Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Special Opportunities Fd Inc (SPE)

42 + Investors. Track Smart Money conviction in SPE. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
68%

Smart Money Signals — SPE

Based on 42 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their SPE positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (95% of max)

95% of all-time peak
42 hedge funds hold SPE right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +20% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+20% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 68% buying

32 buying15 selling
Last quarter: 32 funds were net buyers (4 opened a brand new position + 28 added to an existing one). Only 15 were sellers (9 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~4 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 8 → 5 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 21% medium ■ 21% new
24 out of 42 hedge funds have held SPE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

6 → 4 → 8 → 5 → 4 new funds/Q
New funds entering each quarter: 4 → 8 → 5 → 4. SPE is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 55% veterans vs 29% newcomers

■ 55% veterans ■ 17% 1-2yr ■ 29% new
Entry-cohort mix of 42 holders: 23 (55%) are 2+ year veterans, 7 entered 1–2 years ago, and 12 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
4 of 42 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — SPE

In 2026 Q1, 32 hedge funds were net buyers of SPE (4 opened a new position, 28 added to an existing one), while 15 reduced or exited (9 trimmed, 6 sold completely) — a 68% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 42.

Hedge Fund Ownership: SPE

How many hedge funds hold SPE — quarterly history vs. share price
Quarterly hedge fund ownership of SPE vs. share price

Market Analysis: SPE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SPE

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Special Opportunities Fd Inc (SPE) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SPE has moved relative to its sector benchmark (XLF) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 47d ago
SPE
+1.2%
XLF
+8.5%

SPE outperformed XLF by -7.3% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 2d ago
SPE
+0.0%
XLF
+0.0%

Since the filing became public, SPE outperformed XLF by +0.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: SPE
2026 Q2 Stats Unlock in 3 days 42 + Investors

Track Smart Money conviction in SPE. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 42 43 -2.33%
13F Shares 3M 3M 3.21%
Total Value $43M $45M -4.0%
New Positions 4 5 -1
Increased Positions 28 14 +14
Closed Positions 5 2 +3
Reduced Positions 9 10 -1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SPE

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q2)

42 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SPE. Verified SEC 13F-HR filings.

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 SPE holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Shaker Financial Services, LLC 2.81% 664,992 $9.0M
2 Blue Bell Private Wealth Management, LLC 0.60% 356,979 $4.8M
3 GatePass Capital, LLC 0.29% 57,374 $773K
4 PMG Family Office LLC 0.13% 10,137 $137K
5 Patron Partners, LLC 0.07% 14,274 $192K
6 Css LLC/Il 0.06% 122,529 $1.7M
7 Permanent Capital Management, LP 0.04% 22,114 $298K
8 TrueMark Investments, LLC 0.03% 17,348 $234K
9 Detalus Advisors, LLC 0.03% 10,823 $146K
10 Live Oak Private Wealth LLC 0.03% 15,333 $207K
11 Lanark Financial, INC. 0.02% 26,664 $359K
12 Advisors Asset Management, Inc. 0.02% 106,335 $1.4M
13 NWF Advisory Services Inc. 0.02% 13,606 $183K
14 Focus Partners Wealth 0.02% 1,245,185 $16.8M
15 Rivernorth Capital Management, LLC 0.01% 17,348 $234K
16 Leavell Investment Management, INC. 0.01% 16,800 $226K
17 Sowell Financial Services LLC 0.01% 17,933 $242K
18 Winmill & CO. Inc 0.01% 2,093 $28K
19 Scotia Capital INC. 0.01% 108,784 $1.5M
20 Oppenheimer & Co Inc 0.01% 36,489 $492K
21 Ancora Advisors LLC 0.00% 16,250 $219K
22 Keating Financial Advisory Services, Inc. 0.00% 1,730 $23K
23 Harbour Investments, INC. 0.00% 13,000 $175K
24 XTX Topco Ltd 0.00% 10,990 $148K
25 Guggenheim Capital LLC 0.00% 20,419 $275K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Special Opportunities Fd Inc (SPE)

What does the Smart Money Trend signal show for SPE?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their SPE positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for SPE?

More buyers than sellers — 68% buying: Last quarter: 32 funds were net buyers (4 opened a brand new position + 28 added to an existing one). Only 15 were sellers (9 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SPE holders?

Smaller funds dominant — 4% AUM from top-100: 4 of 42 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held SPE?

57% of holders stayed for 2+ years: 24 out of 42 hedge funds have held SPE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Special Opportunities Fd Inc (SPE) following the 2026 Q2 hedge fund 13F filings?

As of today, SPE has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLF sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), SPE has gained +1.2% vs +8.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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