DoubleLine Opportunistic Credit Fund
DBL
68 hedge funds and large institutions have $80.2M invested in DoubleLine Opportunistic Credit Fund in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 8 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
2% less capital invested
Capital invested by funds: $82.2M → $80.2M (-$2.02M)
1.58% less ownership
Funds ownership: 27.27% → 25.69% (-1.6%)
3% less funds holding
Funds holding: 70 → 68 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.15M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$634K |
| 3 |
FM
Family Management
New York
|
+$517K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$481K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.71M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$1.77M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.77M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.11M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$561K |
DBL Hedge Fund Activity: Q2 2019 in Review
68 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q2 2019, worth a combined $80.2M — down 2.5% from $82.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DBL and 7 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 22 added.
The largest buyer was Morgan Stanley, adding an estimated $1.15M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $2.71M sold.
- 68 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q2 2019, down from 70 in Q1 2019.
- Funds reported $80.2M of DoubleLine Opportunistic Credit Fund stock for Q2 2019, down 2.5% quarter-over-quarter.
- 7 funds opened new DoubleLine Opportunistic Credit Fund positions in Q2 2019 and 8 closed out, a net change of -1 holder.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q2 2019 was Morgan Stanley, an estimated $1.15M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q2 2019 was Shaker Financial Services, an estimated $2.71M sold.
Based on aggregated 13F filings for Q2 2019.