We are live on ! Find out more
SABA

Saba Capital Income & Opportunities Fund II
SABA

127 hedge funds and large institutions have $248M invested in Saba Capital Income & Opportunities Fund II in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 39 increasing their positions, 35 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more capital invested

Capital invested by funds: $172M → $248M (+$75.8M)

11% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 35

0.32% more ownership

Funds ownership: 10.07% → 10.39% (+0.32%)

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

3% less funds holding

Funds holding: 131 → 127 (-4)

29% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 14

Holders
127
Holders Change
-4
Holders Change %
-3.05%
% of All Funds
3.39%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.11%
New
10
Increased
39
Reduced
35
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$3.42M
2
RCM
Rivernorth Capital Management
Florida
+$2.45M
3
Barclays
Barclays
United Kingdom
+$2.39M
4
NHFG
New Harbor Financial Group
Massachusetts
+$1.5M
5
RJA
Raymond James & Associates
Florida
+$922K

Top Sellers

1
RJFSA
Raymond James Financial Services Advisors
Florida
-$2.15M
2
LPL Financial
LPL Financial
California
-$1.51M
3
UBS Group
UBS Group
Switzerland
-$1.47M
4
GS
Girard Securities
California
-$1.38M
5
FIMG
Financial & Investment Management Group
Michigan
-$1M
Name Holding Trade Value Shares
Change 		Change in
Stake
RJT
76
Raymond James Trust
Florida
$130K +$2.55K +200 +2%
Millennium Management
77
Millennium Management
New York
$130K +$133K +10,383 New
AA
78
AQR Arbitrage
Connecticut
$127K -$375K -29,385 -74%
IAMOG
79
Investors Asset Management of Georgia
Georgia
$125K -$25.5K -2,000 -17%
TC
80
Telemus Capital
Michigan
$121K +$124K +9,688 New
MFS
81
MSI Financial Services
Massachusetts
$115K +$15.6K +1,221 +15%
CWM
82
Cornerstone Wealth Management
Missouri
$103K +$106K +8,270 New
HCIA
83
Hochman Cole Investment Advisors
Illinois
$99K +$102K +7,950 New
CWM
84
Concert Wealth Management
California
$97K +$5.08K +398 +5%
WP
85
WealthSource Partners
California
$94K +$95.8K +7,500 New
IWMPD
86
Integrated Wealth Management (Palm Desert)
California
$89K – – –
ICOA
87
Investment Centers of America
North Dakota
$87K +$7.24K +567 +9%
WMG
88
WESCAP Management Group
California
$80K -$10.4K -817 -11%
OIM
89
Orca Investment Management
Oregon
$79K – – –
NFG
90
Next Financial Group
Texas
$79K +$16.2K +1,272 +25%
Creative Planning
91
Creative Planning
Kansas
$78K -$30.9K -2,419 -28%
GHAM
92
Gilman Hill Asset Management
Connecticut
$78K – – –
US Bancorp
93
US Bancorp
Minnesota
$78K +$14K +1,100 +22%
MIC
94
Meridian Investment Counsel
California
$72K – – –
CCM
95
Cribstone Capital Management
Maine
$67K – – –
SIG
96
Stanford Investment Group
California
$63K – – –
FPCG
97
Fort Pitt Capital Group
Pennsylvania
$62K – – –
AF
98
Allworth Financial
California
$61K – – –
NMC
99
Nine Masts Capital
Hong Kong
$41K -$190K -14,910 -82%
ClearBridge Investments
100
ClearBridge Investments
New York
$31K – – –
2 3
4
5 6

SABA Hedge Fund Activity: Q3 2016 in Review

127 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q3 2016, worth a combined $248M — up 44% from $172M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of SABA and 10 opened new positions — a net loss of 4 holders — while 35 trimmed existing stakes and 39 added.

The largest buyer was Commonwealth Equity Services, adding an estimated $3.42M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $2.15M.

  • 127 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q3 2016, down from 131 in Q2 2016.
  • Funds reported $248M of Saba Capital Income & Opportunities Fund II stock for Q3 2016, up 44% quarter-over-quarter.
  • 10 funds opened new Saba Capital Income & Opportunities Fund II positions in Q3 2016 and 14 closed out, a net change of -4 holders.
  • The largest Saba Capital Income & Opportunities Fund II buyer in Q3 2016 was Commonwealth Equity Services, an estimated $3.42M added.
  • The largest Saba Capital Income & Opportunities Fund II seller in Q3 2016 was Raymond James Financial Services Advisors, an estimated $2.15M sold.

Based on aggregated 13F filings for Q3 2016.