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Oaktree Specialty Lending

140 hedge funds and large institutions have $286M invested in Oaktree Specialty Lending in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 46 increasing their positions, 44 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 13

13% more capital invested

Capital invested by funds: $252M → $286M (+$33.5M)

2% more funds holding

Funds holding: 137140 (+3)

5% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 44

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.02% less ownership

Funds ownership: 14.15%14.13% (-0.02%)

60% less call options, than puts

Call options by funds: $156K | Put options by funds: $394K

Holders
140
Holders Change
+3
Holders Change %
+2.19%
% of All Funds
3.21%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
17
Increased
46
Reduced
44
Closed
13
Calls
$156K
Puts
$394K
Net Calls
-$238K
Net Calls Change
-$154K
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Springhouse Capital Management
Connecticut
$38M +$165K +11,872 +0.5%
RRAM
2
River Road Asset Management
Kentucky
$32M +$3.1M +223,142 +11%
PMG
3
Private Management Group
California
$22.5M +$843K +60,558 +4%
HCM
4
Hilton Capital Management
New York
$15.2M +$1.82M +130,829 +14%
Fuller & Thaler Asset Management
5
Fuller & Thaler Asset Management
California
$10.4M -$9.71M -698,102 -49%
JVBC
6
J.V. Bruni & Co
Colorado
$10.4M +$965K +69,336 +11%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$9.07M
LSV Asset Management
8
LSV Asset Management
Illinois
$8.76M +$353K +25,339 +4%
Citadel Advisors
9
Citadel Advisors
Florida
$8.62M -$4.52M -324,679 -35%
MC
10
Muzinich & Co
New York
$8.51M
AM
11
Ares Management
California
$7.24M
PGH
12
Partners Group Holding
Switzerland
$6.99M -$594K -42,667 -8%
CS
13
Credit Suisse
Switzerland
$6.94M -$711K -51,067 -10%
RJA
14
Raymond James & Associates
Florida
$5.66M +$804K +57,752 +17%
Millennium Management
15
Millennium Management
New York
$5.47M +$2.06M +147,740 +63%
GIM
16
Greenwich Investment Management
Connecticut
$5.34M +$563K +40,489 +12%
Morgan Stanley
17
Morgan Stanley
New York
$4.97M +$349K +25,081 +8%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.43M
KCM
19
Kennedy Capital Management
Missouri
$3.87M +$521K +37,451 +16%
VanEck Associates
20
VanEck Associates
New York
$3.6M +$356K +25,590 +11%
UBS Group
21
UBS Group
Switzerland
$3.33M +$232K +16,688 +8%
WFI
22
West Family Investments
California
$3.19M +$923K +66,342 +42%
GC
23
Guggenheim Capital
Illinois
$2.84M -$405K -29,115 -13%
BlackRock
24
BlackRock
New York
$2.62M -$590K -42,432 -19%
Legal & General Group
25
Legal & General Group
United Kingdom
$2.58M +$88.2K +6,340 +4%

OCSL Hedge Fund Activity: Q2 2018 in Review

140 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q2 2018, worth a combined $286M — up 13% from $252M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new OCSL positions and 13 closed out — a net gain of 4 holders — while 46 added to existing stakes and 44 trimmed.

The largest buyer was River Road Asset Management, adding an estimated $3.1M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $9.71M.

  • 140 institutional investors held Oaktree Specialty Lending (OCSL) as of Q2 2018, up from 137 in Q1 2018.
  • Funds reported $286M of Oaktree Specialty Lending stock for Q2 2018, up 13% quarter-over-quarter.
  • 17 funds opened new Oaktree Specialty Lending positions in Q2 2018 and 13 closed out, a net change of +4 holders.
  • The largest Oaktree Specialty Lending buyer in Q2 2018 was River Road Asset Management, an estimated $3.1M added.
  • The largest Oaktree Specialty Lending seller in Q2 2018 was Fuller & Thaler Asset Management, an estimated $9.71M sold.

Based on aggregated 13F filings for Q2 2018.