Oaktree Specialty Lending
OCSL
138 hedge funds and large institutions have $386M invested in Oaktree Specialty Lending in 2015 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 48 increasing their positions, 44 reducing their positions, and 30 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
10% more capital invested
Capital invested by funds: $351M → $386M (+$34.9M)
2.04% more ownership
Funds ownership: 27.55% → 29.59% (+2%)
9% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 44
3% more call options, than puts
Call options by funds: $329K | Put options by funds: $320K
7% less funds holding
Funds holding: 149 → 138 (-11)
30% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$21.2M |
| 2 |
Goldman Sachs
New York
|
+$12.4M |
| 3 |
HCM
Highbridge Capital Management
New York
|
+$9.21M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.36M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$8.8M |
| 2 |
Morgan Stanley
New York
|
-$8.31M |
| 3 |
Millennium Management
New York
|
-$6.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.51M |
| 5 |
Citigroup
New York
|
-$4.66M |
OCSL Hedge Fund Activity: Q4 2015 in Review
138 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q4 2015, worth a combined $386M — up 10% from $351M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of OCSL and 21 opened new positions — a net loss of 9 holders — while 44 trimmed existing stakes and 48 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $21.2M. The largest seller was Bank of America, cutting an estimated $8.8M.
- 138 institutional investors held Oaktree Specialty Lending (OCSL) as of Q4 2015, down from 149 in Q3 2015.
- Funds reported $386M of Oaktree Specialty Lending stock for Q4 2015, up 10% quarter-over-quarter.
- 21 funds opened new Oaktree Specialty Lending positions in Q4 2015 and 30 closed out, a net change of -9 holders.
- The largest Oaktree Specialty Lending buyer in Q4 2015 was Rivernorth Capital Management, an estimated $21.2M added.
- The largest Oaktree Specialty Lending seller in Q4 2015 was Bank of America, an estimated $8.8M sold.
Based on aggregated 13F filings for Q4 2015.