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
+7.04%
1 Year Est. Return
+13%
3 Year Est. Return
+26.53%
5 Year Est. Return
+34.79%
10 Year Est. Return
+47.28%
AUM
$5.84B
AUM Growth
+$867M
Cap. Flow
+$547M
Cap. Flow %
9.36%
Top 10 Hldgs %
53.67%
Holding
521
New
28
Increased
90
Reduced
62
Closed
121

Top Buys

Rank Stock Value
1
ECAT icon
BlackRock ESG Capital Allocation Term Trust
ECAT
+$74.4M
2
BTX
BlackRock Technology and Private Equity Term Trust
BTX
+$63.6M
3
BMEZ icon
BlackRock Health Sciences Trust II
BMEZ
+$58.4M
4
VMO icon
Invesco Municipal Opportunity Trust
VMO
+$52.6M
5
BSTZ icon
BlackRock Science and Technology Term Trust
BSTZ
+$42.4M

Top Sells

Rank Stock Value
1
GHIX
Gores Holdings IX, Inc. Class A Common Stock
GHIX
+$23.2M
2
FIF
FIRST TRUST ENERGY INFRASTRUCTURE FUND
FIF
+$17.9M
3
FSCO
FS Credit Opportunities Corp
FSCO
+$17.4M
4
MUI
BlackRock Municipal Income Fund, Inc.
MUI
+$17.1M
5
MUC icon
BlackRock MuniHoldings California Quality Fund
MUC
+$16.5M

Sector Composition

Rank Sector Weight
1 Financials 0.94%
2 Technology 0.27%
3 Industrials 0.23%
4 Communication Services 0.22%
5 Consumer Discretionary 0.21%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
JPC icon
426
Nuveen Preferred & Income Opportunities Fund
JPC
$2.92B
– –
-897,248
Closed -$6.07M
JQC icon
427
Nuveen Credit Strategies Income Fund
JQC
$704M
– –
-2,641,026
Closed -$13.8M
KLAC icon
428
PUT
KLA
KLAC
$250B
– –
-500,000
Closed -$29.1M
LCID icon
429
PUT
Lucid Motors
LCID
$2.98B
– –
-25,310
Closed -$1.07M
MSFT icon
430
PUT
Microsoft
MSFT
$3.68T
– –
-65,000
Closed -$24.4M
MU icon
431
PUT
Micron Technology
MU
$995B
– –
-220,000
Closed -$18.8M
MYD
432
DELISTED
BlackRock MuniYield Fund
MYD
– –
-204,713
Closed -$2.21M
NCZ
433
Virtus Convertible & Income Fund II
NCZ
$298M
– –
-289,155
Closed -$3.45M
NMS icon
434
Nuveen Minnesota Quality Municipal Income Fund
NMS
$73.6M
– –
-43,075
Closed -$473K
NXG
435
NXG NextGen Infrastructure Income Fund
NXG
$330M
– –
-17,435
Closed -$620K
OPP
436
RiverNorth/DoubleLine Strategic Opportunity Fund
OPP
$191M
– –
-25,013
Closed -$207K
PFD
437
Flaherty & Crumrine Preferred and Income Fund
PFD
$147M
– –
-19,571
Closed -$193K
PFSI icon
438
PUT
PennyMac Financial
PFSI
$4B
– –
-367,100
Closed -$32.4M
PHM icon
439
PUT
Pultegroup
PHM
$24.7B
– –
-350,000
Closed -$36.1M
PMM
440
Franklin Managed Municipal Income Trust
PMM
$266M
– –
-22,770
Closed -$138K
PMO
441
Franklin Municipal Opportunities Trust
PMO
$280M
– –
-283,022
Closed -$2.9M
RGT
442
Royce Global Value Trust
RGT
$101M
– –
-127,924
Closed -$1.25M
RLTY icon
443
Cohen & Steers Real Estate Opportunities and Income Fund
RLTY
$264M
– –
-332,181
Closed -$4.65M
SDHY
444
PGIM Short Duration High Yield Opportunities Fund
SDHY
$400M
– –
-90,807
Closed -$1.36M
SVII
445
DELISTED
Spring Valley Acquisition Corp II
SVII
– –
-22,975
Closed -$248K
THQ
446
abrdn Healthcare Opportunities Fund
THQ
$777M
– –
-493,572
Closed -$8.94M
UAL icon
447
United Airlines
UAL
$42.4B
– –
-31,859
Closed -$1.31M
UAL icon
448
PUT
United Airlines
UAL
$42.4B
– –
-2,053,900
Closed -$84.7M
VNET
449
PUT
VNET Group
VNET
$2.04B
– –
-2,950,200
Closed -$8.47M
WYNN icon
450
Wynn Resorts
WYNN
$10.2B
– –
-129,981
Closed -$11.8M
16 17
18
19 20

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 Q1 2024 Portfolio in Review

As of Q1 2024, Saba Capital Management held 521 positions worth $5.84B, up 17% from $4.97B the previous quarter. Its ten largest holdings account for 54% of the portfolio.

Saba Capital Management deployed $547M of net new capital in Q1 2024, opening 28 new positions and adding to 90 existing holdings. Its largest new stake was Invesco Trust Investment Grade Municipals: 2,465,650 shares worth $24.3M.

By sector, the portfolio is most concentrated in Financials at 0.94% of assets, down from 3.7% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was FS Credit Opportunities Corp, an estimated $17.4M trimmed.

  • Saba Capital Management's largest Q1 2024 buy was Invesco Trust Investment Grade Municipals: 2,465,650 shares worth $24.3M.
  • Saba Capital Management added most to BlackRock ESG Capital Allocation Term Trust in Q1 2024, an estimated $74.4M increase.
  • Saba Capital Management's biggest Q1 2024 reduction was FS Credit Opportunities Corp, cutting an estimated $17.4M.
  • Saba Capital Management fully exited Gores Holdings IX, Inc. Class A Common Stock in Q1 2024, selling an estimated $23.2M.
  • Saba Capital Management's ten largest holdings make up 54% of its $5.84B portfolio in Q1 2024.
  • Saba Capital Management opened 28 new positions and closed 121 in Q1 2024.
  • Saba Capital Management's portfolio value rose 17% quarter-over-quarter to $5.84B.

Based on Saba Capital Management's 13F filing for Q1 2024, filed 15 May 2024.