DoubleLine Income Solutions Fund
80 hedge funds and large institutions have $328M invested in DoubleLine Income Solutions Fund in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 37 increasing their positions, 15 reducing their positions, and 8 closing their positions.
147% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 15
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
16% more funds holding
Funds holding: 69 → 80 (+11)
11% more capital invested
Capital invested by funds: $296M → $328M (+$32.2M)
0.44% less ownership
Funds ownership: 14.51% → 14.08% (-0.44%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.05M
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$17.7M |
| 2 |
Morgan Stanley
New York
|
+$9.18M |
| 3 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
+$5.39M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$1.96M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$1.85M |
Top Sellers
| 1 |
SCM
Saba Capital Management
New York
|
-$21.3M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$11.8M |
| 3 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$3.14M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$2.78M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.6M |
DSL Hedge Fund Activity: Q2 2014 in Review
80 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q2 2014, worth a combined $328M — up 11% from $296M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new DSL positions and 8 closed out — a net gain of 11 holders — while 37 added to existing stakes and 15 trimmed.
The largest buyer was Bank of America, adding an estimated $17.7M. The largest seller was Saba Capital Management, cutting an estimated $21.3M.
- 80 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q2 2014, up from 69 in Q1 2014.
- Funds reported $328M of DoubleLine Income Solutions Fund stock for Q2 2014, up 11% quarter-over-quarter.
- 19 funds opened new DoubleLine Income Solutions Fund positions in Q2 2014 and 8 closed out, a net change of +11 holders.
- The largest DoubleLine Income Solutions Fund buyer in Q2 2014 was Bank of America, an estimated $17.7M added.
- The largest DoubleLine Income Solutions Fund seller in Q2 2014 was Saba Capital Management, an estimated $21.3M sold.
Based on aggregated 13F filings for Q2 2014.