DoubleLine Opportunistic Credit Fund
DBL
57 hedge funds and large institutions have $62.6M invested in DoubleLine Opportunistic Credit Fund in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 25 reducing their positions, and 15 closing their positions.
2.67% less ownership
Funds ownership: 23.1% → 20.44% (-2.7%)
12% less funds holding
Funds holding: 65 → 57 (-8)
13% less capital invested
Capital invested by funds: $71.8M → $62.6M (-$9.27M)
48% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 25
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
+$776K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$581K |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$463K |
| 4 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$352K |
| 5 |
AFNAS
American Financial Network Advisory Services
Calabasas,
California
|
+$276K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.13M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.94M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$1.72M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.06M |
| 5 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
-$506K |
DBL Hedge Fund Activity: Q3 2018 in Review
57 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q3 2018, worth a combined $62.6M — down 13% from $71.8M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of DBL and 7 opened new positions — a net loss of 8 holders — while 25 trimmed existing stakes and 13 added.
The largest buyer was Oxbow Advisors, adding an estimated $776K. The largest seller was Morgan Stanley, cutting an estimated $2.13M.
- 57 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q3 2018, down from 65 in Q2 2018.
- Funds reported $62.6M of DoubleLine Opportunistic Credit Fund stock for Q3 2018, down 13% quarter-over-quarter.
- 7 funds opened new DoubleLine Opportunistic Credit Fund positions in Q3 2018 and 15 closed out, a net change of -8 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q3 2018 was Oxbow Advisors, an estimated $776K added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q3 2018 was Morgan Stanley, an estimated $2.13M sold.
Based on aggregated 13F filings for Q3 2018.