Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Rivernorth Doubleline Strate (OPP)

60 + Investors. Track Smart Money conviction in OPP. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
2Q ▼
Buyers last Q
55%

Smart Money Signals — OPP

Based on 60 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their OPP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
60 funds currently hold this stock — 94% of the 3.0-year high of 64 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +22% more funds vs a year ago

fund count last 6Q
+11 new funds entered over the past year (+22% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 55% buying

28 buying23 selling
Last quarter: 28 funds bought or added vs 23 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 7 → 16 → 8 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 22% medium ■ 15% new
38 out of 60 hedge funds have held OPP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

6 → 7 → 16 → 8 → 6 new funds/Q
New funds entering each quarter: 7 → 16 → 8 → 6. OPP is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 68% veterans vs 17% newcomers

■ 68% veterans ■ 15% 1-2yr ■ 17% new
Entry-cohort mix of 60 holders: 41 (68%) are 2+ year veterans, 9 entered 1–2 years ago, and 10 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
7 of 60 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in OPP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — OPP

In 2026 Q2, 28 hedge funds were net buyers of OPP (6 opened a new position, 22 added to an existing one), while 23 reduced or exited (14 trimmed, 9 sold completely) — a 55% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 60% of total institutional value in OPP is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 60.

Hedge Fund Ownership: OPP

How many hedge funds hold OPP — quarterly history vs. share price
Quarterly hedge fund ownership of OPP vs. share price

Market Analysis: OPP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: OPP

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: OPP
2026 Q3 Stats Unlock in 41 days 60 + Investors

Track Smart Money conviction in OPP. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 60 63 -4.76%
13F Shares 9M 9M 3.61%
Total Value $66M $62M 6.45%
New Positions 6 8 -2
Increased Positions 22 21 +1
Closed Positions 9 9 -
Reduced Positions 14 18 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: OPP

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

60 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in OPP. Verified SEC 13F-HR filings.

QUARTER:
Top 25 OPP holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Closed-End Fund Advisors, Inc. 0.32% 42,324 $327K
2 Verity Asset Management, Inc. 0.27% 93,465 $722K
3 Total Wealth Planning & Management, Inc. 0.24% 46,058 $356K
4 Post Resch Tallon Group Inc. 0.21% 39,418 $304K
5 Yakira Capital Management, Inc. 0.15% 66,462 $513K
6 WFA of San Diego, LLC 0.14% 22,000 $169K
7 1607 Capital Partners, LLC 0.13% 198,749 $1.5M
8 Shaker Financial Services, LLC 0.12% 48,388 $374K
9 Next Capital Management LLC 0.11% 55,109 $425K
10 Navis Wealth Advisors, LLC 0.09% 31,258 $241K
11 Advisors Asset Management, Inc. 0.08% 672,863 $5.2M
12 Powell Investment Advisors, LLC 0.07% 27,636 $213K
13 SeaCrest Wealth Management, LLC 0.06% 74,142 $572K
14 Riverbridge Partners LLC 0.05% 240,803 $1.9M
15 PFG Investments, LLC 0.04% 137,960 $1.1M
16 Advisory Solutions Group, LLC 0.04% 13,605 $105K
17 J.W. Cole Advisors, INC. 0.03% 232,070 $1.8M
18 Almitas Capital LLC 0.03% 14,511 $112K
19 Noble Wealth Management PBC 0.02% 5,548 $43K
20 First Foundation Advisors 0.02% 61,339 $474K
21 Pathstone Holdings, LLC 0.01% 522,990 $4.0M
22 Readystate Asset Management LP 0.01% 42,963 $332K
23 Css LLC/Il 0.01% 31,339 $242K
24 Perennial Investment Advisors, LLC 0.01% 16,272 $126K
25 Fiduciary Group, LLC 0.01% 12,100 $93K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Rivernorth Doubleline Strate (OPP)

What does the Smart Money Trend signal show for OPP?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their OPP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for OPP?

Slight buying edge — 55% buying: Last quarter: 28 funds bought or added vs 23 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for OPP holders?

Elite ownership — 60% AUM from top-100 funds: 7 of 60 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in OPP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held OPP?

63% of holders stayed for 2+ years: 38 out of 60 hedge funds have held OPP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →