Saba Opportunistically Hedged Closed-End Funds ETF
CEFS
19 hedge funds and large institutions have $15.8M invested in Saba Opportunistically Hedged Closed-End Funds ETF in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
19% more funds holding
Funds holding: 16 → 19 (+3)
4.07% more ownership
Funds ownership: 34.66% → 38.73% (+4.1%)
7% less capital invested
Capital invested by funds: $16.9M → $15.8M (-$1.11M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$2.81M |
| 2 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$2.38M |
| 3 |
Jane Street
New York
|
+$1.84M |
| 4 |
AGM
Alpine Global Management
New York
|
+$1.15M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$558K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$3.96M |
| 2 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
-$1.52M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$207K |
| 4 |
ACM
Adalta Capital Management
New York
|
-$138K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$21K |
CEFS Hedge Fund Activity: Q1 2020 in Review
19 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Saba Opportunistically Hedged Closed-End Funds ETF (CEFS) for Q1 2020, worth a combined $15.8M — down 6.6% from $16.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CEFS positions and 5 closed out — a net gain of 4 holders — while 5 added to existing stakes and 2 trimmed.
The largest buyer was American Portfolios Advisors, opening a new position worth an estimated $2.81M. The largest seller was Citigroup, cutting an estimated $3.96M.
- 19 institutional investors held Saba Opportunistically Hedged Closed-End Funds ETF (CEFS) as of Q1 2020, up from 16 in Q4 2019.
- Funds reported $15.8M of Saba Opportunistically Hedged Closed-End Funds ETF stock for Q1 2020, down 6.6% quarter-over-quarter.
- 9 funds opened new Saba Opportunistically Hedged Closed-End Funds ETF positions in Q1 2020 and 5 closed out, a net change of +4 holders.
- The largest Saba Opportunistically Hedged Closed-End Funds ETF buyer in Q1 2020 was American Portfolios Advisors, an estimated $2.81M added.
- The largest Saba Opportunistically Hedged Closed-End Funds ETF seller in Q1 2020 was Citigroup, an estimated $3.96M sold.
Based on aggregated 13F filings for Q1 2020.