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DSL

DoubleLine Income Solutions Fund

146 hedge funds and large institutions have $407M invested in DoubleLine Income Solutions Fund in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 42 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

190% more call options, than puts

Call options by funds: $2.05M | Put options by funds: $705K

24% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 42

13% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 16

1% more funds holding

Funds holding: 145146 (+1)

0.85% less ownership

Funds ownership: 21.17%20.32% (-0.85%)

4% less capital invested

Capital invested by funds: $427M → $407M (-$19.2M)

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
146
Holders Change
+1
Holders Change %
+0.69%
% of All Funds
3.2%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
18
Increased
52
Reduced
42
Closed
16
Calls
$2.05M
Puts
$705K
Net Calls
+$1.34M
Net Calls Change
+$86K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$73M -$1.03M -51,556 -1%
Morgan Stanley
2
Morgan Stanley
New York
$60.7M +$2.7M +135,294 +5%
MGAM
3
McGowan Group Asset Management
Texas
$35.5M -$184K -9,186 -0.5%
Bank of America
4
Bank of America
North Carolina
$23.1M +$1.03M +51,342 +5%
Invesco
5
Invesco
Georgia
$15.9M +$990K +49,547 +7%
CA
6
Cornerstone Advisory
Maryland
$15.7M -$684K -34,230 -4%
HKAM
7
Horizon Kinetics Asset Management
New York
$15.3M -$874K -43,726 -5%
Wells Fargo
8
Wells Fargo
California
$14.5M +$699K +34,956 +5%
EW
9
Evoke Wealth
California
$12.5M +$12.6M +629,950 New
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$12M -$1.85M -92,426 -13%
VIA
11
Vident Investment Advisory
Georgia
$10.4M +$591K +29,580 +6%
Ameriprise
12
Ameriprise
Minnesota
$7.01M +$613K +30,695 +10%
Stifel Financial
13
Stifel Financial
Missouri
$5.42M +$364K +18,221 +7%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$4.91M +$548K +27,402 +13%
First Trust Advisors
15
First Trust Advisors
Illinois
$4.64M +$152K +7,629 +3%
LTFS
16
Ladenburg Thalmann Financial Services
Florida
$4.57M +$222K +11,083 +5%
SXL
17
Summit X LLC
Missouri
$4.52M -$501K -25,058 -10%
Cohen & Steers
18
Cohen & Steers
New York
$4.43M
LPL Financial
19
LPL Financial
California
$4.24M +$661K +33,070 +18%
PAG
20
Private Advisor Group
New Jersey
$3.78M -$3.88M -194,335 -51%
IP
21
Intellectus Partners
California
$3.7M +$108K +5,400 +3%
IWA
22
IBEX Wealth Advisors
New Jersey
$3.61M +$190K +9,527 +6%
AG
23
Advisor Group
Arizona
$3.33M -$264K -13,222 -7%
CAN
24
Cetera Advisor Networks
California
$2.85M -$81.2K -4,064 -3%
GC
25
Guggenheim Capital
Illinois
$2.55M -$762K -38,105 -23%

DSL Hedge Fund Activity: Q3 2019 in Review

146 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q3 2019, worth a combined $407M — down 4.5% from $427M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new DSL positions and 16 closed out — a net gain of 2 holders — while 52 added to existing stakes and 42 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $2.7M. The largest seller was Bank of Montreal, cutting an estimated $13.6M.

  • 146 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q3 2019, up from 145 in Q2 2019.
  • Funds reported $407M of DoubleLine Income Solutions Fund stock for Q3 2019, down 4.5% quarter-over-quarter.
  • 18 funds opened new DoubleLine Income Solutions Fund positions in Q3 2019 and 16 closed out, a net change of +2 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q3 2019 was Morgan Stanley, an estimated $2.7M added.
  • The largest DoubleLine Income Solutions Fund seller in Q3 2019 was Bank of Montreal, an estimated $13.6M sold.

Based on aggregated 13F filings for Q3 2019.