer was Balestra Capital, opening a new position worth an estimated $31.6M. The largest seller was Opus Capital Group, cutting an estimated $8.88M.

  • 187 institutional investors held Oaktree Specialty Lending (OCSL) as of Q4 2013, up from 178 in Q3 2013.
  • Funds reported $498M of Oaktree Specialty Lending stock for Q4 2013, down 4.2% quarter-over-quarter.
  • 35 funds opened new Oaktree Specialty Lending positions in Q4 2013 and 24 closed out, a net change of +11 holders.
  • The largest Oaktree Specialty Lending buyer in Q4 2013 was Balestra Capital, an estimated $31.6M added.
  • The largest Oaktree Specialty Lending seller in Q4 2013 was Opus Capital Group, an estimated $8.88M sold.

Based on aggregated 13F filings for Q4 2013.