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DSL

DoubleLine Income Solutions Fund

94 hedge funds and large institutions have $410M invested in DoubleLine Income Solutions Fund in 2014 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 38 increasing their positions, 21 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 21

33% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 18

9% more capital invested

Capital invested by funds: $375M → $410M (+$35.4M)

4% more funds holding

Funds holding: 9094 (+4)

3.09% more ownership

Funds ownership: 16.71%19.8% (+3.1%)

54% less call options, than puts

Call options by funds: $283K | Put options by funds: $609K

Holders
94
Holders Change
+4
Holders Change %
+4.44%
% of All Funds
2.51%
Holding in Top 10
4
Holding in Top 10 Change
+4
Holding in Top 10 Change %
% of All Funds
0.11%
New
24
Increased
38
Reduced
21
Closed
18
Calls
$283K
Puts
$609K
Net Calls
-$326K
Net Calls Change
+$692K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$77.4M +$1.18M +56,739 +1%
UBS Group
2
UBS Group
Switzerland
$67.4M +$70.6M +3,387,485 New
Bank of America
3
Bank of America
North Carolina
$35.9M -$7.73M -371,046 -17%
Bessemer Group
4
Bessemer Group
New Jersey
$18.3M -$1.46M -70,000 -7%
Invesco
5
Invesco
Georgia
$16.6M +$1.87M +89,875 +12%
Wells Fargo
6
Wells Fargo
California
$15.7M +$1.04M +49,940 +7%
HK
7
Horizon Kinetics
New York
$13.9M -$2.11M -101,111 -13%
MGAM
8
McGowan Group Asset Management
Texas
$13.2M +$13.8M +662,943 New
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$12.1M +$3.37M +161,839 +36%
1832 Asset Management
10
1832 Asset Management
Ontario, Canada
$10.5M +$341K +16,367 +3%
BTS
11
BB&T Securities
Virginia
$10.1M +$413K +19,838 +65%
Deutsche Bank
12
Deutsche Bank
Germany
$8.77M -$130K -6,250 -1%
LPL Financial
13
LPL Financial
California
$7.26M +$867K +41,604 +13%
MIG
14
Mariner Investment Group
New York
$6.45M +$5.71M +274,000 +548%
TAM
15
Trust Asset Management
Texas
$6.2M +$3.65M +175,333 +129%
FFA
16
First Foundation Advisors
California
$4.75M +$3.33M +159,980 +204%
PMLI
17
Penn Mutual Life Insurance
Pennsylvania
$4.7M +$4.92M +236,000 New
BNP Paribas Financial Markets
18
BNP Paribas Financial Markets
France
$4.67M +$3.95M +189,456 +420%
NPC
19
National Planning Corporation
California
$4.39M -$159K -7,647 -3%
SFS
20
Shaker Financial Services
Virginia
$4.08M +$3.62M +173,565 +553%
CCM
21
Coldstream Capital Management
Washington
$3.86M -$1.49M -71,705 -27%
PPA
22
Parametric Portfolio Associates
Washington
$3.53M +$10.7K +515 +0.3%
TJHA
23
Thomas J. Herzfeld Advisors
Florida
$3.36M +$1.23M +59,065 +54%
NCM
24
Newgate Capital Management
Connecticut
$3.23M +$3.41M +163,490 New
DJSG
25
D.J. St. Germain
Massachusetts
$3.23M +$412K +19,775 +14%

DSL Hedge Fund Activity: Q4 2014 in Review

94 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q4 2014, worth a combined $410M — up 9.5% from $375M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new DSL positions and 18 closed out — a net gain of 6 holders — while 38 added to existing stakes and 21 trimmed.

The largest buyer was Mariner Investment Group, adding an estimated $5.71M. The largest seller was Bank of America, cutting an estimated $7.73M.

  • 94 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q4 2014, up from 90 in Q3 2014.
  • Funds reported $410M of DoubleLine Income Solutions Fund stock for Q4 2014, up 9.5% quarter-over-quarter.
  • 24 funds opened new DoubleLine Income Solutions Fund positions in Q4 2014 and 18 closed out, a net change of +6 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q4 2014 was Mariner Investment Group, an estimated $5.71M added.
  • The largest DoubleLine Income Solutions Fund seller in Q4 2014 was Bank of America, an estimated $7.73M sold.

Based on aggregated 13F filings for Q4 2014.