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DSL

DoubleLine Income Solutions Fund

161 hedge funds and large institutions have $283M invested in DoubleLine Income Solutions Fund in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 57 increasing their positions, 53 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.37% more ownership

Funds ownership: 20.76%22.13% (+1.4%)

8% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 53

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

8% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 25

2% less funds holding

Funds holding: 165161 (-4)

32% less capital invested

Capital invested by funds: $416M → $283M (-$133M)

97% less call options, than puts

Call options by funds: $30K | Put options by funds: $944K

Holders
161
Holders Change
-4
Holders Change %
-2.42%
% of All Funds
3.55%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
23
Increased
57
Reduced
53
Closed
25
Calls
$30K
Puts
$944K
Net Calls
-$914K
Net Calls Change
-$918K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$44.6M +$6.3M +343,022 +11%
UBS Group
2
UBS Group
Switzerland
$32.1M -$21.6M -1,177,888 -33%
MGAM
3
McGowan Group Asset Management
Texas
$31.3M +$9.6M +522,590 +29%
Bank of America
4
Bank of America
North Carolina
$12.9M -$2.56M -139,115 -13%
Invesco
5
Invesco
Georgia
$11.8M +$2.36M +128,547 +17%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$10.9M +$347K +18,866 +2%
Wells Fargo
7
Wells Fargo
California
$9.52M -$257K -13,966 -2%
CA
8
Cornerstone Advisory
Maryland
$9.11M +$639K +34,810 +5%
Stifel Financial
9
Stifel Financial
Missouri
$6.53M +$3.66M +199,401 +69%
EW
10
Evoke Wealth
California
$5.48M -$4.5M -244,924 -37%
LPL Financial
11
LPL Financial
California
$4.91M +$702K +38,216 +12%
LCM
12
Landscape Capital Management
New Jersey
$4.82M +$6.63M +360,965 New
SXL
13
Summit X LLC
Missouri
$4.49M +$2.06M +112,289 +50%
HKAM
14
Horizon Kinetics Asset Management
New York
$4.49M -$3.98M -216,902 -39%
PCM
15
Penserra Capital Management
California
$4.42M -$105K -5,735 -2%
PPA
16
Parametric Portfolio Associates
Washington
$4.33M +$5.96M +324,547 New
Ameriprise
17
Ameriprise
Minnesota
$4.18M -$699K -38,056 -11%
ECM
18
Evergreen Capital Management
Washington
$3.95M +$5.44M +296,022 New
RJFSA
19
Raymond James Financial Services Advisors
Florida
$3.95M +$3.66M +199,102 +206%
Truist Financial
20
Truist Financial
North Carolina
$3.53M +$689K +37,498 +17%
Osaic Holdings
21
Osaic Holdings
Arizona
$3.49M +$27.7M +1,507,490 New
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$3.09M -$307K -16,709 -7%
Cohen & Steers
23
Cohen & Steers
New York
$2.66M +$94.2K +5,126 +3%
PWC
24
PYA Waltman Capital
Tennessee
$2.63M -$119K -6,492 -3%
First Trust Advisors
25
First Trust Advisors
Illinois
$2.35M -$1.02M -55,724 -24%

DSL Hedge Fund Activity: Q1 2020 in Review

161 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q1 2020, worth a combined $283M — down 32% from $416M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of DSL and 23 opened new positions — a net loss of 2 holders — while 53 trimmed existing stakes and 57 added.

The largest buyer was McGowan Group Asset Management, adding an estimated $9.6M. The largest seller was UBS Group, cutting an estimated $21.6M.

  • 161 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q1 2020, down from 165 in Q4 2019.
  • Funds reported $283M of DoubleLine Income Solutions Fund stock for Q1 2020, down 32% quarter-over-quarter.
  • 23 funds opened new DoubleLine Income Solutions Fund positions in Q1 2020 and 25 closed out, a net change of -2 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q1 2020 was McGowan Group Asset Management, an estimated $9.6M added.
  • The largest DoubleLine Income Solutions Fund seller in Q1 2020 was UBS Group, an estimated $21.6M sold.

Based on aggregated 13F filings for Q1 2020.