Morgan Stanley Direct Lending Fund

MSDL

Exchange: NYSE
SEC CIK: 0001782524

SEC filings (opens in a new tab)

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.

Q2 2025 vs. Q1 2025

How the institutions holding Morgan Stanley Direct Lending Fund changed between Q1 2025 and Q2 2025.

All holders in Q2 2025 All holders in Q1 2025

13F holders of MSDL: Q1 2025 compared with Q2 2025
Measure	Q1 2025	Q2 2025	Change
Holders	97	110	+13
Shares	25.7M	27.8M	+2.09M (+8.1%)
Value	$513.5M	$520.6M	+$7.08M (+1.4%)

New holders (24)

Institutions that held Morgan Stanley Direct Lending Fund at the end of Q2 2025 but not at the end of Q1 2025.

Institutions new to MSDL in Q2 2025
Institution	Shares	Value	% of portfolio
Rivernorth Capital Management, LLC	207,172	$3.88M	0.21%
Trexquant Investment LP	141,494	$2.65M	0.03%
Jane Street Group, LLC	138,785	$2.60M	0.00%
Marshall Wace, LLP	92,501	$1.73M	0.00%
Goldman Sachs Group Inc	38,366	$718.2K	0.00%
MQS Management LLC	29,732	$556.6K	0.31%
Brevan Howard Capital Management LP	29,406	$550.5K	0.01%
Nebula Research & Development LLC	23,422	$438.5K	0.04%
Envestnet Asset Management Inc	18,247	$341.6K	0.00%
Global Strategic Investment Solutions, LLC	17,234	$322.6K	0.03%
Dynamic Technology Lab Private Ltd	16,791	$314.0K	0.04%
Catalina Capital Group, LLC	16,098	$301.4K	0.20%
BNP Paribas Arbitrage, SA	15,966	$298.9K	0.00%
Mercer Global Advisors Inc	14,539	$272.2K	0.00%
Engineers Gate Manager LP	13,709	$256.6K	0.00%
Patriot Financial Group Insurance Agency, LLC	11,200	$209.7K	0.02%
Fiduciary Group LLC	10,629	$199.0K	0.02%
Quantbot Technologies LP	6,294	$117.8K	0.00%
National Bank of Canada	5,100	$95.3K	0.00%
US Bancorp	2,290	$42.9K	0.00%
Ameritas Advisory Services, LLC	2,210	$41.4K	0.00%
Group One Trading, L.P.	900	$16.8K	0.00%
Point72 (DIFC) Ltd	300	$5.62K	0.00%
Caitong International Asset Management Co., Ltd	80	$1.50K	0.00%

Sold out (11)

Institutions that held Morgan Stanley Direct Lending Fund at the end of Q1 2025 and filed for Q2 2025 without it.

Institutions that sold out of MSDL in Q2 2025
Institution	Shares, Q1 2025	Value, Q1 2025
Cliffwater LLC	242,195	$4.83M
Black Swift Group, LLC	170,655	$3.41M
Grantham, Mayo, Van Otterloo & Co. LLC	106,927	$2.13M
Schonfeld Strategic Advisors LLC	85,874	$1.71M
Gsa Capital Partners LLP	36,098	$721.0K
Entropy Technologies, LP	29,058	$580.0K
ExodusPoint Capital Management, LP	17,900	$357.0K
Creative Planning	15,934	$318.0K
Total Clarity Wealth Management, Inc.	9,862	$203.7K
Citigroup Inc	5,430	$108.4K
State of Wyoming	5,412	$108.0K