Special Opportunities Fund
SPE
42 hedge funds and large institutions have $85.5M invested in Special Opportunities Fund in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
45% more capital invested
Capital invested by funds: $59M → $85.5M (+$26.5M)
20% more funds holding
Funds holding: 35 → 42 (+7)
19.84% more ownership
Funds ownership: 49.55% → 69.38% (+20%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$27.1M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$3.28M |
| 3 |
SCM
Saba Capital Management
New York
|
+$2.15M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.44M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.91M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.58M |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$1.62M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.48M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.44M |
SPE Hedge Fund Activity: Q2 2021 in Review
42 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q2 2021, worth a combined $85.5M — up 45% from $59M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SPE positions and 3 closed out — a net gain of 7 holders — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Relative Value Partners Group, adding an estimated $27.1M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $3.91M sold.
- 42 institutional investors held Special Opportunities Fund (SPE) as of Q2 2021, up from 35 in Q1 2021.
- Funds reported $85.5M of Special Opportunities Fund stock for Q2 2021, up 45% quarter-over-quarter.
- 10 funds opened new Special Opportunities Fund positions in Q2 2021 and 3 closed out, a net change of +7 holders.
- The largest Special Opportunities Fund buyer in Q2 2021 was Relative Value Partners Group, an estimated $27.1M added.
- The largest Special Opportunities Fund seller in Q2 2021 was Sit Investment Associates, an estimated $3.91M sold.
Based on aggregated 13F filings for Q2 2021.