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SPE

Special Opportunities Fund

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.

New
Increased
Maintained
Reduced
Closed

13.07% less ownership

Funds ownership: 50.14%37.07% (-13%)

19% less funds holding

Funds holding: 4335 (-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: 20 (-2)

Holders
35
Holders Change
-8
Holders Change %
-18.6%
% of All Funds
0.55%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
3
Increased
8
Reduced
14
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$11.6M -$1.76M -124,638 -13%
CL
2
CSS LLC
Illinois
$4.8M +$447K +31,606 +10%
RVPG
3
Relative Value Partners Group
$1.65M -$7.76M -549,126 -16%
SC
4
Scotia Capital
Ontario, Canada
$1.18M +$55.8K +3,948 +5%
SC
5
Sarissa Consulting
California
$1.07M
First Manhattan
6
First Manhattan
New York
$898K +$146K +10,322 +20%
CCP
7
Clough Capital Partners
Massachusetts
$845K +$833K +58,935 New
TJHA
8
Thomas J. Herzfeld Advisors
Florida
$778K -$2.46M -174,277 -76%
Morgan Stanley
9
Morgan Stanley
New York
$512K +$30.6K +2,163 +6%
Wells Fargo
10
Wells Fargo
California
$504K +$4.54K +321 +0.9%
RJA
11
Raymond James & Associates
Florida
$500K +$1.47K +104 +0.3%
SPIA
12
Steward Partners Investment Advisory
New York
$499K +$365K +25,820 +288%
AA
13
Ancora Advisors
Ohio
$378K -$881K -62,339 -70%
PAG
14
Private Advisor Group
New Jersey
$377K
EP
15
EPIQ Partners
Minnesota
$335K -$5.75M -407,078 -95%
MIM
16
Meixler Investment Management
Arizona
$322K -$3.25K -230 -1%
CA
17
Calton & Associates
Florida
$289K -$31.8K -2,247 -10%
Osaic Holdings
18
Osaic Holdings
Arizona
$273K -$287K -20,341 -52%
GC
19
Guggenheim Capital
Illinois
$264K -$2.15K -152 -0.8%
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$202K +$198K +14,026 New
DAS
21
Dynamic Advisor Solutions
Arizona
$163K -$4.44K -314 -3%
CA
22
Crewe Advisors
Utah
$105K
UBS Group
23
UBS Group
Switzerland
$100K
SIA
24
SkyView Investment Advisors
New Jersey
$77K -$231K -16,347 -75%
GWM
25
Geneos Wealth Management
Colorado
$40K

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.