Saba Capital Management’s Alcoa AA Stock Holding History

Saba Capital Management’s Portfolio AA Stock Details AA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-87,765	Closed	-$3.33M	–	133
2014 Q4	$3.33M	Sell	87,765 -155,389	-64%	-$6.02M	0.27%	69
2014 Q3	$9.4M	Buy	243,154 +87,765	+56%	+$3.44M	0.53%	58
2014 Q2	$5.56M	Sell	155,389 -52,684	-25%	-$1.73M	0.29%	73
2014 Q1	$6.43M	Hold	208,073	–	–	0.36%	70
2013 Q4	$5.32M	Hold	208,073	–	–	0.31%	81
2013 Q3	$4.06M	Buy	+208,073	New	+$4.03M	0.34%	79

Other funds holding AA

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

OHCM

Oak Hill Capital Management New York $310M AUM 17.23% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

FPA

First Pacific Advisors El Segundo, California $7.14B AUM 21.51% 1-Year Est. Return

Orbis Holdings Hamilton, Bermuda $12.8B AUM 8.29% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

MNA

Manning & Napier Advisors Fairport, New York $7.09B AUM 17.35% 1-Year Est. Return

Saba Capital Management's AA Position: Q1 2014 in Review

Saba Capital Management sold out of Alcoa (AA) in Q1 2014, closing a stake of 101,873 shares — an estimated $2.83M sold.

Saba Capital Management first reported a position in AA in Q2 2013 and held it in 3 quarters. The position peaked at $7.17M in Q3 2013. 567 funds tracked by Wall St. Rank hold AA as of Q1 2014.

Saba Capital Management reported no remaining Alcoa position as of Q1 2014 after selling out during the quarter.
Saba Capital Management sold 101,873 Alcoa shares in Q1 2014, an estimated $2.83M.
Saba Capital Management first reported a position in Alcoa in Q2 2013 and held it in 3 quarters.
Saba Capital Management's Alcoa position peaked at $7.17M in Q3 2013.
567 funds tracked by Wall St. Rank held Alcoa as of Q1 2014.

Based on Saba Capital Management's 13F filing for Q1 2014, filed 15 May 2014.