Special Opportunities Fund
SPE
27 hedge funds and large institutions have $54.8M invested in Special Opportunities Fund in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
13% more capital invested
Capital invested by funds: $48.3M → $54.8M (+$6.5M)
0.35% more ownership
Funds ownership: 49.83% → 50.18% (+0.35%)
0% more funds holding
Funds holding: 27 → 27 (0)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.16M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$630K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$246K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$142K |
| 5 |
CA
Calton & Associates
Tampa,
Florida
|
+$139K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$554K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$477K |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$160K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$59.6K |
| 5 |
RVPG
Relative Value Partners Group
|
-$40.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $6K | +$4.88K | +393 | New |
|
|
TJHA
27
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $3K | -$554K | -44,652 | -100% |
|
|
SBH
28
Segall Bryant & Hamill
Chicago,
Illinois
| – | -$160K | -14,112 | Closed |
|
|
MOS
29
MGO One Seven
Beachwood,
Ohio
| – | -$8K | -793 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$9K | -790 | Closed |
|
31
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$6K | -522 | Closed |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| – | -$1K | -69 | Closed |
|
SPE Hedge Fund Activity: Q1 2019 in Review
27 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q1 2019, worth a combined $54.8M — up 13% from $48.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SPE positions and 5 closed out — a net gain of 1 holder — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.16M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $554K.
- 27 institutional investors held Special Opportunities Fund (SPE) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $54.8M of Special Opportunities Fund stock for Q1 2019, up 13% quarter-over-quarter.
- 6 funds opened new Special Opportunities Fund positions in Q1 2019 and 5 closed out, a net change of +1 holder.
- The largest Special Opportunities Fund buyer in Q1 2019 was Rivernorth Capital Management, an estimated $1.16M added.
- The largest Special Opportunities Fund seller in Q1 2019 was Thomas J. Herzfeld Advisors, an estimated $554K sold.
Based on aggregated 13F filings for Q1 2019.