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DBL

DoubleLine Opportunistic Credit Fund

45 hedge funds and large institutions have $69.3M invested in DoubleLine Opportunistic Credit Fund in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

900% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 1

22% more funds holding

Funds holding: 3745 (+8)

14% more capital invested

Capital invested by funds: $60.6M → $69.3M (+$8.66M)

13% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 15

2.98% more ownership

Funds ownership: 15.89%18.87% (+3%)

Holders
45
Holders Change
+8
Holders Change %
+21.62%
% of All Funds
1.31%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
17
Reduced
15
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SFS
26
Shaker Financial Services
Virginia
$427K +$437K +19,117 New
MFS
27
MSI Financial Services
Massachusetts
$424K -$247K -10,792 -36%
CWM
28
Cabot Wealth Management
Massachusetts
$414K +$424K +18,570 New
BNP Paribas Financial Markets
29
BNP Paribas Financial Markets
France
$340K +$140K +6,134 +67%
PAG
30
Private Advisor Group
New Jersey
$329K +$337K +14,726 New
Commonwealth Equity Services
31
Commonwealth Equity Services
Massachusetts
$318K -$315K -13,795 -49%
KFS
32
KMS Financial Services
Washington
$297K -$74.4K -3,254 -20%
Bank of Montreal
33
Bank of Montreal
Ontario, Canada
$251K +$63.4K +2,775 +33%
Janney Montgomery Scott
34
Janney Montgomery Scott
Pennsylvania
$244K -$111K -4,875 -31%
JIC
35
Joel Isaacson & Co
New York
$241K -$86K -3,763 -26%
VKH
36
Virtu KCG Holdings
New York
$212K +$217K +9,480 New
FWM
37
Focused Wealth Management
New York
$163K +$59.6K +2,608 +56%
CAPTRUST Financial Advisors
38
CAPTRUST Financial Advisors
North Carolina
$141K +$51.3K +2,247 +55%
LTFS
39
Ladenburg Thalmann Financial Services
Florida
$60K +$59.4K +2,600 +2,600%
Fifth Third Bancorp
40
Fifth Third Bancorp
Ohio
$45K
Citigroup
41
Citigroup
New York
$44K -$21K -920 -32%
BCM
42
Blume Capital Management
California
$26K +$26.5K +1,158 New
US Bancorp
43
US Bancorp
Minnesota
$14K
MIM
44
Macroview Investment Management
Maryland
$13K
WEC
45
Winslow Evans & Crocker
Massachusetts
$2K +$2.29K +100 New
TRCT
46
Tower Research Capital (TRC)
New York
-$7K -300 Closed

DBL Hedge Fund Activity: Q4 2013 in Review

45 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q4 2013, worth a combined $69.3M — up 14% from $60.6M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new DBL positions and 1 closed out — a net gain of 9 holders — while 17 added to existing stakes and 15 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $7.08M. The largest seller was UBS, cutting an estimated $3.85M.

  • 45 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q4 2013, up from 37 in Q3 2013.
  • Funds reported $69.3M of DoubleLine Opportunistic Credit Fund stock for Q4 2013, up 14% quarter-over-quarter.
  • 10 funds opened new DoubleLine Opportunistic Credit Fund positions in Q4 2013 and 1 closed out, a net change of +9 holders.
  • The largest DoubleLine Opportunistic Credit Fund buyer in Q4 2013 was Guggenheim Capital, an estimated $7.08M added.
  • The largest DoubleLine Opportunistic Credit Fund seller in Q4 2013 was UBS, an estimated $3.85M sold.

Based on aggregated 13F filings for Q4 2013.