Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B
SPE.PRB
SPE.PRB was delisted on the 6th of July, 2021.
9 hedge funds and large institutions have $38.6M invested in Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B in 2017 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 1 closing their positions.
1% less capital invested
Capital invested by funds: $38.9M → $38.6M (-$286K)
10% less funds holding
Funds holding: 10 → 9 (-1)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.44K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$161K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$112K |
| 3 |
RVPG
Relative Value Partners Group
|
-$94.7K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$25.6K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$4.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RVPG
1
Relative Value Partners Group
| $26.7M | -$94.7K | -3,697 | -0.4% |
|
|
RCM
2
Rivernorth Capital Management
West Palm Beach,
Florida
| $4.88M | – | – | – |
|
|
3
UBS Group
Zurich,
Switzerland
| $2.34M | -$161K | -6,271 | -6% |
|
|
BBPWM
4
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $2.32M | -$4.3K | -168 | -0.2% |
|
|
SFS
5
Shaker Financial Services
Arlington,
Virginia
| $931K | – | – | – |
|
|
CL
6
CSS LLC
Chicago,
Illinois
| $725K | -$25.6K | -1,000 | -3% |
|
|
FIMG
7
Financial & Investment Management Group
Traverse City,
Michigan
| $543K | -$3.61K | -141 | -0.7% |
|
|
8
Wells Fargo
San Francisco,
California
| $117K | +$1.44K | +56 | +1% |
|
|
WAM
9
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $14K | – | – | – |
|
10
Morgan Stanley
New York
| $5K | – | – | – |
|
|
TJHA
11
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$112K | -4,397 | Closed |
|
SPE.PRB Hedge Fund Activity: Q2 2017 in Review
9 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B (SPE.PRB) for Q2 2017, worth a combined $38.6M — down 0.74% from $38.9M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of SPE.PRB and 0 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 1 added.
The largest buyer was Wells Fargo, adding an estimated $1.44K. The largest seller was UBS Group, cutting an estimated $161K.
- 9 institutional investors held Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B (SPE.PRB) as of Q2 2017, down from 10 in Q1 2017.
- Funds reported $38.6M of Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B stock for Q2 2017, down 0.74% quarter-over-quarter.
- 0 funds opened new Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B positions in Q2 2017 and 1 closed out, a net change of -1 holder.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B buyer in Q2 2017 was Wells Fargo, an estimated $1.44K added.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B seller in Q2 2017 was UBS Group, an estimated $161K sold.
Based on aggregated 13F filings for Q2 2017.