RiverNorth/DoubleLine Strategic Opportunity Fund
OPP
49 hedge funds and large institutions have $54.8M invested in RiverNorth/DoubleLine Strategic Opportunity Fund in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 11 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
7% more capital invested
Capital invested by funds: $51.4M → $54.8M (+$3.37M)
0.93% more ownership
Funds ownership: 25.89% → 26.82% (+0.93%)
14% less funds holding
Funds holding: 57 → 49 (-8)
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.22M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.11M |
| 3 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$858K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$580K |
| 5 |
TWPM
Total Wealth Planning & Management
Ponte Vedra Beach,
Florida
|
+$196K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$798K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$685K |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$571K |
| 4 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$566K |
| 5 |
NCM
Next Capital Management
New York
|
-$533K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
YCM
51
Yakira Capital Management
Westport,
Connecticut
| – | -$571K | -68,516 | Closed |
|
|
NCM
52
Next Capital Management
New York
| – | -$533K | -63,859 | Closed |
|
53
Walleye Capital
New York
| – | -$372K | -44,636 | Closed |
|
|
WSFS
54
Wilmington Savings Fund Society
Wilmington,
Delaware
| – | -$255K | -30,592 | Closed |
|
|
IAA
55
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$157K | -18,774 | Closed |
|
|
VF
56
Virtu Financial
New York
| – | -$127K | -15,255 | Closed |
|
|
LCM
57
Landscape Capital Management
Englewood,
New Jersey
| – | -$106K | -12,707 | Closed |
|
|
JFG
58
Jefferies Financial Group
New York
| – | -$83.4K | -10,000 | Closed |
|
|
SAM
59
Synergy Asset Management
Vancouver,
Washington
| – | -$12.7K | -1,400 | Closed |
|
60
Fidelity Investments
Boston,
Massachusetts
| – | -$8 | -1 | Closed |
|
OPP Hedge Fund Activity: Q1 2025 in Review
49 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) for Q1 2025, worth a combined $54.8M — up 6.6% from $51.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of OPP and 3 opened new positions — a net loss of 8 holders — while 14 trimmed existing stakes and 22 added.
The largest buyer was Morgan Stanley, adding an estimated $2.22M. The largest seller was Absolute Investment Advisers, cutting an estimated $798K.
- 49 institutional investors held RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) as of Q1 2025, down from 57 in Q4 2024.
- Funds reported $54.8M of RiverNorth/DoubleLine Strategic Opportunity Fund stock for Q1 2025, up 6.6% quarter-over-quarter.
- 3 funds opened new RiverNorth/DoubleLine Strategic Opportunity Fund positions in Q1 2025 and 11 closed out, a net change of -8 holders.
- The largest RiverNorth/DoubleLine Strategic Opportunity Fund buyer in Q1 2025 was Morgan Stanley, an estimated $2.22M added.
- The largest RiverNorth/DoubleLine Strategic Opportunity Fund seller in Q1 2025 was Absolute Investment Advisers, an estimated $798K sold.
Based on aggregated 13F filings for Q1 2025.