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SPE

Special Opportunities Fund

42 hedge funds and large institutions have $85.5M invested in Special Opportunities Fund in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

233% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 3

45% more capital invested

Capital invested by funds: $59M → $85.5M (+$26.5M)

20% more funds holding

Funds holding: 3542 (+7)

19.84% more ownership

Funds ownership: 49.55%69.38% (+20%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

9% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 11

Holders
42
Holders Change
+7
Holders Change %
+20%
% of All Funds
0.73%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
10
Reduced
11
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RVPG
1
Relative Value Partners Group
$54.2M +$27.1M +1,877,318 +101%
EP
2
EPIQ Partners
Minnesota
$5.02M -$102K -7,040 -2%
SFS
3
Shaker Financial Services
Virginia
$3.86M -$1.44M -99,712 -27%
TJHA
4
Thomas J. Herzfeld Advisors
Florida
$3.29M +$3.28M +227,100 New
SCM
5
Saba Capital Management
New York
$3.25M +$2.15M +148,984 +198%
LCM
6
Landscape Capital Management
New Jersey
$2.74M +$1.44M +99,799 +112%
BBPWM
7
Blue Bell Private Wealth Management
Pennsylvania
$1.83M -$1.62M -112,211 -47%
CL
8
CSS LLC
Illinois
$1.51M -$1.48M -102,339 -49%
RCM
9
Robinson Capital Management
Michigan
$1.4M +$1.4M +96,986 New
AA
10
Ancora Advisors
Ohio
$1.08M -$840K -58,097 -44%
SC
11
Scotia Capital
Ontario, Canada
$1.04M +$50K +3,459 +5%
RJA
12
Raymond James & Associates
Florida
$789K +$787K +54,461 New
Osaic Holdings
13
Osaic Holdings
Arizona
$755K -$161K -11,118 -18%
WAM
14
Wolverine Asset Management
Illinois
$650K +$250K +17,299 +63%
CCP
15
Clough Capital Partners
Massachusetts
$583K +$581K +40,197 New
Morgan Stanley
16
Morgan Stanley
New York
$553K +$37K +2,559 +7%
Wells Fargo
17
Wells Fargo
California
$302K -$97.7K -6,761 -24%
SFS
18
Sowell Financial Services
Arkansas
$263K
MAFM
19
Mid Atlantic Financial Management
Pennsylvania
$255K +$45.4K +3,140 +22%
First Manhattan
20
First Manhattan
New York
$246K
UR
21
USCA RIA
Texas
$225K +$224K +15,493 New
PAG
22
Private Advisor Group
New Jersey
$220K +$220K +15,208 New
HI
23
Harbour Investments
Wisconsin
$180K +$180K +12,430 New
DAS
24
Dynamic Advisor Solutions
Arizona
$173K -$112K -7,779 -39%
CA
25
Calton & Associates
Florida
$169K -$35.7K -2,467 -17%

SPE Hedge Fund Activity: Q2 2021 in Review

42 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q2 2021, worth a combined $85.5M — up 45% from $59M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new SPE positions and 3 closed out — a net gain of 7 holders — while 10 added to existing stakes and 11 trimmed.

The largest buyer was Relative Value Partners Group, adding an estimated $27.1M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $3.91M sold.

  • 42 institutional investors held Special Opportunities Fund (SPE) as of Q2 2021, up from 35 in Q1 2021.
  • Funds reported $85.5M of Special Opportunities Fund stock for Q2 2021, up 45% quarter-over-quarter.
  • 10 funds opened new Special Opportunities Fund positions in Q2 2021 and 3 closed out, a net change of +7 holders.
  • The largest Special Opportunities Fund buyer in Q2 2021 was Relative Value Partners Group, an estimated $27.1M added.
  • The largest Special Opportunities Fund seller in Q2 2021 was Sit Investment Associates, an estimated $3.91M sold.

Based on aggregated 13F filings for Q2 2021.