DoubleLine Opportunistic Credit Fund
DBL
65 hedge funds and large institutions have $74.6M invested in DoubleLine Opportunistic Credit Fund in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 24 reducing their positions, and 13 closing their positions.
1.08% more ownership
Funds ownership: 22.15% → 23.23% (+1.1%)
2% more capital invested
Capital invested by funds: $72.9M → $74.6M (+$1.67M)
4% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 24
8% less funds holding
Funds holding: 71 → 65 (-6)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.09M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$2.19M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.55M |
| 5 |
LPL Financial
San Diego,
California
|
+$946K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.84M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.58M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$697K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$645K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$591K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPI
76
Santori & Peters Inc
Canonsburg,
Pennsylvania
| – | -$13K | -632 | Closed |
|
|
FDCDDQ
77
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$10.7K | -480 | Closed |
|
78
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -138 | Closed |
|
DBL Hedge Fund Activity: Q1 2018 in Review
65 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q1 2018, worth a combined $74.6M — up 2.3% from $72.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DBL and 7 opened new positions — a net loss of 6 holders — while 24 trimmed existing stakes and 23 added.
The largest buyer was Sit Investment Associates, adding an estimated $6.09M. The largest seller was Morgan Stanley, cutting an estimated $1.84M.
- 65 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q1 2018, down from 71 in Q4 2017.
- Funds reported $74.6M of DoubleLine Opportunistic Credit Fund stock for Q1 2018, up 2.3% quarter-over-quarter.
- 7 funds opened new DoubleLine Opportunistic Credit Fund positions in Q1 2018 and 13 closed out, a net change of -6 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q1 2018 was Sit Investment Associates, an estimated $6.09M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q1 2018 was Morgan Stanley, an estimated $1.84M sold.
Based on aggregated 13F filings for Q1 2018.