Saba Capital Income & Opportunities Fund II
SABA
74 hedge funds and large institutions have $134M invested in Saba Capital Income & Opportunities Fund II in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 12 closing their positions.
3.22% more ownership
Funds ownership: 50.08% → 53.3% (+3.2%)
5% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 19
3% more capital invested
Capital invested by funds: $130M → $134M (+$4.16M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 78 → 74 (-4)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
+$3.12M |
| 2 |
SMA
Seven Mile Advisory
Ewing,
New Jersey
|
+$2.25M |
| 3 |
TI
TrueMark Investments
Chicago,
Illinois
|
+$1.92M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$1.91M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.25M |
| 2 |
HC
Hara Capital
Bellevue,
Washington
|
-$1.03M |
| 3 |
Morgan Stanley
New York
|
-$694K |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$508K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$348K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$271K | -29,468 | Closed |
|
77
Walleye Capital
New York
| – | -$230K | -25,011 | Closed |
|
78
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$205K | -22,314 | Closed |
|
|
LNWWM
79
Laird Norton Wetherby Wealth Management
San Francisco,
California
| – | -$195K | -21,197 | Closed |
|
80
Millennium Management
New York
| – | -$152K | -16,591 | Closed |
|
|
AIA
81
Absolute Investment Advisers
Rosemary Beach,
Florida
| – | -$126K | -13,742 | Closed |
|
82
BlackRock
New York
| – | -$120K | -13,067 | Closed |
|
83
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$118K | -12,793 | Closed |
|
|
CPIG
84
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$96.1K | -10,355 | Closed |
|
|
NCM
85
Northwest Capital Management
Lake Oswego,
Oregon
| – | -$17.3K | -1,880 | Closed |
|
|
GWM
86
Geneos Wealth Management
Englewood,
Colorado
| – | -$6.79K | -739 | Closed |
|
SABA Hedge Fund Activity: Q3 2025 in Review
74 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q3 2025, worth a combined $134M — up 3.2% from $130M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SABA and 9 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 20 added.
The largest buyer was Gridiron Partners, adding an estimated $3.12M. The largest seller was Saba Capital Management, cutting an estimated $1.25M.
- 74 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q3 2025, down from 78 in Q2 2025.
- Funds reported $134M of Saba Capital Income & Opportunities Fund II stock for Q3 2025, up 3.2% quarter-over-quarter.
- 9 funds opened new Saba Capital Income & Opportunities Fund II positions in Q3 2025 and 12 closed out, a net change of -3 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q3 2025 was Gridiron Partners, an estimated $3.12M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q3 2025 was Saba Capital Management, an estimated $1.25M sold.
Based on aggregated 13F filings for Q3 2025.