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Oaktree Specialty Lending

149 hedge funds and large institutions have $418M invested in Oaktree Specialty Lending in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 64 increasing their positions, 43 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 43

35% more call options, than puts

Call options by funds: $2.1M | Put options by funds: $1.55M

1.76% less ownership

Funds ownership: 22.72%20.96% (-1.8%)

7% less funds holding

Funds holding: 161149 (-12)

14% less capital invested

Capital invested by funds: $484M → $418M (-$66.4M)

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

37% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 30

Holders
149
Holders Change
-12
Holders Change %
-7.45%
% of All Funds
4.32%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.2%
New
19
Increased
64
Reduced
43
Closed
30
Calls
$2.1M
Puts
$1.55M
Net Calls
+$546K
Net Calls Change
-$746K
Name Holding Trade Value Shares
Change
Change in
Stake
EFS
126
Essex Financial Services
Connecticut
$102K
COI
127
Connable Office Inc
Michigan
$99K -$34.4K -1,179 -25%
CIA
128
Capital Investment Advisors
Georgia
$97K
Tudor Investment Corp
129
Tudor Investment Corp
Connecticut
$93K +$99K +3,391 New
FFA
130
First Foundation Advisors
California
$92K
HI
131
HBK Investments
Texas
$92K +$97.3K +3,333 New
QT
132
Quantbot Technologies
New York
$58K +$16.5K +565 +36%
HHMI
133
Howard Hughes Medical Institute
Maryland
$46K +$23K +788 +89%
EFSCE
134
Enterprise Financial Services Corp (EFSC)
Missouri
$39K
US Bancorp
135
US Bancorp
Minnesota
$37K
PNC Financial Services Group
136
PNC Financial Services Group
Pennsylvania
$27K
NFG
137
Next Financial Group
Texas
$26K +$9.35K +320 +51%
WA
138
WFG Advisors
Texas
$23K -$7.36K -252 -24%
WF
139
WealthTrust Fairport
Ohio
$19K +$20.4K +697 New
PSC
140
Prentiss Smith & Co
Vermont
$18K
GAM
141
Gemmer Asset Management
California
$18K +$19.5K +667 New
FFC
142
First Financial Corp
Indiana
$13K +$14K +480 New
DAM
143
Delta Asset Management
Tennessee
$9K
TRCT
144
Tower Research Capital (TRC)
New York
$8K +$8.27K +283 New
WAS
145
Winch Advisory Services
Wisconsin
$2K
Northwestern Mutual Wealth Management
146
Northwestern Mutual Wealth Management
Wisconsin
$1K +$964 +33 New
Manulife (Manufacturers Life Insurance)
147
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$112 -$23.5K -805 -16%
VM
148
Varde Management
Minnesota
-$10.2M -345,018 Closed
PP
149
Paloma Partners
Connecticut
-$5.79M -196,317 Closed
MPM
150
Meritage Portfolio Management
Kansas
-$4.59M -155,820 Closed

OCSL Hedge Fund Activity: Q3 2014 in Review

149 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q3 2014, worth a combined $418M — down 14% from $484M a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of OCSL and 19 opened new positions — a net loss of 11 holders — while 43 trimmed existing stakes and 64 added.

The largest buyer was Delphi Financial Group, adding an estimated $13.1M. The largest seller was Northern Trust, cutting an estimated $13.4M.

  • 149 institutional investors held Oaktree Specialty Lending (OCSL) as of Q3 2014, down from 161 in Q2 2014.
  • Funds reported $418M of Oaktree Specialty Lending stock for Q3 2014, down 14% quarter-over-quarter.
  • 19 funds opened new Oaktree Specialty Lending positions in Q3 2014 and 30 closed out, a net change of -11 holders.
  • The largest Oaktree Specialty Lending buyer in Q3 2014 was Delphi Financial Group, an estimated $13.1M added.
  • The largest Oaktree Specialty Lending seller in Q3 2014 was Northern Trust, an estimated $13.4M sold.

Based on aggregated 13F filings for Q3 2014.