Who Owns RiverNorth/DoubleLine Strategic Opportunity Fund Stock?
NYSE: OPPFinanceFinance/Investors ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 36.75%
- Held by insiders
- 0.00%
- Institutional holders
- 67
- Institutions 36.7%
- Insiders 0.0%
- Public and other 63.3%
Who owns RiverNorth/DoubleLine Strategic Opportunity Fund stock?
Institutional investors own about 36.7% of RiverNorth/DoubleLine Strategic Opportunity Fund's shares, spread across 67 institutions that file 13F reports. That level of institutional ownership is relatively low, leaving more of the stock with retail investors and insiders. Insiders, including executives, directors and large founding shareholders, hold 0.00% of OPP.
The largest institutional holders are Morgan Stanley (8.92%), Wells Fargo & Company (6.61%) and Royal Bank of Canada (3.58%). Together, the top 10 institutions control 29.5% of shares outstanding. In their latest filings, 8 of the top 10 institutions increased their OPP positions and 2 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of OPP
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Morgan Stanley | 2.23M | 8.92% | +1.5% |
| Wells Fargo & Company | 1.65M | 6.61% | +10.3% |
| Royal Bank of Canada | 894.98K | 3.58% | -12.4% |
| Advisors Asset Management, Inc. | 672.86K | 2.69% | +29.4% |
| SIT Investment Associates Inc | 536.70K | 2.15% | +1.3% |
| Pathstone Holdings, LLC | 522.99K | 2.09% | +51.1% |
| Riverbridge Partners LLC | 240.80K | 0.96% | +1.6% |
| J.W. Cole Advisors, Inc. | 232.07K | 0.93% | +100.0% |
| 1607 Capital Partners, LLC | 198.75K | 0.80% | -41.1% |
| NewEdge Advisors, LLC | 186.73K | 0.75% | +6.1% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of OPP
| Fund | Shares | % Held |
|---|---|---|
| ADVISORS' INNER CIRCLE III-Fundamental Core Fixed Income Fund | 61.34K | 0.25% |
| 360 Funds-Timber Point Alternative Income Fund | 20.03K | 0.08% |
| Rydex Variable Trust-Multi-Hedge Strategies Fund | 660 | 0.00% |
| Rydex Series Funds-Guggenheim Multi-Hedge Strategies Fund | 234 | 0.00% |
Frequently asked questions
Who is the largest shareholder of RiverNorth/DoubleLine Strategic Opportunity Fund?
Morgan Stanley is the largest institutional shareholder of OPP, owning 8.92% of shares outstanding (2.23M shares) as of its latest 13F filing.
What percentage of RiverNorth/DoubleLine Strategic Opportunity Fund is owned by institutions?
Institutions own about 36.7% of OPP shares and 36.7% of the public float.
How much of RiverNorth/DoubleLine Strategic Opportunity Fund do insiders own?
Insiders, such as officers and directors, own about 0.00% of OPP shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.