Oaktree Specialty Lending
OCSL
187 hedge funds and large institutions have $408M invested in Oaktree Specialty Lending in 2026 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 62 increasing their positions, 57 reducing their positions, and 41 closing their positions.
93% more call options, than puts
Call options by funds: $1.75M | Put options by funds: $908K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
9% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 57
0.45% more ownership
Funds ownership: 40.51% → 40.97% (+0.45%)
8% less funds holding
Funds holding: 203 → 187 (-16)
10% less capital invested
Capital invested by funds: $454M → $408M (-$46.6M)
27% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$13.3M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$5.75M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
+$5.53M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.66M |
| 5 |
MMRF
Michelson Medical Research Foundation
Los Angeles,
California
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$5.39M |
| 2 |
SSG
Summit Securities Group
New York
|
-$4.84M |
| 3 |
Morgan Stanley
New York
|
-$4.76M |
| 4 |
WFG
Wills Financial Group
Richmond,
Virginia
|
-$3.76M |
| 5 |
Jane Street
New York
|
-$2.93M |
OCSL Hedge Fund Activity: Q1 2026 in Review
187 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q1 2026, worth a combined $408M — down 10% from $454M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of OCSL and 30 opened new positions — a net loss of 11 holders — while 57 trimmed existing stakes and 62 added.
The largest buyer was Beach Point Capital Management, opening a new position worth an estimated $13.3M. The largest seller was VanEck Associates, cutting an estimated $5.39M.
- 187 institutional investors held Oaktree Specialty Lending (OCSL) as of Q1 2026, down from 203 in Q4 2025.
- Funds reported $408M of Oaktree Specialty Lending stock for Q1 2026, down 10% quarter-over-quarter.
- 30 funds opened new Oaktree Specialty Lending positions in Q1 2026 and 41 closed out, a net change of -11 holders.
- The largest Oaktree Specialty Lending buyer in Q1 2026 was Beach Point Capital Management, an estimated $13.3M added.
- The largest Oaktree Specialty Lending seller in Q1 2026 was VanEck Associates, an estimated $5.39M sold.
Based on aggregated 13F filings for Q1 2026.