DoubleLine Opportunistic Credit Fund
DBL
70 hedge funds and large institutions have $82.2M invested in DoubleLine Opportunistic Credit Fund in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
12% more capital invested
Capital invested by funds: $73.7M → $82.2M (+$8.5M)
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
9% more funds holding
Funds holding: 64 → 70 (+6)
1.14% more ownership
Funds ownership: 26.13% → 27.27% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IP
Intellectus Partners
San Francisco,
California
|
+$1.91M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.62M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.61M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.55M |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$5.74M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$807K |
| 3 |
FA
FCG Advisors
Chatham,
New Jersey
|
-$591K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$566K |
| 5 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$347K |
DBL Hedge Fund Activity: Q1 2019 in Review
70 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q1 2019, worth a combined $82.2M — up 12% from $73.7M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DBL positions and 6 closed out — a net gain of 7 holders — while 22 added to existing stakes and 20 trimmed.
The largest buyer was Intellectus Partners, opening a new position worth an estimated $1.91M. The largest seller was Nomura Holdings, exiting entirely with an estimated $5.74M sold.
- 70 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q1 2019, up from 64 in Q4 2018.
- Funds reported $82.2M of DoubleLine Opportunistic Credit Fund stock for Q1 2019, up 12% quarter-over-quarter.
- 13 funds opened new DoubleLine Opportunistic Credit Fund positions in Q1 2019 and 6 closed out, a net change of +7 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q1 2019 was Intellectus Partners, an estimated $1.91M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q1 2019 was Nomura Holdings, an estimated $5.74M sold.
Based on aggregated 13F filings for Q1 2019.