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DSL

DoubleLine Income Solutions Fund

124 hedge funds and large institutions have $480M invested in DoubleLine Income Solutions Fund in 2017 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 55 increasing their positions, 30 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 30

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

2% more funds holding

Funds holding: 122124 (+2)

0.89% less ownership

Funds ownership: 23.8%22.91% (-0.89%)

1% less capital invested

Capital invested by funds: $484M → $480M (-$4.49M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $231K

Holders
124
Holders Change
+2
Holders Change %
+1.64%
% of All Funds
3.09%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.1%
New
19
Increased
55
Reduced
30
Closed
16
Calls
Puts
$231K
Net Calls
-$231K
Net Calls Change
-$732K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$90.4M +$3.07M +149,188 +4%
Morgan Stanley
2
Morgan Stanley
New York
$63.3M +$3.1M +150,283 +5%
MGAM
3
McGowan Group Asset Management
Texas
$40.9M +$429K +20,821 +1%
Bank of America
4
Bank of America
North Carolina
$25.2M +$823K +39,939 +3%
Invesco
5
Invesco
Georgia
$23.4M +$221K +10,748 +1%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$21.6M +$7.88M +382,598 +58%
Wells Fargo
7
Wells Fargo
California
$14.8M +$685K +33,253 +5%
Bessemer Group
8
Bessemer Group
New Jersey
$14.4M -$2.74M -133,000 -16%
Bank of Montreal
9
Bank of Montreal
Ontario, Canada
$14.1M -$2.92M -141,500 -17%
HK
10
Horizon Kinetics
New York
$12.6M +$1.06M +51,334 +9%
JMPWA
11
JP Morgan Private Wealth Advisors
California
$8.43M -$532K -25,829 -6%
VIA
12
Vident Investment Advisory
Georgia
$8.06M +$1.21M +58,664 +18%
FFA
13
First Foundation Advisors
California
$7.45M -$2.59M -125,894 -26%
GC
14
Guggenheim Capital
Illinois
$7.38M -$833K -40,411 -10%
WT
15
Whittier Trust
California
$5.92M -$310K -15,031 -5%
PMLI
16
Penn Mutual Life Insurance
Pennsylvania
$5.81M
Stifel Financial
17
Stifel Financial
Missouri
$5.31M -$476K -23,124 -8%
AAM
18
Advisors Asset Management
Colorado
$4.76M +$475K +23,076 +11%
FCA
19
Florence Capital Advisors
New York
$4.55M
FIM
20
Frontier Investment Management
Texas
$3.77M -$99.1K -4,810 -3%
Cohen & Steers
21
Cohen & Steers
New York
$3.73M -$3.23M -156,633 -46%
SXL
22
Summit X LLC
Missouri
$3.73M +$3.72M +180,338 New
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$3.29M +$60.4K +2,932 +2%
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$3.28M +$101K +4,917 +3%
HighTower Advisors
25
HighTower Advisors
Illinois
$3.19M -$1.91M -92,529 -37%

DSL Hedge Fund Activity: Q2 2017 in Review

124 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q2 2017, worth a combined $480M — down 0.93% from $484M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new DSL positions and 16 closed out — a net gain of 3 holders — while 55 added to existing stakes and 30 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $7.88M. The largest seller was LPL Financial, cutting an estimated $12.3M.

  • 124 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q2 2017, up from 122 in Q1 2017.
  • Funds reported $480M of DoubleLine Income Solutions Fund stock for Q2 2017, down 0.93% quarter-over-quarter.
  • 19 funds opened new DoubleLine Income Solutions Fund positions in Q2 2017 and 16 closed out, a net change of +3 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q2 2017 was Royal Bank of Canada, an estimated $7.88M added.
  • The largest DoubleLine Income Solutions Fund seller in Q2 2017 was LPL Financial, an estimated $12.3M sold.

Based on aggregated 13F filings for Q2 2017.