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, Q1 2025
Institutional positions in Morgan Stanley Direct Lending Fund as of Mar 31, 2025. 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
- 97
- +16 vs. Q4 2024
- Shares held
- 25.7M
- +4.88M (+23.4%) vs. Q4 2024
- Total value
- $513.5M
- +$82.8M (+19.2%) vs. Q4 2024
- New holders
- 27
- 52 more added
- Sold out
- 11
- 12 more reduced
1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2025
Shares, value and share of portfolio for each institution holding Morgan Stanley Direct Lending Fund; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Steward Partners Investment Advisory, LLC | 1,000 | $20.0K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 1,240 | $24.8K | 0.00% | −23,484−95.0% | Reduced |
| Tower Research Capital LLC (TRC) | 1,298 | $25.9K | 0.00% | +486+59.9% | Added |
| Allworth Financial LP | 1,606 | $31.1K | 0.00% | 00.0% | Unchanged |
| Comerica Bank | 2,690 | $53.7K | 0.00% | +122+4.8% | Added |
| AdvisorNet Financial, Inc | 3,300 | $65.9K | 0.00% | +3,300 | New |
| Creative Financial Designs Inc | 3,555 | $71.0K | 0.01% | +3,555 | New |
| Federation des caisses Desjardins du Quebec | 5,169 | $103.2K | 0.00% | +5,169 | New |
| State of Wyoming | 5,412 | $108.0K | 0.01% | +5,412 | New |
| Citigroup Inc | 5,430 | $108.4K | 0.00% | +391+7.8% | Added |
| Accredited Investors Inc. | 10,000 | $199.6K | 0.01% | +10,000 | New |
| Total Clarity Wealth Management, Inc. | 9,862 | $203.7K | 0.07% | 00.0% | Unchanged |
| Samalin Investment Counsel, LLC | 11,348 | $226.5K | 0.09% | +274+2.5% | Added |
| Northern Trust Corp | 11,841 | $236.3K | 0.00% | +11,841 | New |
| Promus Capital, LLC | 12,000 | $239.5K | 0.18% | +12,000 | New |
| Gilbert & Cook, Inc. | 12,131 | $242.1K | 0.04% | +12,131 | New |
| Kovitz Investment Group Partners, LLC | 12,585 | $251.2K | 0.00% | +12,585 | New |
| Independent Financial Group, LLC | 12,900 | $257.5K | 0.01% | +12,900 | New |
| Oppenheimer & Co Inc | 13,346 | $266.4K | 0.00% | +13,346 | New |
| Cowa, LLC | 13,436 | $268.2K | 0.11% | +13,436 | New |
| Cambridge Investment Research Advisors, Inc. | 13,722 | $274.0K | 0.00% | +13,722 | New |
| Cetera Investment Advisers | 14,257 | $284.6K | 0.00% | +14,257 | New |
| Renaissance Technologies LLC | 14,764 | $294.7K | 0.00% | −337,936−95.8% | Reduced |
| Icon Wealth Advisors, LLC | 15,604 | $311.5K | 0.03% | +5,490+54.3% | Added |
| Sanctuary Advisors, LLC | 15,918 | $317.7K | 0.00% | +2,355+17.4% | Added |
| Creative Planning | 15,934 | $318.0K | 0.00% | +15,934 | New |
| Lido Advisors, LLC | 15,629 | $319.8K | 0.00% | +1,685+12.1% | Added |
| Grimes & Company, Inc. | 17,873 | $356.7K | 0.01% | −4,160−18.9% | Reduced |
| ExodusPoint Capital Management, LP | 17,900 | $357.0K | 0.00% | −31,111−63.5% | Reduced |
| Simplex Trading, LLC | 17,904 | $357.0K | 0.01% | +9,840+122.0% | Added |
| Bryn Mawr Trust Co | 20,000 | $399.2K | 0.01% | +7,500+60.0% | Added |
| Virtus Investment Advisers, Inc. | 21,135 | $421.9K | 0.11% | +21,135 | New |
| BI Asset Management Fondsmaeglerselskab A/S | 21,624 | $432.0K | 0.00% | +16,624+332.5% | Added |
| Opal Wealth Advisors, LLC | 21,908 | $437.3K | 0.13% | +6,803+45.0% | Added |
| Generali Investments CEE, investicni spolecnost, a.s. | 21,922 | $437.6K | 0.04% | +21,922 | New |
| Virtu Financial LLC | 23,080 | $461.0K | 0.03% | +23,080 | New |
| Truist Financial Corp | 23,247 | $464.0K | 0.00% | −3,981−14.6% | Reduced |
| Clearstead Advisors, LLC | 23,386 | $466.8K | 0.01% | +6,594+39.3% | Added |
| D.A. Davidson & Co. | 24,474 | $488.5K | 0.00% | +24,474 | New |
| Eagle Global Advisors LLC | 25,800 | $515.0K | 0.02% | 00.0% | Unchanged |
| Confluence Investment Management LLC | 26,921 | $537.3K | 0.01% | +779+3.0% | Added |
| Commonwealth Equity Services, LLC | 27,669 | $552.0K | 0.00% | +10,640+62.5% | Added |
| Entropy Technologies, LP | 29,058 | $580.0K | 0.06% | +10,073+53.1% | Added |
| Sciencast Management LP | 30,230 | $603.4K | 0.14% | +30,230 | New |
| Nordwand Advisors, LLC | 31,186 | $622.5K | 0.23% | +15,126+94.2% | Added |
| HighTower Advisors, LLC | 32,752 | $653.7K | 0.00% | +5,635+20.8% | Added |
| Susquehanna International Group, LLP | 34,032 | $679.3K | 0.00% | +34,032 | New |
| Advisor Group Holdings, Inc. | 34,643 | $691.5K | 0.00% | +30,154+671.7% | Added |
| Pathstone Holdings, LLC | 35,553 | $712.1K | 0.00% | +35,553 | New |
| Everpar Advisors LLC | 36,028 | $719.1K | 0.38% | +10,059+38.7% | Added |
| Gsa Capital Partners LLP | 36,098 | $721.0K | 0.07% | −4,899−11.9% | Reduced |
| Invesco Ltd. | 37,314 | $744.8K | 0.00% | +3,153+9.2% | Added |
| Ameriprise Financial Inc | 42,564 | $851.9K | 0.00% | +42,564 | New |
| Bank of America Corp | 42,964 | $857.6K | 0.00% | +32,107+295.7% | Added |
| Zuckerman Investment Group, LLC | 44,000 | $878.2K | 0.09% | +8,000+22.2% | Added |
| Squarepoint Ops LLC | 47,377 | $945.6K | 0.00% | +36,313+328.2% | Added |
| Captrust Financial Advisors | 48,465 | $967.4K | 0.00% | +16,479+51.5% | Added |
| Fountainhead AM, LLC | 59,025 | $1.18M | 0.19% | +32,265+120.6% | Added |
| Adams Asset Advisors, LLC | 62,992 | $1.26M | 0.17% | 00.0% | Unchanged |
| LM Advisors LLC | 72,757 | $1.45M | 0.26% | +51,107+236.1% | Added |
| Rockefeller Capital Management L.P. | 74,244 | $1.48M | 0.00% | +33,894+84.0% | Added |
| Legacy Capital Wealth Partners, LLC | 74,826 | $1.49M | 0.37% | +74,826 | New |
| HRT Financial LP | 79,120 | $1.58M | 0.01% | −79,509−50.1% | Reduced |
| ASB Consultores, LLC | 80,310 | $1.60M | 1.04% | 00.0% | Unchanged |
| Schonfeld Strategic Advisors LLC | 85,874 | $1.71M | 0.01% | +85,874 | New |
| Hennion & Walsh Asset Management, Inc. | 88,678 | $1.77M | 0.08% | +67,251+313.9% | Added |
| Denali Advisors LLC | 89,262 | $1.78M | 0.20% | −3,574−3.8% | Reduced |
| MAI Capital Management | 99,317 | $1.98M | 0.02% | +62,842+172.3% | Added |
| Balyasny Asset Management LLC | 100,781 | $2.01M | 0.01% | +82,075+438.8% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 106,927 | $2.13M | 0.01% | +38,142+55.5% | Added |
| JPMorgan Chase & Co | 108,881 | $2.17M | 0.00% | −16,535−13.2% | Reduced |
| Two Sigma Advisers, LP | 111,700 | $2.23M | 0.01% | +87,800+367.4% | Added |
| Cubist Systematic Strategies, LLC | 121,471 | $2.42M | 0.03% | +68,730+130.3% | Added |
| LPL Financial LLC | 121,646 | $2.43M | 0.00% | +65,482+116.6% | Added |
| Stifel Financial Corp | 129,323 | $2.58M | 0.00% | +58,836+83.5% | Added |
| Royal Bank of Canada | 155,232 | $3.10M | 0.00% | +53,902+53.2% | Added |
| Activest Wealth Management | 155,383 | $3.10M | 0.83% | −8,677−5.3% | Reduced |
| Black Swift Group, LLC | 170,655 | $3.41M | 0.77% | +146,185+597.4% | Added |
| Shikiar Asset Management Inc | 173,850 | $3.47M | 1.04% | +87,700+101.8% | Added |
| Naviter Wealth, LLC | 174,314 | $3.60M | 0.44% | +12,753+7.9% | Added |
| Millennium Management LLC | 198,684 | $3.97M | 0.00% | +173,292+682.5% | Added |
| TT Capital Management LLC | 198,772 | $3.97M | 3.34% | +152,792+332.3% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 200,292 | $4.00M | 0.00% | +98,174+96.1% | Added |
| Raymond James Financial Inc | 207,902 | $4.15M | 0.00% | +60,242+40.8% | Added |
| Muzinich & Co., Inc. | 212,700 | $4.25M | 2.60% | +108,199+103.5% | Added |
| Two Sigma Investments, LP | 239,299 | $4.78M | 0.01% | +239,299 | New |
| Neuberger Berman Group LLC | 241,555 | $4.82M | 0.00% | +210,363+674.4% | Added |
| Cliffwater LLC | 242,195 | $4.83M | 1.26% | −1,203,819−83.3% | Reduced |
| SFMG, LLC | 256,815 | $5.13M | 0.40% | +118,195+85.3% | Added |
| Citadel Advisors LLC | 276,350 | $5.52M | 0.01% | +345+0.1% | Added |
| Wells Fargo & Company | 299,271 | $5.97M | 0.00% | +269,954+920.8% | Added |
| Franklin Resources Inc | 323,472 | $6.46M | 0.00% | +85,718+36.1% | Added |
| Americana Partners, LLC | 366,803 | $7.32M | 0.28% | +230,348+168.8% | Added |
| UBS Group AG | 624,776 | $12.5M | 0.00% | +463,504+287.4% | Added |
| Generali Asset Management SPA SGR | 881,578 | $17.6M | 0.43% | +881,578 | New |
| Van Eck Associates Corp | 1,878,466 | $37.5M | 0.05% | −43,708−2.3% | Reduced |
| Morgan Stanley | 15,421,438 | $307.8M | 0.02% | +2,247,485+17.1% | Added |
| D. E. Shaw & Co., Inc. | 0 | $0 | 0.00% | −131,395−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −99,913−100.0% | Sold out |
| Envestnet Asset Management Inc | 0 | $0 | 0.00% | −62,491−100.0% | Sold out |