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 $31.6M invested in Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and closing their positions.
10% more funds holding
Funds holding: 10 → 11 (+1)
12% less capital invested
Capital invested by funds: $36.1M → $31.6M (-$4.5M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$931K |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$77.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$180K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$151K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$56.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$16.6K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.42K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RVPG
1
Relative Value Partners Group
| $25.7M | -$180K | -7,151 | -0.7% |
|
|
BBPWM
2
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $2.07M | -$56.9K | -2,256 | -3% |
|
|
CL
3
CSS LLC
Chicago,
Illinois
| $1.49M | +$77.2K | +3,062 | +5% |
|
|
4
UBS Group
Zurich,
Switzerland
| $972K | -$16.6K | -657 | -2% |
|
|
SFS
5
Shaker Financial Services
Arlington,
Virginia
| $691K | -$151K | -6,000 | -18% |
|
|
PAG
6
Private Advisor Group
Morristown,
New Jersey
| $508K | +$931K | +36,925 | New |
|
|
7
Wells Fargo
San Francisco,
California
| $108K | -$2.42K | -96 | -2% |
|
|
NC
8
NewSquare Capital
Newtown Square,
Pennsylvania
| $8K | – | – | – |
|
|
WAP
9
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $6K | – | – | – |
|
10
Morgan Stanley
New York
| $5K | – | – | – |
|
|
RCM
11
Rivernorth Capital Management
West Palm Beach,
Florida
| $4.84K | – | – | – |
|
SPE.PRB Hedge Fund Activity: Q2 2019 in Review
11 of the 4,604 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 2019, worth a combined $31.6M — down 12% from $36.1M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new SPE.PRB positions and 0 closed out — a net gain of 1 holder — while 1 added to existing stakes and 5 trimmed.
The largest buyer was Private Advisor Group, opening a new position worth an estimated $931K. The largest seller was Relative Value Partners Group, cutting an estimated $180K.
- 11 institutional investors held Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B (SPE.PRB) as of Q2 2019, up from 10 in Q1 2019.
- Funds reported $31.6M of Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B stock for Q2 2019, down 12% quarter-over-quarter.
- 1 fund opened new Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B positions in Q2 2019 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 Q2 2019 was Private Advisor Group, an estimated $931K added.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B seller in Q2 2019 was Relative Value Partners Group, an estimated $180K sold.
Based on aggregated 13F filings for Q2 2019.