Special Opportunities Fund
SPE
38 hedge funds and large institutions have $40.5M invested in Special Opportunities Fund in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
9% more funds holding
Funds holding: 35 → 38 (+3)
0.21% less ownership
Funds ownership: 29.37% → 29.16% (-0.21%)
14% less capital inflows, than outflows
Capital inflows: $1.8M | Capital outflows: $2.09M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$304K |
| 2 |
Sowell Financial Services
North Little Rock,
Arkansas
|
+$239K |
| 3 |
AGM
Alpine Global Management
New York
|
+$231K |
| 4 |
RL
RPO LLC
Stamford,
Connecticut
|
+$195K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Relative Value Partners Group
|
-$892K |
| 2 |
Wolverine Asset Management
Chicago,
Illinois
|
-$202K |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
-$179K |
| 4 |
Csenge Advisory Group
Clearwater,
Florida
|
-$149K |
| 5 |
Shaker Financial Services
Arlington,
Virginia
|
-$143K |
SPE Hedge Fund Activity: Q3 2023 in Review
38 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q3 2023, worth a combined $40.5M — down 3.4% from $41.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SPE positions and 4 closed out — a net gain of 3 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $304K. The largest seller was Relative Value Partners Group, cutting an estimated $892K.
- 38 institutional investors held Special Opportunities Fund (SPE) as of Q3 2023, up from 35 in Q2 2023.
- Funds reported $40.5M of Special Opportunities Fund stock for Q3 2023, down 3.4% quarter-over-quarter.
- 7 funds opened new Special Opportunities Fund positions in Q3 2023 and 4 closed out, a net change of +3 holders.
- The largest Special Opportunities Fund buyer in Q3 2023 was Susquehanna International Group, an estimated $304K added.
- The largest Special Opportunities Fund seller in Q3 2023 was Relative Value Partners Group, an estimated $892K sold.
Based on aggregated 13F filings for Q3 2023.