Special Opportunities Fund
SPE
27 hedge funds and large institutions have $58.9M invested in Special Opportunities Fund in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 2 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
8% more capital invested
Capital invested by funds: $54.6M → $58.9M (+$4.27M)
1.5% more ownership
Funds ownership: 40.46% → 41.95% (+1.5%)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
4% less funds holding
Funds holding: 28 → 27 (-1)
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
|
+$2.56M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$910K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$203K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$126K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$29.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$751K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$534K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$162K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$122K |
| 5 |
HK
Horizon Kinetics
New York
|
-$75.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| $14K | – | – | – |
|
|
FANJ
27
Financial Architects (New Jersey)
Marlton,
New Jersey
| $9K | – | – | – |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$751K | -53,778 | Closed |
|
|
CPIG
29
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$28K | -2,028 | Closed |
|
SPE Hedge Fund Activity: Q2 2017 in Review
27 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q2 2017, worth a combined $58.9M — up 7.8% from $54.6M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SPE and 1 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 8 added.
The largest buyer was Shaker Financial Services, adding an estimated $2.56M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $751K sold.
- 27 institutional investors held Special Opportunities Fund (SPE) as of Q2 2017, down from 28 in Q1 2017.
- Funds reported $58.9M of Special Opportunities Fund stock for Q2 2017, up 7.8% quarter-over-quarter.
- 1 fund opened new Special Opportunities Fund positions in Q2 2017 and 2 closed out, a net change of -1 holder.
- The largest Special Opportunities Fund buyer in Q2 2017 was Shaker Financial Services, an estimated $2.56M added.
- The largest Special Opportunities Fund seller in Q2 2017 was Susquehanna International Group, an estimated $751K sold.
Based on aggregated 13F filings for Q2 2017.