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Oaktree Specialty Lending

146 hedge funds and large institutions have $306M invested in Oaktree Specialty Lending in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 45 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 15

7% more capital invested

Capital invested by funds: $286M → $306M (+$20.9M)

4% more funds holding

Funds holding: 140146 (+6)

0.48% more ownership

Funds ownership: 14.13%14.61% (+0.48%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

1% less call options, than puts

Call options by funds: $219K | Put options by funds: $221K

2% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 45

Holders
146
Holders Change
+6
Holders Change %
+4.29%
% of All Funds
3.34%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
21
Increased
44
Reduced
45
Closed
15
Calls
$219K
Puts
$221K
Net Calls
-$2K
Net Calls Change
+$236K
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Springhouse Capital Management
Connecticut
$37M -$2.42M -163,940 -6%
RRAM
2
River Road Asset Management
Kentucky
$34.6M +$1.33M +90,162 +4%
PMG
3
Private Management Group
California
$23.6M +$188K +12,708 +0.8%
HCM
4
Hilton Capital Management
New York
$19.6M +$3.84M +260,198 +25%
JVBC
5
J.V. Bruni & Co
Colorado
$15.3M +$4.5M +304,640 +42%
MC
6
Muzinich & Co
New York
$9.51M +$681K +46,137 +8%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$9.41M
AM
8
Ares Management
California
$9.32M +$1.79M +121,548 +24%
RJA
9
Raymond James & Associates
Florida
$8.97M +$3.07M +207,827 +53%
LSV Asset Management
10
LSV Asset Management
Illinois
$8.94M -$152K -10,295 -2%
Citadel Advisors
11
Citadel Advisors
Florida
$8.63M -$306K -20,721 -3%
KCM
12
Kennedy Capital Management
Missouri
$8.14M +$4.09M +277,340 +103%
PGH
13
Partners Group Holding
Switzerland
$7.15M -$108K -7,333 -2%
CS
14
Credit Suisse
Switzerland
$7.15M -$53.5K -3,626 -0.7%
Arrowstreet Capital
15
Arrowstreet Capital
Massachusetts
$5.73M +$4.29M +290,606 +308%
GIM
16
Greenwich Investment Management
Connecticut
$5.55M +$7.7K +522 +0.1%
Morgan Stanley
17
Morgan Stanley
New York
$5.54M +$376K +25,488 +7%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.65M +$49.7K +3,368 +1%
Millennium Management
19
Millennium Management
New York
$4.49M -$1.19M -80,345 -21%
VanEck Associates
20
VanEck Associates
New York
$4.45M +$706K +47,833 +19%
WFI
21
West Family Investments
California
$3.59M +$272K +18,430 +8%
UBS Group
22
UBS Group
Switzerland
$3.24M -$206K -13,928 -6%
BlackRock
23
BlackRock
New York
$2.82M +$96.1K +6,511 +4%
Legal & General Group
24
Legal & General Group
United Kingdom
$2.68M
GC
25
Guggenheim Capital
Illinois
$2.56M -$384K -26,033 -13%

OCSL Hedge Fund Activity: Q3 2018 in Review

146 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q3 2018, worth a combined $306M — up 7.3% from $286M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new OCSL positions and 15 closed out — a net gain of 6 holders — while 44 added to existing stakes and 45 trimmed.

The largest buyer was J.V. Bruni & Co, adding an estimated $4.5M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $10.7M.

  • 146 institutional investors held Oaktree Specialty Lending (OCSL) as of Q3 2018, up from 140 in Q2 2018.
  • Funds reported $306M of Oaktree Specialty Lending stock for Q3 2018, up 7.3% quarter-over-quarter.
  • 21 funds opened new Oaktree Specialty Lending positions in Q3 2018 and 15 closed out, a net change of +6 holders.
  • The largest Oaktree Specialty Lending buyer in Q3 2018 was J.V. Bruni & Co, an estimated $4.5M added.
  • The largest Oaktree Specialty Lending seller in Q3 2018 was Fuller & Thaler Asset Management, an estimated $10.7M sold.

Based on aggregated 13F filings for Q3 2018.