DoubleLine Opportunistic Credit Fund
DBL
70 hedge funds and large institutions have $90.9M invested in DoubleLine Opportunistic Credit Fund in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
6% more funds holding
Funds holding: 66 → 70 (+4)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
0.31% less ownership
Funds ownership: 37.65% → 37.34% (-0.31%)
8% less capital invested
Capital invested by funds: $98.4M → $90.9M (-$7.56M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.3M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.36M |
| 3 |
LGWM
Litman Gregory Wealth Management
Larkspur,
California
|
+$495K |
| 4 |
TPWM
Twelve Points Wealth Management
Concord,
Massachusetts
|
+$436K |
| 5 |
KCPG
Kavar Capital Partners Group
Leawood,
Kansas
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.59M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.3M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.15M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$338K |
| 5 |
CRC
Catawba River Capital
Lake Wylie,
South Carolina
|
-$284K |
DBL Hedge Fund Activity: Q2 2022 in Review
70 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q2 2022, worth a combined $90.9M — down 7.7% from $98.4M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new DBL positions and 7 closed out — a net gain of 5 holders — while 23 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.3M. The largest seller was Bank of America, cutting an estimated $1.59M.
- 70 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q2 2022, up from 66 in Q1 2022.
- Funds reported $90.9M of DoubleLine Opportunistic Credit Fund stock for Q2 2022, down 7.7% quarter-over-quarter.
- 12 funds opened new DoubleLine Opportunistic Credit Fund positions in Q2 2022 and 7 closed out, a net change of +5 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q2 2022 was Morgan Stanley, an estimated $2.3M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q2 2022 was Bank of America, an estimated $1.59M sold.
Based on aggregated 13F filings for Q2 2022.