Oaktree Specialty Lending
OCSL
135 hedge funds and large institutions have $246M invested in Oaktree Specialty Lending in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 29 increasing their positions, 53 reducing their positions, and 25 closing their positions.
3% more call options, than puts
Call options by funds: $549K | Put options by funds: $533K
0% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 25
2% less funds holding
Funds holding: 138 → 135 (-3)
6.98% less ownership
Funds ownership: 29.59% → 22.61% (-7%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
36% less capital invested
Capital invested by funds: $386M → $246M (-$140M)
45% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$9.04M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.17M |
| 3 |
PCIG
Partners Capital Investment Group
Boston,
Massachusetts
|
+$3.09M |
| 4 |
JP Morgan Chase
New York
|
+$2.2M |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$51.2M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$12.5M |
| 3 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
-$9.9M |
| 4 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$7.87M |
| 5 |
CHA
Cedar Hill Associates
Chicago,
Illinois
|
-$7.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
151
IFP Advisors
Tampa,
Florida
| – | -$50K | -2,600 | Closed |
|
|
AFP
152
Ausdal Financial Partners
Davenport,
Iowa
| – | -$26K | -1,333 | Closed |
|
153
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$23K | -1,181 | Closed |
|
|
CCS
154
Crosspoint Capital Strategies
Orinda,
California
| – | -$7K | -287 | Closed |
|
|
S
155
SignatureFD
Atlanta,
Georgia
| – | -$5K | -267 | Closed |
|
156
SEI Investments
Oaks,
Pennsylvania
| – | -$3K | -133 | Closed |
|
|
CGT
157
Capital Guardian Trust
Los Angeles,
California
| – | -$1K | -61 | Closed |
|
158
Barclays
London,
United Kingdom
| – | +$78 | +5 | New |
|
OCSL Hedge Fund Activity: Q1 2016 in Review
135 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q1 2016, worth a combined $246M — down 36% from $386M a quarter earlier.
Fund positioning in OCSL was balanced in Q1 2016: 25 funds opened new positions, 25 closed out, 29 added to existing stakes and 53 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $9.04M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $51.2M sold.
- 135 institutional investors held Oaktree Specialty Lending (OCSL) as of Q1 2016, down from 138 in Q4 2015.
- Funds reported $246M of Oaktree Specialty Lending stock for Q1 2016, down 36% quarter-over-quarter.
- 25 funds opened new Oaktree Specialty Lending positions in Q1 2016 and 25 closed out, a net change of 0 holders.
- The largest Oaktree Specialty Lending buyer in Q1 2016 was Goldman Sachs, an estimated $9.04M added.
- The largest Oaktree Specialty Lending seller in Q1 2016 was Rivernorth Capital Management, an estimated $51.2M sold.
Based on aggregated 13F filings for Q1 2016.