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DBL

DoubleLine Opportunistic Credit Fund

68 hedge funds and large institutions have $80.6M invested in DoubleLine Opportunistic Credit Fund in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 24 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 5

1% more funds holding

Funds holding: 6768 (+1)

0% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 24

0.02% less ownership

Funds ownership: 22.64%22.61% (-0.02%)

5% less capital invested

Capital invested by funds: $84.6M → $80.6M (-$4.03M)

Holders
68
Holders Change
+1
Holders Change %
+1.49%
% of All Funds
1.7%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
24
Reduced
24
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$13.3M +$934K +37,994 +7%
HK
2
Horizon Kinetics
New York
$10.1M -$79.6K -3,236 -0.8%
UBS Group
3
UBS Group
Switzerland
$9.82M +$143K +5,801 +1%
AA
4
Apriem Advisors
California
$6.64M -$448K -18,205 -6%
VHAM
5
Van Hulzen Asset Management
California
$3.18M -$16K -650 -0.5%
Bank of America
6
Bank of America
North Carolina
$2.67M -$239K -9,715 -8%
LTFS
7
Ladenburg Thalmann Financial Services
Florida
$2.52M -$154K -6,249 -6%
HighTower Advisors
8
HighTower Advisors
Illinois
$2.02M -$98.3K -4,000 -5%
RJA
9
Raymond James & Associates
Florida
$1.95M +$292K +11,891 +17%
Invesco
10
Invesco
Georgia
$1.8M -$87.9K -3,577 -5%
CAN
11
Cetera Advisor Networks
California
$1.78M -$42.5K -1,730 -2%
IP
12
Intellectus Partners
California
$1.77M +$24K +978 +1%
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$1.62M +$77.6K +3,157 +5%
Wells Fargo
14
Wells Fargo
California
$1.54M -$63.1K -2,565 -4%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$1.47M +$31.1K +1,267 +2%
SI
16
SII Investments
Wisconsin
$1.35M +$138K +5,633 +11%
LPL Financial
17
LPL Financial
California
$1.29M +$518K +21,070 +65%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$1.07M +$218K +8,883 +25%
BTS
19
BB&T Securities
Virginia
$913K -$128K -5,203 -12%
ASN
20
Advisory Services Network
Georgia
$837K -$7.38K -300 -0.9%
EFS
21
Essex Financial Services
Connecticut
$798K -$91.7K -3,730 -9%
SPC
22
Sigma Planning Corp
Michigan
$731K +$50.5K +2,054 +7%
AC
23
Addison Capital
Pennsylvania
$726K -$19.7K -800 -3%
FFA
24
First Foundation Advisors
California
$699K +$49.2K +2,000 +7%
DA
25
Doliver Advisors
Texas
$674K -$106K -4,300 -13%

DBL Hedge Fund Activity: Q3 2017 in Review

68 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q3 2017, worth a combined $80.6M — down 4.8% from $84.6M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new DBL positions and 5 closed out — a net gain of 1 holder — while 24 added to existing stakes and 24 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $934K. The largest seller was National Planning Corporation, exiting entirely with an estimated $753K sold.

  • 68 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q3 2017, up from 67 in Q2 2017.
  • Funds reported $80.6M of DoubleLine Opportunistic Credit Fund stock for Q3 2017, down 4.8% quarter-over-quarter.
  • 6 funds opened new DoubleLine Opportunistic Credit Fund positions in Q3 2017 and 5 closed out, a net change of +1 holder.
  • The largest DoubleLine Opportunistic Credit Fund buyer in Q3 2017 was Morgan Stanley, an estimated $934K added.
  • The largest DoubleLine Opportunistic Credit Fund seller in Q3 2017 was National Planning Corporation, an estimated $753K sold.

Based on aggregated 13F filings for Q3 2017.