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OPP

RiverNorth/DoubleLine Strategic Opportunity Fund
OPP

37 hedge funds and large institutions have $32.8M invested in RiverNorth/DoubleLine Strategic Opportunity Fund in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 11

2% more capital invested

Capital invested by funds: $32.3M → $32.8M (+$508K)

0% more funds holding

Funds holding: 37 → 37 (0)

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

0.58% less ownership

Funds ownership: 15.14% → 14.56% (-0.58%)

Holders
37
Holders Change
–
Holders Change %
0%
% of All Funds
0.65%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
17
Reduced
11
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CA
Cetera Advisors
Colorado
+$824K
2
SIA
Sit Investment Associates
Minnesota
+$774K
3
CF
Centaurus Financial
California
+$563K
4
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$461K
5
NWA
Navis Wealth Advisors
New York
+$423K

Top Sellers

Rank Fund Capital Flow
1
Baird Financial Group
Baird Financial Group
Wisconsin
-$695K
2
FFA
First Foundation Advisors
California
-$641K
3
Stifel Financial
Stifel Financial
Missouri
-$529K
4
Wells Fargo
Wells Fargo
California
-$113K
5
ASN
Advisory Services Network
Georgia
-$43K
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
26
Bank of America
North Carolina
$257K -$29.6K -1,919 -10%
BRWM
27
B. Riley Wealth Management
Tennessee
$248K – – –
RJFSA
28
Raymond James Financial Services Advisors
Florida
$228K +$5.95K +386 +2%
MF
29
Manchester Financial
California
$211K -$509 -33 -0.2%
RJA
30
Raymond James & Associates
Florida
$188K +$20.3K +1,316 +11%
KPWS
31
Kestra Private Wealth Services
Texas
$146K +$156K +10,120 New
Rockefeller Capital Management
32
Rockefeller Capital Management
New York
$94K – – –
Citigroup
33
Citigroup
New York
$12K -$12.5K -810 -49%
GWM
34
Geneos Wealth Management
Colorado
$9K +$7.8K +506 +312%
FMP
35
Financial Management Professionals
Texas
$7K – – –
FF
36
FourThought Financial
Florida
$2K – – –
ASN
37
Advisory Services Network
Georgia
– -$43K -2,807 Closed
CWC
38
Carolinas Wealth Consulting
North Carolina
– -$39K -2,551 Closed
VRM
39
Vectors Research Management
New York
– -$9K -607 Closed
PAM
40
Panagora Asset Management
Massachusetts
– -$1K -50 Closed
Fidelity Investments
41
Fidelity Investments
Massachusetts
– +$15 +1 New
1
2

OPP Hedge Fund Activity: Q3 2021 in Review

37 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) for Q3 2021, worth a combined $32.8M — up 1.6% from $32.3M a quarter earlier.

Fund positioning in OPP was balanced in Q3 2021: 4 funds opened new positions, 4 closed out, 17 added to existing stakes and 11 trimmed.

The largest buyer was Cetera Advisors, adding an estimated $824K. The largest seller was Baird Financial Group, cutting an estimated $695K.

  • 37 institutional investors held RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) as of Q3 2021, unchanged from Q2 2021.
  • Funds reported $32.8M of RiverNorth/DoubleLine Strategic Opportunity Fund stock for Q3 2021, up 1.6% quarter-over-quarter.
  • 4 funds opened new RiverNorth/DoubleLine Strategic Opportunity Fund positions in Q3 2021 and 4 closed out, a net change of 0 holders.
  • The largest RiverNorth/DoubleLine Strategic Opportunity Fund buyer in Q3 2021 was Cetera Advisors, an estimated $824K added.
  • The largest RiverNorth/DoubleLine Strategic Opportunity Fund seller in Q3 2021 was Baird Financial Group, an estimated $695K sold.

Based on aggregated 13F filings for Q3 2021.