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DBL

DoubleLine Opportunistic Credit Fund

58 hedge funds and large institutions have $83.5M invested in DoubleLine Opportunistic Credit Fund in 2015 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

367% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 3

23% more funds holding

Funds holding: 4758 (+11)

2.12% more ownership

Funds ownership: 19.8%21.91% (+2.1%)

4% more capital invested

Capital invested by funds: $80.2M → $83.5M (+$3.34M)

6% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 18

Holders
58
Holders Change
+11
Holders Change %
+23.4%
% of All Funds
1.55%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
17
Reduced
18
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HK
1
Horizon Kinetics
New York
$13.2M -$342K -13,486 -2%
UBS Group
2
UBS Group
Switzerland
$7.85M +$38.7K +1,523 +0.5%
GC
3
Guggenheim Capital
Illinois
$7.78M -$1.64M -64,787 -17%
Morgan Stanley
4
Morgan Stanley
New York
$6.91M -$1.24M -48,879 -15%
LPL Financial
5
LPL Financial
California
$6.67M +$3.67M +144,550 +118%
Bank of America
6
Bank of America
North Carolina
$5.24M +$3.83M +150,956 +252%
BTS
7
BB&T Securities
Virginia
$3.37M -$299K -11,764 -46%
HighTower Advisors
8
HighTower Advisors
Illinois
$2.91M -$38.1K -1,500 -1%
Deutsche Bank
9
Deutsche Bank
Germany
$2.48M +$1.28M +50,365 +102%
AA
10
Apriem Advisors
California
$2.43M -$1.58M -62,247 -39%
Invesco
11
Invesco
Georgia
$1.74M +$21.9K +862 +1%
Wells Fargo
12
Wells Fargo
California
$1.68M +$561K +22,088 +48%
DA
13
Doliver Advisors
Texas
$1.67M +$1.7M +67,104 New
FFA
14
First Foundation Advisors
California
$1.63M +$44.3K +1,747 +3%
CAN
15
Cetera Advisor Networks
California
$1.61M +$22.2K +874 +1%
RJA
16
Raymond James & Associates
Florida
$1.53M -$604K -23,813 -28%
HB
17
Homrich & Berg
Georgia
$1.45M +$258K +10,155 +21%
ACM
18
Alethea Capital Management
Washington
$1.04M +$3.81K +150 +0.4%
NPC
19
National Planning Corporation
California
$840K +$80.3K +3,162 +10%
CWM
20
Cabot Wealth Management
Massachusetts
$780K -$25.4K -1,000 -3%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$699K -$489K -19,257 -41%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$696K -$169K -6,648 -19%
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$665K +$80.7K +3,180 +13%
SIA
24
SeaBridge Investment Advisors
New Jersey
$665K +$108K +4,250 +19%
WS
25
Wedbush Securities
California
$589K -$140K -5,519 -19%

DBL Hedge Fund Activity: Q1 2015 in Review

58 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q1 2015, worth a combined $83.5M — up 4.2% from $80.2M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new DBL positions and 3 closed out — a net gain of 11 holders — while 17 added to existing stakes and 18 trimmed.

The largest buyer was Bank of America, adding an estimated $3.83M. The largest seller was Guggenheim Capital, cutting an estimated $1.64M.

  • 58 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q1 2015, up from 47 in Q4 2014.
  • Funds reported $83.5M of DoubleLine Opportunistic Credit Fund stock for Q1 2015, up 4.2% quarter-over-quarter.
  • 14 funds opened new DoubleLine Opportunistic Credit Fund positions in Q1 2015 and 3 closed out, a net change of +11 holders.
  • The largest DoubleLine Opportunistic Credit Fund buyer in Q1 2015 was Bank of America, an estimated $3.83M added.
  • The largest DoubleLine Opportunistic Credit Fund seller in Q1 2015 was Guggenheim Capital, an estimated $1.64M sold.

Based on aggregated 13F filings for Q1 2015.