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Saba Closed-End Funds ETF
CEFS

16 hedge funds and large institutions have $17.3M invested in Saba Closed-End Funds ETF in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

300% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 2

14% more funds holding

Funds holding: 14 → 16 (+2)

10% more capital invested

Capital invested by funds: $15.7M → $17.3M (+$1.63M)

0.13% less ownership

Funds ownership: 30.02% → 29.89% (-0.13%)

Holders
16
Holders Change
+2
Holders Change %
+14.29%
% of All Funds
0.28%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
8
Reduced
2
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$1.1M
2
HighTower Advisors
HighTower Advisors
Illinois
+$412K
3
SC
Scotia Capital
Ontario, Canada
+$324K
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$239K
5
RJFSA
Raymond James Financial Services Advisors
Florida
+$227K

Top Sellers

1
Osaic Holdings
Osaic Holdings
Arizona
-$734K
2
TI
Tidal Investments
Wisconsin
-$542K
3
UBS Group
UBS Group
Switzerland
-$2K
Name Holding Trade Value Shares
Change 		Change in
Stake
TI
1
Tidal Investments
Wisconsin
$3.59M -$542K -28,408 -13%
APA
2
American Portfolios Advisors
New York
$3.09M +$163K +8,544 +6%
CRWM
3
Castle Rock Wealth Management
California
$2.11M +$45.7K +2,396 +2%
SC
4
Scotia Capital
Ontario, Canada
$1.44M +$324K +16,954 +30%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$1.39M +$239K +12,513 +21%
Osaic Holdings
6
Osaic Holdings
Arizona
$1.21M -$734K -38,477 -38%
Cetera Investment Advisers
7
Cetera Investment Advisers
Illinois
$1.12M +$1.1M +57,420 New
WS
8
Wedbush Securities
California
$983K +$137K +7,199 +17%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$704K +$227K +11,912 +49%
HighTower Advisors
10
HighTower Advisors
Illinois
$421K +$412K +21,604 New
CL
11
CSS LLC
Illinois
$393K – – –
AW
12
ACG Wealth
Georgia
$284K +$22.8K +1,195 +9%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$252K +$30.3K +1,585 +14%
ACM
14
Adalta Capital Management
New York
$249K – – –
SPIA
15
Steward Partners Investment Advisory
New York
$56K +$55.1K +2,887 New
Morgan Stanley
16
Morgan Stanley
New York
$10K +$9.54K +500 New
UBS Group
17
UBS Group
Switzerland
– -$2K -96 Closed

CEFS Hedge Fund Activity: Q4 2020 in Review

16 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q4 2020, worth a combined $17.3M — up 10% from $15.7M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new CEFS positions and 1 closed out — a net gain of 3 holders — while 8 added to existing stakes and 2 trimmed.

The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $1.1M. The largest seller was Osaic Holdings, cutting an estimated $734K.

  • 16 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q4 2020, up from 14 in Q3 2020.
  • Funds reported $17.3M of Saba Closed-End Funds ETF stock for Q4 2020, up 10% quarter-over-quarter.
  • 4 funds opened new Saba Closed-End Funds ETF positions in Q4 2020 and 1 closed out, a net change of +3 holders.
  • The largest Saba Closed-End Funds ETF buyer in Q4 2020 was Cetera Investment Advisers, an estimated $1.1M added.
  • The largest Saba Closed-End Funds ETF seller in Q4 2020 was Osaic Holdings, an estimated $734K sold.

Based on aggregated 13F filings for Q4 2020.