DoubleLine Opportunistic Credit Fund
DBL
58 hedge funds and large institutions have $83.5M invested in DoubleLine Opportunistic Credit Fund in 2015 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
23% more funds holding
Funds holding: 47 → 58 (+11)
2.12% more ownership
Funds ownership: 19.8% → 21.91% (+2.1%)
4% more capital invested
Capital invested by funds: $80.2M → $83.5M (+$3.34M)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.83M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.67M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.28M |
| 5 |
Bank of New York Mellon
New York
|
+$593K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.64M |
| 2 |
AA
Apriem Advisors
Irvine,
California
|
-$1.58M |
| 3 |
Morgan Stanley
New York
|
-$1.24M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$604K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$489K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
51
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $11K | – | – | – |
|
|
BCM
52
Blume Capital Management
Berkeley,
California
| $10K | – | – | – |
|
|
PFPT
53
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
| $9K | – | – | – |
|
|
WEC
54
Winslow Evans & Crocker
Boston,
Massachusetts
| $7.46K | -$15.2K | -600 | -67% |
|
|
AC
55
Alexandria Capital
Arlington,
Virginia
| $7K | +$6.73K | +265 | New |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| $5K | -$31.5K | -1,239 | -85% |
|
|
SIG
57
Stanford Investment Group
Mountain View,
California
| $5K | – | – | – |
|
|
WA
58
WFG Advisors
Dallas,
Texas
| $2K | -$2.54K | -100 | -56% |
|
59
Stifel Financial
St. Louis,
Missouri
| – | -$294K | -11,965 | Closed |
|
|
BRWA
60
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$33 | -1,350 | Closed |
|
61
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -105 | Closed |
|
DBL Hedge Fund Activity: Q1 2015 in Review
58 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q1 2015, worth a combined $83.5M — up 4.2% from $80.2M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new DBL positions and 3 closed out — a net gain of 11 holders — while 17 added to existing stakes and 18 trimmed.
The largest buyer was Bank of America, adding an estimated $3.83M. The largest seller was Guggenheim Capital, cutting an estimated $1.64M.
- 58 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q1 2015, up from 47 in Q4 2014.
- Funds reported $83.5M of DoubleLine Opportunistic Credit Fund stock for Q1 2015, up 4.2% quarter-over-quarter.
- 14 funds opened new DoubleLine Opportunistic Credit Fund positions in Q1 2015 and 3 closed out, a net change of +11 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q1 2015 was Bank of America, an estimated $3.83M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q1 2015 was Guggenheim Capital, an estimated $1.64M sold.
Based on aggregated 13F filings for Q1 2015.