We are live on ! Find out more
CEFS icon

Saba Closed-End Funds ETF
CEFS

12 hedge funds and large institutions have $14M invested in Saba Closed-End Funds ETF in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

11% more capital invested

Capital invested by funds: $12.7M → $14M (+$1.38M)

6.1% less ownership

Funds ownership: 50.3% → 44.21% (-6.1%)

25% less funds holding

Funds holding: 16 → 12 (-4)

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4

Holders
12
Holders Change
-4
Holders Change %
-25%
% of All Funds
0.26%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
1
Increased
4
Reduced
3
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
TI
Tidal Investments
Wisconsin
+$389K
2
SC
Scotia Capital
Ontario, Canada
+$162K
3
Jane Street
Jane Street
New York
+$23.6K
4
BCI
Brinker Capital Investments
Pennsylvania
+$10.1K
5
AW
ACG Wealth
Georgia
+$1.94K

Top Sellers

Rank Fund Capital Flow
1
AC
Athanor Capital
New York
-$878K
2
Citadel Advisors
Citadel Advisors
Florida
-$406K
3
SCM
Saba Capital Management
New York
-$262K
4
CWM
Cornerstone Wealth Management
Missouri
-$14.9K
5
PA
Parallel Advisors
California
-$12K
Name Holding Trade Value Shares
Change 		Change in
Stake
Citigroup
1
Citigroup
New York
$7.92M – – –
CWM
2
Cornerstone Wealth Management
Missouri
$1.79M -$14.9K -766 -6%
TI
3
Tidal Investments
Wisconsin
$1.75M +$389K +20,045 +29%
SC
4
Scotia Capital
Ontario, Canada
$889K +$162K +8,320 +23%
Jane Street
5
Jane Street
New York
$775K +$23.6K +1,217 +3%
Citadel Advisors
6
Citadel Advisors
Florida
$613K -$406K -20,892 -40%
AW
7
ACG Wealth
Georgia
$248K +$1.94K +100 +0.8%
WEC
8
Winslow Evans & Crocker
Massachusetts
$16K – – –
LTFS
9
Ladenburg Thalmann Financial Services
Florida
$13K – – –
AG
10
Advisor Group
Arizona
$11K – – –
BCI
11
Brinker Capital Investments
Pennsylvania
$10K +$10.1K +518 New
Northern Trust
12
Northern Trust
Illinois
$2K -$9.71K -500 -5%
AC
13
Athanor Capital
New York
– -$878K -50,000 Closed
SCM
14
Saba Capital Management
New York
– -$262K -14,924 Closed
PA
15
Parallel Advisors
California
– -$12K -707 Closed
UBS Group
16
UBS Group
Switzerland
– -$2K -126 Closed

CEFS Hedge Fund Activity: Q1 2019 in Review

12 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q1 2019, worth a combined $14M — up 11% from $12.7M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of CEFS and 1 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 4 added.

The largest buyer was Tidal Investments, adding an estimated $389K. The largest seller was Athanor Capital, exiting entirely with an estimated $878K sold.

  • 12 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q1 2019, down from 16 in Q4 2018.
  • Funds reported $14M of Saba Closed-End Funds ETF stock for Q1 2019, up 11% quarter-over-quarter.
  • 1 fund opened new Saba Closed-End Funds ETF positions in Q1 2019 and 4 closed out, a net change of -3 holders.
  • The largest Saba Closed-End Funds ETF buyer in Q1 2019 was Tidal Investments, an estimated $389K added.
  • The largest Saba Closed-End Funds ETF seller in Q1 2019 was Athanor Capital, an estimated $878K sold.

Based on aggregated 13F filings for Q1 2019.