Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B
SPE.PRB
SPE.PRB was delisted on the 6th of July, 2021.
12 hedge funds and large institutions have $37.5M invested in Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and closing their positions.
9% more funds holding
Funds holding: 11 → 12 (+1)
4% less capital invested
Capital invested by funds: $38.9M → $37.5M (-$1.36M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
+$17.1K |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$8.56K |
| 3 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$6.46K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$737K |
| 2 |
RVPG
Relative Value Partners Group
|
-$228K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$34.5K |
| 4 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
-$7.24K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$6.44K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RVPG
1
Relative Value Partners Group
| $26.6M | -$228K | -8,832 | -0.8% |
|
|
RCM
2
Rivernorth Capital Management
West Palm Beach,
Florida
| $4.9M | – | – | – |
|
|
BBPWM
3
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $2.29M | +$8.56K | +331 | +0.4% |
|
|
4
UBS Group
Zurich,
Switzerland
| $1.39M | -$737K | -28,524 | -34% |
|
|
SFS
5
Shaker Financial Services
Arlington,
Virginia
| $935K | – | – | – |
|
|
CL
6
CSS LLC
Chicago,
Illinois
| $748K | +$17.1K | +661 | +2% |
|
|
FIMG
7
Financial & Investment Management Group
Traverse City,
Michigan
| $498K | -$34.5K | -1,335 | -6% |
|
|
8
Wells Fargo
San Francisco,
California
| $111K | -$6.44K | -249 | -5% |
|
9
CIBC Private Wealth Group
Atlanta,
Georgia
| $48K | – | – | – |
|
|
WAM
10
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $7K | -$7.24K | -280 | -49% |
|
|
WAP
11
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $6K | +$6.46K | +250 | New |
|
12
Morgan Stanley
New York
| $5K | – | – | – |
|
SPE.PRB Hedge Fund Activity: Q1 2018 in Review
12 of the 4,363 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 Q1 2018, worth a combined $37.5M — down 3.5% from $38.9M 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 5 trimmed.
The largest buyer was CSS LLC, adding an estimated $17.1K. The largest seller was UBS Group, cutting an estimated $737K.
- 12 institutional investors held Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B (SPE.PRB) as of Q1 2018, up from 11 in Q4 2017.
- Funds reported $37.5M of Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B stock for Q1 2018, down 3.5% quarter-over-quarter.
- 1 fund opened new Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B positions in Q1 2018 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 Q1 2018 was CSS LLC, an estimated $17.1K added.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B seller in Q1 2018 was UBS Group, an estimated $737K sold.
Based on aggregated 13F filings for Q1 2018.