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DSL

DoubleLine Income Solutions Fund

110 hedge funds and large institutions have $462M invested in DoubleLine Income Solutions Fund in 2016 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 43 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 8

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

11% more funds holding

Funds holding: 99110 (+11)

8% more capital invested

Capital invested by funds: $426M → $462M (+$35.4M)

15.99% less ownership

Funds ownership: 40.8%24.82% (-16%)

30% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 43

Holders
110
Holders Change
+11
Holders Change %
+11.11%
% of All Funds
2.93%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
19
Increased
30
Reduced
43
Closed
8
Calls
$222K
Puts
Net Calls
+$222K
Net Calls Change
+$222K
Name Holding Trade Value Shares
Change
Change in
Stake
LJAC
26
L.J. Altfest & Co
New York
$3.87M +$3.76M +210,759 New
FIM
27
Frontier Investment Management
Texas
$3.53M -$156K -8,760 -4%
AAM
28
Advisors Asset Management
Colorado
$3.17M -$151K -8,480 -5%
Thrivent Financial for Lutherans
29
Thrivent Financial for Lutherans
Minnesota
$2.85M -$18K -1,007 -0.6%
LCM
30
Laurion Capital Management
New York
$2.76M -$4.76M -266,860 -64%
WTC
31
WhitTier Trust Company
Nevada
$2.72M +$174K +9,754 +7%
LTFS
32
Ladenburg Thalmann Financial Services
Florida
$2.48M -$228K -12,761 -9%
DJSG
33
D.J. St. Germain
Massachusetts
$2.34M -$27.1K -1,520 -1%
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$2.28M -$81.1K -4,547 -4%
WCMNY
35
Westchester Capital Management (New York)
New York
$2.1M -$1.64M -91,669 -44%
Deutsche Bank
36
Deutsche Bank
Germany
$1.99M +$309K +17,290 +19%
JFA
37
JNBA Financial Advisors
Minnesota
$1.92M -$225K -12,618 -11%
RJA
38
Raymond James & Associates
Florida
$1.88M -$158K -8,828 -8%
BRF
39
B. Riley Financial
California
$1.79M +$678 +38 +0%
PNC Financial Services Group
40
PNC Financial Services Group
Pennsylvania
$1.79M +$805K +45,094 +86%
PAG
41
Private Advisor Group
New Jersey
$1.71M +$1.3M +72,644 +384%
NPC
42
National Planning Corporation
California
$1.7M -$78.6K -4,405 -5%
BKA
43
Brick & Kyle Associates
Pennsylvania
$1.59M -$5.58K -313 -0.4%
Cambridge Investment Research Advisors
44
Cambridge Investment Research Advisors
Iowa
$1.56M +$85.3K +4,780 +6%
MFS
45
MSI Financial Services
Massachusetts
$1.38M +$225K +12,608 +20%
EGA
46
E&G Advisors
Texas
$1.38M
SLA
47
Silver Lake Advisory
Utah
$1.03M +$1M +56,301 New
Barclays
48
Barclays
United Kingdom
$1.03M +$1M +56,224 New
AM
49
Ares Management
California
$1.03M
PCM
50
Pointe Capital Management
Michigan
$1.02M -$31K -1,740 -3%

DSL Hedge Fund Activity: Q2 2016 in Review

110 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q2 2016, worth a combined $462M — up 8.3% from $426M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new DSL positions and 8 closed out — a net gain of 11 holders — while 30 added to existing stakes and 43 trimmed.

The largest buyer was Oxbow Advisors, adding an estimated $11.4M. The largest seller was McGowan Group Asset Management, cutting an estimated $278M.

  • 110 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q2 2016, up from 99 in Q1 2016.
  • Funds reported $462M of DoubleLine Income Solutions Fund stock for Q2 2016, up 8.3% quarter-over-quarter.
  • 19 funds opened new DoubleLine Income Solutions Fund positions in Q2 2016 and 8 closed out, a net change of +11 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q2 2016 was Oxbow Advisors, an estimated $11.4M added.
  • The largest DoubleLine Income Solutions Fund seller in Q2 2016 was McGowan Group Asset Management, an estimated $278M sold.

Based on aggregated 13F filings for Q2 2016.