DoubleLine Opportunistic Credit Fund
DBL
66 hedge funds and large institutions have $98.4M invested in DoubleLine Opportunistic Credit Fund in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 7 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 22
4% less funds holding
Funds holding: 69 → 66 (-3)
4.91% less ownership
Funds ownership: 42.57% → 37.65% (-4.9%)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
19% less capital invested
Capital invested by funds: $122M → $98.4M (-$23.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.43M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.56M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.46M |
| 4 |
TPWM
Twelve Points Wealth Management
Concord,
Massachusetts
|
+$785K |
| 5 |
LGWM
Litman Gregory Wealth Management
Larkspur,
California
|
+$693K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$8.88M |
| 2 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$2.98M |
| 3 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$2.44M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.79M |
| 5 |
KA
Kercheville Advisors
San Antonio,
Texas
|
-$792K |
DBL Hedge Fund Activity: Q1 2022 in Review
66 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q1 2022, worth a combined $98.4M — down 19% from $122M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DBL and 6 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 26 added.
The largest buyer was Morgan Stanley, adding an estimated $2.43M. The largest seller was Sit Investment Associates, cutting an estimated $8.88M.
- 66 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q1 2022, down from 69 in Q4 2021.
- Funds reported $98.4M of DoubleLine Opportunistic Credit Fund stock for Q1 2022, down 19% quarter-over-quarter.
- 6 funds opened new DoubleLine Opportunistic Credit Fund positions in Q1 2022 and 7 closed out, a net change of -1 holder.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q1 2022 was Morgan Stanley, an estimated $2.43M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q1 2022 was Sit Investment Associates, an estimated $8.88M sold.
Based on aggregated 13F filings for Q1 2022.