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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 2026

Institutional positions in Morgan Stanley Direct Lending Fund as of Jun 30, 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
140
+3 vs. Q1 2026
Shares held
38.5M
+2.81M (+7.9%) vs. Q1 2026
Total value
$583.0M
+$84.0M (+16.8%) vs. Q1 2026
New holders
24
49 more added
Sold out
21
42 more reduced

2 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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 2026: 140 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 2026: $583.0M
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 2026

Shares, value and share of portfolio for each institution holding Morgan Stanley Direct Lending Fund; share changes are against Q1 2026.

Institutions holding MSDL in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
JFS Wealth Advisors, LLC3$470.00%+3New
Allied Private Wealth LLC120$1.83K0.00%+120New
Barclays PLC147$2.22K0.00%−1,284−89.7%Reduced
Roxbury Financial LLC163$2.46K0.00%+163New
Atlantic Union Bankshares Corp210$3.18K0.00%00.0%Unchanged
Avion Wealth300$4.00K0.00%00.0%Unchanged
Fifth Third Bancorp306$4.63K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)920$13.9K0.00%−4,012−81.3%Reduced
Bartlett & Co. Wealth Management LLC900$14.0K0.00%00.0%Unchanged
Allworth Financial LP1,000$15.1K0.00%00.0%Unchanged
International Assets Investment Management, LLC1,129$17.2K0.00%+1,129New
Hollencrest Capital Management1,287$19.5K0.00%+37+3.0%Added
Parallel Advisors, LLC1,713$25.9K0.00%+1,713New
Northwestern Mutual Wealth Management Co1,850$28.0K0.00%+1,850New
Jones Road Capital Management, L.P.2,000$30.2K0.16%+2,000New
Rhumbline Advisers3,183$48.1K0.00%+91+2.9%Added
Ameritas Advisory Services, LLC3,388$51.2K0.00%+3,388New
The PNC Financial Services Group, Inc.3,458$52.3K0.00%+2,450+243.1%Added
Creative Financial Designs Inc3,555$53.8K0.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec4,098$62.0K0.00%−103−2.5%Reduced
BNP Paribas Arbitrage, SA5,300$80.1K0.00%00.0%Unchanged
Harbour Investments, Inc.5,618$84.9K0.00%00.0%Unchanged
Quantbot Technologies LP6,483$98.0K0.00%−15,947−71.1%Reduced
Group One Trading, L.P.6,700$101.3K0.00%+6,700New
Wall Street Access Asset Management, LLC8,048$121.7K0.02%−2,122−20.9%Reduced
Simplex Trading, LLC9,360$141.5K0.00%+3,464+58.8%Added
Savant Capital, LLC10,293$149.7K0.00%+10,293New
Black Maple Capital Management LP10,000$151.2K0.10%00.0%Unchanged
Janney Montgomery Scott LLC10,550$160.0K0.00%+10,550New
Sweeney & Michel, LLC10,500$162.0K0.04%00.0%Unchanged
Osbon Capital Management LLC11,205$169.4K0.13%−544−4.6%Reduced
Centiva Capital, LP11,577$175.0K0.01%−1,710−12.9%Reduced
Gilbert & Cook, Inc.12,131$183.4K0.02%00.0%Unchanged
Sapient Capital LLC12,987$202.2K0.00%00.0%Unchanged
DRW Securities, LLC13,881$209.9K0.01%−3,798−21.5%Reduced
Commerce Advisors, LLC13,891$210.0K0.11%00.0%Unchanged
Mercer Global Advisors Inc14,026$212.1K0.00%−513−3.5%Reduced
Entropy Technologies, LP14,451$218.5K0.01%−14,281−49.7%Reduced
CFO4Life Group, LLC14,964$226.3K0.03%+151+1.0%Added
Park Avenue Securities LLC15,254$231.0K0.00%+15,254New
Eagle Global Advisors LLC15,525$234.7K0.01%−1,390−8.2%Reduced
Clear Harbor Asset Management, LLC15,610$236.0K0.01%−830−5.0%Reduced
AQR Capital Management LLC16,247$245.6K0.00%+2,221+15.8%Added
Reicon Wealth Advisors, LLC17,646$266.8K0.17%+297+1.7%Added
Sanctuary Advisors, LLC17,669$267.2K0.00%00.0%Unchanged
Icon Wealth Advisors, LLC17,928$271.1K0.02%+516+3.0%Added
Fountainhead AM, LLC18,269$276.2K0.21%+527+3.0%Added
Everpar Advisors LLC18,547$280.4K0.08%00.0%Unchanged
Cowa, LLC19,720$298.2K0.07%+4,084+26.1%Added
Almitas Capital LLC20,000$302.4K0.07%00.0%Unchanged
Pathstone Holdings, LLC20,303$307.0K0.00%+1,096+5.7%Added
Generali Investments CEE, investicni spolecnost, a.s.20,722$313.3K0.01%00.0%Unchanged
JPMorgan Chase & Co20,283$317.2K0.00%−2,071−9.3%Reduced
Cambridge Investment Research Advisors, Inc.21,027$318.0K0.00%+5,583+36.1%Added
Global Strategic Investment Solutions, LLC21,927$331.5K0.03%+467+2.2%Added
Oppenheimer & Co Inc22,410$338.8K0.00%−433−1.9%Reduced
Commonwealth Equity Services, LLC22,993$347.6K0.00%−7,561−24.7%Reduced
Bank of America Corp23,435$354.3K0.00%+13,165+128.2%Added
Clearstead Advisors, LLC24,000$362.9K0.00%00.0%Unchanged
National Bank of Canada24,089$364.2K0.00%+323+1.4%Added
Virtus Investment Advisers, Inc.24,668$373.0K0.09%−3,624−12.8%Reduced
Advisor Group Holdings, Inc.24,690$373.3K0.00%+7,545+44.0%Added
BI Asset Management Fondsmaeglerselskab A/S25,821$390.0K0.00%−107,910−80.7%Reduced
Lido Advisors, LLC25,943$399.2K0.00%−33,480−56.3%Reduced
O'Rourke & Company, Inc27,058$409.1K0.14%+27,058New
Northern Trust Corp27,394$414.2K0.00%−563−2.0%Reduced
Squarepoint Ops LLC27,425$414.7K0.00%−5,183−15.9%Reduced
Envestnet Asset Management Inc28,154$425.7K0.00%−1,082−3.7%Reduced
XTX Topco Ltd28,198$426.4K0.01%−163,715−85.3%Reduced
Infrastructure Capital Advisors, LLC29,001$438.5K0.03%+3,000+11.5%Added
Belpointe Asset Management LLC29,333$443.5K0.01%+29,333New
Texas Yale Capital Corp.29,955$452.9K0.01%+7,280+32.1%Added
Fiduciary Group LLC33,724$509.9K0.04%−3,200−8.7%Reduced
Guggenheim Capital LLC33,858$511.9K0.00%+3,629+12.0%Added
NewGen Asset Management Ltd34,300$518.6K0.28%+10,000+41.2%Added
Invesco Ltd.35,119$531.0K0.00%−30,763−46.7%Reduced
Scotia Capital Inc.40,000$604.8K0.00%+40,000New
Closed-End Fund Advisors, Inc.40,516$612.6K0.60%−2,325−5.4%Reduced
Truist Financial Corp40,856$617.7K0.00%−10,525−20.5%Reduced
HRT Financial LP41,334$624.0K0.00%+41,334New
Engineers Gate Manager LP46,340$700.7K0.01%+27,425+145.0%Added
Steward Partners Investment Advisory, LLC48,337$730.9K0.00%−26,711−35.6%Reduced
Hourglass Capital, LLC48,672$735.9K0.14%00.0%Unchanged
Captrust Financial Advisors49,345$746.1K0.00%−350−0.7%Reduced
Cetera Investment Advisers51,910$784.9K0.00%−1,872−3.5%Reduced
Denali Advisors LLC52,862$799.3K0.08%−4,895−8.5%Reduced
Susquehanna International Group, LLP53,542$809.6K0.00%+9,398+21.3%Added
Balyasny Asset Management LLC59,442$898.8K0.00%−57,311−49.1%Reduced
Goldman Sachs Group Inc60,609$916.4K0.00%−28,238−31.8%Reduced
Confluence Investment Management LLC67,513$1.02M0.02%+192+0.3%Added
Victory Capital Management Inc69,269$1.05M0.00%+69,269New
Citadel Advisors LLC73,595$1.11M0.00%−3,477−4.5%Reduced
Ilex Capital Partners (UK) LLP82,946$1.25M0.03%+82,946New
LM Advisors LLC84,112$1.31M0.15%+83,060+7,895.4%Added
Activest Wealth Management88,943$1.34M0.26%−115,780−56.6%Reduced
LPL Financial LLC92,091$1.39M0.00%+21,140+29.8%Added
Stifel Financial Corp95,023$1.44M0.00%+1,909+2.1%Added
Pension & Wealth Management Advisors, Inc.96,296$1.46M0.39%+27,101+39.2%Added
Callodine Capital Management, LP100,000$1.51M0.10%+100,000New
P.A.W. Capital Corp102,600$1.55M1.19%+3,400+3.4%Added