DoubleLine Opportunistic Credit Fund
DBL
37 hedge funds and large institutions have $60.6M invested in DoubleLine Opportunistic Credit Fund in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
6% more capital invested
Capital invested by funds: $57.2M → $60.6M (+$3.45M)
6% more funds holding
Funds holding: 35 → 37 (+2)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
0.32% more ownership
Funds ownership: 15.57% → 15.89% (+0.32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$3.49M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.54M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.29M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$971K |
| 5 |
AA
Apriem Advisors
Irvine,
California
|
+$856K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$6.53M |
| 2 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$1.13M |
| 3 |
Morgan Stanley
New York
|
-$883K |
| 4 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
-$511K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$428K |
DBL Hedge Fund Activity: Q3 2013 in Review
37 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q3 2013, worth a combined $60.6M — up 6% from $57.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DBL positions and 5 closed out — a net gain of 2 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was Horizon Kinetics, opening a new position worth an estimated $3.49M. The largest seller was UBS, cutting an estimated $6.53M.
- 37 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q3 2013, up from 35 in Q2 2013.
- Funds reported $60.6M of DoubleLine Opportunistic Credit Fund stock for Q3 2013, up 6% quarter-over-quarter.
- 7 funds opened new DoubleLine Opportunistic Credit Fund positions in Q3 2013 and 5 closed out, a net change of +2 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q3 2013 was Horizon Kinetics, an estimated $3.49M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q3 2013 was UBS, an estimated $6.53M sold.
Based on aggregated 13F filings for Q3 2013.