Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B
SPE.PRB
SPE.PRB was delisted on the 6th of July, 2021.
2 hedge funds and large institutions have $6.01M invested in Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B in 2020 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 10 closing their positions.
83% less funds holding
Funds holding: 12 → 2 (-10)
84% less capital invested
Capital invested by funds: $37.6M → $6.01M (-$31.6M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 10
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$25.9M |
| 2 |
EP
EPIQ Partners
Minneapolis,
Minnesota
|
-$2.07M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.64M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$758K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$508K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
1
Rivernorth Capital Management
West Palm Beach,
Florida
| $4.12M | – | – | – |
|
|
BBPWM
2
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $1.89M | -$131K | -5,154 | -7% |
|
|
RVPG
3
Relative Value Partners Group
| – | -$25.9M | -1,027,556 | Closed |
|
|
EP
4
EPIQ Partners
Minneapolis,
Minnesota
| – | -$2.07M | -82,000 | Closed |
|
|
CL
5
CSS LLC
Chicago,
Illinois
| – | -$1.64M | -64,966 | Closed |
|
|
6
UBS Group
Zurich,
Switzerland
| – | -$758K | -30,059 | Closed |
|
|
SFS
7
Shaker Financial Services
Arlington,
Virginia
| – | -$508K | -20,153 | Closed |
|
|
KWA
8
KCS Wealth Advisory
Los Angeles,
California
| – | -$303K | -12,010 | Closed |
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$219K | -8,704 | Closed |
|
10
Wells Fargo
San Francisco,
California
| – | -$118K | -4,686 | Closed |
|
|
TFM
11
TFC Financial Management
Boston,
Massachusetts
| – | -$7K | -287 | Closed |
|
12
Morgan Stanley
New York
| – | -$5K | -192 | Closed |
|
SPE.PRB Hedge Fund Activity: Q4 2020 in Review
2 of the 5,651 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 2020, worth a combined $6.01M — down 84% from $37.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SPE.PRB and 0 opened new positions — a net loss of 10 holders — while 1 trimmed existing stakes and 0 added.
The largest seller was Relative Value Partners Group, exiting entirely with an estimated $25.9M sold.
- 2 institutional investors held Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B (SPE.PRB) as of Q4 2020, down from 12 in Q3 2020.
- Funds reported $6.01M of Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B stock for Q4 2020, down 84% quarter-over-quarter.
- 0 funds opened new Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B positions in Q4 2020 and 10 closed out, a net change of -10 holders.
- The largest Special Opportunities Fund, Inc. 3.50% Convertible Preferred Stock, Series B seller in Q4 2020 was Relative Value Partners Group, an estimated $25.9M sold.
Based on aggregated 13F filings for Q4 2020.