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 |
|---|---|---|---|---|---|
| Adams Asset Advisors, LLC | 114,432 | $1.60M | 0.18% | +3,035+2.7% | Added |
| Balyasny Asset Management LLC | 116,753 | $1.63M | 0.00% | +105,186+909.4% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 133,731 | $1.87M | 0.02% | +3,980+3.1% | Added |
| GraniteShares Advisors LLC | 142,844 | $1.99M | 1.44% | −16,340−10.3% | Reduced |
| Naviter Wealth, LLC | 140,627 | $2.03M | 0.25% | +18,149+14.8% | Added |
| Rockefeller Capital Management L.P. | 151,034 | $2.11M | 0.00% | +46,266+44.2% | Added |
| Jane Street Group, LLC | 151,464 | $2.11M | 0.00% | −271,701−64.2% | Reduced |
| Point72 Asset Management, L.P. | 154,421 | $2.16M | 0.00% | −24,476−13.7% | Reduced |
| ExodusPoint Capital Management, LP | 160,332 | $2.24M | 0.02% | +160,332 | New |
| Neuberger Berman Group LLC | 162,067 | $2.26M | 0.00% | −4,041−2.4% | Reduced |
| Cullen/Frost Bankers, Inc. | 184,080 | $2.57M | 0.03% | 00.0% | Unchanged |
| Franklin Resources Inc | 186,811 | $2.61M | 0.00% | −184,283−49.7% | Reduced |
| XTX Topco Ltd | 191,913 | $2.68M | 0.05% | +110,314+135.2% | Added |
| Activest Wealth Management | 204,723 | $2.86M | 0.50% | +9,102+4.7% | Added |
| Liberty Mutual Group Asset Management Inc. | 204,770 | $2.86M | 0.23% | −155,003−43.1% | Reduced |
| SFMG, LLC | 208,725 | $2.91M | 0.20% | −29,320−12.3% | Reduced |
| Fosun International Ltd | 240,374 | $3.36M | 0.84% | +18,502+8.3% | Added |
| Americana Partners, LLC | 257,184 | $3.59M | 0.09% | −294,592−53.4% | Reduced |
| HighTower Advisors, LLC | 265,284 | $3.70M | 0.00% | +265,284 | New |
| Millennium Management LLC | 276,026 | $3.85M | 0.00% | +7,380+2.7% | Added |
| Hennion & Walsh Asset Management, Inc. | 287,383 | $4.01M | 0.13% | +28,454+11.0% | Added |
| TT Capital Management LLC | 332,467 | $4.64M | 3.83% | +29,521+9.7% | Added |
| Trexquant Investment LP | 409,326 | $5.71M | 0.04% | −38,771−8.7% | Reduced |
| Ares Management LLC | 412,000 | $5.75M | 0.38% | +312,000+312.0% | Added |
| Wells Fargo & Company | 542,796 | $7.58M | 0.00% | +134,380+32.9% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 558,113 | $7.79M | 0.01% | 00.0% | Unchanged |
| DG Capital Management, LLC | 575,537 | $8.03M | 3.47% | +575,537 | New |
| Toronto Dominion Bank | 622,212 | $8.69M | 0.02% | −91,429−12.8% | Reduced |
| American Financial Group Inc | 631,500 | $8.82M | 3.27% | +100,000+18.8% | Added |
| Altshuler Shaham Ltd | 650,437 | $9.08M | 0.17% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 721,949 | $10.1M | 0.01% | +479,532+197.8% | Added |
| Muzinich & Co., Inc. | 767,802 | $10.7M | 3.75% | +1,351+0.2% | Added |
| Two Sigma Investments, LP | 889,349 | $12.4M | 0.01% | +44,579+5.3% | Added |
| Rivernorth Capital Management, LLC | 1,052,351 | $14.7M | 0.74% | +287,808+37.6% | Added |
| Van Eck Associates Corp | 1,433,977 | $20.0M | 0.02% | −406,858−22.1% | Reduced |
| UBS Group AG | 1,596,596 | $22.3M | 0.00% | −72,097−4.3% | Reduced |
| Generali Asset Management SPA SGR | 1,829,964 | $25.5M | 0.53% | 00.0% | Unchanged |
| Morgan Stanley | 15,874,362 | $221.6M | 0.01% | −1,9740.0% | Reduced |
| LM Advisors LLC | 1,052 | – | – | −216−17.0% | Reduced |
| HRT Financial LP | 0 | $0 | 0.00% | −394,241−100.0% | Sold out |
| Truffle Hound Capital, LLC | 0 | $0 | 0.00% | −320,000−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −249,400−100.0% | Sold out |
| Schonfeld Strategic Advisors LLC | 0 | $0 | 0.00% | −130,312−100.0% | Sold out |
| Quest Partners LLC | 0 | $0 | 0.00% | −54,024−100.0% | Sold out |
| MAI Capital Management | 0 | $0 | 0.00% | −50,216−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −48,867−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −31,736−100.0% | Sold out |
| Jaffetilchin Investment Partners, LLC | 0 | $0 | 0.00% | −20,192−100.0% | Sold out |
| Nomura Holdings Inc | 0 | $0 | 0.00% | −17,387−100.0% | Sold out |
| Sciencast Management LP | 0 | $0 | 0.00% | −12,336−100.0% | Sold out |
| Grimes & Company, Inc. | 0 | $0 | 0.00% | −10,579−100.0% | Sold out |
| Oxford Asset Management LLP | 0 | $0 | 0.00% | −10,403−100.0% | Sold out |
| Kestra Advisory Services, LLC | 0 | $0 | 0.00% | −4,882−100.0% | Sold out |
| GWM Advisors LLC | 0 | $0 | 0.00% | −2,000−100.0% | Sold out |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −900−100.0% | Sold out |
| DV Trading LLC | 0 | $0 | 0.00% | −400−100.0% | Sold out |
| CX Institutional | 0 | $0 | 0.00% | −100−100.0% | Sold out |
| Assetmark, Inc | 0 | $0 | 0.00% | −30−100.0% | Sold out |
| Essential Partners LLC | 0 | $0 | 0.00% | −15−100.0% | Sold out |
| Caitong International Asset Management Co., Ltd | 0 | $0 | 0.00% | −3−100.0% | Sold out |
| DV Equities, LLC | – | – | – | – | Not filed |