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Oaktree Specialty Lending

206 hedge funds and large institutions have $656M invested in Oaktree Specialty Lending in 2023 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 90 increasing their positions, 45 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

128% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 18

121% more call options, than puts

Call options by funds: $3.19M | Put options by funds: $1.44M

100% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 45

15% more capital invested

Capital invested by funds: $571M → $656M (+$85.3M)

10% more funds holding

Funds holding: 187206 (+19)

4.79% more ownership

Funds ownership: 36.81%41.6% (+4.8%)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
206
Holders Change
+19
Holders Change %
+10.16%
% of All Funds
3%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.07%
New
41
Increased
90
Reduced
45
Closed
18
Calls
$3.19M
Puts
$1.44M
Net Calls
+$1.75M
Net Calls Change
-$692K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$85.7M +$53.5M +2,708,470 +182%
OCM
2
Oaktree Capital Management
California
$37.8M
JVBC
3
J.V. Bruni & Co
Colorado
$31.2M +$2.37K +120 +0%
VanEck Associates
4
VanEck Associates
New York
$28.9M +$2.72M +137,929 +11%
CAM
5
Claret Asset Management
Quebec, Canada
$23.7M +$516K +26,115 +2%
AM
6
Ares Management
California
$23.4M +$1.31M +66,500 +6%
LSV Asset Management
7
LSV Asset Management
Illinois
$22.7M -$494K -25,000 -2%
PMG
8
Private Management Group
California
$16.8M -$133K -6,737 -0.8%
GIM
9
Greenwich Investment Management
Connecticut
$16.6M -$66.6K -3,373 -0.4%
PAIM
10
Punch & Associates Investment Management
Minnesota
$16.3M +$252K +12,739 +2%
PGH
11
Partners Group Holding
Switzerland
$16M -$2.09M -105,592 -12%
LC
12
Lindbrook Capital
California
$15.6M -$3.68M -186,197 -20%
Two Sigma Investments
13
Two Sigma Investments
New York
$15M +$5.76M +291,907 +66%
Legal & General Group
14
Legal & General Group
United Kingdom
$12.3M +$827K +41,894 +8%
PA
15
Pinnacle Associates
New York
$11.9M +$77K +3,897 +0.7%
Two Sigma Advisers
16
Two Sigma Advisers
New York
$11.2M +$2.49M +126,200 +30%
CS
17
Credit Suisse
Switzerland
$10.1M -$1.59M -80,318 -14%
TFA
18
Trinity Financial Advisors
Ohio
$9.9M +$4.93M +249,714 +106%
Millennium Management
19
Millennium Management
New York
$8.58M +$3.77M +190,879 +83%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$7.82M +$3.19M +161,294 +73%
WIM
21
Waverton Investment Management
United Kingdom
$6.84M
UBS Group
22
UBS Group
Switzerland
$6.81M -$488K -24,695 -7%
ECM
23
Evergreen Capital Management
Washington
$6.74M -$23.7K -1,198 -0.4%
Wells Fargo
24
Wells Fargo
California
$6.71M +$591K +29,952 +10%
Osaic Holdings
25
Osaic Holdings
Arizona
$6.2M +$4.44M +224,841 +286%

OCSL Hedge Fund Activity: Q4 2023 in Review

206 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q4 2023, worth a combined $656M — up 15% from $571M a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new OCSL positions and 18 closed out — a net gain of 23 holders — while 90 added to existing stakes and 45 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $53.5M. The largest seller was 1832 Asset Management, cutting an estimated $9.55M.

  • 206 institutional investors held Oaktree Specialty Lending (OCSL) as of Q4 2023, up from 187 in Q3 2023.
  • Funds reported $656M of Oaktree Specialty Lending stock for Q4 2023, up 15% quarter-over-quarter.
  • 41 funds opened new Oaktree Specialty Lending positions in Q4 2023 and 18 closed out, a net change of +23 holders.
  • The largest Oaktree Specialty Lending buyer in Q4 2023 was Morgan Stanley, an estimated $53.5M added.
  • The largest Oaktree Specialty Lending seller in Q4 2023 was 1832 Asset Management, an estimated $9.55M sold.

Based on aggregated 13F filings for Q4 2023.