DoubleLine Opportunistic Credit Fund
DBL
68 hedge funds and large institutions have $87.9M invested in DoubleLine Opportunistic Credit Fund in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
6% more funds holding
Funds holding: 64 → 68 (+4)
0.8% less ownership
Funds ownership: 23.03% → 22.23% (-0.8%)
3% less capital invested
Capital invested by funds: $90.2M → $87.9M (-$2.26M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$3.46M |
| 2 |
Morgan Stanley
New York
|
+$2.16M |
| 3 |
SI
SII Investments
Appleton,
Wisconsin
|
+$871K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$567K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$493K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$6.56M |
| 2 |
HK
Horizon Kinetics
New York
|
-$1.98M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.09M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$943K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$872K |
DBL Hedge Fund Activity: Q2 2016 in Review
68 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q2 2016, worth a combined $87.9M — down 2.5% from $90.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DBL positions and 7 closed out — a net gain of 4 holders — while 20 added to existing stakes and 16 trimmed.
The largest buyer was WealthSource Partners, opening a new position worth an estimated $3.46M. The largest seller was LPL Financial, cutting an estimated $6.56M.
- 68 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q2 2016, up from 64 in Q1 2016.
- Funds reported $87.9M of DoubleLine Opportunistic Credit Fund stock for Q2 2016, down 2.5% quarter-over-quarter.
- 11 funds opened new DoubleLine Opportunistic Credit Fund positions in Q2 2016 and 7 closed out, a net change of +4 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q2 2016 was WealthSource Partners, an estimated $3.46M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q2 2016 was LPL Financial, an estimated $6.56M sold.
Based on aggregated 13F filings for Q2 2016.