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
-6.59%
1 Year Est. Return
+13%
3 Year Est. Return
+26.53%
5 Year Est. Return
+34.79%
10 Year Est. Return
+47.28%
AUM
$1.77B
AUM Growth
-$142M
Cap. Flow
-$10.1M
Cap. Flow %
-0.57%
Top 10 Hldgs %
29.75%
Holding
227
New
30
Increased
71
Reduced
62
Closed
43

Top Buys

Rank Stock Value
1
TLM
TALISMAN ENERGY INC
TLM
+$24.8M
2
BGB
Blackstone Strategic Credit 2027 Term Fund
BGB
+$23.3M
3
BTU
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
+$22.1M
4
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$17.7M
5
BPOP icon
Popular Inc
BPOP
+$13.9M

Top Sells

Rank Stock Value
1
BND icon
Vanguard Total Bond Market
BND
+$93.8M
2
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$73.1M
3
IGSB icon
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
+$49.7M
4
JNK icon
State Street SPDR Bloomberg High Yield Bond ETF
JNK
+$38.6M
5
RDN icon
Radian Group
RDN
+$28.6M

Sector Composition

Rank Sector Weight
1 Energy 4.68%
2 Financials 3.24%
3 Consumer Discretionary 2.83%
4 Industrials 2.54%
5 Materials 1.63%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HYT icon
1
BlackRock Corporate High Yield Fund
HYT
$1.36B
$90M 5.09%
7,609,542
+96,035
+1% +$1.16M
DSU icon
2
BlackRock Debt Strategies Fund
DSU
$591M
$63.3M 3.58%
5,522,214
-31,303
-0.6% -$372K
PCI
3
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
$55.7M 3.15%
2,478,943
-5,722
-0.2% -$132K
BPOP icon
4
PUT
Popular Inc
BPOP
$11B
$50.7M 2.87%
+1,723,500
New +$55M
BTZ icon
5
BlackRock Credit Allocation Income Trust
BTZ
$927M
$49.7M 2.81%
3,734,621
+221,522
+6% +$2.99M
MBI icon
6
PUT
MBIA
MBI
$288M
$47.5M 2.69%
5,175,000
-165,800
-3% -$1.63M
BTU
7
PUT
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
$45.2M 2.56%
+243,333
New +$55.3M
BIT icon
8
BlackRock Multi-Sector Income Trust
BIT
$696M
$42.7M 2.41%
2,404,449
+251,900
+12% +$4.56M
EDD
9
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
$372M
$40.8M 2.31%
3,451,090
+128,281
+4% +$1.66M
JCP
10
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
$40.4M 2.28%
4,020,200
– –
FAX
11
abrdn Asia-Pacific Income Fund
FAX
$590M
$40M 2.26%
1,129,138
+28,409
+3% +$1.04M
PPT
12
Franklin Premier Income Trust
PPT
$323M
$36.2M 2.05%
6,599,907
+494,770
+8% +$2.72M
AGO icon
13
PUT
Assured Guaranty
AGO
$3.78B
$34.1M 1.93%
+1,536,900
New +$35.8M
EAD
14
Allspring Income Opportunities Fund
EAD
$372M
$32.6M 1.84%
3,603,249
+491,142
+16% +$4.56M
SPY icon
15
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$778B
$31.5M 1.78%
160,000
-200,000
-56% -$39.5M
HYI
16
Western Asset High Yield Opportunity Fund Inc
HYI
$134M
$27.6M 1.56%
1,658,756
+198,981
+14% +$3.43M
BGB
17
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
$27.5M 1.55%
1,637,590
+1,354,776
+479% +$23.3M
TLM
18
DELISTED
TALISMAN ENERGY INC
TLM
$27.4M 1.55%
3,163,816
+2,456,588
+347% +$24.8M
MHY
19
DELISTED
WESTERN ASSET MANAGED HIGH INCOM FD INC. COM
MHY
$24.5M 1.39%
4,431,910
+142,489
+3% +$801K
IGSB icon
20
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$22.8B
$24.1M 1.37%
458,384
-943,580
-67% -$49.7M
ERC
21
Allspring Multi-Sector Income Fund
ERC
$255M
$23.8M 1.35%
1,705,343
+249,119
+17% +$3.63M
MCR
22
DELISTED
MFS Charter Income Trust
MCR
$22.9M 1.29%
2,580,198
+368,817
+17% +$3.35M
JLS icon
23
Nuveen Mortgage and Income Fund
JLS
$94.5M
$22.2M 1.25%
932,650
+92,601
+11% +$2.24M
HIO
24
Western Asset High Income Opportunity Fund
HIO
$335M
$22M 1.24%
3,798,775
-2,805
-0.1% -$16.6K
BTU
25
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
$21.2M 1.2%
114,108
+97,089
+570% +$22.1M
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 2014 Portfolio in Review

As of Q3 2014, Saba Capital Management held 227 positions worth $1.77B, down 7.4% from $1.91B the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Saba Capital Management's Q3 2014 filing shows 30 new, 71 increased, 62 reduced and 43 closed positions. Its largest new stake was State Street SPDR S&P 500 ETF Trust: 89,329 shares worth $17.6M. The largest sale was Vanguard Total Bond Market, an estimated $93.8M.

By sector, the portfolio is most concentrated in Energy at 4.7% of assets, up from 2.6% a quarter earlier, followed by Financials and Consumer Discretionary.

  • Saba Capital Management's largest Q3 2014 buy was State Street SPDR S&P 500 ETF Trust: 89,329 shares worth $17.6M.
  • Saba Capital Management added most to TALISMAN ENERGY INC in Q3 2014, an estimated $24.8M increase.
  • Saba Capital Management's biggest Q3 2014 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $73.1M.
  • Saba Capital Management fully exited Vanguard Total Bond Market in Q3 2014, selling an estimated $93.8M.
  • Saba Capital Management's ten largest holdings make up 30% of its $1.77B portfolio in Q3 2014.
  • Saba Capital Management opened 30 new positions and closed 43 in Q3 2014.
  • Saba Capital Management's portfolio value fell 7.4% quarter-over-quarter to $1.77B.

Based on Saba Capital Management's 13F filing for Q3 2014, filed 14 Nov 2014.