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DBL

DoubleLine Opportunistic Credit Fund

68 hedge funds and large institutions have $80.2M invested in DoubleLine Opportunistic Credit Fund in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 20

2% less capital invested

Capital invested by funds: $82.2M → $80.2M (-$2.02M)

1.58% less ownership

Funds ownership: 27.27%25.69% (-1.6%)

3% less funds holding

Funds holding: 7068 (-2)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

Holders
68
Holders Change
-2
Holders Change %
-2.86%
% of All Funds
1.48%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
22
Reduced
20
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CFGS
51
Concourse Financial Group Securities
Alabama
$21K
RIA
52
RPG Investment Advisory
California
$21K
SIS
53
Sound Income Strategies
Florida
$19K +$18.6K +913 New
CFB
54
Cullen/Frost Bankers
Texas
$14K -$15.6K -764 -53%
PFGIA
55
Patriot Financial Group Insurance Agency
Massachusetts
$13K -$10.2K -500 -45%
IF
56
Ironwood Financial
Arizona
$10K
US Bancorp
57
US Bancorp
Minnesota
$10K +$10.2K +500 New
EWM
58
Executive Wealth Management
Michigan
$8K +$41 +2 +0.5%
CI
59
CX Institutional
Indiana
$6K
WT
60
Whittier Trust
California
$6K
CFA
61
Carroll Financial Associates
North Carolina
$4K
EFSCE
62
Enterprise Financial Services Corp (EFSC)
Missouri
$4K
EIP
63
Ellis Investment Partners
Pennsylvania
$4K +$4.08K +200 New
BWM
64
BerganKDV Wealth Management
Minnesota
$3K +$3.1K +152 New
TFS
65
TrustCore Financial Services
Tennessee
$2K
TJHA
66
Thomas J. Herzfeld Advisors
Florida
$1K
SFS
67
Shaker Financial Services
Virginia
-$2.71M -134,233 Closed
WAM
68
Wolverine Asset Management
Illinois
-$561K -27,816 Closed
PAS
69
Park Avenue Securities
New York
-$269K -13,352 Closed
KCPG
70
Kavar Capital Partners Group
Kansas
-$254K -12,550 Closed
SWM
71
SeaCrest Wealth Management
New York
-$45K -2,203 Closed
PFPT
72
Pinnacle Financial Partners (Tennessee)
Tennessee
-$8K -378 Closed
BFEC
73
Benjamin F. Edwards & Company
Missouri
-$6K -300 Closed
FHA
74
Flagship Harbor Advisors
Massachusetts
-$2K -141 Closed

DBL Hedge Fund Activity: Q2 2019 in Review

68 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q2 2019, worth a combined $80.2M — down 2.5% from $82.2M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of DBL and 7 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 22 added.

The largest buyer was Morgan Stanley, adding an estimated $1.15M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $2.71M sold.

  • 68 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q2 2019, down from 70 in Q1 2019.
  • Funds reported $80.2M of DoubleLine Opportunistic Credit Fund stock for Q2 2019, down 2.5% quarter-over-quarter.
  • 7 funds opened new DoubleLine Opportunistic Credit Fund positions in Q2 2019 and 8 closed out, a net change of -1 holder.
  • The largest DoubleLine Opportunistic Credit Fund buyer in Q2 2019 was Morgan Stanley, an estimated $1.15M added.
  • The largest DoubleLine Opportunistic Credit Fund seller in Q2 2019 was Shaker Financial Services, an estimated $2.71M sold.

Based on aggregated 13F filings for Q2 2019.