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
+1.08%
1 Year Est. Return
+13%
3 Year Est. Return
+26.53%
5 Year Est. Return
+34.79%
10 Year Est. Return
+47.28%
AUM
$3.84B
AUM Growth
-$1.4B
Cap. Flow
-$1.57B
Cap. Flow %
-40.79%
Top 10 Hldgs %
32.08%
Holding
807
New
42
Increased
98
Reduced
132
Closed
180

Top Buys

Rank Stock Value
1
ECAT icon
BlackRock ESG Capital Allocation Term Trust
ECAT
+$56.8M
2
BCAT icon
BlackRock Capital Allocation Term Trust
BCAT
+$42.4M
3
BMEZ icon
BlackRock Health Sciences Trust II
BMEZ
+$33.3M
4
BTX
BlackRock Technology and Private Equity Term Trust
BTX
+$31.6M
5
FSCO
FS Credit Opportunities Corp
FSCO
+$31.3M

Top Sells

Rank Stock Value
1
GCTS
GCT Semiconductor Holding
GCTS
+$26.9M
2
BLEU
bleuacacia ltd Class A Ordinary Shares
BLEU
+$25.7M
3
NETC
Nabors Energy Transition Corp.
NETC
+$24.5M
4
HWKZ
Hawks Acquisition Corp
HWKZ
+$22.4M
5
BTM
Bitcoin Depot
BTM
+$22.2M

Sector Composition

Rank Sector Weight
1 Financials 13.74%
2 Technology 1.42%
3 Consumer Discretionary 1.02%
4 Industrials 0.9%
5 Energy 0.59%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BBY icon
51
PUT
Best Buy
BBY
$18.3B
$18M 0.47%
220,000
– –
IRRX
52
DELISTED
Integrated Rail and Resources Acquisition Corp.
IRRX
$17.6M 0.46%
1,640,947
-284,285
-15% -$3.03M
NTG
53
DELISTED
Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
$16.9M 0.44%
489,221
-16,397
-3% -$545K
APCA
54
DELISTED
AP Acquisition Corp
APCA
$16.8M 0.44%
1,556,932
-52,590
-3% -$560K
ASA
55
ASA Gold and Precious Metals
ASA
$925M
$16.7M 0.44%
1,124,099
+464,507
+70% +$7.5M
JQC icon
56
Nuveen Credit Strategies Income Fund
JQC
$707M
$16.5M 0.43%
3,271,081
+846,796
+35% +$4.23M
MPA icon
57
BlackRock MuniYield Pennsylvania Quality Fund
MPA
$142M
$16.5M 0.43%
1,410,970
+639,388
+83% +$7.32M
LNC icon
58
Lincoln National
LNC
$8.73B
$16.4M 0.43%
636,348
-179,836
-22% -$3.95M
FIF
59
DELISTED
FIRST TRUST ENERGY INFRASTRUCTURE FUND
FIF
$15.8M 0.41%
1,077,222
+160,305
+17% +$2.32M
CEN
60
DELISTED
Center Coast Brookfield MLP & Energy Infrastructure Fund
CEN
$15.6M 0.41%
803,429
-402,002
-33% -$7.56M
ESTE
61
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
$15.4M 0.4%
1,075,600
– –
RRAC
62
DELISTED
Rigel Resource Acquisition Corp.
RRAC
$15.2M 0.4%
1,422,359
-100,000
-7% -$1.06M
DNAD
63
DELISTED
Social Capital Suvretta Holdings Corp. IV Class A Ordinary Shares
DNAD
$15.1M 0.39%
1,458,865
-411,669
-22% -$4.24M
PEO
64
Adams Natural Resources Fund
PEO
$742M
$15.1M 0.39%
753,687
+743,083
+7,008% +$14.6M
CLF icon
65
PUT
Cleveland-Cliffs
CLF
$6.68B
$15.1M 0.39%
+900,000
New +$14.3M
HES
66
PUT
DELISTED
Hess
HES
$15M 0.39%
+110,000
New +$15.1M
KKR icon
67
PUT
KKR & Co
KKR
$89.9B
$14.6M 0.38%
+260,000
New +$13.6M
GFGD
68
DELISTED
The Growth for Good Acquisition Corporation Class A Ordinary Shares
GFGD
$14.1M 0.37%
1,350,636
-717,975
-35% -$7.42M
MU icon
69
PUT
Micron Technology
MU
$927B
$13.9M 0.36%
220,000
– –
RDZN icon
70
Roadzen
RDZN
$95.6M
$13.7M 0.36%
1,290,000
-560,000
-30% -$5.89M
DNAB
71
DELISTED
Social Capital Suvretta Holdings Corp. II Class A Ordinary Shares
DNAB
$13.7M 0.36%
1,319,847
-138,949
-10% -$1.43M
AIF
72
DELISTED
Apollo Tactical Income Fund Inc.
AIF
$13.6M 0.35%
1,074,419
-10,727
-1% -$132K
MNTN
73
DELISTED
Everest Consolidator Acquisition Corporation
MNTN
$13.5M 0.35%
1,270,080
-400
-0% -$4.22K
VPV icon
74
Invesco Pennsylvania Value Municipal Income Trust
VPV
$196M
$13.1M 0.34%
1,323,891
+335,020
+34% +$3.3M
CNDA
75
DELISTED
Concord Acquisition Corp II
CNDA
$13M 0.34%
1,268,693
– –
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 Q2 2023 Portfolio in Review

As of Q2 2023, Saba Capital Management held 807 positions worth $3.84B, down 27% from $5.24B the previous quarter. Its ten largest holdings account for 32% of the portfolio.

Saba Capital Management withdrew a net $1.57B in Q2 2023, closing 180 positions and reducing 132 holdings. Its most notable exit was GCT Semiconductor Holding, an estimated $26.9M position sold in full.

By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 32% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, Saba Capital Management opened a new position in FS Credit Opportunities Corp worth $33.6M.

  • Saba Capital Management's largest Q2 2023 buy was FS Credit Opportunities Corp: 7,069,959 shares worth $33.6M.
  • Saba Capital Management added most to BlackRock ESG Capital Allocation Term Trust in Q2 2023, an estimated $56.8M increase.
  • Saba Capital Management's biggest Q2 2023 reduction was Nabors Energy Transition Corp., cutting an estimated $24.5M.
  • Saba Capital Management fully exited GCT Semiconductor Holding in Q2 2023, selling an estimated $26.9M.
  • Saba Capital Management's ten largest holdings make up 32% of its $3.84B portfolio in Q2 2023.
  • Saba Capital Management opened 42 new positions and closed 180 in Q2 2023.
  • Saba Capital Management's portfolio value fell 27% quarter-over-quarter to $3.84B.

Based on Saba Capital Management's 13F filing for Q2 2023, filed 14 Aug 2023.