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OPP

RiverNorth/DoubleLine Strategic Opportunity Fund
OPP

42 hedge funds and large institutions have $50.2M invested in RiverNorth/DoubleLine Strategic Opportunity Fund in 2021 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more capital invested

Capital invested by funds: $32.8M → $50.2M (+$17.4M)

14% more funds holding

Funds holding: 37 → 42 (+5)

4.37% more ownership

Funds ownership: 14.56% → 18.93% (+4.4%)

6% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 16

Holders
42
Holders Change
+5
Holders Change %
+13.51%
% of All Funds
0.65%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
15
Reduced
16
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$18M
2
CF
Centaurus Financial
California
+$1.94M
3
NA
NewEdge Advisors
Louisiana
+$1.17M
4
Invesco
Invesco
Georgia
+$659K
5
LPL Financial
LPL Financial
California
+$629K

Top Sellers

Rank Fund Capital Flow
1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$1.21M
2
CA
Cetera Advisors
Colorado
-$857K
3
UBS Group
UBS Group
Switzerland
-$213K
4
FFA
First Foundation Advisors
California
-$203K
5
SWM
SeaCrest Wealth Management
New York
-$154K
Name Holding Trade Value Shares
Change 		Change in
Stake
WWMSC
26
Wagner Wealth Management (South Carolina)
South Carolina
$240K -$12.8K -868 -5%
MF
27
Manchester Financial
California
$237K +$33.6K +2,282 +16%
RJA
28
Raymond James & Associates
Florida
$235K +$54K +3,673 +28%
Bank of America
29
Bank of America
North Carolina
$232K -$18.8K -1,279 -7%
RJFSA
30
Raymond James Financial Services Advisors
Florida
$215K -$8.24K -560 -4%
VF
31
Virtu Financial
New York
$158K +$166K +11,292 New
CFRPA
32
Castle Financial & Retirement Planning Associates
New Jersey
$155K +$164K +11,132 New
KPWS
33
Kestra Private Wealth Services
Texas
$147K +$4.88K +332 +3%
CA
34
CoreCap Advisors
Michigan
$133K +$140K +9,513 New
Rockefeller Capital Management
35
Rockefeller Capital Management
New York
$92K – – –
SM
36
SG3 Management
Puerto Rico
$68K +$71.5K +4,858 New
GWM
37
Geneos Wealth Management
Colorado
$9K – – –
FMP
38
Financial Management Professionals
Texas
$7K – – –
FF
39
FourThought Financial
Florida
$3K – – –
Citigroup
40
Citigroup
New York
$1K -$11.6K -786 -93%
FFG
41
Ford Financial Group
California
$824 -$265 -18 -0%
Fidelity Investments
42
Fidelity Investments
Massachusetts
– +$15 +1 +100%
1
2

OPP Hedge Fund Activity: Q4 2021 in Review

42 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) for Q4 2021, worth a combined $50.2M — up 53% from $32.8M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new OPP positions and 0 closed out — a net gain of 6 holders — while 15 added to existing stakes and 16 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $18M. The largest seller was Royal Bank of Canada, cutting an estimated $1.21M.

  • 42 institutional investors held RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) as of Q4 2021, up from 37 in Q3 2021.
  • Funds reported $50.2M of RiverNorth/DoubleLine Strategic Opportunity Fund stock for Q4 2021, up 53% quarter-over-quarter.
  • 6 funds opened new RiverNorth/DoubleLine Strategic Opportunity Fund positions in Q4 2021 and 0 closed out, a net change of +6 holders.
  • The largest RiverNorth/DoubleLine Strategic Opportunity Fund buyer in Q4 2021 was Sit Investment Associates, an estimated $18M added.
  • The largest RiverNorth/DoubleLine Strategic Opportunity Fund seller in Q4 2021 was Royal Bank of Canada, an estimated $1.21M sold.

Based on aggregated 13F filings for Q4 2021.