Saba Capital Income & Opportunities Fund II
SABA
130 hedge funds and large institutions have $170M invested in Saba Capital Income & Opportunities Fund II in 2015 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 32 increasing their positions, 41 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
26% more capital invested
Capital invested by funds: $134M → $170M (+$35.6M)
7% more funds holding
Funds holding: 122 → 130 (+8)
1.78% more ownership
Funds ownership: 8.2% → 9.98% (+1.8%)
22% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 41
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6K
Top Buyers
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.94M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.88M |
| 3 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$4.01M |
| 4 |
AssetMark Inc
Concord,
California
|
+$3.58M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.18M |
Top Sellers
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$2.53M |
| 2 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
-$1.52M |
| 3 |
Morgan Stanley
New York
|
-$1.32M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$527K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$479K |
SABA Hedge Fund Activity: Q4 2015 in Review
130 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q4 2015, worth a combined $170M — up 26% from $134M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SABA positions and 11 closed out — a net gain of 9 holders — while 32 added to existing stakes and 41 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.94M. The largest seller was Doliver Advisors, cutting an estimated $2.53M.
- 130 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q4 2015, up from 122 in Q3 2015.
- Funds reported $170M of Saba Capital Income & Opportunities Fund II stock for Q4 2015, up 26% quarter-over-quarter.
- 20 funds opened new Saba Capital Income & Opportunities Fund II positions in Q4 2015 and 11 closed out, a net change of +9 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q4 2015 was Rivernorth Capital Management, an estimated $4.94M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q4 2015 was Doliver Advisors, an estimated $2.53M sold.
Based on aggregated 13F filings for Q4 2015.