Saba Closed-End Funds ETF
CEFS
7 hedge funds and large institutions have $4.02M invested in Saba Closed-End Funds ETF in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
40% more funds holding
Funds holding: 5 → 7 (+2)
2.66% more ownership
Funds ownership: 18.46% → 21.11% (+2.7%)
4% more capital invested
Capital invested by funds: $3.88M → $4.02M (+$137K)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$688K |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$436K |
| 3 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$118K |
| 4 |
PA
Parallel Advisors
San Francisco,
California
|
+$14.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
-$679K |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$17K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FPCP
1
Fort Point Capital Partners
San Francisco,
California
| $2.52M | -$679K | -33,852 | -21% |
|
|
SC
2
Scotia Capital
Toronto,
Ontario, Canada
| $715K | +$118K | +5,863 | +20% |
|
|
3
Citadel Advisors
Miami,
Florida
| $689K | +$688K | +34,288 | New |
|
|
AG
4
Advisor Group
Phoenix,
Arizona
| $65K | – | – | – |
|
|
PA
5
Parallel Advisors
San Francisco,
California
| $14K | +$14.2K | +707 | New |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $13K | – | – | – |
|
|
7
Northern Trust
Chicago,
Illinois
| $4K | +$436K | +21,745 | New |
|
|
8
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$17K | -847 | Closed |
|
CEFS Hedge Fund Activity: Q3 2018 in Review
7 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q3 2018, worth a combined $4.02M — up 3.5% from $3.88M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new CEFS positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $688K. The largest seller was Fort Point Capital Partners, cutting an estimated $679K.
- 7 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q3 2018, up from 5 in Q2 2018.
- Funds reported $4.02M of Saba Closed-End Funds ETF stock for Q3 2018, up 3.5% quarter-over-quarter.
- 3 funds opened new Saba Closed-End Funds ETF positions in Q3 2018 and 1 closed out, a net change of +2 holders.
- The largest Saba Closed-End Funds ETF buyer in Q3 2018 was Citadel Advisors, an estimated $688K added.
- The largest Saba Closed-End Funds ETF seller in Q3 2018 was Fort Point Capital Partners, an estimated $679K sold.
Based on aggregated 13F filings for Q3 2018.