Special Opportunities Fund
SPE
35 hedge funds and large institutions have $27.9M invested in Special Opportunities Fund in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 9 closing their positions.
13.07% less ownership
Funds ownership: 50.14% → 37.07% (-13%)
19% less funds holding
Funds holding: 43 → 35 (-8)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
70% less capital invested
Capital invested by funds: $94M → $27.9M (-$66.1M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$833K |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$447K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$365K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$198K |
| 5 |
First Manhattan
New York
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$7.76M |
| 2 |
EP
EPIQ Partners
Minneapolis,
Minnesota
|
-$5.75M |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$3.89M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.46M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.76M |
SPE Hedge Fund Activity: Q1 2022 in Review
35 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q1 2022, worth a combined $27.9M — down 70% from $94M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SPE and 3 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 8 added.
The largest buyer was Clough Capital Partners, opening a new position worth an estimated $833K. The largest seller was Relative Value Partners Group, cutting an estimated $7.76M.
- 35 institutional investors held Special Opportunities Fund (SPE) as of Q1 2022, down from 43 in Q4 2021.
- Funds reported $27.9M of Special Opportunities Fund stock for Q1 2022, down 70% quarter-over-quarter.
- 3 funds opened new Special Opportunities Fund positions in Q1 2022 and 9 closed out, a net change of -6 holders.
- The largest Special Opportunities Fund buyer in Q1 2022 was Clough Capital Partners, an estimated $833K added.
- The largest Special Opportunities Fund seller in Q1 2022 was Relative Value Partners Group, an estimated $7.76M sold.
Based on aggregated 13F filings for Q1 2022.