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
-2.02%
1 Year Est. Return
+13%
3 Year Est. Return
+26.53%
5 Year Est. Return
+34.79%
10 Year Est. Return
+47.28%
AUM
$3.7B
AUM Growth
-$569M
Cap. Flow
-$423M
Cap. Flow %
-11.43%
Top 10 Hldgs %
54.61%
Holding
311
New
26
Increased
54
Reduced
58
Closed
41

Top Buys

Rank Stock Value
1
EVTL icon
Vertical Aerospace
EVTL
+$23.5M
2
PDX
PIMCO Dynamic Income Strategy Fund
PDX
+$18.7M
3
BMBL icon
Bumble
BMBL
+$11M
4
NBXG
Neuberger Next Generation Connectivity Fund Inc
NBXG
+$10.6M
5
DAL icon
Delta Air Lines
DAL
+$8.2M

Top Sells

Rank Stock Value
1
BSTZ icon
BlackRock Science and Technology Term Trust
BSTZ
+$30.3M
2
ASGI
abrdn Global Infrastructure Income Fund
ASGI
+$28.6M
3
BCAT icon
BlackRock Capital Allocation Term Trust
BCAT
+$27.6M
4
VMO icon
Invesco Municipal Opportunity Trust
VMO
+$21.2M
5
AOD
abrdn Total Dynamic Dividend Fund
AOD
+$20.1M

Sector Composition

Rank Sector Weight
1 Communication Services 1.37%
2 Consumer Discretionary 1.37%
3 Technology 0.98%
4 Industrials 0.76%
5 Financials 0.69%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TYG
26
Tortoise Energy Infrastructure Corp
TYG
$1.09B
$31.7M 0.86%
737,461
-311,418
-30% -$13.8M
LEO
27
BNY Mellon Strategic Municipals
LEO
$386M
$31.3M 0.85%
5,114,769
+181,976
+4% +$1.12M
NMAI icon
28
Nuveen Multi-Asset Income Fund
NMAI
$461M
$28.6M 0.77%
2,378,113
-1,221,512
-34% -$15M
SABA
29
Saba Capital Income & Opportunities Fund II
SABA
$223M
$25.5M 0.69%
2,935,985
-222,737
-7% -$2.01M
MUC icon
30
BlackRock MuniHoldings California Quality Fund
MUC
$998M
$25.1M 0.68%
2,340,673
+36,172
+2% +$392K
MIO
31
DELISTED
Pioneer Municipal High Income Opportunities Fund
MIO
$24.9M 0.67%
2,113,637
+33,699
+2% +$405K
DSM
32
BNY Mellon Strategic Municipal Bond Fund
DSM
$288M
$24.5M 0.66%
4,250,548
+122,966
+3% +$724K
WB icon
33
Weibo
WB
$1.99B
$22.3M 0.6%
2,359,357
– –
MPA icon
34
BlackRock MuniYield Pennsylvania Quality Fund
MPA
$142M
$22.1M 0.6%
1,972,009
-246,884
-11% -$2.87M
BOE icon
35
BlackRock Enhanced Global Dividend Trust
BOE
$675M
$19.8M 0.54%
1,825,927
-322,841
-15% -$3.59M
GRX
36
Gabelli Healthcare & Wellness Trust
GRX
$145M
$19.7M 0.53%
1,956,488
+45,454
+2% +$455K
BNY
37
DELISTED
BlackRock New York Municipal Income Trust
BNY
$19.7M 0.53%
1,934,784
-247,503
-11% -$2.57M
HQH
38
abrdn Healthcare Investors
HQH
$1.26B
$19.5M 0.53%
1,201,396
-770,263
-39% -$13.2M
MHN
39
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
$19.3M 0.52%
1,897,569
-93,954
-5% -$978K
NBH
40
Neuberger Municipal Fund Inc
NBH
$306M
$19.1M 0.52%
1,833,134
-469,327
-20% -$4.94M
IIF
41
Morgan Stanley India Investment Fund
IIF
$217M
$18.3M 0.5%
751,061
+9,530
+1% +$230K
ASGI
42
abrdn Global Infrastructure Income Fund
ASGI
$753M
$18M 0.49%
976,775
-1,596,340
-62% -$28.6M
BTT icon
43
BlackRock Municipal 2030 Target Term Trust
BTT
$1.43B
$17M 0.46%
802,584
+262,704
+49% +$5.55M
GF
44
New Germany Fund
GF
$184M
$16.7M 0.45%
1,706,659
+128,671
+8% +$1.15M
TEAF
45
DELISTED
Ecofin Sustainable & Social Impact Term Fund
TEAF
$15.7M 0.42%
1,383,564
+42,107
+3% +$504K
DMA
46
Destra Multi-Alternative Fund
DMA
$67.6M
$14.7M 0.4%
1,738,401
– –
PAGS icon
47
PagSeguro Digital
PAGS
$2.75B
$14.7M 0.4%
1,921,385
+43,759
+2% +$326K
BCX icon
48
BlackRock Resources & Commodities Strategy Trust
BCX
$902M
$14.3M 0.39%
1,529,095
-1,273,913
-45% -$11.6M
EVTL icon
49
Vertical Aerospace
EVTL
$166M
$14.1M 0.38%
+4,199,443
New +$23.5M
AOD
50
abrdn Total Dynamic Dividend Fund
AOD
$1.1B
$13.4M 0.36%
1,599,240
-2,328,554
-59% -$20.1M
1
2
3 4 5

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
JFG
JMG Financial Group Downers Grove, Illinois $3.63B AUM 17.91% 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

Saba Capital Management's Q1 2025 Portfolio in Review

As of Q1 2025, Saba Capital Management held 311 positions worth $3.7B, down 13% from $4.27B the previous quarter. Its ten largest holdings account for 55% of the portfolio.

Saba Capital Management withdrew a net $423M in Q1 2025, closing 41 positions and reducing 58 holdings. Its most notable exit was Invesco Municipal Opportunity Trust, an estimated $21.2M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 1.4% of assets, up from 1.1% a quarter earlier, followed by Consumer Discretionary and Technology.

Against the trend, Saba Capital Management opened a new position in Vertical Aerospace worth $14.1M.

  • Saba Capital Management's largest Q1 2025 buy was Vertical Aerospace: 4,199,443 shares worth $14.1M.
  • Saba Capital Management added most to PIMCO Dynamic Income Strategy Fund in Q1 2025, an estimated $18.7M increase.
  • Saba Capital Management's biggest Q1 2025 reduction was BlackRock Science and Technology Term Trust, cutting an estimated $30.3M.
  • Saba Capital Management fully exited Invesco Municipal Opportunity Trust in Q1 2025, selling an estimated $21.2M.
  • Saba Capital Management's ten largest holdings make up 55% of its $3.7B portfolio in Q1 2025.
  • Saba Capital Management opened 26 new positions and closed 41 in Q1 2025.
  • Saba Capital Management's portfolio value fell 13% quarter-over-quarter to $3.7B.

Based on Saba Capital Management's 13F filing for Q1 2025, filed 15 May 2025.