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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.

Q3 2025 vs. Q2 2025

How the institutions holding Morgan Stanley Direct Lending Fund changed between Q2 2025 and Q3 2025.

All holders in Q3 2025All holders in Q2 2025

13F holders of MSDL: Q2 2025 compared with Q3 2025
MeasureQ2 2025Q3 2025Change
Holders110118+8
Shares27.8M31.4M+3.57M (+12.8%)
Value$520.6M$504.7M−$15.9M (−3.1%)

New holders (23)

Institutions that held Morgan Stanley Direct Lending Fund at the end of Q3 2025 but not at the end of Q2 2025.

Institutions new to MSDL in Q3 2025
InstitutionSharesValue% of portfolio
Toronto Dominion Bank565,621$9.10M0.02%
Centiva Capital, LP150,958$2.43M0.23%
Quadrature Capital Ltd50,699$814.7K0.01%
Marex Group plc49,601$797.6K0.01%
Quest Partners LLC40,105$644.9K0.04%
Aquatic Capital Management LLC27,082$435.5K0.01%
Obermeyer Wood Investment Counsel, LLLP26,000$418.1K0.02%
TrueMark Investments, LLC24,976$401.6K0.07%
Beacon Pointe Advisors, LLC23,500$377.9K0.00%
Guggenheim Capital LLC14,541$233.8K0.00%
Gsa Capital Partners LLP14,116$227.0K0.02%
AQR Capital Management LLC14,026$225.5K0.00%
Sapient Capital LLC12,987$223.1K0.00%
Elevate Capital Advisors, LLC10,773$173.2K0.12%
Keystone Financial Group4,480$72.0K0.01%
State of Wyoming3,543$57.0K0.01%
GWM Advisors LLC2,000$32.2K0.00%
Bartlett & Co. Wealth Management LLC1,800$29.8K0.00%
Pension & Wealth Management Advisors, Inc.1,445$23.2K0.01%
Point72 Europe (London) LLP1,186$19.1K0.00%
Wealthspire Advisors, LLC500$8.04K0.00%
Barclays PLC222$3.57K0.00%
Advisory Services Network, LLC142$2.29K0.00%

Sold out (15)

Institutions that held Morgan Stanley Direct Lending Fund at the end of Q2 2025 and filed for Q3 2025 without it.

Institutions that sold out of MSDL in Q3 2025
InstitutionShares, Q2 2025Value, Q2 2025
HRT Financial LP176,399$3.30M
MAI Capital Management97,917$1.83M
ASB Consultores, LLC80,310$1.50M
D.A. Davidson & Co.40,731$762.5K
Nebula Research & Development LLC23,422$438.5K
Bryn Mawr Trust Co20,000$374.4K
Accredited Investors Inc.20,000$374.4K
Virtu Financial LLC17,107$320.0K
Catalina Capital Group, LLC16,098$301.4K
HighTower Advisors, LLC15,457$289.4K
Engineers Gate Manager LP13,709$256.6K
Grimes & Company, Inc.12,928$242.0K
Independent Financial Group, LLC12,900$241.5K
Cambridge Investment Research Advisors, Inc.11,405$214.0K
Patriot Financial Group Insurance Agency, LLC11,200$209.7K