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
+1.9%
1 Year Est. Return
+13%
3 Year Est. Return
+26.53%
5 Year Est. Return
+34.79%
10 Year Est. Return
+47.28%
AUM
$1.72B
AUM Growth
+$520M
Cap. Flow
+$461M
Cap. Flow %
26.79%
Top 10 Hldgs %
33.92%
Holding
240
New
78
Increased
73
Reduced
37
Closed
39

Top Buys

Rank Stock Value
1
HYT icon
BlackRock Corporate High Yield Fund
HYT
+$61.2M
2
EDD
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
+$37.3M
3
GHY
PGIM Global High Yield Fund
GHY
+$34.9M
4
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
+$30.5M
5
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$29.4M

Top Sells

Rank Stock Value
1
JNK icon
State Street SPDR Bloomberg High Yield Bond ETF
JNK
+$54.5M
2
MTCN
ARCELORMITTAL 6% MANDATORILTY CONV SUB NT DUE 2016 (LUX)
MTCN
+$17.2M
3
HYG icon
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
+$16.7M
4
GLNG icon
Golar LNG
GLNG
+$14.4M
5
SPLS
Staples Inc
SPLS
+$12.6M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 4.67%
2 Energy 3.39%
3 Financials 3.36%
4 Technology 2.58%
5 Materials 1.74%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BGH
151
Barings Global Short Duration High Yield Fund
BGH
$283M
$1.05M 0.06%
+45,386
New +$1.05M
CIK
152
Credit Suisse Asset Management Income Fund
CIK
$135M
$1.04M 0.06%
+291,103
New +$1.05M
OI icon
153
O-I Glass
OI
$1.41B
$1M 0.06%
+28,099
New +$906K
CHW
154
Calamos Global Dynamic Income Fund
CHW
$538M
$1M 0.06%
111,742
+30,600
+38% +$269K
CSI
155
DELISTED
Cutwater Select Income Fund
CSI
$987K 0.06%
+53,885
New +$964K
ARR
156
Armour Residential REIT
ARR
$2.01B
$928K 0.05%
5,784
-6,169
-52% -$994K
SGL
157
DELISTED
STRATEGIC GLOBAL INCOME FUND
SGL
$920K 0.05%
101,874
+67,905
+200% +$615K
DYN.WS
158
DELISTED
Dynegy Inc,
DYN.WS
$899K 0.05%
660,952
+150,000
+29% +$189K
HLF icon
159
PUT
Herbalife
HLF
$1.26B
$889K 0.05%
22,600
– –
GGM
160
DELISTED
GUGGENHEIM CREDIT ALLOCATION FUND
GGM
$861K 0.05%
+38,299
New +$871K
SCD
161
LMP Capital and Income Fund
SCD
$351M
$849K 0.05%
53,863
+10,863
+25% +$167K
JHS
162
John Hancock Income Securities Trust
JHS
$127M
$815K 0.05%
+56,997
New +$801K
FMY
163
First Trust Mortgage Income Fund
FMY
$48.9M
$805K 0.05%
+51,727
New +$807K
IVH
164
DELISTED
Delaware Ivy High Income Opportunities Fund
IVH
$804K 0.05%
+44,740
New +$794K
HPS
165
John Hancock Preferred Income Fund III
HPS
$457M
$794K 0.05%
+50,946
New +$818K
HYB
166
DELISTED
New America High Income Fund, Inc.
HYB
$769K 0.04%
+79,731
New +$764K
BIOA
167
DELISTED
BioAmber Inc.
BIOA
$740K 0.04%
98,882
-28,568
-22% -$196K
TAI
168
DELISTED
TRANSAMERICA INCOME SHS INC
TAI
$650K 0.04%
+31,150
New +$641K
DEX
169
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
$565K 0.03%
46,269
+456
+1% +$5.53K
JDD
170
DELISTED
Nuveen Diversified Dividend and Income Fund
JDD
$538K 0.03%
47,729
– –
PPO
171
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
$528K 0.03%
13,568
-1,035
-7% -$40.8K
PSF icon
172
Cohen & Steers Select Preferred & Income Fund
PSF
$233M
$515K 0.03%
+20,874
New +$500K
SPLB icon
173
State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
$1.19B
$505K 0.03%
+20,426
New +$506K
NLY icon
174
Annaly Capital Management
NLY
$16.9B
$450K 0.03%
11,278
-12,030
-52% -$522K
MITT
175
TPG Mortgage Investment Trust
MITT
$233M
$422K 0.02%
9,004
-9,606
-52% -$463K
5 6
7
8 9

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 2013 Portfolio in Review

As of Q4 2013, Saba Capital Management held 240 positions worth $1.72B, up 43% from $1.2B the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Saba Capital Management deployed $461M of net new capital in Q4 2013, opening 78 new positions and adding to 73 existing holdings. Its largest new stake was PGIM Global High Yield Fund: 2,022,202 shares worth $35.1M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 4.7% of assets, down from 6.2% a quarter earlier, followed by Energy and Financials.

On the sell side, the largest reduction was State Street SPDR Bloomberg High Yield Bond ETF, an estimated $54.5M trimmed.

  • Saba Capital Management's largest Q4 2013 buy was PGIM Global High Yield Fund: 2,022,202 shares worth $35.1M.
  • Saba Capital Management added most to BlackRock Corporate High Yield Fund in Q4 2013, an estimated $61.2M increase.
  • Saba Capital Management's biggest Q4 2013 reduction was State Street SPDR Bloomberg High Yield Bond ETF, cutting an estimated $54.5M.
  • Saba Capital Management fully exited ARCELORMITTAL 6% MANDATORILTY CONV SUB NT DUE 2016 (LUX) in Q4 2013, selling an estimated $17.2M.
  • Saba Capital Management's ten largest holdings make up 34% of its $1.72B portfolio in Q4 2013.
  • Saba Capital Management opened 78 new positions and closed 39 in Q4 2013.
  • Saba Capital Management's portfolio value rose 43% quarter-over-quarter to $1.72B.

Based on Saba Capital Management's 13F filing for Q4 2013, filed 14 Feb 2014.