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Oaktree Specialty Lending

169 hedge funds and large institutions have $539M invested in Oaktree Specialty Lending in 2021 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 73 increasing their positions, 30 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,123% more call options, than puts

Call options by funds: $1.77M | Put options by funds: $145K

264% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 11

143% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 30

125% more funds holding in top 10

Funds holding in top 10: 49 (+5)

29% more capital invested

Capital invested by funds: $418M → $539M (+$120M)

18% more funds holding

Funds holding: 143169 (+26)

1.81% less ownership

Funds ownership: 17.87%16.06% (-1.8%)

Holders
169
Holders Change
+26
Holders Change %
+18.18%
% of All Funds
2.97%
Holding in Top 10
9
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+125%
% of All Funds
0.16%
New
40
Increased
73
Reduced
30
Closed
11
Calls
$1.77M
Puts
$145K
Net Calls
+$1.63M
Net Calls Change
+$1.64M
Name Holding Trade Value Shares
Change
Change in
Stake
RRAM
1
River Road Asset Management
Kentucky
$39.7M -$1.05M -58,120 -3%
RCM
2
Rivernorth Capital Management
Florida
$37.7M +$1.09M +60,331 +3%
PMG
3
Private Management Group
California
$37.5M +$9.59M +533,371 +36%
JVBC
4
J.V. Bruni & Co
Colorado
$28.9M +$926K +51,501 +3%
AM
5
Ares Management
California
$25.4M +$12.8M +709,975 +108%
KCM
6
Kennedy Capital Management
Missouri
$22.6M +$4.45M +247,570 +26%
LSV Asset Management
7
LSV Asset Management
Illinois
$18M +$505K +28,053 +3%
Arrowstreet Capital
8
Arrowstreet Capital
Massachusetts
$15.8M +$3.97M +220,964 +35%
CAM
9
Claret Asset Management
Quebec, Canada
$15.2M +$2.08M +115,924 +17%
VanEck Associates
10
VanEck Associates
New York
$14.4M +$2.4M +133,625 +21%
CF
11
Centaurus Financial
California
$14.3M -$200K -11,127 -1%
LC
12
Lindbrook Capital
California
$11.9M +$11.3M +630,235 +5,797%
Morgan Stanley
13
Morgan Stanley
New York
$11.8M +$4.47M +248,609 +65%
IMOV
14
Investment Management of Virginia
Virginia
$10.4M +$353K +19,646 +4%
CS
15
Credit Suisse
Switzerland
$10.4M +$6.39M +355,290 +176%
PAIM
16
Punch & Associates Investment Management
Minnesota
$10.1M +$2.83M +157,364 +41%
Millennium Management
17
Millennium Management
New York
$9.6M -$64.2K -3,572 -0.7%
C
18
Cliffwater
California
$8.08M +$1.05M +58,525 +16%
Legal & General Group
19
Legal & General Group
United Kingdom
$7.94M +$1.6M +89,237 +26%
TG
20
TCW Group
California
$7.71M -$1.9M -105,685 -20%
IAA
21
Independent Advisor Alliance
North Carolina
$7.57M +$4.34M +241,366 +146%
WIM
22
Waverton Investment Management
United Kingdom
$7.42M
Sumitomo Mitsui Trust Group
23
Sumitomo Mitsui Trust Group
Japan
$7.03M +$635K +35,282 +10%
MC
24
Muzinich & Co
New York
$7.02M +$635K +35,282 +10%
Barclays
25
Barclays
United Kingdom
$6.21M -$45K -2,500 -0.7%

OCSL Hedge Fund Activity: Q1 2021 in Review

169 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q1 2021, worth a combined $539M — up 29% from $418M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new OCSL positions and 11 closed out — a net gain of 29 holders — while 73 added to existing stakes and 30 trimmed.

The largest buyer was Ares Management, adding an estimated $12.8M. The largest seller was Springhouse Capital Management, cutting an estimated $4.4M.

  • 169 institutional investors held Oaktree Specialty Lending (OCSL) as of Q1 2021, up from 143 in Q4 2020.
  • Funds reported $539M of Oaktree Specialty Lending stock for Q1 2021, up 29% quarter-over-quarter.
  • 40 funds opened new Oaktree Specialty Lending positions in Q1 2021 and 11 closed out, a net change of +29 holders.
  • The largest Oaktree Specialty Lending buyer in Q1 2021 was Ares Management, an estimated $12.8M added.
  • The largest Oaktree Specialty Lending seller in Q1 2021 was Springhouse Capital Management, an estimated $4.4M sold.

Based on aggregated 13F filings for Q1 2021.