DoubleLine Income Solutions Fund
122 hedge funds and large institutions have $484M invested in DoubleLine Income Solutions Fund in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 39 reducing their positions, and 23 closing their positions.
189% more call options, than puts
Call options by funds: $766K | Put options by funds: $265K
26% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 39
2% less capital invested
Capital invested by funds: $494M → $484M (-$9.73M)
1.88% less ownership
Funds ownership: 25.68% → 23.8% (-1.9%)
4% less funds holding
Funds holding: 127 → 122 (-5)
17% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 23
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.77M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.7M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.67M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.36M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$12.7M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$11.6M |
| 3 |
WT
Whittier Trust
South Pasadena,
California
|
-$5.19M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$2.99M |
| 5 |
TA
Tiedemann Advisors
New York
|
-$2.85M |
DSL Hedge Fund Activity: Q1 2017 in Review
122 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q1 2017, worth a combined $484M — down 2% from $494M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of DSL and 19 opened new positions — a net loss of 4 holders — while 39 trimmed existing stakes and 49 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.77M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $12.7M sold.
- 122 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q1 2017, down from 127 in Q4 2016.
- Funds reported $484M of DoubleLine Income Solutions Fund stock for Q1 2017, down 2% quarter-over-quarter.
- 19 funds opened new DoubleLine Income Solutions Fund positions in Q1 2017 and 23 closed out, a net change of -4 holders.
- The largest DoubleLine Income Solutions Fund buyer in Q1 2017 was Advisors Asset Management, an estimated $1.77M added.
- The largest DoubleLine Income Solutions Fund seller in Q1 2017 was Laurion Capital Management, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2017.