Saba Closed-End Funds ETF
CEFS
42 hedge funds and large institutions have $37M invested in Saba Closed-End Funds ETF in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 8 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
175% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 8
11% more funds holding
Funds holding: 38 → 42 (+4)
6% more capital invested
Capital invested by funds: $34.8M → $37M (+$2.22M)
0.42% less ownership
Funds ownership: 30.69% → 30.27% (-0.42%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$1.31M |
| 2 |
LPL Financial
San Diego,
California
|
+$876K |
| 3 |
Morgan Stanley
New York
|
+$841K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$540K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$526K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$1.27M |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$591K |
| 3 |
ACM
Adalta Capital Management
New York
|
-$126K |
| 4 |
AWM
Avior Wealth Management
Omaha,
Nebraska
|
-$55.2K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$41.8K |
CEFS Hedge Fund Activity: Q3 2023 in Review
42 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q3 2023, worth a combined $37M — up 6.4% from $34.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CEFS positions and 1 closed out — a net gain of 4 holders — while 22 added to existing stakes and 8 trimmed.
The largest buyer was Proficio Capital Partners, adding an estimated $1.31M. The largest seller was Tidal Investments, cutting an estimated $1.27M.
- 42 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q3 2023, up from 38 in Q2 2023.
- Funds reported $37M of Saba Closed-End Funds ETF stock for Q3 2023, up 6.4% quarter-over-quarter.
- 5 funds opened new Saba Closed-End Funds ETF positions in Q3 2023 and 1 closed out, a net change of +4 holders.
- The largest Saba Closed-End Funds ETF buyer in Q3 2023 was Proficio Capital Partners, an estimated $1.31M added.
- The largest Saba Closed-End Funds ETF seller in Q3 2023 was Tidal Investments, an estimated $1.27M sold.
Based on aggregated 13F filings for Q3 2023.