DoubleLine Opportunistic Credit Fund
DBL
73 hedge funds and large institutions have $112M invested in DoubleLine Opportunistic Credit Fund in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 31 increasing their positions, 22 reducing their positions, and 5 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 22
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
2% less capital invested
Capital invested by funds: $114M → $112M (-$2.24M)
1% less funds holding
Funds holding: 74 → 73 (-1)
1.36% less ownership
Funds ownership: 38.65% → 37.29% (-1.4%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$864K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$516K |
| 3 |
Goldman Sachs
New York
|
+$449K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$239K |
| 5 |
MWPCG
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LGWM
Litman Gregory Wealth Management
Larkspur,
California
|
-$1.8M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.55M |
| 3 |
Morgan Stanley
New York
|
-$853K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$781K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$470K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
76
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$3K | -150 | Closed |
|
77
Fidelity Investments
Boston,
Massachusetts
| – | +$20 | +1 | New |
|
DBL Hedge Fund Activity: Q2 2021 in Review
73 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q2 2021, worth a combined $112M — down 2% from $114M a quarter earlier.
Fund positioning in DBL was balanced in Q2 2021: 5 funds opened new positions, 5 closed out, 31 added to existing stakes and 22 trimmed.
The largest buyer was Aviance Capital Partners, adding an estimated $864K. The largest seller was Litman Gregory Wealth Management, cutting an estimated $1.8M.
- 73 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q2 2021, down from 74 in Q1 2021.
- Funds reported $112M of DoubleLine Opportunistic Credit Fund stock for Q2 2021, down 2% quarter-over-quarter.
- 5 funds opened new DoubleLine Opportunistic Credit Fund positions in Q2 2021 and 5 closed out, a net change of 0 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q2 2021 was Aviance Capital Partners, an estimated $864K added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q2 2021 was Litman Gregory Wealth Management, an estimated $1.8M sold.
Based on aggregated 13F filings for Q2 2021.