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
-2.78%
1 Year Est. Return
+13%
3 Year Est. Return
+26.53%
5 Year Est. Return
+34.79%
10 Year Est. Return
+47.28%
AUM
$984M
AUM Growth
-$40.1M
Cap. Flow
-$46M
Cap. Flow %
-4.68%
Top 10 Hldgs %
48.71%
Holding
114
New
17
Increased
26
Reduced
25
Closed
20

Top Buys

Rank Stock Value
1
AGN
Allergan plc
AGN
+$32.2M
2
AOD
abrdn Total Dynamic Dividend Fund
AOD
+$26.4M
3
FSD
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
+$24.7M
4
GLQ
Clough Global Equity Fund
GLQ
+$21.3M
5
EMD
Western Asset Emerging Markets Debt Fund
EMD
+$19.4M

Top Sells

Rank Stock Value
1
EMD
Western Asset Emerging Markets
EMD
+$23M
2
BGB
Blackstone Strategic Credit 2027 Term Fund
BGB
+$21.6M
3
FXI icon
iShares China Large-Cap ETF
FXI
+$19.3M
4
BGX
Blackstone Long-Short Credit Income Fund
BGX
+$15.1M
5
KHI
Deutsche High Income Trust
KHI
+$14.1M

Sector Composition

Rank Sector Weight
1 Healthcare 6.99%
2 Financials 1.53%
3 Consumer Discretionary 0.59%
4 Industrials 0.2%
5 Consumer Staples 0.15%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HYG icon
51
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
$2.88M 0.29%
+33,335
New +$2.87M
PCF
52
High Income Securities Fund
PCF
$99.6M
$2.67M 0.27%
324,901
-27,892
-8% -$221K
THC icon
53
Tenet Healthcare
THC
$20.1B
$2.57M 0.26%
173,095
+119,605
+224% +$2.15M
BGX
54
Blackstone Long-Short Credit Income Fund
BGX
$135M
$2.19M 0.22%
137,738
-982,467
-88% -$15.1M
AIF
55
DELISTED
Apollo Tactical Income Fund Inc.
AIF
$2.17M 0.22%
140,289
-13,478
-9% -$204K
RDN icon
56
PUT
Radian Group
RDN
$5.14B
$2.15M 0.22%
119,300
+3,800
+3% +$57.1K
HTZ
57
DELISTED
Hertz Global Holdings, Inc.
HTZ
$1.98M 0.2%
+105,552
New +$2.64M
DNI
58
DELISTED
Dividend and Income Fund
DNI
$1.78M 0.18%
150,333
– –
THS
59
DELISTED
Treehouse Foods
THS
$1.51M 0.15%
+20,961
New +$1.6M
PHF
60
DELISTED
Pacholder High Yield
PHF
$1.5M 0.15%
207,724
+35,667
+21% +$251K
DSL
61
DoubleLine Income Solutions Fund
DSL
$1.21B
$1.42M 0.14%
+74,514
New +$1.38M
UIS icon
62
Unisys
UIS
$227M
$1.19M 0.12%
79,637
-53,144
-40% -$675K
ODP
63
DELISTED
ODP
ODP
$1.16M 0.12%
25,562
-16,360
-39% -$677K
ILG
64
DELISTED
ILG, Inc Common Stock
ILG
$988K 0.1%
54,358
-8,225
-13% -$144K
NGD
65
DELISTED
New Gold Inc
NGD
$966K 0.1%
+276,037
New +$1.05M
HIO
66
Western Asset High Income Opportunity Fund
HIO
$335M
$891K 0.09%
178,573
-618,999
-78% -$3.06M
MSD
67
Morgan Stanley Emerging Markets Debt Fund
MSD
$147M
$811K 0.08%
89,090
– –
RA
68
Brookfield Real Assets Income Fund
RA
$703M
$765K 0.08%
+34,301
New +$752K
LGI
69
Lazard Global Total Return & Income Fund
LGI
$235M
$692K 0.07%
50,360
+1,000
+2% +$13.7K
ECF
70
Ellsworth Growth & Income Fund
ECF
$171M
$676K 0.07%
81,843
– –
DCA
71
DELISTED
Virtus Total Return Fund
DCA
$661K 0.07%
147,879
– –
APC
72
DELISTED
Anadarko Petroleum
APC
$652K 0.07%
9,347
-7,500
-45% -$488K
HYB
73
DELISTED
New America High Income Fund, Inc.
HYB
$604K 0.06%
65,227
– –
LOR
74
DELISTED
Lazard World Dividend & Income Fund, Inc.
LOR
$581K 0.06%
58,623
– –
VGI
75
Virtus Global Multi-Sector Income Fund
VGI
$81.2M
$510K 0.05%
33,247
– –
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 Q4 2016 Portfolio in Review

As of Q4 2016, Saba Capital Management held 114 positions worth $984M, down 3.9% from $1.02B the previous quarter. Its ten largest holdings account for 49% of the portfolio.

Saba Capital Management withdrew a net $46M in Q4 2016, closing 20 positions and reducing 25 holdings. Its most notable exit was Western Asset Emerging Markets, an estimated $23M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 7% of assets, up from 2.7% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Saba Capital Management opened a new position in Allergan plc worth $32.7M.

  • Saba Capital Management's largest Q4 2016 buy was Allergan plc: 155,521 shares worth $32.7M.
  • Saba Capital Management added most to abrdn Total Dynamic Dividend Fund in Q4 2016, an estimated $26.4M increase.
  • Saba Capital Management's biggest Q4 2016 reduction was Blackstone Strategic Credit 2027 Term Fund, cutting an estimated $21.6M.
  • Saba Capital Management fully exited Western Asset Emerging Markets in Q4 2016, selling an estimated $23M.
  • Saba Capital Management's ten largest holdings make up 49% of its $984M portfolio in Q4 2016.
  • Saba Capital Management opened 17 new positions and closed 20 in Q4 2016.
  • Saba Capital Management's portfolio value fell 3.9% quarter-over-quarter to $984M.

Based on Saba Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.