DoubleLine Opportunistic Credit Fund
DBL
65 hedge funds and large institutions have $93.1M invested in DoubleLine Opportunistic Credit Fund in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 28 increasing their positions, 11 reducing their positions, and 7 closing their positions.
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 (+$5.2M)
2.37% more ownership
Funds ownership: 22.23% → 24.6% (+2.4%)
4% less funds holding
Funds holding: 68 → 65 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$2.59M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.37M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.87M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.19M |
| 5 |
LPL Financial
San Diego,
California
|
+$603K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$938K |
| 2 |
LCM
Laurion Capital Management
New York
|
-$577K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$542K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$216K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$192K |
DBL Hedge Fund Activity: Q3 2016 in Review
65 of the 3,759 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 5 opened new positions — a net loss of 2 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.
- 65 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.
- 5 funds opened new DoubleLine Opportunistic Credit Fund positions in Q3 2016 and 7 closed out, a net change of -2 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.