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Oaktree Specialty Lending

149 hedge funds and large institutions have $413M invested in Oaktree Specialty Lending in 2019 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 57 increasing their positions, 43 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 48 (+4)

33% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 43

25% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 16

13% more capital invested

Capital invested by funds: $366M → $413M (+$46.4M)

1% more funds holding

Funds holding: 147149 (+2)

1.14% more ownership

Funds ownership: 16.74%17.87% (+1.1%)

100% less call options, than puts

Call options by funds: $1K | Put options by funds: $224K

Holders
149
Holders Change
+2
Holders Change %
+1.36%
% of All Funds
2.94%
Holding in Top 10
8
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+100%
% of All Funds
0.16%
New
20
Increased
57
Reduced
43
Closed
16
Calls
$1K
Puts
$224K
Net Calls
-$223K
Net Calls Change
-$86K
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
1
Hilton Capital Management
New York
$30.5M +$828K +52,617 +3%
RRAM
2
River Road Asset Management
Kentucky
$30.3M +$6.26M +397,484 +27%
SCM
3
Springhouse Capital Management
Connecticut
$30.1M -$6.41M -406,981 -18%
PMG
4
Private Management Group
California
$25.7M +$395K +25,092 +2%
JVBC
5
J.V. Bruni & Co
Colorado
$21.9M +$48.9K +3,105 +0.2%
LSV Asset Management
6
LSV Asset Management
Illinois
$16.5M +$2.11K +134 +0%
Arrowstreet Capital
7
Arrowstreet Capital
Massachusetts
$11.7M +$33.6K +2,134 +0.3%
KCM
8
Kennedy Capital Management
Missouri
$11M -$1.59M -100,967 -13%
CF
9
Centaurus Financial
California
$10.8M +$3.1M +197,050 +43%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$10.4M
CS
11
Credit Suisse
Switzerland
$9.68M +$1.64M +103,920 +21%
1832 Asset Management
12
1832 Asset Management
Ontario, Canada
$9M +$8.6M +546,300 New
SCM
13
Shoals Capital Management
Virginia
$8.22M +$7.9M +501,672 New
IMOV
14
Investment Management of Virginia
Virginia
$7.93M +$786K +49,941 +11%
GIM
15
Greenwich Investment Management
Connecticut
$6.79M +$47.4K +3,008 +0.7%
VanEck Associates
16
VanEck Associates
New York
$6.52M +$1.14M +72,520 +22%
WFI
17
West Family Investments
California
$6.12M +$105K +6,667 +2%
Millennium Management
18
Millennium Management
New York
$5.95M +$307K +19,517 +6%
KTA
19
Keeley-Teton Advisors
Illinois
$5.81M -$63.2K -4,014 -1%
Wells Fargo
20
Wells Fargo
California
$5.66M +$10.2K +650 +0.2%
JAM
21
Jacobs Asset Management
New York
$5.6M
Barclays
22
Barclays
United Kingdom
$5.46M -$504 -32 -0%
MC
23
Muzinich & Co
New York
$5.39M -$1.98M -125,684 -28%
RJA
24
Raymond James & Associates
Florida
$5.22M -$63.5K -4,031 -1%
Manulife (Manufacturers Life Insurance)
25
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.09M

OCSL Hedge Fund Activity: Q4 2019 in Review

149 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q4 2019, worth a combined $413M — up 13% from $366M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new OCSL positions and 16 closed out — a net gain of 4 holders — while 57 added to existing stakes and 43 trimmed.

The largest buyer was 1832 Asset Management, opening a new position worth an estimated $8.6M. The largest seller was Springhouse Capital Management, cutting an estimated $6.41M.

  • 149 institutional investors held Oaktree Specialty Lending (OCSL) as of Q4 2019, up from 147 in Q3 2019.
  • Funds reported $413M of Oaktree Specialty Lending stock for Q4 2019, up 13% quarter-over-quarter.
  • 20 funds opened new Oaktree Specialty Lending positions in Q4 2019 and 16 closed out, a net change of +4 holders.
  • The largest Oaktree Specialty Lending buyer in Q4 2019 was 1832 Asset Management, an estimated $8.6M added.
  • The largest Oaktree Specialty Lending seller in Q4 2019 was Springhouse Capital Management, an estimated $6.41M sold.

Based on aggregated 13F filings for Q4 2019.