Special Opportunities Fund
SPE
34 hedge funds and large institutions have $44.1M invested in Special Opportunities Fund in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
1% more capital invested
Capital invested by funds: $43.8M → $44.1M (+$300K)
0% more funds holding
Funds holding: 34 → 34 (0)
0.66% less ownership
Funds ownership: 32.55% → 31.89% (-0.66%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$756K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$494K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$160K |
| 4 |
Morgan Stanley
New York
|
+$159K |
| 5 |
First Manhattan
New York
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$931K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$450K |
| 3 |
RVPG
Relative Value Partners Group
|
-$351K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$132K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$131K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $105K | +$29.4K | +2,640 | +38% |
|
|
CA
27
Crewe Advisors
Salt Lake City,
Utah
| $79.5K | – | – | – |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| $48.8K | +$50K | +4,480 | New |
|
|
USCWA
29
U.S. Capital Wealth Advisors
Austin,
Texas
| $48.5K | +$49.6K | +4,449 | New |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $31K | +$1.86K | +167 | +6% |
|
|
WC
31
Winmill & Co
Rochester,
New York
| $22.8K | – | – | – |
|
|
LC
32
Lindbrook Capital
Calabasas,
California
| $14K | – | – | – |
|
33
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | – | – | – |
|
|
CFO
34
CVA Family Office
Denver,
Colorado
| $342 | – | – | – |
|
|
TJHA
35
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$931K | -87,840 | Closed |
|
36
Bank of America
Charlotte,
North Carolina
| – | -$1K | -122 | Closed |
|
SPE Hedge Fund Activity: Q4 2022 in Review
34 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q4 2022, worth a combined $44.1M — up 0.68% from $43.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPE positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 11 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $756K. The largest seller was Thomas J. Herzfeld Advisors, exiting entirely with an estimated $931K sold.
- 34 institutional investors held Special Opportunities Fund (SPE) as of Q4 2022, unchanged from Q3 2022.
- Funds reported $44.1M of Special Opportunities Fund stock for Q4 2022, up 0.68% quarter-over-quarter.
- 4 funds opened new Special Opportunities Fund positions in Q4 2022 and 3 closed out, a net change of +1 holder.
- The largest Special Opportunities Fund buyer in Q4 2022 was Shaker Financial Services, an estimated $756K added.
- The largest Special Opportunities Fund seller in Q4 2022 was Thomas J. Herzfeld Advisors, an estimated $931K sold.
Based on aggregated 13F filings for Q4 2022.