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DSL

DoubleLine Income Solutions Fund

116 hedge funds and large institutions have $402M invested in DoubleLine Income Solutions Fund in 2015 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 37 increasing their positions, 37 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 13

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

12% more funds holding

Funds holding: 104116 (+12)

1.65% more ownership

Funds ownership: 22.75%24.41% (+1.7%)

4% more capital invested

Capital invested by funds: $388M → $402M (+$14.4M)

0% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 37

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $196K

Holders
116
Holders Change
+12
Holders Change %
+11.54%
% of All Funds
3.04%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
25
Increased
37
Reduced
37
Closed
13
Calls
Puts
$196K
Net Calls
-$196K
Net Calls Change
-$336K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$61.3M +$8.24M +481,490 +15%
Morgan Stanley
2
Morgan Stanley
New York
$54.9M +$1.35M +78,735 +2%
Bank of America
3
Bank of America
North Carolina
$32.4M -$6.42M -375,310 -16%
MGAM
4
McGowan Group Asset Management
Texas
$24.2M +$2.75M +160,940 +12%
Bessemer Group
5
Bessemer Group
New Jersey
$19.8M +$1.37M +80,000 +7%
LPL Financial
6
LPL Financial
California
$19.3M +$10.8M +631,459 +119%
Invesco
7
Invesco
Georgia
$16.9M +$218K +12,729 +1%
Wells Fargo
8
Wells Fargo
California
$14.3M -$106K -6,184 -0.7%
TT
9
Tiedemann Trust
Delaware
$12.9M +$441K +25,792 +3%
1832 Asset Management
10
1832 Asset Management
Ontario, Canada
$12.7M +$1.23M +71,842 +10%
FFA
11
First Foundation Advisors
California
$10.9M +$3.12M +182,445 +37%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$7.17M +$373K +21,817 +5%
HK
13
Horizon Kinetics
New York
$5.62M -$4.17M -243,567 -41%
JMPWA
14
JP Morgan Private Wealth Advisors
California
$5.17M +$213K +12,431 +4%
TAM
15
Trust Asset Management
Texas
$4.58M +$4.83M +282,174 New
PMLI
16
Penn Mutual Life Insurance
Pennsylvania
$4.56M
AAM
17
Advisors Asset Management
Colorado
$4.02M -$53.7K -3,137 -1%
HighTower Advisors
18
HighTower Advisors
Illinois
$3.96M +$835K +48,799 +25%
PPA
19
Parametric Portfolio Associates
Washington
$3.77M +$2.93M +171,327 +280%
JIP
20
Jaffetilchin Investment Partners
Florida
$3.6M +$1.04M +61,038 +38%
WCMNY
21
Westchester Capital Management (New York)
New York
$3.35M +$3.53M +206,353 New
FIM
22
Frontier Investment Management
Texas
$3.31M -$130K -7,600 -4%
FM
23
Foster & Motley
Ohio
$3.23M +$1.11M +65,145 +49%
VIA
24
Vident Investment Advisory
Georgia
$3.17M -$235K -13,752 -7%
WAM
25
Weiss Asset Management
Massachusetts
$3.12M +$3.29M +192,600 New

DSL Hedge Fund Activity: Q4 2015 in Review

116 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q4 2015, worth a combined $402M — up 3.7% from $388M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new DSL positions and 13 closed out — a net gain of 12 holders — while 37 added to existing stakes and 37 trimmed.

The largest buyer was LPL Financial, adding an estimated $10.8M. The largest seller was Bank of America, cutting an estimated $6.42M.

  • 116 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q4 2015, up from 104 in Q3 2015.
  • Funds reported $402M of DoubleLine Income Solutions Fund stock for Q4 2015, up 3.7% quarter-over-quarter.
  • 25 funds opened new DoubleLine Income Solutions Fund positions in Q4 2015 and 13 closed out, a net change of +12 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q4 2015 was LPL Financial, an estimated $10.8M added.
  • The largest DoubleLine Income Solutions Fund seller in Q4 2015 was Bank of America, an estimated $6.42M sold.

Based on aggregated 13F filings for Q4 2015.