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SABA

Saba Capital Income & Opportunities Fund II

140 hedge funds and large institutions have $259M invested in Saba Capital Income & Opportunities Fund II in 2017 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 33 increasing their positions, 40 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 14

15% more funds holding

Funds holding: 122140 (+18)

3% more capital invested

Capital invested by funds: $250M → $259M (+$8.69M)

0.95% more ownership

Funds ownership: 12.38%13.33% (+0.95%)

18% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 40

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
140
Holders Change
+18
Holders Change %
+14.75%
% of All Funds
3.18%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
32
Increased
33
Reduced
40
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Thrivent Financial for Lutherans
26
Thrivent Financial for Lutherans
Minnesota
$2.57M -$17.8K -1,350 -0.7%
FIMG
27
Financial & Investment Management Group
Michigan
$2.34M +$215K +16,378 +10%
GAM
28
Gould Asset Management
California
$2.33M +$84.1K +6,395 +4%
TFF
29
The Family Firm
Maryland
$1.79M +$205K +15,600 +13%
HSA
30
HBK Sorce Advisory
Pennsylvania
$1.78M +$1.81M +137,939 New
UBS Group
31
UBS Group
Switzerland
$1.74M -$960K -72,941 -35%
LNB
32
Ledyard National Bank
$1.45M +$493K +37,500 +50%
Geode Capital Management
33
Geode Capital Management
Massachusetts
$1.45M +$1.01M +76,845 +219%
PPA
34
Parametric Portfolio Associates
Washington
$1.25M -$10.2K -776 -0.8%
SC
35
Scotia Capital
Ontario, Canada
$1.24M +$31.6K +2,400 +3%
LTFS
36
Ladenburg Thalmann Financial Services
Florida
$1.18M +$429K +32,637 +56%
6M
37
6 Meridian
Kansas
$1.15M +$1.17M +88,855 New
MC
38
Matisse Capital
Oregon
$996K -$173K -13,183 -15%
EHC
39
Everett Harris & Co
California
$979K -$65K -4,942 -6%
VCM
40
Vivaldi Capital Management
Illinois
$914K +$931K +70,763 New
ECM
41
Elgethun Capital Management
South Dakota
$835K -$39.2K -2,978 -4%
HFS
42
HL Financial Services
Kentucky
$821K -$88.7K -6,739 -10%
AWA
43
Arete Wealth Advisors
Illinois
$789K +$21.4K +1,624 +3%
GIP
44
Greatmark Investment Partners
Georgia
$761K -$43.7K -3,318 -5%
Susquehanna International Group
45
Susquehanna International Group
Pennsylvania
$691K +$704K +53,477 New
Stifel Financial
46
Stifel Financial
Missouri
$683K +$98.6K +7,491 +17%
CIBC Private Wealth Group
47
CIBC Private Wealth Group
Georgia
$681K +$378K +28,718 +120%
Royal Bank of Canada
48
Royal Bank of Canada
Ontario, Canada
$671K -$85.8K -6,519 -11%
SJIC
49
St. James Investment Company
Texas
$585K +$5.22K +397 +0.9%
RPA
50
Rock Point Advisors
Vermont
$544K -$2.96K -225 -0.5%

SABA Hedge Fund Activity: Q4 2017 in Review

140 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q4 2017, worth a combined $259M — up 3.5% from $250M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new SABA positions and 14 closed out — a net gain of 18 holders — while 33 added to existing stakes and 40 trimmed.

The largest buyer was Wells Fargo, adding an estimated $8.06M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $1.1M sold.

  • 140 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q4 2017, up from 122 in Q3 2017.
  • Funds reported $259M of Saba Capital Income & Opportunities Fund II stock for Q4 2017, up 3.5% quarter-over-quarter.
  • 32 funds opened new Saba Capital Income & Opportunities Fund II positions in Q4 2017 and 14 closed out, a net change of +18 holders.
  • The largest Saba Capital Income & Opportunities Fund II buyer in Q4 2017 was Wells Fargo, an estimated $8.06M added.
  • The largest Saba Capital Income & Opportunities Fund II seller in Q4 2017 was Curi RMB Capital, an estimated $1.1M sold.

Based on aggregated 13F filings for Q4 2017.