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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
HCIA
51
Hochman Cole Investment Advisors
Illinois
$519K +$43.3K +3,289 +9%
MHIC
52
Marble Harbor Investment Counsel
Massachusetts
$474K
DA
53
Doliver Advisors
Texas
$462K -$42.8K -3,255 -8%
SMC
54
Smith, Moore & Co
Missouri
$453K -$17.3K -1,318 -4%
TW
55
Transform Wealth
Colorado
$443K
OC
56
Oarsman Capital
Wisconsin
$404K +$5.57K +423 +1%
SFS
57
Shaker Financial Services
Virginia
$396K -$476K -36,180 -54%
PNC Financial Services Group
58
PNC Financial Services Group
Pennsylvania
$362K -$5.38K -409 -1%
KWA
59
KCS Wealth Advisory
California
$349K +$355K +26,993 New
HL
60
HeadInvest LLC
Maine
$342K
WCM
61
Whitener Capital Management
North Carolina
$327K +$333K +25,330 New
WKWM
62
Walter & Keenan Wealth Management
Indiana
$326K
SRC
63
Shufro Rose & Co
New York
$300K +$306K +23,250 New
Millennium Management
64
Millennium Management
New York
$293K -$86K -6,537 -22%
BFA
65
Benedict Financial Advisors
Georgia
$290K -$12.1K -919 -4%
SPIA
66
Steward Partners Investment Advisory
New York
$285K -$4.93K -375 -2%
LPL Financial
67
LPL Financial
California
$271K +$276K +20,953 New
APSP
68
Asset Planning Services (Pennsylvania)
Pennsylvania
$268K +$4.32K +328 +2%
LSAG
69
Lake Street Advisors Group
New Hampshire
$265K +$270K +20,499 New
IA
70
IFP Advisors
Florida
$259K -$30.8K -2,337 -10%
WAM
71
Weiss Asset Management
Massachusetts
$253K +$257K +19,545 New
M&T Bank
72
M&T Bank
New York
$243K
RJFSA
73
Raymond James Financial Services Advisors
Florida
$237K +$34.5K +2,624 +17%
AG
74
Advisor Group
Arizona
$215K +$59.7K +4,539 +37%
Baird Financial Group
75
Baird Financial Group
Wisconsin
$196K -$135K -10,265 -40%

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.