FS Specialty Lending FundFSSL
13F holders, Q2 2026 (June 30)259holders +9
54new positions
44sold out
1famous investor
$11.15avg. 13F price*
At the end of Q2 2026, 259 institutions reported holding FS Specialty Lending Fund (FSSL) in their 13F filings, up 9 from Q1 2026. 54 opened new positions and 44 sold out. The largest holders were Nomura Holdings Inc. ($41.5M), Thomas J. Herzfeld Advisors, Inc. ($32.3M) and Oak Hill Advisors LP ($32.0M). One famous investor held it Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- FS Specialty Lending Fund
- CUSIP
- 644323107
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2026 → Q2 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 54 | $12.2M |
| Exits | 44 | $7.0M |
All 13F filers, Q1 2026 → Q2 2026: 6,350,853 shares bought and 1,724,437 shares sold, net +4,626,416 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 259 holders
| Nomura Holdings Inc. | 0.18% | Add +40.2% | 3,719,086 | $41.5M |
| Thomas J. Herzfeld Advisors, Inc. | 9.93% | Add +3.3% | 2,900,663 | $32.3M |
| Oak Hill Advisors LP | 4.57% | Add +3.8% | 2,872,108 | $32.0M |
| Rivernorth Capital Management, LLC | 1.50% | Add +20.9% | 2,800,048 | $31.2M |
| Sit Investment Associates Inc. | 0.55% | Add +8.2% | 2,608,084 | $29.1M |
| Envestnet Asset Management Inc. | 0.00% | Add +6.1% | 1,698,203 | $18.9M |
| GCM Grosvenor Holdings, LLC | 0.72% | Add +3.7% | 1,501,875 | $16.7M |
| Penserra Capital Management LLC | 0.12% | Add +4.0% | 1,365,355 | $15.2M |
| Pathstone Holdings, LLC | 0.04% | Add +65.5% | 1,349,894 | $15.1M |
| Morgan Stanley | 0.00% | Add +36.6% | 1,283,267 | $14.3M |
| Commonwealth Equity Services, LLC | 0.01% | Reduce -19.2% | 851,272 | $9.5M |
| North Ground Capital | 10.94% | Add +227.0% | 817,600 | $9.1M |
| Toronto Dominion Bank | 0.01% | Add +27.3% | 700,000 | $7.8M |
| Citadel Advisors | 0.00% | Add +114.5% | 585,015 | $6.5M |
| LPL Financial LLC | 0.00% | Reduce -7.2% | 576,794 | $6.4M |
| Almitas Capital LLC | 1.44% | Add +99.9% | 537,295 | $6.0M |
| Cambridge Investment Research Advisors, Inc. | 0.01% | Reduce -16.7% | 524,034 | $5.8M |
| Matisse Capital | 2.32% | Add +14.8% | 519,000 | $5.8M |
| Cetera Investment Advisers | 0.01% | Reduce -11.2% | 497,982 | $5.6M |
| Stifel Financial Corp. | 0.00% | Add +8.2% | 428,858 | $4.8M |
| Osaic Holdings, Inc. | 0.00% | Add +22.4% | 327,457 | $3.7M |
| Raymond James Financial Inc. | 0.00% | Add +1.6% | 317,556 | $3.5M |
| BlackRock, Inc. | 0.00% | Reduce -3.0% | 287,717 | $3.2M |
| Advisors Asset Management, Inc. | 0.05% | Add +133.1% | 267,262 | $3.0M |
| Cohen & Steers, Inc. | 0.00% | No change | 215,000 | $2.4M |
| Independent Financial Group, LLC | 0.04% | Reduce -17.7% | 212,854 | $2.4M |
| Choreo, LLC | 0.03% | Add +10.3% | 211,125 | $2.4M |
| Rockefeller Capital Management L.P. | 0.00% | Add +2758.1% | 209,499 | $2.3M |
| Clear Street Group Inc. | 0.01% | New | 179,430 | $2.0M |
| Closed-End Fund Advisors, Inc. | 1.86% | Add +30.0% | 170,332 | $1.9M |
| Noble Wealth Management PBC | 0.85% | New | 166,003 | $1.9M |
| Riverbridge Partners LLC | 0.05% | Add +0.8% | 159,597 | $1.8M |
| Kestra Advisory Services, LLC | 0.01% | Reduce -39.4% | 148,911 | $1.7M |
| Saba Capital Management, L.P. | 0.04% | New | 128,092 | $1.4M |
| COFG Advisors, LLC | 0.24% | Reduce -33.0% | 124,905 | $1.4M |
| XTX Topco Ltd | 0.02% | Add +55.2% | 115,553 | $1.3M |
| Kovack Advisors, Inc. | 0.06% | Add +54.1% | 112,241 | $1.3M |
| Certior Financial Group, LLC | 0.66% | Reduce -14.6% | 107,241 | $1.2M |
| TrueMark Investments, LLC | 0.14% | Add +47.2% | 99,075 | $1.1M |
| MML Investors Services, LLC | 0.00% | Add +14.0% | 95,878 | $1.1M |
| Ellis Investment Partners, LLC | 0.16% | Reduce -1.2% | 93,988 | $1.0M |
| West Michigan Advisors, LLC | 0.18% | Reduce -21.9% | 87,121 | $971K |
| HighTower Advisors, LLC | 0.00% | Reduce -6.0% | 83,976 | $936K |
| Prime Capital Investment Advisors, LLC | 0.01% | Reduce -14.9% | 83,901 | $935K |
| Mariner, LLC | 0.00% | Reduce -43.9% | 76,737 | $856K |
| Cerity Partners LLC | 0.00% | Add +340.6% | 76,304 | $851K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +4.2% | 74,303 | $830K |
| Harbour Investments, Inc. | 0.01% | Reduce -7.4% | 74,255 | $828K |
| OneDigital Investment Advisors LLC | 0.01% | Add +0.3% | 71,566 | $798K |
| Merit Financial Group, LLC | 0.00% | Add +81.7% | 64,598 | $720K |
| Huntleigh Advisors, Inc. | 0.10% | Reduce -13.3% | 64,207 | $716K |
| JB Capital LLC | 0.02% | Reduce -13.5% | 64,040 | $714K |
| Private Advisor Group, LLC | 0.00% | Reduce -8.0% | 62,706 | $699K |
| Bank of America Corp. | 0.00% | New | 61,459 | $685K |
| Summit Wealth Group LLC / Co. | 0.05% | Add +32.6% | 57,396 | $640K |
| Arete Wealth Advisors, LLC | 0.04% | Reduce -12.4% | 55,899 | $623K |
| Robinson Capital Management, LLC | 0.27% | No change | 53,416 | $596K |
| PFG Investments, LLC | 0.02% | Reduce -9.8% | 52,452 | $585K |
| Apollon Wealth Management, LLC | 0.01% | New | 51,194 | $571K |
| Great Valley Advisor Group, Inc. | 0.01% | Add +91.8% | 51,083 | $570K |
| Blackstone Inc. | 0.00% | Add +2.3% | 50,363 | $562K |
| Plancorp, LLC | 0.01% | Add +180.1% | 49,637 | $542K |
| Inscription Capital, LLC | 0.05% | Reduce -12.2% | 47,250 | $527K |
| Farther Finance Advisors, LLC | 0.00% | New | 45,849 | $511K |
| UBS Group AG | 0.00% | Add +68.3% | 44,674 | $498K |
| Creative Planning | 0.00% | Reduce -25.2% | 42,706 | $476K |
| Diversify Advisory Services, LLC | 0.01% | New | 42,242 | $466K |
| Diversify Wealth Management, LLC | 0.01% | Add +10.1% | 42,242 | $466K |
| J.W. Cole Advisors, Inc. | 0.01% | New | 41,706 | $465K |
| NewEdge Advisors, LLC | 0.00% | Reduce -6.3% | 39,958 | $446K |
| Summit Trail Advisors, LLC | 0.01% | New | 37,781 | $421K |
| Beacon Pointe Advisors, LLC | 0.00% | Reduce -28.0% | 37,528 | $418K |
| Maridea Wealth Management LLC | 0.04% | New | 36,856 | $411K |
| Intrua Financial, LLC | 0.04% | Reduce -30.5% | 35,689 | $398K |
| Arkadios Wealth Advisors | 0.01% | New | 33,723 | $376K |
| Lido Advisors, LLC | 0.00% | Add +13.9% | 33,322 | $372K |
| Trivium Point Advisory, LLC | 0.03% | No change | 33,202 | $370K |
| Soltis Investment Advisors LLC | 0.02% | Add +0.0% | 33,129 | $369K |
| Seven Springs Wealth Group, LLC | 0.08% | No change | 32,794 | $366K |
| IFG Advisory, LLC | 0.01% | New | 32,696 | $365K |
| &partners | 0.00% | Reduce -17.0% | 32,865 | $357K |
| CSS LLC | 0.05% | Add +17.4% | 31,700 | $353K |
| Jane Street Group, LLC | 0.00% | Reduce -64.0% | 31,266 | $349K |
| AE Wealth Management LLC | 0.00% | Add +8.7% | 30,538 | $340K |
| CX Institutional | 0.01% | Reduce -41.2% | 30,477 | $340K |
| IHT Wealth Management, LLC | 0.01% | Reduce -2.5% | 30,210 | $337K |
| Advisor Resource Council | 0.11% | No change | 29,784 | $332K |
| Foundations Investment Advisors, LLC | 0.00% | Reduce -1.2% | 29,725 | $331K |
| Alpine Global Management, LLC | 0.05% | Reduce -37.9% | 29,178 | $325K |
| Oppenheimer & Co. Inc. | 0.00% | Add +52.4% | 28,791 | $321K |
| Moneta Group Investment Advisors LLC | 0.00% | No change | 28,294 | $315K |
| Cresset Asset Management, LLC | 0.00% | Add +2.9% | 28,157 | $314K |
| Mercer Global Advisors Inc. | 0.00% | Add +1.7% | 27,907 | $311K |
| Stratos Wealth Partners, LTD. | 0.00% | Reduce -3.8% | 26,594 | $297K |
| Csenge Advisory Group | 0.01% | Add +0.3% | 25,881 | $289K |
| Financial Gravity Companies, Inc. | 0.05% | — | 25,847 | $288K |
| Dakota Wealth Management | 0.01% | Reduce -1.0% | 25,338 | $283K |
| Empower Advisory Group, LLC | 0.00% | Reduce -3.4% | 24,272 | $271K |
| EverSource Wealth Advisors, LLC | 0.01% | No change | 24,174 | $270K |
| BOS Asset Management, LLC | 0.06% | No change | 23,648 | $264K |
| Hopwood Nicholas Hunter | 0.07% | Add +0.6% | 23,537 | $262K |
| Financial Partners Group, Inc | 0.03% | Add +3.5% | 23,043 | $257K |
| Concurrent Investment Advisors, LLC | 0.00% | New | 23,034 | $257K |
| Bleakley Financial Group, LLC | 0.00% | Reduce -19.9% | 21,535 | $240K |
| Captrust Financial Advisors | 0.00% | No change | 20,555 | $229K |
| Almanack Investment Partners, LLC. | 0.03% | New | 20,121 | $224K |
| Capital Asset Advisory Services LLC | 0.01% | Reduce -26.4% | 19,800 | $221K |
| Axxcess Wealth Management, LLC | 0.00% | New | 19,800 | $221K |
| International Assets Investment Management, LLC | 0.01% | Reduce -25.5% | 19,594 | $220K |
| Modern Wealth Management, LLC | 0.00% | New | 19,216 | $214K |
| Aptus Capital Advisors, LLC | 0.00% | Reduce -15.9% | 17,861 | $199K |
| Royal Bank of Canada | 0.00% | Reduce -48.9% | 17,825 | $199K |
| Legacy Capital Group California, Inc. | 0.06% | Reduce -4.2% | 17,843 | $199K |
| K2 Principal Fund, L.P. | 0.05% | No change | 16,500 | $184K |
| WealthPlan Investment Management, LLC | 0.01% | Reduce -71.3% | 16,252 | $181K |
| Focus Partners Wealth | 0.00% | Reduce -6.7% | 16,025 | $179K |
| Clarion Wealth Managment Partners, LLC | 0.14% | No change | 15,742 | $176K |
| Advisor OS, LLC | 0.01% | Reduce -6.8% | 15,698 | $175K |
| Diversified Enterprises, LLC | 0.01% | Reduce -55.1% | 15,689 | $175K |
| Integrated Wealth Concepts LLC | 0.00% | Reduce -21.2% | 15,502 | $173K |
| Brookstone Capital Management | 0.00% | Add +12.1% | 15,212 | $170K |
| Bryn Mawr Trust Advisors, LLC | 0.01% | No change | 15,177 | $169K |
| Inspire Advisors, LLC | 0.01% | Add +7.7% | 14,673 | $164K |
| Quaker Wealth Management, LLC | 0.05% | Add +0.1% | 13,829 | $158K |
| Virtu Financial LLC | 0.01% | New | 14,208 | $158K |
| Guardian Wealth Advisors, LLC / NC | 0.01% | Reduce -8.6% | 14,098 | $157K |
| Legacy Wealth Managment, LLC | 0.06% | Reduce -17.5% | 14,034 | $156K |
| Laurel Oak Wealth Management, LLC | 0.02% | Reduce -44.8% | 14,011 | $156K |
| Western Wealth Management, LLC | 0.00% | Reduce -4.3% | 13,376 | $149K |
| Harvest Investment Services, LLC | 0.02% | Add +15.9% | 13,094 | $146K |
| Global Retirement Partners, LLC | 0.00% | — | 12,693 | $142K |
| Aviso Wealth Management | 0.05% | Add +21.5% | 12,541 | $140K |
| Post Resch Tallon Group Inc. | 0.10% | New | 12,500 | $139K |
| WealthPLAN Partners, LLC | 0.03% | Reduce -8.3% | 12,287 | $137K |
| Arista Wealth Management, LLC | 0.01% | Reduce -67.0% | 12,020 | $134K |
| NorthRock Partners, LLC | 0.00% | Reduce -12.5% | 12,007 | $134K |
| Marex Group Ltd | 0.00% | New | 11,654 | $130K |
| Caldwell Sutter Capital, Inc. | 0.05% | No change | 11,457 | $128K |
| Allworth Financial LP | 0.00% | Reduce -32.3% | 11,339 | $126K |
| Truist Financial Corp. | 0.00% | New | 10,656 | $119K |
| CreativeOne Wealth, LLC | 0.00% | New | 10,653 | $119K |
| Frederick Financial Consultants, LLC | 0.05% | No change | 10,527 | $117K |
| HRT Financial LP | 0.00% | New | 10,505 | $117K |
| Savant Capital, LLC | 0.00% | New | 10,433 | $117K |
| Freedom Day Solutions, LLC | 0.02% | New | 10,028 | $112K |
| Private Trust Co. NA | 0.01% | New | 9,428 | $105K |
| IFP Advisors, Inc | 0.00% | Reduce -71.3% | 8,880 | $99K |
| Paladin Partners, LLC | 0.06% | No change | 8,503 | $95K |
| Cassaday & Co Wealth Management LLC | 0.00% | Reduce -11.3% | 7,938 | $89K |
| Abound Wealth Management | 0.02% | Add +3.6% | 7,748 | $86K |
| Continuum Advisory, LLC | 0.01% | New | 7,595 | $85K |
| CVA Family Office, LLC | 0.01% | No change | 7,023 | $78K |
| Pin Oak Investment Advisors Inc. | 0.05% | No change | 6,140 | $68K |
| Smallwood Wealth Investment Management, LLC | 0.03% | New | 5,496 | $61K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -15.8% | 5,494 | $61K |
| CoreCap Advisors, LLC | 0.00% | New | 5,491 | $61K |
| Chilton Capital Management LLC | 0.00% | No change | 5,475 | $61K |
| Highline Wealth Partners LLC | 0.01% | New | 5,108 | $57K |
| Mosley Wealth Management | 0.02% | New | 4,429 | $49K |
| IAG Wealth Partners, LLC | 0.00% | Reduce -6.8% | 4,374 | $49K |
| Golden State Wealth Management, LLC | 0.00% | Add +1.6% | 4,255 | $47K |
| Kingdom Financial Group LLC. | 0.01% | Add +1.4% | 4,079 | $45K |
| Wells Fargo & Company | 0.00% | Reduce -60.7% | 3,753 | $42K |
| United Financial Planning Group LLC | 0.02% | New | 3,651 | $41K |
| PNC Financial Services Group, Inc. | 0.00% | Add +568.6% | 3,149 | $35K |
| HFM Investment Advisors, LLC | 0.01% | No change | 2,927 | $33K |
| Atlantic Union Bankshares Corp | 0.00% | No change | 2,887 | $32K |
| St Germain D J Co. Inc. | 0.00% | New | 2,836 | $32K |
| Tounjian Advisory Partners, LLC | 0.01% | New | 2,810 | $31K |
| Tidemark, LLC | 0.01% | No change | 2,666 | $30K |
| AdvisorNet Financial, Inc | 0.00% | New | 2,655 | $30K |
| Basepoint Wealth LLC | 0.02% | New | 2,645 | $29K |
| Main Street Group, LTD | 0.01% | No change | 2,410 | $27K |
| Northwestern Mutual Wealth Management Co. | 0.00% | No change | 2,364 | $26K |
| WPG Advisers, LLC | 0.02% | Add +25.7% | 2,307 | $26K |
| JNBA Financial Advisors | 0.00% | No change | 2,229 | $25K |
| Quent Capital, LLC | 0.00% | New | 2,026 | $23K |
| Gen-Wealth Partners Inc | 0.01% | No change | 1,984 | $22K |
| JPL Wealth Management, LLC | 0.00% | No change | 1,965 | $22K |
| PlanVest Financial, Inc | 0.01% | New | 1,926 | $21K |
| Avion Wealth | 0.00% | No change | 1,964 | $21K |
| Bernard Wealth Management Corp. | 0.01% | Add +3.6% | 1,835 | $20K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Add +48.5% | 1,818 | $20K |
| Signaturefd, LLC | 0.00% | No change | 1,665 | $19K |
| Advocate Investing Services LLC | 0.01% | No change | 1,641 | $18K |
| Raleigh Capital Management Inc. | 0.01% | Reduce -52.6% | 1,639 | $18K |
| SHP Wealth Management | 0.00% | No change | 1,634 | $18K |
| Pinnacle Wealth Planning Services, Inc. | 0.00% | Add +194.9% | 1,616 | $18K |
| Arax Advisory Partners | 0.00% | Add +1102.3% | 1,551 | $17K |
| Financial Life Planners | 0.01% | Add +3.6% | 1,518 | $17K |
| Hughes Financial Services, LLC | 0.00% | No change | 1,498 | $17K |
| HighMark Wealth Management LLC | 0.01% | Add +3.6% | 1,485 | $17K |
| PFS Partners, LLC | 0.01% | No change | 1,479 | $16K |
| Bear Mountain Capital, Inc. | 0.00% | New | 1,498 | $16K |
| Buck Wealth Strategies, LLC | 0.00% | New | 1,428 | $16K |
| Bfsg, LLC | 0.00% | No change | 1,381 | $15K |
| Parallel Advisors, LLC | 0.00% | Add +1352.7% | 1,351 | $15K |
| JFS Wealth Advisors, LLC | 0.00% | No change | 1,275 | $14K |
| Truvestments Capital LLC | 0.00% | No change | 1,275 | $14K |
| Kayne Anderson Rudnick Investment Management LLC | 0.00% | No change | 1,246 | $14K |
| LRI Investments, LLC | 0.00% | No change | 1,161 | $13K |
| Providence Capital Advisors, LLC | 0.00% | New | 1,088 | $12K |
| Larson Financial Group LLC | 0.00% | Reduce -94.3% | 1,030 | $11K |
| DecisionPoint Financial, LLC | 0.00% | No change | 940 | $11K |
| Robinswood Financial LLC | 0.00% | New | 935 | $10K |
| Mather Group, Llc. | 0.00% | No change | 930 | $10K |
| Wolff Wiese Magana LLC | 0.00% | No change | 916 | $10K |
| Blue Trust, Inc. | 0.00% | Add +211.9% | 889 | $10K |
| Smartleaf Asset Management LLC | 0.00% | No change | 773 | $9K |
| Salem Investment Counselors Inc. | 0.00% | No change | 757 | $8K |
| Meramec Financial Planners, LLC | 0.00% | No change | 758 | $8K |
| Creative Financial Designs Inc. | 0.00% | New | 719 | $8K |
| Cedar Mountain Advisors, LLC | 0.00% | New | 675 | $8K |
| MCF Advisors LLC | 0.00% | No change | 670 | $7K |
| Bare Financial Services, Inc | 0.00% | No change | 664 | $7K |
| Kozak & Associates, Inc. | 0.00% | New | 657 | $7K |
| Elevation Wealth Partners, LLC | 0.00% | Reduce -23.3% | 657 | $7K |
| Brown, Lisle/Cummings, Inc. | 0.00% | No change | 628 | $7K |
| Navigoe, LLC | 0.00% | No change | 714 | $7K |
| Bokf, NA | 0.00% | No change | 595 | $7K |
| Ameriflex Group, Inc. | 0.00% | New | 584 | $7K |
| Concord Wealth Partners | 0.00% | New | 583 | $7K |
| New England Capital Financial Advisors LLC | 0.00% | Add +3.7% | 556 | $6K |
| West Financial Advisors, LLC | 0.00% | No change | 510 | $6K |
| Evolution Wealth Management Inc. | 0.00% | No change | 499 | $6K |
| Networth Advisors, LLC | 0.00% | Add +1.2% | 496 | $6K |
| Corsicana & Co. | 0.00% | New | 488 | $5K |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 0.00% | No change | 477 | $5K |
| Fifth Third Bancorp | 0.00% | Add +18.4% | 470 | $5K |
| Napier Financial, LLC | 0.00% | No change | 465 | $5K |
| MV Capital Management, Inc. | 0.00% | New | 457 | $5K |
| Frazier Financial Advisors, LLC | 0.00% | No change | 454 | $5K |
| JPMorgan Chase & Co. | 0.00% | Reduce -2.0% | 441 | $5K |
| Cranbrook Wealth Management, LLC | 0.00% | No change | 425 | $5K |
| SWAN Capital LLC | 0.00% | Reduce -58.7% | 413 | $5K |
| UMB Bank, n.a. | 0.00% | New | 413 | $5K |
| Bogart Wealth, LLC | 0.00% | New | 399 | $4K |
| Sunrise Financial Services, LLC | 0.00% | No change | 380 | $4K |
| Key Capital Management, INC | 0.00% | Reduce -41.5% | 374 | $4K |
| Rothschild Investment LLC | 0.00% | No change | 373 | $4K |
| Lloyd Advisory Services, LLC. | 0.00% | Reduce -90.8% | 368 | $4K |
| Fourth Dimension Wealth, LLC | 0.00% | Reduce -87.7% | 352 | $4K |
| REAP Financial Group, LLC | 0.00% | Reduce -62.6% | 329 | $4K |
| Silicon Valley Capital Partners | 0.00% | No change | 315 | $4K |
| Dunhill Financial, LLC | 0.00% | New | 300 | $3K |
| Beacon Financial Strategies CORP | 0.00% | No change | 274 | $3K |
| POM Investment Strategies, LLC | 0.00% | No change | 268 | $3K |
| Godsey & Gibb, Inc. | 0.00% | No change | 252 | $3K |
| Compass Financial Management LLC | 0.00% | — | 238 | $3K |
| Strategic Advocates LLC | 0.01% | Reduce -65.8% | 238 | $3K |
| FWL Investment Management, LLC | 0.00% | New | 237 | $3K |
| Valley National Advisers Inc. | 0.00% | No change | 211 | $2K |
| Darwin Wealth Management, LLC | 0.00% | No change | 210 | $2K |
| Beacon Capital Management, Inc. | 0.00% | No change | 202 | $2K |
| Assetmark, Inc. | 0.00% | No change | 180 | $2K |
| Capital Analysts, LLC | 0.00% | Add +3.6% | 172 | $2K |
| Nova Wealth Management, Inc. | 0.00% | New | 154 | $2K |
| Allied Private Wealth LLC | 0.00% | — | 108 | $1K |
| Tower Research Capital LLC (TRC) | 0.00% | New | 46 | $513 |
"% of holder's portfolio" is FSSL's weight in each manager's 13F, not the share of FS Specialty Lending Fund the manager owns.