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Oaktree Specialty Lending

131 hedge funds and large institutions have $259M invested in Oaktree Specialty Lending in 2016 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 34 increasing their positions, 45 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 16

14% more capital invested

Capital invested by funds: $227M → $259M (+$32M)

2% more funds holding

Funds holding: 128131 (+3)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

1% less ownership

Funds ownership: 21.46%20.47% (-1%)

24% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 45

97% less call options, than puts

Call options by funds: $6K | Put options by funds: $172K

Holders
131
Holders Change
+3
Holders Change %
+2.34%
% of All Funds
3.5%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
21
Increased
34
Reduced
45
Closed
16
Calls
$6K
Puts
$172K
Net Calls
-$166K
Net Calls Change
-$481K
Name Holding Trade Value Shares
Change
Change in
Stake
Fuller & Thaler Asset Management
1
Fuller & Thaler Asset Management
California
$26.9M -$975K -56,819 -4%
Goldman Sachs
2
Goldman Sachs
New York
$23.1M +$145K +8,432 +0.6%
Manulife (Manufacturers Life Insurance)
3
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$21.8M +$5.11K +298 +0%
ACM
4
Advisors Capital Management
New Jersey
$20.5M -$837K -48,777 -4%
DFG
5
Delphi Financial Group
Delaware
$17.4M -$5.23M -304,572 -23%
AM
6
Ares Management
California
$10.9M +$5.68M +331,233 +113%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$9.68M -$22.5K -1,312 -0.2%
MC
8
Muzinich & Co
New York
$8.7M +$2.08M +121,078 +32%
UBS Group
9
UBS Group
Switzerland
$7.52M -$533K -31,033 -7%
MP
10
Mangrove Partners
Connecticut
$6.76M -$1.13M -65,614 -14%
AL
11
AJO LP
Pennsylvania
$5.92M +$5.83M +339,841 New
Bank of America
12
Bank of America
North Carolina
$5.8M -$324K -18,870 -5%
Morgan Stanley
13
Morgan Stanley
New York
$5.36M -$1.61M -93,542 -23%
GIM
14
Greenwich Investment Management
Connecticut
$4.43M +$1.08M +63,172 +33%
Millennium Management
15
Millennium Management
New York
$4.38M +$2.33M +136,056 +118%
RJA
16
Raymond James & Associates
Florida
$3.73M +$3.34M +194,753 +1,019%
JP Morgan Chase
17
JP Morgan Chase
New York
$3.58M +$382K +22,254 +12%
BG
18
BlackRock Group
United Kingdom
$3.51M -$1.15M -67,075 -25%
AAM
19
Advisors Asset Management
Colorado
$3.51M -$3.17M -184,771 -48%
VanEck Associates
20
VanEck Associates
New York
$3.5M +$485K +28,241 +16%
PCIG
21
Partners Capital Investment Group
Massachusetts
$3.23M +$101K +5,890 +3%
GC
22
Guggenheim Capital
Illinois
$3.22M +$745K +43,423 +31%
Wells Fargo
23
Wells Fargo
California
$3.05M +$38.8K +2,261 +1%
EPM
24
Equitec Proprietary Markets
Illinois
$2.84M -$1.51M -87,766 -35%
PI
25
Putnam Investments
Massachusetts
$2.76M +$2.72M +158,533 New

OCSL Hedge Fund Activity: Q3 2016 in Review

131 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q3 2016, worth a combined $259M — up 14% from $227M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new OCSL positions and 16 closed out — a net gain of 5 holders — while 34 added to existing stakes and 45 trimmed.

The largest buyer was AJO LP, opening a new position worth an estimated $5.83M. The largest seller was Amundi Asset Management US, exiting entirely with an estimated $5.96M sold.

  • 131 institutional investors held Oaktree Specialty Lending (OCSL) as of Q3 2016, up from 128 in Q2 2016.
  • Funds reported $259M of Oaktree Specialty Lending stock for Q3 2016, up 14% quarter-over-quarter.
  • 21 funds opened new Oaktree Specialty Lending positions in Q3 2016 and 16 closed out, a net change of +5 holders.
  • The largest Oaktree Specialty Lending buyer in Q3 2016 was AJO LP, an estimated $5.83M added.
  • The largest Oaktree Specialty Lending seller in Q3 2016 was Amundi Asset Management US, an estimated $5.96M sold.

Based on aggregated 13F filings for Q3 2016.