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DBL

DoubleLine Opportunistic Credit Fund

47 hedge funds and large institutions have $80.2M invested in DoubleLine Opportunistic Credit Fund in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% less capital invested

Capital invested by funds: $80.4M → $80.2M (-$235K)

6% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 16

1.33% less ownership

Funds ownership: 21.13%19.8% (-1.3%)

8% less funds holding

Funds holding: 5147 (-4)

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

Holders
47
Holders Change
-4
Holders Change %
-7.84%
% of All Funds
1.25%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
15
Reduced
16
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HK
1
Horizon Kinetics
New York
$13.4M +$1.59M +65,575 +14%
GC
2
Guggenheim Capital
Illinois
$9.28M -$28.6K -1,179 -0.3%
Morgan Stanley
3
Morgan Stanley
New York
$8.03M -$4.27M -175,886 -35%
UBS Group
4
UBS Group
Switzerland
$7.72M +$7.64M +314,469 New
BTS
5
BB&T Securities
Virginia
$6.22M -$168K -6,916 -21%
AA
6
Apriem Advisors
California
$3.93M +$471K +19,375 +14%
LPL Financial
7
LPL Financial
California
$3.01M +$598K +24,610 +25%
HighTower Advisors
8
HighTower Advisors
Illinois
$2.91M -$291K -12,000 -9%
HCM
9
Hilton Capital Management
New York
$2.84M
RJA
10
Raymond James & Associates
Florida
$2.1M -$45.9K -1,890 -2%
Invesco
11
Invesco
Georgia
$1.7M -$144K -5,944 -8%
CAN
12
Cetera Advisor Networks
California
$1.57M +$420K +17,284 +37%
FFA
13
First Foundation Advisors
California
$1.56M +$183K +7,516 +13%
Bank of America
14
Bank of America
North Carolina
$1.47M -$478K -19,661 -25%
Deutsche Bank
15
Deutsche Bank
Germany
$1.21M +$48.6K +2,000 +4%
HB
16
Homrich & Berg
Georgia
$1.18M +$33.9K +1,394 +3%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$1.17M +$341K +14,057 +42%
Wells Fargo
18
Wells Fargo
California
$1.12M -$1.06M -43,774 -49%
ACM
19
Alethea Capital Management
Washington
$1.02M +$1.01M +41,725 New
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$851K +$772K +31,771 +1,094%
CWM
21
Cabot Wealth Management
Massachusetts
$796K -$14.6K -600 -2%
NPC
22
National Planning Corporation
California
$775K -$537K -22,100 -42%
WS
23
Wedbush Securities
California
$718K -$236K -9,703 -25%
AI
24
ArchPoint Investors
Florida
$632K
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$579K +$35.2K +1,450 +7%

DBL Hedge Fund Activity: Q4 2014 in Review

47 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q4 2014, worth a combined $80.2M — down 0.29% from $80.4M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of DBL and 8 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 15 added.

The largest buyer was Horizon Kinetics, adding an estimated $1.59M. The largest seller was Morgan Stanley, cutting an estimated $4.27M.

  • 47 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q4 2014, down from 51 in Q3 2014.
  • Funds reported $80.2M of DoubleLine Opportunistic Credit Fund stock for Q4 2014, down 0.29% quarter-over-quarter.
  • 8 funds opened new DoubleLine Opportunistic Credit Fund positions in Q4 2014 and 10 closed out, a net change of -2 holders.
  • The largest DoubleLine Opportunistic Credit Fund buyer in Q4 2014 was Horizon Kinetics, an estimated $1.59M added.
  • The largest DoubleLine Opportunistic Credit Fund seller in Q4 2014 was Morgan Stanley, an estimated $4.27M sold.

Based on aggregated 13F filings for Q4 2014.