FSSL · FS Specialty Lending Fund

$11.81 +0.02 (+0.17%) At close · Sep 1

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Quarter:

Holders: 257

Total Value: $394,864,125

Total Shares: 35,413,834

Showing 1–100 of 257 holdings by value · page 1 of 3

Institutional Ownership Trend

3 quarters

Holder Concentration

Across 257 13F filers · Δ vs Mar 31, 2026

Top Holder

10.5%

+1.4 pts

Top 5

42.1%

+0.2 pts

Top 10

62.4%

−0.1 pts

HHI

481

Broadly held+4

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: +7

Institutional value: +2.1%

Shares held: +14.6%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Large NOMURA HOLDINGS INC	+1,066,715	3,719,086
Micro North Ground Capital	+567,600	817,600
Large Pathstone Holdings, LLC	+534,205	1,349,894
Mid RIVERNORTH CAPITAL MANAGEMENT, LLC	+484,934	2,800,048
Mega MORGAN STANLEY	+343,604	1,283,267

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Large COMMONWEALTH EQUITY SERVICES, LLC	−201,743	851,272
Large Cambridge Investment Research Advisors, Inc.	−104,869	524,034
Large Kestra Advisory Services, LLC	−96,832	148,911
Large Cetera Investment Advisers	−62,766	497,982
Small COFG Advisors, LLC	−61,564	124,905

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Large Clear Street Group Inc.	179,430	$2,000,644
Small Noble Wealth Management PBC	166,003	$1,850,933
Mid Saba Capital Management, L.P.	128,092	$1,428,225
Mega BANK OF AMERICA CORP /DE/	61,459	$685,267
Mid Apollon Wealth Management, LLC	51,194	$570,813

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Large CWM, LLC	99,777	$1,248,210
Small ABSOLUTE INVESTMENT ADVISERS, LLC	66,654	$833,841
Small PERRYMAN FINANCIAL ADVISORY INC /AD	52,055	$651,208
Mid Quarry LP	39,754	$497,322
Mid RFG Advisory, LLC	34,987	$437,687

Filter: New 58 Increased 69 Reduced 68 Sold out 51 Unchanged 62

Showing 100 of 257

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

NOMURA HOLDINGS INC

$41,467,808

10.50%

3,719,086

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NOMURA GLOBAL FINANCIAL PRODUCTS INC	3,719,086	$41,467,808	100.0%	Defined

Thomas J. Herzfeld Advisors, Inc.

$32,342,392

8.19%

2,900,663

OAK HILL ADVISORS LP

$32,024,004

8.11%

2,872,108

RIVERNORTH CAPITAL MANAGEMENT, LLC

$31,220,535

7.91%

2,800,048

SIT INVESTMENT ASSOCIATES INC

$29,080,136

7.36%

2,608,084

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SIT FIXED INCOME ADVISORS II LLC /ADV	2,608,084	$29,080,136	100.0%	Sole

ENVESTNET ASSET MANAGEMENT INC

$18,934,963

4.80%

1,698,203

GCM Grosvenor Holdings, LLC

$16,745,906

4.24%

1,501,875

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GCM Grosvenor L.P. joint	1,501,875	$16,745,906	100.0%	Defined

Penserra Capital Management LLC

$15,223,708

3.86%

1,365,355

Pathstone Holdings, LLC

$15,051,317

3.81%

1,349,894

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ADVISOR PARTNERS II, LLC	1,338,108	$14,919,904	99.1%	Defined
Held directly	11,786	$131,413	0.9%	Sole

MORGAN STANLEY

$14,308,425

3.62%

1,283,267

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY SMITH BARNEY LLC	271,713	$3,029,599	21.2%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	1,011,554	$11,278,826	78.8%	Defined

COMMONWEALTH EQUITY SERVICES, LLC

$9,491,682

2.40%

851,272

North Ground Capital

$9,116,240

2.31%

817,600

TORONTO DOMINION BANK

$7,805,000

1.98%

700,000

CITADEL ADVISORS LLC

$6,522,917

1.65%

585,015

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	585,015	$6,522,917	100.0%	Defined

LPL Financial LLC

$6,431,253

1.63%

576,794

Almitas Capital LLC

$5,990,839

1.52%

537,295

Cambridge Investment Research Advisors, Inc.

$5,842,979

1.48%

524,034

Matisse Capital

$5,786,850

1.47%

519,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	119,000	$1,326,850	22.9%	Other
Held directly	400,000	$4,460,000	77.1%	Sole

Cetera Investment Advisers

$5,552,499

1.41%

497,982

STIFEL FINANCIAL CORP

$4,781,766

1.21%

428,858

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STIFEL NICOLAUS & CO INC \MO\	428,858	$4,781,766	100.0%	Defined

OSAIC HOLDINGS, INC.

$3,651,144

0.92%

327,457

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	282,263	$3,147,232	86.2%	Defined
CW Advisors, LLC	20,884	$232,856	6.4%	Sole
Osaic Advisory Services, LLC	24,310	$271,056	7.4%	Defined

RAYMOND JAMES FINANCIAL INC

$3,540,749

0.90%

317,556

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	26,321	$293,479	8.3%	Defined
Raymond James Financial Services Advisors, Inc.	291,235	$3,247,270	91.7%	Defined

BlackRock, Inc.

$3,208,044

0.81%

287,717

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BlackRock Asset Management Ireland Ltd	287,717	$3,208,044	100.0%	Sole

Advisors Asset Management, Inc.

$2,979,971

0.75%

267,262

COHEN & STEERS, INC.

$2,397,250

0.61%

215,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Cohen & Steers Capital Management Inc	215,000	$2,397,250	100.0%	Sole

INDEPENDENT FINANCIAL GROUP, LLC

$2,373,322

0.60%

212,854

CHOREO, LLC

$2,354,043

0.60%

211,125

Rockefeller Capital Management L.P.

$2,335,913

0.59%

209,499

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ROCKEFELLER TRUST COMPANY, N.A.	6,621	$73,824	3.2%	Defined
ROCKEFELLER FINANCIAL LLC	202,878	$2,262,089	96.8%	Defined

Clear Street Group Inc.

$2,000,644

0.51%

179,430

Closed-End Fund Advisors, Inc.

$1,899,201

0.48%

170,332

Noble Wealth Management PBC

$1,850,933

0.47%

166,003

RIVERBRIDGE PARTNERS LLC

$1,779,506

0.45%

159,597

Kestra Advisory Services, LLC

$1,660,357

0.42%

148,911

Saba Capital Management, L.P.

$1,428,225

0.36%

128,092

COFG Advisors, LLC

$1,392,690

0.35%

124,905

XTX Topco Ltd

$1,288,415

0.33%

115,553

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	115,553	$1,288,415	100.0%	Defined

Kovack Advisors, Inc.

$1,251,487

0.32%

112,241

CERTIOR FINANCIAL GROUP, LLC

$1,195,737

0.30%

107,241

TrueMark Investments, LLC

$1,104,686

0.28%

99,075

MML INVESTORS SERVICES, LLC

$1,069,039

0.27%

95,878

Ellis Investment Partners, LLC

$1,047,966

0.27%

93,988

WEST MICHIGAN ADVISORS, LLC

$971,399

0.25%

87,121

HighTower Advisors, LLC

$936,332

0.24%

83,976

Prime Capital Investment Advisors, LLC

$935,496

0.24%

83,901

Mariner, LLC

$855,617

0.22%

76,737

Cerity Partners LLC

$850,789

0.22%

76,304

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC

$828,478

0.21%

74,303

HARBOUR INVESTMENTS, INC.

$827,943

0.21%

74,255

OneDigital Investment Advisors LLC

$797,960

0.20%

71,566

Merit Financial Group, LLC

$720,267

0.18%

64,598

Huntleigh Advisors, Inc.

$715,908

0.18%

64,207

JB Capital LLC

$714,046

0.18%

64,040

Private Advisor Group, LLC

$699,171

0.18%

62,706

BANK OF AMERICA CORP /DE/

$685,267

0.17%

61,459

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	11,409	$127,210	18.6%	Defined
BOFA SECURITIES, INC.	50,050	$558,057	81.4%	Defined

SUMMIT WEALTH GROUP LLC / CO

$639,965

0.16%

57,396

Arete Wealth Advisors, LLC

$623,273

0.16%

55,899

ROBINSON CAPITAL MANAGEMENT, LLC

$595,588

0.15%

53,416

PFG Investments, LLC

$584,839

0.15%

52,452

Apollon Wealth Management, LLC

$570,813

0.14%

51,194

GREAT VALLEY ADVISOR GROUP, INC.

$569,575

0.14%

51,083

Blackstone Inc.

$561,547

0.14%

50,363

Plancorp, LLC

$553,452

0.14%

49,637

Inscription Capital, LLC

$526,837

0.13%

47,250

Farther Finance Advisors, LLC

$511,216

0.13%

45,849

UBS Group AG

$498,114

0.13%

44,674

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	4,392	$48,970	9.8%	Defined
UBS Securities LLC	40,282	$449,144	90.2%	Defined

Creative Planning

$476,171

0.12%

42,706

DIVERSIFY WEALTH MANAGEMENT, LLC

$470,998

0.12%

42,242

Diversify Advisory Services, LLC

$470,998

0.12%

42,242

J.W. COLE ADVISORS, INC.

$465,021

0.12%

41,706

NewEdge Advisors, LLC

$445,531

0.11%

39,958

Summit Trail Advisors, LLC

$421,258

0.11%

37,781

Beacon Pointe Advisors, LLC

$418,437

0.11%

37,528

Maridea Wealth Management LLC

$410,944

0.10%

36,856

Intrua Financial, LLC

$397,932

0.10%

35,689

Arkadios Wealth Advisors

$376,010

0.10%

33,723

Lido Advisors, LLC

$371,540

0.09%

33,322

Trivium Point Advisory, LLC

$370,202

0.09%

33,202

Soltis Investment Advisors LLC

$369,388

0.09%

33,129

&PARTNERS

$366,444

0.09%

32,865

Seven Springs Wealth Group, LLC

$365,653

0.09%

32,794

IFG Advisory, LLC

$364,560

0.09%

32,696

CSS LLC/IL

$353,455

0.09%

31,700

JANE STREET GROUP, LLC

$348,615

0.09%

31,266

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	14,604	$162,834	46.7%	Defined
Jane Street Global Trading, LLC	16,662	$185,781	53.3%	Defined

AE Wealth Management LLC

$340,497

0.09%

30,538

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Pineridge Advisors LLC	711	$7,927	2.3%	Other
VCI Wealth Management LLC	142	$1,583	0.5%	Other
Held directly	29,685	$330,987	97.2%	Sole

CX Institutional

$339,818

0.09%

30,477

IHT Wealth Management, LLC

$336,841

0.09%

30,210

Advisor Resource Council

$332,091

0.08%

29,784

Foundations Investment Advisors, LLC

$331,433

0.08%

29,725

Alpine Global Management, LLC

$325,334

0.08%

29,178

OPPENHEIMER & CO INC

$321,019

0.08%

28,791

MONETA GROUP INVESTMENT ADVISORS LLC

$315,478

0.08%

28,294

Cresset Asset Management, LLC

$313,950

0.08%

28,157

MERCER GLOBAL ADVISORS INC /ADV

$311,163

0.08%

27,907

Stratos Wealth Partners, LTD.

$296,523

0.08%

26,594

Csenge Advisory Group

$288,573

0.07%

25,881

Financial Gravity Companies, Inc.

$288,194

0.07%

25,847

Dakota Wealth Management

$282,518

0.07%

25,338

Empower Advisory Group, LLC

$270,632

0.07%

24,272

EverSource Wealth Advisors, LLC

$269,540

0.07%

24,174

BOS Asset Management, LLC

$263,675

0.07%

23,648

Key facts CIK 2065812 CUSIP 644323107 13F (30d) 158 filings 157 filers