DoubleLine Opportunistic Credit Fund
DBL
51 hedge funds and large institutions have $56.3M invested in DoubleLine Opportunistic Credit Fund in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
13% more funds holding
Funds holding: 45 → 51 (+6)
2.37% less ownership
Funds ownership: 18.87% → 16.51% (-2.4%)
9% less capital invested
Capital invested by funds: $62M → $56.3M (-$5.69M)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$2.85M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$788K |
| 3 |
JG
Jefferies Group
New York
|
+$537K |
| 4 |
AA
Apriem Advisors
Irvine,
California
|
+$472K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$430K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$4.6M |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
-$2.3M |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$1.91M |
| 4 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$1.52M |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$1.1M |
DBL Hedge Fund Activity: Q1 2014 in Review
51 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q1 2014, worth a combined $56.3M — down 9.2% from $62M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DBL positions and 4 closed out — a net gain of 6 holders — while 15 added to existing stakes and 20 trimmed.
The largest buyer was Horizon Kinetics, adding an estimated $2.85M. The largest seller was Guggenheim Capital, cutting an estimated $4.6M.
- 51 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q1 2014, up from 45 in Q4 2013.
- Funds reported $56.3M of DoubleLine Opportunistic Credit Fund stock for Q1 2014, down 9.2% quarter-over-quarter.
- 10 funds opened new DoubleLine Opportunistic Credit Fund positions in Q1 2014 and 4 closed out, a net change of +6 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q1 2014 was Horizon Kinetics, an estimated $2.85M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q1 2014 was Guggenheim Capital, an estimated $4.6M sold.
Based on aggregated 13F filings for Q1 2014.