OAKTREE SPECIALTY LENDING CO OCSL
COM · Common Stock · CUSIP 67401P405 · ISIN US67401P4054
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 82.2m as of 2025-01-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $15.26. Options: 5 managers hold calls ($955.1k notional), 5 hold puts ($595.6k).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2022 | 4 |
| Q1 2023 | 180 |
| Q2 2023 | 181 |
| Q3 2023 | 187 |
| Q4 2023 | 206 |
| Q1 2024 | 197 |
| Q2 2024 | 199 |
| Q3 2024 | 196 |
| Q4 2024 | 197 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 174 | 4 |
| Q2 2023 | 98 | 71 |
| Q3 2023 | 93 | 71 |
| Q4 2023 | 121 | 63 |
| Q1 2024 | 102 | 94 |
| Q2 2024 | 97 | 82 |
| Q3 2024 | 97 | 96 |
| Q4 2024 | 98 | 97 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $3.5m | $2.7m | 0.76 |
| Q2 2024 | $3.7m | $996.4k | 0.27 |
| Q3 2024 | $1.5m | $1.4m | 0.89 |
| Q4 2024 | $955.1k | $595.6k | 0.62 |
Biggest buyers
| Balyasny Asset Management L.P. | New | +1.2m |
| Invesco Ltd. | Added | +813.4k |
| PRIVATE MANAGEMENT GROUP INC | Added | +721.6k |
| BRUNI J V & CO /CO | Added | +398.2k |
| MILLENNIUM MANAGEMENT LLC | New | +384.9k |
| BI Asset Management Fondsmaeglerselskab A/S | Added | +183.9k |
| Alpine Global Management, LLC | Added | +180.0k |
| UBS Group AG | Added | +176.1k |
| D. E. Shaw & Co., Inc. | New | +170.9k |
| Wills Financial Group, Inc. | New | +166.5k |
Biggest sellers
| HARBOR CAPITAL ADVISORS, INC. | Sold out | -408.6k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Sold out | -404.5k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -347.6k |
| TrueMark Investments, LLC | Sold out | -288.1k |
| Beacon Pointe Advisors, LLC | Reduced | -221.1k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | Sold out | -198.8k |
| PINNACLE ASSOCIATES LTD | Reduced | -180.0k |
| MARSHALL WACE, LLP | Reduced | -162.1k |
| Carnegie Investment Counsel | Reduced | -95.0k |
| U.S. Capital Wealth Advisors, LLC | Sold out | -81.5k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $423.3k27.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $273.5k17.9k shares |
| WOLVERINE TRADING, LLC | New | $170.4k11.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $88.0k5.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $348.4k22.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $166.6k10.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $47.0k3.1k shares |
| GROUP ONE TRADING LLC | Reduced | $33.6k2.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Oaktree Capital I, L.P.
13D · may seek influence
new · filed 2025-02-10
Stated purposeThe Reporting Persons continuously evaluate the businesses and prospects of the Issuer and its subsidiaries, alternative investment opportunities and all other factors deemed relevant in determining whether securities of the Issuer or its subsidiaries will be acquired by the Reporting Persons or by other accounts or funds associated with the Reporting Persons or whether the Reporting Persons or any such other accounts or funds will dispose of any Common Stock acquired by any of them. At any time, securities of the Issuer or its subsidiaries may be acquired, or, subject to the limitations set forth in the purchase agreement described in Item 6 hereof, some or all of the securities beneficially owned by the Reporting Persons may be sold, in either case in the open market, in privately negoti… Full filing |
8.6% |
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 5 | $86.7k | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $40.1k | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | $37.7k | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 2.2m $33.5m | Added +57.2k |
| PRIVATE MANAGEMENT GROUP INC 1.17% of their portfolio | 2.1m $32.5m | Added +721.6k |
| VAN ECK ASSOCIATES CORP 0.04% of their portfolio | 2.1m $32.0m | Added +71.8k |
| ARES MANAGEMENT LLC 1.06% of their portfolio | 2.0m $30.2m | Unchanged |
| BRUNI J V & CO /CO 3.34% of their portfolio | 1.9m $29.5m | Added +398.2k |
| OAKTREE CAPITAL MANAGEMENT LP 0.54% of their portfolio | 1.9m $28.3m | Unchanged |
| Claret Asset Management Corp 3.61% of their portfolio | 1.5m $22.8m | Added +13.9k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 1.2m $18.1m | New |
| Invesco Ltd. 0.00% of their portfolio | 875.9k $13.4m | Added +813.4k |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 833.8k $12.7m | Reduced -18.9k |
| Melia Wealth LLC 6.39% of their portfolio | 801.2k $12.2m | Added +39.4k |
| Legal & General Group Plc 0.00% of their portfolio | 544.5k $8.3m | Reduced -53.3k |
| Generali Asset Management SPA SGR 0.21% of their portfolio | 538.3k $8.2m | First filing |
| OSAIC HOLDINGS, INC. 0.02% of their portfolio | 474.6k $7.3m | Reduced -21.2k |
| PINNACLE ASSOCIATES LTD 0.08% of their portfolio | 403.4k $6.2m | Reduced -180.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 384.9k $5.9m | New |
| UBS Group AG 0.00% of their portfolio | 377.7k $5.8m | Added +176.1k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 369.9k $5.7m | Reduced -57.4k |
| BlackRock, Inc. 0.00% of their portfolio | 367.9k $5.6m | Added +77.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 350.2k $5.4m | Reduced -67.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 349.1k $5.3m | Reduced -61.4k |
| North Ground Capital 5.05% of their portfolio | 307.0k $4.7m | First filing |
| Alpine Global Management, LLC 0.56% of their portfolio | 280.0k $4.3m | Added +180.0k |
| Rezny Wealth Management, Inc. 1.03% of their portfolio | 274.0k $4.2m | Added +16.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 259.8k $4.0m | Unchanged |
| NorthCoast Asset Management LLC 0.02% of their portfolio | 258.9k $4.0m | Added +84.2k |
| Muzinich & Co., Inc. 2.56% of their portfolio | 237.3k $3.6m | Added +27.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 225.3k $3.4m | Added +24.6k |
| Advisors Capital Management, LLC 0.05% of their portfolio | 215.1k $3.3m | Reduced -8.4k |
| United Advisor Group, LLC 0.62% of their portfolio | 206.4k $3.2m | Added +50.9k |
| BI Asset Management Fondsmaeglerselskab A/S 0.03% of their portfolio | 192.6k $2.9m | Added +183.9k |
| Independent Advisor Alliance 0.04% of their portfolio | 189.6k $2.9m | Reduced -7.1k |
| Sovran Advisors, LLC 0.41% of their portfolio | 186.2k $2.8m | First filing |
| GABELLI FUNDS LLC 0.02% of their portfolio | 184.3k $2.8m | Added +6.0k |
| Advisors Asset Management, Inc. 0.05% of their portfolio | 180.6k $2.8m | Reduced -36.7k |
| Cercano Management LLC 0.07% of their portfolio | 180.4k $2.8m | Unchanged |
| Hennion & Walsh Asset Management, Inc. 0.12% of their portfolio | 174.1k $2.7m | Reduced -29.1k |
| Cornerstone Advisory, LLC 0.31% of their portfolio | 172.2k $2.7m | Added +107.8k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 170.9k $2.6m | New |
| Wills Financial Group, Inc. 1.10% of their portfolio | 166.5k $2.5m | New |
| BARCLAYS PLC 0.00% of their portfolio | 165.9k $2.5m | Added +60.1k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 164.0k $2.5m | Reduced -347.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 163.4k $2.5m | Added +1.5k |
| GraniteShares Advisors LLC 1.57% of their portfolio | 161.8k $2.5m | Added +49.6k |
| Arnhold LLC 0.24% of their portfolio | 159.7k $2.4m | Added +32.5k |
| Naviter Wealth, LLC 0.28% of their portfolio | 153.7k $2.3m | New |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 152.6k $2.3m | New |
| DNB Asset Management AS 0.01% of their portfolio | 151.5k $2.3m | Added +34.4k |
| DENALI ADVISORS LLC 0.23% of their portfolio | 143.3k $2.2m | Reduced -14.9k |
| Carnegie Lake Advisors LLC 0.83% of their portfolio | 134.0k $2.0m | Reduced -333 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 130.4k $2.0m | Added +689 |
| Lido Advisors, LLC 0.01% of their portfolio | 124.6k $1.9m | Added +4.6k |
| HighTower Advisors, LLC 0.00% of their portfolio | 123.8k $1.9m | Reduced -17.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 120.4k $1.8m | Added +88.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 116.5k $1.8m | Added +15.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 116.5k $1.8m | New |
| LPL Financial LLC 0.00% of their portfolio | 106.7k $1.6m | Reduced -20.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 106.5k $1.6m | Added +51.9k |
| TT Capital Management LLC 1.17% of their portfolio | 94.5k $1.5m | First filing |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 92.6k $1.4m | Added +78.5k |
| Mariner, LLC 0.00% of their portfolio | 92.3k $1.4m | Reduced -5.6k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 77.4k $1.2m | Reduced -162.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 76.1k $1.2m | First filing |
| VIRTUS ADVISERS, LLC 0.47% of their portfolio | 75.7k $1.2m | Added +21.1k |
| VISTA INVESTMENT PARTNERS II, LLC 0.62% of their portfolio | 68.8k $1.1m | First filing |
| Howard Capital Management Group, LLC 0.06% of their portfolio | 62.0k $948.0k | Unchanged |
| WEALTHEDGE INVESTMENT ADVISORS, LLC 0.42% of their portfolio | 61.7k $942.6k | First filing |
| Corient Private Wealth LP 0.00% of their portfolio | 58.2k $193.3k | Added +29.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 57.5k $879.2k | Added +13.6k |
| Nordwand Advisors, LLC 0.36% of their portfolio | 57.5k $878.8k | Reduced -5.3k |
| BROWN ADVISORY INC 0.00% of their portfolio | 54.0k $825.4k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 53.2k $813.4k | Added +47.1k |
| AlTi Global, Inc. 0.02% of their portfolio | 51.6k $809.7k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 50.6k $773.7k | Reduced -3.6k |
| Arlington Capital Management, Inc. 0.51% of their portfolio | 48.4k $740.0k | New |
| Strategic Wealth Partners, Ltd. 0.06% of their portfolio | 48.0k $752.9k | Added +200 |
| Blue Trust, Inc. 0.01% of their portfolio | 47.9k $731.2k | Added +21.9k |
| Texas Capital Bank Wealth Management Services Inc 0.07% of their portfolio | 46.8k $715.2k | Reduced -61.7k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 45.9k $701.0k | First filing |
| Cresset Asset Management, LLC 0.00% of their portfolio | 45.6k $696.4k | Reduced -46.3k |
| Bramshill Investments, LLC 0.11% of their portfolio | 44.7k $682.4k | Reduced -502 |
| Plan Group Financial, LLC 0.35% of their portfolio | 43.6k $666.1k | Added +5.0k |
| CASTLEKEEP INVESTMENT ADVISORS LLC 0.45% of their portfolio | 42.5k $649.3k | Reduced -18.9k |
| Creative Planning 0.00% of their portfolio | 41.9k $639.9k | Reduced -3.3k |
| Samalin Investment Counsel, LLC 0.27% of their portfolio | 40.5k $619.4k | Reduced -15.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 37.8k $577.4k | New |
| JACKSON THORNTON WEALTH MANAGEMENT, LLC 0.07% of their portfolio | 37.8k $577.4k | New |
| Marble Harbor Investment Counsel, LLC 0.06% of their portfolio | 37.6k $575.3k | Unchanged |
| Financial Strategies Group, Inc. 0.13% of their portfolio | 37.4k $559.3k | Added +9.2k |
| Mandatum Life Insurance Co Ltd 0.17% of their portfolio | 36.9k $564.1k | Added +830 |
| Entropy Technologies, LP 0.06% of their portfolio | 35.9k $547.8k | Added +2.4k |
| FLAGSHIP HARBOR ADVISORS, LLC 0.03% of their portfolio | 35.3k $539.9k | Reduced -6.2k |
| Carnegie Investment Counsel 0.01% of their portfolio | 33.4k $509.7k | Reduced -95.0k |
| Northeast Financial Consultants Inc 0.02% of their portfolio | 32.2k $491.5k | Unchanged |
| Beacon Pointe Advisors, LLC 0.01% of their portfolio | 32.1k $490.4k | Reduced -221.1k |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 31.6k $482.6k | New |
| PFG Investments, LLC 0.03% of their portfolio | 30.7k $468.5k | Added +6.0k |
| Whipplewood Advisors, LLC 0.26% of their portfolio | 30.4k $465.0k | First filing |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 30.3k $463.7k | Reduced -9.5k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 30.3k $463.0k | Reduced -8.7k |