Special Opportunities Fund
SPE
36 hedge funds and large institutions have $42.8M invested in Special Opportunities Fund in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 8 closing their positions.
3.13% more ownership
Funds ownership: 29.16% → 32.3% (+3.1%)
5% less funds holding
Funds holding: 38 → 36 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
40% less capital inflows, than outflows
Capital inflows: $1.55M | Capital outflows: $2.58M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$494K |
| 2 |
Clough Capital Partners
Boston,
Massachusetts
|
+$459K |
| 3 |
Matisse Capital
Portland,
Oregon
|
+$253K |
| 4 |
Landscape Capital Management
Englewood,
New Jersey
|
+$157K |
| 5 |
Advisory Services Network
Atlanta,
Georgia
|
+$42.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$453K |
| 2 |
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
-$355K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$293K |
| 4 |
Triad Investment Management
Newport Beach,
California
|
-$271K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$214K |
SPE Hedge Fund Activity: Q4 2023 in Review
36 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q4 2023, worth a combined $42.8M — up 5.7% from $40.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SPE and 6 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 9 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $494K. The largest seller was Robinson Capital Management, exiting entirely with an estimated $453K sold.
- 36 institutional investors held Special Opportunities Fund (SPE) as of Q4 2023, down from 38 in Q3 2023.
- Funds reported $42.8M of Special Opportunities Fund stock for Q4 2023, up 5.7% quarter-over-quarter.
- 6 funds opened new Special Opportunities Fund positions in Q4 2023 and 8 closed out, a net change of -2 holders.
- The largest Special Opportunities Fund buyer in Q4 2023 was Rivernorth Capital Management, an estimated $494K added.
- The largest Special Opportunities Fund seller in Q4 2023 was Robinson Capital Management, an estimated $453K sold.
Based on aggregated 13F filings for Q4 2023.