Special Opportunities Fund
SPE
30 hedge funds and large institutions have $59.2M invested in Special Opportunities Fund in 2018 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 1 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
1.18% more ownership
Funds ownership: 48.22% → 49.4% (+1.2%)
2% more capital invested
Capital invested by funds: $58.1M → $59.2M (+$1.09M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 31 → 30 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.52M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$363K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$299K |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$170K |
| 5 |
RVPG
Relative Value Partners Group
|
+$73.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$576K |
| 2 |
HK
Horizon Kinetics
New York
|
-$337K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$118K |
| 4 |
CA
Calton & Associates
Tampa,
Florida
|
-$96K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$30.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $11K | -$10.8K | -746 | -49% |
|
|
JFA
27
JNBA Financial Advisors
Bloomington,
Minnesota
| $11K | – | – | – |
|
|
FANJ
28
Financial Architects (New Jersey)
Marlton,
New Jersey
| $9K | +$750 | +52 | +9% |
|
29
Bank of America
Charlotte,
North Carolina
| $8K | -$1.33K | -92 | -14% |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $8K | – | – | – |
|
|
CA
31
Calton & Associates
Tampa,
Florida
| – | -$96K | -6,462 | Closed |
|
SPE Hedge Fund Activity: Q1 2018 in Review
30 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q1 2018, worth a combined $59.2M — up 1.9% from $58.1M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of SPE and 0 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 11 added.
The largest buyer was Shaker Financial Services, adding an estimated $1.52M. The largest seller was Laurion Capital Management, cutting an estimated $576K.
- 30 institutional investors held Special Opportunities Fund (SPE) as of Q1 2018, down from 31 in Q4 2017.
- Funds reported $59.2M of Special Opportunities Fund stock for Q1 2018, up 1.9% quarter-over-quarter.
- 0 funds opened new Special Opportunities Fund positions in Q1 2018 and 1 closed out, a net change of -1 holder.
- The largest Special Opportunities Fund buyer in Q1 2018 was Shaker Financial Services, an estimated $1.52M added.
- The largest Special Opportunities Fund seller in Q1 2018 was Laurion Capital Management, an estimated $576K sold.
Based on aggregated 13F filings for Q1 2018.