Oaktree Specialty Lending
OCSL
193 hedge funds and large institutions have $452M invested in Oaktree Specialty Lending in 2025 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 68 increasing their positions, 58 reducing their positions, and 20 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
17% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 58
3% more funds holding
Funds holding: 188 → 193 (+5)
1.13% more ownership
Funds ownership: 36.42% → 37.55% (+1.1%)
7% less capital invested
Capital invested by funds: $484M → $452M (-$31.6M)
77% less call options, than puts
Call options by funds: $1.13M | Put options by funds: $5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Claret Asset Management
Montreal,
Quebec, Canada
|
+$24M |
| 2 |
GAM
Generali Asset Management
Trieste,
Italy
|
+$11.3M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$6.62M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.05M |
| 5 |
JVBC
J.V. Bruni & Co
Colorado Springs,
Colorado
|
+$3.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.7M |
| 2 |
Barclays
London,
United Kingdom
|
-$3.58M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$3.44M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.69M |
| 5 |
RWM
Rezny Wealth Management
Fort Myers,
Florida
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
D.E. Shaw & Co
New York
| – | -$302K | -19,670 | Closed |
|
202
Ameriprise
Minneapolis,
Minnesota
| – | -$297K | -19,338 | Closed |
|
203
Millennium Management
New York
| – | -$269K | -17,518 | Closed |
|
|
IFWM
204
Institute for Wealth Management
Denver,
Colorado
| – | -$174K | -11,346 | Closed |
|
|
SM
205
Sciencast Management
Princeton,
New Jersey
| – | -$174K | -11,300 | Closed |
|
|
TSS
206
Two Sigma Securities
New York
| – | -$162K | -10,547 | Closed |
|
|
ECM
207
EMC Capital Management
Houston,
Texas
| – | -$134K | -8,714 | Closed |
|
208
Citigroup
New York
| – | -$125K | -8,129 | Closed |
|
209
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$46.8K | -3,050 | Closed |
|
|
SW
210
SVB Wealth
Boston,
Massachusetts
| – | -$26.4K | -1,721 | Closed |
|
|
HCP
211
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$9.46K | -616 | Closed |
|
212
Fidelity Investments
Boston,
Massachusetts
| – | -$5.7K | -371 | Closed |
|
|
DB
213
Danske Bank
Copenhagen K,
Denmark
| – | -$31 | -2 | Closed |
|
OCSL Hedge Fund Activity: Q2 2025 in Review
193 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q2 2025, worth a combined $452M — down 6.5% from $484M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new OCSL positions and 20 closed out — a net gain of 8 holders — while 68 added to existing stakes and 58 trimmed.
The largest buyer was Claret Asset Management, opening a new position worth an estimated $24M. The largest seller was Osaic Holdings, cutting an estimated $4.7M.
- 193 institutional investors held Oaktree Specialty Lending (OCSL) as of Q2 2025, up from 188 in Q1 2025.
- Funds reported $452M of Oaktree Specialty Lending stock for Q2 2025, down 6.5% quarter-over-quarter.
- 28 funds opened new Oaktree Specialty Lending positions in Q2 2025 and 20 closed out, a net change of +8 holders.
- The largest Oaktree Specialty Lending buyer in Q2 2025 was Claret Asset Management, an estimated $24M added.
- The largest Oaktree Specialty Lending seller in Q2 2025 was Osaic Holdings, an estimated $4.7M sold.
Based on aggregated 13F filings for Q2 2025.