We are live on ! Find out more
BW

Boaz Weinstein Saba Capital Management

AUM $3.9B
1-Year Est. Return 12.9%
 

Boaz Weinstein is the founder of Saba Capital Management, a firm known for credit, derivatives, and event-driven strategies. He previously built a major credit trading franchise at Deutsche Bank before launching Saba. Weinstein is also widely followed for activism in closed-end funds and for views on credit markets and volatility.

This Fund
S&P 500
This Quarter Est. Return
-3.79%
1 Year Est. Return
+12.9%
3 Year Est. Return
+34.99%
5 Year Est. Return
+42.32%
10 Year Est. Return
+54.91%
AUM
$4.27B
AUM Growth
-$530M
Cap. Flow
-$408M
Cap. Flow %
-9.56%
Top 10 Hldgs %
53.58%
Holding
370
New
14
Increased
54
Reduced
78
Closed
84

Top Buys

Rank Stock Value
1
BTX
BlackRock Technology and Private Equity Term Trust
BTX
+$33.6M
2
TYG
Tortoise Energy Infrastructure Corp
TYG
+$24.1M
3
GAM
General American Investors Company
GAM
+$23M
4
CNNE icon
Cannae Holdings
CNNE
+$21.3M
5
GDV icon
Gabelli Dividend & Income Trust
GDV
+$19.8M

Top Sells

Rank Stock Value
1
VMO icon
Invesco Municipal Opportunity Trust
VMO
+$40.2M
2
BCAT icon
BlackRock Capital Allocation Term Trust
BCAT
+$40.2M
3
NAC icon
Nuveen California Quality Municipal Income Fund
NAC
+$34M
4
VTN icon
Invesco Trust for Investment Grade New York Municipals
VTN
+$28.7M
5
VPV icon
Invesco Pennsylvania Value Municipal Income Trust
VPV
+$26.5M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 1.37%
2 Communication Services 1.12%
3 Technology 0.81%
4 Financials 0.81%
5 Industrials 0.45%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
UNFI icon
301
PUT
United Natural Foods
UNFI
$2.91B
– –
-88,500
Closed -$1.49M
VCV icon
302
Invesco California Value Municipal Income Trust
VCV
$516M
– –
-1,663,043
Closed -$18.1M
VGM icon
303
Invesco Trust Investment Grade Municipals
VGM
$559M
– –
-2,404,317
Closed -$25.4M
VKQ icon
304
Invesco Municipal Trust
VKQ
$537M
– –
-2,456,292
Closed -$25.2M
FLDDW
305
Fold Holdings Warrant
FLDDW
– –
-724,897
Closed -$144K
BZAIW
306
Blaize Holdings Warrants
BZAIW
$4M
– –
-1,406,864
Closed -$281K
QTI
307
QT Imaging Holdings
QTI
$42.6M
– –
-198,266
Closed -$141K
ALSAW
308
DELISTED
Alpha Star Acquisition Corp Warrants
ALSAW
– –
-475,245
Closed -$5.3K
ALSAR
309
DELISTED
Alpha Star Acquisition Corp Rights
ALSAR
– –
-105,426
Closed -$11.3K
CFFSW
310
DELISTED
CF Acquisition Corp. VII Warrant
CFFSW
– –
-119,370
Closed -$6.57K
IVCBW
311
DELISTED
Investcorp Europe Acquisition Corp I Warrant
IVCBW
– –
-899,952
Closed -$6.03K
NVACR
312
DELISTED
NorthView Acquisition Corporation Rights
NVACR
– –
-1,179,462
Closed -$60.3K
KACLR
313
DELISTED
Kairous Acquisition Corp. Limited Rights
KACLR
– –
-575,000
Closed -$48.9K
KACLW
314
DELISTED
Kairous Acquisition Corp. Limited Warrants
KACLW
– –
-286,048
Closed -$2.49K
NDP
315
DELISTED
TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP
– –
-169,805
Closed -$6.39M
NVACW
316
DELISTED
NorthView Acquisition Corporation Warrant
NVACW
– –
-588,387
Closed -$18.4K
PRLHW
317
DELISTED
Pearl Holdings Acquisition Corp Warrant
PRLHW
– –
-477,255
Closed -$12K
ATEK.WS
318
DELISTED
Athena Technology Acquisition Corp. II Redeemable Warrants
ATEK.WS
– –
-1,023,684
Closed -$35K
BFAC.WS
319
DELISTED
Battery Future Acquisition Corp. Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share
BFAC.WS
– –
-849,998
Closed -$14.9K
BOCNW
320
DELISTED
Blue Ocean Acquisition Corp Warrants
BOCNW
– –
-90,594
Closed -$1.87K
EVE.WS
321
DELISTED
EVe Mobility Acquisition Corp Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
EVE.WS
– –
-899,999
Closed -$40K
GHIXW
322
DELISTED
Gores Holdings IX, Inc. Warrant
GHIXW
– –
-854,745
Closed -$75K
GLLIW
323
DELISTED
Globalink Investment Inc. Warrants
GLLIW
– –
-594,748
Closed -$16.4K
GLLIR
324
DELISTED
Globalink Investment Inc. Rights
GLLIR
– –
-194,748
Closed -$27.8K
IGTAR
325
DELISTED
Inception Growth Acquisition Limited Rights
IGTAR
– –
-221,574
Closed -$28.8K
11 12
13
14 15

Similar funds

MCM
Masters Capital Management Atlanta, Georgia $3.9B AUM 50.88% 1-Year Est. Return
LCM
Laurion Capital Management New York $3.9B AUM 75.03% 1-Year Est. Return
NAM
NorthCrest Asset Manangement Plymouth, Minnesota $3.89B AUM 40.33% 1-Year Est. Return
FFGIM
Founders Fund Growth II Management San Francisco, California $3.9B AUM
CIP
Champlain Investment Partners Burlington, Vermont $3.89B AUM 16.15% 1-Year Est. Return
AC
Anther Capital Hong Kong $3.91B AUM
GL
GTCR LLC Chicago, Illinois $3.91B AUM 14.64% 1-Year Est. Return
LNC
Lincoln National Corp Radnor, Pennsylvania $3.91B AUM 14.77% 1-Year Est. Return

Boaz Weinstein's Q4 2024 Portfolio in Review

As of Q4 2024, Boaz Weinstein held 370 positions worth $4.27B, down 11% from $4.8B the previous quarter. Its ten largest holdings account for 54% of the portfolio.

Boaz Weinstein withdrew a net $408M in Q4 2024, closing 84 positions and reducing 78 holdings. Its most notable exit was Nuveen California Quality Municipal Income Fund, an estimated $34M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 1.4% of assets, up from 0.85% a quarter earlier, followed by Communication Services and Technology.

Against the trend, Boaz Weinstein opened a new position in Merlin Inc worth $12.1M.

  • Boaz Weinstein's largest Q4 2024 buy was Merlin Inc: 1,224,823 shares worth $12.1M.
  • Boaz Weinstein added most to BlackRock Technology and Private Equity Term Trust in Q4 2024, an estimated $33.6M increase.
  • Boaz Weinstein's biggest Q4 2024 reduction was Invesco Municipal Opportunity Trust, cutting an estimated $40.2M.
  • Boaz Weinstein fully exited Nuveen California Quality Municipal Income Fund in Q4 2024, selling an estimated $34M.
  • Boaz Weinstein's ten largest holdings make up 54% of its $4.27B portfolio in Q4 2024.
  • Boaz Weinstein opened 14 new positions and closed 84 in Q4 2024.
  • Boaz Weinstein's portfolio value fell 11% quarter-over-quarter to $4.27B.

Based on Saba Capital Management's 13F filing for Q4 2024, filed 14 Feb 2025.