RiverNorth/DoubleLine Strategic Opportunity Fund
OPP
63 hedge funds and large institutions have $67.3M invested in RiverNorth/DoubleLine Strategic Opportunity Fund in 2026 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 18 reducing their positions, and 6 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 18
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2.37% more ownership
Funds ownership: 34.5% → 36.87% (+2.4%)
3% more capital invested
Capital invested by funds: $65.3M → $67.3M (+$2.04M)
5% less funds holding
Funds holding: 66 → 63 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.28M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.66M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.34M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.24M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$998K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$1.95M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$734K |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$409K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$292K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$266K |
OPP Hedge Fund Activity: Q1 2026 in Review
63 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) for Q1 2026, worth a combined $67.3M — up 3.1% from $65.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new OPP positions and 6 closed out — a net gain of 1 holder — while 22 added to existing stakes and 18 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.28M. The largest seller was J.W. Cole Advisors, exiting entirely with an estimated $1.95M sold.
- 63 institutional investors held RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) as of Q1 2026, down from 66 in Q4 2025.
- Funds reported $67.3M of RiverNorth/DoubleLine Strategic Opportunity Fund stock for Q1 2026, up 3.1% quarter-over-quarter.
- 7 funds opened new RiverNorth/DoubleLine Strategic Opportunity Fund positions in Q1 2026 and 6 closed out, a net change of +1 holder.
- The largest RiverNorth/DoubleLine Strategic Opportunity Fund buyer in Q1 2026 was Sit Investment Associates, an estimated $2.28M added.
- The largest RiverNorth/DoubleLine Strategic Opportunity Fund seller in Q1 2026 was J.W. Cole Advisors, an estimated $1.95M sold.
Based on aggregated 13F filings for Q1 2026.