DoubleLine Opportunistic Credit Fund
DBL
64 hedge funds and large institutions have $90.6M invested in DoubleLine Opportunistic Credit Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 8 closing their positions.
20% more capital invested
Capital invested by funds: $75.5M → $90.6M (+$15.1M)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
3% less funds holding
Funds holding: 66 → 64 (-2)
9.77% less ownership
Funds ownership: 41.76% → 31.98% (-9.8%)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$12.6M |
| 2 |
SAM
Secure Asset Management
Troy,
Michigan
|
+$986K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$909K |
| 4 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$572K |
| 5 |
PAS
Park Avenue Securities
New York
|
+$569K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$33.6M |
| 2 |
Morgan Stanley
New York
|
-$5.72M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.47M |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$482K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$469K |
DBL Hedge Fund Activity: Q2 2020 in Review
64 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q2 2020, worth a combined $90.6M — up 20% from $75.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DBL and 7 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 19 added.
The largest buyer was Sit Investment Associates, adding an estimated $12.6M. The largest seller was Osaic Holdings, cutting an estimated $33.6M.
- 64 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q2 2020, down from 66 in Q1 2020.
- Funds reported $90.6M of DoubleLine Opportunistic Credit Fund stock for Q2 2020, up 20% quarter-over-quarter.
- 7 funds opened new DoubleLine Opportunistic Credit Fund positions in Q2 2020 and 8 closed out, a net change of -1 holder.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q2 2020 was Sit Investment Associates, an estimated $12.6M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q2 2020 was Osaic Holdings, an estimated $33.6M sold.
Based on aggregated 13F filings for Q2 2020.