Saba Opportunistically Hedged Closed-End Funds ETF
CEFS
60 hedge funds and large institutions have $61.8M invested in Saba Opportunistically Hedged Closed-End Funds ETF in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 14 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
100% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 14
16% more capital invested
Capital invested by funds: $53.1M → $61.8M (+$8.74M)
13% more funds holding
Funds holding: 53 → 60 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.27% less ownership
Funds ownership: 33.71% → 33.44% (-0.27%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
+$1.3M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$954K |
| 3 |
LPL Financial
San Diego,
California
|
+$925K |
| 4 |
PI
PFG Investments
Woodbury,
New York
|
+$838K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$737K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.85M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.44M |
| 3 |
Morgan Stanley
New York
|
-$887K |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$341K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$144K |
CEFS Hedge Fund Activity: Q1 2024 in Review
60 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Saba Opportunistically Hedged Closed-End Funds ETF (CEFS) for Q1 2024, worth a combined $61.8M — up 16% from $53.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CEFS positions and 3 closed out — a net gain of 7 holders — while 28 added to existing stakes and 14 trimmed.
The largest buyer was Cetera Advisors, opening a new position worth an estimated $1.3M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $1.85M.
- 60 institutional investors held Saba Opportunistically Hedged Closed-End Funds ETF (CEFS) as of Q1 2024, up from 53 in Q4 2023.
- Funds reported $61.8M of Saba Opportunistically Hedged Closed-End Funds ETF stock for Q1 2024, up 16% quarter-over-quarter.
- 10 funds opened new Saba Opportunistically Hedged Closed-End Funds ETF positions in Q1 2024 and 3 closed out, a net change of +7 holders.
- The largest Saba Opportunistically Hedged Closed-End Funds ETF buyer in Q1 2024 was Cetera Advisors, an estimated $1.3M added.
- The largest Saba Opportunistically Hedged Closed-End Funds ETF seller in Q1 2024 was Thomas J. Herzfeld Advisors, an estimated $1.85M sold.
Based on aggregated 13F filings for Q1 2024.