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
+2.14%
1 Year Est. Return
+13%
3 Year Est. Return
+26.53%
5 Year Est. Return
+34.79%
10 Year Est. Return
+47.28%
AUM
$3.49B
AUM Growth
+$369M
Cap. Flow
+$324M
Cap. Flow %
9.27%
Top 10 Hldgs %
33.32%
Holding
665
New
234
Increased
116
Reduced
55
Closed
228

Top Buys

Rank Stock Value
1
AUR icon
Aurora
AUR
+$38.4M
2
FVIV
Fortress Value Acquisition Corp. IV
FVIV
+$29.6M
3
GGPI
Gores Guggenheim, Inc. Class A Common Stock
GGPI
+$23.5M
4
CLAA
Colonnade Acquisition Corp. II
CLAA
+$18.5M
5
GIWWU
GigInternational1, Inc. Units
GIWWU
+$16.7M

Top Sells

Rank Stock Value
1
RTPYU
Reinvent Technology Partners Y Unit
RTPYU
+$38.5M
2
JFR icon
Nuveen Floating Rate Income Fund
JFR
+$38.3M
3
FVIV.U
Fortress Value Acquisition Corp. IV Units, each consisting of one share of Class A common stock and one-eighth of one redeemable Warrant
FVIV.U
+$24.8M
4
IGD
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
+$22.6M
5
EFF
EATON VANCE FLOATING-RATE INCOME PLUS FUND
EFF
+$21.8M

Sector Composition

Rank Sector Weight
1 Financials 26.13%
2 Healthcare 4%
3 Industrials 3.26%
4 Technology 3.08%
5 Consumer Discretionary 2.42%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HYG icon
1
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
$229M 6.56%
2,600,000
-757,500
-23% -$66.1M
SABA
2
Saba Capital Income & Opportunities Fund II
SABA
$220M
$143M 4.09%
12,762,355
+479,847
+4% +$5.29M
BRW
3
Saba Capital Income & Opportunities Fund
BRW
$336M
$123M 3.52%
13,049,998
-678,652
-5% -$6.29M
VTA
4
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
$120M 3.44%
10,133,425
+21
+0% +$244
TDG icon
5
PUT
TransDigm Group
TDG
$69.2B
$112M 3.21%
173,100
+119,600
+224% +$75M
POST icon
6
PUT
Post Holdings
POST
$4.12B
$110M 3.16%
+1,556,268
New +$115M
UBER icon
7
PUT
Uber
UBER
$134B
$93.8M 2.69%
1,871,100
-1,322,500
-41% -$69.1M
EFT
8
Eaton Vance Floating-Rate Income Trust
EFT
$283M
$89.5M 2.56%
6,218,811
– –
OPTU
9
PUT
Optimum Communications Inc
OPTU
$316M
$79.2M 2.27%
+2,320,900
New +$81.2M
VVR icon
10
Invesco Senior Income Trust
VVR
$456M
$63.2M 1.81%
14,173,480
-409,509
-3% -$1.75M
EVF
11
Eaton Vance Senior Income Trust
EVF
$90.3M
$54.7M 1.57%
8,043,774
– –
EFR
12
Eaton Vance Senior Floating-Rate Fund
EFR
$311M
$49.5M 1.42%
3,498,624
– –
TEVA icon
13
PUT
Teva Pharmaceuticals
TEVA
$35.9B
$43.5M 1.24%
+4,389,500
New +$46.5M
AUR icon
14
Aurora
AUR
$11.7B
$38.3M 1.1%
+3,881,414
New +$38.4M
SOR
15
Source Capital
SOR
$369M
$37.1M 1.06%
814,742
-287
-0% -$12.9K
JRO
16
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
$32.7M 0.94%
3,347,127
-1,146,279
-26% -$10.9M
HIE
17
DELISTED
Miller/Howard High Income Equity Fund
HIE
$30.3M 0.87%
2,892,877
+345,591
+14% +$3.5M
F icon
18
PUT
Ford
F
$57.3B
$29.7M 0.85%
2,000,000
– –
GHY
19
PGIM Global High Yield Fund
GHY
$478M
$29.7M 0.85%
1,862,082
-716,360
-28% -$11M
FVIV
20
DELISTED
Fortress Value Acquisition Corp. IV
FVIV
$29.5M 0.84%
+3,006,844
New +$29.6M
SAFE
21
PUT
Safehold
SAFE
$1.19B
$28.3M 0.81%
280,878
+126,284
+82% +$11.2M
JFR icon
22
Nuveen Floating Rate Income Fund
JFR
$1.23B
$27.4M 0.78%
2,732,232
-3,953,213
-59% -$38.3M
BGB
23
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
$26.3M 0.75%
1,890,984
-404,038
-18% -$5.48M
GGPI
24
DELISTED
Gores Guggenheim, Inc. Class A Common Stock
GGPI
$23.4M 0.67%
+2,399,090
New +$23.5M
DAL icon
25
PUT
Delta Air Lines
DAL
$55.9B
$23M 0.66%
+532,400
New +$24.6M
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 Q2 2021 Portfolio in Review

As of Q2 2021, Saba Capital Management held 665 positions worth $3.49B, up 12% from $3.12B the previous quarter. Its ten largest holdings account for 33% of the portfolio.

Saba Capital Management deployed $324M of net new capital in Q2 2021, opening 234 new positions and adding to 116 existing holdings. Its largest new stake was Aurora: 3,881,414 shares worth $38.3M.

By sector, the portfolio is most concentrated in Financials at 26% of assets, up from 8.3% a quarter earlier, followed by Healthcare and Industrials.

On the sell side, the largest reduction was Nuveen Floating Rate Income Fund, an estimated $38.3M trimmed.

  • Saba Capital Management's largest Q2 2021 buy was Aurora: 3,881,414 shares worth $38.3M.
  • Saba Capital Management added most to E.Merge Technology Acquisition Corp. Class A Common Stock in Q2 2021, an estimated $10.7M increase.
  • Saba Capital Management's biggest Q2 2021 reduction was Nuveen Floating Rate Income Fund, cutting an estimated $38.3M.
  • Saba Capital Management fully exited Reinvent Technology Partners Y Unit in Q2 2021, selling an estimated $38.5M.
  • Saba Capital Management's ten largest holdings make up 33% of its $3.49B portfolio in Q2 2021.
  • Saba Capital Management opened 234 new positions and closed 228 in Q2 2021.
  • Saba Capital Management's portfolio value rose 12% quarter-over-quarter to $3.49B.

Based on Saba Capital Management's 13F filing for Q2 2021, filed 16 Aug 2021.