Special Opportunities Fund (SPE) : Financial Investment Management Group Ltd reduced its stake in Special Opportunities Fund by 22.1% during the most recent quarter end. The investment management company now holds a total of 110,541 shares of Special Opportunities Fund which is valued at $1,603,950 after selling 31,353 shares in Special Opportunities Fund , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.Special Opportunities Fund makes up approximately 0.54% of Financial Investment Management Group Ltd’s portfolio.
Other Hedge Funds, Including , Blue Bell Private Wealth Management reduced its stake in SPE by selling 22,175 shares or 7.55% in the most recent quarter. The Hedge Fund company now holds 271,487 shares of SPE which is valued at $3,939,276. Special Opportunities Fund makes up approx 2.34% of Blue Bell Private Wealth Management’s portfolio.Msi Financial Services Inc reduced its stake in SPE by selling 6,727 shares or 50.74% in the most recent quarter. The Hedge Fund company now holds 6,532 shares of SPE which is valued at $94,400. Hilton Capital Management added SPE to its portfolio by purchasing 81,800 company shares during the most recent quarter which is valued at $1,195,916. Special Opportunities Fund makes up approx 0.31% of Hilton Capital Management’s portfolio.
Special Opportunities Fund Inc. is a diversified closed-end management investment company. The Fund’s investment objective is to achieve total return. The Fund employs an opportunistic investment philosophy with a particular emphasis on investing in discounted closed-end funds undervalued operating companies and other attractive special situations including risk arbitrage and distressed securities. The Fund’s investment portfolio consists of investment companies common stocks money market funds preferred stocks convertible bonds promissory notes liquidation claims warrants corporate bonds rights and convertible preferred stocks. Bulldog Investors LLC is the investment advisor of the Fund.