Saba Closed-End Funds ETF
CEFS
27 hedge funds and large institutions have $26M invested in Saba Closed-End Funds ETF in 2022 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 5 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 7
6.99% less ownership
Funds ownership: 35.09% → 28.1% (-7%)
15% less capital invested
Capital invested by funds: $30.4M → $26M (-$4.47M)
16% less funds holding
Funds holding: 32 → 27 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$398K |
| 2 |
LPL Financial
San Diego,
California
|
+$278K |
| 3 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$244K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$241K |
| 5 |
AW
ACG Wealth
Atlanta,
Georgia
|
+$160K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$1.87M |
| 2 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
-$887K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$774K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$672K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$331K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $14K | – | – | – |
|
|
ARC
27
Advisor Resource Council
Dallas,
Texas
| – | -$1.87M | -90,251 | Closed |
|
|
TJHA
28
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$774K | -37,414 | Closed |
|
|
IWM
29
IHT Wealth Management
Chicago,
Illinois
| – | -$202K | -9,787 | Closed |
|
30
UBS Group
Zurich,
Switzerland
| – | -$35K | -1,700 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$2K | -75 | Closed |
|
CEFS Hedge Fund Activity: Q1 2022 in Review
27 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q1 2022, worth a combined $26M — down 15% from $30.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CEFS and 0 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 15 added.
The largest buyer was Envestnet Asset Management, adding an estimated $398K. The largest seller was Advisor Resource Council, exiting entirely with an estimated $1.87M sold.
- 27 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q1 2022, down from 32 in Q4 2021.
- Funds reported $26M of Saba Closed-End Funds ETF stock for Q1 2022, down 15% quarter-over-quarter.
- 0 funds opened new Saba Closed-End Funds ETF positions in Q1 2022 and 5 closed out, a net change of -5 holders.
- The largest Saba Closed-End Funds ETF buyer in Q1 2022 was Envestnet Asset Management, an estimated $398K added.
- The largest Saba Closed-End Funds ETF seller in Q1 2022 was Advisor Resource Council, an estimated $1.87M sold.
Based on aggregated 13F filings for Q1 2022.