DoubleLine Opportunistic Credit Fund
DBL
66 hedge funds and large institutions have $75.5M invested in DoubleLine Opportunistic Credit Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 12 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
13.39% more ownership
Funds ownership: 28.37% → 41.76% (+13%)
10% less funds holding
Funds holding: 73 → 66 (-7)
14% less capital invested
Capital invested by funds: $87.4M → $75.5M (-$11.9M)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.82M |
| 2 |
Morgan Stanley
New York
|
+$5.08M |
| 3 |
FM
Family Management
New York
|
+$1.6M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
+$609K |
| 5 |
LGWM
Litman Gregory Wealth Management
Larkspur,
California
|
+$593K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$2.79M |
| 2 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$1.29M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.01M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1M |
| 5 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
-$726K |
DBL Hedge Fund Activity: Q1 2020 in Review
66 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q1 2020, worth a combined $75.5M — down 14% from $87.4M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of DBL and 7 opened new positions — a net loss of 5 holders — while 21 trimmed existing stakes and 26 added.
The largest buyer was Sit Investment Associates, adding an estimated $5.82M. The largest seller was Oxbow Advisors, exiting entirely with an estimated $2.79M sold.
- 66 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q1 2020, down from 73 in Q4 2019.
- Funds reported $75.5M of DoubleLine Opportunistic Credit Fund stock for Q1 2020, down 14% quarter-over-quarter.
- 7 funds opened new DoubleLine Opportunistic Credit Fund positions in Q1 2020 and 12 closed out, a net change of -5 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q1 2020 was Sit Investment Associates, an estimated $5.82M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q1 2020 was Oxbow Advisors, an estimated $2.79M sold.
Based on aggregated 13F filings for Q1 2020.