Special Opportunities Fund
SPE
26 hedge funds and large institutions have $75.5M invested in Special Opportunities Fund in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 5 closing their positions.
5.28% more ownership
Funds ownership: 45.55% → 50.83% (+5.3%)
1% more capital invested
Capital invested by funds: $74.5M → $75.5M (+$938K)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
10% less funds holding
Funds holding: 29 → 26 (-3)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$6.43M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.21M |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$355K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$257K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$755K |
| 2 |
KIA
King Investment Advisors
Houston,
Texas
|
-$223K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$80K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$70K |
| 5 |
Morgan Stanley
New York
|
-$56.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $14K | +$1.55K | +105 | +13% |
|
|
KIA
27
King Investment Advisors
Houston,
Texas
| – | -$223K | -14,978 | Closed |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| – | -$80K | -5,483 | Closed |
|
|
CFA
29
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$18.6K | -1,256 | Closed |
|
30
Barclays
London,
United Kingdom
| – | -$1K | -99 | Closed |
|
SPE Hedge Fund Activity: Q2 2015 in Review
26 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q2 2015, worth a combined $75.5M — up 1.3% from $74.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SPE and 3 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Ancora Advisors, opening a new position worth an estimated $6.43M. The largest seller was Horizon Kinetics, cutting an estimated $755K.
- 26 institutional investors held Special Opportunities Fund (SPE) as of Q2 2015, down from 29 in Q1 2015.
- Funds reported $75.5M of Special Opportunities Fund stock for Q2 2015, up 1.3% quarter-over-quarter.
- 3 funds opened new Special Opportunities Fund positions in Q2 2015 and 5 closed out, a net change of -2 holders.
- The largest Special Opportunities Fund buyer in Q2 2015 was Ancora Advisors, an estimated $6.43M added.
- The largest Special Opportunities Fund seller in Q2 2015 was Horizon Kinetics, an estimated $755K sold.
Based on aggregated 13F filings for Q2 2015.