RiverNorth/DoubleLine Strategic Opportunity Fund
OPP
57 hedge funds and large institutions have $51.4M invested in RiverNorth/DoubleLine Strategic Opportunity Fund in 2024 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 14 increasing their positions, 27 reducing their positions, and 1 closing their positions.
1,400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 1
30% more funds holding
Funds holding: 44 → 57 (+13)
10% more capital invested
Capital invested by funds: $46.9M → $51.4M (+$4.54M)
3.13% more ownership
Funds ownership: 22.76% → 25.89% (+3.1%)
48% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.47M |
| 2 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$1.07M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$608K |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$589K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$578K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$288K |
| 2 |
LPL Financial
San Diego,
California
|
-$131K |
| 3 |
PIA
Perennial Investment Advisors
Los Angeles,
California
|
-$113K |
| 4 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$97.9K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$67.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAM
51
Synergy Asset Management
Vancouver,
Washington
| $12.7K | +$12K | +1,400 | New |
|
|
WA
52
WPG Advisers
Baltimore,
Maryland
| $5.28K | +$5.44K | +633 | New |
|
53
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $3K | -$43 | -5 | -1% |
|
|
GWM
54
Geneos Wealth Management
Englewood,
Colorado
| $2.88K | -$34 | -4 | -1% |
|
55
AssetMark Inc
Concord,
California
| $617 | -$9 | -1 | -1% |
|
|
NS
56
NBC Securities
Birmingham,
Alabama
| $53 | -$55.6K | -6,467 | -100% |
|
57
Fidelity Investments
Boston,
Massachusetts
| $8 | – | – | – |
|
|
SPIA
58
Steward Partners Investment Advisory
New York
| – | -$20.9K | -2,330 | Closed |
|
OPP Hedge Fund Activity: Q4 2024 in Review
57 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) for Q4 2024, worth a combined $51.4M — up 9.7% from $46.9M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new OPP positions and 1 closed out — a net gain of 14 holders — while 14 added to existing stakes and 27 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.47M. The largest seller was Shaker Financial Services, cutting an estimated $288K.
- 57 institutional investors held RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) as of Q4 2024, up from 44 in Q3 2024.
- Funds reported $51.4M of RiverNorth/DoubleLine Strategic Opportunity Fund stock for Q4 2024, up 9.7% quarter-over-quarter.
- 15 funds opened new RiverNorth/DoubleLine Strategic Opportunity Fund positions in Q4 2024 and 1 closed out, a net change of +14 holders.
- The largest RiverNorth/DoubleLine Strategic Opportunity Fund buyer in Q4 2024 was Morgan Stanley, an estimated $2.47M added.
- The largest RiverNorth/DoubleLine Strategic Opportunity Fund seller in Q4 2024 was Shaker Financial Services, an estimated $288K sold.
Based on aggregated 13F filings for Q4 2024.