DoubleLine Opportunistic Credit Fund
DBL
69 hedge funds and large institutions have $122M invested in DoubleLine Opportunistic Credit Fund in 2021 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 28 reducing their positions, and 11 closing their positions.
5% more capital invested
Capital invested by funds: $116M → $122M (+$6.06M)
3.25% more ownership
Funds ownership: 39.32% → 42.57% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 72 → 69 (-3)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
36% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$12M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.7M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$739K |
| 4 |
FM
Family Management
New York
|
+$277K |
| 5 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$212K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$1.92M |
| 2 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
-$997K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$964K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$465K |
| 5 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$383K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IF
76
Ironwood Financial
Tucson,
Arizona
| – | -$7K | -334 | Closed |
|
|
AWA
77
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$2K | -101 | Closed |
|
78
Fidelity Investments
Boston,
Massachusetts
| – | +$77 | +4 | New |
|
DBL Hedge Fund Activity: Q4 2021 in Review
69 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q4 2021, worth a combined $122M — up 5.2% from $116M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of DBL and 9 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 18 added.
The largest buyer was Sit Investment Associates, adding an estimated $12M. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $1.92M.
- 69 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q4 2021, down from 72 in Q3 2021.
- Funds reported $122M of DoubleLine Opportunistic Credit Fund stock for Q4 2021, up 5.2% quarter-over-quarter.
- 9 funds opened new DoubleLine Opportunistic Credit Fund positions in Q4 2021 and 11 closed out, a net change of -2 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q4 2021 was Sit Investment Associates, an estimated $12M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q4 2021 was Horizon Kinetics Asset Management, an estimated $1.92M sold.
Based on aggregated 13F filings for Q4 2021.