Oaktree Specialty Lending
OCSL
139 hedge funds and large institutions have $275M invested in Oaktree Specialty Lending in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 44 increasing their positions, 47 reducing their positions, and 28 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
0.76% more ownership
Funds ownership: 14.61% → 15.37% (+0.76%)
6% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 47
5% less funds holding
Funds holding: 146 → 139 (-7)
10% less capital invested
Capital invested by funds: $306M → $275M (-$31.4M)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
71% less call options, than puts
Call options by funds: $15K | Put options by funds: $51K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMOV
Investment Management of Virginia
Richmond,
Virginia
|
+$5.03M |
| 2 |
JAM
Jacobs Asset Management
New York
|
+$4.04M |
| 3 |
JVBC
J.V. Bruni & Co
Colorado Springs,
Colorado
|
+$3.98M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$9.97M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.13M |
| 3 |
PGH
Partners Group Holding
Baar-Zug,
Switzerland
|
-$3.41M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.16M |
| 5 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$2.11M |
OCSL Hedge Fund Activity: Q4 2018 in Review
139 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q4 2018, worth a combined $275M — down 10% from $306M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of OCSL and 23 opened new positions — a net loss of 5 holders — while 47 trimmed existing stakes and 44 added.
The largest buyer was Investment Management of Virginia, adding an estimated $5.03M. The largest seller was River Road Asset Management, cutting an estimated $9.97M.
- 139 institutional investors held Oaktree Specialty Lending (OCSL) as of Q4 2018, down from 146 in Q3 2018.
- Funds reported $275M of Oaktree Specialty Lending stock for Q4 2018, down 10% quarter-over-quarter.
- 23 funds opened new Oaktree Specialty Lending positions in Q4 2018 and 28 closed out, a net change of -5 holders.
- The largest Oaktree Specialty Lending buyer in Q4 2018 was Investment Management of Virginia, an estimated $5.03M added.
- The largest Oaktree Specialty Lending seller in Q4 2018 was River Road Asset Management, an estimated $9.97M sold.
Based on aggregated 13F filings for Q4 2018.