Special Opportunities Fund
SPE
31 hedge funds and large institutions have $58.1M invested in Special Opportunities Fund in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
6.04% more ownership
Funds ownership: 42.17% → 48.22% (+6%)
3% more funds holding
Funds holding: 30 → 31 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
6% less capital invested
Capital invested by funds: $61.5M → $58.1M (-$3.44M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$333K |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$318K |
| 3 |
RVPG
Relative Value Partners Group
|
+$313K |
| 4 |
Walleye Trading
New York
|
+$232K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$205K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$700K |
| 2 |
VF
Virtu Financial
New York
|
-$248K |
| 3 |
HK
Horizon Kinetics
New York
|
-$174K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$163K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$85.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $21K | – | – | – |
|
|
JFA
27
JNBA Financial Advisors
Bloomington,
Minnesota
| $11K | +$11.8K | +785 | New |
|
28
Bank of America
Charlotte,
North Carolina
| $9K | -$4.09K | -272 | -30% |
|
|
FANJ
29
Financial Architects (New Jersey)
Marlton,
New Jersey
| $9K | – | – | – |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $8K | -$77.7K | -5,171 | -90% |
|
|
31
Walleye Trading
New York
| $219 | +$232K | +15,436 | New |
|
|
VF
32
Virtu Financial
New York
| – | -$248K | -16,405 | Closed |
|
33
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$47K | -3,107 | Closed |
|
|
GRP
34
Global Retirement Partners
San Rafael,
California
| – | -$27K | -1,773 | Closed |
|
SPE Hedge Fund Activity: Q4 2017 in Review
31 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q4 2017, worth a combined $58.1M — down 5.6% from $61.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPE positions and 3 closed out — a net gain of 1 holder — while 10 added to existing stakes and 10 trimmed.
The largest buyer was Laurion Capital Management, adding an estimated $333K. The largest seller was Shaker Financial Services, cutting an estimated $700K.
- 31 institutional investors held Special Opportunities Fund (SPE) as of Q4 2017, up from 30 in Q3 2017.
- Funds reported $58.1M of Special Opportunities Fund stock for Q4 2017, down 5.6% quarter-over-quarter.
- 4 funds opened new Special Opportunities Fund positions in Q4 2017 and 3 closed out, a net change of +1 holder.
- The largest Special Opportunities Fund buyer in Q4 2017 was Laurion Capital Management, an estimated $333K added.
- The largest Special Opportunities Fund seller in Q4 2017 was Shaker Financial Services, an estimated $700K sold.
Based on aggregated 13F filings for Q4 2017.