DoubleLine Income Solutions Fund
36 hedge funds and large institutions have $164M invested in DoubleLine Income Solutions Fund in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 4 reducing their positions, and 6 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 4
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
107% more capital invested
Capital invested by funds: $79.2M → $164M (+$85.1M)
20% more funds holding
Funds holding: 30 → 36 (+6)
4.48% more ownership
Funds ownership: 3.65% → 8.14% (+4.5%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $167K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$15.9M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$13.3M |
| 3 |
Morgan Stanley
New York
|
+$12.3M |
| 4 |
TT
Tiedemann Trust
Wilmington,
Delaware
|
+$11.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$8.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.64M |
| 2 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$1.85M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$415K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$264K |
| 5 |
DWT
Dorsey & Whitney Trust
Sioux Falls,
South Dakota
|
-$209K |
DSL Hedge Fund Activity: Q3 2013 in Review
36 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q3 2013, worth a combined $164M — up 107% from $79.2M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DSL positions and 6 closed out — a net gain of 7 holders — while 16 added to existing stakes and 4 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $15.9M. The largest seller was AQR Capital Management, exiting entirely with an estimated $4.64M sold.
- 36 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q3 2013, up from 30 in Q2 2013.
- Funds reported $164M of DoubleLine Income Solutions Fund stock for Q3 2013, up 107% quarter-over-quarter.
- 13 funds opened new DoubleLine Income Solutions Fund positions in Q3 2013 and 6 closed out, a net change of +7 holders.
- The largest DoubleLine Income Solutions Fund buyer in Q3 2013 was Saba Capital Management, an estimated $15.9M added.
- The largest DoubleLine Income Solutions Fund seller in Q3 2013 was AQR Capital Management, an estimated $4.64M sold.
Based on aggregated 13F filings for Q3 2013.