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Oaktree Specialty Lending

185 hedge funds and large institutions have $442M invested in Oaktree Specialty Lending in 2025 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 67 increasing their positions, 59 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 59

0.88% more ownership

Funds ownership: 37.55%38.43% (+0.88%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less capital invested

Capital invested by funds: $452M → $442M (-$10.3M)

4% less funds holding

Funds holding: 193185 (-8)

19% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 32

30% less call options, than puts

Call options by funds: $700K | Put options by funds: $999K

Holders
185
Holders Change
-8
Holders Change %
-4.15%
% of All Funds
2.43%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
26
Increased
67
Reduced
59
Closed
32
Calls
$700K
Puts
$999K
Net Calls
-$299K
Net Calls Change
+$3.57M
Name Holding Trade Value Shares
Change
Change in
Stake
SG Americas Securities
126
SG Americas Securities
New York
$156K +$17.4K +1,265 +12%
HW
127
HORAN Wealth
Ohio
$153K
XT
128
XTX Topco
Cayman Islands
$153K +$161K +11,701 New
Envestnet Asset Management
129
Envestnet Asset Management
Illinois
$152K -$35.8K -2,600 -18%
KIC
130
Kensington Investment Counsel
California
$151K
MCI
131
MRP Capital Investments
Georgia
$146K -$12.3K -891 -8%
SWCM
132
Sullivan Wood Capital Management
District of Columbia
$140K +$148K +10,750 New
FFA
133
First Foundation Advisors
California
$138K
CCM
134
Cohen Capital Management
California
$132K +$140K +10,144 New
VM
135
VPR Management
Texas
$108K +$3.31K +240 +3%
CAM
136
Close Asset Management
United Kingdom
$97K +$16.5K +1,200 +19%
BNP Paribas Financial Markets
137
BNP Paribas Financial Markets
France
$96.6K +$102K +7,403 New
CH
138
Canton Hathaway
Rhode Island
$83K -$13.5K -980 -13%
SWM
139
Spire Wealth Management
Virginia
$78.4K +$23.4K +1,700 +39%
GWM
140
Geneos Wealth Management
Colorado
$77.5K +$992 +72 +1%
RFA
141
Register Financial Advisors
Georgia
$65.3K -$83.2K -6,043 -55%
MCM
142
MAI Capital Management
Ohio
$58.2K -$337K -24,500 -85%
FDCDDQ
143
Federation des caisses Desjardins du Quebec
Quebec, Canada
$53.7K
SOADOR
144
State of Alaska Department of Revenue
Alaska
$51K +$54.1K +3,926 New
AF
145
Allworth Financial
California
$44.6K -$909 -66 -2%
SS
146
Sunbelt Securities
Texas
$44.3K -$39.8K -2,890 -46%
Nomura Asset Management
147
Nomura Asset Management
Japan
$44.3K
Comerica Bank
148
Comerica Bank
Texas
$43.2K -$344K -24,946 -88%
SNB
149
Security National Bank
Nebraska
$42.8K +$1.05K +76 +2%
SIS
150
Sound Income Strategies
Florida
$42K +$46.1K +3,345 New

OCSL Hedge Fund Activity: Q3 2025 in Review

185 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q3 2025, worth a combined $442M — down 2.3% from $452M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of OCSL and 26 opened new positions — a net loss of 6 holders — while 59 trimmed existing stakes and 67 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $9.66M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $8.56M sold.

  • 185 institutional investors held Oaktree Specialty Lending (OCSL) as of Q3 2025, down from 193 in Q2 2025.
  • Funds reported $442M of Oaktree Specialty Lending stock for Q3 2025, down 2.3% quarter-over-quarter.
  • 26 funds opened new Oaktree Specialty Lending positions in Q3 2025 and 32 closed out, a net change of -6 holders.
  • The largest Oaktree Specialty Lending buyer in Q3 2025 was Rivernorth Capital Management, an estimated $9.66M added.
  • The largest Oaktree Specialty Lending seller in Q3 2025 was Balyasny Asset Management, an estimated $8.56M sold.

Based on aggregated 13F filings for Q3 2025.