RiverNorth/DoubleLine Strategic Opportunity Fund
OPP
59 hedge funds and large institutions have $52.1M invested in RiverNorth/DoubleLine Strategic Opportunity Fund in 2024 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 15 increasing their positions, 27 reducing their positions, and 1 closing their positions.
1,500% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 1
938% more capital inflows, than outflows
Capital inflows: $10.4M | Capital outflows: $1M
31% more funds holding
Funds holding: 45 → 59 (+14)
3.59% more ownership
Funds ownership: 22.66% → 26.24% (+3.6%)
44% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.47M |
| 2 |
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$1.07M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$608K |
| 4 |
Yakira Capital Management
Westport,
Connecticut
|
+$589K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$578K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Shaker Financial Services
Arlington,
Virginia
|
-$288K |
| 2 |
LPL Financial
San Diego,
California
|
-$131K |
| 3 |
Perennial Investment Advisors
Los Angeles,
California
|
-$113K |
| 4 |
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$97.9K |
| 5 |
NewEdge Advisors
New Orleans,
Louisiana
|
-$67.6K |
OPP Hedge Fund Activity: Q4 2024 in Review
59 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) for Q4 2024, worth a combined $52.1M — up 10% from $47.2M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new OPP positions and 1 closed out — a net gain of 15 holders — while 15 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.
- 59 institutional investors held RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) as of Q4 2024, up from 45 in Q3 2024.
- Funds reported $52.1M of RiverNorth/DoubleLine Strategic Opportunity Fund stock for Q4 2024, up 10% quarter-over-quarter.
- 16 funds opened new RiverNorth/DoubleLine Strategic Opportunity Fund positions in Q4 2024 and 1 closed out, a net change of +15 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.