Special Opportunities Fund
SPE
27 hedge funds and large institutions have $48.3M invested in Special Opportunities Fund in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 4 closing their positions.
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
0.91% less ownership
Funds ownership: 50.74% → 49.83% (-0.91%)
4% less funds holding
Funds holding: 28 → 27 (-1)
21% less capital invested
Capital invested by funds: $61.3M → $48.3M (-$13M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.53M |
| 2 |
RVPG
Relative Value Partners Group
|
+$656K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$231K |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$184K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$1.71M |
| 2 |
Walleye Trading
New York
|
-$852K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$654K |
| 4 |
WPA
Winning Points Advisors
Boca Raton,
Florida
|
-$282K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$150K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $6K | +$6.81K | +522 | New |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $1K | -$6.52K | -500 | -88% |
|
|
28
Walleye Trading
New York
| – | -$852K | -59,349 | Closed |
|
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$654K | -45,577 | Closed |
|
|
CPIG
30
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$26K | -2,028 | Closed |
|
|
FANJ
31
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$9K | -654 | Closed |
|
SPE Hedge Fund Activity: Q4 2018 in Review
27 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q4 2018, worth a combined $48.3M — down 21% from $61.3M a quarter earlier.
Fund positioning in SPE was balanced in Q4 2018: 4 funds opened new positions, 4 closed out, 9 added to existing stakes and 9 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.53M. The largest seller was Ancora Advisors, cutting an estimated $1.71M.
- 27 institutional investors held Special Opportunities Fund (SPE) as of Q4 2018, down from 28 in Q3 2018.
- Funds reported $48.3M of Special Opportunities Fund stock for Q4 2018, down 21% quarter-over-quarter.
- 4 funds opened new Special Opportunities Fund positions in Q4 2018 and 4 closed out, a net change of 0 holders.
- The largest Special Opportunities Fund buyer in Q4 2018 was Rivernorth Capital Management, an estimated $1.53M added.
- The largest Special Opportunities Fund seller in Q4 2018 was Ancora Advisors, an estimated $1.71M sold.
Based on aggregated 13F filings for Q4 2018.