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 $37.9M invested in Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 0 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
22% more capital invested
Capital invested by funds: $31M → $37.9M (+$6.94M)
10% more funds holding
Funds holding: 10 → 11 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$148K |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$41K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.44K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$585 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$542K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$45.1K |
| 3 |
Morgan Stanley
New York
|
-$509 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RVPG
1
Relative Value Partners Group
| $25.6M | -$542K | -21,291 | -2% |
|
|
RCM
2
Rivernorth Capital Management
West Palm Beach,
Florida
| $4.89M | – | – | – |
|
|
EP
3
EPIQ Partners
Minneapolis,
Minnesota
| $2.09M | +$2.08M | +81,700 | New |
|
|
BBPWM
4
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $2.07M | +$41K | +1,610 | +2% |
|
|
CL
5
CSS LLC
Chicago,
Illinois
| $1.46M | +$585 | +23 | +0% |
|
|
6
UBS Group
Zurich,
Switzerland
| $1.04M | +$148K | +5,800 | +17% |
|
|
SFS
7
Shaker Financial Services
Arlington,
Virginia
| $657K | -$45.1K | -1,774 | -6% |
|
|
8
Wells Fargo
San Francisco,
California
| $114K | +$2.44K | +96 | +2% |
|
|
NC
9
NewSquare Capital
Newtown Square,
Pennsylvania
| $8K | – | – | – |
|
|
WAP
10
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $6K | – | – | – |
|
|
11
Morgan Stanley
New York
| $5K | -$509 | -20 | -9% |
|
SPE.PRB Hedge Fund Activity: Q4 2019 in Review
11 of the 5,075 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 Q4 2019, worth a combined $37.9M — up 22% from $31M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new SPE.PRB positions and 0 closed out — a net gain of 1 holder — while 4 added to existing stakes and 3 trimmed.
The largest buyer was UBS Group, adding an estimated $148K. The largest seller was Relative Value Partners Group, cutting an estimated $542K.
- 11 institutional investors held Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B (SPE.PRB) as of Q4 2019, up from 10 in Q3 2019.
- Funds reported $37.9M of Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B stock for Q4 2019, up 22% quarter-over-quarter.
- 1 fund opened new Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B positions in Q4 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 Q4 2019 was UBS Group, an estimated $148K added.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B seller in Q4 2019 was Relative Value Partners Group, an estimated $542K sold.
Based on aggregated 13F filings for Q4 2019.