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DBL

DoubleLine Opportunistic Credit Fund

64 hedge funds and large institutions have $93.1M invested in DoubleLine Opportunistic Credit Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 28 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

155% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 11

6% more capital invested

Capital invested by funds: $87.9M → $93.1M (+$5.17M)

2.36% more ownership

Funds ownership: 22.23%24.59% (+2.4%)

6% less funds holding

Funds holding: 6864 (-4)

43% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 7

Holders
64
Holders Change
-4
Holders Change %
-5.88%
% of All Funds
1.71%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
28
Reduced
11
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$11.9M +$1.19M +44,442 +11%
Bank of America
2
Bank of America
North Carolina
$11M +$1.87M +69,693 +19%
HK
3
Horizon Kinetics
New York
$10.7M -$35.5K -1,323 -0.3%
Morgan Stanley
4
Morgan Stanley
New York
$9.01M +$208K +7,734 +2%
WP
5
WealthSource Partners
California
$5.85M +$2.59M +96,397 +73%
LPL Financial
6
LPL Financial
California
$5.73M +$603K +22,473 +11%
CAN
7
Cetera Advisor Networks
California
$4.58M +$2.37M +88,285 +98%
AA
8
Apriem Advisors
California
$2.91M +$151K +5,633 +5%
HighTower Advisors
9
HighTower Advisors
Illinois
$2.47M +$95.3K +3,550 +4%
LTFS
10
Ladenburg Thalmann Financial Services
Florida
$2.33M +$224K +8,357 +10%
Wells Fargo
11
Wells Fargo
California
$2.07M -$542K -20,216 -20%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$1.98M +$51.7K +1,927 +3%
Invesco
13
Invesco
Georgia
$1.79M +$4.29K +160 +0.2%
RJA
14
Raymond James & Associates
Florida
$1.75M +$233K +8,689 +15%
Ameriprise
15
Ameriprise
Minnesota
$1.35M +$415K +15,460 +42%
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$1.31M +$381K +14,186 +38%
SI
17
SII Investments
Wisconsin
$1.19M +$363K +13,515 +41%
NPC
18
National Planning Corporation
California
$1.11M +$81.6K +3,042 +7%
CIBC World Market
19
CIBC World Market
Ontario, Canada
$1.08M +$3.27K +122 +0.3%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$900K +$383K +14,255 +69%
FFA
21
First Foundation Advisors
California
$871K -$6.41K -239 -0.7%
ASN
22
Advisory Services Network
Georgia
$863K +$13.4K +500 +2%
ACM
23
Alethea Capital Management
Washington
$776K
JIC
24
Joel Isaacson & Co
New York
$666K
PAS
25
Partnervest Advisory Services
California
$602K +$87.3K +3,252 +16%

DBL Hedge Fund Activity: Q3 2016 in Review

64 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q3 2016, worth a combined $93.1M — up 5.9% from $87.9M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of DBL and 4 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 28 added.

The largest buyer was WealthSource Partners, adding an estimated $2.59M. The largest seller was Guggenheim Capital, exiting entirely with an estimated $938K sold.

  • 64 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q3 2016, down from 68 in Q2 2016.
  • Funds reported $93.1M of DoubleLine Opportunistic Credit Fund stock for Q3 2016, up 5.9% quarter-over-quarter.
  • 4 funds opened new DoubleLine Opportunistic Credit Fund positions in Q3 2016 and 7 closed out, a net change of -3 holders.
  • The largest DoubleLine Opportunistic Credit Fund buyer in Q3 2016 was WealthSource Partners, an estimated $2.59M added.
  • The largest DoubleLine Opportunistic Credit Fund seller in Q3 2016 was Guggenheim Capital, an estimated $938K sold.

Based on aggregated 13F filings for Q3 2016.