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MSDL · Morgan Stanley Direct Lending Fund
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MSDL Morgan Stanley Direct Lending Fund (MSDL) Insider Trading, Ownership & Congress Trades

Funds & Trusts · Registered investment company · CIK 0001782524
Quote by TradingView
SEC filings
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
75
13F, latest reported quarter

Morgan Stanley Direct Lending Fund insider trades (Form 4)

Form 4 buys and sells (codes P and S). Grants, option exercises and conversions excluded.

No insider purchases or sales are on record for Morgan Stanley Direct Lending Fund in the period covered. Source: SEC Form 4 filings, as of 2026-10-28.

Insider
Filed
Shares
Value
Since filing
Day Jeff M.
Co-President
BUY
2026-03-05 SEC
5,000
$74.5K
-1.7%
Context
  • 1 earlier Form 4 trade (code P or S) here by this insider (1 buy), the last on Aug 12, 2025.
  • The trade is 21.9% of the 22,818 shares held after it.
  • 3 other insiders bought within 30 days.
  • 75 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Co-President Day Jeff M. bought about $74.5K of MSDL on Mar 5, 2026; 3 other insiders bought within 30 days and 75 funds added in the latest 13F quarter.
Mizrachi Orit
See Remarks
BUY
2026-03-03 SEC
1,000
$14.5K
-2.6%
Context
  • First Form 4 purchase or sale (code P or S) here by this insider on our record.
  • The trade is 17.0% of the 5,867 shares held after it.
  • 3 other insiders bought within 30 days.
  • 75 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: See Remarks Mizrachi Orit bought about $14.5K of MSDL on Mar 3, 2026; 3 other insiders bought within 30 days and 75 funds added in the latest 13F quarter.
MILLER DAVID N
Director
BUY
2026-03-03 SEC
5,000
$73.5K
-2.6%
Context
  • 2 earlier Form 4 trades (code P or S) here by this insider (2 buys), the last on Mar 2, 2026.
  • +2.4% median (+2.4% mean) 90-day return after 2 previous buys.
  • The trade is 33.3% of the 15,000 shares held after it.
  • 3 other insiders bought within 30 days.
  • 75 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director MILLER DAVID N bought about $73.5K of MSDL on Mar 3, 2026; 3 other insiders bought within 30 days and 75 funds added in the latest 13F quarter.
MILLER DAVID N
Director
BUY
2026-03-03 SECtraded 2026-03-02
5,000
$73.4K
-2.6%
Context
  • 1 earlier Form 4 trade (code P or S) here by this insider (1 buy), the last on Aug 12, 2025.
  • The trade is 50.0% of the 10,000 shares held after it.
  • 3 other insiders bought within 30 days.
  • 75 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director MILLER DAVID N bought about $73.4K of MSDL on Mar 2, 2026; 3 other insiders bought within 30 days and 75 funds added in the latest 13F quarter.
Occi Michael Jr.
Chief Executive Officer
BUY
2026-03-03 SECtraded 2026-03-02
7,000
$104.1K
-2.6%
Context
  • 2 earlier Form 4 trades (code P or S) here by this insider (2 buys), the last on Aug 12, 2025.
  • +1.7% median (+1.7% mean) 90-day return after 2 previous buys.
  • The trade is 24.6% of the 28,500 shares held after it.
  • 3 other insiders bought within 30 days.
  • 75 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Executive Officer Occi Michael Jr. bought about $104.1K of MSDL on Mar 2, 2026; 3 other insiders bought within 30 days and 75 funds added in the latest 13F quarter.
21 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
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Seven facts, ranked against the sector · Rank is not a forecast
Insiders
no insider buys or sells on file
Congress
no House purchase disclosed in the last 12 months
Funds
75 funds bought in last quarter
more than 76% of Funds & Trusts
Revenue
no revenue reported in any filing
Margin
no margin: no revenue reported
Buybacks
$27.2M repurchased, FY to 2026-06-30
more than 71% of Funds & Trusts
Short interest
4.7% of shares outstanding short · 9.8 days to cover · settled 2026-09-30
more than 79% of Funds & Trusts
What changed in the last 30 days
Nothing new filed in the last 30 days

Watch MSDL

A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.

The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-12.3%12M
-18%-10%-3%+4%2025-102025-122026-022026-042026-062026-082026-10 2026-03-02 · Occi Michael Jr. bought $104.1K2026-03-05 · Day Jeff M. bought $74.5K2026-03-03 · MILLER DAVID N bought $73.5K2026-03-02 · MILLER DAVID N bought $73.4K2025-11-11 · Krishnan Ashwin bought $50.2K2026-03-03 · Mizrachi Orit bought $14.5K2025-11-10 · FRANK BRUCE D bought $9.8K
Insider buy
Indexed to 100, dividend-adjusted, not a price chart. When a name files heavily, the largest trades are drawn first.

Who owns MSDL: institutional holders (13F)

13F holdings, latest reported quarter
MORGAN STANLEY
15,723,274 sh
$237.7M
UBS Group AG
2,581,090 sh
$39.0M
VAN ECK ASSOCIATES CORP
2,014,119 sh
$30.5M
Generali Asset Management SPA SGR
1,829,964 sh
$27.7M
Lunate Capital Ltd
1,103,814 sh
$16.7M

Congress trades in MSDL

No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.

Activist and 5% holders (13D/13G)

No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.

MSDL planned insider sales (Form 144)

No planned-sale notices
No insider has filed to sell. Watch this after a run-up.

MSDL mutual fund holders (N-PORT)

Funds ranked by the share of their own portfolio in this stock (N-PORT).
Putnam BDC Income ETF
$6.9M position · as of 2026-07-31
2.4%
GraniteShares HIPS U.S. High Income ETF
$2.5M position · as of 2026-06-30
2.3%
FT Confluence BDC & Specialty Finance Income ETF
$750.3K position · as of 2026-05-31
2.2%
VanEck BDC Income ETF
$24.6M position · as of 2026-06-30
1.5%
Virtus Private Credit Strategy ETF
$360.4K position · as of 2026-07-31
1.2%
Invesco High Yield Fund
$555.1K position · as of 2026-05-31
0.1%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M · % is the share of the fund's own portfolio
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
The complete filing record, in one place.
The record shows 75 funds added last quarter. Each figure is a federal filing, dated the day it went public.
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Same sector, ranked by filing activity
Sector by SEC SIC code
RCGECATBCATASANMFCRWAYGFMEGITPVGPFXEMOCPZ

MSDL financials

Ratios from the company's XBRL filings, latest filings
Revenue, TTM
n/a
fewer than four consecutive quarters of revenue filed
Net margin, TTM
n/a
needs four consecutive quarters of both revenue and net income
Free cash flow, TTM
n/a
capex not filed for the four quarters
Debt to equity
1.20x
long-term debt only, 2026-06-30; equity 2026-06-30
Cash flow to debt
0.14x
TTM operating cash flow over long-term debt only, 2026-06-30
Return on equity
+3.5%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets
+1.6%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on invested capital
n/a
fewer than four consecutive quarters of operating income
Return on capital employed
n/a
fewer than four consecutive quarters of operating income
P/E, trailing
19.77x
close 2026-10-27 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
Enterprise value
$3.1B
market value at close 2026-10-27 on 2026-08-05 shares, plus long-term debt only, 2026-06-30, minus cash 2026-06-30
FCF yield
n/a
capex not filed for the four quarters
PEG, trailing
n/a
trailing EPS growth -64%, PEG needs growth
Price as of 2026-10-27. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
2025-122024-122023-122022-12
Net income$122.1M$215.6M$231.0M$48.5M
EPS (diluted)1.402.433.110.79
Operating cash flow$150.9M-$382.5M-$83.8M-$429.8M
Cash$81.4M$63.4M$69.7M$81.2M
Long-term debt$2.1B$2.0B$1.5B$1.5B
Buybacks$42.0M$18.1M$0$0
Dividends paid$184.0M$169.1M$110.5M$85.7M
SEC XBRL, fiscal years, as known on 2026-10-28

MSDL Stock Sonar score 4/7 axes

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MSDL ranks highest on institutional and government (76th percentile) and profitability (44th), and lowest on risk and compliance (18th), among Funds & Trusts peers.

Profitability
44
Inputs
  • Return on equity+3.5% · 44 pct, sector of 37
  • Return on assets+1.6% · 43 pct, sector of 38
  • Return on invested capitalfewer than four consecutive quarters of operating income
  • Return on capital employedfewer than four consecutive quarters of operating income
Financial health
42
Inputs
  • Debt to equity1.20x · 21 pct, universe of 3,589
  • Cash flow to debt0.14x · 62 pct, sector of 30
Institutional and government
76
Inputs
  • Funds adding, latest quarter75 · 76 pct, sector of 210
  • Congress net buyers, 365dno Congress trades in 365 days
  • Federal contracts, 180dno federal contracts in 180 days
  • Lobbying spend, 4 quartersno lobbying filings in the last four quarters
Risk and compliance
18
Inputs
  • Short interest, % of shares outstanding (no float on file)+4.7% · 18 pct, sector of 46
  • Recalls per $1B revenue, 3yrevenue under $50M or not filed, so a count cannot be scaled to size
  • EPA cases per $1B revenue, 5yrevenue under $50M or not filed, so a count cannot be scaled to size
  • New text in Risk Factors, latest 10-Kneeds two 10-Ks with a Risk Factors section (not 20-F filers or stubs)
3 not measured: Growth, Insider conviction, US patents
  • Growth needs 1 of 2 inputs, 0 present: no backlog line filed, or no year-earlier backlog; no revenue for this year and the year before
  • Insider conviction needs 1 of 2 inputs, 0 present: no Form 4 purchase or sale (code P or S) in 180 days; no insider trades in 180 days
  • US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet

4 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored

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