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Saba Closed-End Funds ETF
CEFS

42 hedge funds and large institutions have $37M invested in Saba Closed-End Funds ETF in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 8 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 1

175% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 8

11% more funds holding

Funds holding: 38 → 42 (+4)

6% more capital invested

Capital invested by funds: $34.8M → $37M (+$2.22M)

0.42% less ownership

Funds ownership: 30.69% → 30.27% (-0.42%)

Holders
42
Holders Change
+4
Holders Change %
+10.53%
% of All Funds
0.67%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
22
Reduced
8
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PCP
Proficio Capital Partners
Massachusetts
+$1.31M
2
LPL Financial
LPL Financial
California
+$876K
3
Morgan Stanley
Morgan Stanley
New York
+$841K
4
TJHA
Thomas J. Herzfeld Advisors
Florida
+$540K
5
Osaic Holdings
Osaic Holdings
Arizona
+$526K

Top Sellers

Rank Fund Capital Flow
1
TI
Tidal Investments
Wisconsin
-$1.27M
2
AWA
Arete Wealth Advisors
Illinois
-$591K
3
ACM
Adalta Capital Management
New York
-$126K
4
AWM
Avior Wealth Management
Nebraska
-$55.2K
5
RJFSA
Raymond James Financial Services Advisors
Florida
-$41.8K
Name Holding Trade Value Shares
Change 		Change in
Stake
Wealth Enhancement Advisory Services
26
Wealth Enhancement Advisory Services
Minnesota
$399K +$419K +22,753 New
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$361K +$10.3K +562 +3%
CL
28
CSS LLC
Illinois
$361K – – –
CWM
29
Circle Wealth Management
New Jersey
$346K – – –
CAN
30
Cetera Advisor Networks
California
$344K +$32.3K +1,755 +10%
Commonwealth Equity Services
31
Commonwealth Equity Services
Massachusetts
$263K +$31.6K +1,714 +13%
XF
32
XML Financial
Maryland
$206K +$216K +11,746 New
Royal Bank of Canada
33
Royal Bank of Canada
Ontario, Canada
$197K +$7.4K +402 +4%
TSW
34
Thompson Siegel & Walmsley
Virginia
$88K – – –
HCP
35
Hexagon Capital Partners
Arkansas
$42K – – –
SPIA
36
Steward Partners Investment Advisory
New York
$39.9K -$24.3K -1,318 -37%
Comerica Bank
37
Comerica Bank
Texas
$38.1K +$40.1K +2,177 New
HI
38
Harbour Investments
Wisconsin
$26.3K – – –
UBS Group
39
UBS Group
Switzerland
$6.41K +$4.99K +271 +285%
RFA
40
Register Financial Advisors
Georgia
$4.55K – – –
Fidelity Investments
41
Fidelity Investments
Massachusetts
$18 – – –
Wells Fargo
42
Wells Fargo
California
$17 +$18 +1 New
AWA
43
Arete Wealth Advisors
Illinois
– -$591K -32,034 Closed
1
2

CEFS Hedge Fund Activity: Q3 2023 in Review

42 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q3 2023, worth a combined $37M — up 6.4% from $34.8M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new CEFS positions and 1 closed out — a net gain of 4 holders — while 22 added to existing stakes and 8 trimmed.

The largest buyer was Proficio Capital Partners, adding an estimated $1.31M. The largest seller was Tidal Investments, cutting an estimated $1.27M.

  • 42 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q3 2023, up from 38 in Q2 2023.
  • Funds reported $37M of Saba Closed-End Funds ETF stock for Q3 2023, up 6.4% quarter-over-quarter.
  • 5 funds opened new Saba Closed-End Funds ETF positions in Q3 2023 and 1 closed out, a net change of +4 holders.
  • The largest Saba Closed-End Funds ETF buyer in Q3 2023 was Proficio Capital Partners, an estimated $1.31M added.
  • The largest Saba Closed-End Funds ETF seller in Q3 2023 was Tidal Investments, an estimated $1.27M sold.

Based on aggregated 13F filings for Q3 2023.