Special Opportunities Fund
SPE
30 hedge funds and large institutions have $49.5M invested in Special Opportunities Fund in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 21 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
3% more funds holding
Funds holding: 29 → 30 (+1)
6.43% less ownership
Funds ownership: 45.72% → 39.28% (-6.4%)
23% less capital invested
Capital invested by funds: $64.2M → $49.5M (-$14.6M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
81% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$245K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$35.1K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$13.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$9.11K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$7.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$3.53M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.36M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.16M |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$653K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$620K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $20K | -$4.45K | -330 | -18% |
|
27
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| $13K | -$2.81K | -209 | -18% |
|
|
FANJ
28
Financial Architects (New Jersey)
Marlton,
New Jersey
| $7K | -$10.8K | -802 | -59% |
|
29
Creative Planning
Overland Park,
Kansas
| $3K | +$3.53K | +262 | New |
|
30
Citigroup
New York
| – | -$11K | -815 | -98% |
|
SPE Hedge Fund Activity: Q4 2016 in Review
30 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q4 2016, worth a combined $49.5M — down 23% from $64.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SPE positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 21 trimmed.
The largest buyer was NWAM LLC, opening a new position worth an estimated $245K. The largest seller was Relative Value Partners Group, cutting an estimated $3.53M.
- 30 institutional investors held Special Opportunities Fund (SPE) as of Q4 2016, up from 29 in Q3 2016.
- Funds reported $49.5M of Special Opportunities Fund stock for Q4 2016, down 23% quarter-over-quarter.
- 3 funds opened new Special Opportunities Fund positions in Q4 2016 and 1 closed out, a net change of +2 holders.
- The largest Special Opportunities Fund buyer in Q4 2016 was NWAM LLC, an estimated $245K added.
- The largest Special Opportunities Fund seller in Q4 2016 was Relative Value Partners Group, an estimated $3.53M sold.
Based on aggregated 13F filings for Q4 2016.