Saba Closed-End Funds ETF
CEFS
5 hedge funds and large institutions have $3.88M invested in Saba Closed-End Funds ETF in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, reducing their positions, and 4 closing their positions.
2.14% less ownership
Funds ownership: 20.6% → 18.46% (-2.1%)
12% less capital invested
Capital invested by funds: $4.43M → $3.88M (-$542K)
38% less funds holding
Funds holding: 8 → 5 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
+$318K |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
+$65.5K |
| 3 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$6.39K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$552K |
| 2 |
Jane Street
New York
|
-$250K |
| 3 |
IIC
Integrated Investment Consultants
Bloomfield Hills,
Michigan
|
-$48K |
| 4 |
CDIA
Capital Directions Investment Advisors
Atlanta,
Georgia
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FPCP
1
Fort Point Capital Partners
San Francisco,
California
| $3.19M | +$318K | +15,590 | +11% |
|
|
SC
2
Scotia Capital
Toronto,
Ontario, Canada
| $597K | +$6.39K | +313 | +1% |
|
|
AG
3
Advisor Group
Phoenix,
Arizona
| $64K | +$65.5K | +3,209 | New |
|
4
CIBC Private Wealth Group
Atlanta,
Georgia
| $17K | – | – | – |
|
|
LTFS
5
Ladenburg Thalmann Financial Services
Miami,
Florida
| $14K | – | – | – |
|
|
VF
6
Virtu Financial
New York
| – | -$552K | -26,950 | Closed |
|
|
7
Jane Street
New York
| – | -$250K | -12,207 | Closed |
|
|
IIC
8
Integrated Investment Consultants
Bloomfield Hills,
Michigan
| – | -$48K | -2,350 | Closed |
|
|
CDIA
9
Capital Directions Investment Advisors
Atlanta,
Georgia
| – | -$1K | -60 | Closed |
|
CEFS Hedge Fund Activity: Q2 2018 in Review
5 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q2 2018, worth a combined $3.88M — down 12% from $4.43M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CEFS and 1 opened new positions — a net loss of 3 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was Fort Point Capital Partners, adding an estimated $318K. The largest seller was Virtu Financial, exiting entirely with an estimated $552K sold.
- 5 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q2 2018, down from 8 in Q1 2018.
- Funds reported $3.88M of Saba Closed-End Funds ETF stock for Q2 2018, down 12% quarter-over-quarter.
- 1 fund opened new Saba Closed-End Funds ETF positions in Q2 2018 and 4 closed out, a net change of -3 holders.
- The largest Saba Closed-End Funds ETF buyer in Q2 2018 was Fort Point Capital Partners, an estimated $318K added.
- The largest Saba Closed-End Funds ETF seller in Q2 2018 was Virtu Financial, an estimated $552K sold.
Based on aggregated 13F filings for Q2 2018.