Vault-13

SPECIAL OPPORTUNITIES FD INC SPE 2.75 01.27.27 C

2.75% CNV PFD C · PUBLIC · CUSIP 84741T401

11 institutional holders +0 vs Q1 2026
1,675,8071.7m shares reported held*
$41.7mreported value*
0 new 4 added 3 reduced 0 sold out net bought ≈ $162.5k (+6.5k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($303.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.89.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

051015Q3 22: 10Q4 22: 10Q1 23: 10Q2 23: 10Q3 23: 10Q4 23: 8Q1 24: 10Q2 24: 9Q3 24: 10Q4 24: 11Q1 25: 11Q2 25: 11Q3 25: 12Q4 25: 12Q1 26: 11Q2 26: 1111Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202210
Q4 202210
Q1 202310
Q2 202310
Q3 202310
Q4 20238
Q1 202410
Q2 20249
Q3 202410
Q4 202411
Q1 202511
Q2 202511
Q3 202512
Q4 202512
Q1 202611
Q2 202611

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
10010Q3 24: 3 bought or addedQ3 24: 2 cut or sold outQ4 24: 2 bought or addedQ4 24: 3 cut or sold outQ4 24Q1 25: 3 bought or addedQ1 25: 3 cut or sold outQ2 25: 3 bought or addedQ2 25: 4 cut or sold outQ2 25Q3 25: 4 bought or addedQ3 25: 3 cut or sold outQ4 25: 4 bought or addedQ4 25: 7 cut or sold outQ4 25Q1 26: 5 bought or addedQ1 26: 5 cut or sold outQ2 26: 4 bought or addedQ2 26: 3 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202432
Q4 202423
Q1 202533
Q2 202534
Q3 202543
Q4 202547
Q1 202655
Q2 202643

Biggest buyers

CSS LLC/IL Added +17,363+17.4k
GatePass Capital, LLC Added +12,480+12.5k
UBS Group AG Added +492+492
Avise Financial Cooperative, Inc. Added +65+65

Biggest sellers

Focus Partners Wealth Reduced -23,653-23.7k
WELLS FARGO & COMPANY/MN Reduced -200-200
Beverly Hills Private Wealth, LLC Reduced -22-22

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Kovitz Investment Group Partners, LLC 13G · institution -2.4 pts · filed 2025-11-06 47.9% -2.4 pts 1.2m≈ $30.3m 2025-11-06
Focus Partners Wealth 13G · institution -4.5 pts · filed 2026-08-07 42.0% -4.5 pts 0 2026-08-07

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 1,095,2201.1m $27.3m $27.3m 0.03% Reduced -23.7k -23,653
2 CSS LLC/IL 0.40% of their portfolio CHICAGO, IL 362,349362.3k $9.0m $9.0m 0.40% Added +17.4k +17,363
3 GatePass Capital, LLC 1.48% of their portfolio INDEPENDENCE, OH 155,800155.8k $3.9m $3.9m 1.48% Added +12.5k +12,480
4 Beverly Hills Private Wealth, LLC 0.15% of their portfolio BEVERLY HILLS, CA 31,92631.9k $795.3k $795.3k 0.15% Reduced -22 -22
5 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 18,17418.2k $452.7k $452.7k 0.00% Reduced -200 -200
6 Avise Financial Cooperative, Inc. 0.22% of their portfolio LOS ANGELES, CA 12,21412.2k $304.3k $304.3k 0.22% Added +65 +65
7 UBS Group AG 0.00% of their portfolio ZURICH, V8 8,3928.4k $209.0k $209.0k 0.00% Added +492 +492
8 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.01% of their portfolio BLUE BELL, PA 2,7872.8k $69.4k $69.4k 0.01% Unchanged
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 646646 $16.1k $16.1k 0.00% Unchanged
10 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 295295 $7.3k $7.3k 0.00% Unchanged
11 WINMILL & CO. INC 0.00% of their portfolio WALPOLE, NH 200200 $5.0k $5.0k 0.00% Unchanged