Special Opportunities Fund
SPE
36 hedge funds and large institutions have $53.8M invested in Special Opportunities Fund in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
24% more funds holding
Funds holding: 29 → 36 (+7)
13% more capital invested
Capital invested by funds: $47.7M → $53.8M (+$6.14M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.42% less ownership
Funds ownership: 47.52% → 47.1% (-0.42%)
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.14M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$270K |
| 3 |
RVPG
Relative Value Partners Group
|
+$224K |
| 4 |
Millennium Management
New York
|
+$148K |
| 5 |
CA
Crewe Advisors
Salt Lake City,
Utah
|
+$89K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.1M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$558K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$305K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$214K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$194K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $30K | – | – | – |
|
|
JFA
27
JNBA Financial Advisors
Bloomington,
Minnesota
| $14K | +$281 | +23 | +2% |
|
|
CCC
28
Crescent Capital Consulting
New Orleans,
Louisiana
| $14K | +$12.8K | +1,047 | New |
|
29
Bank of America
Charlotte,
North Carolina
| $8K | – | – | – |
|
30
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $6K | – | – | – |
|
|
WC
31
Winmill & Co
Rochester,
New York
| $4K | – | – | – |
|
32
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
TFM
33
TFC Financial Management
Boston,
Massachusetts
| $2K | -$2.84K | -233 | -58% |
|
|
MAFM
34
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
| – | -$214K | -18,528 | Closed |
|
|
ICP
35
Interchange Capital Partners
Pittsburgh,
Pennsylvania
| – | +$24 | +2 | New |
|
|
CFO
36
CVA Family Office
Denver,
Colorado
| – | +$195 | +16 | New |
|
SPE Hedge Fund Activity: Q4 2020 in Review
36 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q4 2020, worth a combined $53.8M — up 13% from $47.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SPE positions and 1 closed out — a net gain of 7 holders — while 6 added to existing stakes and 13 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.14M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.1M.
- 36 institutional investors held Special Opportunities Fund (SPE) as of Q4 2020, up from 29 in Q3 2020.
- Funds reported $53.8M of Special Opportunities Fund stock for Q4 2020, up 13% quarter-over-quarter.
- 8 funds opened new Special Opportunities Fund positions in Q4 2020 and 1 closed out, a net change of +7 holders.
- The largest Special Opportunities Fund buyer in Q4 2020 was Shaker Financial Services, an estimated $1.14M added.
- The largest Special Opportunities Fund seller in Q4 2020 was Rivernorth Capital Management, an estimated $1.1M sold.
Based on aggregated 13F filings for Q4 2020.