Special Opportunities Fund
SPE
28 hedge funds and large institutions have $54.6M invested in Special Opportunities Fund in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 2 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
10% more capital invested
Capital invested by funds: $49.5M → $54.6M (+$5.1M)
1.17% more ownership
Funds ownership: 39.28% → 40.46% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 30 → 28 (-2)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$738K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$735K |
| 3 |
RVPG
Relative Value Partners Group
|
+$290K |
| 4 |
WPA
Winning Points Advisors
Boca Raton,
Florida
|
+$147K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$97.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$224K |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$118K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$111K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$96.8K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$19.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $21K | – | – | – |
|
27
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| $13K | – | – | – |
|
|
FANJ
28
Financial Architects (New Jersey)
Marlton,
New Jersey
| $8K | +$464 | +34 | +6% |
|
29
Creative Planning
Overland Park,
Kansas
| – | -$3K | -262 | Closed |
|
SPE Hedge Fund Activity: Q1 2017 in Review
28 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q1 2017, worth a combined $54.6M — up 10% from $49.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SPE and 1 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 10 added.
The largest buyer was Shaker Financial Services, adding an estimated $738K. The largest seller was Horizon Kinetics, cutting an estimated $224K.
- 28 institutional investors held Special Opportunities Fund (SPE) as of Q1 2017, down from 30 in Q4 2016.
- Funds reported $54.6M of Special Opportunities Fund stock for Q1 2017, up 10% quarter-over-quarter.
- 1 fund opened new Special Opportunities Fund positions in Q1 2017 and 2 closed out, a net change of -1 holder.
- The largest Special Opportunities Fund buyer in Q1 2017 was Shaker Financial Services, an estimated $738K added.
- The largest Special Opportunities Fund seller in Q1 2017 was Horizon Kinetics, an estimated $224K sold.
Based on aggregated 13F filings for Q1 2017.