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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
AIM
151
Anchor Investment Management
South Carolina
$41.8K
HI
152
Harbour Investments
Wisconsin
$40.3K -$10.3K -748 -19%
AWM
153
Abound Wealth Management
Tennessee
$33.6K
MIM
154
MTM Investment Management
South Carolina
$32.6K
PS
155
Principal Securities
Iowa
$27.8K
WA
156
Whipplewood Advisors
Colorado
$27.7K -$979K -71,093 -97%
CIBC Private Wealth Group
157
CIBC Private Wealth Group
Georgia
$26.8K
PP
158
PFS Partners
New Jersey
$25.3K
BF
159
BOK Financial
Oklahoma
$24.8K
National Bank of Canada
160
National Bank of Canada
Quebec, Canada
$22.2K -$6.42K -466 -22%
Optiver Holding
161
Optiver Holding
Netherlands
$19.1K
EAM
162
Empirical Asset Management
Massachusetts
$16K +$220K +15,968 New
FCMT
163
Founders Capital Management (Texas)
Texas
$13.1K
KTC
164
Kentucky Trust Company
Kentucky
$13.1K
CB
165
Community Bank
New York
$9.53K
AG
166
AmeriFlex Group
Nevada
$9.43K +$5.26K +382 +112%
NSIM
167
North Star Investment Management
Illinois
$8.22K +$2.34K +170 +37%
AssetMark Inc
168
AssetMark Inc
California
$7.15K
EWA
169
EverSource Wealth Advisors
Alabama
$6.79K +$7.13K +518 +25,900%
NFSG
170
Newbridge Financial Services Group
Florida
$6.53K
Carson Wealth (CWM LLC)
171
Carson Wealth (CWM LLC)
Nebraska
$6K -$3.33K -242 -33%
AUB
172
Atlantic Union Bankshares
Virginia
$5.95K +$6.28K +456 New
SIC
173
Salem Investment Counselors
North Carolina
$3.69K
GRP
174
Global Retirement Partners
California
$2.78K -$9.12K -662 -76%
GA
175
Guerra Advisors
Florida
$1.8K +$1.9K +138 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.