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
+2.53%
1 Year Est. Return
+13%
3 Year Est. Return
+26.53%
5 Year Est. Return
+34.79%
10 Year Est. Return
+47.28%
AUM
$1.12B
AUM Growth
+$92.1M
Cap. Flow
+$48.7M
Cap. Flow %
4.36%
Top 10 Hldgs %
44.27%
Holding
115
New
9
Increased
29
Reduced
36
Closed
18

Top Buys

Rank Stock Value
1
AVK
Advent Convertible and Income Fund
AVK
+$15.2M
2
FSD
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
+$9.57M
3
MCR
MFS Charter Income Trust
MCR
+$9.02M
4
BHC icon
Bausch Health
BHC
+$8.59M
5
CYH icon
Community Health Systems
CYH
+$7.48M

Top Sells

Rank Stock Value
1
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
+$20.3M
2
HYF
MANAGED HIGH YLD PLUS FD INC
HYF
+$11.1M
3
GHI
GLOBAL HIGH INCOME FUND INC.
GHI
+$9.76M
4
BIT icon
BlackRock Multi-Sector Income Trust
BIT
+$9.35M
5
HYI
Western Asset High Yield Opportunity Fund Inc
HYI
+$7.03M

Sector Composition

Rank Sector Weight
1 Healthcare 1.53%
2 Financials 0.79%
3 Consumer Discretionary 0.5%
4 Energy 0.46%
5 Technology 0.3%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DDF
51
DELISTED
Delaware Investments Dividend & Income Fund, Inc.
DDF
$3.98M 0.36%
399,947
– –
SBW
52
DELISTED
Western Asset Worldwide Income
SBW
$3.12M 0.28%
283,780
– –
LBF
53
DELISTED
Deutsche Global High Incm Fund
LBF
$3.08M 0.28%
377,997
– –
AIF
54
DELISTED
Apollo Tactical Income Fund Inc.
AIF
$2.84M 0.25%
196,552
-22,879
-10% -$324K
PCF
55
High Income Securities Fund
PCF
$99.6M
$2.8M 0.25%
364,765
-20,811
-5% -$157K
MBI icon
56
MBIA
MBI
$288M
$2.46M 0.22%
360,399
+200,943
+126% +$1.49M
VGI
57
Virtus Global Multi-Sector Income Fund
VGI
$81.2M
$2.01M 0.18%
132,868
-24,573
-16% -$359K
BOI
58
DELISTED
Brookfield Mtge Opportunity Fd
BOI
$1.93M 0.17%
129,546
-203,751
-61% -$3.02M
WDC icon
59
Western Digital
WDC
$179B
$1.84M 0.16%
+51,597
New +$1.7M
JQC icon
60
Nuveen Credit Strategies Income Fund
JQC
$702M
$1.78M 0.16%
219,910
– –
GNW icon
61
Genworth Financial
GNW
$3.8B
$1.73M 0.15%
670,072
-19,100
-3% -$61.8K
ODP
62
DELISTED
ODP
ODP
$1.54M 0.14%
46,530
+26,130
+128% +$1.28M
IVH
63
DELISTED
Delaware Ivy High Income Opportunities Fund
IVH
$1.52M 0.14%
110,919
-142,191
-56% -$1.88M
GDO
64
Western Asset Global Corporate Defined Opportunity Fund
GDO
$77M
$1.51M 0.13%
88,521
-70,279
-44% -$1.19M
UIS icon
65
Unisys
UIS
$227M
$1.49M 0.13%
204,781
+21,237
+12% +$163K
FHY
66
DELISTED
First Trust Strategic High
FHY
$1.46M 0.13%
121,987
– –
HYB
67
DELISTED
New America High Income Fund, Inc.
HYB
$1.29M 0.12%
151,136
-48,526
-24% -$412K
PHF
68
DELISTED
Pacholder High Yield
PHF
$1.28M 0.11%
180,157
+13,718
+8% +$93.1K
ILG
69
DELISTED
ILG, Inc Common Stock
ILG
$1.24M 0.11%
78,043
-21,105
-21% -$301K
RDN icon
70
PUT
Radian Group
RDN
$5.14B
$1.08M 0.1%
103,500
-1,008,300
-91% -$11.9M
APC
71
DELISTED
Anadarko Petroleum
APC
$897K 0.08%
16,847
-5,500
-25% -$279K
HYG icon
72
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
$847K 0.08%
10,000
– –
EAD
73
Allspring Income Opportunities Fund
EAD
$372M
$762K 0.07%
96,471
-724,759
-88% -$5.61M
ECF
74
Ellsworth Growth & Income Fund
ECF
$171M
$721K 0.06%
91,857
– –
DCA
75
DELISTED
Virtus Total Return Fund
DCA
$683K 0.06%
147,879
– –
1 2
3
4 5

Similar funds

ACM
Advent Capital Management New York $3.63B AUM 0.29% 1-Year Est. Return
WB
WesBanco Bank Wheeling, West Virginia $3.61B AUM 24.09% 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

Saba Capital Management's Q2 2016 Portfolio in Review

As of Q2 2016, Saba Capital Management held 115 positions worth $1.12B, up 9% from $1.03B the previous quarter. Its ten largest holdings account for 44% of the portfolio.

Saba Capital Management deployed $48.7M of net new capital in Q2 2016, opening 9 new positions and adding to 29 existing holdings. Its largest new stake was California Resources Corporation: 417,845 shares worth $5.1M.

By sector, the portfolio is most concentrated in Healthcare at 1.5% of assets, up from 0.6% a quarter earlier, followed by Financials and Consumer Discretionary.

On the sell side, the largest reduction was PIMCO Dynamic Credit and Mortgage Income Fund, an estimated $20.3M trimmed.

  • Saba Capital Management's largest Q2 2016 buy was California Resources Corporation: 417,845 shares worth $5.1M.
  • Saba Capital Management added most to Advent Convertible and Income Fund in Q2 2016, an estimated $15.2M increase.
  • Saba Capital Management's biggest Q2 2016 reduction was PIMCO Dynamic Credit and Mortgage Income Fund, cutting an estimated $20.3M.
  • Saba Capital Management fully exited MANAGED HIGH YLD PLUS FD INC in Q2 2016, selling an estimated $11.1M.
  • Saba Capital Management's ten largest holdings make up 44% of its $1.12B portfolio in Q2 2016.
  • Saba Capital Management opened 9 new positions and closed 18 in Q2 2016.
  • Saba Capital Management's portfolio value rose 9% quarter-over-quarter to $1.12B.

Based on Saba Capital Management's 13F filing for Q2 2016, filed 15 Aug 2016.