Special Opportunities Fund (SPE) : Relative Value Partners Group reduced its stake in Special Opportunities Fund by 1.66% during the most recent quarter end. The investment management company now holds a total of 2,309,727 shares of Special Opportunities Fund which is valued at $33,514,139 after selling 38,873 shares in Special Opportunities Fund , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Special Opportunities Fund makes up approximately 3.89% of Relative Value Partners Group’s portfolio.
Other Hedge Funds, Including , Rivernorth Capital Management boosted its stake in SPE in the latest quarter, The investment management firm added 21,846 additional shares and now holds a total of 159,632 shares of Special Opportunities Fund which is valued at $2,316,260. Special Opportunities Fund makes up approx 0.13% of Rivernorth Capital Management’s portfolio. Tower Research Capital (trc) sold out all of its stake in SPE during the most recent quarter. The investment firm sold 100 shares of SPE which is valued $1,451.Shaker Financial Services boosted its stake in SPE in the latest quarter, The investment management firm added 19,134 additional shares and now holds a total of 83,484 shares of Special Opportunities Fund which is valued at $1,182,133. Special Opportunities Fund makes up approx 0.80% of Shaker Financial Services’s portfolio.Financial Investment Management Group Ltd reduced its stake in SPE by selling 422 shares or 0.3% in the most recent quarter. The Hedge Fund company now holds 141,894 shares of SPE which is valued at $2,037,598. Special Opportunities Fund makes up approx 0.58% of Financial Investment Management Group Ltd’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.