Oaktree Specialty Lending
OCSL
187 hedge funds and large institutions have $498M invested in Oaktree Specialty Lending in 2013 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 72 increasing their positions, 53 reducing their positions, and 24 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
46% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 24
36% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 53
5% more funds holding
Funds holding: 178 → 187 (+9)
1.5% more ownership
Funds ownership: 23.34% → 24.84% (+1.5%)
4% less capital invested
Capital invested by funds: $520M → $498M (-$22M)
85% less call options, than puts
Call options by funds: $335K | Put options by funds: $2.19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Balestra Capital
New York
|
+$31.6M |
| 2 |
Two Sigma Investments
New York
|
+$8.79M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$6.94M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$5.23M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$4.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$8.88M |
| 2 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
-$6.35M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$5.65M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$4.26M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFS
201
VSR Financial Services
Overland Park,
Kansas
| – | -$341K | -11,045 | Closed |
|
202
SG Americas Securities
New York
| – | -$257K | -8,314 | Closed |
|
203
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$192K | -6,233 | Closed |
|
204
Franklin Resources
San Mateo,
California
| – | -$147K | -4,767 | Closed |
|
|
SAM
205
Shikiar Asset Management
New York
| – | -$103K | -3,333 | Closed |
|
|
STC
206
SEI Trust Company
Oaks,
Pennsylvania
| – | -$90K | -2,900 | Closed |
|
|
MOACM
207
Mutual of America Capital Management
New York
| – | -$64K | -2,081 | Closed |
|
|
EFSCE
208
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$23K | -732 | Closed |
|
|
TF
209
Tompkins Financial
Ithaca,
New York
| – | -$10K | -333 | Closed |
|
|
MIM
210
Macroview Investment Management
Bethesda,
Maryland
| – | -$9K | -300 | Closed |
|
OCSL Hedge Fund Activity: Q4 2013 in Review
187 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q4 2013, worth a combined $498M — down 4.2% from $520M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new OCSL positions and 24 closed out — a net gain of 11 holders — while 72 added to existing stakes and 53 trimmed.
The largest buyer was Balestra Capital, opening a new position worth an estimated $31.6M. The largest seller was Opus Capital Group, cutting an estimated $8.88M.
- 187 institutional investors held Oaktree Specialty Lending (OCSL) as of Q4 2013, up from 178 in Q3 2013.
- Funds reported $498M of Oaktree Specialty Lending stock for Q4 2013, down 4.2% quarter-over-quarter.
- 35 funds opened new Oaktree Specialty Lending positions in Q4 2013 and 24 closed out, a net change of +11 holders.
- The largest Oaktree Specialty Lending buyer in Q4 2013 was Balestra Capital, an estimated $31.6M added.
- The largest Oaktree Specialty Lending seller in Q4 2013 was Opus Capital Group, an estimated $8.88M sold.
Based on aggregated 13F filings for Q4 2013.