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DSL

DoubleLine Income Solutions Fund

102 hedge funds and large institutions have $442M invested in DoubleLine Income Solutions Fund in 2015 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 45 increasing their positions, 26 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more call options, than puts

Call options by funds: $713K | Put options by funds: $328K

111% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 9

73% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 26

9% more funds holding

Funds holding: 94102 (+8)

8% more capital invested

Capital invested by funds: $410M → $442M (+$31.9M)

1.61% more ownership

Funds ownership: 19.8%21.41% (+1.6%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
102
Holders Change
+8
Holders Change %
+8.51%
% of All Funds
2.72%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
19
Increased
45
Reduced
26
Closed
9
Calls
$713K
Puts
$328K
Net Calls
+$385K
Net Calls Change
+$711K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$74.7M -$2.45M -122,570 -3%
UBS Group
2
UBS Group
Switzerland
$69.8M +$2.6M +130,320 +4%
Bank of America
3
Bank of America
North Carolina
$46.2M +$10.5M +523,978 +29%
Bessemer Group
4
Bessemer Group
New Jersey
$18.6M +$373K +18,655 +2%
TT
5
Tiedemann Trust
Delaware
$18.3M +$18.4M +923,066 New
Invesco
6
Invesco
Georgia
$15.6M -$946K -47,333 -6%
Deutsche Bank
7
Deutsche Bank
Germany
$14.3M +$5.61M +280,760 +64%
HK
8
Horizon Kinetics
New York
$13.9M -$16.4K -820 -0.1%
MGAM
9
McGowan Group Asset Management
Texas
$13.9M +$728K +36,418 +5%
Wells Fargo
10
Wells Fargo
California
$13.8M -$1.81M -90,350 -11%
BTS
11
BB&T Securities
Virginia
$12.1M +$211K +10,576 +21%
LPL Financial
12
LPL Financial
California
$11.6M +$4.32M +216,446 +59%
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$10.6M +$79.6K +3,985 +0.8%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$10.4M -$1.76M -87,991 -14%
FFA
15
First Foundation Advisors
California
$8.61M +$3.9M +195,053 +82%
TAM
16
Trust Asset Management
Texas
$6.83M +$652K +32,628 +10%
PMLI
17
Penn Mutual Life Insurance
Pennsylvania
$5.59M +$899K +45,000 +19%
NPC
18
National Planning Corporation
California
$3.83M -$640K -32,010 -15%
Stifel Financial
19
Stifel Financial
Missouri
$3.16M +$314K +15,727 +11%
DJSG
20
D.J. St. Germain
Massachusetts
$3.15M -$69.7K -3,490 -2%
JIP
21
Jaffetilchin Investment Partners
Florida
$3.04M +$132K +6,602 +5%
HighTower Advisors
22
HighTower Advisors
Illinois
$2.55M +$97.7K +4,888 +4%
JMPWA
23
JP Morgan Private Wealth Advisors
California
$2.55M +$776K +38,827 +43%
TJHA
24
Thomas J. Herzfeld Advisors
Florida
$2.48M -$875K -43,780 -26%
Thrivent Financial for Lutherans
25
Thrivent Financial for Lutherans
Minnesota
$2.45M

DSL Hedge Fund Activity: Q1 2015 in Review

102 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q1 2015, worth a combined $442M — up 7.8% from $410M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new DSL positions and 9 closed out — a net gain of 10 holders — while 45 added to existing stakes and 26 trimmed.

The largest buyer was Tiedemann Trust, opening a new position worth an estimated $18.4M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $6.45M sold.

  • 102 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q1 2015, up from 94 in Q4 2014.
  • Funds reported $442M of DoubleLine Income Solutions Fund stock for Q1 2015, up 7.8% quarter-over-quarter.
  • 19 funds opened new DoubleLine Income Solutions Fund positions in Q1 2015 and 9 closed out, a net change of +10 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q1 2015 was Tiedemann Trust, an estimated $18.4M added.
  • The largest DoubleLine Income Solutions Fund seller in Q1 2015 was Mariner Investment Group, an estimated $6.45M sold.

Based on aggregated 13F filings for Q1 2015.