Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Morgan Stanley Direct Lendin (MSDL)

139 + Investors. Track Smart Money conviction in MSDL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
7Q ▲
Buyers last Q
56%

Smart Money Signals — MSDL

Based on 139 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 7 quarters in a row

last 6Q
For 7 consecutive quarters, more hedge funds added MSDL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
139 hedge funds hold MSDL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +49% more funds vs a year ago

fund count last 6Q
+46 new funds entered over the past year (+49% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 56% buying

77 buying61 selling
Last quarter: 77 funds bought or added vs 61 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-17 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 24 → 21 → 43 → 26. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

Mostly new holders — 40% entered in last year

■ 7% conviction (2yr+) ■ 53% medium ■ 40% new
Only 10 funds (7%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares -1%, value -20%

Value
-20%
Shares
-1%
Last quarter: funds added -1% more shares while total portfolio value only changed -20%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

26 → 24 → 21 → 43 → 26 new funds/Q
New funds entering each quarter: 24 → 21 → 43 → 26. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
📊

Mixed cohorts — 3% veterans, 54% new entrants

■ 3% veterans ■ 43% 1-2yr ■ 54% new
Of 144 current holders: 4 (3%) held 2+ years, 62 held 1–2 years, 78 (54%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
26 of 138 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in MSDL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.6
out of 10
Moderate Exit Risk
Exit risk score 4.6/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — MSDL

In 2026 Q1, 77 hedge funds were net buyers of MSDL (26 opened a new position, 51 added to an existing one), while 61 reduced or exited (41 trimmed, 20 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 7 consecutive quarters of net institutional buying — a persistent conviction signal. 58% of total institutional value in MSDL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 139.

Hedge Fund Ownership: MSDL

How many hedge funds hold MSDL — quarterly history vs. share price
Quarterly hedge fund ownership of MSDL vs. share price

Market Analysis: MSDL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MSDL

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Morgan Stanley Direct Lendin (MSDL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much MSDL has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
MSDL
+8.6%
XLF
+9.5%

MSDL outperformed XLF by -0.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
MSDL
-0.5%
XLF
+5.8%

Since the filing became public, MSDL outperformed XLF by -6.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 1 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: MSDL
139 + Investors

Track Smart Money conviction in MSDL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 139 133 4.51%
13F Shares 36M 37M -1.23%
Total Value $483M $604M -20.08%
New Positions 26 43 -17
Increased Positions 48 42 +6
Closed Positions 20 25 -5
Reduced Positions 40 36 +4
Total Calls 3 4 -25.0%
Total Puts 3 3 -
PUT/CALL Ratio 1.0 0.75 Neutral

Statistics: MSDL

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

139 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MSDL. Verified SEC 13F-HR filings.

QUARTER:
Top 25 MSDL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 TT Capital Management LLC 3.83% 332,467 $4.6M
2 Muzinich & Co., Inc. 3.75% 767,802 $10.7M
3 American Financial Group Inc 3.27% 631,500 $8.8M
4 DG Capital Management, LLC 2.46% 575,537 $8.0M
5 GraniteShares Advisors LLC 1.44% 142,844 $2.0M
6 Fosun International Ltd 0.84% 240,374 $3.4M
7 Rivernorth Capital Management, LLC 0.73% 1,052,351 $14.7M
8 Closed-End Fund Advisors, Inc. 0.61% 42,841 $598K
9 Generali Asset Management SPA SGR 0.53% 1,829,964 $25.5M
10 Activest Wealth Management 0.50% 204,723 $2.9M
11 Ares Management LLC 0.38% 412,000 $5.8M
12 Naviter Wealth, LLC 0.25% 140,627 $2.0M
13 Legacy Capital Wealth Partners, LLC 0.25% 86,033 $1.2M
14 Liberty Mutual Group Asset Management Inc. 0.23% 204,770 $2.9M
15 Obsidian Cio, LLC 0.22% 17,742 $248K
16 AREX Capital Management, LP 0.22% 9,500 $133K
17 Sfmg, LLC 0.20% 208,725 $2.9M
18 Reicon Wealth Advisors, LLC 0.18% 17,349 $242K
19 Adams Asset Advisors, LLC 0.18% 114,432 $1.6M
20 Altshuler Shaham Ltd 0.16% 650,437 $9.1M
21 Commerce Advisors, LLC 0.16% 13,891 $194K
22 Hourglass Capital, LLC 0.14% 48,672 $679K
23 Hennion & Walsh Asset Management, Inc. 0.13% 287,383 $4.0M
24 Osbon Capital Management LLC 0.13% 11,749 $164K
25 NewGen Asset Management Ltd 0.13% 24,300 $339K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Morgan Stanley Direct Lendin (MSDL)

What does the Smart Money Trend signal show for MSDL?

Buying streak — 7 quarters in a row: For 7 consecutive quarters, more hedge funds added MSDL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for MSDL?

Slight buying edge — 56% buying: Last quarter: 77 funds bought or added vs 61 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for MSDL holders?

Elite ownership — 58% AUM from top-100 funds: 26 of 138 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in MSDL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held MSDL?

Mostly new holders — 40% entered in last year: Only 10 funds (7%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Morgan Stanley Direct Lendin (MSDL) following the 2026 Q1 hedge fund 13F filings?

As of today, MSDL has moved -0.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of -6.3%. Since the quarter end (March 31, 2026), MSDL has gained +8.6% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →