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DBL

DoubleLine Opportunistic Credit Fund

64 hedge funds and large institutions have $93.1M invested in DoubleLine Opportunistic Credit Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 28 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

155% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 11

6% more capital invested

Capital invested by funds: $87.9M → $93.1M (+$5.17M)

2.36% more ownership

Funds ownership: 22.23%24.59% (+2.4%)

6% less funds holding

Funds holding: 6864 (-4)

43% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 7

Holders
64
Holders Change
-4
Holders Change %
-5.88%
% of All Funds
1.71%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
28
Reduced
11
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$600K
Creative Planning
27
Creative Planning
Kansas
$480K
FWM
28
Focused Wealth Management
New York
$452K
PAG
29
Private Advisor Group
New Jersey
$431K +$55.6K +2,073 +14%
EFS
30
Essex Financial Services
Connecticut
$419K
SPC
31
Sigma Planning Corp
Michigan
$415K +$9.39K +350 +2%
WT
32
Whittier Trust
California
$412K
Envestnet Asset Management
33
Envestnet Asset Management
Illinois
$408K -$51.1K -1,903 -11%
VHAM
34
Van Hulzen Asset Management
California
$403K
HB
35
Homrich & Berg
Georgia
$363K +$10.7K +399 +3%
WS
36
Wedbush Securities
California
$338K -$8.69K -324 -2%
Stifel Financial
37
Stifel Financial
Missouri
$333K +$349K +13,020 New
AI
38
Atria Investments
North Carolina
$331K -$47.1K -1,754 -12%
HCM
39
Hollencrest Capital Management
California
$320K
Royal Bank of Canada
40
Royal Bank of Canada
Ontario, Canada
$307K -$2.52K -94 -0.8%
BAS
41
Brown Advisory Securities
Maryland
$300K
RJFSA
42
Raymond James Financial Services Advisors
Florida
$296K -$15.7K -584 -5%
SC
43
Scotia Capital
Ontario, Canada
$281K
SWP
44
Stratos Wealth Partners
Ohio
$270K +$282K +10,500 New
LWAC
45
Laurel Wealth Advisors (California)
California
$257K +$2.36K +88 +0.9%
Manulife (Manufacturers Life Insurance)
46
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$253K +$121K +4,515 +85%
CWM
47
Concert Wealth Management
California
$225K +$234K +8,739 New
MFS
48
MSI Financial Services
Massachusetts
$81K -$72.7K -2,711 -46%
WTC
49
WhitTier Trust Company
Nevada
$78K
AG
50
Advisor Group
Arizona
$58K

DBL Hedge Fund Activity: Q3 2016 in Review

64 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q3 2016, worth a combined $93.1M — up 5.9% from $87.9M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of DBL and 4 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 28 added.

The largest buyer was WealthSource Partners, adding an estimated $2.59M. The largest seller was Guggenheim Capital, exiting entirely with an estimated $938K sold.

  • 64 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q3 2016, down from 68 in Q2 2016.
  • Funds reported $93.1M of DoubleLine Opportunistic Credit Fund stock for Q3 2016, up 5.9% quarter-over-quarter.
  • 4 funds opened new DoubleLine Opportunistic Credit Fund positions in Q3 2016 and 7 closed out, a net change of -3 holders.
  • The largest DoubleLine Opportunistic Credit Fund buyer in Q3 2016 was WealthSource Partners, an estimated $2.59M added.
  • The largest DoubleLine Opportunistic Credit Fund seller in Q3 2016 was Guggenheim Capital, an estimated $938K sold.

Based on aggregated 13F filings for Q3 2016.