DoubleLine Income Solutions Fund
127 hedge funds and large institutions have $493M invested in DoubleLine Income Solutions Fund in 2016 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 53 increasing their positions, 28 reducing their positions, and 11 closing their positions.
145% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 11
89% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 28
11% more funds holding
Funds holding: 114 → 127 (+13)
1.14% more ownership
Funds ownership: 24.54% → 25.68% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less capital invested
Capital invested by funds: $509M → $493M (-$15.6M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $317K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$4.19M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.56M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.06M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.22M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CHA
Cedar Hill Associates
Chicago,
Illinois
|
-$7.95M |
| 2 |
Morgan Stanley
New York
|
-$3.73M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.81M |
| 4 |
HK
Horizon Kinetics
New York
|
-$1.36M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$1.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JCM
126
Jacobi Capital Management
Pittston,
Pennsylvania
| $1K | -$743 | -40 | -50% |
|
|
FPF
127
FNY Partners Fund
New York
| $675 | +$660K | +35,543 | New |
|
|
CHA
128
Cedar Hill Associates
Chicago,
Illinois
| – | -$7.95M | -415,190 | Closed |
|
|
VKH
129
Virtu KCG Holdings
New York
| – | -$1.13M | -59,156 | Closed |
|
|
PCM
130
Pointe Capital Management
Grosse Pointe Farms,
Michigan
| – | -$1.05M | -54,956 | Closed |
|
|
MC
131
Muhlenkamp & Co
Wexford,
Pennsylvania
| – | -$646K | -33,720 | Closed |
|
132
Northern Trust
Chicago,
Illinois
| – | -$4K | -20,000 | Closed |
|
|
OC
133
Oppenheimer & Co
New York
| – | -$331K | -17,291 | Closed |
|
|
CRC
134
Curi RMB Capital
Chicago,
Illinois
| – | -$302K | -15,777 | Closed |
|
|
EWM
135
Evercore Wealth Management
New York
| – | -$67K | -3,500 | Closed |
|
|
EFSCE
136
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$57K | -3,000 | Closed |
|
|
ST
137
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$38K | -2,000 | Closed |
|
|
CG
138
Cutler Group
San Francisco,
California
| – | -$5K | -300 | Closed |
|
DSL Hedge Fund Activity: Q4 2016 in Review
127 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q4 2016, worth a combined $493M — down 3.1% from $509M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new DSL positions and 11 closed out — a net gain of 16 holders — while 53 added to existing stakes and 28 trimmed.
The largest buyer was Laurion Capital Management, adding an estimated $4.19M. The largest seller was Cedar Hill Associates, exiting entirely with an estimated $7.95M sold.
- 127 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q4 2016, up from 114 in Q3 2016.
- Funds reported $493M of DoubleLine Income Solutions Fund stock for Q4 2016, down 3.1% quarter-over-quarter.
- 27 funds opened new DoubleLine Income Solutions Fund positions in Q4 2016 and 11 closed out, a net change of +16 holders.
- The largest DoubleLine Income Solutions Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $4.19M added.
- The largest DoubleLine Income Solutions Fund seller in Q4 2016 was Cedar Hill Associates, an estimated $7.95M sold.
Based on aggregated 13F filings for Q4 2016.