DoubleLine Opportunistic Credit Fund
DBL
75 hedge funds and large institutions have $130M invested in DoubleLine Opportunistic Credit Fund in 2024 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 29 increasing their positions, 19 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
53% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 19
15% more funds holding
Funds holding: 65 → 75 (+10)
2% more capital invested
Capital invested by funds: $127M → $130M (+$3.02M)
11.31% less ownership
Funds ownership: 60.35% → 49.04% (-11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.96M |
| 2 |
TPWM
Twelve Points Wealth Management
Concord,
Massachusetts
|
+$1.33M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$905K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$644K |
| 5 |
MTC
Matrix Trust Company
Denver,
Colorado
|
+$470K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$33.4M |
| 2 |
Morgan Stanley
New York
|
-$4.49M |
| 3 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$623K |
| 4 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
-$608K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$539K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JSW
76
Journey Strategic Wealth
Summit,
New Jersey
| – | -$226K | -14,265 | Closed |
|
|
JIC
77
Joel Isaacson & Co
New York
| – | -$182K | -11,474 | Closed |
|
|
KCPG
78
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$181K | -11,440 | Closed |
|
79
Truist Financial
Charlotte,
North Carolina
| – | -$179K | -11,326 | Closed |
|
|
EWA
80
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$149K | -9,408 | Closed |
|
|
GJWM
81
Gilliland Jeter Wealth Management
Little Rock,
Arkansas
| – | -$17.4K | -1,097 | Closed |
|
|
NS
82
NBC Securities
Birmingham,
Alabama
| – | -$6K | -426 | Closed |
|
DBL Hedge Fund Activity: Q4 2024 in Review
75 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q4 2024, worth a combined $130M — up 2.4% from $127M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new DBL positions and 7 closed out — a net gain of 11 holders — while 29 added to existing stakes and 19 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.96M. The largest seller was International Assets Investment Management, cutting an estimated $33.4M.
- 75 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q4 2024, up from 65 in Q3 2024.
- Funds reported $130M of DoubleLine Opportunistic Credit Fund stock for Q4 2024, up 2.4% quarter-over-quarter.
- 18 funds opened new DoubleLine Opportunistic Credit Fund positions in Q4 2024 and 7 closed out, a net change of +11 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q4 2024 was Sit Investment Associates, an estimated $2.96M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q4 2024 was International Assets Investment Management, an estimated $33.4M sold.
Based on aggregated 13F filings for Q4 2024.