DoubleLine Opportunistic Credit Fund
DBL
65 hedge funds and large institutions have $95.6M invested in DoubleLine Opportunistic Credit Fund in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
5% more funds holding
Funds holding: 62 → 65 (+3)
1.16% more ownership
Funds ownership: 41.54% → 42.71% (+1.2%)
1% less capital invested
Capital invested by funds: $96.3M → $95.6M (-$653K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.61M |
| 3 |
ICMP
Integrated Capital Management (Pennsylvania)
Jessup,
Pennsylvania
|
+$1.07M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.04M |
| 5 |
TPWM
Twelve Points Wealth Management
Concord,
Massachusetts
|
+$629K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Catawba River Capital
Lake Wylie,
South Carolina
|
-$1.6M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$523K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$288K |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$134K |
| 5 |
BHWA
Beacon Harbor Wealth Advisors
Virginia Beach,
Virginia
|
-$119K |
DBL Hedge Fund Activity: Q1 2023 in Review
65 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q1 2023, worth a combined $95.6M — down 0.68% from $96.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DBL positions and 4 closed out — a net gain of 4 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2M. The largest seller was Catawba River Capital, cutting an estimated $1.6M.
- 65 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q1 2023, up from 62 in Q4 2022.
- Funds reported $95.6M of DoubleLine Opportunistic Credit Fund stock for Q1 2023, down 0.68% quarter-over-quarter.
- 8 funds opened new DoubleLine Opportunistic Credit Fund positions in Q1 2023 and 4 closed out, a net change of +4 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q1 2023 was Morgan Stanley, an estimated $2M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q1 2023 was Catawba River Capital, an estimated $1.6M sold.
Based on aggregated 13F filings for Q1 2023.