Morgan Stanley Direct Lending Fund MSDL Institutional Ownership

NYSE MSDL

$12.89 -0.03 (-0.27%)

As of: Oct 21, 2026 · 3:59 PM EDT

Institutions by Trading Activity

139 Institutions

Increased 73 52.5%

Unchanged 24 17.3%

Reduced 42 30.2%

Ownership Statistics

13F · as of 30 Jun, 2026

Institutional Ownership

45.02%

▲+3.46 pp QoQ

Shares Held by Institutions

38.16Mn

of 84.75Mn outstanding

▲+7.05% QoQ

Shares Outstanding

84.75Mn

46.60Mn held outside 13F filers

Institutional Investors

139

filed 13F for Jun 2026

▲+2 vs prior quarter

Net Shares Added (QoQ)

+2.51Mn

accumulated since last quarter

Value of Holdings

$493.39Mn

reported market value

Shares Owned by Institutions

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Institutions

Accumulated Distributed

Latest quarter —

Net over range —

Accumulating quarters —

Ownership Summary

Updated Oct 11, 2026

Morgan Stanley Direct Lending Fund (NYSE:MSDL) appeared in the 13F filings of 139 institutional investors for the quarter ended June 30, 2026.

These investors held 45.02% of outstanding shares in Q2 2026, up from 41.56% the quarter before.
Total holdings of MSDL shares rose 7.05% from Q1 2026, and the holder count rose 28.70% from Q2 2025.
Of the 139 holders of MSDL in Q2 2026, 73 added to their positions, 42 reduced their stakes and 24 left their positions unchanged.
Combined, institutional investors held 38.16Mn shares of MSDL as of Q2 2026, up 2.51Mn from the prior quarter and up 26.03Mn from a year earlier.
As of June 30, 2026, Morgan Stanley held the largest stake in Morgan Stanley Direct Lending Fund with 15.72Mn shares, or 18.55% of shares outstanding.
Among holders that already owned Morgan Stanley Direct Lending Fund, the biggest buyers in Q2 2026 were UBS Group AG (+984.49K shares), Van Eck Associates Corp (+580.14K shares), Ares Management LLC (+363.13K shares), Russell Investments Group, Ltd. (+339.85K shares) and Franklin Templeton Inc (+269.66K shares).
Among holders that kept a stake in Morgan Stanley Direct Lending Fund, the biggest sellers in Q2 2026 were XTX Topco Ltd (-163.72K shares), Morgan Stanley (-151.09K shares), Activest Wealth Management (-115.78K shares), Trexquant Investment LP (-113.25K shares) and BI Asset Management Fondsmaeglerselskab A/S (-107.91K shares).
Business Quant data shows the 10 biggest positions in Morgan Stanley Direct Lending Fund as of Q2 2026 were held by Morgan Stanley (15.72Mn shares), UBS Group AG (2.58Mn shares), Van Eck Associates Corp (2.01Mn shares), Generali Asset Management SPA SGR (1.83Mn shares), Lunate Capital Ltd (1.1Mn shares), Russell Investments Group, Ltd. (1.06Mn shares), Two Sigma Investments, LP (893.19K shares), Muzinich & Co., Inc. (838.9K shares), Ares Management LLC (775.13K shares) and Ensign Peak Advisors, Inc (748K shares).

Form 13F Holdings

139 Institutional Holders

Report period 30 Jun, 2026

Total shares held 38.16Mn

Of outstanding 45.02%

#	Institution	CIK	Shares Held	% of Outstanding	Change (QoQ)	Change (%)	Value (USD)
1	Morgan Stanley	0000895421	15,723,274	18.55%	▼151,088	-0.95%	$237.74Mn
2	UBS Group AG	0001610520	2,581,090	3.05%	▲984,494	+61.66%	$39.03Mn
3	VAN ECK ASSOCIATES CORP	0000869178	2,014,119	2.38%	▲580,142	+40.46%	$30.45Mn
4	Generali Asset Management SPA SGR	0002046751	1,829,964	2.16%	0	0.00%	$27.67Mn
5	Lunate Capital Ltd	0002056786	1,103,814	1.30%	▲1,103,814	0.00%	$16.69Mn
6	Russell Investments Group, Ltd.	0001692234	1,061,802	1.25%	▲339,853	+47.07%	$16.05Mn
7	TWO SIGMA INVESTMENTS, LP	0001179392	893,188	1.05%	▲3,839	+0.43%	$13.51Mn
8	Muzinich & Co., Inc.	0001618824	838,899	0.99%	▲71,097	+9.26%	$12.68Mn
9	ARES MANAGEMENT LLC	0001259313	775,128	0.91%	▲363,128	+88.14%	$11.72Mn
10	Ensign Peak Advisors, Inc	0001454984	748,000	0.88%	▲748,000	0.00%	$11.31Mn
11	Altshuler Shaham Ltd	0001324290	650,437	0.77%	0	0.00%	$9.83Mn
12	American Financial Group Inc	0001042046	631,500	0.75%	0	0.00%	$9.55Mn
13	Sumitomo Mitsui Trust Group, Inc.	0001475365	616,116	0.73%	▲58,003	+10.39%	$9.32Mn
14	BROWN BROTHERS HARRIMAN & CO	0000014661	539,662	0.64%	▲539,662	0.00%	$8.16Mn
15	Wells Fargo & Company/Mn	0000072971	515,964	0.61%	▼26,832	-4.94%	$7.80Mn
16	DG Capital Management, LLC	0001512716	475,537	0.56%	▼100,000	-17.38%	$7.19Mn
17	Franklin Templeton Inc	0000038777	456,469	0.54%	▲269,658	+144.35%	$6.90Mn
18	TT Capital Management LLC	0002056338	343,317	0.41%	▲10,850	+3.26%	$5.19Mn
19	Hennion & Walsh Asset Management, Inc.	0001861642	315,801	0.37%	▲28,418	+9.89%	$4.77Mn
20	Trexquant Investment LP	0001633445	296,078	0.35%	▼113,248	-27.67%	$4.48Mn

Showing 1 to 20 of 139 holders