Special Opportunities Fund
SPE
24 hedge funds and large institutions have $53M invested in Special Opportunities Fund in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
1.1% more ownership
Funds ownership: 50.18% → 51.28% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $54.8M → $53M (-$1.75M)
11% less funds holding
Funds holding: 27 → 24 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$756K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$471K |
| 3 |
RVPG
Relative Value Partners Group
|
+$363K |
| 4 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$249K |
| 5 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$216K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$487K |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$184K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$146K |
| 4 |
CA
Calton & Associates
Tampa,
Florida
|
-$144K |
| 5 |
WPA
Winning Points Advisors
Boca Raton,
Florida
|
-$93.1K |
SPE Hedge Fund Activity: Q2 2019 in Review
24 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q2 2019, worth a combined $53M — down 3.2% from $54.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SPE and 1 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 12 added.
The largest buyer was Shaker Financial Services, adding an estimated $756K. The largest seller was Sit Investment Associates, cutting an estimated $487K.
- 24 institutional investors held Special Opportunities Fund (SPE) as of Q2 2019, down from 27 in Q1 2019.
- Funds reported $53M of Special Opportunities Fund stock for Q2 2019, down 3.2% quarter-over-quarter.
- 1 fund opened new Special Opportunities Fund positions in Q2 2019 and 4 closed out, a net change of -3 holders.
- The largest Special Opportunities Fund buyer in Q2 2019 was Shaker Financial Services, an estimated $756K added.
- The largest Special Opportunities Fund seller in Q2 2019 was Sit Investment Associates, an estimated $487K sold.
Based on aggregated 13F filings for Q2 2019.