Special Opportunities Fund
SPE
29 hedge funds and large institutions have $58.3M invested in Special Opportunities Fund in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $60.2M → $58.3M (-$1.93M)
1.29% less ownership
Funds ownership: 47.03% → 45.74% (-1.3%)
3% less funds holding
Funds holding: 30 → 29 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$395K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$274K |
| 3 |
Citigroup
New York
|
+$82.8K |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$52.9K |
| 5 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
+$33.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$487K |
| 2 |
HK
Horizon Kinetics
New York
|
-$343K |
| 3 |
Morgan Stanley
New York
|
-$318K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$293K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$251K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $23K | – | – | – |
|
27
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| $14K | -$6.07K | -507 | -30% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $1K | -$2.07K | -173 | -62% |
|
|
BFM
29
Boothbay Fund Management
New York
| – | -$246K | -19,511 | Closed |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| – | -$165K | -13,052 | Closed |
|
31
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$151K | -11,994 | Closed |
|
|
AIG
32
American International Group
New York
| – | -$67.8K | -5,668 | -100% |
|
33
Creative Planning
Overland Park,
Kansas
| – | -$12K | -989 | Closed |
|
SPE Hedge Fund Activity: Q1 2016 in Review
29 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q1 2016, worth a combined $58.3M — down 3.2% from $60.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SPE and 3 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 6 added.
The largest buyer was Financial & Investment Management Group, adding an estimated $395K. The largest seller was Relative Value Partners Group, cutting an estimated $487K.
- 29 institutional investors held Special Opportunities Fund (SPE) as of Q1 2016, down from 30 in Q4 2015.
- Funds reported $58.3M of Special Opportunities Fund stock for Q1 2016, down 3.2% quarter-over-quarter.
- 3 funds opened new Special Opportunities Fund positions in Q1 2016 and 4 closed out, a net change of -1 holder.
- The largest Special Opportunities Fund buyer in Q1 2016 was Financial & Investment Management Group, an estimated $395K added.
- The largest Special Opportunities Fund seller in Q1 2016 was Relative Value Partners Group, an estimated $487K sold.
Based on aggregated 13F filings for Q1 2016.