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DSL

DoubleLine Income Solutions Fund

110 hedge funds and large institutions have $462M invested in DoubleLine Income Solutions Fund in 2016 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 43 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 8

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

11% more funds holding

Funds holding: 99110 (+11)

8% more capital invested

Capital invested by funds: $426M → $462M (+$35.4M)

15.99% less ownership

Funds ownership: 40.8%24.82% (-16%)

30% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 43

Holders
110
Holders Change
+11
Holders Change %
+11.11%
% of All Funds
2.93%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
19
Increased
30
Reduced
43
Closed
8
Calls
$222K
Puts
Net Calls
+$222K
Net Calls Change
+$222K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$74.8M +$5.64M +316,338 +8%
Morgan Stanley
2
Morgan Stanley
New York
$58.7M -$1.55M -86,670 -3%
MGAM
3
McGowan Group Asset Management
Texas
$34.7M -$278M -15,561,048 -89%
Bank of America
4
Bank of America
North Carolina
$33M -$1.29M -72,564 -4%
Invesco
5
Invesco
Georgia
$19M +$793K +44,430 +4%
TT
6
Tiedemann Trust
Delaware
$19M -$11.3M -634,200 -38%
Bessemer Group
7
Bessemer Group
New Jersey
$16.5M -$5.89M -330,000 -27%
Bank of Montreal
8
Bank of Montreal
Ontario, Canada
$12.7M +$4.77M +267,497 +63%
Wells Fargo
9
Wells Fargo
California
$12.6M -$2.12M -118,877 -15%
OA
10
Oxbow Advisors
Texas
$12M +$11.4M +636,241 +3,637%
HK
11
Horizon Kinetics
New York
$11M +$87.2K +4,887 +0.8%
FFA
12
First Foundation Advisors
California
$9.76M -$79.7K -4,466 -0.8%
LPL Financial
13
LPL Financial
California
$9.59M -$6.33M -354,979 -41%
WT
14
Whittier Trust
California
$9.58M +$589K +33,003 +7%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$9.4M +$1.81M +101,313 +25%
CHA
16
Cedar Hill Associates
Illinois
$7.15M +$1.13M +63,450 +19%
JMPWA
17
JP Morgan Private Wealth Advisors
California
$6.12M -$204K -11,460 -3%
PMLI
18
Penn Mutual Life Insurance
Pennsylvania
$5.16M
Stifel Financial
19
Stifel Financial
Missouri
$5.08M +$656K +36,743 +15%
HighTower Advisors
20
HighTower Advisors
Illinois
$4.56M -$40.5K -2,270 -0.9%
Cohen & Steers
21
Cohen & Steers
New York
$4.45M +$1.81M +101,683 +72%
GC
22
Guggenheim Capital
Illinois
$4.36M +$446K +25,007 +12%
VIA
23
Vident Investment Advisory
Georgia
$4.14M -$3.1M -173,623 -43%
JIP
24
Jaffetilchin Investment Partners
Florida
$4.09M -$10.5K -589 -0.3%
FM
25
Foster & Motley
Ohio
$3.95M -$241K -13,518 -6%

DSL Hedge Fund Activity: Q2 2016 in Review

110 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q2 2016, worth a combined $462M — up 8.3% from $426M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new DSL positions and 8 closed out — a net gain of 11 holders — while 30 added to existing stakes and 43 trimmed.

The largest buyer was Oxbow Advisors, adding an estimated $11.4M. The largest seller was McGowan Group Asset Management, cutting an estimated $278M.

  • 110 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q2 2016, up from 99 in Q1 2016.
  • Funds reported $462M of DoubleLine Income Solutions Fund stock for Q2 2016, up 8.3% quarter-over-quarter.
  • 19 funds opened new DoubleLine Income Solutions Fund positions in Q2 2016 and 8 closed out, a net change of +11 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q2 2016 was Oxbow Advisors, an estimated $11.4M added.
  • The largest DoubleLine Income Solutions Fund seller in Q2 2016 was McGowan Group Asset Management, an estimated $278M sold.

Based on aggregated 13F filings for Q2 2016.