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, Q3 2025
Institutional positions in Morgan Stanley Direct Lending Fund as of Sep 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
- 118
- +8 vs. Q2 2025
- Shares held
- 31.4M
- +3.57M (+12.8%) vs. Q2 2025
- Total value
- $504.7M
- −$15.9M (−3.1%) vs. Q2 2025
- New holders
- 23
- 48 more added
- Sold out
- 15
- 35 more reduced
Compare with Q2 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 | $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, Q3 2025
Shares, value and share of portfolio for each institution holding Morgan Stanley Direct Lending Fund; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Caitong International Asset Management Co., Ltd | 3 | $48 | 0.00% | −77−96.3% | Reduced |
| Advisory Services Network, LLC | 142 | $2.29K | 0.00% | +142 | New |
| Barclays PLC | 222 | $3.57K | 0.00% | +222 | New |
| Tower Research Capital LLC (TRC) | 349 | $5.61K | 0.00% | −1,580−81.9% | Reduced |
| Point72 (DIFC) Ltd | 471 | $7.57K | 0.00% | +171+57.0% | Added |
| Wealthspire Advisors, LLC | 500 | $8.04K | 0.00% | +500 | New |
| Group One Trading, L.P. | 900 | $14.5K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 990 | $15.9K | 0.00% | −250−20.2% | Reduced |
| Comerica Bank | 1,137 | $18.3K | 0.00% | 00.0% | Unchanged |
| Point72 Europe (London) LLP | 1,186 | $19.1K | 0.00% | +1,186 | New |
| Pension & Wealth Management Advisors, Inc. | 1,445 | $23.2K | 0.01% | +1,445 | New |
| Bartlett & Co. Wealth Management LLC | 1,800 | $29.8K | 0.00% | +1,800 | New |
| GWM Advisors LLC | 2,000 | $32.2K | 0.00% | +2,000 | New |
| Allworth Financial LP | 2,606 | $41.9K | 0.00% | 00.0% | Unchanged |
| Ameritas Advisory Services, LLC | 3,388 | $54.5K | 0.00% | +1,178+53.3% | Added |
| State of Wyoming | 3,543 | $57.0K | 0.01% | +3,543 | New |
| Creative Financial Designs Inc | 3,555 | $57.2K | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 3,650 | $58.7K | 0.00% | −550−13.1% | Reduced |
| US Bancorp | 3,707 | $59.6K | 0.00% | +1,417+61.9% | Added |
| Keystone Financial Group | 4,480 | $72.0K | 0.01% | +4,480 | New |
| BNP Paribas Arbitrage, SA | 4,800 | $77.2K | 0.00% | −11,166−69.9% | Reduced |
| Federation des caisses Desjardins du Quebec | 5,021 | $80.7K | 0.00% | −224−4.3% | Reduced |
| Simplex Trading, LLC | 9,634 | $154.0K | 0.00% | −3,188−24.9% | Reduced |
| Elevate Capital Advisors, LLC | 10,773 | $173.2K | 0.12% | +10,773 | New |
| Samalin Investment Counsel, LLC | 10,977 | $176.5K | 0.06% | −570−4.9% | Reduced |
| Promus Capital, LLC | 12,000 | $193.0K | 0.12% | 00.0% | Unchanged |
| Gilbert & Cook, Inc. | 12,131 | $195.1K | 0.03% | 00.0% | Unchanged |
| Quantbot Technologies LP | 12,726 | $204.6K | 0.01% | +6,432+102.2% | Added |
| Cowa, LLC | 13,436 | $216.1K | 0.07% | 00.0% | Unchanged |
| Sapient Capital LLC | 12,987 | $223.1K | 0.00% | +12,987 | New |
| AQR Capital Management LLC | 14,026 | $225.5K | 0.00% | +14,026 | New |
| MQS Management LLC | 14,096 | $226.7K | 0.13% | −15,636−52.6% | Reduced |
| Gsa Capital Partners LLP | 14,116 | $227.0K | 0.02% | +14,116 | New |
| Mercer Global Advisors Inc | 14,539 | $233.8K | 0.00% | 00.0% | Unchanged |
| Guggenheim Capital LLC | 14,541 | $233.8K | 0.00% | +14,541 | New |
| Opal Wealth Advisors, LLC | 14,630 | $235.3K | 0.07% | −3,214−18.0% | Reduced |
| Sciencast Management LP | 14,736 | $237.0K | 0.04% | +3,500+31.1% | Added |
| Icon Wealth Advisors, LLC | 16,422 | $264.1K | 0.02% | +416+2.6% | Added |
| National Bank of Canada | 16,800 | $270.0K | 0.00% | +11,700+229.4% | Added |
| Global Strategic Investment Solutions, LLC | 18,360 | $295.2K | 0.03% | +1,126+6.5% | Added |
| Envestnet Asset Management Inc | 18,707 | $300.8K | 0.00% | +460+2.5% | Added |
| Lido Advisors, LLC | 19,478 | $322.5K | 0.00% | −7,934−28.9% | Reduced |
| Generali Investments CEE, investicni spolecnost, a.s. | 20,722 | $333.2K | 0.03% | −1,200−5.5% | Reduced |
| Sanctuary Advisors, LLC | 20,767 | $333.9K | 0.00% | −195−0.9% | Reduced |
| JPMorgan Chase & Co | 22,674 | $364.6K | 0.00% | −51,049−69.2% | Reduced |
| Oppenheimer & Co Inc | 23,080 | $371.1K | 0.00% | +4,867+26.7% | Added |
| Clearstead Advisors, LLC | 23,386 | $376.0K | 0.01% | 00.0% | Unchanged |
| Beacon Pointe Advisors, LLC | 23,500 | $377.9K | 0.00% | +23,500 | New |
| Brevan Howard Capital Management LP | 24,309 | $390.9K | 0.01% | −5,097−17.3% | Reduced |
| Nordwand Advisors, LLC | 24,336 | $391.3K | 0.06% | 00.0% | Unchanged |
| Fiduciary Group LLC | 24,355 | $391.6K | 0.03% | +13,726+129.1% | Added |
| Kovitz Investment Group Partners, LLC | 24,392 | $394.7K | 0.00% | +6,369+35.3% | Added |
| TrueMark Investments, LLC | 24,976 | $401.6K | 0.07% | +24,976 | New |
| Everpar Advisors LLC | 25,130 | $404.1K | 0.16% | −3,479−12.2% | Reduced |
| Eagle Global Advisors LLC | 25,800 | $414.9K | 0.02% | 00.0% | Unchanged |
| Obermeyer Wood Investment Counsel, LLLP | 26,000 | $418.1K | 0.02% | +26,000 | New |
| Aquatic Capital Management LLC | 27,082 | $435.5K | 0.01% | +27,082 | New |
| Northern Trust Corp | 27,652 | $444.6K | 0.00% | −2,502−8.3% | Reduced |
| Squarepoint Ops LLC | 29,899 | $480.8K | 0.00% | −4,813−13.9% | Reduced |
| Pathstone Holdings, LLC | 29,858 | $482.6K | 0.00% | −7,376−19.8% | Reduced |
| Virtus Investment Advisers, Inc. | 30,302 | $487.3K | 0.14% | +9,922+48.7% | Added |
| Cetera Investment Advisers | 30,940 | $497.5K | 0.00% | +4,760+18.2% | Added |
| Steward Partners Investment Advisory, LLC | 32,119 | $516.5K | 0.00% | +28,869+888.3% | Added |
| Dynamic Technology Lab Private Ltd | 32,323 | $520.0K | 0.09% | +15,532+92.5% | Added |
| Advisor Group Holdings, Inc. | 35,843 | $607.9K | 0.00% | +2,698+8.1% | Added |
| Quest Partners LLC | 40,105 | $644.9K | 0.04% | +40,105 | New |
| Commonwealth Equity Services, LLC | 42,778 | $688.0K | 0.00% | +13,976+48.5% | Added |
| Ameriprise Financial Inc | 43,453 | $698.7K | 0.00% | −132−0.3% | Reduced |
| Zuckerman Investment Group, LLC | 46,000 | $739.7K | 0.07% | +2,000+4.5% | Added |
| Susquehanna International Group, LLP | 46,403 | $746.2K | 0.00% | +24,881+115.6% | Added |
| Captrust Financial Advisors | 49,345 | $793.5K | 0.00% | 00.0% | Unchanged |
| Marex Group plc | 49,601 | $797.6K | 0.01% | +49,601 | New |
| Quadrature Capital Ltd | 50,699 | $814.7K | 0.01% | +50,699 | New |
| Truist Financial Corp | 52,073 | $837.3K | 0.00% | +11,878+29.6% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 53,885 | $866.0K | 0.01% | +25,040+86.8% | Added |
| Cubist Systematic Strategies, LLC | 54,973 | $884.0K | 0.01% | −57,034−50.9% | Reduced |
| LM Advisors LLC | 55,784 | $925.0K | 0.13% | −1,058−1.9% | Reduced |
| Fountainhead AM, LLC | 59,064 | $949.7K | 0.12% | −167−0.3% | Reduced |
| Invesco Ltd. | 68,369 | $1.10M | 0.00% | +17,869+35.4% | Added |
| Legacy Capital Wealth Partners, LLC | 70,827 | $1.14M | 0.25% | −264−0.4% | Reduced |
| Confluence Investment Management LLC | 70,848 | $1.14M | 0.02% | −16,095−18.5% | Reduced |
| Citadel Advisors LLC | 70,909 | $1.14M | 0.00% | +3,236+4.8% | Added |
| Denali Advisors LLC | 71,968 | $1.16M | 0.13% | −14,613−16.9% | Reduced |
| Royal Bank of Canada | 74,861 | $1.20M | 0.00% | −84,833−53.1% | Reduced |
| Bank of America Corp | 84,530 | $1.36M | 0.00% | −12,403−12.8% | Reduced |
| Two Sigma Advisers, LP | 91,800 | $1.48M | 0.00% | +53,700+140.9% | Added |
| Jane Street Group, LLC | 95,225 | $1.53M | 0.00% | −43,560−31.4% | Reduced |
| Rockefeller Capital Management L.P. | 97,857 | $1.57M | 0.00% | +23,380+31.4% | Added |
| Adams Asset Advisors, LLC | 109,633 | $1.76M | 0.23% | +19,117+21.1% | Added |
| LPL Financial LLC | 120,700 | $1.94M | 0.00% | −50,754−29.6% | Reduced |
| Shikiar Asset Management Inc | 120,900 | $1.94M | 0.49% | −38,200−24.0% | Reduced |
| Activest Wealth Management | 125,287 | $2.01M | 0.41% | −46,275−27.0% | Reduced |
| Stifel Financial Corp | 139,425 | $2.24M | 0.00% | +9,436+7.3% | Added |
| Centiva Capital, LP | 150,958 | $2.43M | 0.23% | +150,958 | New |
| Goldman Sachs Group Inc | 157,866 | $2.54M | 0.00% | +119,500+311.5% | Added |
| Naviter Wealth, LLC | 161,329 | $2.67M | 0.31% | −18,996−10.5% | Reduced |
| Balyasny Asset Management LLC | 175,727 | $2.83M | 0.01% | +85,831+95.5% | Added |
| Neuberger Berman Group LLC | 185,206 | $2.98M | 0.00% | −76,561−29.2% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 198,538 | $3.19M | 0.12% | +48,395+32.2% | Added |
| Raymond James Financial Inc | 213,619 | $3.43M | 0.00% | +2,578+1.2% | Added |