Special Opportunities Fund
SPE
29 hedge funds and large institutions have $44.5M invested in Special Opportunities Fund in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 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
12% more capital invested
Capital invested by funds: $39.8M → $44.5M (+$4.67M)
4% more funds holding
Funds holding: 28 → 29 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.38% less ownership
Funds ownership: 53.01% → 48.63% (-4.4%)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$643K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$120K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$44.4K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$36.4K |
| 5 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$28.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$1.43M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.04M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$962K |
| 4 |
Morgan Stanley
New York
|
-$418K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$348K |
SPE Hedge Fund Activity: Q2 2020 in Review
29 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q2 2020, worth a combined $44.5M — up 12% from $39.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPE positions and 3 closed out — a net gain of 1 holder — while 7 added to existing stakes and 11 trimmed.
The largest buyer was Blue Bell Private Wealth Management, adding an estimated $643K. The largest seller was Relative Value Partners Group, cutting an estimated $1.43M.
- 29 institutional investors held Special Opportunities Fund (SPE) as of Q2 2020, up from 28 in Q1 2020.
- Funds reported $44.5M of Special Opportunities Fund stock for Q2 2020, up 12% quarter-over-quarter.
- 4 funds opened new Special Opportunities Fund positions in Q2 2020 and 3 closed out, a net change of +1 holder.
- The largest Special Opportunities Fund buyer in Q2 2020 was Blue Bell Private Wealth Management, an estimated $643K added.
- The largest Special Opportunities Fund seller in Q2 2020 was Relative Value Partners Group, an estimated $1.43M sold.
Based on aggregated 13F filings for Q2 2020.