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 |
|---|---|---|---|---|---|
| National Bank of Canada | 252 | $5.21K | 0.00% | +252 | New |
| Tower Research Capital LLC (TRC) | 812 | $16.8K | 0.00% | −559−40.8% | Reduced |
| Steward Partners Investment Advisory, LLC | 1,000 | $20.7K | 0.00% | +1,000 | New |
| Allworth Financial LP | 1,606 | $34.0K | 0.00% | 00.0% | Unchanged |
| Comerica Bank | 2,568 | $53.1K | 0.00% | +1,284+100.0% | Added |
| RE Dickinson Investment Advisors, LLC | 4,077 | $84.2K | 0.05% | +4,077 | New |
| Advisor Group Holdings, Inc. | 4,489 | $92.7K | 0.00% | +4,139+1,182.6% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 5,000 | $103.0K | 0.00% | +5,000 | New |
| Citigroup Inc | 5,039 | $104.1K | 0.00% | +5,039 | New |
| BNP Paribas Arbitrage, SA | 6,771 | $139.9K | 0.00% | +5,671+515.5% | Added |
| Simplex Trading, LLC | 8,064 | $166.0K | 0.00% | +3,112+62.8% | Added |
| Bank of Nova Scotia | 9,689 | $200.2K | 0.00% | +9,689 | New |
| Total Clarity Wealth Management, Inc. | 9,862 | $203.7K | 0.07% | +9,862 | New |
| Icon Wealth Advisors, LLC | 10,114 | $209.0K | 0.02% | +10,114 | New |
| Bank of America Corp | 10,857 | $224.3K | 0.00% | +9,895+1,028.6% | Added |
| Squarepoint Ops LLC | 11,064 | $228.6K | 0.00% | +11,064 | New |
| Samalin Investment Counsel, LLC | 11,074 | $228.8K | 0.10% | +11,074 | New |
| Bryn Mawr Trust Co | 12,500 | $258.3K | 0.00% | +12,500 | New |
| Sanctuary Advisors, LLC | 13,563 | $285.5K | 0.00% | +13,563 | New |
| Virtus ETF Advisers LLC | 13,820 | $285.5K | 0.12% | +4,462+47.7% | Added |
| Lido Advisors, LLC | 13,944 | $296.1K | 0.00% | +13,944 | New |
| Opal Wealth Advisors, LLC | 15,105 | $312.1K | 0.09% | +15,105 | New |
| Nordwand Advisors, LLC | 16,060 | $331.8K | 0.14% | +16,060 | New |
| Clearstead Advisors, LLC | 16,792 | $346.9K | 0.01% | +6,396+61.5% | Added |
| Commonwealth Equity Services, LLC | 17,029 | $352.0K | 0.00% | +17,029 | New |
| Centiva Capital, LP | 17,356 | $358.6K | 0.01% | +6,595+61.3% | Added |
| Balyasny Asset Management LLC | 18,706 | $386.5K | 0.00% | +18,706 | New |
| Entropy Technologies, LP | 18,985 | $392.2K | 0.04% | +18,985 | New |
| Hennion & Walsh Asset Management, Inc. | 21,427 | $442.7K | 0.02% | +21,427 | New |
| LM Advisors LLC | 21,650 | $450.0K | 0.08% | −17,856−45.2% | Reduced |
| Grimes & Company, Inc. | 22,033 | $455.2K | 0.01% | +22,033 | New |
| Two Sigma Advisers, LP | 23,900 | $493.8K | 0.00% | +23,900 | New |
| Black Swift Group, LLC | 24,470 | $505.6K | 0.11% | +24,470 | New |
| The PNC Financial Services Group, Inc. | 24,724 | $510.8K | 0.00% | +24,724 | New |
| CAPROCK Group, Inc. | 24,092 | $514.6K | 0.02% | +12,046+100.0% | Added |
| Millennium Management LLC | 25,392 | $524.6K | 0.00% | −10,279−28.8% | Reduced |
| Eagle Global Advisors LLC | 25,800 | $533.0K | 0.02% | 00.0% | Unchanged |
| Everpar Advisors LLC | 25,969 | $536.5K | 0.27% | +6,901+36.2% | Added |
| Confluence Investment Management LLC | 26,142 | $540.1K | 0.01% | +365+1.4% | Added |
| Fountainhead AM, LLC | 26,760 | $552.9K | 0.10% | +729+2.8% | Added |
| HighTower Advisors, LLC | 27,117 | $560.2K | 0.00% | +11,217+70.5% | Added |
| Truist Financial Corp | 27,228 | $562.5K | 0.00% | +8,830+48.0% | Added |
| XTX Topco Ltd | 29,142 | $602.1K | 0.05% | +29,142 | New |
| Wells Fargo & Company | 29,317 | $605.7K | 0.00% | +8,113+38.3% | Added |
| Neuberger Berman Group LLC | 31,192 | $644.4K | 0.00% | +31,192 | New |
| Captrust Financial Advisors | 31,986 | $660.8K | 0.00% | +15,993+100.0% | Added |
| Invesco Ltd. | 34,161 | $705.8K | 0.00% | +4,573+15.5% | Added |
| MAI Capital Management | 36,475 | $753.6K | 0.01% | +36,475 | New |
| Zuckerman Investment Group, LLC | 36,000 | $755.6K | 0.07% | +36,000 | New |
| Rockefeller Capital Management L.P. | 40,350 | $833.6K | 0.00% | +22,967+132.1% | Added |
| Gsa Capital Partners LLP | 40,997 | $847.0K | 0.06% | +40,997 | New |
| Jane Street Group, LLC | 41,146 | $850.1K | 0.00% | +26,216+175.6% | Added |
| TT Capital Management LLC | 45,980 | $972.5K | 0.78% | +45,980 | New |
| ExodusPoint Capital Management, LP | 49,011 | $1.01M | 0.01% | +32,414+195.3% | Added |
| Cubist Systematic Strategies, LLC | 52,741 | $1.09M | 0.02% | +37,970+257.1% | Added |
| LPL Financial LLC | 56,164 | $1.16M | 0.00% | +27,552+96.3% | Added |
| Envestnet Asset Management Inc | 62,491 | $1.29M | 0.00% | +62,491 | New |
| Adams Asset Advisors, LLC | 62,992 | $1.30M | 0.17% | +37,992+152.0% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 68,785 | $1.42M | 0.00% | +68,785 | New |
| Stifel Financial Corp | 70,487 | $1.46M | 0.00% | +31,862+82.5% | Added |
| ASB Consultores, LLC | 80,310 | $1.66M | 0.69% | 00.0% | Unchanged |
| Shikiar Asset Management Inc | 86,150 | $1.78M | 0.47% | +86,150 | New |
| Denali Advisors LLC | 92,836 | $1.92M | 0.20% | +92,836 | New |
| Marshall Wace, LLP | 99,913 | $2.06M | 0.00% | +55,908+127.0% | Added |
| Royal Bank of Canada | 101,330 | $2.09M | 0.00% | +23,697+30.5% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 102,118 | $2.11M | 0.00% | +102,118 | New |
| Muzinich & Co., Inc. | 104,501 | $2.16M | 1.52% | +101,079+2,953.8% | Added |
| JPMorgan Chase & Co | 125,416 | $2.59M | 0.00% | +96,544+334.4% | Added |
| D. E. Shaw & Co., Inc. | 131,395 | $2.71M | 0.00% | +131,395 | New |
| Americana Partners, LLC | 136,455 | $2.82M | 0.12% | +136,455 | New |
| SFMG, LLC | 138,620 | $2.86M | 0.23% | +138,620 | New |
| Raymond James Financial Inc | 147,660 | $3.05M | 0.00% | +147,660 | New |
| HRT Financial LP | 158,629 | $3.28M | 0.02% | +94,686+148.1% | Added |
| UBS Group AG | 161,272 | $3.33M | 0.00% | +95,910+146.7% | Added |
| Activest Wealth Management | 164,060 | $3.39M | 0.95% | +83,217+102.9% | Added |
| Naviter Wealth, LLC | 161,561 | $3.43M | 0.41% | +161,561 | New |
| Franklin Resources Inc | 237,754 | $4.91M | 0.00% | +160,536+207.9% | Added |
| Citadel Advisors LLC | 276,005 | $5.70M | 0.01% | +148,339+116.2% | Added |
| Renaissance Technologies LLC | 352,700 | $7.29M | 0.01% | +335,800+1,987.0% | Added |
| Cliffwater LLC | 1,446,014 | $29.9M | 7.31% | −678,014−31.9% | Reduced |
| Van Eck Associates Corp | 1,922,174 | $39.7M | 0.05% | +71,855+3.9% | Added |
| Morgan Stanley | 13,173,953 | $272.2M | 0.02% | +1,634,786+14.2% | Added |
| 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 |