DoubleLine Income Solutions Fund
63 hedge funds and large institutions have $305M invested in DoubleLine Income Solutions Fund in 2013 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 20 increasing their positions, 7 reducing their positions, and 7 closing their positions.
400% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 7
186% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
86% more capital invested
Capital invested by funds: $164M → $305M (+$141M)
75% more funds holding
Funds holding: 36 → 63 (+27)
7.53% more ownership
Funds ownership: 8.14% → 15.67% (+7.5%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $312K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$28.9M |
| 2 |
Morgan Stanley
New York
|
+$18.3M |
| 3 |
SCM
Saba Capital Management
New York
|
+$10.8M |
| 4 |
TT
Tiedemann Trust
Wilmington,
Delaware
|
+$10.4M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$9.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
-$1.65M |
| 2 |
Barclays
London,
United Kingdom
|
-$1.28M |
| 3 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$1.15M |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$492K |
| 5 |
TCT
TIAA CREF Trust
St Louis,
Missouri
|
-$488K |
DSL Hedge Fund Activity: Q4 2013 in Review
63 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q4 2013, worth a combined $305M — up 86% from $164M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new DSL positions and 7 closed out — a net gain of 28 holders — while 20 added to existing stakes and 7 trimmed.
The largest buyer was Pine River Capital Management, opening a new position worth an estimated $28.9M. The largest seller was Salem Investment Counselors, cutting an estimated $1.65M.
- 63 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q4 2013, up from 36 in Q3 2013.
- Funds reported $305M of DoubleLine Income Solutions Fund stock for Q4 2013, up 86% quarter-over-quarter.
- 35 funds opened new DoubleLine Income Solutions Fund positions in Q4 2013 and 7 closed out, a net change of +28 holders.
- The largest DoubleLine Income Solutions Fund buyer in Q4 2013 was Pine River Capital Management, an estimated $28.9M added.
- The largest DoubleLine Income Solutions Fund seller in Q4 2013 was Salem Investment Counselors, an estimated $1.65M sold.
Based on aggregated 13F filings for Q4 2013.