Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B
SPE.PRB
SPE.PRB was delisted on the 6th of July, 2021.
11 hedge funds and large institutions have $35.9M invested in Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B in 2018 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 1 closing their positions.
3% less capital invested
Capital invested by funds: $36.9M → $35.9M (-$1.01M)
8% less funds holding
Funds holding: 12 → 11 (-1)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
+$97.3K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$13.2K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.05K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$92.5K |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$48K |
| 3 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$25.7K |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$6.26K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$5.64K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RVPG
1
Relative Value Partners Group
| $25M | -$92.5K | -3,605 | -0.4% |
|
|
RCM
2
Rivernorth Capital Management
West Palm Beach,
Florida
| $4.88M | – | – | – |
|
|
BBPWM
3
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $2.22M | -$5.64K | -220 | -0.3% |
|
|
4
UBS Group
Zurich,
Switzerland
| $1.18M | +$13.2K | +514 | +1% |
|
|
CL
5
CSS LLC
Chicago,
Illinois
| $1.04M | +$97.3K | +3,794 | +10% |
|
|
SFS
6
Shaker Financial Services
Arlington,
Virginia
| $931K | – | – | – |
|
|
FIMG
7
Financial & Investment Management Group
Traverse City,
Michigan
| $485K | -$6.26K | -244 | -1% |
|
|
8
Wells Fargo
San Francisco,
California
| $112K | +$2.05K | +80 | +2% |
|
|
CPIG
9
Chicago Partners Investment Group
Chicago,
Illinois
| $19K | -$25.7K | -1,001 | -57% |
|
|
WAP
10
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $6K | – | – | – |
|
11
Morgan Stanley
New York
| $5K | – | – | – |
|
|
12
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$48K | -1,873 | Closed |
|
SPE.PRB Hedge Fund Activity: Q3 2018 in Review
11 of the 4,374 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 2018, worth a combined $35.9M — down 2.7% from $36.9M 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 4 trimmed existing stakes and 3 added.
The largest buyer was CSS LLC, adding an estimated $97.3K. The largest seller was Relative Value Partners Group, cutting an estimated $92.5K.
- 11 institutional investors held Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B (SPE.PRB) as of Q3 2018, down from 12 in Q2 2018.
- Funds reported $35.9M of Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B stock for Q3 2018, down 2.7% quarter-over-quarter.
- 0 funds opened new Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B positions in Q3 2018 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 Q3 2018 was CSS LLC, an estimated $97.3K added.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B seller in Q3 2018 was Relative Value Partners Group, an estimated $92.5K sold.
Based on aggregated 13F filings for Q3 2018.