Oaktree Specialty Lending
OCSL
139 hedge funds and large institutions have $278M invested in Oaktree Specialty Lending in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 44 increasing their positions, 47 reducing their positions, and 28 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
54% more capital inflows, than outflows
Capital inflows: $53.1M | Capital outflows: $34.5M
2.7% more ownership
Funds ownership: 43.86% → 46.56% (+2.7%)
6% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 47
5% less funds holding
Funds holding: 146 → 139 (-7)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
71% less call options, than puts
Call options by funds: $15K | Put options by funds: $51K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMOV
Investment Management of Virginia
Richmond,
Virginia
|
+$5.03M |
| 2 |
Jacobs Asset Management
New York
|
+$4.04M |
| 3 |
J.V. Bruni & Co
Colorado Springs,
Colorado
|
+$3.98M |
| 4 |
Kennedy Capital Management
St Louis,
Missouri
|
+$2.8M |
| 5 |
Centaurus Financial
Anaheim,
California
|
+$2.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
River Road Asset Management
Louisville,
Kentucky
|
-$10M |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
-$4.13M |
| 3 |
Partners Group Holding
Baar-Zug,
Switzerland
|
-$3.41M |
| 4 |
Credit Suisse
Zurich,
Switzerland
|
-$3.16M |
| 5 |
Freestone Capital Holdings
Seattle,
Washington
|
-$2.11M |
OCSL Hedge Fund Activity: Q4 2018 in Review
139 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q4 2018, worth a combined $278M — down 9.4% from $307M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of OCSL and 23 opened new positions — a net loss of 5 holders — while 47 trimmed existing stakes and 44 added.
The largest buyer was Investment Management of Virginia, adding an estimated $5.03M. The largest seller was River Road Asset Management, cutting an estimated $10M.
- 139 institutional investors held Oaktree Specialty Lending (OCSL) as of Q4 2018, down from 146 in Q3 2018.
- Funds reported $278M of Oaktree Specialty Lending stock for Q4 2018, down 9.4% quarter-over-quarter.
- 23 funds opened new Oaktree Specialty Lending positions in Q4 2018 and 28 closed out, a net change of -5 holders.
- The largest Oaktree Specialty Lending buyer in Q4 2018 was Investment Management of Virginia, an estimated $5.03M added.
- The largest Oaktree Specialty Lending seller in Q4 2018 was River Road Asset Management, an estimated $10M sold.
Based on aggregated 13F filings for Q4 2018.