DoubleLine Income Solutions Fund
99 hedge funds and large institutions have $433M invested in DoubleLine Income Solutions Fund in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 45 increasing their positions, 29 reducing their positions, and 25 closing their positions.
606% more capital inflows, than outflows
Capital inflows: $309M | Capital outflows: $43.8M
55% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 29
16.4% more ownership
Funds ownership: 24.41% → 40.8% (+16%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
15% less funds holding
Funds holding: 116 → 99 (-17)
64% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
McGowan Group Asset Management
Dallas,
Texas
|
+$254M |
| 2 |
Tiedemann Trust
Wilmington,
Delaware
|
+$13.9M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.73M |
| 4 |
Whittier Trust
South Pasadena,
California
|
+$6.05M |
| 5 |
Laurion Capital Management
New York
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$12.7M |
| 2 |
LPL Financial
San Diego,
California
|
-$4.71M |
| 3 |
Weiss Asset Management
Boston,
Massachusetts
|
-$3.12M |
| 4 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$2.39M |
| 5 |
SG Americas Securities
New York
|
-$2.16M |
DSL Hedge Fund Activity: Q1 2016 in Review
99 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q1 2016, worth a combined $433M — up 7.7% from $402M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of DSL and 9 opened new positions — a net loss of 16 holders — while 29 trimmed existing stakes and 45 added.
The largest buyer was McGowan Group Asset Management, adding an estimated $254M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $12.7M sold.
- 99 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q1 2016, down from 116 in Q4 2015.
- Funds reported $433M of DoubleLine Income Solutions Fund stock for Q1 2016, up 7.7% quarter-over-quarter.
- 9 funds opened new DoubleLine Income Solutions Fund positions in Q1 2016 and 25 closed out, a net change of -16 holders.
- The largest DoubleLine Income Solutions Fund buyer in Q1 2016 was McGowan Group Asset Management, an estimated $254M added.
- The largest DoubleLine Income Solutions Fund seller in Q1 2016 was 1832 Asset Management, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2016.