Blue Owl Capital (NYSE:OWL) Shares Rise as $380 Million Fee Stream May Offset Dividend Shortfall

Blue Owl Capital Inc. shares tumbled Tuesday, dragging the alternative asset manager close to its 52-week lows. A new filing from one of the company’s big managed credit funds hit as investors sifted through updated portfolio numbers in the middle of the market slump.

Blue Owl Capital Inc. shares surged Thursday. The stock was lifted as asset managers tied to private credit bounced back. Investors saw Blackstone’s recent withdrawal cap as not as bad as some thought.

Blue Owl Capital Inc. jumped almost 5% Thursday, leading the gains in an otherwise mildly higher day on Wall Street. Investors came back to the beaten-down alternative-asset stock, which has been facing private-credit concerns. Blue Owl traded as high as $10.23 and was last up 48.5 cents at $10.20. About 32 million shares changed hands.

Brown University slashed its holdings in Blue Owl Capital Corp by roughly 53%, trimming exposure to the alternative asset manager’s largest listed private-credit vehicle as worries persist about Blue Owl Capital Inc. According to a regulatory filing, the school’s endowment held 1.5 million OBDC shares as of March 31, a drop from 3.2 million at the end of 2025. Brown left about 2.6 million shares with Blue Owl’s management company.

Blue Owl Capital is capping quarterly withdrawals at 5% for its two main retail private credit funds, after investors sought to pull out 40.7% of shares from Blue Owl Technology Income Corp. and 21.9% from Blue Owl Credit Income Corp., according to early shareholder updates. OCIC—among the sector’s largest funds—manages roughly $36 billion in assets.

Shares of Blue Owl Capital edged lower Thursday, losing roughly 0.7% to $9.05 by midday in New York. Earlier, the stock reached $9.14. Bank of America said the recent anxiety over private-credit managers overshoots the actual risks.

Blue Owl Capital climbed roughly 2.2% to $8.80 during late-morning trading in New York on Friday. Shares of Ares advanced 4.6%, while Blackstone tacked on 4.1%. The moves signaled fresh momentum for alternative-asset managers.

Blue Owl Capital Inc. shares lost more ground Thursday, slipping about 1% to $8.94 after dipping as low as $8.54 earlier. Renewed scrutiny over private-credit loan valuations weighed on the stock, a frequent target given its exposure. Pressure intensified after a Financial Times report, referenced by Reuters, said Glendon Capital Management disputed valuations within one of Blue Owl’s largest funds.

Blue Owl Capital Corp II’s move to tweak its redemption policy was prompted by liquidity requirements, not by any deterioration in credit, according to Moody’s and S&P Global Ratings, cited by Alternative Credit Investor. Marc Pinto, who oversees private credit globally at Moody’s, noted, “Funds will need to hold a larger proportion of more liquid and lower-yielding investments.” Shares of Blue Owl Capital Inc slid 1.2% to end Thursday at $11.22.

Blue Owl Capital Inc shares ticked up 0.7% to $10.80 in premarket action Wednesday, drawing attention even after Deutsche Bank downgraded the alternative-asset manager. The move came as private-credit stocks continued to face pressure.

Blue Owl Capital Inc shares slipped 4.2% in premarket action on Tuesday after Deutsche Bank dropped its rating to Hold from Buy and slashed its price target to $10—a Street low—from $15, flagging a more challenging environment for net flows into retail private-credit offerings. Shares were last seen at $10.44, down 3.3% from the previous close.

Blue Owl Capital Inc lost about 0.4% before the bell Monday, trading around $10.77 after ending Friday at $10.81. The stock had already tumbled 6.7% in the last session.