DoubleLine Opportunistic Credit Fund
DBL
72 hedge funds and large institutions have $116M invested in DoubleLine Opportunistic Credit Fund in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 19 reducing their positions, and 7 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 19
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2.03% more ownership
Funds ownership: 37.29% → 39.32% (+2%)
4% more capital invested
Capital invested by funds: $112M → $116M (+$4.2M)
1% less funds holding
Funds holding: 73 → 72 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.18M |
| 2 |
LGWM
Litman Gregory Wealth Management
Larkspur,
California
|
+$1.99M |
| 3 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$1.41M |
| 4 |
CWM
Circle Wealth Management
Summit,
New Jersey
|
+$299K |
| 5 |
KCPG
Kavar Capital Partners Group
Leawood,
Kansas
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWPCG
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
|
-$1.09M |
| 2 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
-$526K |
| 3 |
Goldman Sachs
New York
|
-$455K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$420K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$216K |
DBL Hedge Fund Activity: Q3 2021 in Review
72 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q3 2021, worth a combined $116M — up 3.8% from $112M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DBL positions and 7 closed out — a net gain of 1 holder — while 31 added to existing stakes and 19 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $4.18M. The largest seller was Measured Wealth Private Client Group, exiting entirely with an estimated $1.09M sold.
- 72 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q3 2021, down from 73 in Q2 2021.
- Funds reported $116M of DoubleLine Opportunistic Credit Fund stock for Q3 2021, up 3.8% quarter-over-quarter.
- 8 funds opened new DoubleLine Opportunistic Credit Fund positions in Q3 2021 and 7 closed out, a net change of +1 holder.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q3 2021 was Sit Investment Associates, an estimated $4.18M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q3 2021 was Measured Wealth Private Client Group, an estimated $1.09M sold.
Based on aggregated 13F filings for Q3 2021.