Saba Closed-End Funds ETF
CEFS
16 hedge funds and large institutions have $16.9M invested in Saba Closed-End Funds ETF in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
0% more funds holding
Funds holding: 16 → 16 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
1% less capital invested
Capital invested by funds: $17M → $16.9M (-$116K)
4.82% less ownership
Funds ownership: 39.48% → 34.66% (-4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Adalta Capital Management
New York
|
+$292K |
| 2 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$117K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$98.5K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$72K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$54.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.32M |
| 2 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
-$24K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$10.7K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$9.06K |
CEFS Hedge Fund Activity: Q4 2019 in Review
16 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q4 2019, worth a combined $16.9M — down 0.68% from $17M a quarter earlier.
Fund positioning in CEFS was balanced in Q4 2019: 2 funds opened new positions, 2 closed out, 8 added to existing stakes and 2 trimmed.
The largest buyer was Adalta Capital Management, adding an estimated $292K. The largest seller was Jane Street, exiting entirely with an estimated $1.32M sold.
- 16 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $16.9M of Saba Closed-End Funds ETF stock for Q4 2019, down 0.68% quarter-over-quarter.
- 2 funds opened new Saba Closed-End Funds ETF positions in Q4 2019 and 2 closed out, a net change of 0 holders.
- The largest Saba Closed-End Funds ETF buyer in Q4 2019 was Adalta Capital Management, an estimated $292K added.
- The largest Saba Closed-End Funds ETF seller in Q4 2019 was Jane Street, an estimated $1.32M sold.
Based on aggregated 13F filings for Q4 2019.