DoubleLine Opportunistic Credit Fund
DBL
59 hedge funds and large institutions have $82.7M invested in DoubleLine Opportunistic Credit Fund in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 27 increasing their positions, 17 reducing their positions, and 13 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 17
0.68% less ownership
Funds ownership: 37.34% → 36.66% (-0.68%)
9% less capital invested
Capital invested by funds: $90.9M → $82.7M (-$8.18M)
16% less funds holding
Funds holding: 70 → 59 (-11)
77% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.61M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$503K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$448K |
| 4 |
FSA
Fort Sheridan Advisors
Highland Park,
Illinois
|
+$350K |
| 5 |
IP
Intellectus Partners
San Francisco,
California
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LGWM
Litman Gregory Wealth Management
Larkspur,
California
|
-$2.49M |
| 2 |
FM
Family Management
New York
|
-$2.14M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$651K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$379K |
| 5 |
KCPG
Kavar Capital Partners Group
Leawood,
Kansas
|
-$336K |
DBL Hedge Fund Activity: Q3 2022 in Review
59 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q3 2022, worth a combined $82.7M — down 9% from $90.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DBL and 3 opened new positions — a net loss of 10 holders — while 17 trimmed existing stakes and 27 added.
The largest buyer was Sit Investment Associates, adding an estimated $3.61M. The largest seller was Litman Gregory Wealth Management, exiting entirely with an estimated $2.49M sold.
- 59 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q3 2022, down from 70 in Q2 2022.
- Funds reported $82.7M of DoubleLine Opportunistic Credit Fund stock for Q3 2022, down 9% quarter-over-quarter.
- 3 funds opened new DoubleLine Opportunistic Credit Fund positions in Q3 2022 and 13 closed out, a net change of -10 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q3 2022 was Sit Investment Associates, an estimated $3.61M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q3 2022 was Litman Gregory Wealth Management, an estimated $2.49M sold.
Based on aggregated 13F filings for Q3 2022.