DoubleLine Opportunistic Credit Fund
DBL
62 hedge funds and large institutions have $121M invested in DoubleLine Opportunistic Credit Fund in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 32 increasing their positions, 12 reducing their positions, and 6 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 12
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0% more funds holding
Funds holding: 62 → 62 (0)
6.99% less ownership
Funds ownership: 53.13% → 46.14% (-7%)
10% less capital invested
Capital invested by funds: $134M → $121M (-$13M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.34M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$671K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$624K |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$559K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
+$533K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.3M |
| 2 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
-$1.83M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.47M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$257K |
| 5 |
FM
Family Management
New York
|
-$220K |
DBL Hedge Fund Activity: Q1 2024 in Review
62 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q1 2024, worth a combined $121M — down 9.7% from $134M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DBL positions and 6 closed out — a net gain of 1 holder — while 32 added to existing stakes and 12 trimmed.
The largest buyer was Janney Montgomery Scott, adding an estimated $2.34M. The largest seller was Morgan Stanley, cutting an estimated $16.3M.
- 62 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $121M of DoubleLine Opportunistic Credit Fund stock for Q1 2024, down 9.7% quarter-over-quarter.
- 7 funds opened new DoubleLine Opportunistic Credit Fund positions in Q1 2024 and 6 closed out, a net change of +1 holder.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q1 2024 was Janney Montgomery Scott, an estimated $2.34M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q1 2024 was Morgan Stanley, an estimated $16.3M sold.
Based on aggregated 13F filings for Q1 2024.