Saba Closed-End Funds ETF
CEFS
34 hedge funds and large institutions have $429M invested in Saba Closed-End Funds ETF in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 2 closing their positions.
1,760% more capital invested
Capital invested by funds: $23M → $429M (+$406M)
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
13% more funds holding
Funds holding: 30 → 34 (+4)
1.42% more ownership
Funds ownership: 28.21% → 29.63% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.14M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.33M |
| 3 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$1.07M |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
+$636K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$453K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIG
Lokken Investment Group
Lewes,
Delaware
|
-$622K |
| 2 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
-$215K |
| 3 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
-$206K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$130K |
| 5 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$111K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $208K | +$29.3K | +1,677 | +16% |
|
|
VCM
27
Vivaldi Capital Management
Chicago,
Illinois
| $192K | – | – | – |
|
|
SPIA
28
Steward Partners Investment Advisory
New York
| $71K | – | – | – |
|
|
SC
29
Sierra Capital
Miami,
Florida
| $49K | +$1.92K | +110 | +4% |
|
|
HCP
30
Hexagon Capital Partners
Rogers,
Arkansas
| $41.4K | – | – | – |
|
|
FWA
31
Freedom Wealth Alliance
Brookfield,
Wisconsin
| $5.7K | +$5.76K | +330 | New |
|
|
RFA
32
Register Financial Advisors
Atlanta,
Georgia
| $4.49K | +$4.54K | +260 | New |
|
33
Citigroup
New York
| $52 | +$52 | +3 | New |
|
34
Wells Fargo
San Francisco,
California
| $17 | +$17 | +1 | New |
|
|
LIG
35
Lokken Investment Group
Lewes,
Delaware
| – | -$622K | -37,313 | Closed |
|
|
CRWM
36
Castle Rock Wealth Management
Walnut Creek,
California
| – | -$215K | -12,707 | Closed |
|
CEFS Hedge Fund Activity: Q4 2022 in Review
34 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q4 2022, worth a combined $429M — up 1,760% from $23M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CEFS positions and 2 closed out — a net gain of 6 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $3.14M. The largest seller was Lokken Investment Group, exiting entirely with an estimated $622K sold.
- 34 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q4 2022, up from 30 in Q3 2022.
- Funds reported $429M of Saba Closed-End Funds ETF stock for Q4 2022, up 1,760% quarter-over-quarter.
- 8 funds opened new Saba Closed-End Funds ETF positions in Q4 2022 and 2 closed out, a net change of +6 holders.
- The largest Saba Closed-End Funds ETF buyer in Q4 2022 was Osaic Holdings, an estimated $3.14M added.
- The largest Saba Closed-End Funds ETF seller in Q4 2022 was Lokken Investment Group, an estimated $622K sold.
Based on aggregated 13F filings for Q4 2022.