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DBL

DoubleLine Opportunistic Credit Fund

69 hedge funds and large institutions have $83.8M invested in DoubleLine Opportunistic Credit Fund in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 21

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

1% more funds holding

Funds holding: 6869 (+1)

1.41% more ownership

Funds ownership: 25.69%27.1% (+1.4%)

4% more capital invested

Capital invested by funds: $80.2M → $83.8M (+$3.57M)

Holders
69
Holders Change
+1
Holders Change %
+1.47%
% of All Funds
1.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
24
Reduced
21
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HKAM
1
Horizon Kinetics Asset Management
New York
$9.68M +$72.7K +3,511 +0.8%
Bank of America
2
Bank of America
North Carolina
$8.84M +$560K +27,038 +7%
SIA
3
Sit Investment Associates
Minnesota
$7.09M +$284K +13,727 +4%
Morgan Stanley
4
Morgan Stanley
New York
$6.95M +$818K +39,495 +13%
UBS Group
5
UBS Group
Switzerland
$6.78M -$401K -19,369 -6%
AI
6
ArchPoint Investors
Florida
$3.89M +$66.6K +3,217 +2%
LTFS
7
Ladenburg Thalmann Financial Services
Florida
$3.25M -$158K -7,612 -5%
FFA
8
First Foundation Advisors
California
$3.14M +$298K +14,408 +11%
FM
9
Family Management
New York
$2.84M +$834K +40,287 +42%
OA
10
Oxbow Advisors
Texas
$2.61M -$2.63M -127,156 -50%
IP
11
Intellectus Partners
California
$2.39M +$125K +6,035 +6%
Invesco
12
Invesco
Georgia
$2.35M -$37.4K -1,808 -2%
ACP
13
Aviance Capital Partners
Florida
$1.96M +$1.95M +94,426 New
HighTower Advisors
14
HighTower Advisors
Illinois
$1.56M +$72.5K +3,500 +5%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$1.39M -$44.9K -2,168 -3%
VHAM
16
Van Hulzen Asset Management
California
$1.32M -$27.4K -1,325 -2%
RJA
17
Raymond James & Associates
Florida
$1.19M +$2.09K +101 +0.2%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$1.11M -$23.5K -1,134 -2%
SFS
19
Shaker Financial Services
Virginia
$1.08M +$1.08M +52,356 New
Wells Fargo
20
Wells Fargo
California
$1.05M +$104K +5,005 +11%
GC
21
Guggenheim Capital
Illinois
$1.03M -$21.6K -1,041 -2%
Stifel Financial
22
Stifel Financial
Missouri
$890K -$104K -5,041 -10%
CAN
23
Cetera Advisor Networks
California
$868K -$66K -3,186 -7%
Northwestern Mutual Wealth Management
24
Northwestern Mutual Wealth Management
Wisconsin
$799K +$252K +12,180 +46%
MAFM
25
Mid Atlantic Financial Management
Pennsylvania
$739K -$153K -7,400 -17%

DBL Hedge Fund Activity: Q3 2019 in Review

69 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q3 2019, worth a combined $83.8M — up 4.4% from $80.2M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new DBL positions and 8 closed out — a net gain of 1 holder — while 24 added to existing stakes and 21 trimmed.

The largest buyer was Aviance Capital Partners, opening a new position worth an estimated $1.95M. The largest seller was Oxbow Advisors, cutting an estimated $2.63M.

  • 69 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q3 2019, up from 68 in Q2 2019.
  • Funds reported $83.8M of DoubleLine Opportunistic Credit Fund stock for Q3 2019, up 4.4% quarter-over-quarter.
  • 9 funds opened new DoubleLine Opportunistic Credit Fund positions in Q3 2019 and 8 closed out, a net change of +1 holder.
  • The largest DoubleLine Opportunistic Credit Fund buyer in Q3 2019 was Aviance Capital Partners, an estimated $1.95M added.
  • The largest DoubleLine Opportunistic Credit Fund seller in Q3 2019 was Oxbow Advisors, an estimated $2.63M sold.

Based on aggregated 13F filings for Q3 2019.