DoubleLine Opportunistic Credit Fund
DBL
62 hedge funds and large institutions have $98.6M invested in DoubleLine Opportunistic Credit Fund in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 7 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
3% more capital invested
Capital invested by funds: $95.6M → $98.6M (+$3M)
0.07% less ownership
Funds ownership: 42.71% → 42.64% (-0.07%)
5% less funds holding
Funds holding: 65 → 62 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.2M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$894K |
| 3 |
SWP
Strategic Wealth Partners
Independence,
Ohio
|
+$756K |
| 4 |
TPWM
Twelve Points Wealth Management
Concord,
Massachusetts
|
+$280K |
| 5 |
Morgan Stanley
New York
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICMP
Integrated Capital Management (Pennsylvania)
Jessup,
Pennsylvania
|
-$1.03M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$985K |
| 3 |
CRC
Catawba River Capital
Lake Wylie,
South Carolina
|
-$828K |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$755K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$181K |
DBL Hedge Fund Activity: Q2 2023 in Review
62 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q2 2023, worth a combined $98.6M — up 3.1% from $95.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DBL and 4 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 26 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.2M. The largest seller was Integrated Capital Management (Pennsylvania), cutting an estimated $1.03M.
- 62 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q2 2023, down from 65 in Q1 2023.
- Funds reported $98.6M of DoubleLine Opportunistic Credit Fund stock for Q2 2023, up 3.1% quarter-over-quarter.
- 4 funds opened new DoubleLine Opportunistic Credit Fund positions in Q2 2023 and 7 closed out, a net change of -3 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q2 2023 was Sit Investment Associates, an estimated $1.2M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q2 2023 was Integrated Capital Management (Pennsylvania), an estimated $1.03M sold.
Based on aggregated 13F filings for Q2 2023.