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
+3.86%
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
$5.24B
AUM Growth
-$2.15B
Cap. Flow
-$2.37B
Cap. Flow %
-45.31%
Top 10 Hldgs %
21.94%
Holding
1,000
New
76
Increased
83
Reduced
101
Closed
235

Top Buys

Rank Stock Value
1
BTX
BlackRock Technology and Private Equity Term Trust
BTX
+$52.7M
2
ADX icon
Adams Diversified Equity Fund
ADX
+$44.1M
3
ECAT icon
BlackRock ESG Capital Allocation Term Trust
ECAT
+$42.2M
4
BMEZ icon
BlackRock Health Sciences Trust II
BMEZ
+$32.3M
5
BCAT icon
BlackRock Capital Allocation Term Trust
BCAT
+$25.2M

Top Sells

Rank Stock Value
1
HERA
FTAC Hera Acquisition Corp. Class A Ordinary Shares
HERA
+$45.5M
2
HYG icon
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
+$40.6M
3
BCSA
Blockchain Coinvestors Acquisition Corp. I Class A Ordinary Shares
BCSA
+$36.4M
4
FSNB
Fusion Acquisition Corp. II
FSNB
+$34.8M
5
PTOC
Pine Technology Acquisition Corp. Class A Common Stock
PTOC
+$34M

Sector Composition

Rank Sector Weight
1 Financials 32.09%
2 Industrials 3.09%
3 Technology 2.81%
4 Consumer Discretionary 1.8%
5 Healthcare 1.31%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ATEK
76
DELISTED
Athena Technology Acquisition Corp. II
ATEK
$17.8M 0.34%
1,730,731
-495,078
-22% -$5.04M
ITAQ
77
DELISTED
Industrial Tech Acquisitions II, Inc. Class A Common Stock
ITAQ
$17.7M 0.34%
1,706,200
– –
GVCI
78
DELISTED
Green Visor Financial Technology Acquisition Corp. I Class A Ordinary Shares
GVCI
$17.5M 0.33%
1,664,549
– –
HAIA
79
DELISTED
Healthcare AI Acquisition Corp. Class A Ordinary Shares
HAIA
$17.5M 0.33%
1,680,316
– –
FLYX icon
80
flyExclusive
FLYX
$134M
$17.5M 0.33%
1,721,200
– –
NPAB
81
DELISTED
New Providence Acquisition Corp. II Class A Common Stock
NPAB
$17.5M 0.33%
1,680,486
– –
ASGI
82
abrdn Global Infrastructure Income Fund
ASGI
$795M
$17.4M 0.33%
966,304
+708,162
+274% +$12.7M
BBY icon
83
PUT
Best Buy
BBY
$18.1B
$17.2M 0.33%
+220,000
New +$18.1M
RCFA
84
DELISTED
Perception Capital Corp. IV
RCFA
$17M 0.32%
1,623,814
– –
APCA
85
DELISTED
AP Acquisition Corp
APCA
$17M 0.32%
1,609,522
– –
TGR
86
DELISTED
Kimbell Tiger Acquisition Corporation
TGR
$17M 0.32%
1,612,200
– –
NFJ
87
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.45B
$17M 0.32%
1,441,883
+308,267
+27% +$3.67M
PLAO
88
DELISTED
Patria Latin American Opportunity Acquisition Corp. Class A Ordinary Shares
PLAO
$16.9M 0.32%
1,600,000
– –
NTG
89
DELISTED
Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
$16.8M 0.32%
505,618
-37,904
-7% -$1.34M
DFS
90
PUT
DELISTED
Discover Financial Services
DFS
$16.8M 0.32%
170,000
– –
PGSS
91
DELISTED
Pegasus Digital Mobility Acquisition Corp.
PGSS
$16.7M 0.32%
1,591,489
– –
ADSK icon
92
PUT
Autodesk
ADSK
$53.6B
$16.7M 0.32%
80,000
– –
RJAC
93
DELISTED
Jackson Acquisition Company
RJAC
$16.5M 0.31%
1,592,041
– –
ALCE
94
DELISTED
Alternus Clean Energy Inc
ALCE
$16.4M 0.31%
63,920
– –
PNST
95
DELISTED
Pinstripes Holdings, Inc.
PNST
$16.3M 0.31%
1,569,187
– –
CREC
96
DELISTED
Crescera Capital Acquisition Corp Class A Ordinary Shares
CREC
$16.3M 0.31%
1,554,537
– –
CITE
97
DELISTED
Cartica Acquisition Corp Class A Ordinary Shares
CITE
$16.2M 0.31%
1,532,096
-448,696
-23% -$4.69M
YTPG
98
DELISTED
TPG Pace Beneficial II Corp.
YTPG
$16M 0.31%
1,603,746
– –
RRAC
99
DELISTED
Rigel Resource Acquisition Corp.
RRAC
$15.9M 0.3%
1,522,359
– –
BPAC
100
DELISTED
Bullpen Parlay Acquisition Company Class A Ordinary Share
BPAC
$15.9M 0.3%
1,524,445
-5
-0% -$52
2 3
4
5 6

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 Q1 2023 Portfolio in Review

As of Q1 2023, Boaz Weinstein held 1,000 positions worth $5.24B, down 29% from $7.39B the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Boaz Weinstein withdrew a net $2.37B in Q1 2023, closing 235 positions and reducing 101 holdings. Its most notable exit was FTAC Hera Acquisition Corp. Class A Ordinary Shares, an estimated $45.5M position sold in full.

By sector, the portfolio is most concentrated in Financials at 32% of assets, down from 44% a quarter earlier, followed by Industrials and Technology.

Against the trend, Boaz Weinstein opened a new position in Adams Diversified Equity Fund worth $45M.

  • Boaz Weinstein's largest Q1 2023 buy was Adams Diversified Equity Fund: 2,895,323 shares worth $45M.
  • Boaz Weinstein added most to BlackRock Technology and Private Equity Term Trust in Q1 2023, an estimated $52.7M increase.
  • Boaz Weinstein's biggest Q1 2023 reduction was Ares Acquisition Corporation, cutting an estimated $27.3M.
  • Boaz Weinstein fully exited FTAC Hera Acquisition Corp. Class A Ordinary Shares in Q1 2023, selling an estimated $45.5M.
  • Boaz Weinstein's ten largest holdings make up 22% of its $5.24B portfolio in Q1 2023.
  • Boaz Weinstein opened 76 new positions and closed 235 in Q1 2023.
  • Boaz Weinstein's portfolio value fell 29% quarter-over-quarter to $5.24B.

Based on Saba Capital Management's 13F filing for Q1 2023, filed 15 May 2023.