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Saba Closed-End Funds ETF

38 hedge funds and large institutions have $34.8M invested in Saba Closed-End Funds ETF in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more capital invested

Capital invested by funds: $30.4M → $34.8M (+$4.46M)

6% more funds holding

Funds holding: 3638 (+2)

0.45% more ownership

Funds ownership: 30.24%30.69% (+0.45%)

14% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 14

Holders
38
Holders Change
+2
Holders Change %
+5.56%
% of All Funds
0.6%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
12
Reduced
14
Closed
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$5.25M +$1.99M +109,768 +63%
Osaic Holdings
2
Osaic Holdings
Arizona
$4.43M +$634K +35,044 +17%
TI
3
Tidal Investments
Wisconsin
$3.82M -$345K -19,077 -8%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$3.14M -$33K -1,825 -1%
Cetera Investment Advisers
5
Cetera Investment Advisers
Illinois
$2.43M -$262K -14,455 -10%
3AM
6
3EDGE Asset Management
Florida
$1.29M +$210K +11,578 +20%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$1.25M -$12.5K -692 -1%
PCP
8
Proficio Capital Partners
Massachusetts
$1.06M +$1.04M +57,710 New
RC
9
Rovin Capital
Arizona
$882K +$47.4K +2,616 +6%
CPIG
10
Chicago Partners Investment Group
Illinois
$877K +$219K +12,118 +35%
CPRC
11
Consolidated Portfolio Review Corp
New York
$851K -$23.2K -1,282 -3%
SC
12
Scotia Capital
Ontario, Canada
$835K -$12.6K -694 -2%
GIA
13
Gladstone Institutional Advisory
Florida
$723K -$129K -7,112 -15%
AWM
14
Avior Wealth Management
Nebraska
$690K +$48.9K +2,704 +8%
OC
15
Oppenheimer & Co
New York
$683K
ACM
16
Adalta Capital Management
New York
$636K +$74.9K +4,136 +14%
AWA
17
Arete Wealth Advisors
Illinois
$591K +$90.5K +5,001 +18%
IWM
18
IHT Wealth Management
Illinois
$548K
RJA
19
Raymond James & Associates
Florida
$526K +$107K +5,903 +26%
KAS
20
Kestra Advisory Services
Texas
$523K +$25.8K +1,425 +5%
NA
21
NewEdge Advisors
Louisiana
$509K +$26.6K +1,469 +6%
AWA
22
Amplius Wealth Advisors
Pennsylvania
$421K +$413K +22,792 New
CL
23
CSS LLC
Illinois
$380K
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$370K -$28.5K -1,576 -7%
CWM
25
Circle Wealth Management
New Jersey
$364K

CEFS Hedge Fund Activity: Q2 2023 in Review

38 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q2 2023, worth a combined $34.8M — up 15% from $30.4M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new CEFS positions and 0 closed out — a net gain of 3 holders — while 12 added to existing stakes and 14 trimmed.

The largest buyer was LPL Financial, adding an estimated $1.99M. The largest seller was Tidal Investments, cutting an estimated $345K.

  • 38 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q2 2023, up from 36 in Q1 2023.
  • Funds reported $34.8M of Saba Closed-End Funds ETF stock for Q2 2023, up 15% quarter-over-quarter.
  • 3 funds opened new Saba Closed-End Funds ETF positions in Q2 2023 and 0 closed out, a net change of +3 holders.
  • The largest Saba Closed-End Funds ETF buyer in Q2 2023 was LPL Financial, an estimated $1.99M added.
  • The largest Saba Closed-End Funds ETF seller in Q2 2023 was Tidal Investments, an estimated $345K sold.

Based on aggregated 13F filings for Q2 2023.