Welcome to our dedicated page for Special Opportunities Fund SEC filings (Ticker: SPE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Special Opportunities Fund, Inc. filings document governance and shareholder voting for a Maryland closed-end investment fund with common stock and preferred stock outstanding. The definitive proxy materials describe annual-meeting procedures, voting rights for common and preferred stockholders, Board matters and other governance disclosures tied to the Fund’s registered investment company structure.
The filing record also provides formal context for the Fund’s capital structure, including preferred-stock securities, and for stockholder-control, meeting and proxy-solicitation matters that accompany a listed closed-end fund.
Kovitz Investment Group Partners, LLC filed an amended Schedule 13G reporting beneficial ownership in Special Opportunities Fund, Inc. (SPE) 2.75% Convertible Preferred C. Kovitz reports 1,216,712.22 shares, representing 47.9% of this class.
The firm has sole voting power and sole dispositive power over 1,216,712.22 shares, with no shared power disclosed. The filing cites that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The date of the reportable event is October 31, 2024.
Special Opportunities Fund, Inc. (SPE) filed its definitive proxy for the annual meeting scheduled for December 11, 2025 at 2:00 p.m. ET at Blank Rome LLP in New York. Stockholders will vote on electing six directors: four to be chosen by common and preferred holders voting together and two to be chosen by preferred holders voting separately. The Board recommends voting “FOR” all nominees.
The record date is October 20, 2025. Stockholders can vote by internet, telephone, mail, or in person, and may revoke a proxy by submitting a later vote or voting at the meeting. As of the record date, 10,623,154 shares of common stock and 2,235,775 shares of preferred stock were outstanding. Quorum requires a majority of votes entitled to be cast for the relevant class; director elections are decided by a plurality of votes cast.
The Board combined its Audit and Valuation functions into an Audit & Valuation Committee in September 2025. Tait, Weller & Baker LLP audited the 2024 financials and is selected for 2025; 2024 fees were $39,000 for audit, $2,000 audit‑related, and $4,000 tax. Independent Director retainers increase from $55,000 to $60,000 beginning January 1, 2026.
Special Opportunities Fund filed a Form 144 reporting a proposed sale of 790 common shares through Fidelity Brokerage Services LLC on 10/07/2025, valued at $19,750 based on the filing. The filing states those shares were acquired in an open market purchase on 01/26/2022 and paid for in cash on 12/26/2022. The notice lists multiple sales by Kovitz Investment Group during the past three months, including a sale of 53,541 shares generating $1,338,525. The signer affirms no undisclosed material adverse information.
Form 144 notice for Special Opportunities Fund, Inc. (SPE): The filing reports a proposed sale of 53,541 shares of Common Stock through Fidelity Brokerage Services LLC on the NYSE with an aggregate market value of $1,346,556.15. The filing shows 2,235,775 shares outstanding and an approximate sale date of 09/12/2025. Acquisition details list Preferred-class purchases made in the open market on 01/26/2022 (49,586 units) and 03/09/2023 (3,955 units), paid by cash. Recent sales by Kovitz Investment Group for the Special Opportunities Fund are disclosed for six transactions between 05/14/2025 and 09/10/2025, with individual gross proceeds shown. The filer certifies no undisclosed material adverse information.
Form 144 filed relating to proposed sale of issuer securities. The notice records a proposed sale of 1,602 shares of common stock through Fidelity Brokerage Services with an aggregate market value of $40,127.85, an approximate sale date of 09/10/2025, and listing on the NYSE. The securities were acquired via an open market purchase on 01/26/2022 and paid for in cash on 12/26/2022. The filing also discloses five prior sales by Kovitz Investment Group of the issuer's Special Opportunities Fund totaling 6,189 shares with gross proceeds of $150,600.93 across dates from 05/14/2025 to 07/15/2025. The filer attests there is no undisclosed material adverse information.
Kovitz Investment Group Partners, LLC reports beneficial ownership of 1,439,321.49 common shares of Special Opportunities Fund, Inc., representing 13.6% of the class. The filing states Kovitz has sole voting and sole dispositive power over all reported shares, and certifies the position is held in the ordinary course of business and not for the purpose of changing or influencing control. The disclosure appears as an Amendment No. 2 to a Schedule 13G, identifying the issuer and CUSIP and providing Kovitz’s principal address and Delaware organization status.
Kovitz Investment Group Partners, LLC reports beneficial ownership of 1,439,321.49 common shares of Special Opportunities Fund, Inc., representing 13.6% of the class. The filing states Kovitz has sole voting and sole dispositive power over all reported shares, and certifies the position is held in the ordinary course of business and not for the purpose of changing or influencing control. The disclosure appears as an Amendment No. 2 to a Schedule 13G, identifying the issuer and CUSIP and providing Kovitz’s principal address and Delaware organization status.
Kovitz Investment Group Partners, LLC reports beneficial ownership of 1,439,321.49 common shares of Special Opportunities Fund, Inc., representing 13.6% of the class. The filing states Kovitz has sole voting and sole dispositive power over all reported shares, and certifies the position is held in the ordinary course of business and not for the purpose of changing or influencing control. The disclosure appears as an Amendment No. 2 to a Schedule 13G, identifying the issuer and CUSIP and providing Kovitz’s principal address and Delaware organization status.
Kovitz Investment Group Partners, LLC reports holding a majority stake in Special Opportunities Fund, Inc. The filer states it beneficially owns 1,279,365.51 shares of the 2.75% Convertible Preferred C (CUSIP 84741T401), representing 50.32% of that class. The filing indicates the shares are held with sole voting and dispositive power and were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer. Contact and address details for the issuer and filer are provided in the statement.
Kovitz Investment Group Partners, LLC reports holding a majority stake in Special Opportunities Fund, Inc. The filer states it beneficially owns 1,279,365.51 shares of the 2.75% Convertible Preferred C (CUSIP 84741T401), representing 50.32% of that class. The filing indicates the shares are held with sole voting and dispositive power and were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer. Contact and address details for the issuer and filer are provided in the statement.
Kovitz Investment Group Partners, LLC reports holding a majority stake in Special Opportunities Fund, Inc. The filer states it beneficially owns 1,279,365.51 shares of the 2.75% Convertible Preferred C (CUSIP 84741T401), representing 50.32% of that class. The filing indicates the shares are held with sole voting and dispositive power and were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer. Contact and address details for the issuer and filer are provided in the statement.
Phillip Goldstein, identified as a director and officer (Chairman and Secretary) of Special Opportunities Fund, Inc. (SPE), reported transactions dated 08/22/2025. The filing shows a disposal of 34,822 shares of Common Stock in Table I. Table II reports a 2.75% Convertible Preferred Stock, Series C transaction dated 08/22/2025 with 3,000 shares (code S) and notes that those preferred shares convert immediately into common stock at a current conversion ratio of 1.5303 common shares per preferred share. The preferred shares will be redeemed by the issuer if not converted before January 21, 2027. The form is signed by Stephanie Darling as Power of Attorney for Mr. Goldstein on 08/25/2025. The filing shows an additional entry referencing 4,591 common shares at a price of $25.10 (Table II) and marks ownership forms as direct where specified.
Form 144 notice for Special Opportunities Fund, Inc. (SPE) reports a proposed sale of 410 shares of Common Stock on the NYSE, with an aggregate market value of $10,086.00 and approximately 2,235,775 shares outstanding. The seller acquired the 410 shares via an open market purchase on 01/26/2022 and paid in cash. The form lists recent disposition activity by Kovitz Investment Group in the issuer's Special Opportunities Fund totaling 4,967 shares sold across four transactions from 05/29/2025 through 07/15/2025 for combined gross proceeds of $120,150.72. The filer certifies no undisclosed material adverse information is known and includes the standard attestation language regarding Rule 10b5-1 plans and criminal penalties for misstatement.
Special Opportunities Fund, Inc. (NYSE: SPE) – Form 144 filing
Kovitz Investment Group, acting on behalf of an unnamed account, has filed a Form 144 indicating its intent to sell 134 common shares of Special Opportunities Fund, Inc. through Fidelity Brokerage Services on or after 15 July 2025. The shares to be sold represent less than 0.01 % of the fund’s 2,235,775 shares outstanding and have an aggregate market value of $3,266.93.
The filing also discloses that the same account has disposed of 6,055 shares of the fund in the previous three-month period across four transactions, generating gross proceeds of approximately $147,334. All reported sales were executed on public markets and appear to be routine portfolio activity rather than insider disposition, as the filing does not identify the seller as an officer, director or affiliate of the issuer.
Rule 144 notices are procedural and do not obligate the filer to complete the sale; they merely provide advance disclosure that the shares are eligible for public resale under the Securities Act. Given the small size of the proposed sale relative to the float, the filing is unlikely to exert meaningful market pressure or materially affect the fund’s capital structure.