Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B
SPE.PRB
SPE.PRB was delisted on the 6th of July, 2021.
12 hedge funds and large institutions have $37.6M invested in Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 0 closing their positions.
20% more funds holding
Funds holding: 10 → 12 (+2)
0% more capital invested
Capital invested by funds: $37.5M → $37.6M (+$72K)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$220K |
| 2 |
RVPG
Relative Value Partners Group
|
+$80.9K |
| 3 |
KWA
KCS Wealth Advisory
Los Angeles,
California
|
+$31.6K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.73K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EP
EPIQ Partners
Minneapolis,
Minnesota
|
-$215K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$61.2K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$44.1K |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$14.2K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$12.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RVPG
1
Relative Value Partners Group
| $25.9M | +$80.9K | +3,197 | +0.3% |
|
|
RCM
2
Rivernorth Capital Management
West Palm Beach,
Florida
| $4.07M | -$12.7K | -500 | -0.3% |
|
|
EP
3
EPIQ Partners
Minneapolis,
Minnesota
| $2.07M | -$215K | -8,500 | -9% |
|
|
BBPWM
4
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $1.99M | -$14.2K | -560 | -0.7% |
|
|
CL
5
CSS LLC
Chicago,
Illinois
| $1.64M | -$44.1K | -1,744 | -3% |
|
|
6
UBS Group
Zurich,
Switzerland
| $758K | +$4.73K | +187 | +0.6% |
|
|
SFS
7
Shaker Financial Services
Arlington,
Virginia
| $508K | -$61.2K | -2,418 | -11% |
|
|
KWA
8
KCS Wealth Advisory
Los Angeles,
California
| $303K | +$31.6K | +1,249 | +12% |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $219K | +$220K | +8,704 | New |
|
10
Wells Fargo
San Francisco,
California
| $118K | -$8.15K | -322 | -6% |
|
|
TFM
11
TFC Financial Management
Boston,
Massachusetts
| $7K | +$7.26K | +287 | New |
|
12
Morgan Stanley
New York
| $5K | – | – | – |
|
SPE.PRB Hedge Fund Activity: Q3 2020 in Review
12 of the 4,956 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 2020, worth a combined $37.6M — up 0.19% from $37.5M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SPE.PRB positions and 0 closed out — a net gain of 2 holders — while 3 added to existing stakes and 6 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $220K. The largest seller was EPIQ Partners, cutting an estimated $215K.
- 12 institutional investors held Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B (SPE.PRB) as of Q3 2020, up from 10 in Q2 2020.
- Funds reported $37.6M of Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B stock for Q3 2020, up 0.19% quarter-over-quarter.
- 2 funds opened new Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B positions in Q3 2020 and 0 closed out, a net change of +2 holders.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B buyer in Q3 2020 was Susquehanna International Group, an estimated $220K added.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B seller in Q3 2020 was EPIQ Partners, an estimated $215K sold.
Based on aggregated 13F filings for Q3 2020.