DoubleLine Opportunistic Credit Fund
DBL
71 hedge funds and large institutions have $72.9M invested in DoubleLine Opportunistic Credit Fund in 2017 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 27 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
4% more funds holding
Funds holding: 68 → 71 (+3)
0.47% less ownership
Funds ownership: 22.61% → 22.15% (-0.47%)
9% less capital invested
Capital invested by funds: $80.6M → $72.9M (-$7.65M)
37% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.3M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$768K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$409K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$387K |
| 5 |
KCPG
Kavar Capital Partners Group
Leawood,
Kansas
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.67M |
| 2 |
HK
Horizon Kinetics
New York
|
-$899K |
| 3 |
Morgan Stanley
New York
|
-$887K |
| 4 |
LPL Financial
San Diego,
California
|
-$376K |
| 5 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
-$370K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJFSA
76
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$216K | -8,974 | Closed |
|
|
PCM
77
Penserra Capital Management
Orinda,
California
| – | -$4K | -192 | Closed |
|
|
GBBWRPM
78
Genovese Burford & Brothers Wealth & Retirement Plan Management
Sacramento,
California
| – | -$2K | -112 | Closed |
|
|
WEC
79
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$2.4K | -100 | Closed |
|
80
SEI Investments
Oaks,
Pennsylvania
| – | -$1K | -27 | Closed |
|
DBL Hedge Fund Activity: Q4 2017 in Review
71 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q4 2017, worth a combined $72.9M — down 9.5% from $80.6M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DBL positions and 9 closed out — a net gain of 4 holders — while 17 added to existing stakes and 27 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $2.3M. The largest seller was UBS Group, cutting an estimated $1.67M.
- 71 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q4 2017, up from 68 in Q3 2017.
- Funds reported $72.9M of DoubleLine Opportunistic Credit Fund stock for Q4 2017, down 9.5% quarter-over-quarter.
- 13 funds opened new DoubleLine Opportunistic Credit Fund positions in Q4 2017 and 9 closed out, a net change of +4 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q4 2017 was Sit Investment Associates, an estimated $2.3M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q4 2017 was UBS Group, an estimated $1.67M sold.
Based on aggregated 13F filings for Q4 2017.