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, Q1 2026
Institutional positions in Morgan Stanley Direct Lending Fund as of Mar 31, 2026. 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
- 139
- +6 vs. Q4 2025
- Shares held
- 35.7M
- −549.0K (−1.5%) vs. Q4 2025
- Total value
- $499.2M
- −$99.1M (−16.6%) vs. Q4 2025
- New holders
- 27
- 48 more added
- Sold out
- 21
- 43 more reduced
1 institution that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Morgan Stanley Direct Lending Fund; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Atlantic Union Bankshares Corp | 210 | $2.93K | 0.00% | +210 | New |
| Avion Wealth | 300 | $4.00K | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 288 | $4.02K | 0.00% | −2,862−90.9% | Reduced |
| Fifth Third Bancorp | 306 | $4.27K | 0.00% | +306 | New |
| Merkkuri Wealth Advisors LLC | 309 | $4.31K | 0.00% | +309 | New |
| Allworth Financial LP | 1,000 | $14.0K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 1,008 | $14.1K | 0.00% | +18+1.8% | Added |
| Bartlett & Co. Wealth Management LLC | 900 | $14.2K | 0.00% | 00.0% | Unchanged |
| Hollencrest Capital Management | 1,250 | $17.4K | 0.00% | +1,250 | New |
| Barclays PLC | 1,431 | $20.0K | 0.00% | +1,431 | New |
| SHP Wealth Management | 2,459 | $34.3K | 0.00% | +72+3.0% | Added |
| Advisory Services Network, LLC | 2,578 | $36.0K | 0.00% | +2,578 | New |
| Sunbelt Securities, Inc. | 3,000 | $41.9K | 0.00% | +3,000 | New |
| Rhumbline Advisers | 3,092 | $43.2K | 0.00% | +92+3.1% | Added |
| Creative Financial Designs Inc | 3,555 | $49.6K | 0.00% | 00.0% | Unchanged |
| Sound Income Strategies, LLC | 4,007 | $55.4K | 0.00% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 4,201 | $58.6K | 0.00% | −330−7.3% | Reduced |
| Tower Research Capital LLC (TRC) | 4,932 | $68.9K | 0.00% | +3,602+270.8% | Added |
| BNP Paribas Arbitrage, SA | 5,300 | $74.0K | 0.00% | −100−1.9% | Reduced |
| Harbour Investments, Inc. | 5,618 | $78.4K | 0.00% | 00.0% | Unchanged |
| Simplex Trading, LLC | 5,896 | $82.3K | 0.00% | +5,896 | New |
| AREX Capital Management, LP | 9,500 | $132.6K | 0.22% | +9,500 | New |
| Black Maple Capital Management LP | 10,000 | $139.6K | 0.11% | +10,000 | New |
| Wall Street Access Asset Management, LLC | 10,170 | $142.0K | 0.04% | +264+2.7% | Added |
| Cura Wealth Advisors, LLC | 10,200 | $142.4K | 0.06% | 00.0% | Unchanged |
| Bank of America Corp | 10,270 | $143.4K | 0.00% | −40,440−79.7% | Reduced |
| Sweeney & Michel, LLC | 10,500 | $153.5K | 0.05% | +10,500 | New |
| Brevan Howard Capital Management LP | 11,115 | $155.2K | 0.00% | +11,115 | New |
| Van Hulzen Asset Management, LLC | 11,585 | $161.7K | 0.01% | 00.0% | Unchanged |
| Osbon Capital Management LLC | 11,749 | $164.0K | 0.13% | +543+4.8% | Added |
| Jump Financial, LLC | 12,029 | $167.9K | 0.00% | +12,029 | New |
| Gilbert & Cook, Inc. | 12,131 | $169.3K | 0.02% | 00.0% | Unchanged |
| Centiva Capital, LP | 13,287 | $185.5K | 0.01% | −9,623−42.0% | Reduced |
| Sapient Capital LLC | 12,987 | $187.1K | 0.00% | 00.0% | Unchanged |
| Commerce Advisors, LLC | 13,891 | $193.9K | 0.16% | +13,891 | New |
| AQR Capital Management LLC | 14,026 | $195.8K | 0.00% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 14,539 | $203.0K | 0.00% | −363−2.4% | Reduced |
| CFO4Life Group, LLC | 14,813 | $206.8K | 0.03% | +14,813 | New |
| Cambridge Investment Research Advisors, Inc. | 15,444 | $216.0K | 0.00% | +15,444 | New |
| Cowa, LLC | 15,636 | $218.3K | 0.06% | +2,200+16.4% | Added |
| Clear Harbor Asset Management, LLC | 16,440 | $229.5K | 0.02% | +2,530+18.2% | Added |
| Eagle Global Advisors LLC | 16,915 | $236.1K | 0.01% | +16,915 | New |
| Advisor Group Holdings, Inc. | 17,145 | $239.3K | 0.00% | −15,662−47.7% | Reduced |
| Reicon Wealth Advisors, LLC | 17,349 | $242.2K | 0.19% | +4,380+33.8% | Added |
| Sanctuary Advisors, LLC | 17,669 | $246.7K | 0.00% | −855−4.6% | Reduced |
| DRW Securities, LLC | 17,679 | $246.8K | 0.01% | +6,970+65.1% | Added |
| Fountainhead AM, LLC | 17,742 | $247.7K | 0.22% | +522+3.0% | Added |
| Everpar Advisors LLC | 18,547 | $258.9K | 0.09% | 00.0% | Unchanged |
| Icon Wealth Advisors, LLC | 17,412 | $262.7K | 0.02% | +519+3.1% | Added |
| Engineers Gate Manager LP | 18,915 | $264.1K | 0.00% | +18,915 | New |
| Pathstone Holdings, LLC | 19,207 | $270.4K | 0.00% | −15,845−45.2% | Reduced |
| Almitas Capital LLC | 20,000 | $279.2K | 0.06% | 00.0% | Unchanged |
| Generali Investments CEE, investicni spolecnost, a.s. | 20,722 | $289.3K | 0.02% | 00.0% | Unchanged |
| Global Strategic Investment Solutions, LLC | 21,460 | $299.6K | 0.03% | +166+0.8% | Added |
| Quantbot Technologies LP | 22,430 | $313.1K | 0.01% | −86,106−79.3% | Reduced |
| JPMorgan Chase & Co | 22,354 | $315.4K | 0.00% | −155,919−87.5% | Reduced |
| Texas Yale Capital Corp. | 22,675 | $316.5K | 0.01% | +22,675 | New |
| Oppenheimer & Co Inc | 22,843 | $318.9K | 0.00% | 00.0% | Unchanged |
| National Bank of Canada | 23,766 | $331.7K | 0.00% | +4,521+23.5% | Added |
| Clearstead Advisors, LLC | 24,000 | $335.0K | 0.00% | 00.0% | Unchanged |
| NewGen Asset Management Ltd | 24,300 | $339.2K | 0.21% | +24,300 | New |
| Marex Group plc | 25,000 | $349.0K | 0.00% | −46,050−64.8% | Reduced |
| TrueMark Investments, LLC | 25,985 | $362.8K | 0.07% | +10,985+73.2% | Added |
| Infrastructure Capital Advisors, LLC | 26,001 | $363.0K | 0.03% | +16,000+160.0% | Added |
| Northern Trust Corp | 27,957 | $390.3K | 0.00% | 00.0% | Unchanged |
| Virtus Investment Advisers, Inc. | 28,292 | $395.0K | 0.11% | +2,011+7.7% | Added |
| Entropy Technologies, LP | 28,732 | $401.1K | 0.02% | −474−1.6% | Reduced |
| Envestnet Asset Management Inc | 29,236 | $408.1K | 0.00% | +1,607+5.8% | Added |
| Guggenheim Capital LLC | 30,229 | $422.0K | 0.00% | +12,908+74.5% | Added |
| Commonwealth Equity Services, LLC | 30,554 | $426.5K | 0.00% | −3,562−10.4% | Reduced |
| Beacon Pointe Advisors, LLC | 32,500 | $453.7K | 0.00% | −14,689−31.1% | Reduced |
| Squarepoint Ops LLC | 32,608 | $455.2K | 0.00% | +2,812+9.4% | Added |
| Dynamic Technology Lab Private Ltd | 36,564 | $510.4K | 0.08% | +36,564 | New |
| Fiduciary Group LLC | 36,924 | $515.5K | 0.04% | +12,895+53.7% | Added |
| Ameriprise Financial Inc | 36,974 | $516.2K | 0.00% | −3,543−8.7% | Reduced |
| Closed-End Fund Advisors, Inc. | 42,841 | $598.1K | 0.61% | −248,615−85.3% | Reduced |
| Susquehanna International Group, LLP | 44,144 | $616.3K | 0.00% | −44,323−50.1% | Reduced |
| Hourglass Capital, LLC | 48,672 | $679.5K | 0.14% | +48,672 | New |
| Colony Group, LLC | 48,827 | $683.8K | 0.00% | +14,709+43.1% | Added |
| Captrust Financial Advisors | 49,695 | $693.7K | 0.00% | +350+0.7% | Added |
| Truist Financial Corp | 51,381 | $717.3K | 0.00% | +8,739+20.5% | Added |
| Cetera Investment Advisers | 53,782 | $750.8K | 0.00% | +13,706+34.2% | Added |
| Aquatic Capital Management LLC | 55,780 | $778.7K | 0.02% | −21,544−27.9% | Reduced |
| Royal Bank of Canada | 57,089 | $797.0K | 0.00% | +9,937+21.1% | Added |
| Denali Advisors LLC | 57,757 | $806.3K | 0.09% | −36−0.1% | Reduced |
| Lido Advisors, LLC | 59,423 | $836.4K | 0.00% | −4,191−6.6% | Reduced |
| Invesco Ltd. | 65,882 | $919.7K | 0.00% | +37,967+136.0% | Added |
| Confluence Investment Management LLC | 67,321 | $939.8K | 0.01% | −4,835−6.7% | Reduced |
| Pension & Wealth Management Advisors, Inc. | 69,195 | $966.0K | 0.29% | +63,735+1,167.3% | Added |
| LPL Financial LLC | 70,951 | $990.5K | 0.00% | −3,690−4.9% | Reduced |
| Steward Partners Investment Advisory, LLC | 75,048 | $1.05M | 0.01% | +6,644+9.7% | Added |
| Citadel Advisors LLC | 77,072 | $1.08M | 0.00% | −153,228−66.5% | Reduced |
| Legacy Capital Wealth Partners, LLC | 86,033 | $1.20M | 0.25% | +9,051+11.8% | Added |
| Goldman Sachs Group Inc | 88,847 | $1.24M | 0.00% | −71,668−44.6% | Reduced |
| Stifel Financial Corp | 93,114 | $1.30M | 0.00% | −628−0.7% | Reduced |
| P.A.W. Capital Corp | 99,200 | $1.34M | 1.08% | +99,200 | New |
| Renaissance Technologies LLC | 101,429 | $1.42M | 0.00% | −32,071−24.0% | Reduced |
| Shikiar Asset Management Inc | 104,600 | $1.46M | 0.42% | −25,900−19.8% | Reduced |
| Raymond James Financial Inc | 106,424 | $1.49M | 0.00% | −68,882−39.3% | Reduced |
| State Street Corp | 105,464 | $1.52M | 0.00% | +105,464 | New |