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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
Royal Bank of Canada107,947$1.63M0.00%+50,858+89.1%Added
Legacy Capital Wealth Partners, LLC110,870$1.68M0.32%+24,837+28.9%Added
Shikiar Asset Management Inc112,750$1.71M0.43%+8,150+7.8%Added
State Street Corp124,279$1.93M0.00%+18,815+17.8%Added
Colony Group, LLC141,101$2.14M0.00%+92,274+189.0%Added
Raymond James Financial Inc145,746$2.20M0.00%+39,322+36.9%Added
Neuberger Berman Group LLC148,087$2.24M0.00%−13,980−8.6%Reduced
Adams Asset Advisors, LLC148,696$2.25M0.25%+34,264+29.9%Added
SFMG, LLC159,722$2.41M0.15%−49,003−23.5%Reduced
GraniteShares Advisors LLC164,369$2.49M1.60%+21,525+15.1%Added
Rockefeller Capital Management L.P.165,873$2.51M0.00%+14,839+9.8%Added
Naviter Wealth, LLC176,534$2.75M0.25%+35,907+25.5%Added
Cullen/Frost Bankers, Inc.184,080$2.78M0.03%00.0%Unchanged
Millennium Management LLC204,517$3.09M0.00%−71,509−25.9%Reduced
Liberty Mutual Group Asset Management Inc.204,770$3.10M0.27%00.0%Unchanged
HighTower Advisors, LLC238,437$3.61M0.00%−26,847−10.1%Reduced
Fosun International Ltd240,374$3.63M0.81%00.0%Unchanged
Americana Partners, LLC262,611$3.97M0.09%+5,427+2.1%Added
Trexquant Investment LP296,078$4.48M0.03%−113,248−27.7%Reduced
Hennion & Walsh Asset Management, Inc.315,801$4.77M0.14%+28,418+9.9%Added
TT Capital Management LLC343,317$5.19M4.04%+10,850+3.3%Added
Caz Investments LP399,455$6.04M2.87%+399,455New
Franklin Resources Inc456,469$6.90M0.00%+269,658+144.3%Added
DG Capital Management, LLC475,537$7.19M2.49%−100,000−17.4%Reduced
Wells Fargo & Company515,964$7.80M0.00%−26,832−4.9%Reduced
Brown Brothers Harriman & Co539,662$8.16M0.04%+539,662New
Sumitomo Mitsui Trust Holdings, Inc.616,116$9.32M0.01%+58,003+10.4%Added
American Financial Group Inc631,500$9.55M3.37%00.0%Unchanged
Altshuler Shaham Ltd650,437$9.83M0.12%00.0%Unchanged
Ensign Peak Advisors, Inc748,000$11.3M0.02%+748,000New
Ares Management LLC775,128$11.7M0.51%+363,128+88.1%Added
Muzinich & Co., Inc.838,899$12.7M4.33%+71,097+9.3%Added
Two Sigma Investments, LP893,188$13.5M0.01%+3,839+0.4%Added
Russell Investments Group, Ltd.1,061,802$16.1M0.01%+339,853+47.1%Added
Lunate Capital Ltd1,103,814$16.7M8.51%+1,103,814New
Generali Asset Management SPA SGR1,829,964$27.7M0.50%00.0%Unchanged
Van Eck Associates Corp2,014,119$30.5M0.02%+580,142+40.5%Added
UBS Group AG2,581,090$39.0M0.01%+984,494+61.7%Added
Morgan Stanley15,723,274$237.7M0.01%−151,088−1.0%Reduced
GFS Advisors, LLC2,900––+2,900New
Rivernorth Capital Management, LLC0$00.00%−1,052,351−100.0%Sold out
Toronto Dominion Bank0$00.00%−622,212−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−160,332−100.0%Sold out
Point72 Asset Management, L.P.0$00.00%−154,421−100.0%Sold out
Jane Street Group, LLC0$00.00%−151,464−100.0%Sold out
Renaissance Technologies LLC0$00.00%−101,429−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−55,780−100.0%Sold out
Ameriprise Financial Inc0$00.00%−36,974−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−36,564−100.0%Sold out
Beacon Pointe Advisors, LLC0$00.00%−32,500−100.0%Sold out
TrueMark Investments, LLC0$00.00%−25,985−100.0%Sold out
Marex Group plc0$00.00%−25,000−100.0%Sold out
Jump Financial, LLC0$00.00%−12,029−100.0%Sold out
Van Hulzen Asset Management, LLC0$00.00%−11,585−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−11,115−100.0%Sold out
Cura Wealth Advisors, LLC0$00.00%−10,200−100.0%Sold out
Sound Income Strategies, LLC0$00.00%−4,007−100.0%Sold out
Advisory Services Network, LLC0$00.00%−2,578−100.0%Sold out
SHP Wealth Management0$00.00%−2,459−100.0%Sold out
Merkkuri Wealth Advisors LLC0$00.00%−309−100.0%Sold out
AdvisorNet Financial, Inc0$00.00%−288−100.0%Sold out
AREX Capital Management, LP––––Not filed
Sunbelt Securities, Inc.––––Not filed