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DSL

DoubleLine Income Solutions Fund

145 hedge funds and large institutions have $427M invested in DoubleLine Income Solutions Fund in 2019 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 45 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

177% more call options, than puts

Call options by funds: $1.97M | Put options by funds: $711K

100% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 9

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

11% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 45

5% more funds holding

Funds holding: 138145 (+7)

0.49% less ownership

Funds ownership: 21.66%21.17% (-0.49%)

2% less capital invested

Capital invested by funds: $437M → $427M (-$10M)

Holders
145
Holders Change
+7
Holders Change %
+5.07%
% of All Funds
3.15%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.11%
New
18
Increased
50
Reduced
45
Closed
9
Calls
$1.97M
Puts
$711K
Net Calls
+$1.25M
Net Calls Change
-$380K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$74.2M -$6.34M -314,542 -8%
Morgan Stanley
2
Morgan Stanley
New York
$58.1M +$903K +44,806 +2%
MGAM
3
McGowan Group Asset Management
Texas
$38.8M -$475K -23,534 -1%
Bank of America
4
Bank of America
North Carolina
$22.1M -$141K -7,013 -0.6%
CA
5
Cornerstone Advisory
Maryland
$16.4M -$7.86M -389,802 -32%
HKAM
6
Horizon Kinetics Asset Management
New York
$16.2M -$99.2K -4,918 -0.6%
Invesco
7
Invesco
Georgia
$15M -$1.24M -61,328 -8%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$13.9M -$1.11M -55,102 -7%
Wells Fargo
9
Wells Fargo
California
$13.8M -$2.87M -142,330 -17%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$13.6M +$120K +5,973 +0.9%
VIA
11
Vident Investment Advisory
Georgia
$9.88M +$153K +7,585 +2%
PAG
12
Private Advisor Group
New Jersey
$7.67M +$3.89M +192,715 +101%
Ameriprise
13
Ameriprise
Minnesota
$6.42M +$700K +34,732 +12%
Stifel Financial
14
Stifel Financial
Missouri
$5.07M -$1.32M -65,269 -20%
SXL
15
Summit X LLC
Missouri
$5.05M -$16.5K -820 -0.3%
First Trust Advisors
16
First Trust Advisors
Illinois
$4.5M -$12.1K -600 -0.3%
Cohen & Steers
17
Cohen & Steers
New York
$4.44M
PNC Financial Services Group
18
PNC Financial Services Group
Pennsylvania
$4.41M +$41.3K +2,049 +0.9%
FCA
19
Florence Capital Advisors
New York
$4.4M -$20.2K -1,000 -0.5%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$4.37M +$462K +22,907 +12%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$4.36M -$800K -39,685 -15%
AG
22
Advisor Group
Arizona
$3.6M +$23K +1,139 +0.6%
IP
23
Intellectus Partners
California
$3.6M +$314K +15,551 +9%
LPL Financial
24
LPL Financial
California
$3.6M +$207K +10,282 +6%
IWA
25
IBEX Wealth Advisors
New Jersey
$3.43M +$727K +36,046 +27%

DSL Hedge Fund Activity: Q2 2019 in Review

145 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q2 2019, worth a combined $427M — down 2.3% from $437M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new DSL positions and 9 closed out — a net gain of 9 holders — while 50 added to existing stakes and 45 trimmed.

The largest buyer was Private Advisor Group, adding an estimated $3.89M. The largest seller was Cornerstone Advisory, cutting an estimated $7.86M.

  • 145 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q2 2019, up from 138 in Q1 2019.
  • Funds reported $427M of DoubleLine Income Solutions Fund stock for Q2 2019, down 2.3% quarter-over-quarter.
  • 18 funds opened new DoubleLine Income Solutions Fund positions in Q2 2019 and 9 closed out, a net change of +9 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q2 2019 was Private Advisor Group, an estimated $3.89M added.
  • The largest DoubleLine Income Solutions Fund seller in Q2 2019 was Cornerstone Advisory, an estimated $7.86M sold.

Based on aggregated 13F filings for Q2 2019.