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
+0.03%
1 Year Est. Return
+13%
3 Year Est. Return
+26.53%
5 Year Est. Return
+34.79%
10 Year Est. Return
+47.28%
AUM
$987M
AUM Growth
-$116M
Cap. Flow
+$360M
Cap. Flow %
36.5%
Top 10 Hldgs %
49.24%
Holding
120
New
18
Increased
21
Reduced
39
Closed
13

Top Buys

Rank Stock Value
1
ORIG
Ocean Rig UDW Inc. Class A Common Shares
ORIG
+$528M
2
TEI
Templeton Emerging Markets Income Fund
TEI
+$20.7M
3
AOD
abrdn Total Dynamic Dividend Fund
AOD
+$18.7M
4
AAPL icon
Apple
AAPL
+$18M
5
DEX
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
+$6.15M

Top Sells

Rank Stock Value
1
FSD
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
+$75.4M
2
ERC
Allspring Multi-Sector Income Fund
ERC
+$29.8M
3
AVK
Advent Convertible and Income Fund
AVK
+$25.2M
4
EMD
Western Asset Emerging Markets Debt Fund
EMD
+$17.9M
5
HTZ
Hertz Global Holdings, Inc.
HTZ
+$15.8M

Sector Composition

Rank Sector Weight
1 Healthcare 6.78%
2 Financials 2.29%
3 Energy 1.9%
4 Technology 1.89%
5 Materials 1%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LGI
76
Lazard Global Total Return & Income Fund
LGI
$235M
$500K 0.05%
29,813
-20,547
-41% -$340K
PES
77
DELISTED
Pioneer Energy Services Corp.
PES
$496K 0.05%
194,332
-45,693
-19% -$97K
EEA
78
European Equity Fund
EEA
$73.9M
$438K 0.04%
45,222
– –
ZF
79
DELISTED
Virtus Total Return Fund Inc.
ZF
$409K 0.04%
31,366
– –
MCR
80
DELISTED
MFS Charter Income Trust
MCR
$399K 0.04%
46,000
-47,815
-51% -$413K
CCLP
81
DELISTED
CSI Compressco LP
CCLP
$393K 0.04%
+75,497
New +$362K
RVT icon
82
Royce Value Trust
RVT
$2.21B
$381K 0.04%
24,103
-297,064
-92% -$4.4M
RA
83
Brookfield Real Assets Income Fund
RA
$703M
$354K 0.04%
14,899
-19,402
-57% -$460K
BCV
84
Bancroft Fund
BCV
$136M
$350K 0.04%
15,970
– –
RMT
85
Royce Micro-Cap Trust
RMT
$736M
$334K 0.03%
+35,582
New +$308K
EMD
86
Western Asset Emerging Markets Debt Fund
EMD
$609M
$277K 0.03%
17,621
-1,144,952
-98% -$17.9M
RIG icon
87
PUT
Transocean
RIG
$5.92B
$273K 0.03%
780,600
– –
PCF
88
High Income Securities Fund
PCF
$99.6M
$269K 0.03%
30,173
-294,728
-91% -$2.6M
GDV icon
89
Gabelli Dividend & Income Trust
GDV
$2.6B
$264K 0.03%
+11,779
New +$258K
ARDC
90
Are Dynamic Credit Allocation Fund
ARDC
$297M
$263K 0.03%
+16,007
New +$261K
ASHR icon
91
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.35B
$260K 0.03%
8,900
– –
APC
92
DELISTED
Anadarko Petroleum
APC
$212K 0.02%
4,347
– –
FAM
93
DELISTED
First Trust/abrdn Global Opportunity Income Fund
FAM
$190K 0.02%
16,112
– –
RDN icon
94
Radian Group
RDN
$5.14B
$187K 0.02%
10,000
– –
SCD
95
LMP Capital and Income Fund
SCD
$353M
$169K 0.02%
11,589
– –
AWF
96
AllianceBernstein Global High Income Fund
AWF
$867M
$159K 0.02%
+12,210
New +$158K
INB
97
DELISTED
Cohen & Steers Global Income Builder, Inc.
INB
$153K 0.02%
+15,725
New +$152K
HYB
98
DELISTED
New America High Income Fund, Inc.
HYB
$150K 0.02%
15,050
– –
JMM icon
99
Nuveen Multi-Market Income Fund
JMM
$54.1M
$131K 0.01%
17,285
– –
FT
100
Franklin Universal Trust
FT
$201M
$74K 0.01%
+10,145
New +$73.3K
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 Q3 2017 Portfolio in Review

As of Q3 2017, Saba Capital Management held 120 positions worth $987M, down 11% from $1.1B the previous quarter. Its ten largest holdings account for 49% of the portfolio.

Saba Capital Management deployed $360M of net new capital in Q3 2017, opening 18 new positions and adding to 21 existing holdings. Its largest new stake was Ocean Rig UDW Inc. Class A Common Shares: 361,420 shares worth $8.59M.

By sector, the portfolio is most concentrated in Healthcare at 6.8% of assets, down from 7.2% a quarter earlier, followed by Financials and Energy.

On the sell side, the largest reduction was FIRST TRUST HIGH INCOME LONG/SHORT FUND, an estimated $75.4M trimmed.

  • Saba Capital Management's largest Q3 2017 buy was Ocean Rig UDW Inc. Class A Common Shares: 361,420 shares worth $8.59M.
  • Saba Capital Management added most to Templeton Emerging Markets Income Fund in Q3 2017, an estimated $20.7M increase.
  • Saba Capital Management's biggest Q3 2017 reduction was FIRST TRUST HIGH INCOME LONG/SHORT FUND, cutting an estimated $75.4M.
  • Saba Capital Management fully exited Franklin Limited Duration Income Trust in Q3 2017, selling an estimated $3.35M.
  • Saba Capital Management's ten largest holdings make up 49% of its $987M portfolio in Q3 2017.
  • Saba Capital Management opened 18 new positions and closed 13 in Q3 2017.
  • Saba Capital Management's portfolio value fell 11% quarter-over-quarter to $987M.

Based on Saba Capital Management's 13F filing for Q3 2017, filed 14 Nov 2017.