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Oaktree Specialty Lending

170 hedge funds and large institutions have $570M invested in Oaktree Specialty Lending in 2021 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 67 increasing their positions, 48 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

351% more call options, than puts

Call options by funds: $532K | Put options by funds: $118K

40% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 48

6% more capital invested

Capital invested by funds: $539M → $570M (+$31M)

5% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 22

1% more funds holding

Funds holding: 169170 (+1)

0.32% less ownership

Funds ownership: 16.06%15.74% (-0.32%)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

Holders
170
Holders Change
+1
Holders Change %
+0.59%
% of All Funds
2.96%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.14%
New
23
Increased
67
Reduced
48
Closed
22
Calls
$532K
Puts
$118K
Net Calls
+$414K
Net Calls Change
-$1.22M
Name Holding Trade Value Shares
Change
Change in
Stake
RRAM
1
River Road Asset Management
Kentucky
$45.7M +$2.81M +140,067 +7%
PMG
2
Private Management Group
California
$39.3M -$1.11M -55,497 -3%
RCM
3
Rivernorth Capital Management
Florida
$31.4M -$9.24M -461,175 -23%
AM
4
Ares Management
California
$30.4M +$3.01M +150,370 +11%
JVBC
5
J.V. Bruni & Co
Colorado
$30.1M -$1.02M -50,823 -3%
Arrowstreet Capital
6
Arrowstreet Capital
Massachusetts
$21.1M +$4.05M +202,043 +24%
LSV Asset Management
7
LSV Asset Management
Illinois
$20.5M +$1.08M +53,700 +6%
PGH
8
Partners Group Holding
Switzerland
$17.4M +$11.3M +565,414 +187%
VanEck Associates
9
VanEck Associates
New York
$16.8M +$1.21M +60,398 +8%
CAM
10
Claret Asset Management
Quebec, Canada
$16.4M +$22.7K +1,134 +0.1%
CF
11
Centaurus Financial
California
$15.5M +$86.8K +4,335 +0.6%
LC
12
Lindbrook Capital
California
$12.8M -$17.2K -861 -0.1%
CS
13
Credit Suisse
Switzerland
$11.5M +$291K +14,521 +3%
IMOV
14
Investment Management of Virginia
Virginia
$11M -$270K -13,491 -2%
KCM
15
Kennedy Capital Management
Missouri
$10.2M -$14.2M -707,635 -58%
PAIM
16
Punch & Associates Investment Management
Minnesota
$9.34M -$1.57M -78,562 -14%
WIM
17
Waverton Investment Management
United Kingdom
$9.12M +$1.1M +55,093 +14%
Morgan Stanley
18
Morgan Stanley
New York
$9.07M -$3.62M -180,777 -29%
TG
19
TCW Group
California
$8.02M -$294K -14,665 -4%
Legal & General Group
20
Legal & General Group
United Kingdom
$7.69M -$869K -43,377 -10%
IAA
21
Independent Advisor Alliance
North Carolina
$7.57M -$590K -29,449 -7%
RVPG
22
Relative Value Partners Group
$7.1M +$7.08M +353,675 New
Sumitomo Mitsui Trust Group
23
Sumitomo Mitsui Trust Group
Japan
$6.81M -$775K -38,701 -10%
MC
24
Muzinich & Co
New York
$6.8M -$775K -38,701 -10%
Two Sigma Advisers
25
Two Sigma Advisers
New York
$6.41M +$1.68M +83,867 +36%

OCSL Hedge Fund Activity: Q2 2021 in Review

170 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q2 2021, worth a combined $570M — up 5.8% from $539M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new OCSL positions and 22 closed out — a net gain of 1 holder — while 67 added to existing stakes and 48 trimmed.

The largest buyer was Partners Group Holding, adding an estimated $11.3M. The largest seller was Kennedy Capital Management, cutting an estimated $14.2M.

  • 170 institutional investors held Oaktree Specialty Lending (OCSL) as of Q2 2021, up from 169 in Q1 2021.
  • Funds reported $570M of Oaktree Specialty Lending stock for Q2 2021, up 5.8% quarter-over-quarter.
  • 23 funds opened new Oaktree Specialty Lending positions in Q2 2021 and 22 closed out, a net change of +1 holder.
  • The largest Oaktree Specialty Lending buyer in Q2 2021 was Partners Group Holding, an estimated $11.3M added.
  • The largest Oaktree Specialty Lending seller in Q2 2021 was Kennedy Capital Management, an estimated $14.2M sold.

Based on aggregated 13F filings for Q2 2021.