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 $31M invested in Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B in 2019 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 1 closing their positions.
2% less capital invested
Capital invested by funds: $31.6M → $31M (-$586K)
9% less funds holding
Funds holding: 11 → 10 (-1)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
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
|
+$1.92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$508K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$90.5K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$79.1K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$32.9K |
| 5 |
RVPG
Relative Value Partners Group
|
-$19.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RVPG
1
Relative Value Partners Group
| $25.8M | -$19.3K | -761 | -0.1% |
|
|
BBPWM
2
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $2M | -$79.1K | -3,124 | -4% |
|
|
CL
3
CSS LLC
Chicago,
Illinois
| $1.46M | -$32.9K | -1,300 | -2% |
|
|
4
UBS Group
Zurich,
Switzerland
| $886K | -$90.5K | -3,576 | -9% |
|
|
SFS
5
Shaker Financial Services
Arlington,
Virginia
| $694K | – | – | – |
|
|
6
Wells Fargo
San Francisco,
California
| $111K | +$1.92K | +76 | +2% |
|
|
NC
7
NewSquare Capital
Newtown Square,
Pennsylvania
| $8K | – | – | – |
|
|
WAP
8
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $6K | – | – | – |
|
9
Morgan Stanley
New York
| $5K | – | – | – |
|
|
RCM
10
Rivernorth Capital Management
West Palm Beach,
Florida
| $4.84K | – | – | – |
|
|
PAG
11
Private Advisor Group
Morristown,
New Jersey
| – | -$508K | -36,925 | Closed |
|
SPE.PRB Hedge Fund Activity: Q3 2019 in Review
10 of the 4,560 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 2019, worth a combined $31M — down 1.9% from $31.6M 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 1 added.
The largest buyer was Wells Fargo, adding an estimated $1.92K. The largest seller was Private Advisor Group, exiting entirely with an estimated $508K sold.
- 10 institutional investors held Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B (SPE.PRB) as of Q3 2019, down from 11 in Q2 2019.
- Funds reported $31M of Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B stock for Q3 2019, down 1.9% quarter-over-quarter.
- 0 funds opened new Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B positions in Q3 2019 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 2019 was Wells Fargo, an estimated $1.92K added.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B seller in Q3 2019 was Private Advisor Group, an estimated $508K sold.
Based on aggregated 13F filings for Q3 2019.