Morgan Stanley Direct Lending Fund
MSDL- Exchange
- NYSE
- SEC CIK
- 0001782524
No open-market purchases or sales by Morgan Stanley Direct Lending Fund insiders were filed in the last 90 days; 140 institutions reported holding it in 13F filings for Q2 2026, worth $585.0M in total; no superinvestor holds it.
13F holders, Q2 2026
Institutional positions in Morgan Stanley Direct Lending Fund as of Jun 30, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 140
- +3 vs. Q1 2026
- Shares held
- 38.6M
- +2.83M (+7.9%) vs. Q1 2026
- Total value
- $585.0M
- +$86.0M (+17.2%) vs. Q1 2026
- New holders
- 24
- 49 more added
- Sold out
- 21
- 42 more reduced
2 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2026: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting MSDL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 140 | $585.0M |
| Q1 2026 | 139 | $499.2M |
| Q4 2025 | 134 | $598.4M |
| Q3 2025 | 118 | $505.3M |
| Q2 2025 | 110 | $525.2M |
| Q1 2025 | 97 | $513.5M |
| Q4 2024 | 82 | $430.7M |
| Q3 2024 | 52 | $334.3M |
| Q2 2024 | 18 | $308.3M |
| Q1 2024 | 20 | $302.5M |
| Q4 2023 | 0 | $0 |
| Q3 2023 | 0 | $0 |
| Q2 2023 | 0 | $0 |
| Q1 2023 | 0 | $0 |
| Q4 2022 | 0 | $0 |
| Q3 2022 | 0 | $0 |
| Q2 2022 | 0 | $0 |
| Q1 2022 | 0 | $0 |
| Q4 2021 | 0 | $0 |
| Q3 2021 | 0 | $0 |
| Q2 2021 | 0 | $0 |
| Q1 2021 | 0 | $0 |
Institutions, Q2 2026
Shares, value and share of portfolio for each institution holding Morgan Stanley Direct Lending Fund; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Morgan Stanley | 15,723,274 | $237.7M | 0.01% | −151,088−1.0% | Reduced |
| UBS Group AG | 2,581,090 | $39.0M | 0.01% | +984,494+61.7% | Added |
| Van Eck Associates Corp | 2,014,119 | $30.5M | 0.02% | +580,142+40.5% | Added |
| Generali Asset Management SPA SGR | 1,829,964 | $27.7M | 0.50% | 00.0% | Unchanged |
| Lunate Capital Ltd | 1,103,814 | $16.7M | 8.51% | +1,103,814 | New |
| Russell Investments Group, Ltd. | 1,061,802 | $16.1M | 0.01% | +339,853+47.1% | Added |
| Two Sigma Investments, LP | 893,188 | $13.5M | 0.01% | +3,839+0.4% | Added |
| Muzinich & Co., Inc. | 838,899 | $12.7M | 4.33% | +71,097+9.3% | Added |
| Ares Management LLC | 775,128 | $11.7M | 0.51% | +363,128+88.1% | Added |
| Ensign Peak Advisors, Inc | 748,000 | $11.3M | 0.02% | +748,000 | New |
| Altshuler Shaham Ltd | 650,437 | $9.83M | 0.12% | 00.0% | Unchanged |
| American Financial Group Inc | 631,500 | $9.55M | 3.37% | 00.0% | Unchanged |
| Sumitomo Mitsui Trust Holdings, Inc. | 616,116 | $9.32M | 0.01% | +58,003+10.4% | Added |
| Brown Brothers Harriman & Co | 539,662 | $8.16M | 0.04% | +539,662 | New |
| Wells Fargo & Company | 515,964 | $7.80M | 0.00% | −26,832−4.9% | Reduced |
| DG Capital Management, LLC | 475,537 | $7.19M | 2.49% | −100,000−17.4% | Reduced |
| Franklin Resources Inc | 456,469 | $6.90M | 0.00% | +269,658+144.3% | Added |
| Caz Investments LP | 399,455 | $6.04M | 1.99% | +399,455 | New |
| TT Capital Management LLC | 343,317 | $5.19M | 4.04% | +10,850+3.3% | Added |
| Hennion & Walsh Asset Management, Inc. | 315,801 | $4.77M | 0.14% | +28,418+9.9% | Added |
| Trexquant Investment LP | 296,078 | $4.48M | 0.03% | −113,248−27.7% | Reduced |
| Americana Partners, LLC | 262,611 | $3.97M | 0.09% | +5,427+2.1% | Added |
| Fosun International Ltd | 240,374 | $3.63M | 0.81% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 238,437 | $3.61M | 0.00% | −26,847−10.1% | Reduced |
| Liberty Mutual Group Asset Management Inc. | 204,770 | $3.10M | 0.27% | 00.0% | Unchanged |
| Millennium Management LLC | 204,517 | $3.09M | 0.00% | −71,509−25.9% | Reduced |
| Cullen/Frost Bankers, Inc. | 184,080 | $2.78M | 0.03% | 00.0% | Unchanged |
| Naviter Wealth, LLC | 176,534 | $2.75M | 0.25% | +35,907+25.5% | Added |
| Rockefeller Capital Management L.P. | 165,873 | $2.51M | 0.00% | +14,839+9.8% | Added |
| GraniteShares Advisors LLC | 164,369 | $2.49M | 1.60% | +21,525+15.1% | Added |
| SFMG, LLC | 159,722 | $2.41M | 0.15% | −49,003−23.5% | Reduced |
| Adams Asset Advisors, LLC | 148,696 | $2.25M | 0.25% | +34,264+29.9% | Added |
| Neuberger Berman Group LLC | 148,087 | $2.24M | 0.00% | −13,980−8.6% | Reduced |
| Raymond James Financial Inc | 145,746 | $2.20M | 0.00% | +39,322+36.9% | Added |
| Colony Group, LLC | 141,101 | $2.14M | 0.00% | +92,274+189.0% | Added |
| State Street Corp | 124,279 | $1.93M | 0.00% | +18,815+17.8% | Added |
| Shikiar Asset Management Inc | 112,750 | $1.71M | 0.43% | +8,150+7.8% | Added |
| GFS Advisors, LLC | 2,900 | $1.70M | 0.09% | +2,900 | New |
| Legacy Capital Wealth Partners, LLC | 110,870 | $1.68M | 0.32% | +24,837+28.9% | Added |
| Royal Bank of Canada | 107,947 | $1.63M | 0.00% | +50,858+89.1% | Added |
| P.A.W. Capital Corp | 102,600 | $1.55M | 1.19% | +3,400+3.4% | Added |
| Callodine Capital Management, LP | 100,000 | $1.51M | 0.10% | +100,000 | New |
| Pension & Wealth Management Advisors, Inc. | 96,296 | $1.46M | 0.39% | +27,101+39.2% | Added |
| Stifel Financial Corp | 95,023 | $1.44M | 0.00% | +1,909+2.1% | Added |
| LPL Financial LLC | 92,091 | $1.39M | 0.00% | +21,140+29.8% | Added |
| Activest Wealth Management | 88,943 | $1.34M | 0.26% | −115,780−56.6% | Reduced |
| LM Advisors LLC | 84,112 | $1.31M | 0.15% | +83,060+7,895.4% | Added |
| Ilex Capital Partners (UK) LLP | 82,946 | $1.25M | 0.03% | +82,946 | New |
| Citadel Advisors LLC | 73,595 | $1.11M | 0.00% | −3,477−4.5% | Reduced |
| Victory Capital Management Inc | 69,269 | $1.05M | 0.00% | +69,269 | New |
| Confluence Investment Management LLC | 67,513 | $1.02M | 0.02% | +192+0.3% | Added |
| Goldman Sachs Group Inc | 60,609 | $916.4K | 0.00% | −28,238−31.8% | Reduced |
| Balyasny Asset Management LLC | 59,442 | $898.8K | 0.00% | −57,311−49.1% | Reduced |
| Susquehanna International Group, LLP | 53,542 | $809.6K | 0.00% | +9,398+21.3% | Added |
| Denali Advisors LLC | 52,862 | $799.3K | 0.08% | −4,895−8.5% | Reduced |
| Cetera Investment Advisers | 51,910 | $784.9K | 0.00% | −1,872−3.5% | Reduced |
| Captrust Financial Advisors | 49,345 | $746.1K | 0.00% | −350−0.7% | Reduced |
| Hourglass Capital, LLC | 48,672 | $735.9K | 0.14% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 48,337 | $730.9K | 0.00% | −26,711−35.6% | Reduced |
| Engineers Gate Manager LP | 46,340 | $700.7K | 0.01% | +27,425+145.0% | Added |
| Cambridge Investment Research Advisors, Inc. | 42,054 | $636.0K | 0.00% | +26,610+172.3% | Added |
| HRT Financial LP | 41,334 | $624.0K | 0.00% | +41,334 | New |
| Truist Financial Corp | 40,856 | $617.7K | 0.00% | −10,525−20.5% | Reduced |
| Closed-End Fund Advisors, Inc. | 40,516 | $612.6K | 0.60% | −2,325−5.4% | Reduced |
| Scotia Capital Inc. | 40,000 | $604.8K | 0.00% | +40,000 | New |
| Invesco Ltd. | 35,119 | $531.0K | 0.00% | −30,763−46.7% | Reduced |
| NewGen Asset Management Ltd | 34,300 | $518.6K | 0.28% | +10,000+41.2% | Added |
| Guggenheim Capital LLC | 33,858 | $511.9K | 0.00% | +3,629+12.0% | Added |
| Fiduciary Group LLC | 33,724 | $509.9K | 0.04% | −3,200−8.7% | Reduced |
| Texas Yale Capital Corp. | 29,955 | $452.9K | 0.01% | +7,280+32.1% | Added |
| Belpointe Asset Management LLC | 29,333 | $443.5K | 0.01% | +29,333 | New |
| Infrastructure Capital Advisors, LLC | 29,001 | $438.5K | 0.03% | +3,000+11.5% | Added |
| XTX Topco Ltd | 28,198 | $426.4K | 0.01% | −163,715−85.3% | Reduced |
| Envestnet Asset Management Inc | 28,154 | $425.7K | 0.00% | −1,082−3.7% | Reduced |
| Squarepoint Ops LLC | 27,425 | $414.7K | 0.00% | −5,183−15.9% | Reduced |
| Northern Trust Corp | 27,394 | $414.2K | 0.00% | −563−2.0% | Reduced |
| O'Rourke & Company, Inc | 27,058 | $409.1K | 0.14% | +27,058 | New |
| Lido Advisors, LLC | 25,943 | $399.2K | 0.00% | −33,480−56.3% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 25,821 | $390.0K | 0.00% | −107,910−80.7% | Reduced |
| Advisor Group Holdings, Inc. | 24,690 | $373.3K | 0.00% | +7,545+44.0% | Added |
| Virtus Investment Advisers, Inc. | 24,668 | $373.0K | 0.09% | −3,624−12.8% | Reduced |
| National Bank of Canada | 24,089 | $364.2K | 0.00% | +323+1.4% | Added |
| Clearstead Advisors, LLC | 24,000 | $362.9K | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 23,435 | $354.3K | 0.00% | +13,165+128.2% | Added |
| Commonwealth Equity Services, LLC | 22,993 | $347.6K | 0.00% | −7,561−24.7% | Reduced |
| Oppenheimer & Co Inc | 22,410 | $338.8K | 0.00% | −433−1.9% | Reduced |
| Global Strategic Investment Solutions, LLC | 21,927 | $331.5K | 0.03% | +467+2.2% | Added |
| JPMorgan Chase & Co | 20,283 | $317.2K | 0.00% | −2,071−9.3% | Reduced |
| Generali Investments CEE, investicni spolecnost, a.s. | 20,722 | $313.3K | 0.01% | 00.0% | Unchanged |
| Pathstone Holdings, LLC | 20,303 | $307.0K | 0.00% | +1,096+5.7% | Added |
| Almitas Capital LLC | 20,000 | $302.4K | 0.07% | 00.0% | Unchanged |
| Cowa, LLC | 19,720 | $298.2K | 0.07% | +4,084+26.1% | Added |
| Everpar Advisors LLC | 18,547 | $280.4K | 0.08% | 00.0% | Unchanged |
| Fountainhead AM, LLC | 18,269 | $276.2K | 0.21% | +527+3.0% | Added |
| Icon Wealth Advisors, LLC | 17,928 | $271.1K | 0.02% | +516+3.0% | Added |
| Sanctuary Advisors, LLC | 17,669 | $267.2K | 0.00% | 00.0% | Unchanged |
| Reicon Wealth Advisors, LLC | 17,646 | $266.8K | 0.17% | +297+1.7% | Added |
| AQR Capital Management LLC | 16,247 | $245.6K | 0.00% | +2,221+15.8% | Added |
| Clear Harbor Asset Management, LLC | 15,610 | $236.0K | 0.01% | −830−5.0% | Reduced |
| Eagle Global Advisors LLC | 15,525 | $234.7K | 0.01% | −1,390−8.2% | Reduced |