Who owns Morgan Stanley Direct Lending Fund?
Institutional ownership of MSDL from SEC Form 13F filings across 85 reporting managers. All positions are from one synchronized reporting period — 2026-06-30 books, filed up to 45 days after quarter end — so every row is comparable.
85
13F holders
$429.5M
value, 2026 filers
33.6%
of shares outstanding (28.5M sh)
15
new positions (2026 filers)
Top institutional holders
ordered by shares owned · positions as of 2026-06-30· % of fund = share of the manager's own book · % of co. = share of MSDL's shares outstanding
| # | Manager | Shares | Value | % of fund | % of co. | Δ shares QoQ |
|---|---|---|---|---|---|---|
| 1 | MORGAN STANLEY | 15.7M | $237.7M | 0.0% | 18.5% | -1.0% |
| 2 | UBS Group AG | 2.6M | $39.0M | 0.0% | 3% | +61.7% |
| 3 | VAN ECK ASSOCIATES CORP | 2.0M | $30.5M | 0.0% | 2.4% | +40.5% |
| 4 | Russell Investments Group, Ltd. | 1.1M | $16.1M | 0.0% | 1.3% | +47.1% |
| 5 | TWO SIGMA INVESTMENTS, LP | 893,188 | $13.5M | 0.0% | 1.1% | +0.4% |
| 6 | Altshuler Shaham Ltd | 650,437 | $9.8M | 0.1% | 0.8% | 0.0% |
| 7 | Sumitomo Mitsui Trust Group, Inc. | 616,116 | $9.3M | 0.0% | 0.7% | +10.4% |
| 8 | BROWN BROTHERS HARRIMAN & CONEW | 539,662 | $8.2M | 0.0% | 0.6% | new |
| 9 | WELLS FARGO & COMPANY/MN | 515,964 | $7.8M | 0.0% | 0.6% | -4.9% |
| 10 | FRANKLIN RESOURCES INC | 456,469 | $6.9M | 0.0% | 0.5% | +144.3% |
| 11 | Americana Partners, LLC | 262,611 | $4.0M | 0.1% | 0.3% | +2.1% |
| 12 | HighTower Advisors, LLC | 238,437 | $3.6M | 0.0% | 0.3% | -10.1% |
| 13 | MILLENNIUM MANAGEMENT LLC | 204,517 | $3.1M | 0.0% | 0.2% | -25.9% |
| 14 | Cullen/Frost Bankers, Inc. | 184,080 | $2.8M | 0.0% | 0.2% | 0.0% |
| 15 | Rockefeller Capital Management L.P. | 165,873 | $2.5M | 0.0% | 0.2% | +9.8% |
| 16 | SFMG, LLC | 159,722 | $2.4M | 0.1% | 0.2% | -23.5% |
| 17 | NEUBERGER BERMAN GROUP LLC | 148,087 | $2.2M | 0.0% | 0.2% | -8.6% |
| 18 | RAYMOND JAMES FINANCIAL INC | 145,746 | $2.2M | 0.0% | 0.2% | +36.9% |
| 19 | Focus Partners Wealth | 141,101 | $2.1M | 0.0% | 0.2% | +189.0% |
| 20 | Legacy Capital Wealth Partners, LLC | 110,870 | $1.7M | 0.3% | 0.1% | +28.9% |
| 21 | ROYAL BANK OF CANADA | 107,947 | $1.6M | 0.0% | 0.1% | +89.1% |
| 22 | STIFEL FINANCIAL CORP | 95,023 | $1.4M | 0.0% | 0.1% | +2.1% |
| 23 | LPL Financial LLC | 92,091 | $1.4M | 0.0% | 0.1% | +29.8% |
| 24 | Activest Wealth Management | 88,943 | $1.3M | 0.3% | 0.1% | -56.6% |
| 25 | LM Advisors LLC | 84,112 | $1,310 | 0.2% | 0.1% | +7895.4% |
Source: SEC Form 13F-HR filings (institutional managers over $100M in US-listed positions). 13Fs disclose long positions only, up to 45 days after quarter end; each manager's latest filed quarter is shown per row and dollar values are the manager's filed marks. Aggregates labeled "2026 filers" count only managers whose latest book is a 2026 quarter. Related: valuation · options positioning · supply chain. Research, not investment advice.