Boaz Weinstein Saba Capital Management
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.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
FS KKR Capital
FSK
|
+$43.9M |
| 2 |
Vertical Aerospace
EVTL
|
+$35M |
| 3 |
ASA
ASA Gold and Precious Metals
ASA
|
+$34.6M |
| 4 |
Apollo Global Management
APO
|
+$33.2M |
| 5 |
Ares Management
ARES
|
+$32M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BlackRock ESG Capital Allocation Term Trust
ECAT
|
+$64.6M |
| 2 |
NQP
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
|
+$35.7M |
| 3 |
AFB
AllianceBernstein National Municipal Income Fund
AFB
|
+$25.1M |
| 4 |
DIAX
Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
|
+$24.4M |
| 5 |
BlackRock Enhanced Global Dividend Trust
BOE
|
+$23.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 12.63% |
| 2 | Technology | 3.9% |
| 3 | Communication Services | 2.65% |
| 4 | Consumer Discretionary | 2.22% |
| 5 | Industrials | 1.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
PUT
Qualcomm
QCOM
$169B
| $28M | 0.77% |
217,700
-6,900
| -3% | -$1.01M |
|
|
GF
27
New Germany Fund
GF
$186M
| $26.5M | 0.73% |
2,595,140
+384,585
| +17% | +$4.45M |
|
28
PUT
Apple
AAPL
$4.51T
| $26.5M | 0.73% |
104,300
| – | – |
|
|
29
Ares Management
ARES
$31.9B
| $26.3M | 0.73% |
+241,097
| New | +$32M |
|
30
PUT
CrowdStrike
CRWD
$195B
| $26.2M | 0.72% |
268,400
-84,400
| -24% | -$8.94M |
|
|
31
Vertical Aerospace
EVTL
$132M
| $25.7M | 0.71% |
11,640,503
+7,691,459
| +195% | +$35M |
|
32
Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
$343M
| $24.7M | 0.68% |
+1,537,423
| New | +$27M |
|
33
PUT
Alibaba
BABA
$286B
| $24.5M | 0.68% |
195,500
+29,600
| +18% | +$4.45M |
|
34
Blackstone
BX
$108B
| $24.3M | 0.67% |
+211,134
| New | +$27.5M |
|
35
TRI-Continental Corp
TY
$1.89B
| $23.2M | 0.64% |
735,098
+33,497
| +5% | +$1.1M |
|
36
Snap
SNAP
$8.86B
| $21.7M | 0.6% |
4,727,808
+3,306,024
| +233% | +$19.5M |
|
37
Weibo
WB
$1.73B
| $21.3M | 0.59% |
2,437,357
+422,294
| +21% | +$4.24M |
|
38
Meta Platforms (Facebook)
META
$1.4T
| $20.4M | 0.56% |
35,583
+32,493
| +1,052% | +$20.8M |
|
39
NVIDIA
NVDA
$5.2T
| $19.9M | 0.55% |
114,068
+75,989
| +200% | +$13.9M |
|
40
Cannae Holdings
CNNE
$672M
| $19.5M | 0.54% |
1,714,994
| – | – |
|
|
GRX
41
Gabelli Healthcare & Wellness Trust
GRX
$150M
| $19.2M | 0.53% |
2,118,201
| – | – |
|
|
NML
42
Neuberger Energy Infrastructure and Income Fund Inc
NML
$597M
| $18.3M | 0.51% |
1,743,054
+326,572
| +23% | +$3.12M |
|
|
SABA
43
Saba Capital Income & Opportunities Fund II
SABA
$219M
| $18.2M | 0.5% |
2,190,968
| – | – |
|
|
OXLC
44
Oxford Lane Capital
OXLC
$906M
| $18.1M | 0.5% |
+1,852,145
| New | +$20.4M |
|
|
DMA
45
Destra Multi-Alternative Fund
DMA
$67.9M
| $18M | 0.5% |
2,220,648
| – | – |
|
|
ECF
46
Ellsworth Growth & Income Fund
ECF
$171M
| $17.9M | 0.49% |
1,604,273
-76,347
| -5% | -$906K |
|
|
JOF
47
Japan Smaller Capitalization Fund
JOF
$352M
| $17.5M | 0.48% |
1,601,806
-30,724
| -2% | -$351K |
|
48
Bumble
BMBL
$370M
| $17.4M | 0.48% |
5,337,549
| – | – |
|
|
VLOS
49
Velos Acquisition I Corp
VLOS
$252M
| $17M | 0.47% |
1,585,000
+1,570,771
| +11,039% | +$16.8M |
|
|
GLO
50
Clough Global Opportunities Fund
GLO
$248M
| $16.9M | 0.47% |
3,028,131
-17,809
| -0.6% | -$104K |
|
Similar funds
Boaz Weinstein's Q1 2026 Portfolio in Review
As of Q1 2026, Boaz Weinstein held 444 positions worth $3.62B, up 7.6% from $3.37B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
Boaz Weinstein deployed $438M of net new capital in Q1 2026, opening 94 new positions and adding to 65 existing holdings. Its largest new stake was FS KKR Capital: 3,509,748 shares worth $35.7M.
By sector, the portfolio is most concentrated in Financials at 13% of assets, up from 7.8% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was BlackRock ESG Capital Allocation Term Trust, an estimated $64.6M trimmed.
- Boaz Weinstein's largest Q1 2026 buy was FS KKR Capital: 3,509,748 shares worth $35.7M.
- Boaz Weinstein added most to Vertical Aerospace in Q1 2026, an estimated $35M increase.
- Boaz Weinstein's biggest Q1 2026 reduction was BlackRock ESG Capital Allocation Term Trust, cutting an estimated $64.6M.
- Boaz Weinstein fully exited Nuveen Pennsylvania Quality Municipal Income Fund in Q1 2026, selling an estimated $35.7M.
- Boaz Weinstein's ten largest holdings make up 43% of its $3.62B portfolio in Q1 2026.
- Boaz Weinstein opened 94 new positions and closed 54 in Q1 2026.
- Boaz Weinstein's portfolio value rose 7.6% quarter-over-quarter to $3.62B.
Based on Saba Capital Management's 13F filing for Q1 2026, filed 15 May 2026.