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Saba Closed-End Funds ETF
CEFS

53 hedge funds and large institutions have $54.1M invested in Saba Closed-End Funds ETF in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 10 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

367% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 3

130% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 10

46% more capital invested

Capital invested by funds: $37M → $54.1M (+$17M)

26% more funds holding

Funds holding: 42 → 53 (+11)

4.07% more ownership

Funds ownership: 30.27% → 34.35% (+4.1%)

Holders
53
Holders Change
+11
Holders Change %
+26.19%
% of All Funds
0.77%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
14
Increased
23
Reduced
10
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FWM
Fortress Wealth Management
California
+$5.51M
2
TJHA
Thomas J. Herzfeld Advisors
Florida
+$1.95M
3
LPL Financial
LPL Financial
California
+$1.52M
4
PCP
Proficio Capital Partners
Massachusetts
+$1.1M
5
Morgan Stanley
Morgan Stanley
New York
+$1.02M

Top Sellers

Rank Fund Capital Flow
1
Osaic Holdings
Osaic Holdings
Arizona
-$2.4M
2
CAM
Cresset Asset Management
Illinois
-$459K
3
TI
Tidal Investments
Wisconsin
-$253K
4
NA
NewEdge Advisors
Louisiana
-$156K
5
GIA
Gladstone Institutional Advisory
Florida
-$150K
Name Holding Trade Value Shares
Change 		Change in
Stake
ACM
26
Adalta Capital Management
New York
$486K -$35.9K -2,000 -7%
CAN
27
Cetera Advisor Networks
California
$467K +$90K +5,018 +26%
AWA
28
Amplius Wealth Advisors
Pennsylvania
$454K +$11.3K +630 +3%
AWS
29
Atria Wealth Solutions
New York
$448K -$40.8K -2,274 -9%
PS
30
Principal Securities
Iowa
$447K +$423K +23,570 New
Cambridge Investment Research Advisors
31
Cambridge Investment Research Advisors
Iowa
$406K +$14.1K +787 +4%
CL
32
CSS LLC
Illinois
$391K – – –
CWM
33
Circle Wealth Management
New Jersey
$375K – – –
HighTower Advisors
34
HighTower Advisors
Illinois
$335K +$317K +17,661 New
NA
35
NewEdge Advisors
Louisiana
$318K -$156K -8,697 -34%
Lido Advisors
36
Lido Advisors
California
$258K +$244K +13,615 New
Royal Bank of Canada
37
Royal Bank of Canada
Ontario, Canada
$230K +$15.3K +852 +8%
XF
38
XML Financial
Maryland
$229K +$5.69K +317 +3%
Commonwealth Equity Services
39
Commonwealth Equity Services
Massachusetts
$213K -$67.9K -3,782 -25%
FM
40
Family Management
New York
$203K +$192K +10,722 New
TSW
41
Thompson Siegel & Walmsley
Virginia
$190K +$89.7K +5,000 +100%
ASN
42
Advisory Services Network
Georgia
$117K +$110K +6,156 New
FFO
43
Fortitude Family Office
Arizona
$58.7K +$55.5K +3,096 New
SPIA
44
Steward Partners Investment Advisory
New York
$53.2K +$9.51K +530 +23%
HCP
45
Hexagon Capital Partners
Arkansas
$45.5K – – –
Comerica Bank
46
Comerica Bank
Texas
$41.3K – – –
NS
47
NBC Securities
Alabama
$29K +$28.2K +1,571 New
HI
48
Harbour Investments
Wisconsin
$28.5K – – –
FHA
49
First Horizon Advisors
Tennessee
$10.8K +$10.2K +570 New
MSG
50
Main Street Group
Virginia
$5.69K +$5.38K +300 New
1
2
3

CEFS Hedge Fund Activity: Q4 2023 in Review

53 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q4 2023, worth a combined $54.1M — up 46% from $37M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new CEFS positions and 3 closed out — a net gain of 11 holders — while 23 added to existing stakes and 10 trimmed.

The largest buyer was Fortress Wealth Management, opening a new position worth an estimated $5.51M. The largest seller was Osaic Holdings, cutting an estimated $2.4M.

  • 53 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q4 2023, up from 42 in Q3 2023.
  • Funds reported $54.1M of Saba Closed-End Funds ETF stock for Q4 2023, up 46% quarter-over-quarter.
  • 14 funds opened new Saba Closed-End Funds ETF positions in Q4 2023 and 3 closed out, a net change of +11 holders.
  • The largest Saba Closed-End Funds ETF buyer in Q4 2023 was Fortress Wealth Management, an estimated $5.51M added.
  • The largest Saba Closed-End Funds ETF seller in Q4 2023 was Osaic Holdings, an estimated $2.4M sold.

Based on aggregated 13F filings for Q4 2023.