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SPE

Special Opportunities Fund

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.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.82% less ownership

Funds ownership: 34.38%32.55% (-1.8%)

3% less funds holding

Funds holding: 3534 (-1)

17% less capital invested

Capital invested by funds: $53M → $43.8M (-$9.11M)

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

Holders
34
Holders Change
-1
Holders Change %
-2.86%
% of All Funds
0.59%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
8
Reduced
12
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RVPG
1
Relative Value Partners Group
$19.9M -$1.31M -107,883 -5%
RCM
2
Rivernorth Capital Management
Florida
$5.88M -$851K -70,145 -11%
EP
3
EPIQ Partners
Minnesota
$3.71M +$2.44K +201 +0.1%
CL
4
CSS LLC
Illinois
$3.02M
BBPWM
5
Blue Bell Private Wealth Management
Pennsylvania
$2.41M +$113K +9,338 +4%
SC
6
Scotia Capital
Ontario, Canada
$995K +$51.5K +4,249 +5%
TJHA
7
Thomas J. Herzfeld Advisors
Florida
$931K -$1.35M -111,204 -56%
SFS
8
Shaker Financial Services
Virginia
$872K +$998K +82,315 New
Osaic Holdings
9
Osaic Holdings
Arizona
$751K -$29.4K -2,428 -3%
AA
10
Ancora Advisors
Ohio
$687K -$76.1K -6,277 -9%
SC
11
Sarissa Consulting
California
$660K
First Manhattan
12
First Manhattan
New York
$642K +$41.9K +3,455 +6%
Morgan Stanley
13
Morgan Stanley
New York
$619K +$230K +18,986 +48%
RJA
14
Raymond James & Associates
Florida
$374K +$32.8K +2,707 +8%
Wells Fargo
15
Wells Fargo
California
$333K -$6.09K -502 -2%
PAG
16
Private Advisor Group
New Jersey
$286K
CA
17
Calton & Associates
Florida
$230K +$3.64K +300 +1%
TIM
18
Triad Investment Management
California
$215K +$246K +20,323 New
MIM
19
Meixler Investment Management
Arizona
$195K -$14K -1,152 -6%
GC
20
Guggenheim Capital
Illinois
$194K -$715 -59 -0.3%
SPIA
21
Steward Partners Investment Advisory
New York
$180K
HI
22
Harbour Investments
Wisconsin
$166K
NA
23
NewEdge Advisors
Louisiana
$151K +$23.4K +1,933 +16%
DAS
24
Dynamic Advisor Solutions
Arizona
$118K
CAG
25
Csenge Advisory Group
Florida
$117K +$134K +11,050 New

SPE Hedge Fund Activity: Q3 2022 in Review

34 of the 5,805 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.