We are live on ! Find out more
SCM

Saba Capital Management Portfolio holdings

AUM $3.62B
1-Year Est. Return 13%
This Fund
S&P 500
This Quarter Est. Return
-0.1%
1 Year Est. Return
+13%
3 Year Est. Return
+26.53%
5 Year Est. Return
+34.79%
10 Year Est. Return
+47.28%
AUM
$3.37B
AUM Growth
-$292M
Cap. Flow
-$275M
Cap. Flow %
-8.16%
Top 10 Hldgs %
47.48%
Holding
415
New
86
Increased
59
Reduced
59
Closed
65

Top Buys

Rank Stock Value
1
BPRE
Bluerock Private Real Estate Fund
BPRE
+$47.4M
2
ASA
ASA Gold and Precious Metals
ASA
+$37.3M
3
BSTZ icon
BlackRock Science and Technology Term Trust
BSTZ
+$19.2M
4
NFJ
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
+$14.6M
5
RMT
Royce Micro-Cap Trust
RMT
+$12.5M

Top Sells

Rank Stock Value
1
EVM
Eaton Vance California Municipal Bond Fund
EVM
+$43.1M
2
ENX
Eaton Vance New York Municipal Bond Fund
ENX
+$38.4M
3
ADX icon
Adams Diversified Equity Fund
ADX
+$29.9M
4
ECAT icon
BlackRock ESG Capital Allocation Term Trust
ECAT
+$23.5M
5
NQP
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
+$20.7M

Sector Composition

Rank Sector Weight
1 Financials 7.78%
2 Technology 2.83%
3 Communication Services 2.24%
4 Consumer Discretionary 2.07%
5 Industrials 1.33%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
KEEL
276
Keel Infrastructure Corp
KEEL
$2.54B
$44.9K ﹤0.01%
+19,100
New +$65.4K
HLLY.WS
277
DELISTED
Holley Inc Warrants
HLLY.WS
$43.7K ﹤0.01%
298,716
– –
SCAGW
278
Scage Future Warrants
SCAGW
$756K
$41.3K ﹤0.01%
660,109
– –
OTGAW
279
OTG Acquisition Corp I Warrants
OTGAW
$4.94M
$40K ﹤0.01%
+125,000
New +$41.7K
AISPW
280
Airship AI Holdings Warrants
AISPW
$13.1M
$38.3K ﹤0.01%
42,591
– –
FUSEW
281
Fusemachines Inc Warrants
FUSEW
$1.04M
$36.8K ﹤0.01%
+524,998
New +$75.5K
FOXXW
282
Foxx Development Holdings Warrant
FOXXW
$30.1K ﹤0.01%
244,962
– –
PLMKW
283
Plum Acquisition Corp IV Warrants
PLMKW
$4.14M
$30K ﹤0.01%
99,999
– –
ZEOWW
284
Zeo Energy Corp Warrants
ZEOWW
$155K
$27.6K ﹤0.01%
726,030
– –
MDAIW icon
285
Spectral AI Warrants
MDAIW
$5.9M
$26.9K ﹤0.01%
59,763
– –
GTENW
286
Gores Holdings X Warrants
GTENW
$26.9K ﹤0.01%
31,616
– –
GRABW icon
287
Grab Holdings Warrant
GRABW
$603K
$25.5K ﹤0.01%
84,913
– –
SIMAW
288
SIM Acquisition Corp I Warrant
SIMAW
$24K ﹤0.01%
111,217
– –
VSEEW
289
VSee Health Warrant
VSEEW
$248K
$21.6K ﹤0.01%
243,249
– –
EONR.WS
290
EON Resources Warrants
EONR.WS
$1.46M
$21.6K ﹤0.01%
500,000
– –
NHICW
291
NewHold Investment Corp III Warrants
NHICW
$18.8M
$21K ﹤0.01%
49,998
– –
ALFUW
292
Centurion Acquisition Corp Warrant
ALFUW
$20.7K ﹤0.01%
71,410
– –
ASBPW
293
Aspire Biopharma Warrant
ASBPW
$19.3K ﹤0.01%
983,603
– –
SBXD.WS
294
SilverBox Corp IV Warrants
SBXD.WS
$19K ﹤0.01%
67,710
– –
CYCUW
295
Cycurion Inc Warrant
CYCUW
$300K
$17K ﹤0.01%
500,000
– –
ALPS
296
ALPS Group Inc
ALPS
$66M
$16.9K ﹤0.01%
+19,473
New +$20.3K
ABPWW
297
DELISTED
Abpro Holdings Warrant
ABPWW
$16.4K ﹤0.01%
997,048
– –
GWH.WS
298
DELISTED
ESS Tech Inc Warrant
GWH.WS
$15.5K ﹤0.01%
303,596
– –
KFIIR
299
K&F Growth Acquisition Corp II Rights
KFIIR
$15.1K ﹤0.01%
100,000
– –
UHGWW
300
DELISTED
United Homes Group Warrant
UHGWW
$15.1K ﹤0.01%
45,810
– –
10 11
12
13 14

Similar funds

ACM
Advent Capital Management New York $3.63B AUM 0.29% 1-Year Est. Return
GCM
Ghisallo Capital Management Boston, Massachusetts $3.63B AUM 30.51% 1-Year Est. Return
VI
Vestcor Inc Fredericton, New Brunswick, Canada $3.63B AUM 21.49% 1-Year Est. Return
SL
Siren LLC Greenwich, Connecticut $3.61B AUM 203.3% 1-Year Est. Return
U
Uber San Francisco, California $3.6B AUM 19.81% 1-Year Est. Return
SPC
Sigma Planning Corp Ann Arbor, Michigan $3.6B AUM 24.57% 1-Year Est. Return
OCM
One Capital Management Westlake Village, California $3.65B AUM 15.32% 1-Year Est. Return
AA
Advisory Alpha Holland, Michigan $3.66B AUM 14.99% 1-Year Est. Return

Saba Capital Management's Q4 2025 Portfolio in Review

As of Q4 2025, Saba Capital Management held 415 positions worth $3.37B, down 8% from $3.66B the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Saba Capital Management withdrew a net $275M in Q4 2025, closing 65 positions and reducing 59 holdings. Its most notable exit was Eaton Vance California Municipal Bond Fund, an estimated $43.1M position sold in full.

By sector, the portfolio is most concentrated in Financials at 7.8% of assets, up from 4.4% a quarter earlier, followed by Technology and Communication Services.

Against the trend, Saba Capital Management opened a new position in Bluerock Private Real Estate Fund worth $46.1M.

  • Saba Capital Management's largest Q4 2025 buy was Bluerock Private Real Estate Fund: 3,074,615 shares worth $46.1M.
  • Saba Capital Management added most to ASA Gold and Precious Metals in Q4 2025, an estimated $37.3M increase.
  • Saba Capital Management's biggest Q4 2025 reduction was BlackRock ESG Capital Allocation Term Trust, cutting an estimated $23.5M.
  • Saba Capital Management fully exited Eaton Vance California Municipal Bond Fund in Q4 2025, selling an estimated $43.1M.
  • Saba Capital Management's ten largest holdings make up 47% of its $3.37B portfolio in Q4 2025.
  • Saba Capital Management opened 86 new positions and closed 65 in Q4 2025.
  • Saba Capital Management's portfolio value fell 8% quarter-over-quarter to $3.37B.

Based on Saba Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.