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DSL

DoubleLine Income Solutions Fund

128 hedge funds and large institutions have $451M invested in DoubleLine Income Solutions Fund in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 49 increasing their positions, 42 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 42

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

4% less capital invested

Capital invested by funds: $470M → $451M (-$19.7M)

1.19% less ownership

Funds ownership: 23.21%22.03% (-1.2%)

8% less funds holding

Funds holding: 139128 (-11)

41% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 22

96% less call options, than puts

Call options by funds: $30K | Put options by funds: $741K

Holders
128
Holders Change
-11
Holders Change %
-7.91%
% of All Funds
2.93%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
13
Increased
49
Reduced
42
Closed
22
Calls
$30K
Puts
$741K
Net Calls
-$711K
Net Calls Change
-$1.34M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$80.7M -$649K -32,085 -0.8%
Morgan Stanley
2
Morgan Stanley
New York
$59.1M -$1.41M -69,587 -2%
MGAM
3
McGowan Group Asset Management
Texas
$39.8M -$360K -17,788 -0.9%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$25.4M +$1.21M +60,009 +5%
Bank of America
5
Bank of America
North Carolina
$23.5M -$1.71M -84,287 -7%
Invesco
6
Invesco
Georgia
$21.5M -$3.96M -195,946 -16%
HK
7
Horizon Kinetics
New York
$17.8M -$537K -26,532 -3%
Wells Fargo
8
Wells Fargo
California
$16.2M +$679K +33,555 +4%
Bank of Montreal
9
Bank of Montreal
Ontario, Canada
$13.6M -$1.25K -62 -0%
JMPWA
10
JP Morgan Private Wealth Advisors
California
$12.1M +$1.29M +63,761 +12%
VIA
11
Vident Investment Advisory
Georgia
$8.88M +$341K +16,834 +4%
Stifel Financial
12
Stifel Financial
Missouri
$8.37M +$1.22M +60,409 +17%
Ameriprise
13
Ameriprise
Minnesota
$6.56M +$1.71M +84,460 +35%
GC
14
Guggenheim Capital
Illinois
$6.14M -$39.5K -1,950 -0.6%
AAM
15
Advisors Asset Management
Colorado
$5.56M -$137K -6,793 -2%
Cohen & Steers
16
Cohen & Steers
New York
$4.76M
First Trust Advisors
17
First Trust Advisors
Illinois
$4.73M +$151K +7,472 +3%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$4.52M +$769K +38,018 +20%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$4.29M +$2.15M +106,268 +100%
SXL
20
Summit X LLC
Missouri
$4.2M -$213K -10,504 -5%
PAG
21
Private Advisor Group
New Jersey
$4.09M +$2.32M +114,786 +131%
RJA
22
Raymond James & Associates
Florida
$3.71M +$208K +10,278 +6%
AG
23
Advisor Group
Arizona
$3.7M +$758K +37,443 +26%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$3.44M +$17K +842 +0.5%
CA
25
Cornerstone Advisory
Maryland
$2.84M +$1.58M +77,969 +125%

DSL Hedge Fund Activity: Q3 2018 in Review

128 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q3 2018, worth a combined $451M — down 4.2% from $470M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of DSL and 13 opened new positions — a net loss of 9 holders — while 42 trimmed existing stakes and 49 added.

The largest buyer was Private Advisor Group, adding an estimated $2.32M. The largest seller was Oxbow Advisors, exiting entirely with an estimated $11.7M sold.

  • 128 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q3 2018, down from 139 in Q2 2018.
  • Funds reported $451M of DoubleLine Income Solutions Fund stock for Q3 2018, down 4.2% quarter-over-quarter.
  • 13 funds opened new DoubleLine Income Solutions Fund positions in Q3 2018 and 22 closed out, a net change of -9 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q3 2018 was Private Advisor Group, an estimated $2.32M added.
  • The largest DoubleLine Income Solutions Fund seller in Q3 2018 was Oxbow Advisors, an estimated $11.7M sold.

Based on aggregated 13F filings for Q3 2018.