RiverNorth/DoubleLine Strategic Opportunity Fund
OPP
42 hedge funds and large institutions have $51.1M 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.
717% more capital inflows, than outflows
Capital inflows: $23.9M | Capital outflows: $2.93M
14% more funds holding
Funds holding: 37 → 42 (+5)
4.32% more ownership
Funds ownership: 14.39% → 18.71% (+4.3%)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$18M |
| 2 |
Centaurus Financial
Anaheim,
California
|
+$1.94M |
| 3 |
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.17M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$659K |
| 5 |
LPL Financial
San Diego,
California
|
+$629K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.21M |
| 2 |
Cetera Advisors
Denver,
Colorado
|
-$857K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$213K |
| 4 |
First Foundation Advisors
Irvine,
California
|
-$203K |
| 5 |
SeaCrest Wealth Management
Purchase,
New York
|
-$154K |
OPP Hedge Fund Activity: Q4 2021 in Review
42 of the 6,522 institutional investors tracked by Wall St. Rank reported a position in RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) for Q4 2021, worth a combined $51.1M — up 55% 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 $51.1M of RiverNorth/DoubleLine Strategic Opportunity Fund stock for Q4 2021, up 55% 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.