Oaktree Specialty Lending
OCSL
142 hedge funds and large institutions have $383M invested in Oaktree Specialty Lending in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 64 increasing their positions, 33 reducing their positions, and 20 closing their positions.
94% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 33
8% more capital invested
Capital invested by funds: $353M → $383M (+$29.5M)
0.59% more ownership
Funds ownership: 16.11% → 16.7% (+0.59%)
3% less funds holding
Funds holding: 147 → 142 (-5)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
70% less call options, than puts
Call options by funds: $23K | Put options by funds: $77K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
+$4.62M |
| 2 |
Millennium Management
New York
|
+$2.86M |
| 3 |
VEA
Virtus ETF Advisers
New York
|
+$2.78M |
| 4 |
C
Cliffwater
Marina Del Rey,
California
|
+$2.4M |
| 5 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$4.85M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$3.12M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
-$1.97M |
| 4 |
AL
Arnhold LLC
New York
|
-$1.44M |
| 5 |
BAM
Bayview Asset Management
Coral Gables,
Florida
|
-$1.27M |
OCSL Hedge Fund Activity: Q2 2019 in Review
142 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q2 2019, worth a combined $383M — up 8.3% from $353M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of OCSL and 15 opened new positions — a net loss of 5 holders — while 33 trimmed existing stakes and 64 added.
The largest buyer was Keeley-Teton Advisors, adding an estimated $4.62M. The largest seller was Solas Capital Management, cutting an estimated $4.85M.
- 142 institutional investors held Oaktree Specialty Lending (OCSL) as of Q2 2019, down from 147 in Q1 2019.
- Funds reported $383M of Oaktree Specialty Lending stock for Q2 2019, up 8.3% quarter-over-quarter.
- 15 funds opened new Oaktree Specialty Lending positions in Q2 2019 and 20 closed out, a net change of -5 holders.
- The largest Oaktree Specialty Lending buyer in Q2 2019 was Keeley-Teton Advisors, an estimated $4.62M added.
- The largest Oaktree Specialty Lending seller in Q2 2019 was Solas Capital Management, an estimated $4.85M sold.
Based on aggregated 13F filings for Q2 2019.