Oaktree Specialty Lending
OCSL
165 hedge funds and large institutions have $511M invested in Oaktree Specialty Lending in 2026 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 59 increasing their positions, 50 reducing their positions, and 34 closing their positions.
25% more capital invested
Capital invested by funds: $408M → $511M (+$104M)
19% more call options, than puts
Call options by funds: $2.54M | Put options by funds: $2.14M
18% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 50
7.66% more ownership
Funds ownership: 40.97% → 48.63% (+7.7%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
12% less funds holding
Funds holding: 187 → 165 (-22)
44% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$72.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$29.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$8.57M |
| 4 |
VanEck Associates
New York
|
+$5.94M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$14.5M |
| 2 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$7.94M |
| 3 |
Two Sigma Investments
New York
|
-$6.55M |
| 4 |
MW
Melia Wealth
Tulsa,
Oklahoma
|
-$6.18M |
| 5 |
BAMF
BI Asset Management Fondsmaeglerselskab
Kobenhavn,
Denmark
|
-$2.31M |
OCSL Hedge Fund Activity: Q2 2026 in Review
165 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Oaktree Specialty Lending (OCSL) for Q2 2026, worth a combined $511M — up 25% from $408M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of OCSL and 19 opened new positions — a net loss of 15 holders — while 50 trimmed existing stakes and 59 added.
The largest buyer was Oaktree Capital Management, adding an estimated $72.6M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $14.5M sold.
- 165 institutional investors held Oaktree Specialty Lending (OCSL) as of Q2 2026, down from 187 in Q1 2026.
- Funds reported $511M of Oaktree Specialty Lending stock for Q2 2026, up 25% quarter-over-quarter.
- 19 funds opened new Oaktree Specialty Lending positions in Q2 2026 and 34 closed out, a net change of -15 holders.
- The largest Oaktree Specialty Lending buyer in Q2 2026 was Oaktree Capital Management, an estimated $72.6M added.
- The largest Oaktree Specialty Lending seller in Q2 2026 was Rivernorth Capital Management, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2026.