DoubleLine Opportunistic Credit Fund
DBL
63 hedge funds and large institutions have $96.5M invested in DoubleLine Opportunistic Credit Fund in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 23 reducing their positions, and 6 closing their positions.
7% more capital invested
Capital invested by funds: $90.6M → $96.5M (+$5.96M)
1.92% more ownership
Funds ownership: 31.98% → 33.9% (+1.9%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
4% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 23
2% less funds holding
Funds holding: 64 → 63 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$7.15M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.24M |
| 3 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$911K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$477K |
| 5 |
LGWM
Litman Gregory Wealth Management
Larkspur,
California
|
+$340K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.73M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$820K |
| 3 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$624K |
| 4 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
-$613K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$607K |
DBL Hedge Fund Activity: Q3 2020 in Review
63 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q3 2020, worth a combined $96.5M — up 6.6% from $90.6M a quarter earlier.
Fund positioning in DBL was balanced in Q3 2020: 6 funds opened new positions, 6 closed out, 22 added to existing stakes and 23 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $7.15M. The largest seller was UBS Group, cutting an estimated $1.73M.
- 63 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q3 2020, down from 64 in Q2 2020.
- Funds reported $96.5M of DoubleLine Opportunistic Credit Fund stock for Q3 2020, up 6.6% quarter-over-quarter.
- 6 funds opened new DoubleLine Opportunistic Credit Fund positions in Q3 2020 and 6 closed out, a net change of 0 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q3 2020 was Sit Investment Associates, an estimated $7.15M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q3 2020 was UBS Group, an estimated $1.73M sold.
Based on aggregated 13F filings for Q3 2020.