Oaktree Specialty Lending
OCSL
147 hedge funds and large institutions have $347M invested in Oaktree Specialty Lending in 2019 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 38 reducing their positions, and 15 closing their positions.
123% more call options, than puts
Call options by funds: $413K | Put options by funds: $185K
53% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 15
45% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 38
26% more capital invested
Capital invested by funds: $275M → $347M (+$72.3M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
6% more funds holding
Funds holding: 139 → 147 (+8)
0.85% more ownership
Funds ownership: 15.37% → 16.22% (+0.85%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMOV
Investment Management of Virginia
Richmond,
Virginia
|
+$6.39M |
| 2 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$5.79M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$5.41M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.33M |
| 5 |
CIC
Carnegie Investment Counsel
Pepper Pike,
Ohio
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$8.52M |
| 2 |
BAM
Bayview Asset Management
Coral Gables,
Florida
|
-$4.23M |
| 3 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
-$2.06M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.21M |
| 5 |
RA
Royce & Associates
New York
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
151
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$107K | -8,467 | Closed |
|
152
Brown Advisory
Baltimore,
Maryland
| – | -$107K | -8,400 | Closed |
|
|
GAMC
153
Garner Asset Management Corp
Plano,
Texas
| – | -$88K | -6,941 | Closed |
|
154
Jane Street
New York
| – | -$76K | -5,957 | Closed |
|
|
WAM
155
Wolverine Asset Management
Chicago,
Illinois
| – | -$69K | -5,473 | Closed |
|
|
CA
156
Claro Advisors
Boston,
Massachusetts
| – | -$19K | -1,300 | Closed |
|
|
IA
157
IFP Advisors
Tampa,
Florida
| – | -$5K | -364 | Closed |
|
158
Simplex Trading
Chicago,
Illinois
| – | -$4.61K | -309 | Closed |
|
159
Fidelity Investments
Boston,
Massachusetts
| – | -$15 | -1 | Closed |
|
OCSL Hedge Fund Activity: Q1 2019 in Review
147 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q1 2019, worth a combined $347M — up 26% from $275M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new OCSL positions and 15 closed out — a net gain of 8 holders — while 55 added to existing stakes and 38 trimmed.
The largest buyer was Investment Management of Virginia, adding an estimated $6.39M. The largest seller was Ares Management, cutting an estimated $8.52M.
- 147 institutional investors held Oaktree Specialty Lending (OCSL) as of Q1 2019, up from 139 in Q4 2018.
- Funds reported $347M of Oaktree Specialty Lending stock for Q1 2019, up 26% quarter-over-quarter.
- 23 funds opened new Oaktree Specialty Lending positions in Q1 2019 and 15 closed out, a net change of +8 holders.
- The largest Oaktree Specialty Lending buyer in Q1 2019 was Investment Management of Virginia, an estimated $6.39M added.
- The largest Oaktree Specialty Lending seller in Q1 2019 was Ares Management, an estimated $8.52M sold.
Based on aggregated 13F filings for Q1 2019.