Special Opportunities Fund
SPE
29 hedge funds and large institutions have $40M invested in Special Opportunities Fund in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
4% more funds holding
Funds holding: 28 → 29 (+1)
1.54% more ownership
Funds ownership: 51.68% → 53.22% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
35% less capital invested
Capital invested by funds: $61.9M → $40M (-$21.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.91M |
| 2 |
Morgan Stanley
New York
|
+$782K |
| 3 |
EP
EPIQ Partners
Minneapolis,
Minnesota
|
+$244K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$176K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$168K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.45M |
| 2 |
RVPG
Relative Value Partners Group
|
-$789K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$519K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$344K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$234K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $8K | +$10.7K | +837 | New |
|
27
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $6K | – | – | – |
|
|
HFA
28
HC Financial Advisors
Lafayette,
California
| $6K | +$7.99K | +628 | New |
|
29
Bank of America
Charlotte,
North Carolina
| $5K | – | – | – |
|
|
30
Geode Capital Management
Boston,
Massachusetts
| – | -$234K | -16,674 | Closed |
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$211K | -15,028 | Closed |
|
SPE Hedge Fund Activity: Q1 2020 in Review
29 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q1 2020, worth a combined $40M — down 35% from $61.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SPE positions and 3 closed out — a net gain of 3 holders — while 12 added to existing stakes and 4 trimmed.
The largest buyer was Ancora Advisors, adding an estimated $1.91M. The largest seller was Sit Investment Associates, cutting an estimated $1.45M.
- 29 institutional investors held Special Opportunities Fund (SPE) as of Q1 2020, up from 28 in Q4 2019.
- Funds reported $40M of Special Opportunities Fund stock for Q1 2020, down 35% quarter-over-quarter.
- 6 funds opened new Special Opportunities Fund positions in Q1 2020 and 3 closed out, a net change of +3 holders.
- The largest Special Opportunities Fund buyer in Q1 2020 was Ancora Advisors, an estimated $1.91M added.
- The largest Special Opportunities Fund seller in Q1 2020 was Sit Investment Associates, an estimated $1.45M sold.
Based on aggregated 13F filings for Q1 2020.