CSS, LLC Amends Special Opportunities Fund Stake

TL;DR

**CSS, LLC just updated their stake in Special Opportunities Fund, Inc. as of year-end 2023.**

AI Summary

CSS, LLC filed an amended Schedule 13G/A on February 9, 2024, indicating a change in their beneficial ownership of Special Opportunities Fund, Inc. common stock as of December 31, 2023. This filing, an amendment (Amendment No. 1), updates their previous disclosure regarding their holdings in the fund. This matters to investors because it provides transparency into significant ownership stakes, which can influence corporate governance and potentially signal confidence or a shift in strategy by large institutional holders.

Why It Matters

This filing updates the public on a significant investor's position, offering insight into institutional sentiment and potential influence on the Special Opportunities Fund, Inc.

Risk Assessment

Risk Level: low — This is a routine amendment filing, not indicating any immediate or significant risk to the company or its investors.

Analyst Insight

Investors should note this routine update from CSS, LLC. While not immediately impactful, it's a data point for tracking institutional ownership changes in Special Opportunities Fund, Inc. No immediate action is suggested based solely on this amendment.

Key Players & Entities

• CSS, LLC (company) — the entity filing the SC 13G/A amendment
• Special Opportunities Fund, Inc. (company) — the issuer of the securities being reported on
• December 31, 2023 (date) — the date of the event which required the filing of this statement
• Illinois, USA (company) — place of organization for CSS, LLC
• 84741T104 (other) — CUSIP Number for Special Opportunities Fund, Inc. common stock

FAQ

Filing Documents

• spea1_20624.htm (SC 13G/A) — 26KB
• 0001085146-24-001009.txt ( ) — 27KB

(a)

ITEM 1(a). NAME OF ISSUER: Special Opportunities Fund, Inc.

(b)

ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: C/o US Bancorp Fund Services, LLC 615 East Michigan Avenue Milwaukee, WI 53202

(a)

ITEM 2(a). NAME OF PERSON FILING: CSS, LLC

(b)

ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 175 W. Jackson Blvd Suite 440 Chicago, IL 60604

(c)

ITEM 2(c). CITIZENSHIP: Illinois, USA

(d)

ITEM 2(d). TITLE OF CLASS OF SECURITIES: common

(e)

ITEM 2(e). CUSIP NUMBER: 84741T104 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b), or 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. 78c); (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); (k) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution: 60604 ITEM 4. (a) Amount beneficially owned: 647,000 * (b) Percent of class: 5.678% (c) Number of shares as to which the person has: (i) sole power to vote or to direct the vote: CSS, LLC : 647,000 * (ii) shared power to vote or to direct the vote: CSS, LLC : 0 (iii) sole power to dispose or direct the disposition of: CSS, LLC : 647,000 * (iv) shared power to dispose or to direct the disposition of: CSS, LLC : 0 ITEM 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner

View Full Filing

View this SC 13G/A filing on SEC EDGAR