We are live on ! Find out more
SABA

Saba Capital Income & Opportunities Fund II
SABA

148 hedge funds and large institutions have $220M invested in Saba Capital Income & Opportunities Fund II in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 54 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

38% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 13

0% more funds holding

Funds holding: 148 → 148 (0)

0.96% less ownership

Funds ownership: 16.3% → 15.34% (-0.96%)

18% less capital invested

Capital invested by funds: $268M → $220M (-$47.9M)

28% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 54

Holders
148
Holders Change
–
Holders Change %
0%
% of All Funds
3.26%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
18
Increased
39
Reduced
54
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
SCM
Saba Capital Management
New York
+$7.12M
2
1CP
1607 Capital Partners
Virginia
+$4.69M
3
PPA
Parametric Portfolio Associates
Washington
+$4.3M
4
Wells Fargo
Wells Fargo
California
+$1.48M
5
KWA
KCS Wealth Advisory
California
+$1.36M

Top Sellers

1
RCM
Rivernorth Capital Management
Florida
-$8.5M
2
Millennium Management
Millennium Management
New York
-$6.04M
3
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$4.03M
4
MWM
Maltin Wealth Management
New Jersey
-$2.47M
5
OMC
Old Mission Capital
Illinois
-$2.06M
Name Holding Trade Value Shares
Change 		Change in
Stake
RJFSA
76
Raymond James Financial Services Advisors
Florida
$168K +$17.5K +1,488 +10%
RIG
77
Ramiah Investment Group
Wisconsin
$166K – – –
SPIA
78
Steward Partners Investment Advisory
New York
$164K -$47K -4,000 -21%
OA
79
Oxbow Advisors
Texas
$164K – – –
CWM
80
Cornerstone Wealth Management
Missouri
$162K -$695K -59,170 -80%
SC
81
Scotia Capital
Ontario, Canada
$159K -$146K -12,400 -45%
Truist Financial
82
Truist Financial
North Carolina
$157K -$58.7K -5,000 -25%
BFA
83
Benedict Financial Advisors
Georgia
$151K -$25.7K -2,187 -13%
OC
84
Oarsman Capital
Wisconsin
$151K -$22K -1,875 -12%
GHAM
85
Gilman Hill Asset Management
Connecticut
$134K -$73.4K -6,250 -33%
FCCM
86
First City Capital Management
Georgia
$131K – – –
IAIM
87
International Assets Investment Management
Florida
$122K +$134K +11,391 New
WCG
88
Weaver Consulting Group
California
$116K -$47.4K -4,036 -27%
CAN
89
Cetera Advisor Networks
California
$116K +$247 +21 +0.2%
9WM
90
9258 Wealth Management
Ohio
$115K -$9.54K -812 -7%
SFS
91
Shaker Financial Services
Virginia
$108K +$119K +10,109 New
Mercer Global Advisors
92
Mercer Global Advisors
Colorado
$102K -$20.1K -1,708 -15%
SWP
93
Stratos Wealth Partners
Ohio
$97K -$2.64K -225 -2%
Millennium Management
94
Millennium Management
New York
$91K -$6.04M -514,605 -98%
PNC Financial Services Group
95
PNC Financial Services Group
Pennsylvania
$91K +$6.38K +543 +7%
Jane Street
96
Jane Street
New York
$90K +$98.5K +8,382 New
Creative Planning
97
Creative Planning
Kansas
$84K +$129 +11 +0.1%
FHA
98
Flagship Harbor Advisors
Massachusetts
$78K – – –
ICMP
99
Integrated Capital Management (Pennsylvania)
Pennsylvania
$78K +$6.23K +530 +8%
PHIMC
100
Private Harbour Investment Management & Counsel
Ohio
$77K -$2.94K -250 -3%
2 3
4
5 6

SABA Hedge Fund Activity: Q1 2020 in Review

148 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q1 2020, worth a combined $220M — down 18% from $268M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new SABA positions and 13 closed out — a net gain of 5 holders — while 39 added to existing stakes and 54 trimmed.

The largest buyer was Saba Capital Management, opening a new position worth an estimated $7.12M. The largest seller was Rivernorth Capital Management, cutting an estimated $8.5M.

  • 148 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q1 2020, unchanged from Q4 2019.
  • Funds reported $220M of Saba Capital Income & Opportunities Fund II stock for Q1 2020, down 18% quarter-over-quarter.
  • 18 funds opened new Saba Capital Income & Opportunities Fund II positions in Q1 2020 and 13 closed out, a net change of +5 holders.
  • The largest Saba Capital Income & Opportunities Fund II buyer in Q1 2020 was Saba Capital Management, an estimated $7.12M added.
  • The largest Saba Capital Income & Opportunities Fund II seller in Q1 2020 was Rivernorth Capital Management, an estimated $8.5M sold.

Based on aggregated 13F filings for Q1 2020.