Oaktree Specialty Lending
OCSL
149 hedge funds and large institutions have $418M invested in Oaktree Specialty Lending in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 64 increasing their positions, 43 reducing their positions, and 30 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 43
35% more call options, than puts
Call options by funds: $2.1M | Put options by funds: $1.55M
1.76% less ownership
Funds ownership: 22.72% → 20.96% (-1.8%)
7% less funds holding
Funds holding: 161 → 149 (-12)
14% less capital invested
Capital invested by funds: $484M → $418M (-$66.4M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
37% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
+$13.1M |
| 2 |
Millennium Management
New York
|
+$7.35M |
| 3 |
Two Sigma Investments
New York
|
+$6.62M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$6.08M |
| 5 |
Morgan Stanley
New York
|
+$5.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$13.4M |
| 2 |
BC
Balestra Capital
New York
|
-$11.3M |
| 3 |
VM
Varde Management
Minneapolis,
Minnesota
|
-$10.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.19M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$5.79M |
OCSL Hedge Fund Activity: Q3 2014 in Review
149 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q3 2014, worth a combined $418M — down 14% from $484M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of OCSL and 19 opened new positions — a net loss of 11 holders — while 43 trimmed existing stakes and 64 added.
The largest buyer was Delphi Financial Group, adding an estimated $13.1M. The largest seller was Northern Trust, cutting an estimated $13.4M.
- 149 institutional investors held Oaktree Specialty Lending (OCSL) as of Q3 2014, down from 161 in Q2 2014.
- Funds reported $418M of Oaktree Specialty Lending stock for Q3 2014, down 14% quarter-over-quarter.
- 19 funds opened new Oaktree Specialty Lending positions in Q3 2014 and 30 closed out, a net change of -11 holders.
- The largest Oaktree Specialty Lending buyer in Q3 2014 was Delphi Financial Group, an estimated $13.1M added.
- The largest Oaktree Specialty Lending seller in Q3 2014 was Northern Trust, an estimated $13.4M sold.
Based on aggregated 13F filings for Q3 2014.