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 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 11 → 11 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
5% less capital invested
Capital invested by funds: $37.9M → $35.9M (-$1.98M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$261K |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$128K |
| 3 |
RVPG
Relative Value Partners Group
|
+$42.6K |
| 4 |
EP
EPIQ Partners
Minneapolis,
Minnesota
|
+$12.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$290K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$58.2K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$26.4K |
| 4 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RVPG
1
Relative Value Partners Group
| $24.2M | +$42.6K | +1,688 | +0.2% |
|
|
RCM
2
Rivernorth Capital Management
West Palm Beach,
Florida
| $4.63M | – | – | – |
|
|
EP
3
EPIQ Partners
Minneapolis,
Minnesota
| $1.99M | +$12.6K | +500 | +0.6% |
|
|
BBPWM
4
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $1.93M | -$26.4K | -1,047 | -1% |
|
|
CL
5
CSS LLC
Chicago,
Illinois
| $1.52M | +$128K | +5,061 | +9% |
|
|
6
UBS Group
Zurich,
Switzerland
| $711K | -$290K | -11,491 | -28% |
|
|
SFS
7
Shaker Financial Services
Arlington,
Virginia
| $566K | -$58.2K | -2,305 | -9% |
|
|
8
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $250K | +$261K | +10,353 | New |
|
9
Wells Fargo
San Francisco,
California
| $108K | – | – | – |
|
|
WAP
10
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $6K | – | – | – |
|
11
Morgan Stanley
New York
| $5K | – | – | – |
|
|
NC
12
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$8K | -322 | Closed |
|
SPE.PRB Hedge Fund Activity: Q1 2020 in Review
11 of the 4,538 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 2020, worth a combined $35.9M — down 5.2% from $37.9M a quarter earlier.
Fund positioning in SPE.PRB was balanced in Q1 2020: 1 fund opened new positions, 1 closed out, 3 added to existing stakes and 3 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $261K. The largest seller was UBS Group, cutting an estimated $290K.
- 11 institutional investors held Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B (SPE.PRB) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $35.9M of Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B stock for Q1 2020, down 5.2% quarter-over-quarter.
- 1 fund opened new Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B positions in Q1 2020 and 1 closed out, a net change of 0 holders.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B buyer in Q1 2020 was Susquehanna International Group, an estimated $261K added.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B seller in Q1 2020 was UBS Group, an estimated $290K sold.
Based on aggregated 13F filings for Q1 2020.