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DBL

DoubleLine Opportunistic Credit Fund

67 hedge funds and large institutions have $109M invested in DoubleLine Opportunistic Credit Fund in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 18 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

61% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 18

13% more capital invested

Capital invested by funds: $96.5M → $109M (+$12.4M)

6% more funds holding

Funds holding: 6367 (+4)

3.21% more ownership

Funds ownership: 33.9%37.1% (+3.2%)

Holders
67
Holders Change
+4
Holders Change %
+6.35%
% of All Funds
1.19%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
29
Reduced
18
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$35.3M +$917K +47,608 +3%
ACP
2
Aviance Capital Partners
Florida
$5.31M +$73.5K +3,816 +1%
HKAM
3
Horizon Kinetics Asset Management
New York
$5.22M -$1.79M -92,767 -26%
CRC
4
Catawba River Capital
South Carolina
$4.83M +$4.73M +245,538 New
Bank of America
5
Bank of America
North Carolina
$4.73M +$357K +18,549 +8%
FM
6
Family Management
New York
$4.66M +$287K +14,908 +7%
Morgan Stanley
7
Morgan Stanley
New York
$4.63M +$743K +38,576 +20%
FFA
8
First Foundation Advisors
California
$4.04M +$245K +12,735 +7%
UBS Group
9
UBS Group
Switzerland
$3.38M -$241K -12,503 -7%
IP
10
Intellectus Partners
California
$3.35M +$389K +20,185 +13%
Invesco
11
Invesco
Georgia
$3.29M +$379K +19,696 +13%
AI
12
ArchPoint Investors
Florida
$2.95M -$81.2K -4,217 -3%
SFS
13
Shaker Financial Services
Virginia
$2.89M +$1.25M +64,778 +79%
Wells Fargo
14
Wells Fargo
California
$2.18M +$150K +7,792 +8%
Ameriprise
15
Ameriprise
Minnesota
$1.42M -$260K -13,519 -15%
KA
16
Kercheville Advisors
Texas
$1.42M +$1.38M +71,712 New
LGWM
17
Litman Gregory Wealth Management
California
$1.34M +$137K +7,100 +12%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$1.17M -$154 -8 -0%
GC
19
Guggenheim Capital
Illinois
$1.06M +$403K +20,922 +63%
RJA
20
Raymond James & Associates
Florida
$1M -$122K -6,348 -11%
UR
21
USCA RIA
Texas
$993K
Northwestern Mutual Wealth Management
22
Northwestern Mutual Wealth Management
Wisconsin
$977K +$2.48K +129 +0.3%
LPL Financial
23
LPL Financial
California
$971K +$92.5K +4,804 +11%
MWPCG
24
Measured Wealth Private Client Group
New Hampshire
$869K +$209K +10,844 +32%
SAM
25
Secure Asset Management
Michigan
$788K -$154K -8,000 -17%

DBL Hedge Fund Activity: Q4 2020 in Review

67 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q4 2020, worth a combined $109M — up 13% from $96.5M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new DBL positions and 5 closed out — a net gain of 4 holders — while 29 added to existing stakes and 18 trimmed.

The largest buyer was Shaker Financial Services, adding an estimated $1.25M. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $1.79M.

  • 67 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q4 2020, up from 63 in Q3 2020.
  • Funds reported $109M of DoubleLine Opportunistic Credit Fund stock for Q4 2020, up 13% quarter-over-quarter.
  • 9 funds opened new DoubleLine Opportunistic Credit Fund positions in Q4 2020 and 5 closed out, a net change of +4 holders.
  • The largest DoubleLine Opportunistic Credit Fund buyer in Q4 2020 was Shaker Financial Services, an estimated $1.25M added.
  • The largest DoubleLine Opportunistic Credit Fund seller in Q4 2020 was Horizon Kinetics Asset Management, an estimated $1.79M sold.

Based on aggregated 13F filings for Q4 2020.