DoubleLine Opportunistic Credit Fund
DBL
74 hedge funds and large institutions have $114M invested in DoubleLine Opportunistic Credit Fund in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 25 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
10% more funds holding
Funds holding: 67 → 74 (+7)
1.54% more ownership
Funds ownership: 37.1% → 38.65% (+1.5%)
5% more capital invested
Capital invested by funds: $109M → $114M (+$5.17M)
8% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.76M |
| 2 |
CRC
Catawba River Capital
Lake Wylie,
South Carolina
|
+$614K |
| 3 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$587K |
| 4 |
LGWM
Litman Gregory Wealth Management
Larkspur,
California
|
+$496K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.95M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.11M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$568K |
| 4 |
FM
Family Management
New York
|
-$553K |
| 5 |
Citigroup
New York
|
-$361K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$12K | -600 | Closed |
|
DBL Hedge Fund Activity: Q1 2021 in Review
74 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q1 2021, worth a combined $114M — up 4.7% from $109M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DBL positions and 3 closed out — a net gain of 7 holders — while 23 added to existing stakes and 25 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.76M. The largest seller was Shaker Financial Services, cutting an estimated $1.95M.
- 74 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q1 2021, up from 67 in Q4 2020.
- Funds reported $114M of DoubleLine Opportunistic Credit Fund stock for Q1 2021, up 4.7% quarter-over-quarter.
- 10 funds opened new DoubleLine Opportunistic Credit Fund positions in Q1 2021 and 3 closed out, a net change of +7 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q1 2021 was Sit Investment Associates, an estimated $2.76M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q1 2021 was Shaker Financial Services, an estimated $1.95M sold.
Based on aggregated 13F filings for Q1 2021.