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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, 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.

Institutional holdersQ2 2025: 110 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 20 institutionsQ2 2024: 18 institutionsQ3 2024: 52 institutionsQ4 2024: 82 institutionsQ1 2025: 97 institutionsQ2 2025: 110 institutionsQ3 2025: 118 institutionsQ4 2025: 134 institutionsQ1 2026: 139 institutionsQ2 2026: 140 institutions
Value heldQ2 2025: $520.6M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $302.5MQ2 2024: $308.3MQ3 2024: $333.7MQ4 2024: $430.8MQ1 2025: $513.5MQ2 2025: $520.6MQ3 2025: $504.7MQ4 2025: $598.3MQ1 2026: $499.2MQ2 2026: $583.0M
Institutions holding MSDL and their total value by quarter
QuarterHoldersValue
Q2 2026140$583.0M
Q1 2026139$499.2M
Q4 2025134$598.3M
Q3 2025118$504.7M
Q2 2025110$520.6M
Q1 202597$513.5M
Q4 202482$430.8M
Q3 202452$333.7M
Q2 202418$308.3M
Q1 202420$302.5M
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$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.

Institutions holding MSDL in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Caitong International Asset Management Co., Ltd80$1.50K0.00%+80New
Point72 (DIFC) Ltd300$5.62K0.00%+300New
Group One Trading, L.P.900$16.8K0.00%+900New
Comerica Bank1,137$21.3K0.00%−1,553−57.7%Reduced
The PNC Financial Services Group, Inc.1,240$23.2K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)1,929$36.1K0.00%+631+48.6%Added
Ameritas Advisory Services, LLC2,210$41.4K0.00%+2,210New
US Bancorp2,290$42.9K0.00%+2,290New
Allworth Financial LP2,606$48.8K0.00%+1,000+62.3%Added
Steward Partners Investment Advisory, LLC3,250$60.8K0.00%+2,250+225.0%Added
Creative Financial Designs Inc3,555$66.5K0.00%00.0%Unchanged
AdvisorNet Financial, Inc4,200$78.6K0.01%+900+27.3%Added
National Bank of Canada5,100$95.3K0.00%+5,100New
Federation des caisses Desjardins du Quebec5,245$98.2K0.00%+76+1.5%Added
Quantbot Technologies LP6,294$117.8K0.00%+6,294New
Fiduciary Group LLC10,629$199.0K0.02%+10,629New
Patriot Financial Group Insurance Agency, LLC11,200$209.7K0.02%+11,200New
Sciencast Management LP11,236$210.3K0.04%−18,994−62.8%Reduced
Cambridge Investment Research Advisors, Inc.11,405$214.0K0.00%−2,317−16.9%Reduced
Samalin Investment Counsel, LLC11,547$216.2K0.08%+199+1.8%Added
Promus Capital, LLC12,000$224.6K0.15%00.0%Unchanged
Gilbert & Cook, Inc.12,131$227.1K0.03%00.0%Unchanged
Simplex Trading, LLC12,822$240.0K0.01%−5,082−28.4%Reduced
Independent Financial Group, LLC12,900$241.5K0.01%00.0%Unchanged
Grimes & Company, Inc.12,928$242.0K0.01%−4,945−27.7%Reduced
Cowa, LLC13,436$251.5K0.10%00.0%Unchanged
Engineers Gate Manager LP13,709$256.6K0.00%+13,709New
Mercer Global Advisors Inc14,539$272.2K0.00%+14,539New
HighTower Advisors, LLC15,457$289.4K0.00%−17,295−52.8%Reduced
BNP Paribas Arbitrage, SA15,966$298.9K0.00%+15,966New
Icon Wealth Advisors, LLC16,006$299.6K0.02%+402+2.6%Added
Catalina Capital Group, LLC16,098$301.4K0.20%+16,098New
Dynamic Technology Lab Private Ltd16,791$314.0K0.04%+16,791New
Virtu Financial LLC17,107$320.0K0.02%−5,973−25.9%Reduced
Global Strategic Investment Solutions, LLC17,234$322.6K0.03%+17,234New
Opal Wealth Advisors, LLC17,844$334.0K0.09%−4,064−18.6%Reduced
Kovitz Investment Group Partners, LLC18,023$339.8K0.00%+5,438+43.2%Added
Oppenheimer & Co Inc18,213$340.9K0.00%+4,867+36.5%Added
Envestnet Asset Management Inc18,247$341.6K0.00%+18,247New
Bryn Mawr Trust Co20,000$374.4K0.01%00.0%Unchanged
Accredited Investors Inc.20,000$374.4K0.02%+10,000+100.0%Added
Virtus Investment Advisers, Inc.20,380$381.5K0.13%−755−3.6%Reduced
Sanctuary Advisors, LLC20,962$392.4K0.00%+5,044+31.7%Added
Susquehanna International Group, LLP21,522$402.9K0.00%−12,510−36.8%Reduced
Generali Investments CEE, investicni spolecnost, a.s.21,922$410.4K0.03%00.0%Unchanged
Clearstead Advisors, LLC23,386$437.8K0.01%00.0%Unchanged
Nebula Research & Development LLC23,422$438.5K0.04%+23,422New
Nordwand Advisors, LLC24,336$455.6K0.07%−6,850−22.0%Reduced
Eagle Global Advisors LLC25,800$483.0K0.02%00.0%Unchanged
Cetera Investment Advisers26,180$490.1K0.00%+11,923+83.6%Added
Lido Advisors, LLC27,412$526.9K0.00%+11,783+75.4%Added
Everpar Advisors LLC28,609$535.6K0.24%−7,419−20.6%Reduced
Commonwealth Equity Services, LLC28,802$539.0K0.00%+1,133+4.1%Added
BI Asset Management Fondsmaeglerselskab A/S28,845$540.0K0.01%+7,221+33.4%Added
Brevan Howard Capital Management LP29,406$550.5K0.01%+29,406New
MQS Management LLC29,732$556.6K0.31%+29,732New
Northern Trust Corp30,154$564.5K0.00%+18,313+154.7%Added
Advisor Group Holdings, Inc.33,145$620.5K0.00%−1,498−4.3%Reduced
Squarepoint Ops LLC34,712$649.8K0.00%−12,665−26.7%Reduced
Renaissance Technologies LLC35,620$666.8K0.00%+20,856+141.3%Added
Pathstone Holdings, LLC37,234$699.5K0.00%+1,681+4.7%Added
Two Sigma Advisers, LP38,100$713.2K0.00%−73,600−65.9%Reduced
Goldman Sachs Group Inc38,366$718.2K0.00%+38,366New
Truist Financial Corp40,195$752.4K0.00%+16,948+72.9%Added
Ameriprise Financial Inc43,585$760.7K0.00%+1,021+2.4%Added
D.A. Davidson & Co.40,731$762.5K0.01%+16,257+66.4%Added
Zuckerman Investment Group, LLC44,000$823.7K0.08%00.0%Unchanged
Captrust Financial Advisors49,345$923.7K0.00%+880+1.8%Added
Invesco Ltd.50,500$945.4K0.00%+13,186+35.3%Added
LM Advisors LLC56,842$1.06M0.14%−15,915−21.9%Reduced
Fountainhead AM, LLC59,231$1.11M0.16%+206+0.3%Added
Citadel Advisors LLC67,673$1.27M0.00%−208,677−75.5%Reduced
Legacy Capital Wealth Partners, LLC71,091$1.33M0.30%−3,735−5.0%Reduced
JPMorgan Chase & Co73,723$1.38M0.00%−35,158−32.3%Reduced
Rockefeller Capital Management L.P.74,477$1.39M0.00%+233+0.3%Added
ASB Consultores, LLC80,310$1.50M1.00%00.0%Unchanged
Denali Advisors LLC86,581$1.62M0.17%−2,681−3.0%Reduced
Confluence Investment Management LLC86,943$1.63M0.02%+60,022+223.0%Added
Balyasny Asset Management LLC89,896$1.68M0.00%−10,885−10.8%Reduced
Adams Asset Advisors, LLC90,516$1.69M0.24%+27,524+43.7%Added
Marshall Wace, LLP92,501$1.73M0.00%+92,501New
Bank of America Corp96,933$1.81M0.00%+53,969+125.6%Added
MAI Capital Management97,917$1.83M0.01%−1,400−1.4%Reduced
Cubist Systematic Strategies, LLC112,007$2.10M0.02%−9,464−7.8%Reduced
Stifel Financial Corp129,989$2.43M0.00%+666+0.5%Added
Jane Street Group, LLC138,785$2.60M0.00%+138,785New
Trexquant Investment LP141,494$2.65M0.03%+141,494New
Hennion & Walsh Asset Management, Inc.150,143$2.81M0.11%+61,465+69.3%Added
Two Sigma Investments, LP153,199$2.87M0.01%−86,100−36.0%Reduced
Shikiar Asset Management Inc159,100$2.98M0.83%−14,750−8.5%Reduced
Royal Bank of Canada159,694$2.99M0.00%+4,462+2.9%Added
LPL Financial LLC171,454$3.21M0.00%+49,808+40.9%Added
Activest Wealth Management171,562$3.21M0.77%+16,179+10.4%Added
HRT Financial LP176,399$3.30M0.01%+97,279+123.0%Added
Naviter Wealth, LLC180,325$3.46M0.43%+6,011+3.4%Added
Rivernorth Capital Management, LLC207,172$3.88M0.21%+207,172New
Raymond James Financial Inc211,041$3.95M0.00%+3,139+1.5%Added
TT Capital Management LLC237,762$4.45M3.61%+38,990+19.6%Added
SFMG, LLC258,445$4.84M0.36%+1,630+0.6%Added
Neuberger Berman Group LLC261,767$4.90M0.00%+20,212+8.4%Added