Special Opportunities Fund (NYSE: SPE) holder reports 12.96% passive stake

Rhea-AI Filing Summary

Focus Partners Wealth has filed a Schedule 13G reporting a significant passive ownership position in Special Opportunities Fund, Inc. It reports beneficial ownership of 1,377,246 shares of common stock, representing 12.96% of the outstanding class.

The firm has sole power to vote and dispose of all 1,377,246 shares and no shared voting or dispositive power. It certifies that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the fund.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

SPECIAL OPPORTUNITIES FUND, INC.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

84741T104

(CUSIP Number)

01/01/2026

(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

Focus Partners Wealth

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

MISSOURI

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,377,246.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,377,246.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,377,246.00

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)

12.96 %

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: Focus Partners Wealth
(b)	Address or principal business office or, if none, residence: 190 CARONDELET PLAZA SUITE 600 ST LOUIS, Missouri 63105
(c)	Citizenship: Focus Partners Wealth - MISSOURI
(d)	Title of class of securities: Common Stock, par value $0.001 per share
(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: 1,377,246
(b)	Percent of class: 12.96 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Focus Partners Wealth - 1,377,246
	(ii) Shared power to vote or to direct the vote: Focus Partners Wealth - 0
	(iii) Sole power to dispose or to direct the disposition of: Focus Partners Wealth - 1,377,246
	(iv) Shared power to dispose or to direct the disposition of: Focus Partners Wealth - 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
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.

Focus Partners Wealth

Signature:	Vincent J. Gratch
Name/Title:	Deputy Chief Compliance Officer
Date:	01/08/2026

FAQ

What stake does Focus Partners Wealth report in Special Opportunities Fund (SPE)?

Focus Partners Wealth reports beneficial ownership of 1,377,246 shares of Special Opportunities Fund common stock, representing 12.96% of the outstanding class.

Is Focus Partners Wealth a passive or active holder of SPE shares?

The filing is a Schedule 13G and includes a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Does Focus Partners Wealth have sole or shared voting power over its SPE shares?

Focus Partners Wealth reports sole voting power and sole dispositive power over all 1,377,246 shares, with no shared voting or dispositive power.

Why was this ownership report for Special Opportunities Fund (SPE) required?

The filing was triggered because Focus Partners Wealth’s beneficial ownership in Special Opportunities Fund common stock exceeded 5%, requiring a beneficial ownership report.

What class of securities in SPE does Focus Partners Wealth own?

The position is in Common Stock of Special Opportunities Fund, Inc., with a par value of $0.001 per share and CUSIP 84741T104.

Who signed the Schedule 13G for Focus Partners Wealth?

The report was signed by Vincent J. Gratch, identified as Deputy Chief Compliance Officer.