DoubleLine Income Solutions Fund
161 hedge funds and large institutions have $283M invested in DoubleLine Income Solutions Fund in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 57 increasing their positions, 53 reducing their positions, and 25 closing their positions.
1.37% more ownership
Funds ownership: 20.76% → 22.13% (+1.4%)
8% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 53
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 25
2% less funds holding
Funds holding: 165 → 161 (-4)
32% less capital invested
Capital invested by funds: $416M → $283M (-$133M)
97% less call options, than puts
Call options by funds: $30K | Put options by funds: $944K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$9.6M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$6.63M |
| 3 |
Morgan Stanley
New York
|
+$6.3M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.96M |
| 5 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$5.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$21.6M |
| 2 |
EW
Evoke Wealth
Los Angeles,
California
|
-$4.5M |
| 3 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$3.98M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$3.69M |
| 5 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
-$3.65M |
DSL Hedge Fund Activity: Q1 2020 in Review
161 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q1 2020, worth a combined $283M — down 32% from $416M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of DSL and 23 opened new positions — a net loss of 2 holders — while 53 trimmed existing stakes and 57 added.
The largest buyer was McGowan Group Asset Management, adding an estimated $9.6M. The largest seller was UBS Group, cutting an estimated $21.6M.
- 161 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q1 2020, down from 165 in Q4 2019.
- Funds reported $283M of DoubleLine Income Solutions Fund stock for Q1 2020, down 32% quarter-over-quarter.
- 23 funds opened new DoubleLine Income Solutions Fund positions in Q1 2020 and 25 closed out, a net change of -2 holders.
- The largest DoubleLine Income Solutions Fund buyer in Q1 2020 was McGowan Group Asset Management, an estimated $9.6M added.
- The largest DoubleLine Income Solutions Fund seller in Q1 2020 was UBS Group, an estimated $21.6M sold.
Based on aggregated 13F filings for Q1 2020.