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DSL

DoubleLine Income Solutions Fund

151 hedge funds and large institutions have $403M invested in DoubleLine Income Solutions Fund in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 62 increasing their positions, 48 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 48

17% more call options, than puts

Call options by funds: $1.15M | Put options by funds: $978K

16% more capital invested

Capital invested by funds: $347M → $403M (+$56.3M)

1.24% more ownership

Funds ownership: 20.54%21.78% (+1.2%)

7% less funds holding

Funds holding: 163151 (-12)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

36% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 22

Holders
151
Holders Change
-12
Holders Change %
-7.36%
% of All Funds
2.65%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
14
Increased
62
Reduced
48
Closed
22
Calls
$1.15M
Puts
$978K
Net Calls
+$171K
Net Calls Change
+$181K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$57.4M +$6.26M +361,795 +13%
MGAM
2
McGowan Group Asset Management
Texas
$46M +$890K +51,409 +2%
UBS Group
3
UBS Group
Switzerland
$34.8M +$830K +47,978 +3%
Wells Fargo
4
Wells Fargo
California
$26.6M +$5.47M +315,819 +27%
Invesco
5
Invesco
Georgia
$23.1M +$5.35M +308,954 +32%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$18.9M +$2.03M +117,360 +13%
Stifel Financial
7
Stifel Financial
Missouri
$15.5M -$3.09M -178,726 -17%
PCM
8
Penserra Capital Management
California
$14.9M +$7.47M +431,427 +111%
Bank of America
9
Bank of America
North Carolina
$13.8M -$288K -16,640 -2%
Cohen & Steers
10
Cohen & Steers
New York
$10.5M +$6.86M +396,497 +221%
SIA
11
Sit Investment Associates
Minnesota
$9.16M +$3.1M +179,146 +55%
LPL Financial
12
LPL Financial
California
$8M +$128K +7,372 +2%
ECM
13
Evergreen Capital Management
Washington
$5.18M -$19.1K -1,102 -0.4%
Osaic Holdings
14
Osaic Holdings
Arizona
$4.8M +$1.38M +79,921 +43%
HKAM
15
Horizon Kinetics Asset Management
New York
$4.21M -$291K -16,842 -7%
PWC
16
PYA Waltman Capital
Tennessee
$4.12M +$349K +20,176 +10%
FFA
17
First Foundation Advisors
California
$3.66M -$311K -17,991 -8%
First Trust Advisors
18
First Trust Advisors
Illinois
$3.52M +$212K +12,240 +7%
IP
19
Intellectus Partners
California
$3.32M -$306K -17,708 -9%
CA
20
Cornerstone Advisory
Maryland
$3.26M -$5.01M -289,361 -62%
MPCG
21
Matrix Private Capital Group
New York
$3.18M +$473K +27,352 +19%
N
22
Natixis
France
$3.18M +$647K +37,384 +27%
Truist Financial
23
Truist Financial
North Carolina
$3.02M +$84.9K +4,904 +3%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$2.97M -$128K -7,407 -4%
SXL
25
Summit X LLC
Missouri
$2.86M -$179K -10,347 -6%

DSL Hedge Fund Activity: Q1 2021 in Review

151 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in DoubleLine Income Solutions Fund (DSL) for Q1 2021, worth a combined $403M — up 16% from $347M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of DSL and 14 opened new positions — a net loss of 8 holders — while 48 trimmed existing stakes and 62 added.

The largest buyer was Penserra Capital Management, adding an estimated $7.47M. The largest seller was Cornerstone Advisory, cutting an estimated $5.01M.

  • 151 institutional investors held DoubleLine Income Solutions Fund (DSL) as of Q1 2021, down from 163 in Q4 2020.
  • Funds reported $403M of DoubleLine Income Solutions Fund stock for Q1 2021, up 16% quarter-over-quarter.
  • 14 funds opened new DoubleLine Income Solutions Fund positions in Q1 2021 and 22 closed out, a net change of -8 holders.
  • The largest DoubleLine Income Solutions Fund buyer in Q1 2021 was Penserra Capital Management, an estimated $7.47M added.
  • The largest DoubleLine Income Solutions Fund seller in Q1 2021 was Cornerstone Advisory, an estimated $5.01M sold.

Based on aggregated 13F filings for Q1 2021.