We are live on ! Find out more
DSL

DoubleLine Income Solutions Fund
DSL

99 hedge funds and large institutions have $426M invested in DoubleLine Income Solutions Fund in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 45 increasing their positions, 29 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 29

16.4% more ownership

Funds ownership: 24.41% → 40.8% (+16%)

6% more capital invested

Capital invested by funds: $402M → $426M (+$24.3M)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

15% less funds holding

Funds holding: 116 → 99 (-17)

64% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 25

Holders
99
Holders Change
-17
Holders Change %
-14.66%
% of All Funds
2.64%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.08%
New
9
Increased
45
Reduced
29
Closed
25
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
MGAM
McGowan Group Asset Management
Texas
+$254M
2
TT
Tiedemann Trust
Delaware
+$13.9M
3
Bank of Montreal
Bank of Montreal
Ontario, Canada
+$6.73M
4
WT
Whittier Trust
California
+$6.05M
5
LCM
Laurion Capital Management
New York
+$5.2M

Top Sellers

1
1832 Asset Management
1832 Asset Management
Ontario, Canada
-$12.7M
2
LPL Financial
LPL Financial
California
-$4.71M
3
WAM
Weiss Asset Management
Massachusetts
-$3.12M
4
NCM
Newgate Capital Management
Connecticut
-$2.39M
5
SG Americas Securities
SG Americas Securities
New York
-$2.16M
Name Holding Trade Value Shares
Change 		Change in
Stake
PFS
76
Prospera Financial Services
Texas
$286K – – –
SMH
77
Sanders Morris Harris
Texas
$265K +$251K +15,770 New
SAM
78
Summit Asset Management
Tennessee
$260K +$246K +15,456 New
Creative Planning
79
Creative Planning
Kansas
$241K +$177K +11,092 +341%
CAN
80
Cetera Advisor Networks
California
$233K -$39.9K -2,500 -15%
CA
81
Cornerstone Advisory
Maryland
$223K +$1.32K +83 +0.6%
HCM
82
Hollencrest Capital Management
California
$216K +$205K +12,850 New
AI
83
ArchPoint Investors
Florida
$118K – – –
JWM
84
Jacobus Wealth Management
Wisconsin
$106K – – –
AIG
85
American International Group
New York
$106K +$47.5K +2,981 +91%
TIM
86
Tortoise Investment Management
New York
$52K -$28.7K -1,800 -37%
IA
87
IFP Advisors
Florida
$51K -$19.8K -1,241 -33%
TJHA
88
Thomas J. Herzfeld Advisors
Florida
$42K – – –
ST
89
Smithfield Trust
Pennsylvania
$34K – – –
WEC
90
Winslow Evans & Crocker
Massachusetts
$33.6K – – –
KFA
91
Kelleher Financial Advisors
New York
$24K +$23.5K +1,475 New
DBT
92
Dubuque Bank & Trust
Iowa
$19K +$18.2K +1,143 New
GWM
93
Geneos Wealth Management
Colorado
$16K +$15.2K +955 New
AC
94
Alexandria Capital
Virginia
$10K – – –
AIM
95
Advantage Investment Management
Iowa
$8K – – –
CAPTRUST Financial Advisors
96
CAPTRUST Financial Advisors
North Carolina
$8K – – –
FWM
97
Focused Wealth Management
New York
$8K – – –
VIA
98
Vident Investment Advisory
Georgia
$6.72K +$3.26M +204,310 +105%
FNYS
99
First New York Securities
New York
$3.36K +$3.19K +200 New
PCM
100
Penserra Capital Management
California
$18 -$1.48K -93 -8%
1 2 3
4
5

DSL Hedge Fund Activity: Q1 2016 in Review

99 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q1 2016, worth a combined $426M — up 6% from $402M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of DSL and 9 opened new positions — a net loss of 16 holders — while 29 trimmed existing stakes and 45 added.

The largest buyer was McGowan Group Asset Management, adding an estimated $254M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $12.7M sold.

  • 99 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q1 2016, down from 116 in Q4 2015.
  • Funds reported $426M of DoubleLine Income Solutions Fund stock for Q1 2016, up 6% quarter-over-quarter.
  • 9 funds opened new DoubleLine Income Solutions Fund positions in Q1 2016 and 25 closed out, a net change of -16 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q1 2016 was McGowan Group Asset Management, an estimated $254M added.
  • The largest DoubleLine Income Solutions Fund seller in Q1 2016 was 1832 Asset Management, an estimated $12.7M sold.

Based on aggregated 13F filings for Q1 2016.