Oaktree Specialty Lending
OCSL
126 hedge funds and large institutions have $187M invested in Oaktree Specialty Lending in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 44 increasing their positions, 38 reducing their positions, and 30 closing their positions.
237% more call options, than puts
Call options by funds: $1.25M | Put options by funds: $371K
16% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 38
0.15% less ownership
Funds ownership: 9.75% → 9.59% (-0.15%)
7% less funds holding
Funds holding: 135 → 126 (-9)
17% less capital invested
Capital invested by funds: $225M → $187M (-$38M)
23% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 30
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$18.1M |
| 2 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
+$6.21M |
| 3 |
BlackRock
New York
|
+$4.89M |
| 4 |
Morgan Stanley
New York
|
+$3.91M |
| 5 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$15.4M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$8.85M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$6.25M |
| 4 |
Goldman Sachs
New York
|
-$4.46M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$3.16M |
OCSL Hedge Fund Activity: Q1 2017 in Review
126 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q1 2017, worth a combined $187M — down 17% from $225M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of OCSL and 23 opened new positions — a net loss of 7 holders — while 38 trimmed existing stakes and 44 added.
The largest buyer was Muzinich & Co, adding an estimated $18.1M. The largest seller was Advisors Capital Management, cutting an estimated $15.4M.
- 126 institutional investors held Oaktree Specialty Lending (OCSL) as of Q1 2017, down from 135 in Q4 2016.
- Funds reported $187M of Oaktree Specialty Lending stock for Q1 2017, down 17% quarter-over-quarter.
- 23 funds opened new Oaktree Specialty Lending positions in Q1 2017 and 30 closed out, a net change of -7 holders.
- The largest Oaktree Specialty Lending buyer in Q1 2017 was Muzinich & Co, an estimated $18.1M added.
- The largest Oaktree Specialty Lending seller in Q1 2017 was Advisors Capital Management, an estimated $15.4M sold.
Based on aggregated 13F filings for Q1 2017.