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Oaktree Specialty Lending

174 hedge funds and large institutions have $599M invested in Oaktree Specialty Lending in 2021 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 65 increasing their positions, 52 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

811% more call options, than puts

Call options by funds: $328K | Put options by funds: $36K

38% more funds holding in top 10

Funds holding in top 10: 811 (+3)

35% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 17

25% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 52

5% more capital invested

Capital invested by funds: $570M → $599M (+$29.8M)

2% more funds holding

Funds holding: 170174 (+4)

0.04% more ownership

Funds ownership: 15.74%15.78% (+0.04%)

Holders
174
Holders Change
+4
Holders Change %
+2.35%
% of All Funds
3.05%
Holding in Top 10
11
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+37.5%
% of All Funds
0.19%
New
23
Increased
65
Reduced
52
Closed
17
Calls
$328K
Puts
$36K
Net Calls
+$292K
Net Calls Change
-$122K
Name Holding Trade Value Shares
Change
Change in
Stake
RRAM
1
River Road Asset Management
Kentucky
$44.2M -$4.01M -189,968 -8%
PMG
2
Private Management Group
California
$40.6M -$901K -42,636 -2%
AM
3
Ares Management
California
$36M +$3.87M +183,165 +12%
JVBC
4
J.V. Bruni & Co
Colorado
$31.7M -$76.7K -3,630 -0.2%
OCM
5
Oaktree Capital Management
California
$31.7M +$29.7M +1,404,789 +1,527%
RCM
6
Rivernorth Capital Management
Florida
$21.4M -$11.7M -556,046 -36%
LSV Asset Management
7
LSV Asset Management
Illinois
$20.6M -$1.11M -52,602 -5%
CAM
8
Claret Asset Management
Quebec, Canada
$20.1M +$2.77M +131,275 +16%
PGH
9
Partners Group Holding
Switzerland
$17.2M -$1.13M -53,681 -6%
VanEck Associates
10
VanEck Associates
New York
$16.7M -$1.02M -48,180 -6%
Millennium Management
11
Millennium Management
New York
$16M +$9.54M +451,521 +150%
CF
12
Centaurus Financial
California
$15M -$1.38M -65,188 -8%
LC
13
Lindbrook Capital
California
$13.5M -$13.5K -637 -0.1%
CS
14
Credit Suisse
Switzerland
$12.1M -$35.3K -1,670 -0.3%
IMOV
15
Investment Management of Virginia
Virginia
$11.5M -$131K -6,222 -1%
WIM
16
Waverton Investment Management
United Kingdom
$10.4M +$741K +35,087 +8%
PAIM
17
Punch & Associates Investment Management
Minnesota
$9.94M +$79.2K +3,746 +0.8%
KCM
18
Kennedy Capital Management
Missouri
$9.68M -$1.07M -50,479 -10%
Morgan Stanley
19
Morgan Stanley
New York
$9.39M -$183K -8,680 -2%
Two Sigma Investments
20
Two Sigma Investments
New York
$8.48M +$2.46M +116,198 +41%
IAA
21
Independent Advisor Alliance
North Carolina
$7.91M -$84.1K -3,982 -1%
Legal & General Group
22
Legal & General Group
United Kingdom
$7.76M -$366K -17,301 -5%
Two Sigma Advisers
23
Two Sigma Advisers
New York
$7.63M +$859K +40,667 +13%
RVPG
24
Relative Value Partners Group
$7.56M +$71.7K +3,393 +1%
Arrowstreet Capital
25
Arrowstreet Capital
Massachusetts
$7.33M -$14.9M -703,070 -67%

OCSL Hedge Fund Activity: Q3 2021 in Review

174 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q3 2021, worth a combined $599M — up 5.2% from $570M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new OCSL positions and 17 closed out — a net gain of 6 holders — while 65 added to existing stakes and 52 trimmed.

The largest buyer was Oaktree Capital Management, adding an estimated $29.7M. The largest seller was Arrowstreet Capital, cutting an estimated $14.9M.

  • 174 institutional investors held Oaktree Specialty Lending (OCSL) as of Q3 2021, up from 170 in Q2 2021.
  • Funds reported $599M of Oaktree Specialty Lending stock for Q3 2021, up 5.2% quarter-over-quarter.
  • 23 funds opened new Oaktree Specialty Lending positions in Q3 2021 and 17 closed out, a net change of +6 holders.
  • The largest Oaktree Specialty Lending buyer in Q3 2021 was Oaktree Capital Management, an estimated $29.7M added.
  • The largest Oaktree Specialty Lending seller in Q3 2021 was Arrowstreet Capital, an estimated $14.9M sold.

Based on aggregated 13F filings for Q3 2021.