We are live on ! Find out more
OPP

RiverNorth/DoubleLine Strategic Opportunity Fund
OPP

45 hedge funds and large institutions have $31.3M invested in RiverNorth/DoubleLine Strategic Opportunity Fund in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

450% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 2

33% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 12

22% more funds holding

Funds holding: 37 → 45 (+8)

1.79% less ownership

Funds ownership: 17.49% → 15.69% (-1.8%)

24% less capital invested

Capital invested by funds: $41.4M → $31.3M (-$10M)

Holders
45
Holders Change
+8
Holders Change %
+21.62%
% of All Funds
0.76%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
11
Increased
16
Reduced
12
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$3.45M
2
FTCM
First Trust Capital Management
Illinois
+$2.26M
3
Invesco
Invesco
Georgia
+$859K
4
Baird Financial Group
Baird Financial Group
Wisconsin
+$389K
5
NCM
Next Capital Management
New York
+$366K

Top Sellers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
-$6.21M
2
SFS
Shaker Financial Services
Virginia
-$493K
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$214K
4
UBS Group
UBS Group
Switzerland
-$185K
5
MF
Manchester Financial
California
-$173K
Name Holding Trade Value Shares
Change 		Change in
Stake
FG
26
Fiduciary Group
Georgia
$212K – – –
SFS
27
Shaker Financial Services
Virginia
$187K -$493K -44,348 -72%
WS
28
Wedbush Securities
California
$161K -$14.6K -1,315 -8%
RJA
29
Raymond James & Associates
Florida
$161K +$3.13K +282 +2%
EWM
30
Edge Wealth Management
New York
$160K -$65.4K -5,885 -28%
Bank of America
31
Bank of America
North Carolina
$142K -$27.3K -2,456 -16%
MC
32
Moors & Cabot
Massachusetts
$136K +$141K +12,650 New
KPWS
33
Kestra Private Wealth Services
Texas
$119K +$4.51K +406 +4%
USCWA
34
U.S. Capital Wealth Advisors
Texas
$109K +$112K +10,120 New
Rockefeller Capital Management
35
Rockefeller Capital Management
New York
$71K +$444 +40 +0.6%
PTC
36
Private Trust Company
Ohio
$18K +$18.9K +1,704 New
CA
37
CoreCap Advisors
Michigan
$11K +$11.2K +1,012 New
WWMSC
38
Wagner Wealth Management (South Carolina)
South Carolina
$11K +$11.6K +1,042 New
GWM
39
Geneos Wealth Management
Colorado
$9K – – –
FMP
40
Financial Management Professionals
Texas
$5K – – –
SPIA
41
Steward Partners Investment Advisory
New York
$4K +$4.51K +406 New
IA
42
IFP Advisors
Florida
$2K – – –
CAL
43
Capital Analysts LLC
Pennsylvania
$1K +$1.3K +117 New
BRWM
44
B. Riley Wealth Management
Tennessee
$538 +$254K +22,850 +84%
Bank of Montreal
45
Bank of Montreal
Ontario, Canada
$265 +$264K +23,737 New
Susquehanna International Group
46
Susquehanna International Group
Pennsylvania
– -$214K -17,349 Closed
MF
47
Manchester Financial
California
– -$173K -14,067 Closed
1
2

OPP Hedge Fund Activity: Q2 2022 in Review

45 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) for Q2 2022, worth a combined $31.3M — down 24% from $41.4M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new OPP positions and 2 closed out — a net gain of 9 holders — while 16 added to existing stakes and 12 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $3.45M. The largest seller was Sit Investment Associates, cutting an estimated $6.21M.

  • 45 institutional investors held RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) as of Q2 2022, up from 37 in Q1 2022.
  • Funds reported $31.3M of RiverNorth/DoubleLine Strategic Opportunity Fund stock for Q2 2022, down 24% quarter-over-quarter.
  • 11 funds opened new RiverNorth/DoubleLine Strategic Opportunity Fund positions in Q2 2022 and 2 closed out, a net change of +9 holders.
  • The largest RiverNorth/DoubleLine Strategic Opportunity Fund buyer in Q2 2022 was Morgan Stanley, an estimated $3.45M added.
  • The largest RiverNorth/DoubleLine Strategic Opportunity Fund seller in Q2 2022 was Sit Investment Associates, an estimated $6.21M sold.

Based on aggregated 13F filings for Q2 2022.