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DBL

DoubleLine Opportunistic Credit Fund

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.

New
Increased
Maintained
Reduced
Closed

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: 6260 (-2)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

Holders
60
Holders Change
-2
Holders Change %
-3.23%
% of All Funds
0.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
28
Reduced
15
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$40.5M +$1.07M +73,957 +3%
Morgan Stanley
2
Morgan Stanley
New York
$14M +$189K +13,080 +1%
HIG
3
Herr Investment Group
Texas
$6M -$5.28K -366 -0.1%
Wells Fargo
4
Wells Fargo
California
$3M +$102K +7,070 +4%
Ameriprise
5
Ameriprise
Minnesota
$2.92M +$1.93M +134,199 +204%
TPWM
6
Twelve Points Wealth Management
Massachusetts
$2.81M +$142K +9,835 +5%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$2.18M -$1.36M -94,448 -39%
ACP
8
Aviance Capital Partners
Florida
$2.16M -$1.38M -95,467 -39%
Invesco
9
Invesco
Georgia
$2.06M +$510K +35,377 +33%
IP
10
Intellectus Partners
California
$1.95M +$346K +24,024 +22%
ECM
11
Evergreen Capital Management
Washington
$1.93M +$1.91M +132,514 New
UBS Group
12
UBS Group
Switzerland
$1.77M -$63.4K -4,399 -3%
AI
13
ArchPoint Investors
Florida
$1.69M
RJA
14
Raymond James & Associates
Florida
$1.62M -$330K -22,902 -17%
LPL Financial
15
LPL Financial
California
$1.46M +$483K +33,476 +50%
GC
16
Guggenheim Capital
Illinois
$1.29M +$281K +19,479 +28%
SWP
17
Strategic Wealth Partners
Ohio
$1.26M +$498K +34,578 +66%
Stifel Financial
18
Stifel Financial
Missouri
$1.26M +$179K +12,439 +17%
Bank of America
19
Bank of America
North Carolina
$1.09M +$58.7K +4,070 +6%
HKAM
20
Horizon Kinetics Asset Management
New York
$1.03M -$5.25K -364 -0.5%
IAIM
21
International Assets Investment Management
Florida
$1.01M +$746K +51,781 +280%
IP
22
Ignite Planners
California
$576K +$59.4K +4,120 +12%
TWC
23
TD Waterhouse Canada
Ontario, Canada
$547K -$11.1K -770 -2%
VCP
24
Verus Capital Partners
Arizona
$521K +$66.6K +4,623 +15%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$507K -$89K -6,177 -15%

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.