[SCHEDULE 13G/A] Special Opportunities Fund, Inc. SEC Filing

Rhea-AI Filing Summary

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.

Positive

• Disclosed a material stake: ownership of 1,439,321.49 shares representing 13.6% of the class
• Sole voting and dispositive power over the reported shares, indicating direct control of voting and disposition for the position
• Certification that the shares are held in the ordinary course of business and not to change or influence control

Negative

• None.

Insights

Financial Analyst

TL;DR: A 13.6% stake is material and signals meaningful ownership, potentially affecting supply of free float and investor attention.

Kovitz reports 1,439,321.49 shares with sole voting and sole dispositive power, which confirms direct control over voting decisions for this block. The filing follows Schedule 13G formatting and includes a certification that the position is held in the ordinary course and not intended to influence control. For investors, a disclosed >5% holder is a notable ownership concentration that can affect liquidity and shareholder dynamics.

Corporate Governance Expert

TL;DR: This is a formal ownership disclosure; it documents significant ownership but contains no governance actions or proposals.

The amendment provides identification, address, and classification details and explicitly notes the position is not held to influence control. From a governance perspective, the filing informs other shareholders and the board of a substantial holder but does not indicate coordination, group status, or a plan to change governance. The disclosure is compliant and routine when crossing the 5% threshold.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

SPECIAL OPPORTUNITIES FUND, INC.

(Name of Issuer)

COMMON SHARES

(Title of Class of Securities)

84741T104

(CUSIP Number)

08/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 84741T104

1

Names of Reporting Persons

Kovitz Investment Group Partners, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,439,321.49
6	Shared Voting Power
7	Sole Dispositive Power 1,439,321.49
8	Shared Dispositive Power

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,439,321.49

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.6 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SPECIAL OPPORTUNITIES FUND, INC.
(b)	Address of issuer's principal executive offices: C/O US BANCORP FUND SERVICES, LLC, 615 EAST MICHIGAN AVENUE, MILWAUKEE, WISCONSIN, 53202
Item 2.
(a)	Name of person filing: KOVITZ INVESTMENT GROUP PARTNERS, LLC
(b)	Address or principal business office or, if none, residence: 71 SOUTH WACKER DRIVE, SUITE 1860, CHICAGO, IL 60606
(c)	Citizenship: DELAWARE
(d)	Title of class of securities: COMMON SHARES
(e)	CUSIP No.: 84741T104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1439321.49
(b)	Percent of class: 13.6 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1439321.49
	(ii) Shared power to vote or to direct the vote:
	(iii) Sole power to dispose or to direct the disposition of: 1439321.49
	(iv) Shared power to dispose or to direct the disposition of:
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Kovitz Investment Group Partners, LLC

Signature:	JEREMY WILSON
Name/Title:	CHIEF COMPLIANCE OFFICER
Date:	09/10/2025

FAQ

How many shares of SPE does Kovitz Investment Group Partners, LLC report owning?

The filing reports 1,439,321.49 shares of Special Opportunities Fund, Inc. (SPE).

What percentage of SPE does Kovitz own according to the Schedule 13G/A?

Kovitz reports ownership of 13.6% of the class.

Does Kovitz have voting or dispositive power over the reported SPE shares?

Yes; the filing states Kovitz has sole voting power and sole dispositive power over the 1,439,321.49 shares.

Is the position held to influence control of the issuer?

No; the certification states the shares are held in the ordinary course of business and not for the purpose of changing or influencing control.

What is the filing form and amendment number for this disclosure?

The document is an amended Schedule 13G (Amendment No. 2) for Special Opportunities Fund, Inc.