DoubleLine Opportunistic Credit Fund
DBL
47 hedge funds and large institutions have $80.2M invested in DoubleLine Opportunistic Credit Fund in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 10 closing their positions.
0% less capital invested
Capital invested by funds: $80.4M → $80.2M (-$235K)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
1.33% less ownership
Funds ownership: 21.13% → 19.8% (-1.3%)
8% less funds holding
Funds holding: 51 → 47 (-4)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$1.59M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$772K |
| 3 |
LPL Financial
San Diego,
California
|
+$598K |
| 4 |
SIA
SeaBridge Investment Advisors
Summit,
New Jersey
|
+$547K |
| 5 |
LWM
LBA Wealth Management
Jacksonville,
Florida
|
+$522K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.27M |
| 2 |
SCM
Summit Capital Management
Seattle,
Washington
|
-$1.33M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.06M |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
-$537K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$478K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UR
51
USCA RIA
Houston,
Texas
| – | -$324K | -13,726 | Closed |
|
52
Barclays
London,
United Kingdom
| – | -$244K | -10,602 | Closed |
|
|
VKH
53
Virtu KCG Holdings
New York
| – | -$229K | -9,721 | Closed |
|
|
MMA
54
Miracle Mile Advisors
Los Angeles,
California
| – | -$203K | -8,600 | Closed |
|
|
PSI
55
Pinnacle Summer Investments
Fairfax,
Virginia
| – | -$149K | -6,300 | Closed |
|
56
Ameriprise
Minneapolis,
Minnesota
| – | -$73K | -3,110 | Closed |
|
|
MIM
57
Macroview Investment Management
Bethesda,
Maryland
| – | -$4K | -175 | Closed |
|
58
Citigroup
New York
| – | -$1K | -42 | Closed |
|
DBL Hedge Fund Activity: Q4 2014 in Review
47 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q4 2014, worth a combined $80.2M — down 0.29% from $80.4M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DBL and 8 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 15 added.
The largest buyer was Horizon Kinetics, adding an estimated $1.59M. The largest seller was Morgan Stanley, cutting an estimated $4.27M.
- 47 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q4 2014, down from 51 in Q3 2014.
- Funds reported $80.2M of DoubleLine Opportunistic Credit Fund stock for Q4 2014, down 0.29% quarter-over-quarter.
- 8 funds opened new DoubleLine Opportunistic Credit Fund positions in Q4 2014 and 10 closed out, a net change of -2 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q4 2014 was Horizon Kinetics, an estimated $1.59M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q4 2014 was Morgan Stanley, an estimated $4.27M sold.
Based on aggregated 13F filings for Q4 2014.