Saba Closed-End Funds ETF
CEFS
36 hedge funds and large institutions have $30.4M invested in Saba Closed-End Funds ETF in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 6 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
6% more funds holding
Funds holding: 34 → 36 (+2)
0.62% more ownership
Funds ownership: 29.63% → 30.24% (+0.62%)
93% less capital invested
Capital invested by funds: $429M → $30.4M (-$398M)
Top Buyers
Top Sellers
CEFS Hedge Fund Activity: Q1 2023 in Review
36 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q1 2023, worth a combined $30.4M — down 93% from $429M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CEFS positions and 6 closed out — a net gain of 2 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.61M. The largest seller was Tidal Investments, cutting an estimated $880K.
- 36 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q1 2023, up from 34 in Q4 2022.
- Funds reported $30.4M of Saba Closed-End Funds ETF stock for Q1 2023, down 93% quarter-over-quarter.
- 8 funds opened new Saba Closed-End Funds ETF positions in Q1 2023 and 6 closed out, a net change of +2 holders.
- The largest Saba Closed-End Funds ETF buyer in Q1 2023 was LPL Financial, an estimated $1.61M added.
- The largest Saba Closed-End Funds ETF seller in Q1 2023 was Tidal Investments, an estimated $880K sold.
Based on aggregated 13F filings for Q1 2023.