We are live on ! Find out more
OPP

RiverNorth/DoubleLine Strategic Opportunity Fund
OPP

42 hedge funds and large institutions have $50.9M invested in RiverNorth/DoubleLine Strategic Opportunity Fund in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 16

0% less capital invested

Capital invested by funds: $51.1M → $50.9M (-$217K)

3.11% less ownership

Funds ownership: 36.74% → 33.63% (-3.1%)

19% less funds holding

Funds holding: 52 → 42 (-10)

83% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 12

Holders
42
Holders Change
-10
Holders Change %
-19.23%
% of All Funds
0.86%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
2
Increased
17
Reduced
16
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MSAM
Moloney Securities Asset Management
Missouri
+$1.43M
2
FM
Family Management
New York
+$880K
3
FFA
First Foundation Advisors
California
+$692K
4
TJHA
Thomas J. Herzfeld Advisors
Florida
+$340K
5
PAIM
Punch & Associates Investment Management
Minnesota
+$199K

Top Sellers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
-$2.31M
2
SCM
Saba Capital Management
New York
-$1.04M
3
ICM
Ionic Capital Management
New York
-$629K
4
UBS Group
UBS Group
Switzerland
-$624K
5
SFS
Shaker Financial Services
Virginia
-$483K
Name Holding Trade Value Shares
Change 		Change in
Stake
WAP
26
Wealthcare Advisory Partners
Pennsylvania
$399K +$2.4K +181 +0.6%
FG
27
Fiduciary Group
Georgia
$364K -$57.3K -4,334 -14%
Osaic Holdings
28
Osaic Holdings
Arizona
$296K -$11.2K -850 -4%
CIBC Private Wealth Group
29
CIBC Private Wealth Group
Georgia
$296K +$65.3K +4,935 +30%
YCM
30
Yakira Capital Management
Connecticut
$230K – – –
AWM
31
AE Wealth Management
Kansas
$221K +$23.2K +1,750 +12%
AW
32
ACG Wealth
Georgia
$174K – – –
RJFSA
33
Raymond James Financial Services Advisors
Florida
$145K +$106 +8 +0.1%
Rockefeller Capital Management
34
Rockefeller Capital Management
New York
$90K +$20.1K +1,518 +30%
FWM
35
FSA Wealth Management
Massachusetts
$74K +$71K +5,364 New
PAG
36
Private Advisor Group
New Jersey
$56K +$53.6K +4,048 New
Citigroup
37
Citigroup
New York
$22K +$1.14K +86 +6%
FMP
38
Financial Management Professionals
Texas
$14K – – –
Northwestern Mutual Wealth Management
39
Northwestern Mutual Wealth Management
Wisconsin
$8K – – –
PAM
40
Panagora Asset Management
Massachusetts
$8K – – –
TFS
41
TrustCore Financial Services
Tennessee
$3K – – –
SCM
42
Saba Capital Management
New York
– -$1.04M -82,623 Closed
SFS
43
Shaker Financial Services
Virginia
– -$483K -38,169 Closed
SF
44
Synovus Financial
Georgia
– -$285K -22,560 Closed
SFA
45
Sequoia Financial Advisors
Ohio
– -$268K -21,151 Closed
LCM
46
Landscape Capital Management
New Jersey
– -$262K -20,750 Closed
CGA
47
Crescent Grove Advisors
Illinois
– -$172K -13,617 Closed
AFP
48
Ausdal Financial Partners
Iowa
– -$130K -10,120 Closed
CAN
49
Claraphi Advisory Network
United States
– -$41K -3,264 Closed
ASN
50
Advisory Services Network
Georgia
– -$25K -1,999 Closed
1
2
3

OPP Hedge Fund Activity: Q2 2020 in Review

42 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) for Q2 2020, worth a combined $50.9M — down 0.42% from $51.1M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of OPP and 2 opened new positions — a net loss of 10 holders — while 16 trimmed existing stakes and 17 added.

The largest buyer was Moloney Securities Asset Management, adding an estimated $1.43M. The largest seller was Sit Investment Associates, cutting an estimated $2.31M.

  • 42 institutional investors held RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) as of Q2 2020, down from 52 in Q1 2020.
  • Funds reported $50.9M of RiverNorth/DoubleLine Strategic Opportunity Fund stock for Q2 2020, down 0.42% quarter-over-quarter.
  • 2 funds opened new RiverNorth/DoubleLine Strategic Opportunity Fund positions in Q2 2020 and 12 closed out, a net change of -10 holders.
  • The largest RiverNorth/DoubleLine Strategic Opportunity Fund buyer in Q2 2020 was Moloney Securities Asset Management, an estimated $1.43M added.
  • The largest RiverNorth/DoubleLine Strategic Opportunity Fund seller in Q2 2020 was Sit Investment Associates, an estimated $2.31M sold.

Based on aggregated 13F filings for Q2 2020.