RiverNorth/DoubleLine Strategic Opportunity Fund
OPP
60 hedge funds and large institutions have $70.2M invested in RiverNorth/DoubleLine Strategic Opportunity Fund in 2026 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 8 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
1.33% more ownership
Funds ownership: 36.87% → 38.2% (+1.3%)
4% more capital invested
Capital invested by funds: $67.3M → $70.2M (+$2.88M)
5% less funds holding
Funds holding: 63 → 60 (-3)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$1.79M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.36M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.19M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.18M |
| 5 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$331K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.07M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$978K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$549K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$305K |
| 5 |
GWP
Gateway Wealth Partners
Appleton,
Wisconsin
|
-$301K |
OPP Hedge Fund Activity: Q2 2026 in Review
60 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) for Q2 2026, worth a combined $70.2M — up 4.3% from $67.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of OPP and 6 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 22 added.
The largest buyer was J.W. Cole Advisors, opening a new position worth an estimated $1.79M. The largest seller was 1607 Capital Partners, cutting an estimated $1.07M.
- 60 institutional investors held RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) as of Q2 2026, down from 63 in Q1 2026.
- Funds reported $70.2M of RiverNorth/DoubleLine Strategic Opportunity Fund stock for Q2 2026, up 4.3% quarter-over-quarter.
- 6 funds opened new RiverNorth/DoubleLine Strategic Opportunity Fund positions in Q2 2026 and 8 closed out, a net change of -2 holders.
- The largest RiverNorth/DoubleLine Strategic Opportunity Fund buyer in Q2 2026 was J.W. Cole Advisors, an estimated $1.79M added.
- The largest RiverNorth/DoubleLine Strategic Opportunity Fund seller in Q2 2026 was 1607 Capital Partners, an estimated $1.07M sold.
Based on aggregated 13F filings for Q2 2026.