# MORGAN STANLEY DIRECT LENDIN (MSDL)

> Institutional ownership reported to the SEC as of Q3 2026, from Form 13F filings. Source: https://holderbook.com/stocks/MSDL/

- Reporting holders: 4
- Reported value: $3.1M
- Held through calls: 0.0%
- Held through puts: 0.0%

A 13F reports long US equity positions only. Shorts, bonds, foreign listings and cash are not visible here, and positions are disclosed up to 45 days after the quarter ends.

## Largest holders

| Manager | Value | Shares | Share of their book | Quarters held |
|---|---|---|---|---|
| [Adams Asset Advisors, LLC](https://holderbook.com/funds/1386929-adams-asset-advisors-llc/) | $2.0M | 145,210 | 0.2% | 9 |
| [CONFLUENCE INVESTMENT MANAGEMENT LLC](https://holderbook.com/funds/1442056-confluence-investment-management-llc/) | $938.9K | 68,882 | 0.0% | 9 |
| [SAPIENT CAPITAL LLC](https://holderbook.com/funds/1998653-sapient-capital-llc/) | $182.9K | 12,987 | 0.0% | 5 |
| [Roxbury Financial LLC](https://holderbook.com/funds/2054149-roxbury-financial-llc/) | $2.2K | 163 | 0.0% | 2 |

## Quarter by quarter

| Quarter | Holders | Reported value |
|---|---|---|
| Q3 2026 | 4 | $3.1M |
| Q2 2026 | 142 | $594.4M |
| Q1 2026 | 142 | $512.2M |
| Q4 2025 | 136 | $603.8M |
| Q3 2025 | 118 | $508.7M |
| Q2 2025 | 110 | $529.0M |
| Q1 2025 | 98 | $517.7M |
| Q4 2024 | 83 | $434.3M |
| Q3 2024 | 53 | $336.4M |
| Q2 2024 | 18 | $308.3M |
| Q1 2024 | 20 | $302.5M |