Special Opportunities Fund
SPE
36 hedge funds and large institutions have $44.4M invested in Special Opportunities Fund in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 8 closing their positions.
10% more capital invested
Capital invested by funds: $40.5M → $44.4M (+$3.93M)
4.55% more ownership
Funds ownership: 30.53% → 35.08% (+4.6%)
5% less funds holding
Funds holding: 38 → 36 (-2)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.43M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$494K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$459K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$253K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$157K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$453K |
| 2 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
-$355K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$293K |
| 4 |
TIM
Triad Investment Management
Newport Beach,
California
|
-$271K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$214K |
SPE Hedge Fund Activity: Q4 2023 in Review
36 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q4 2023, worth a combined $44.4M — up 9.7% 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 13 trimmed existing stakes and 10 added.
The largest buyer was Morgan Stanley, adding an estimated $1.43M. 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 $44.4M of Special Opportunities Fund stock for Q4 2023, up 9.7% 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 Morgan Stanley, an estimated $1.43M 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.