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DBL

DoubleLine Opportunistic Credit Fund

45 hedge funds and large institutions have $69.3M 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.

New
Increased
Maintained
Reduced
Closed

900% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 1

22% more funds holding

Funds holding: 3745 (+8)

14% more capital invested

Capital invested by funds: $60.6M → $69.3M (+$8.66M)

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%)

Holders
45
Holders Change
+8
Holders Change %
+21.62%
% of All Funds
1.31%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
17
Reduced
15
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$8.63M +$7.08M +309,948 +404%
BTS
2
BB&T Securities
Virginia
$8.09M +$37.4K +1,636 +5%
U
3
UBS
Switzerland
$7.41M -$3.85M -168,315 -34%
HK
4
Horizon Kinetics
New York
$6.1M +$2.83M +123,714 +83%
Morgan Stanley
5
Morgan Stanley
New York
$5.89M -$908K -39,725 -13%
NPC
6
National Planning Corporation
California
$4.21M -$1.75M -76,503 -29%
HighTower Advisors
7
HighTower Advisors
Illinois
$3.2M +$224K +9,795 +7%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$2.27M -$58.5K -2,562 -2%
Wells Fargo
9
Wells Fargo
California
$2.09M +$366K +16,017 +21%
PP
10
Paloma Partners
Connecticut
$1.91M +$1.96M +85,765 New
AA
11
Apriem Advisors
California
$1.7M +$901K +39,435 +107%
JIP
12
Jaffetilchin Investment Partners
Florida
$1.52M +$600K +26,243 +63%
RJA
13
Raymond James & Associates
Florida
$1.52M +$831K +36,385 +115%
FFA
14
First Foundation Advisors
California
$1.33M -$263K -11,495 -16%
Invesco
15
Invesco
Georgia
$1.2M +$62K +2,715 +5%
PPA
16
Parametric Portfolio Associates
Washington
$1.06M +$1.08M +47,354 New
HB
17
Homrich & Berg
Georgia
$1.05M -$2.13K -93 -0.2%
CAN
18
Cetera Advisor Networks
California
$1.04M +$1.07M +46,705 New
LPL Financial
19
LPL Financial
California
$1.02M -$374K -16,347 -26%
AI
20
ArchPoint Investors
Florida
$797K +$816K +35,720 New
Deutsche Bank
21
Deutsche Bank
Germany
$783K -$984K -43,050 -55%
WS
22
Wedbush Securities
California
$740K +$128K +5,616 +20%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$709K +$99.1K +4,335 +16%
Bank of America
24
Bank of America
North Carolina
$521K +$77.7K +3,402 +17%
Barclays
25
Barclays
United Kingdom
$513K -$493K -21,556 -48%

DBL Hedge Fund Activity: Q4 2013 in Review

45 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q4 2013, worth a combined $69.3M — up 14% from $60.6M 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 $69.3M of DoubleLine Opportunistic Credit Fund stock for Q4 2013, up 14% 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.