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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
CBOA
101
Commonwealth Bank of Australia
Australia
$519K
Bank of Montreal
102
Bank of Montreal
Ontario, Canada
$513K
JG
103
Jefferies Group
New York
$485K +$500K +15,731 New
CHAM
104
Clear Harbor Asset Management
Connecticut
$483K +$2.13K +67 +0.4%
NCCM
105
Nine Chapters Capital Management
New Jersey
$480K -$1.23M -38,800 -71%
Citigroup
106
Citigroup
New York
$475K -$282K -8,862 -37%
BAS
107
Brown Advisory Securities
Maryland
$463K -$9.97K -314 -2%
UBS AM
108
UBS AM
Illinois
$412K
RA
109
Rational Advisors
New York
$411K
LPL Financial
110
LPL Financial
California
$411K +$148K +4,652 +52%
Jane Street
111
Jane Street
New York
$410K +$422K +13,275 New
Macquarie Group
112
Macquarie Group
Australia
$409K
IAM
113
Integre Asset Management
New York
$394K +$1.84K +58 +0.5%
BNP Paribas Financial Markets
114
BNP Paribas Financial Markets
France
$387K -$55.9K -1,759 -12%
GCP
115
GSA Capital Partners
United Kingdom
$379K -$18.7K -590 -5%
NSCM
116
New South Capital Management
Tennessee
$361K
DIA
117
Dean Investment Associates
Ohio
$342K +$37.3K +1,173 +12%
VFS
118
VSR Financial Services
Kansas
$341K -$40.3K -1,267 -10%
NPC
119
National Planning Corporation
California
$339K -$5.3K -167 -1%
Grantham, Mayo, Van Otterloo & Co (GMO)
120
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$338K -$83.7K -2,634 -19%
Principal Financial Group
121
Principal Financial Group
Iowa
$338K -$22.3K -702 -6%
AG
122
Aperio Group
California
$323K +$57.1K +1,797 +21%
Cambridge Investment Research Advisors
123
Cambridge Investment Research Advisors
Iowa
$312K +$197K +6,199 +159%
Ameriprise
124
Ameriprise
Minnesota
$307K +$6.13K +193 +2%
Comerica Bank
125
Comerica Bank
Texas
$299K -$216K -6,807 -41%

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.