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DSL

DoubleLine Income Solutions Fund

104 hedge funds and large institutions have $388M invested in DoubleLine Income Solutions Fund in 2015 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 36 increasing their positions, 30 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more call options, than puts

Call options by funds: $443K | Put options by funds: $303K

20% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 30

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

1% more funds holding

Funds holding: 103104 (+1)

0.81% more ownership

Funds ownership: 21.94%22.75% (+0.81%)

12% less capital invested

Capital invested by funds: $440M → $388M (-$52.3M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
104
Holders Change
+1
Holders Change %
+0.97%
% of All Funds
2.9%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
20
Increased
36
Reduced
30
Closed
17
Calls
$443K
Puts
$303K
Net Calls
+$140K
Net Calls Change
-$637K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$57.2M -$6.04M -321,108 -9%
UBS Group
2
UBS Group
Switzerland
$57M -$4.48M -238,120 -7%
Bank of America
3
Bank of America
North Carolina
$41M -$3.27M -173,594 -7%
MGAM
4
McGowan Group Asset Management
Texas
$23M +$11.7M +621,975 +87%
Bessemer Group
5
Bessemer Group
New Jersey
$19.7M
Invesco
6
Invesco
Georgia
$17.8M +$399K +21,233 +2%
Wells Fargo
7
Wells Fargo
California
$15.4M +$174K +9,266 +1%
TT
8
Tiedemann Trust
Delaware
$13.4M -$2.96M -157,320 -17%
1832 Asset Management
9
1832 Asset Management
Ontario, Canada
$12.2M +$3.07M +162,971 +30%
HK
10
Horizon Kinetics
New York
$10.2M -$451K -23,953 -4%
LPL Financial
11
LPL Financial
California
$9.28M -$3.21M -170,746 -24%
FFA
12
First Foundation Advisors
California
$8.45M +$239K +12,695 +3%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$7.26M -$2.09M -111,317 -21%
JMPWA
14
JP Morgan Private Wealth Advisors
California
$5.3M +$5.77M +306,608 New
PMLI
15
Penn Mutual Life Insurance
Pennsylvania
$4.87M
AAM
16
Advisors Asset Management
Colorado
$4.34M +$1M +53,316 +27%
FIM
17
Frontier Investment Management
Texas
$3.66M +$3.98M +211,567 New
VIA
18
Vident Investment Advisory
Georgia
$3.61M -$86.4K -4,592 -2%
HighTower Advisors
19
HighTower Advisors
Illinois
$3.38M +$1.11M +59,231 +44%
CHA
20
Cedar Hill Associates
Illinois
$3.33M +$451K +24,000 +14%
NCM
21
Newgate Capital Management
Connecticut
$2.84M +$2.27M +120,898 +278%
JIP
22
Jaffetilchin Investment Partners
Florida
$2.78M +$70K +3,719 +2%
GC
23
Guggenheim Capital
Illinois
$2.7M +$531K +28,237 +22%
DJSG
24
D.J. St. Germain
Massachusetts
$2.65M +$1.01M +53,585 +54%
FG
25
Fiduciary Group
Georgia
$2.58M +$324K +17,240 +13%

DSL Hedge Fund Activity: Q3 2015 in Review

104 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q3 2015, worth a combined $388M — down 12% from $440M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new DSL positions and 17 closed out — a net gain of 3 holders — while 36 added to existing stakes and 30 trimmed.

The largest buyer was StratiFi, opening a new position worth an estimated $12.8M. The largest seller was Morgan Stanley, cutting an estimated $6.04M.

  • 104 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q3 2015, up from 103 in Q2 2015.
  • Funds reported $388M of DoubleLine Income Solutions Fund stock for Q3 2015, down 12% quarter-over-quarter.
  • 20 funds opened new DoubleLine Income Solutions Fund positions in Q3 2015 and 17 closed out, a net change of +3 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q3 2015 was StratiFi, an estimated $12.8M added.
  • The largest DoubleLine Income Solutions Fund seller in Q3 2015 was Morgan Stanley, an estimated $6.04M sold.

Based on aggregated 13F filings for Q3 2015.