Oaktree Specialty Lending
OCSL
186 hedge funds and large institutions have $515M invested in Oaktree Specialty Lending in 2023 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 75 increasing their positions, 54 reducing their positions, and 59 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 54
27% more call options, than puts
Call options by funds: $2.05M | Put options by funds: $1.62M
22.43% more ownership
Funds ownership: 13.19% → 35.61% (+22%)
4% more capital invested
Capital invested by funds: $496M → $515M (+$18.9M)
6% less funds holding
Funds holding: 197 → 186 (-11)
17% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 59
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGH
Partners Group Holding
Baar-Zug,
Switzerland
|
+$13.8M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$10.2M |
| 3 |
Morgan Stanley
New York
|
+$9.37M |
| 4 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$6.34M |
| 5 |
VanEck Associates
New York
|
+$5.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$5.64M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.46M |
| 3 |
C
Cliffwater
Marina Del Rey,
California
|
-$4.29M |
| 4 |
WIM
Waverton Investment Management
London,
United Kingdom
|
-$4.07M |
| 5 |
BZWA
Blue Zone Wealth Advisors
Los Angeles,
California
|
-$3.2M |
OCSL Hedge Fund Activity: Q1 2023 in Review
186 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q1 2023, worth a combined $515M — up 3.8% from $496M a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of OCSL and 49 opened new positions — a net loss of 10 holders — while 54 trimmed existing stakes and 75 added.
The largest buyer was Partners Group Holding, adding an estimated $13.8M. The largest seller was Millennium Management, cutting an estimated $5.64M.
- 186 institutional investors held Oaktree Specialty Lending (OCSL) as of Q1 2023, down from 197 in Q4 2022.
- Funds reported $515M of Oaktree Specialty Lending stock for Q1 2023, up 3.8% quarter-over-quarter.
- 49 funds opened new Oaktree Specialty Lending positions in Q1 2023 and 59 closed out, a net change of -10 holders.
- The largest Oaktree Specialty Lending buyer in Q1 2023 was Partners Group Holding, an estimated $13.8M added.
- The largest Oaktree Specialty Lending seller in Q1 2023 was Millennium Management, an estimated $5.64M sold.
Based on aggregated 13F filings for Q1 2023.