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.
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: 3 → 4 (+1)
11% more funds holding
Funds holding: 99 → 110 (+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
Top Buyers
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
+$11.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$5.64M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.77M |
| 4 |
LJAC
L.J. Altfest & Co
New York
|
+$3.76M |
| 5 |
Cohen & Steers
New York
|
+$1.81M |
Top Sellers
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$278M |
| 2 |
TT
Tiedemann Trust
Wilmington,
Delaware
|
-$11.3M |
| 3 |
LPL Financial
San Diego,
California
|
-$6.33M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$5.89M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$4.76M |
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.