DoubleLine Opportunistic Credit Fund
DBL
60 hedge funds and large institutions have $101M invested in DoubleLine Opportunistic Credit Fund in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 28 increasing their positions, 15 reducing their positions, and 8 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 15
3% more capital invested
Capital invested by funds: $98.6M → $101M (+$2.5M)
0.87% more ownership
Funds ownership: 42.64% → 43.51% (+0.87%)
3% less funds holding
Funds holding: 62 → 60 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.93M |
| 2 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$1.91M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.07M |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$746K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$510K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$1.38M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.36M |
| 3 |
CRC
Catawba River Capital
Lake Wylie,
South Carolina
|
-$1.31M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$940K |
| 5 |
PAS
Park Avenue Securities
New York
|
-$867K |
DBL Hedge Fund Activity: Q3 2023 in Review
60 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Opportunistic Credit Fund (DBL) for Q3 2023, worth a combined $101M — up 2.5% from $98.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DBL and 6 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 28 added.
The largest buyer was Ameriprise, adding an estimated $1.93M. The largest seller was Aviance Capital Partners, cutting an estimated $1.38M.
- 60 institutional investors held DoubleLine Opportunistic Credit Fund (DBL) as of Q3 2023, down from 62 in Q2 2023.
- Funds reported $101M of DoubleLine Opportunistic Credit Fund stock for Q3 2023, up 2.5% quarter-over-quarter.
- 6 funds opened new DoubleLine Opportunistic Credit Fund positions in Q3 2023 and 8 closed out, a net change of -2 holders.
- The largest DoubleLine Opportunistic Credit Fund buyer in Q3 2023 was Ameriprise, an estimated $1.93M added.
- The largest DoubleLine Opportunistic Credit Fund seller in Q3 2023 was Aviance Capital Partners, an estimated $1.38M sold.
Based on aggregated 13F filings for Q3 2023.