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Oaktree Specialty Lending

151 hedge funds and large institutions have $389M invested in Oaktree Specialty Lending in 2014 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 47 increasing their positions, 56 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 26

1.44% more ownership

Funds ownership: 20.96%22.4% (+1.4%)

1% more funds holding

Funds holding: 149151 (+2)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

7% less capital invested

Capital invested by funds: $418M → $389M (-$28.1M)

16% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 56

59% less call options, than puts

Call options by funds: $481K | Put options by funds: $1.17M

Holders
151
Holders Change
+2
Holders Change %
+1.34%
% of All Funds
4.03%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.19%
New
29
Increased
47
Reduced
56
Closed
26
Calls
$481K
Puts
$1.17M
Net Calls
-$691K
Net Calls Change
-$1.24M
Name Holding Trade Value Shares
Change
Change in
Stake
DFG
1
Delphi Financial Group
Delaware
$36.4M +$8.61M +333,078 +28%
UBS Group
2
UBS Group
Switzerland
$26.4M +$28.4M +1,098,531 New
Citadel Advisors
3
Citadel Advisors
Florida
$22M +$1.8M +69,773 +8%
AAM
4
Advisors Asset Management
Colorado
$20M +$1.04M +40,406 +5%
Fuller & Thaler Asset Management
5
Fuller & Thaler Asset Management
California
$17.7M +$4.22M +163,169 +28%
LCP
6
Lombardia Capital Partners
California
$17.1M +$3.04M +117,465 +20%
Deutsche Bank
7
Deutsche Bank
Germany
$16.7M +$13.2M +510,174 +277%
ACM
8
Advisors Capital Management
New Jersey
$15.5M +$1.21M +46,820 +8%
Millennium Management
9
Millennium Management
New York
$15.2M +$8.59M +332,281 +111%
PAM
10
PVG Asset Management
Colorado
$13.5M +$14.5M +561,296 New
Morgan Stanley
11
Morgan Stanley
New York
$12.4M -$4.02M -155,391 -23%
Boston Partners
12
Boston Partners
Massachusetts
$12.3M -$801K -30,961 -6%
YMRC
13
Yorktown Management & Research Company
Virginia
$10.4M
Two Sigma Investments
14
Two Sigma Investments
New York
$10.1M +$2.24M +86,782 +26%
Bank of America
15
Bank of America
North Carolina
$9.87M +$1.87M +72,142 +21%
CHA
16
Cedar Hill Associates
Illinois
$9.43M -$4.05M -156,598 -29%
MC
17
Muzinich & Co
New York
$7.6M +$8.17M +316,118 New
Invesco
18
Invesco
Georgia
$5.91M -$520K -20,124 -8%
SAM
19
Selway Asset Management
$5.87M +$652K +25,217 +12%
BG
20
BlackRock Group
United Kingdom
$5.29M -$816K -31,549 -13%
CS
21
Credit Suisse
Switzerland
$4.63M +$665K +25,728 +15%
Norges Bank
22
Norges Bank
Norway
$4.25M -$360K -13,939 -7%
BC
23
Balestra Capital
New York
$3.92M -$3.83M -148,187 -48%
TFMS
24
Trust & Fiduciary Management Services
Massachusetts
$3.44M -$109K -4,234 -3%
GC
25
Guggenheim Capital
Illinois
$3.31M +$481K +18,606 +16%

OCSL Hedge Fund Activity: Q4 2014 in Review

151 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q4 2014, worth a combined $389M — down 6.7% from $418M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new OCSL positions and 26 closed out — a net gain of 3 holders — while 47 added to existing stakes and 56 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $13.2M. The largest seller was Greenlight Capital, exiting entirely with an estimated $18.3M sold.

  • 151 institutional investors held Oaktree Specialty Lending (OCSL) as of Q4 2014, up from 149 in Q3 2014.
  • Funds reported $389M of Oaktree Specialty Lending stock for Q4 2014, down 6.7% quarter-over-quarter.
  • 29 funds opened new Oaktree Specialty Lending positions in Q4 2014 and 26 closed out, a net change of +3 holders.
  • The largest Oaktree Specialty Lending buyer in Q4 2014 was Deutsche Bank, an estimated $13.2M added.
  • The largest Oaktree Specialty Lending seller in Q4 2014 was Greenlight Capital, an estimated $18.3M sold.

Based on aggregated 13F filings for Q4 2014.