DoubleLine Opportunistic Credit Fund
DBL
51 hedge funds and large institutions have $80.4M invested in DoubleLine Opportunistic Credit Fund in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 30 increasing their positions, 9 reducing their positions, and 5 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 9
11% more capital invested
Capital invested by funds: $72.6M → $80.4M (+$7.79M)
1.91% more ownership
Funds ownership: 19.22% → 21.13% (+1.9%)
2% less funds holding
Funds holding: 52 → 51 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.03M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.99M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.69M |
| 4 |
HK
Horizon Kinetics
New York
|
+$1.25M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$908K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
-$2.06M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$833K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$627K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$289K |
| 5 |
ACI
Alpha Cubed Investments
Irvine,
California
|
-$232K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $1K | -$4.83K | -208 | -83% |
|
|
VHAM
52
Van Hulzen Asset Management
El Dorado Hills,
California
| – | -$2.06M | -86,900 | Closed |
|
|
53
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$289K | -12,223 | Closed |
|
|
ACI
54
Alpha Cubed Investments
Irvine,
California
| – | -$232K | -9,822 | Closed |
|
|
BRWA
55
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$8.66K | -366 | Closed |
|
|
MSTVIM
56
Messner & Smith Theme Value Investment Management
San Diego,
California
| – | -$1K | -20 | Closed |
|
DBL Hedge Fund Activity: Q3 2014 in Review
51 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q3 2014, worth a combined $80.4M — up 11% from $72.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DBL and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 30 added.
The largest buyer was Morgan Stanley, adding an estimated $2.03M. The largest seller was Van Hulzen Asset Management, exiting entirely with an estimated $2.06M sold.
- 51 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q3 2014, down from 52 in Q2 2014.
- Funds reported $80.4M of DoubleLine Opportunistic Credit Fund stock for Q3 2014, up 11% quarter-over-quarter.
- 4 funds opened new DoubleLine Opportunistic Credit Fund positions in Q3 2014 and 5 closed out, a net change of -1 holder.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q3 2014 was Morgan Stanley, an estimated $2.03M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q3 2014 was Van Hulzen Asset Management, an estimated $2.06M sold.
Based on aggregated 13F filings for Q3 2014.