Special Opportunities Fund
SPE
28 hedge funds and large institutions have $39.8M invested in Special Opportunities Fund in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
1.32% more ownership
Funds ownership: 51.68% → 53.01% (+1.3%)
0% more funds holding
Funds holding: 28 → 28 (0)
36% less capital invested
Capital invested by funds: $61.9M → $39.8M (-$22.1M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.91M |
| 2 |
Morgan Stanley
New York
|
+$782K |
| 3 |
EP
EPIQ Partners
Minneapolis,
Minnesota
|
+$244K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$176K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$168K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.45M |
| 2 |
RVPG
Relative Value Partners Group
|
-$789K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$519K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$344K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$234K |
SPE Hedge Fund Activity: Q1 2020 in Review
28 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q1 2020, worth a combined $39.8M — down 36% from $61.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SPE positions and 3 closed out — a net gain of 3 holders — while 12 added to existing stakes and 4 trimmed.
The largest buyer was Ancora Advisors, adding an estimated $1.91M. The largest seller was Sit Investment Associates, cutting an estimated $1.45M.
- 28 institutional investors held Special Opportunities Fund (SPE) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $39.8M of Special Opportunities Fund stock for Q1 2020, down 36% quarter-over-quarter.
- 6 funds opened new Special Opportunities Fund positions in Q1 2020 and 3 closed out, a net change of +3 holders.
- The largest Special Opportunities Fund buyer in Q1 2020 was Ancora Advisors, an estimated $1.91M added.
- The largest Special Opportunities Fund seller in Q1 2020 was Sit Investment Associates, an estimated $1.45M sold.
Based on aggregated 13F filings for Q1 2020.