DoubleLine Opportunistic Credit Fund
DBL
45 hedge funds and large institutions have $62M invested in DoubleLine Opportunistic Credit Fund in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
109% more capital inflows, than outflows
Capital inflows: $20M | Capital outflows: $9.5M
22% more funds holding
Funds holding: 37 → 45 (+8)
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
2.98% more ownership
Funds ownership: 15.89% → 18.87% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Guggenheim Capital
Chicago,
Illinois
|
+$7.08M |
| 2 |
Horizon Kinetics
New York
|
+$2.83M |
| 3 |
Paloma Partners
Greenwich,
Connecticut
|
+$1.96M |
| 4 |
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.08M |
| 5 |
Cetera Advisor Networks
El Segundo,
California
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS
Zurich,
Switzerland
|
-$3.85M |
| 2 |
National Planning Corporation
El Segundo,
California
|
-$1.75M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$984K |
| 4 |
Morgan Stanley
New York
|
-$908K |
| 5 |
Barclays
London,
United Kingdom
|
-$493K |
DBL Hedge Fund Activity: Q4 2013 in Review
45 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q4 2013, worth a combined $62M — up 16% from $53.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DBL positions and 1 closed out — a net gain of 9 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $7.08M. The largest seller was UBS, cutting an estimated $3.85M.
- 45 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q4 2013, up from 37 in Q3 2013.
- Funds reported $62M of DoubleLine Opportunistic Credit Fund stock for Q4 2013, up 16% quarter-over-quarter.
- 10 funds opened new DoubleLine Opportunistic Credit Fund positions in Q4 2013 and 1 closed out, a net change of +9 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q4 2013 was Guggenheim Capital, an estimated $7.08M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q4 2013 was UBS, an estimated $3.85M sold.
Based on aggregated 13F filings for Q4 2013.