Saba Opportunistically Hedged Closed-End Funds ETF
CEFS
15 hedge funds and large institutions have $14.6M invested in Saba Opportunistically Hedged Closed-End Funds ETF in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 9 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
7% less capital invested
Capital invested by funds: $15.8M → $14.6M (-$1.17M)
8.6% less ownership
Funds ownership: 38.73% → 30.14% (-8.6%)
21% less funds holding
Funds holding: 19 → 15 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$1.64M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$894K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$498K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$392K |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$2.97M |
| 2 |
Jane Street
New York
|
-$1.46M |
| 3 |
AGM
Alpine Global Management
New York
|
-$907K |
| 4 |
ACM
Adalta Capital Management
New York
|
-$743K |
| 5 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$324K |
CEFS Hedge Fund Activity: Q2 2020 in Review
15 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Saba Opportunistically Hedged Closed-End Funds ETF (CEFS) for Q2 2020, worth a combined $14.6M — down 7.4% from $15.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CEFS and 5 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Castle Rock Wealth Management, opening a new position worth an estimated $1.64M. The largest seller was Citigroup, exiting entirely with an estimated $2.97M sold.
- 15 institutional investors held Saba Opportunistically Hedged Closed-End Funds ETF (CEFS) as of Q2 2020, down from 19 in Q1 2020.
- Funds reported $14.6M of Saba Opportunistically Hedged Closed-End Funds ETF stock for Q2 2020, down 7.4% quarter-over-quarter.
- 5 funds opened new Saba Opportunistically Hedged Closed-End Funds ETF positions in Q2 2020 and 9 closed out, a net change of -4 holders.
- The largest Saba Opportunistically Hedged Closed-End Funds ETF buyer in Q2 2020 was Castle Rock Wealth Management, an estimated $1.64M added.
- The largest Saba Opportunistically Hedged Closed-End Funds ETF seller in Q2 2020 was Citigroup, an estimated $2.97M sold.
Based on aggregated 13F filings for Q2 2020.