Who owns MSC Income Fund (MSIF)
Which tracked institutional funds hold MSIF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MSIF company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
20 tracked funds added or opened MSIF while 14 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
MSIF’s largest tracked holder by dollar value, SANDERS MORRIS HARRIS LLC, sizes it at 15.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 15.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in MSIF divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 161 tracked filers holding MSIF, 73 increased or opened the position and 87 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in MSIF between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 4
- J.W. COLE ADVISORS, INC.$2M
- INTRINSIC EDGE CAPITAL MANAGEMENT LLC$2M
- Arax Advisory Partners$1M
- RFG Advisory, LLC$656K
Full exits 4
- Cambridge Investment Research Advisors, Inc.$3M
- CENTAURUS FINANCIAL, INC.$3M
- U.S. Capital Wealth Advisors, LLC$1M
- CWM, LLC$1M
Largest adds
- ARES MANAGEMENT LLC$5M
- SANDERS MORRIS HARRIS LLC$4M
- MARSHALL WACE, LLP$3M
- VAN ECK ASSOCIATES CORP$2M
- UBS Group AG$2M
- Qube Research & Technologies Ltd$2M
Largest trims
- TWO SIGMA INVESTMENTS, LP$5M
- Legacy Wealth Managment, LLC/ID$851K
- Cetera Investment Advisers$801K
- Alpine Global Management, LLC$746K
- MILLENNIUM MANAGEMENT LLC$742K
- Sigma Planning Corp$415K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| SANDERS MORRIS HARRIS LLC added | 2,263,426 | $26M | 16.2% | 2026-Q2 |
| ARES MANAGEMENT LLC added | 1,267,910 | $15M | 9.1% | 2026-Q2 |
| UBS Group AG added | 1,006,541 | $12M | 7.2% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP added | 915,670 | $11M | 6.6% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 783,888 | $9M | 5.6% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 779,528 | $9M | 5.6% | 2026-Q2 |
| North Ground Capital added | 537,600 | $6M | 3.8% | 2026-Q2 |
| LPL Financial LLC trimmed | 444,595 | $5M | 3.2% | 2026-Q2 |
| MARSHALL WACE, LLP added | 318,804 | $4M | 2.3% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 258,741 | $3M | 1.9% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 223,256 | $3M | 1.6% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 211,898 | $2M | 1.5% | 2026-Q2 |
| FJ Capital Management LLC added | 206,254 | $2M | 1.5% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. added | 202,156 | $2M | 1.4% | 2026-Q2 |
| Clayton Partners LLC added | 200,000 | $2M | 1.4% | 2026-Q2 |
| Sigma Planning Corp trimmed | 182,577 | $2M | 1.3% | 2026-Q2 |
| BlackRock, Inc. trimmed | 174,876 | $2M | 1.3% | 2026-Q2 |
| Alpine Global Management, LLC trimmed | 152,492 | $2M | 1.1% | 2026-Q2 |
| BARCLAYS PLC added | 142,933 | $2M | 1.0% | 2026-Q2 |
| MORGAN STANLEY added | 134,600 | $2M | 1.0% | 2026-Q2 |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC new | 130,000 | $2M | 0.9% | 2026-Q2 |
| RIVERBRIDGE PARTNERS LLC added | 114,945 | $1M | 0.8% | 2026-Q2 |
| AVISO WEALTH MANAGEMENT added | 114,250 | $1M | 0.8% | 2026-Q2 |
| Atom Investors LP added | 112,619 | $1M | 0.8% | 2026-Q2 |
| Arax Advisory Partners new | 106,794 | $1M | 0.8% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC trimmed | 106,159 | $1M | 0.8% | 2026-Q2 |
| Diversify Advisory Services, LLC added | 106,159 | $1M | 0.8% | 2026-Q2 |
| Rockport Wealth LLC trimmed | 97,151 | $1M | 0.7% | 2026-Q2 |
| Arkadios Wealth Advisors trimmed | 95,647 | $1M | 0.7% | 2026-Q2 |
| Merit Financial Group, LLC trimmed | 90,722 | $1M | 0.6% | 2026-Q2 |
| Garrett Wealth Advisory Group, LLC added | 90,038 | $1M | 0.6% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 89,913 | $1M | 0.6% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 81,941 | $948K | 0.6% | 2026-Q2 |
| Magnetar Financial LLC trimmed | 81,253 | $940K | 0.6% | 2026-Q2 |
| XTX Topco Ltd added | 77,877 | $901K | 0.6% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 75,281 | $871K | 0.5% | 2026-Q2 |
| Legacy Wealth Managment, LLC/ID trimmed | 71,950 | $832K | 0.5% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 68,599 | $794K | 0.5% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 57,511 | $665K | 0.4% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 57,101 | $661K | 0.4% | 2026-Q2 |
| RFG Advisory, LLC new | 56,664 | $656K | 0.4% | 2026-Q2 |
| BOS Asset Management, LLC | 55,290 | $640K | 0.4% | 2026-Q2 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 54,422 | $630K | 0.4% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 53,836 | $623K | 0.4% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 49,405 | $572K | 0.4% | 2026-Q2 |
| MERIDIAN INVESTMENT COUNSEL INC. added | 47,950 | $555K | 0.3% | 2026-Q2 |
| Prospera Financial Services Inc added | 47,824 | $553K | 0.3% | 2026-Q2 |
| Wealthcare Advisory Partners LLC trimmed | 46,402 | $537K | 0.3% | 2026-Q2 |
| Joel Isaacson & Co., LLC added | 46,174 | $534K | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 42,946 | $497K | 0.3% | 2026-Q2 |
| Beacon Financial Advisory LLC added | 41,917 | $485K | 0.3% | 2026-Q2 |
| Brevan Howard Capital Management LP added | 41,700 | $482K | 0.3% | 2026-Q2 |
| Triumph Capital Management trimmed | 40,773 | $472K | 0.3% | 2026-Q2 |
| CoreCap Advisors, LLC trimmed | 40,381 | $467K | 0.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 39,937 | $462K | 0.3% | 2026-Q2 |
| First Financial Bankshares Inc | 38,435 | $445K | 0.3% | 2026-Q2 |
| Perigon Wealth Management, LLC trimmed | 36,460 | $422K | 0.3% | 2026-Q2 |
| Creative Planning trimmed | 34,450 | $399K | 0.2% | 2026-Q2 |
| Simplicity Wealth,LLC added | 34,048 | $394K | 0.2% | 2026-Q2 |
| VARCOV Co. added | 33,753 | $391K | 0.2% | 2026-Q2 |
| Virtus Investment Advisers, LLC trimmed | 33,217 | $384K | 0.2% | 2026-Q2 |
| Advisory Alpha, LLC | 31,992 | $370K | 0.2% | 2026-Q2 |
| WCG Wealth Advisors LLC added | 31,801 | $368K | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 31,648 | $366K | 0.2% | 2026-Q2 |
| TCFG Investment Advisors, LLC trimmed | 31,281 | $363K | 0.2% | 2026-Q2 |
| Quaker Wealth Management, LLC | 29,849 | $345K | 0.2% | 2026-Q2 |
| Y-Intercept (Hong Kong) Ltd trimmed | 28,496 | $330K | 0.2% | 2026-Q2 |
| Strategic Financial Partners, Ltd. trimmed | 28,320 | $328K | 0.2% | 2026-Q2 |
| Shepherd Financial Partners LLC | 28,187 | $326K | 0.2% | 2026-Q2 |
| Mariner, LLC trimmed | 28,182 | $326K | 0.2% | 2026-Q2 |
| Allworth Financial LP trimmed | 27,403 | $317K | 0.2% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC trimmed | 26,699 | $309K | 0.2% | 2026-Q2 |
| EAGLE GLOBAL ADVISORS LLC new | 26,345 | $305K | 0.2% | 2026-Q2 |
| Summit Financial, LLC | 25,196 | $292K | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 24,973 | $289K | 0.2% | 2026-Q2 |
| Intrua Financial, LLC added | 24,047 | $278K | 0.2% | 2026-Q2 |
| Fisher Asset Management, LLC new | 23,632 | $273K | 0.2% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 22,724 | $263K | 0.2% | 2026-Q2 |
| Independent Solutions Wealth Management, LLC new | 20,939 | $242K | 0.1% | 2026-Q2 |
| Global Assets Advisory, LLC added | 20,437 | $242K | 0.1% | 2026-Q2 |
| Harvest Investment Services, LLC | 19,570 | $226K | 0.1% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP new | 18,424 | $213K | 0.1% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 17,468 | $202K | 0.1% | 2026-Q2 |
| Princeton Global Asset Management LLC | 17,121 | $198K | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 16,866 | $195K | 0.1% | 2026-Q2 |
| Savvy Advisors, Inc. new | 16,479 | $191K | 0.1% | 2026-Q2 |
| IHT Wealth Management, LLC trimmed | 16,185 | $187K | 0.1% | 2026-Q2 |
| Brookstone Capital Management trimmed | 15,888 | $184K | 0.1% | 2026-Q2 |
| SageView Advisory Group, LLC trimmed | 15,885 | $187K | 0.1% | 2026-Q2 |
| CHILDRESS CAPITAL ADVISORS, LLC | 15,679 | $181K | 0.1% | 2026-Q2 |
| Focus Partners Wealth trimmed | 15,412 | $178K | 0.1% | 2026-Q2 |
| Tactive Advisors, LLC new | 15,240 | $176K | 0.1% | 2026-Q2 |
| BostonPremier Wealth LLC added | 15,033 | $174K | 0.1% | 2026-Q2 |
| PFG Investments, LLC | 14,846 | $172K | 0.1% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC new | 14,746 | $171K | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 14,689 | $170K | 0.1% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC trimmed | 14,626 | $169K | 0.1% | 2026-Q2 |
| Carmel Capital Partners, LLC trimmed | 14,452 | $167K | 0.1% | 2026-Q2 |
| True Freedom Investing, LLC | 14,073 | $171K | 0.1% | 2026-Q2 |
| PINKERTON WEALTH, LLC new | 14,073 | $171K | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.