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Saba Closed-End Funds ETF
CEFS

36 hedge funds and large institutions have $30.4M invested in Saba Closed-End Funds ETF in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 8

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

6% more funds holding

Funds holding: 34 → 36 (+2)

0.62% more ownership

Funds ownership: 29.63% → 30.24% (+0.62%)

93% less capital invested

Capital invested by funds: $429M → $30.4M (-$398M)

Holders
36
Holders Change
+2
Holders Change %
+5.88%
% of All Funds
0.57%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
13
Reduced
8
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
+$1.61M
2
CPIG
Chicago Partners Investment Group
Illinois
+$634K
3
RJA
Raymond James & Associates
Florida
+$411K
4
AWS
Atria Wealth Solutions
New York
+$312K
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$298K

Top Sellers

Rank Fund Capital Flow
1
TI
Tidal Investments
Wisconsin
-$880K
2
Mercer Global Advisors
Mercer Global Advisors
Colorado
-$629K
3
GIA
Gladstone Institutional Advisory
Florida
-$303K
4
VCM
Vivaldi Capital Management
Illinois
-$192K
5
Osaic Holdings
Osaic Holdings
Arizona
-$186K
Name Holding Trade Value Shares
Change 		Change in
Stake
AWS
26
Atria Wealth Solutions
New York
$314K +$312K +17,186 New
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$257K +$35.9K +1,975 +16%
AIP
28
Ahrens Investment Partners
Louisiana
$143K -$160K -8,819 -53%
UBS Group
29
UBS Group
Switzerland
$81.6K +$81.2K +4,470 New
SPIA
30
Steward Partners Investment Advisory
New York
$65.6K -$9.48K -522 -13%
Morgan Stanley
31
Morgan Stanley
New York
$51K +$50.7K +2,795 New
HCP
32
Hexagon Capital Partners
Arkansas
$43.8K – – –
HI
33
Harbour Investments
Wisconsin
$27.4K +$27.2K +1,500 New
RFA
34
Register Financial Advisors
Georgia
$4.75K – – –
Commonwealth Equity Services
35
Commonwealth Equity Services
Massachusetts
$247 +$16.6K +914 +7%
Fidelity Investments
36
Fidelity Investments
Massachusetts
$110 +$109 +6 New
Wells Fargo
37
Wells Fargo
California
$8 -$18 -1 Closed
Mercer Global Advisors
38
Mercer Global Advisors
Colorado
– -$629K -36,432 Closed
VCM
39
Vivaldi Capital Management
Illinois
– -$192K -10,675 Closed
SC
40
Sierra Capital
Florida
– -$49K -2,829 Closed
FWA
41
Freedom Wealth Alliance
Wisconsin
– -$5.7K -330 Closed
Citigroup
42
Citigroup
New York
– -$52 -3 Closed
1
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CEFS Hedge Fund Activity: Q1 2023 in Review

36 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q1 2023, worth a combined $30.4M — down 93% from $429M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new CEFS positions and 6 closed out — a net gain of 2 holders — while 13 added to existing stakes and 8 trimmed.

The largest buyer was LPL Financial, adding an estimated $1.61M. The largest seller was Tidal Investments, cutting an estimated $880K.

  • 36 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q1 2023, up from 34 in Q4 2022.
  • Funds reported $30.4M of Saba Closed-End Funds ETF stock for Q1 2023, down 93% quarter-over-quarter.
  • 8 funds opened new Saba Closed-End Funds ETF positions in Q1 2023 and 6 closed out, a net change of +2 holders.
  • The largest Saba Closed-End Funds ETF buyer in Q1 2023 was LPL Financial, an estimated $1.61M added.
  • The largest Saba Closed-End Funds ETF seller in Q1 2023 was Tidal Investments, an estimated $880K sold.

Based on aggregated 13F filings for Q1 2023.