DoubleLine Opportunistic Credit Fund
DBL
69 hedge funds and large institutions have $85.9M invested in DoubleLine Opportunistic Credit Fund in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
8% more funds holding
Funds holding: 64 → 69 (+5)
5% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 21
0.56% more ownership
Funds ownership: 24.59% → 25.15% (+0.56%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less capital invested
Capital invested by funds: $93.1M → $85.9M (-$7.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Apriem Advisors
Irvine,
California
|
+$4.15M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$3.3M |
| 3 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
+$2.96M |
| 4 |
Morgan Stanley
New York
|
+$2.91M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$6.34M |
| 2 |
WP
WealthSource Partners
San Luis Obispo,
California
|
-$4.99M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$2.12M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.26M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SEI Investments
Oaks,
Pennsylvania
| – | -$26K | -1,000 | Closed |
|
77
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$21K | -821 | Closed |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| – | -$15K | -600 | Closed |
|
|
PFPT
79
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
| – | -$10K | -378 | Closed |
|
|
WA
80
WFG Advisors
Dallas,
Texas
| – | -$2K | -80 | Closed |
|
DBL Hedge Fund Activity: Q4 2016 in Review
69 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q4 2016, worth a combined $85.9M — down 7.7% from $93.1M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new DBL positions and 11 closed out — a net gain of 6 holders — while 22 added to existing stakes and 21 trimmed.
The largest buyer was Apriem Advisors, adding an estimated $4.15M. The largest seller was Bank of America, cutting an estimated $6.34M.
- 69 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q4 2016, up from 64 in Q3 2016.
- Funds reported $85.9M of DoubleLine Opportunistic Credit Fund stock for Q4 2016, down 7.7% quarter-over-quarter.
- 17 funds opened new DoubleLine Opportunistic Credit Fund positions in Q4 2016 and 11 closed out, a net change of +6 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q4 2016 was Apriem Advisors, an estimated $4.15M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q4 2016 was Bank of America, an estimated $6.34M sold.
Based on aggregated 13F filings for Q4 2016.