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DSL

DoubleLine Income Solutions Fund

138 hedge funds and large institutions have $437M invested in DoubleLine Income Solutions Fund in 2019 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 50 increasing their positions, 41 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

498% more call options, than puts

Call options by funds: $1.96M | Put options by funds: $328K

22% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 41

9% more capital invested

Capital invested by funds: $400M → $437M (+$37M)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

1.09% less ownership

Funds ownership: 22.75%21.66% (-1.1%)

6% less funds holding

Funds holding: 147138 (-9)

16% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 25

Holders
138
Holders Change
-9
Holders Change %
-6.12%
% of All Funds
2.99%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
21
Increased
50
Reduced
41
Closed
25
Calls
$1.96M
Puts
$328K
Net Calls
+$1.64M
Net Calls Change
+$1.58M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$80.3M +$4.46M +230,257 +6%
Morgan Stanley
2
Morgan Stanley
New York
$57.1M +$712K +36,788 +1%
MGAM
3
McGowan Group Asset Management
Texas
$39.2M +$156K +8,040 +0.4%
CA
4
Cornerstone Advisory
Maryland
$24.1M +$1.5M +77,489 +7%
Bank of America
5
Bank of America
North Carolina
$22.2M +$583K +30,085 +3%
Wells Fargo
6
Wells Fargo
California
$16.6M +$401K +20,727 +3%
HKAM
7
Horizon Kinetics Asset Management
New York
$16.3M +$15.8M +816,770 New
Invesco
8
Invesco
Georgia
$16.2M -$5.31M -274,376 -25%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$15M -$1.75M -90,288 -11%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$13.5M
VIA
11
Vident Investment Advisory
Georgia
$9.71M +$1.05M +54,449 +13%
Stifel Financial
12
Stifel Financial
Missouri
$6.36M -$1.35M -69,533 -18%
Ameriprise
13
Ameriprise
Minnesota
$5.71M +$322K +16,626 +6%
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$5.14M +$564K +29,118 +13%
SXL
15
Summit X LLC
Missouri
$5.07M +$140K +7,230 +3%
First Trust Advisors
16
First Trust Advisors
Illinois
$4.5M +$236K +12,181 +6%
Cohen & Steers
17
Cohen & Steers
New York
$4.43M -$70.7K -3,649 -2%
FCA
18
Florence Capital Advisors
New York
$4.41M -$41.4K -2,136 -1%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$4.36M +$103K +5,330 +3%
GC
20
Guggenheim Capital
Illinois
$4.07M -$477K -24,643 -11%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$3.91M +$1.13M +58,184 +42%
PAG
22
Private Advisor Group
New Jersey
$3.82M +$135K +6,975 +4%
AG
23
Advisor Group
Arizona
$3.57M +$97K +5,012 +3%
LPL Financial
24
LPL Financial
California
$3.38M +$644K +33,240 +24%
IP
25
Intellectus Partners
California
$3.28M +$3.19M +164,662 New

DSL Hedge Fund Activity: Q1 2019 in Review

138 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q1 2019, worth a combined $437M — up 9.2% from $400M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of DSL and 21 opened new positions — a net loss of 4 holders — while 41 trimmed existing stakes and 50 added.

The largest buyer was UBS Group, adding an estimated $4.46M. The largest seller was Invesco, cutting an estimated $5.31M.

  • 138 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q1 2019, down from 147 in Q4 2018.
  • Funds reported $437M of DoubleLine Income Solutions Fund stock for Q1 2019, up 9.2% quarter-over-quarter.
  • 21 funds opened new DoubleLine Income Solutions Fund positions in Q1 2019 and 25 closed out, a net change of -4 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q1 2019 was UBS Group, an estimated $4.46M added.
  • The largest DoubleLine Income Solutions Fund seller in Q1 2019 was Invesco, an estimated $5.31M sold.

Based on aggregated 13F filings for Q1 2019.