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SPE

Special Opportunities Fund

30 hedge funds and large institutions have $59.2M invested in Special Opportunities Fund in 2018 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 9

1.18% more ownership

Funds ownership: 48.22%49.4% (+1.2%)

2% more capital invested

Capital invested by funds: $58.1M → $59.2M (+$1.09M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3% less funds holding

Funds holding: 3130 (-1)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 1

Holders
30
Holders Change
-1
Holders Change %
-3.23%
% of All Funds
0.69%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
Increased
11
Reduced
9
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RVPG
1
Relative Value Partners Group
$27.7M +$73.2K +5,075 +0.3%
SIA
2
Sit Investment Associates
Minnesota
$6.82M
SFS
3
Shaker Financial Services
Virginia
$6.53M +$1.52M +105,107 +29%
AA
4
Ancora Advisors
Ohio
$4.46M +$299K +20,764 +7%
BBPWM
5
Blue Bell Private Wealth Management
Pennsylvania
$3.86M -$118K -8,159 -3%
CL
6
CSS LLC
Illinois
$2.84M +$67.9K +4,711 +2%
RCM
7
Rivernorth Capital Management
Florida
$1.79M +$363K +25,167 +25%
WPA
8
Winning Points Advisors
Florida
$826K +$1.63K +113 +0.2%
TJHA
9
Thomas J. Herzfeld Advisors
Florida
$819K -$3.32K -230 -0.4%
FIMG
10
Financial & Investment Management Group
Michigan
$705K +$170K +11,759 +31%
Morgan Stanley
11
Morgan Stanley
New York
$407K -$17.7K -1,224 -4%
Wells Fargo
12
Wells Fargo
California
$312K -$30.8K -2,133 -9%
SC
13
Scotia Capital
Ontario, Canada
$273K +$30.3K +2,100 +12%
HK
14
Horizon Kinetics
New York
$272K -$337K -23,344 -55%
LTFS
15
Ladenburg Thalmann Financial Services
Florida
$263K +$72K +4,989 +36%
NL
16
NWAM LLC
Washington
$256K
Walleye Trading
17
Walleye Trading
New York
$217K
UBS Group
18
UBS Group
Switzerland
$193K +$56.4K +3,908 +40%
LCM
19
Laurion Capital Management
New York
$176K -$576K -39,940 -76%
First Manhattan
20
First Manhattan
New York
$147K
CIBC Private Wealth Group
21
CIBC Private Wealth Group
Georgia
$83K
AG
22
Advisor Group
Arizona
$63K -$8.51K -590 -12%
GWM
23
Geneos Wealth Management
Colorado
$48K
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$42K
CPIG
25
Chicago Partners Investment Group
Illinois
$29K

SPE Hedge Fund Activity: Q1 2018 in Review

30 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q1 2018, worth a combined $59.2M — up 1.9% from $58.1M a quarter earlier.

Sellers outnumbered buyers: 1 fund closed out of SPE and 0 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 11 added.

The largest buyer was Shaker Financial Services, adding an estimated $1.52M. The largest seller was Laurion Capital Management, cutting an estimated $576K.

  • 30 institutional investors held Special Opportunities Fund (SPE) as of Q1 2018, down from 31 in Q4 2017.
  • Funds reported $59.2M of Special Opportunities Fund stock for Q1 2018, up 1.9% quarter-over-quarter.
  • 0 funds opened new Special Opportunities Fund positions in Q1 2018 and 1 closed out, a net change of -1 holder.
  • The largest Special Opportunities Fund buyer in Q1 2018 was Shaker Financial Services, an estimated $1.52M added.
  • The largest Special Opportunities Fund seller in Q1 2018 was Laurion Capital Management, an estimated $576K sold.

Based on aggregated 13F filings for Q1 2018.