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 2025
Institutional positions in Morgan Stanley Direct Lending Fund as of Jun 30, 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
- 110
- +13 vs. Q1 2025
- Shares held
- 27.8M
- +2.09M (+8.1%) vs. Q1 2025
- Total value
- $520.6M
- +$7.08M (+1.4%) vs. Q1 2025
- New holders
- 24
- 49 more added
- Sold out
- 11
- 25 more reduced
Compare with Q1 2025: 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 2025
Shares, value and share of portfolio for each institution holding Morgan Stanley Direct Lending Fund; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Morgan Stanley | 15,613,961 | $292.3M | 0.02% | +192,523+1.2% | Added |
| Van Eck Associates Corp | 1,919,449 | $35.9M | 0.04% | +40,983+2.2% | Added |
| Generali Asset Management SPA SGR | 1,761,950 | $33.0M | 0.75% | +880,372+99.9% | Added |
| UBS Group AG | 820,828 | $15.4M | 0.00% | +196,052+31.4% | Added |
| Muzinich & Co., Inc. | 455,631 | $8.53M | 3.90% | +242,931+114.2% | Added |
| Americana Partners, LLC | 378,154 | $7.08M | 0.24% | +11,351+3.1% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 370,759 | $6.94M | 0.00% | +170,467+85.1% | Added |
| Millennium Management LLC | 352,531 | $6.60M | 0.01% | +153,847+77.4% | Added |
| Franklin Resources Inc | 350,124 | $6.55M | 0.00% | +26,652+8.2% | Added |
| Wells Fargo & Company | 314,068 | $5.88M | 0.00% | +14,797+4.9% | Added |
| Neuberger Berman Group LLC | 261,767 | $4.90M | 0.00% | +20,212+8.4% | Added |
| SFMG, LLC | 258,445 | $4.84M | 0.36% | +1,630+0.6% | Added |
| TT Capital Management LLC | 237,762 | $4.45M | 3.61% | +38,990+19.6% | Added |
| Raymond James Financial Inc | 211,041 | $3.95M | 0.00% | +3,139+1.5% | Added |
| Rivernorth Capital Management, LLC | 207,172 | $3.88M | 0.21% | +207,172 | New |
| Naviter Wealth, LLC | 180,325 | $3.46M | 0.43% | +6,011+3.4% | Added |
| HRT Financial LP | 176,399 | $3.30M | 0.01% | +97,279+123.0% | Added |
| Activest Wealth Management | 171,562 | $3.21M | 0.77% | +16,179+10.4% | Added |
| LPL Financial LLC | 171,454 | $3.21M | 0.00% | +49,808+40.9% | Added |
| Royal Bank of Canada | 159,694 | $2.99M | 0.00% | +4,462+2.9% | Added |
| Shikiar Asset Management Inc | 159,100 | $2.98M | 0.83% | −14,750−8.5% | Reduced |
| Two Sigma Investments, LP | 153,199 | $2.87M | 0.01% | −86,100−36.0% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 150,143 | $2.81M | 0.11% | +61,465+69.3% | Added |
| Trexquant Investment LP | 141,494 | $2.65M | 0.03% | +141,494 | New |
| Jane Street Group, LLC | 138,785 | $2.60M | 0.00% | +138,785 | New |
| Stifel Financial Corp | 129,989 | $2.43M | 0.00% | +666+0.5% | Added |
| Cubist Systematic Strategies, LLC | 112,007 | $2.10M | 0.02% | −9,464−7.8% | Reduced |
| MAI Capital Management | 97,917 | $1.83M | 0.01% | −1,400−1.4% | Reduced |
| Bank of America Corp | 96,933 | $1.81M | 0.00% | +53,969+125.6% | Added |
| Marshall Wace, LLP | 92,501 | $1.73M | 0.00% | +92,501 | New |
| Adams Asset Advisors, LLC | 90,516 | $1.69M | 0.24% | +27,524+43.7% | Added |
| Balyasny Asset Management LLC | 89,896 | $1.68M | 0.00% | −10,885−10.8% | Reduced |
| Confluence Investment Management LLC | 86,943 | $1.63M | 0.02% | +60,022+223.0% | Added |
| Denali Advisors LLC | 86,581 | $1.62M | 0.17% | −2,681−3.0% | Reduced |
| ASB Consultores, LLC | 80,310 | $1.50M | 1.00% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 74,477 | $1.39M | 0.00% | +233+0.3% | Added |
| JPMorgan Chase & Co | 73,723 | $1.38M | 0.00% | −35,158−32.3% | Reduced |
| Legacy Capital Wealth Partners, LLC | 71,091 | $1.33M | 0.30% | −3,735−5.0% | Reduced |
| Citadel Advisors LLC | 67,673 | $1.27M | 0.00% | −208,677−75.5% | Reduced |
| Fountainhead AM, LLC | 59,231 | $1.11M | 0.16% | +206+0.3% | Added |
| LM Advisors LLC | 56,842 | $1.06M | 0.14% | −15,915−21.9% | Reduced |
| Invesco Ltd. | 50,500 | $945.4K | 0.00% | +13,186+35.3% | Added |
| Captrust Financial Advisors | 49,345 | $923.7K | 0.00% | +880+1.8% | Added |
| Zuckerman Investment Group, LLC | 44,000 | $823.7K | 0.08% | 00.0% | Unchanged |
| D.A. Davidson & Co. | 40,731 | $762.5K | 0.01% | +16,257+66.4% | Added |
| Ameriprise Financial Inc | 43,585 | $760.7K | 0.00% | +1,021+2.4% | Added |
| Truist Financial Corp | 40,195 | $752.4K | 0.00% | +16,948+72.9% | Added |
| Goldman Sachs Group Inc | 38,366 | $718.2K | 0.00% | +38,366 | New |
| Two Sigma Advisers, LP | 38,100 | $713.2K | 0.00% | −73,600−65.9% | Reduced |
| Pathstone Holdings, LLC | 37,234 | $699.5K | 0.00% | +1,681+4.7% | Added |
| Renaissance Technologies LLC | 35,620 | $666.8K | 0.00% | +20,856+141.3% | Added |
| Squarepoint Ops LLC | 34,712 | $649.8K | 0.00% | −12,665−26.7% | Reduced |
| Advisor Group Holdings, Inc. | 33,145 | $620.5K | 0.00% | −1,498−4.3% | Reduced |
| Northern Trust Corp | 30,154 | $564.5K | 0.00% | +18,313+154.7% | Added |
| MQS Management LLC | 29,732 | $556.6K | 0.31% | +29,732 | New |
| Brevan Howard Capital Management LP | 29,406 | $550.5K | 0.01% | +29,406 | New |
| BI Asset Management Fondsmaeglerselskab A/S | 28,845 | $540.0K | 0.01% | +7,221+33.4% | Added |
| Commonwealth Equity Services, LLC | 28,802 | $539.0K | 0.00% | +1,133+4.1% | Added |
| Everpar Advisors LLC | 28,609 | $535.6K | 0.24% | −7,419−20.6% | Reduced |
| Lido Advisors, LLC | 27,412 | $526.9K | 0.00% | +11,783+75.4% | Added |
| Cetera Investment Advisers | 26,180 | $490.1K | 0.00% | +11,923+83.6% | Added |
| Eagle Global Advisors LLC | 25,800 | $483.0K | 0.02% | 00.0% | Unchanged |
| Nordwand Advisors, LLC | 24,336 | $455.6K | 0.07% | −6,850−22.0% | Reduced |
| Nebula Research & Development LLC | 23,422 | $438.5K | 0.04% | +23,422 | New |
| Clearstead Advisors, LLC | 23,386 | $437.8K | 0.01% | 00.0% | Unchanged |
| Generali Investments CEE, investicni spolecnost, a.s. | 21,922 | $410.4K | 0.03% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 21,522 | $402.9K | 0.00% | −12,510−36.8% | Reduced |
| Sanctuary Advisors, LLC | 20,962 | $392.4K | 0.00% | +5,044+31.7% | Added |
| Virtus Investment Advisers, Inc. | 20,380 | $381.5K | 0.13% | −755−3.6% | Reduced |
| Bryn Mawr Trust Co | 20,000 | $374.4K | 0.01% | 00.0% | Unchanged |
| Accredited Investors Inc. | 20,000 | $374.4K | 0.02% | +10,000+100.0% | Added |
| Envestnet Asset Management Inc | 18,247 | $341.6K | 0.00% | +18,247 | New |
| Oppenheimer & Co Inc | 18,213 | $340.9K | 0.00% | +4,867+36.5% | Added |
| Kovitz Investment Group Partners, LLC | 18,023 | $339.8K | 0.00% | +5,438+43.2% | Added |
| Opal Wealth Advisors, LLC | 17,844 | $334.0K | 0.09% | −4,064−18.6% | Reduced |
| Global Strategic Investment Solutions, LLC | 17,234 | $322.6K | 0.03% | +17,234 | New |
| Virtu Financial LLC | 17,107 | $320.0K | 0.02% | −5,973−25.9% | Reduced |
| Dynamic Technology Lab Private Ltd | 16,791 | $314.0K | 0.04% | +16,791 | New |
| Catalina Capital Group, LLC | 16,098 | $301.4K | 0.20% | +16,098 | New |
| Icon Wealth Advisors, LLC | 16,006 | $299.6K | 0.02% | +402+2.6% | Added |
| BNP Paribas Arbitrage, SA | 15,966 | $298.9K | 0.00% | +15,966 | New |
| HighTower Advisors, LLC | 15,457 | $289.4K | 0.00% | −17,295−52.8% | Reduced |
| Mercer Global Advisors Inc | 14,539 | $272.2K | 0.00% | +14,539 | New |
| Engineers Gate Manager LP | 13,709 | $256.6K | 0.00% | +13,709 | New |
| Cowa, LLC | 13,436 | $251.5K | 0.10% | 00.0% | Unchanged |
| Grimes & Company, Inc. | 12,928 | $242.0K | 0.01% | −4,945−27.7% | Reduced |
| Independent Financial Group, LLC | 12,900 | $241.5K | 0.01% | 00.0% | Unchanged |
| Simplex Trading, LLC | 12,822 | $240.0K | 0.01% | −5,082−28.4% | Reduced |
| Gilbert & Cook, Inc. | 12,131 | $227.1K | 0.03% | 00.0% | Unchanged |
| Promus Capital, LLC | 12,000 | $224.6K | 0.15% | 00.0% | Unchanged |
| Samalin Investment Counsel, LLC | 11,547 | $216.2K | 0.08% | +199+1.8% | Added |
| Cambridge Investment Research Advisors, Inc. | 11,405 | $214.0K | 0.00% | −2,317−16.9% | Reduced |
| Sciencast Management LP | 11,236 | $210.3K | 0.04% | −18,994−62.8% | Reduced |
| Patriot Financial Group Insurance Agency, LLC | 11,200 | $209.7K | 0.02% | +11,200 | New |
| Fiduciary Group LLC | 10,629 | $199.0K | 0.02% | +10,629 | New |
| Quantbot Technologies LP | 6,294 | $117.8K | 0.00% | +6,294 | New |
| Federation des caisses Desjardins du Quebec | 5,245 | $98.2K | 0.00% | +76+1.5% | Added |
| National Bank of Canada | 5,100 | $95.3K | 0.00% | +5,100 | New |
| AdvisorNet Financial, Inc | 4,200 | $78.6K | 0.01% | +900+27.3% | Added |
| Creative Financial Designs Inc | 3,555 | $66.5K | 0.00% | 00.0% | Unchanged |