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SPE

Special Opportunities Fund

27 hedge funds and large institutions have $54.8M invested in Special Opportunities Fund in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

20% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 5

13% more capital invested

Capital invested by funds: $48.3M → $54.8M (+$6.5M)

0.35% more ownership

Funds ownership: 49.83%50.18% (+0.35%)

0% more funds holding

Funds holding: 2727 (0)

40% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 10

Holders
27
Holders Change
Holders Change %
0%
% of All Funds
0.58%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
6
Increased
6
Reduced
10
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RVPG
1
Relative Value Partners Group
$26.3M -$40.9K -3,294 -0.2%
SIA
2
Sit Investment Associates
Minnesota
$7.99M -$1.88K -151 -0%
SFS
3
Shaker Financial Services
Virginia
$5.24M -$477K -38,443 -9%
BBPWM
4
Blue Bell Private Wealth Management
Pennsylvania
$3.76M +$246K +19,829 +7%
RCM
5
Rivernorth Capital Management
Florida
$3.68M +$1.16M +93,766 +49%
CL
6
CSS LLC
Illinois
$3.01M +$14.3K +1,152 +0.5%
AA
7
Ancora Advisors
Ohio
$1.32M -$22.4K -1,800 -2%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$650K +$630K +50,732 New
SC
9
Scotia Capital
Ontario, Canada
$467K +$104K +8,413 +30%
WPA
10
Winning Points Advisors
Florida
$461K -$10.4K -838 -2%
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$410K +$5.2K +419 +1%
Morgan Stanley
12
Morgan Stanley
New York
$252K +$4.27K +344 +2%
NL
13
NWAM LLC
Washington
$233K
Wells Fargo
14
Wells Fargo
California
$221K -$8.14K -656 -4%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$146K +$142K +11,415 New
CA
16
Calton & Associates
Florida
$144K +$139K +11,197 New
First Manhattan
17
First Manhattan
New York
$134K
UBS Group
18
UBS Group
Switzerland
$110K -$59.6K -4,800 -36%
AG
19
Advisor Group
Arizona
$54K
GWM
20
Geneos Wealth Management
Colorado
$36K -$7.19K -579 -17%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$29K -$4.28K -345 -13%
WAM
22
Wolverine Asset Management
Illinois
$23K +$22.4K +1,800 New
LC
23
Lindbrook Capital
California
$16K +$15.6K +1,256 New
JFA
24
JNBA Financial Advisors
Minnesota
$11K
Bank of America
25
Bank of America
North Carolina
$7K

SPE Hedge Fund Activity: Q1 2019 in Review

27 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q1 2019, worth a combined $54.8M — up 13% from $48.3M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new SPE positions and 5 closed out — a net gain of 1 holder — while 6 added to existing stakes and 10 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $1.16M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $554K.

  • 27 institutional investors held Special Opportunities Fund (SPE) as of Q1 2019, unchanged from Q4 2018.
  • Funds reported $54.8M of Special Opportunities Fund stock for Q1 2019, up 13% quarter-over-quarter.
  • 6 funds opened new Special Opportunities Fund positions in Q1 2019 and 5 closed out, a net change of +1 holder.
  • The largest Special Opportunities Fund buyer in Q1 2019 was Rivernorth Capital Management, an estimated $1.16M added.
  • The largest Special Opportunities Fund seller in Q1 2019 was Thomas J. Herzfeld Advisors, an estimated $554K sold.

Based on aggregated 13F filings for Q1 2019.