MSDL · Morgan Stanley Direct Lending Fund

$15.32 +0.06 (+0.39%) At close · Aug 27

Market Cap

$1.29B

84.11M

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: 141

Total Value: $580,143,345

Total Shares: 38,369,273

Showing 1–100 of 145 holdings by value · page 1 of 2

Institutional Ownership Trend

10 quarters

Holder Concentration

Across 141 13F filers · Δ vs Mar 31, 2026

Top Holder

41.0%

−3.0 pts

Top 5

60.6%

+0.2 pts

Top 10

71.9%

+1.3 pts

HHI

1,831

Moderately concentrated−218

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: +1

Institutional value: +15.2%

Shares held: +6.4%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega UBS Group AG	+984,494	2,581,090
Mega VAN ECK ASSOCIATES CORP	+580,142	2,014,119
Mid ARES MANAGEMENT LLC	+363,128	775,128
Mega Russell Investments Group, Ltd.	+339,853	1,061,802
Mega FRANKLIN RESOURCES INC	+269,658	456,469

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mid XTX Topco Ltd	−163,715	28,198
Mega MORGAN STANLEY	−151,088	15,723,274
Mega JANE STREET GROUP, LLC	−136,364	15,100
Small Activest Wealth Management	−115,780	88,943
Large Trexquant Investment LP	−113,248	296,078

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Small Lunate Capital Ltd	1,103,814	$16,689,667
Large Ensign Peak Advisors, Inc	748,000	$11,309,760
Large BROWN BROTHERS HARRIMAN & CO	539,662	$8,159,689
Mid Callodine Capital Management, LP	100,000	$1,512,000
Mid Ilex Capital Partners (UK) LLP	82,946	$1,254,143

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mid RIVERNORTH CAPITAL MANAGEMENT, LLC	1,052,351	$14,690,819
Large TORONTO DOMINION BANK	622,212	$8,686,079
Large ExodusPoint Capital Management, LP	160,332	$2,238,234
Large Point72 Asset Management, L.P.	154,421	$2,155,717
Large RENAISSANCE TECHNOLOGIES LLC	101,429	$1,415,948

Filter: New 24 Increased 48 Reduced 44 Sold out 23 Unchanged 25

Showing 100 of 145

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

MORGAN STANLEY

$237,735,900

40.98%

15,723,274

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

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY AIP GP LP	146,515	$2,215,306	0.9%	Defined
MORGAN STANLEY INVESTMENT MANAGEMENT INC	4,489,954	$67,888,104	28.6%	Defined
MORGAN STANLEY SMITH BARNEY LLC	1,358,367	$20,538,508	8.6%	Defined
MS Credit Partners Holdings Inc.	9,727,311	$147,076,942	61.9%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	1,127	$17,040	0.0%	Defined

UBS Group AG

$39,026,079

6.73%

2,581,090

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	194,164	$2,935,759	7.5%	Defined
UBS AG	1,773,666	$26,817,829	68.7%	Defined
UBS Switzerland AG	191,060	$2,888,827	7.4%	Defined
UBS Securities LLC	422,200	$6,383,664	16.4%	Defined

VAN ECK ASSOCIATES CORP

$30,453,479

5.25%

2,014,119

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

Manager	Shares	Value (USD)	% of position	Discretion
VanEck Investments Limited	388,068	$5,867,588	19.3%	Sole
Held directly	1,626,051	$24,585,891	80.7%	Sole

Generali Asset Management SPA SGR

$27,669,055

4.77%

1,829,964

Lunate Capital Ltd

$16,689,667

2.88%

1,103,814

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

Manager	Shares	Value (USD)	% of position	Discretion
Lunate Holding RSC Ltd	1,103,814	$16,689,667	100.0%	Defined

Russell Investments Group, Ltd.

$16,054,446

2.77%

1,061,802

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

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investments Implementation Services, LLC	1,061,802	$16,054,446	100.0%	Defined

TWO SIGMA INVESTMENTS, LP

$13,505,002

2.33%

893,188

Muzinich & Co., Inc.

$12,684,152

2.19%

838,899

ARES MANAGEMENT LLC

$11,719,935

2.02%

775,128

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

Manager	Shares	Value (USD)	% of position	Discretion
Ares Capital Management III LLC	775,128	$11,719,935	100.0%	Defined

Ensign Peak Advisors, Inc

$11,309,760

1.95%

748,000

Altshuler Shaham Ltd

$9,834,607

1.70%

650,437

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

Manager	Shares	Value (USD)	% of position	Discretion
Altshuler Shaham Provident & Pension Funds Ltd.	650,437	$9,834,607	100.0%	Defined

AMERICAN FINANCIAL GROUP INC

$9,548,280

1.65%

631,500

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

Manager	Shares	Value (USD)	% of position	Discretion
Great American Insurance Company	631,500	$9,548,280	100.0%	Defined

Sumitomo Mitsui Trust Group, Inc.

$9,315,673

1.61%

616,116

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

Manager	Shares	Value (USD)	% of position	Discretion
Amova Asset Management Co., Ltd.	616,116	$9,315,673	100.0%	Defined

BROWN BROTHERS HARRIMAN & CO

$8,159,689

1.41%

539,662

WELLS FARGO & COMPANY/MN

$7,801,375

1.34%

515,964

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

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	438,837	$6,635,215	85.1%	Defined
WELLS FARGO CLEARING SERVICES, LLC	77,127	$1,166,160	14.9%	Defined

DG Capital Management, LLC

$7,190,119

1.24%

475,537

FRANKLIN RESOURCES INC

$6,901,811

1.19%

456,469

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

Manager	Shares	Value (USD)	% of position	Discretion
PUTNAM INVESTMENT MANAGEMENT LLC	456,469	$6,901,811	100.0%	Defined

TT Capital Management LLC

$5,190,953

0.89%

343,317

Hennion & Walsh Asset Management, Inc.

$4,774,911

0.82%

315,801

Trexquant Investment LP

$4,476,699

0.77%

296,078

Americana Partners, LLC

$3,970,678

0.68%

262,611

Fosun International Ltd

$3,634,454

0.63%

240,374

HighTower Advisors, LLC

$3,605,167

0.62%

238,437

Liberty Mutual Group Asset Management Inc.

$3,096,122

0.53%

204,770

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

Manager	Shares	Value (USD)	% of position	Discretion
Liberty Mutual Insurance Company	204,770	$3,096,122	100.0%	Defined

MILLENNIUM MANAGEMENT LLC

$3,092,297

0.53%

204,517

Cullen/Frost Bankers, Inc.

$2,783,289

0.48%

184,080

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

Manager	Shares	Value (USD)	% of position	Discretion
Frost Bank - FWA	184,080	$2,783,289	100.0%	Defined

Naviter Wealth, LLC

$2,669,194

0.46%

176,534

Rockefeller Capital Management L.P.

$2,507,999

0.43%

165,873

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

Manager	Shares	Value (USD)	% of position	Discretion
ROCKEFELLER FINANCIAL LLC	165,873	$2,507,999	100.0%	Defined

GraniteShares Advisors LLC

$2,485,259

0.43%

164,369

SFMG, LLC

$2,414,996

0.42%

159,722

Adams Asset Advisors, LLC

$2,248,283

0.39%

148,696

NEUBERGER BERMAN GROUP LLC

$2,239,075

0.39%

148,087

RAYMOND JAMES FINANCIAL INC

$2,203,679

0.38%

145,746

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

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	122,220	$1,847,966	83.9%	Defined
Raymond James Financial Services Advisors, Inc.	23,526	$355,713	16.1%	Defined

Focus Partners Wealth

$2,133,447

0.37%

141,101

STATE STREET CORP

$1,879,098

0.32%

124,279

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

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS TRUST COMPANY	124,279	$1,879,098	100.0%	Defined

SHIKIAR ASSET MANAGEMENT INC

$1,704,780

0.29%

112,750

Legacy Capital Wealth Partners, LLC

$1,676,354

0.29%

110,870

ROYAL BANK OF CANADA

$1,632,158

0.28%

107,947

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

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	51,747	$782,414	47.9%	Defined
RBC Dominion Securities Inc.	56,200	$849,744	52.1%	Defined

P.A.W. CAPITAL CORP

$1,551,312

0.27%

102,600

Callodine Capital Management, LP

$1,512,000

0.26%

100,000

PENSION & WEALTH MANAGEMENT ADVISORS, INC.

$1,455,995

0.25%

96,296

STIFEL FINANCIAL CORP

$1,436,747

0.25%

95,023

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\	95,023	$1,436,747	100.0%	Defined

LPL Financial LLC

$1,392,415

0.24%

92,091

Activest Wealth Management

$1,344,818

0.23%

88,943

LM Advisors LLC

$1,271,773

0.22%

84,112

Ilex Capital Partners (UK) LLP

$1,254,143

0.22%

82,946

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$1,132,488

0.20%

74,900

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

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	74,900	$1,132,488	100.0%	Other

CITADEL ADVISORS LLC

$1,112,756

0.19%

73,595

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	63,550	$960,876	86.4%	Defined
Held directly	10,045	$151,880	13.6%	Defined

VICTORY CAPITAL MANAGEMENT INC

$1,047,347

0.18%

69,269

CONFLUENCE INVESTMENT MANAGEMENT LLC

$1,020,795

0.18%

67,513

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

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	48,658	$735,708	72.1%	Defined
Held directly	18,855	$285,087	27.9%	Sole

GOLDMAN SACHS GROUP INC

$916,408

0.16%

60,609

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

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	60,609	$916,408	100.0%	Defined

Balyasny Asset Management L.P.

$898,763

0.15%

59,442

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$809,554

0.14%

53,542

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

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	32,494	$491,309	60.7%	Other
G1 EXECUTION SERVICES, LLC	21,048	$318,245	39.3%	Other

DENALI ADVISORS LLC

$799,273

0.14%

52,862

Cetera Investment Advisers

$784,879

0.14%

51,910

CITADEL ADVISORS LLC

$775,656

0.13%

51,300

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	51,300	$775,656	100.0%	Defined

CAPTRUST FINANCIAL ADVISORS

$746,096

0.13%

49,345

HOURGLASS CAPITAL, LLC

$735,920

0.13%

48,672

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$734,832

0.13%

48,600

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

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	48,600	$734,832	100.0%	Other

Steward Partners Investment Advisory, LLC

$730,855

0.13%

48,337

Engineers Gate Manager LP

$700,660

0.12%

46,340

HRT FINANCIAL LP

$624,970

0.11%

41,334

TRUIST FINANCIAL CORP

$617,742

0.11%

40,856

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

Manager	Shares	Value (USD)	% of position	Discretion
TRUIST BANK /NC/	1,000	$15,120	2.4%	Defined
Truist Advisory Services, Inc.	39,856	$602,622	97.6%	Defined

Closed-End Fund Advisors, Inc.

$612,601

0.11%

40,516

SCOTIA CAPITAL INC.

$604,800

0.10%

40,000

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

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF NOVA SCOTIA	40,000	$604,800	100.0%	Defined

Invesco Ltd.

$530,999

0.09%

35,119

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

Manager	Shares	Value (USD)	% of position	Discretion
Invesco Investment Advisers LLC	35,119	$530,999	100.0%	Defined

NewGen Asset Management Ltd

$518,616

0.09%

34,300

GUGGENHEIM CAPITAL LLC

$511,932

0.09%

33,858

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

Manager	Shares	Value (USD)	% of position	Discretion
GUGGENHEIM FUNDS DISTRIBUTORS, LLC	33,858	$511,932	100.0%	Defined

Fiduciary Group, LLC

$509,906

0.09%

33,724

Texas Yale Capital Corp.

$452,919

0.08%

29,955

Belpointe Asset Management LLC

$443,514

0.08%

29,333

INFRASTRUCTURE CAPITAL ADVISORS, LLC

$438,495

0.08%

29,001

XTX Topco Ltd

$426,353

0.07%

28,198

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	28,198	$426,353	100.0%	Defined

ENVESTNET ASSET MANAGEMENT INC

$425,688

0.07%

28,154

Squarepoint Ops LLC

$414,666

0.07%

27,425

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

Manager	Shares	Value (USD)	% of position	Discretion
Squarepoint Capital LLP	27,425	$414,666	100.0%	Defined

NORTHERN TRUST CORP

$414,197

0.07%

27,394

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

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	27,394	$414,197	100.0%	Defined

O'ROURKE & COMPANY, Inc

$409,116

0.07%

27,058

Lido Advisors, LLC

$392,258

0.07%

25,943

BI Asset Management Fondsmaeglerselskab A/S

$390,413

0.07%

25,821

OSAIC HOLDINGS, INC.

$373,312

0.06%

24,690

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

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	16,940	$256,132	68.6%	Defined
Osaic Advisory Services, LLC	7,750	$117,180	31.4%	Defined

Virtus Investment Advisers, LLC

$372,980

0.06%

24,668

NATIONAL BANK OF CANADA /FI/

$364,225

0.06%

24,089

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

Manager	Shares	Value (USD)	% of position	Discretion
National Bank Financial Inc.	24,089	$364,225	100.0%	Defined

Clearstead Advisors, LLC

$362,880

0.06%

24,000

BANK OF AMERICA CORP /DE/

$354,337

0.06%

23,435

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	23,435	$354,337	100.0%	Defined

COMMONWEALTH EQUITY SERVICES, LLC

$347,654

0.06%

22,993

OPPENHEIMER & CO INC

$338,839

0.06%

22,410

Global Strategic Investment Solutions, LLC

$331,536

0.06%

21,927

Cambridge Investment Research Advisors, Inc.

$317,928

0.05%

21,027

Generali Investments CEE, investicni spolecnost, a.s.

$313,316

0.05%

20,722

Pathstone Holdings, LLC

$306,981

0.05%

20,303

JPMORGAN CHASE & CO

$306,678

0.05%

20,283

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

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities LLC	20,283	$306,678	100.0%	Defined

Almitas Capital LLC

$302,400

0.05%

20,000

COWA, LLC

$298,166

0.05%

19,720

EVERPAR ADVISORS LLC

$280,430

0.05%

18,547

OBSIDIAN CIO, LLC

$276,227

0.05%

18,269

Icon Wealth Advisors, LLC

$271,071

0.05%

17,928

CITADEL ADVISORS LLC

$267,624

0.05%

17,700

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	17,700	$267,624	100.0%	Defined

Sanctuary Advisors, LLC

$267,155

0.05%

17,669

REICON WEALTH ADVISORS, LLC

$266,807

0.05%

17,646

AQR CAPITAL MANAGEMENT LLC

$245,654

0.04%

16,247

Key facts CIK 1782524 CUSIP 61774A103 13F (30d) 122 filings 119 filers Visit website Investor relations