DoubleLine Income Solutions Fund
116 hedge funds and large institutions have $402M invested in DoubleLine Income Solutions Fund in 2015 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 37 increasing their positions, 37 reducing their positions, and 13 closing their positions.
92% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
12% more funds holding
Funds holding: 104 → 116 (+12)
1.65% more ownership
Funds ownership: 22.75% → 24.41% (+1.7%)
4% more capital invested
Capital invested by funds: $388M → $402M (+$14.4M)
0% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 37
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $196K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$10.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$8.24M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$3.53M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.29M |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$6.42M |
| 2 |
HK
Horizon Kinetics
New York
|
-$4.17M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.51M |
| 4 |
FG
Fiduciary Group
Savannah,
Georgia
|
-$2.36M |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
126
Hollencrest Capital Management
Newport Beach,
California
| – | -$225K | -13,000 | Closed |
|
127
M&T Bank
Buffalo,
New York
| – | -$188K | -10,845 | Closed |
|
|
EWM
128
Edge Wealth Management
New York
| – | -$35K | -2,000 | Closed |
|
|
RPG
129
Risk Paradigm Group
Austin,
Texas
| – | -$4.72K | -273 | Closed |
|
|
FNYS
130
First New York Securities
New York
| – | -$3.46K | -200 | Closed |
|
DSL Hedge Fund Activity: Q4 2015 in Review
116 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q4 2015, worth a combined $402M — up 3.7% from $388M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new DSL positions and 13 closed out — a net gain of 12 holders — while 37 added to existing stakes and 37 trimmed.
The largest buyer was LPL Financial, adding an estimated $10.8M. The largest seller was Bank of America, cutting an estimated $6.42M.
- 116 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q4 2015, up from 104 in Q3 2015.
- Funds reported $402M of DoubleLine Income Solutions Fund stock for Q4 2015, up 3.7% quarter-over-quarter.
- 25 funds opened new DoubleLine Income Solutions Fund positions in Q4 2015 and 13 closed out, a net change of +12 holders.
- The largest DoubleLine Income Solutions Fund buyer in Q4 2015 was LPL Financial, an estimated $10.8M added.
- The largest DoubleLine Income Solutions Fund seller in Q4 2015 was Bank of America, an estimated $6.42M sold.
Based on aggregated 13F filings for Q4 2015.