Blue Owl Technology Finance (OTF)
Lends to and invests in U.S. technology-related businesses through Blue Owl’s Credit platform.
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Makes loans and debt and equity investments primarily in U.S. technology-related businesses, focusing on enterprise software. Its BDC structure is externally managed through Blue Owl’s Credit platform, with debt investments supplying recurring income and equity-linked positions adding potential capital appreciation.
Originates loans and makes debt and equity investments in U.S. technology-related companies, with an emphasis on large, established enterprise-software businesses.
The portfolio can include senior secured and unsecured loans, subordinated or mezzanine loans, and equity-related instruments such as common equity, warrants and preferred stock. Income-producing debt investments supply the principal recurring economics, while equity and equity-linked positions can provide potential capital appreciation.
Elected BDC status under the Investment Company Act and external management by Blue Owl Technology Credit Advisors LLC shape the vehicle. Its mandate directs most asset value to technology-related companies, while Blue Owl’s Credit platform and investment committees provide the investment-advisory function.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| May 19, 2026 | Truist Financial | Target | Target: $16 | Target: $15 |
| May 18, 2026 | RBC Capital | Reiterate | Rating: —Target: $15 | Target: $12 |
| Feb 23, 2026 | Truist Financial | Target | Target: — | Target: $16 |
| Dec 8, 2025 | JMP Securities | Target | Target: — | Target: $17 |
| Dec 5, 2025 | RBC Capital | Target | Target: — | Target: $15 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $3.2M · Total debt $7.16B · Total assets $15.05B · Shareholders' equity $7.54B
- Revenue
- $321.7M
- Operating income
- $258.7M
- Net income
- $154.2M
HistoryDividendAnnual yieldUpcoming
| Institutions | ≈ 42.46% | 194.57M shares | |
|---|---|---|---|
| 192 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 0.04% | 191.5K shares | |
| 4 holders · as of Aug 31, 2026 | |||
| Other | ≈ 57.50% | 263.43M shares | |
| remainder | |||
458.19M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Regents of the University of CaliforniaInstitution | 9.52% | 43.62M | as of Jun 30, 2026 |
Mubadala Investment Co PJSCInstitution | 6.50% | 29.79M | as of Jun 30, 2026 |
Orange County Employees Retirement SystemInstitution | 4.43% | 20.30M | as of Jun 30, 2026 |
Cresset Asset Management, LLCInstitution | 2.61% | 11.96M | as of Jun 30, 2026 |
State of New Jersey Common Pension Fund EInstitution | 1.37% | 6.27M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 28, 2026 | Eric A. Kaye | director | +1,000 | $11.37 |
| May 22, 2026 | Chris Temple | director | +7,000 | $10.71 |
| May 13, 2026 | Melissa Weiler | director | +10,000 | $10.90 |
| May 11, 2026 | Eric A. Kaye | director | +1,000 | $10.74 |
| Feb 25, 2026 | Eric A. Kaye | director | +1,000 | $11.44 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Blue Owl Technology Finance | $10.42 | −0.71% | $4.85B | 8.1 | 7.9 | 3.5 | +14.6% |
| Hercules Capital | $17.12 | −0.61% | $3.22B | 8.7 | 8.8 | 5.6 | +86.7% |
| Ares Capital | $19.26 | −0.51% | $13.90B | 14.3 | 10.0 | 6.0 | +32.6% |
| Blackstone Secured Lending Fund | $24.75 | +0.10% | $5.75B | 19.5 | 9.4 | 5.4 | +25.9% |
| Golub Capital BDC | $12.51 | −0.17% | $3.26B | 22.8 | 9.7 | 4.6 | −14.2% |
| Sixth Street Specialty Lending | $18.25 | −0.54% | $1.74B | 19.3 | 10.2 | 5.1 | −13.0% |
| Median | 19.3 | 9.7 | 5.4 | +25.9% |