DoubleLine Income Solutions Fund
146 hedge funds and large institutions have $407M invested in DoubleLine Income Solutions Fund in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 42 reducing their positions, and 16 closing their positions.
190% more call options, than puts
Call options by funds: $2.05M | Put options by funds: $705K
24% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 42
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
1% more funds holding
Funds holding: 145 → 146 (+1)
0.85% less ownership
Funds ownership: 21.17% → 20.32% (-0.85%)
4% less capital invested
Capital invested by funds: $427M → $407M (-$19.2M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.03M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$990K |
| 4 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$724K |
| 5 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$718K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$13.6M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$3.89M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$3.88M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.85M |
| 5 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$1.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Creative Planning
Overland Park,
Kansas
| – | -$396K | -19,838 | Closed |
|
|
OFG
152
OTA Financial Group
Purchase,
New York
| – | -$318K | -15,969 | Closed |
|
|
PAG
153
Pinnacle Advisory Group
Columbia,
Maryland
| – | -$273K | -13,685 | Closed |
|
154
Northern Trust
Chicago,
Illinois
| – | -$2K | -10,510 | Closed |
|
|
BA
155
Bard Associates
Chicago,
Illinois
| – | -$204K | -10,200 | Closed |
|
|
YWP
156
YorkBridge Wealth Partners
New York
| – | -$100K | -5,000 | Closed |
|
|
DWM
157
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$44K | -2,208 | Closed |
|
|
EWM
158
Executive Wealth Management
Brighton,
Michigan
| – | -$10K | -500 | Closed |
|
|
TRCT
159
Tower Research Capital (TRC)
New York
| – | -$2K | -100 | Closed |
|
160
Fidelity Investments
Boston,
Massachusetts
| – | +$20 | +1 | +100% |
|
DSL Hedge Fund Activity: Q3 2019 in Review
146 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q3 2019, worth a combined $407M — down 4.5% from $427M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new DSL positions and 16 closed out — a net gain of 2 holders — while 52 added to existing stakes and 42 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.7M. The largest seller was Bank of Montreal, cutting an estimated $13.6M.
- 146 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q3 2019, up from 145 in Q2 2019.
- Funds reported $407M of DoubleLine Income Solutions Fund stock for Q3 2019, down 4.5% quarter-over-quarter.
- 18 funds opened new DoubleLine Income Solutions Fund positions in Q3 2019 and 16 closed out, a net change of +2 holders.
- The largest DoubleLine Income Solutions Fund buyer in Q3 2019 was Morgan Stanley, an estimated $2.7M added.
- The largest DoubleLine Income Solutions Fund seller in Q3 2019 was Bank of Montreal, an estimated $13.6M sold.
Based on aggregated 13F filings for Q3 2019.