Special Opportunities Fund
SPE
34 hedge funds and large institutions have $43.8M invested in Special Opportunities Fund in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.74% less ownership
Funds ownership: 32.84% → 31.1% (-1.7%)
3% less funds holding
Funds holding: 35 → 34 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
60% less capital inflows, than outflows
Capital inflows: $1.88M | Capital outflows: $4.68M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Shaker Financial Services
Arlington,
Virginia
|
+$998K |
| 2 |
Triad Investment Management
Newport Beach,
California
|
+$246K |
| 3 |
Morgan Stanley
New York
|
+$230K |
| 4 |
Csenge Advisory Group
Clearwater,
Florida
|
+$134K |
| 5 |
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.35M |
| 2 |
Relative Value Partners Group
|
-$1.31M |
| 3 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$851K |
| 4 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$590K |
| 5 |
Sowell Financial Services
North Little Rock,
Arkansas
|
-$215K |
SPE Hedge Fund Activity: Q3 2022 in Review
34 of the 5,832 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q3 2022, worth a combined $43.8M — down 17% from $53M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SPE and 4 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 8 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $998K. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $1.35M.
- 34 institutional investors held Special Opportunities Fund (SPE) as of Q3 2022, down from 35 in Q2 2022.
- Funds reported $43.8M of Special Opportunities Fund stock for Q3 2022, down 17% quarter-over-quarter.
- 4 funds opened new Special Opportunities Fund positions in Q3 2022 and 5 closed out, a net change of -1 holder.
- The largest Special Opportunities Fund buyer in Q3 2022 was Shaker Financial Services, an estimated $998K added.
- The largest Special Opportunities Fund seller in Q3 2022 was Thomas J. Herzfeld Advisors, an estimated $1.35M sold.
Based on aggregated 13F filings for Q3 2022.