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Saba Closed-End Funds ETF

68 hedge funds and large institutions have $72.9M invested in Saba Closed-End Funds ETF in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 32 increasing their positions, 14 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

233% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 3

129% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 14

11% more funds holding

Funds holding: 6168 (+7)

6% more capital invested

Capital invested by funds: $69M → $72.9M (+$3.93M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.88% less ownership

Funds ownership: 32.38%31.5% (-0.88%)

Holders
68
Holders Change
+7
Holders Change %
+11.48%
% of All Funds
0.98%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
10
Increased
32
Reduced
14
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$11.1M +$647K +29,979 +6%
FWM
2
Fortress Wealth Management
California
$7.59M +$305K +14,164 +4%
FIA
3
Foundations Investment Advisors
Arizona
$4.84M +$525K +24,350 +13%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$4.12M +$358K +16,602 +10%
Cetera Investment Advisers
5
Cetera Investment Advisers
Illinois
$3.52M +$242K +11,224 +8%
PCP
6
Proficio Capital Partners
Massachusetts
$2.3M -$2.64M -122,591 -54%
3AM
7
3EDGE Asset Management
Florida
$2.12M -$38.8K -1,797 -2%
TI
8
Tidal Investments
Wisconsin
$1.9M -$112K -5,200 -6%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$1.84M +$164K +7,587 +10%
FM
10
Family Management
New York
$1.81M -$46.8K -2,168 -3%
Osaic Holdings
11
Osaic Holdings
Arizona
$1.52M +$7.29K +338 +0.5%
SC
12
Scotia Capital
Ontario, Canada
$1.52M +$63.6K +2,947 +5%
CPIG
13
Chicago Partners Investment Group
Illinois
$1.43M +$41.4K +1,919 +3%
OC
14
Oppenheimer & Co
New York
$1.38M +$174K +8,045 +15%
RJA
15
Raymond James & Associates
Florida
$1.34M +$351K +16,254 +37%
Wealth Enhancement Advisory Services
16
Wealth Enhancement Advisory Services
Minnesota
$1.3M +$335K +15,517 +36%
RCM
17
Rivernorth Capital Management
Florida
$1.23M -$4.49M -208,210 -79%
Lido Advisors
18
Lido Advisors
California
$1.17M
IWM
19
IHT Wealth Management
Illinois
$1.17M +$22.4K +1,039 +2%
RC
20
Rovin Capital
Arizona
$1.14M -$8.84K -410 -0.8%
LWM
21
Lionsbridge Wealth Management
Florida
$1.05M -$31K -1,437 -3%
NWM
22
Napa Wealth Management
California
$968K +$240K +11,138 +34%
VWA
23
Visionary Wealth Advisors
Illinois
$904K +$877K +40,641 New
AWA
24
Arete Wealth Advisors
Illinois
$844K -$16.8K -780 -2%
TCM
25
Triumph Capital Management
Colorado
$822K +$797K +36,931 New

CEFS Hedge Fund Activity: Q3 2024 in Review

68 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Saba Closed-End Funds ETF (CEFS) for Q3 2024, worth a combined $72.9M — up 5.7% from $69M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new CEFS positions and 3 closed out — a net gain of 7 holders — while 32 added to existing stakes and 14 trimmed.

The largest buyer was Visionary Wealth Advisors, opening a new position worth an estimated $877K. The largest seller was Rivernorth Capital Management, cutting an estimated $4.49M.

  • 68 institutional investors held Saba Closed-End Funds ETF (CEFS) as of Q3 2024, up from 61 in Q2 2024.
  • Funds reported $72.9M of Saba Closed-End Funds ETF stock for Q3 2024, up 5.7% quarter-over-quarter.
  • 10 funds opened new Saba Closed-End Funds ETF positions in Q3 2024 and 3 closed out, a net change of +7 holders.
  • The largest Saba Closed-End Funds ETF buyer in Q3 2024 was Visionary Wealth Advisors, an estimated $877K added.
  • The largest Saba Closed-End Funds ETF seller in Q3 2024 was Rivernorth Capital Management, an estimated $4.49M sold.

Based on aggregated 13F filings for Q3 2024.