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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BRW
Saba Capital Income & Opportunities Fund
BRW
|
+$40.4M |
| 2 |
EVV
Eaton Vance Limited Duration Income Fund
EVV
|
+$28.8M |
| 3 |
BlackRock Floating Rate Income Strategies Fund
FRA
|
+$25M |
| 4 |
FCT
First Trust Senior Floating Rate Income Fund II
FCT
|
+$16M |
| 5 |
Nuveen Credit Strategies Income Fund
JQC
|
+$15.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 8.78% |
| 2 | Industrials | 1.88% |
| 3 | Healthcare | 1.4% |
| 4 | Consumer Discretionary | 0.71% |
| 5 | Technology | 0.64% |
Similar funds
Boaz Weinstein's Q1 2021 Portfolio in Review
As of Q1 2021, Boaz Weinstein held 501 positions worth $3.12B, up 28% from $2.44B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Boaz Weinstein deployed $546M of net new capital in Q1 2021, opening 334 new positions and adding to 31 existing holdings. Its largest new stake was Reinvent Technology Partners Y Unit: 3,830,559 shares worth $38.5M.
By sector, the portfolio is most concentrated in Financials at 8.8% of assets, up from 1.7% a quarter earlier, followed by Industrials and Healthcare.
On the sell side, the largest reduction was Saba Capital Income & Opportunities Fund, an estimated $40.4M trimmed.
- Boaz Weinstein's largest Q1 2021 buy was Reinvent Technology Partners Y Unit: 3,830,559 shares worth $38.5M.
- Boaz Weinstein added most to Saba Capital Income & Opportunities Fund II in Q1 2021, an estimated $22.3M increase.
- Boaz Weinstein's biggest Q1 2021 reduction was Saba Capital Income & Opportunities Fund, cutting an estimated $40.4M.
- Boaz Weinstein fully exited First Trust Senior Floating Rate Income Fund II in Q1 2021, selling an estimated $16M.
- Boaz Weinstein's ten largest holdings make up 38% of its $3.12B portfolio in Q1 2021.
- Boaz Weinstein opened 334 new positions and closed 70 in Q1 2021.
- Boaz Weinstein's portfolio value rose 28% quarter-over-quarter to $3.12B.
Based on Saba Capital Management's 13F filing for Q1 2021, filed 17 May 2021.