Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B
SPE.PRB
SPE.PRB was delisted on the 6th of July, 2021.
10 hedge funds and large institutions have $38.5M invested in Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 0 closing their positions.
11% more funds holding
Funds holding: 9 → 10 (+1)
0% less capital invested
Capital invested by funds: $38.6M → $38.5M (-$54K)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$18.8K |
| 2 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
+$14.6K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$8.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$167K |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$43.3K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$7.85K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RVPG
1
Relative Value Partners Group
| $26.8M | +$18.8K | +733 | +0.1% |
|
|
RCM
2
Rivernorth Capital Management
West Palm Beach,
Florida
| $4.89M | – | – | – |
|
|
BBPWM
3
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $2.29M | -$43.3K | -1,689 | -2% |
|
|
4
UBS Group
Zurich,
Switzerland
| $2.18M | -$167K | -6,511 | -7% |
|
|
SFS
5
Shaker Financial Services
Arlington,
Virginia
| $934K | – | – | – |
|
|
CL
6
CSS LLC
Chicago,
Illinois
| $735K | +$8.9K | +347 | +1% |
|
|
FIMG
7
Financial & Investment Management Group
Traverse City,
Michigan
| $538K | -$7.85K | -306 | -1% |
|
8
Wells Fargo
San Francisco,
California
| $117K | – | – | – |
|
|
WAM
9
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $15K | +$14.6K | +568 | New |
|
10
Morgan Stanley
New York
| $5K | – | – | – |
|
SPE.PRB Hedge Fund Activity: Q3 2017 in Review
10 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 Q3 2017, worth a combined $38.5M — down 0.14% from $38.6M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new SPE.PRB positions and 0 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Relative Value Partners Group, adding an estimated $18.8K. The largest seller was UBS Group, cutting an estimated $167K.
- 10 institutional investors held Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B (SPE.PRB) as of Q3 2017, up from 9 in Q2 2017.
- Funds reported $38.5M of Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B stock for Q3 2017, down 0.14% quarter-over-quarter.
- 1 fund opened new Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B positions in Q3 2017 and 0 closed out, a net change of +1 holder.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B buyer in Q3 2017 was Relative Value Partners Group, an estimated $18.8K added.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B seller in Q3 2017 was UBS Group, an estimated $167K sold.
Based on aggregated 13F filings for Q3 2017.