DoubleLine Opportunistic Credit Fund
DBL
67 hedge funds and large institutions have $84.6M invested in DoubleLine Opportunistic Credit Fund in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
8% more funds holding
Funds holding: 62 → 67 (+5)
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
0% more capital invested
Capital invested by funds: $84.4M → $84.6M (+$179K)
1.24% less ownership
Funds ownership: 23.88% → 22.64% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFS
Essex Financial Services
Essex,
Connecticut
|
+$500K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$397K |
| 3 |
JG
Jefferies Group
New York
|
+$317K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$232K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$232K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$3.81M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.4M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$800K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$702K |
| 5 |
IHL
Investment House LLC
Redondo Beach,
California
|
-$270K |
DBL Hedge Fund Activity: Q2 2017 in Review
67 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q2 2017, worth a combined $84.6M — up 0.21% from $84.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DBL positions and 3 closed out — a net gain of 5 holders — while 23 added to existing stakes and 21 trimmed.
The largest buyer was Essex Financial Services, adding an estimated $500K. The largest seller was LPL Financial, cutting an estimated $3.81M.
- 67 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q2 2017, up from 62 in Q1 2017.
- Funds reported $84.6M of DoubleLine Opportunistic Credit Fund stock for Q2 2017, up 0.21% quarter-over-quarter.
- 8 funds opened new DoubleLine Opportunistic Credit Fund positions in Q2 2017 and 3 closed out, a net change of +5 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q2 2017 was Essex Financial Services, an estimated $500K added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q2 2017 was LPL Financial, an estimated $3.81M sold.
Based on aggregated 13F filings for Q2 2017.