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 $583.0M in total; no superinvestor holds it.
13F holders, Q4 2024
Institutional positions in Morgan Stanley Direct Lending Fund as of Dec 31, 2024. 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
- 82
- +32 vs. Q3 2024
- Shares held
- 20.8M
- +4.10M (+24.5%) vs. Q3 2024
- Total value
- $430.8M
- +$99.9M (+30.2%) vs. Q3 2024
- New holders
- 39
- 36 more added
- Sold out
- 7
- 4 more reduced
2 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2024: 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 | $583.0M |
| Q1 2026 | 139 | $499.2M |
| Q4 2025 | 134 | $598.3M |
| Q3 2025 | 118 | $504.7M |
| Q2 2025 | 110 | $520.6M |
| Q1 2025 | 97 | $513.5M |
| Q4 2024 | 82 | $430.8M |
| Q3 2024 | 52 | $333.7M |
| 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, Q4 2024
Shares, value and share of portfolio for each institution holding Morgan Stanley Direct Lending Fund; share changes are against Q3 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Morgan Stanley | 13,173,953 | $272.2M | 0.02% | +1,634,786+14.2% | Added |
| Van Eck Associates Corp | 1,922,174 | $39.7M | 0.05% | +71,855+3.9% | Added |
| Cliffwater LLC | 1,446,014 | $29.9M | 7.31% | −678,014−31.9% | Reduced |
| Renaissance Technologies LLC | 352,700 | $7.29M | 0.01% | +335,800+1,987.0% | Added |
| Citadel Advisors LLC | 276,005 | $5.70M | 0.01% | +148,339+116.2% | Added |
| Franklin Resources Inc | 237,754 | $4.91M | 0.00% | +160,536+207.9% | Added |
| Naviter Wealth, LLC | 161,561 | $3.43M | 0.41% | +161,561 | New |
| Activest Wealth Management | 164,060 | $3.39M | 0.95% | +83,217+102.9% | Added |
| UBS Group AG | 161,272 | $3.33M | 0.00% | +95,910+146.7% | Added |
| HRT Financial LP | 158,629 | $3.28M | 0.02% | +94,686+148.1% | Added |
| Raymond James Financial Inc | 147,660 | $3.05M | 0.00% | +147,660 | New |
| SFMG, LLC | 138,620 | $2.86M | 0.23% | +138,620 | New |
| Americana Partners, LLC | 136,455 | $2.82M | 0.12% | +136,455 | New |
| D. E. Shaw & Co., Inc. | 131,395 | $2.71M | 0.00% | +131,395 | New |
| JPMorgan Chase & Co | 125,416 | $2.59M | 0.00% | +96,544+334.4% | Added |
| Muzinich & Co., Inc. | 104,501 | $2.16M | 1.52% | +101,079+2,953.8% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 102,118 | $2.11M | 0.00% | +102,118 | New |
| Royal Bank of Canada | 101,330 | $2.09M | 0.00% | +23,697+30.5% | Added |
| Marshall Wace, LLP | 99,913 | $2.06M | 0.00% | +55,908+127.0% | Added |
| Denali Advisors LLC | 92,836 | $1.92M | 0.20% | +92,836 | New |
| Shikiar Asset Management Inc | 86,150 | $1.78M | 0.47% | +86,150 | New |
| ASB Consultores, LLC | 80,310 | $1.66M | 0.69% | 00.0% | Unchanged |
| Stifel Financial Corp | 70,487 | $1.46M | 0.00% | +31,862+82.5% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 68,785 | $1.42M | 0.00% | +68,785 | New |
| Adams Asset Advisors, LLC | 62,992 | $1.30M | 0.17% | +37,992+152.0% | Added |
| Envestnet Asset Management Inc | 62,491 | $1.29M | 0.00% | +62,491 | New |
| LPL Financial LLC | 56,164 | $1.16M | 0.00% | +27,552+96.3% | Added |
| Cubist Systematic Strategies, LLC | 52,741 | $1.09M | 0.02% | +37,970+257.1% | Added |
| ExodusPoint Capital Management, LP | 49,011 | $1.01M | 0.01% | +32,414+195.3% | Added |
| TT Capital Management LLC | 45,980 | $972.5K | 0.78% | +45,980 | New |
| Jane Street Group, LLC | 41,146 | $850.1K | 0.00% | +26,216+175.6% | Added |
| Gsa Capital Partners LLP | 40,997 | $847.0K | 0.06% | +40,997 | New |
| Rockefeller Capital Management L.P. | 40,350 | $833.6K | 0.00% | +22,967+132.1% | Added |
| Zuckerman Investment Group, LLC | 36,000 | $755.6K | 0.07% | +36,000 | New |
| MAI Capital Management | 36,475 | $753.6K | 0.01% | +36,475 | New |
| Invesco Ltd. | 34,161 | $705.8K | 0.00% | +4,573+15.5% | Added |
| Captrust Financial Advisors | 31,986 | $660.8K | 0.00% | +15,993+100.0% | Added |
| Neuberger Berman Group LLC | 31,192 | $644.4K | 0.00% | +31,192 | New |
| Wells Fargo & Company | 29,317 | $605.7K | 0.00% | +8,113+38.3% | Added |
| XTX Topco Ltd | 29,142 | $602.1K | 0.05% | +29,142 | New |
| Truist Financial Corp | 27,228 | $562.5K | 0.00% | +8,830+48.0% | Added |
| HighTower Advisors, LLC | 27,117 | $560.2K | 0.00% | +11,217+70.5% | Added |
| Fountainhead AM, LLC | 26,760 | $552.9K | 0.10% | +729+2.8% | Added |
| Confluence Investment Management LLC | 26,142 | $540.1K | 0.01% | +365+1.4% | Added |
| Everpar Advisors LLC | 25,969 | $536.5K | 0.27% | +6,901+36.2% | Added |
| Eagle Global Advisors LLC | 25,800 | $533.0K | 0.02% | 00.0% | Unchanged |
| Millennium Management LLC | 25,392 | $524.6K | 0.00% | −10,279−28.8% | Reduced |
| CAPROCK Group, Inc. | 24,092 | $514.6K | 0.02% | +12,046+100.0% | Added |
| The PNC Financial Services Group, Inc. | 24,724 | $510.8K | 0.00% | +24,724 | New |
| Black Swift Group, LLC | 24,470 | $505.6K | 0.11% | +24,470 | New |
| Two Sigma Advisers, LP | 23,900 | $493.8K | 0.00% | +23,900 | New |
| Grimes & Company, Inc. | 22,033 | $455.2K | 0.01% | +22,033 | New |
| LM Advisors LLC | 21,650 | $450.0K | 0.08% | −17,856−45.2% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 21,427 | $442.7K | 0.02% | +21,427 | New |
| Entropy Technologies, LP | 18,985 | $392.2K | 0.04% | +18,985 | New |
| Balyasny Asset Management LLC | 18,706 | $386.5K | 0.00% | +18,706 | New |
| Centiva Capital, LP | 17,356 | $358.6K | 0.01% | +6,595+61.3% | Added |
| Commonwealth Equity Services, LLC | 17,029 | $352.0K | 0.00% | +17,029 | New |
| Clearstead Advisors, LLC | 16,792 | $346.9K | 0.01% | +6,396+61.5% | Added |
| Nordwand Advisors, LLC | 16,060 | $331.8K | 0.14% | +16,060 | New |
| Opal Wealth Advisors, LLC | 15,105 | $312.1K | 0.09% | +15,105 | New |
| Lido Advisors, LLC | 13,944 | $296.1K | 0.00% | +13,944 | New |
| Virtus ETF Advisers LLC | 13,820 | $285.5K | 0.12% | +4,462+47.7% | Added |
| Sanctuary Advisors, LLC | 13,563 | $285.5K | 0.00% | +13,563 | New |
| Bryn Mawr Trust Co | 12,500 | $258.3K | 0.00% | +12,500 | New |
| Samalin Investment Counsel, LLC | 11,074 | $228.8K | 0.10% | +11,074 | New |
| Squarepoint Ops LLC | 11,064 | $228.6K | 0.00% | +11,064 | New |
| Bank of America Corp | 10,857 | $224.3K | 0.00% | +9,895+1,028.6% | Added |
| Icon Wealth Advisors, LLC | 10,114 | $209.0K | 0.02% | +10,114 | New |
| Total Clarity Wealth Management, Inc. | 9,862 | $203.7K | 0.07% | +9,862 | New |
| Bank of Nova Scotia | 9,689 | $200.2K | 0.00% | +9,689 | New |
| Simplex Trading, LLC | 8,064 | $166.0K | 0.00% | +3,112+62.8% | Added |
| BNP Paribas Arbitrage, SA | 6,771 | $139.9K | 0.00% | +5,671+515.5% | Added |
| Citigroup Inc | 5,039 | $104.1K | 0.00% | +5,039 | New |
| BI Asset Management Fondsmaeglerselskab A/S | 5,000 | $103.0K | 0.00% | +5,000 | New |
| Advisor Group Holdings, Inc. | 4,489 | $92.7K | 0.00% | +4,139+1,182.6% | Added |
| RE Dickinson Investment Advisors, LLC | 4,077 | $84.2K | 0.05% | +4,077 | New |
| Comerica Bank | 2,568 | $53.1K | 0.00% | +1,284+100.0% | Added |
| Allworth Financial LP | 1,606 | $34.0K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 1,000 | $20.7K | 0.00% | +1,000 | New |
| Tower Research Capital LLC (TRC) | 812 | $16.8K | 0.00% | −559−40.8% | Reduced |
| National Bank of Canada | 252 | $5.21K | 0.00% | +252 | New |
| Monashee Investment Management LLC | 0 | $0 | 0.00% | −44,956−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −22,112−100.0% | Sold out |
| National Asset Management, Inc. | 0 | $0 | 0.00% | −13,252−100.0% | Sold out |
| Bartlett & Co. Wealth Management LLC | 0 | $0 | 0.00% | −1,294−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −1,041−100.0% | Sold out |
| CIBC Private Wealth Group, LLC | 0 | $0 | 0.00% | −923−100.0% | Sold out |
| Point72 (DIFC) Ltd | 0 | $0 | 0.00% | −44−100.0% | Sold out |
| Raymond James & Associates | – | – | – | – | Not filed |
| Raymond James Financial Services Advisors, Inc. | – | – | – | – | Not filed |