DoubleLine Opportunistic Credit Fund
DBL
64 hedge funds and large institutions have $73.7M invested in DoubleLine Opportunistic Credit Fund in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
18% more capital invested
Capital invested by funds: $62.6M → $73.7M (+$11.2M)
12% more funds holding
Funds holding: 57 → 64 (+7)
5.69% more ownership
Funds ownership: 20.44% → 26.13% (+5.7%)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4M |
| 2 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
+$3.18M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$2.8M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$2.6M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IP
Intellectus Partners
San Francisco,
California
|
-$1.74M |
| 2 |
Morgan Stanley
New York
|
-$1.44M |
| 3 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
-$1.17M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$554K |
| 5 |
EFS
Essex Financial Services
Essex,
Connecticut
|
-$466K |
DBL Hedge Fund Activity: Q4 2018 in Review
64 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q4 2018, worth a combined $73.7M — up 18% from $62.6M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new DBL positions and 12 closed out — a net gain of 8 holders — while 17 added to existing stakes and 21 trimmed.
The largest buyer was Bank of America, adding an estimated $4M. The largest seller was Intellectus Partners, exiting entirely with an estimated $1.74M sold.
- 64 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q4 2018, up from 57 in Q3 2018.
- Funds reported $73.7M of DoubleLine Opportunistic Credit Fund stock for Q4 2018, up 18% quarter-over-quarter.
- 20 funds opened new DoubleLine Opportunistic Credit Fund positions in Q4 2018 and 12 closed out, a net change of +8 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q4 2018 was Bank of America, an estimated $4M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q4 2018 was Intellectus Partners, an estimated $1.74M sold.
Based on aggregated 13F filings for Q4 2018.