DoubleLine Opportunistic Credit Fund
DBL
64 hedge funds and large institutions have $90.2M invested in DoubleLine Opportunistic Credit Fund in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 25 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
5% more funds holding
Funds holding: 61 → 64 (+3)
1% more capital invested
Capital invested by funds: $89.5M → $90.2M (+$672K)
0.9% less ownership
Funds ownership: 23.93% → 23.03% (-0.9%)
44% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.28M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$1.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$841K |
| 4 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
+$521K |
| 5 |
Morgan Stanley
New York
|
+$514K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.16M |
| 2 |
AA
Apriem Advisors
Irvine,
California
|
-$1.74M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.45M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$892K |
DBL Hedge Fund Activity: Q1 2016 in Review
64 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q1 2016, worth a combined $90.2M — up 0.75% from $89.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DBL positions and 7 closed out — a net gain of 3 holders — while 14 added to existing stakes and 25 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.28M. The largest seller was Bank of America, cutting an estimated $2.16M.
- 64 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q1 2016, up from 61 in Q4 2015.
- Funds reported $90.2M of DoubleLine Opportunistic Credit Fund stock for Q1 2016, up 0.75% quarter-over-quarter.
- 10 funds opened new DoubleLine Opportunistic Credit Fund positions in Q1 2016 and 7 closed out, a net change of +3 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q1 2016 was LPL Financial, an estimated $2.28M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q1 2016 was Bank of America, an estimated $2.16M sold.
Based on aggregated 13F filings for Q1 2016.