Special Opportunities Fund
SPE
38 hedge funds and large institutions have $45.5M invested in Special Opportunities Fund in 2024 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
3% more funds holding
Funds holding: 37 → 38 (+1)
1.19% more ownership
Funds ownership: 29.44% → 30.63% (+1.2%)
4% more capital invested
Capital invested by funds: $43.6M → $45.5M (+$1.95M)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$1.39M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.39M |
| 3 |
JFG
Jefferies Financial Group
New York
|
+$443K |
| 4 |
OC
Oppenheimer & Co
New York
|
+$336K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$331K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.59M |
| 2 |
EP
EPIQ Partners
Minneapolis,
Minnesota
|
-$938K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$820K |
| 4 |
AGM
Alpine Global Management
New York
|
-$348K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$317K |
SPE Hedge Fund Activity: Q4 2024 in Review
38 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in Special Opportunities Fund (SPE) for Q4 2024, worth a combined $45.5M — up 4.5% from $43.6M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SPE positions and 11 closed out — a net gain of 2 holders — while 4 added to existing stakes and 12 trimmed.
The largest buyer was Independent Advisor Alliance, opening a new position worth an estimated $1.39M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.59M.
- 38 institutional investors held Special Opportunities Fund (SPE) as of Q4 2024, up from 37 in Q3 2024.
- Funds reported $45.5M of Special Opportunities Fund stock for Q4 2024, up 4.5% quarter-over-quarter.
- 13 funds opened new Special Opportunities Fund positions in Q4 2024 and 11 closed out, a net change of +2 holders.
- The largest Special Opportunities Fund buyer in Q4 2024 was Independent Advisor Alliance, an estimated $1.39M added.
- The largest Special Opportunities Fund seller in Q4 2024 was Rivernorth Capital Management, an estimated $1.59M sold.
Based on aggregated 13F filings for Q4 2024.