DoubleLine Income Solutions Fund
138 hedge funds and large institutions have $437M invested in DoubleLine Income Solutions Fund in 2019 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 50 increasing their positions, 41 reducing their positions, and 25 closing their positions.
498% more call options, than puts
Call options by funds: $1.96M | Put options by funds: $328K
22% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 41
9% more capital invested
Capital invested by funds: $400M → $437M (+$37M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.09% less ownership
Funds ownership: 22.75% → 21.66% (-1.1%)
6% less funds holding
Funds holding: 147 → 138 (-9)
16% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.46M |
| 2 |
IP
Intellectus Partners
San Francisco,
California
|
+$3.19M |
| 3 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
+$2.62M |
| 4 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$1.5M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$5.31M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$4.12M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.74M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$3.22M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$2.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JIC
151
Joel Isaacson & Co
New York
| – | -$374K | -20,000 | Closed |
|
152
Wolverine Trading
Chicago,
Illinois
| – | -$307K | -17,547 | Closed |
|
|
PFA
153
Pettinga Financial Advisors
Evansville,
Indiana
| – | -$274K | -15,800 | Closed |
|
|
TSS
154
Two Sigma Securities
New York
| – | -$271K | -15,650 | Closed |
|
155
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$231K | -11,936 | Closed |
|
156
Millennium Management
New York
| – | -$204K | -11,785 | Closed |
|
157
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$189K | -10,926 | Closed |
|
|
MOS
158
MGO One Seven
Beachwood,
Ohio
| – | -$90K | -5,210 | Closed |
|
|
DWM
159
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$37K | -2,111 | Closed |
|
|
AWM
160
Arbor Wealth Management
Miramar Beach,
Florida
| – | -$79K | -1,667 | Closed |
|
|
CCM
161
Cribstone Capital Management
Augusta,
Maine
| – | -$9K | -500 | Closed |
|
162
JP Morgan Chase
New York
| – | -$8K | -454 | Closed |
|
|
GWMIA
163
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | +$58 | +3 | New |
|
DSL Hedge Fund Activity: Q1 2019 in Review
138 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q1 2019, worth a combined $437M — up 9.2% from $400M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of DSL and 21 opened new positions — a net loss of 4 holders — while 41 trimmed existing stakes and 50 added.
The largest buyer was UBS Group, adding an estimated $4.46M. The largest seller was Invesco, cutting an estimated $5.31M.
- 138 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q1 2019, down from 147 in Q4 2018.
- Funds reported $437M of DoubleLine Income Solutions Fund stock for Q1 2019, up 9.2% quarter-over-quarter.
- 21 funds opened new DoubleLine Income Solutions Fund positions in Q1 2019 and 25 closed out, a net change of -4 holders.
- The largest DoubleLine Income Solutions Fund buyer in Q1 2019 was UBS Group, an estimated $4.46M added.
- The largest DoubleLine Income Solutions Fund seller in Q1 2019 was Invesco, an estimated $5.31M sold.
Based on aggregated 13F filings for Q1 2019.