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DSL

DoubleLine Income Solutions Fund

139 hedge funds and large institutions have $470M invested in DoubleLine Income Solutions Fund in 2018 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 56 increasing their positions, 39 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

151% more call options, than puts

Call options by funds: $1.04M | Put options by funds: $416K

44% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 39

31% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 16

4% more funds holding

Funds holding: 134139 (+5)

0.32% less ownership

Funds ownership: 23.53%23.21% (-0.32%)

2% less capital invested

Capital invested by funds: $482M → $470M (-$11.3M)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
139
Holders Change
+5
Holders Change %
+3.73%
% of All Funds
3.18%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
21
Increased
56
Reduced
39
Closed
16
Calls
$1.04M
Puts
$416K
Net Calls
+$627K
Net Calls Change
+$185K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$80.5M +$580K +28,734 +0.7%
Morgan Stanley
2
Morgan Stanley
New York
$59.9M +$695K +34,436 +1%
MGAM
3
McGowan Group Asset Management
Texas
$39.7M -$155K -7,698 -0.4%
Invesco
4
Invesco
Georgia
$25.2M +$2.6M +128,779 +11%
Bank of America
5
Bank of America
North Carolina
$24.9M +$1.45M +71,731 +6%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$24M +$290K +14,382 +1%
HK
7
Horizon Kinetics
New York
$18.2M +$386K +19,106 +2%
Wells Fargo
8
Wells Fargo
California
$15.4M +$452K +22,404 +3%
Bank of Montreal
9
Bank of Montreal
Ontario, Canada
$13.5M +$4.54K +225 +0%
OA
10
Oxbow Advisors
Texas
$11.7M +$11.9M +587,427 New
JMPWA
11
JP Morgan Private Wealth Advisors
California
$10.7M +$182K +9,017 +2%
VIA
12
Vident Investment Advisory
Georgia
$8.45M +$243K +12,018 +3%
Stifel Financial
13
Stifel Financial
Missouri
$7.09M +$891K +44,146 +14%
GC
14
Guggenheim Capital
Illinois
$6.11M -$2.26M -111,783 -27%
AAM
15
Advisors Asset Management
Colorado
$5.64M +$609K +30,164 +12%
1832 Asset Management
16
1832 Asset Management
Ontario, Canada
$5.13M +$38.3K +1,898 +0.7%
Bessemer Group
17
Bessemer Group
New Jersey
$5.09M -$1.51M -75,000 -23%
Ameriprise
18
Ameriprise
Minnesota
$4.81M +$108K +5,333 +2%
Cohen & Steers
19
Cohen & Steers
New York
$4.71M +$267K +13,218 +6%
First Trust Advisors
20
First Trust Advisors
Illinois
$4.53M +$542K +26,840 +13%
JIP
21
Jaffetilchin Investment Partners
Florida
$4.4M +$69.4K +3,439 +2%
SXL
22
Summit X LLC
Missouri
$4.37M +$63.9K +3,168 +1%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$3.73M
RJA
24
Raymond James & Associates
Florida
$3.46M +$40.8K +2,022 +1%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$3.38M -$75.5K -3,738 -2%

DSL Hedge Fund Activity: Q2 2018 in Review

139 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q2 2018, worth a combined $470M — down 2.3% from $482M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new DSL positions and 16 closed out — a net gain of 5 holders — while 56 added to existing stakes and 39 trimmed.

The largest buyer was Oxbow Advisors, opening a new position worth an estimated $11.9M. The largest seller was Cedar Hill Associates, cutting an estimated $9.2M.

  • 139 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q2 2018, up from 134 in Q1 2018.
  • Funds reported $470M of DoubleLine Income Solutions Fund stock for Q2 2018, down 2.3% quarter-over-quarter.
  • 21 funds opened new DoubleLine Income Solutions Fund positions in Q2 2018 and 16 closed out, a net change of +5 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q2 2018 was Oxbow Advisors, an estimated $11.9M added.
  • The largest DoubleLine Income Solutions Fund seller in Q2 2018 was Cedar Hill Associates, an estimated $9.2M sold.

Based on aggregated 13F filings for Q2 2018.