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SABA

Saba Capital Income & Opportunities Fund II

122 hedge funds and large institutions have $134M invested in Saba Capital Income & Opportunities Fund II in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 39 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.42% more ownership

Funds ownership: 7.78%8.2% (+0.42%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

2% less funds holding

Funds holding: 125122 (-3)

8% less capital invested

Capital invested by funds: $147M → $134M (-$12.2M)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

28% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 39

Holders
122
Holders Change
-3
Holders Change %
-2.4%
% of All Funds
3.41%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
9
Increased
28
Reduced
39
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
101
Envestnet Asset Management
Illinois
$20K +$21.9K +1,674 New
Deutsche Bank
102
Deutsche Bank
Germany
$16K
TFA
103
Transamerica Financial Advisors
Florida
$14K -$9.79K -748 -39%
CFG
104
CKW Financial Group
Hawaii
$14K
FIB
105
First Interstate Bank
Montana
$14K +$15.2K +1,161 New
APSP
106
Asset Planning Services (Pennsylvania)
Pennsylvania
$13K +$170 +13 +1%
Citigroup
107
Citigroup
New York
$8K
TSW
108
Thompson Siegel & Walmsley
Virginia
$8K
VNA
109
Valley National Advisers
Pennsylvania
$8K
DOA
110
D'Orazio & Associates
Virginia
$7K
GWM
111
Gupta Wealth Management
California
$6K -$2.62K -200 -29%
RFA
112
Reilly Financial Advisors
California
$6K
EWM
113
Endurance Wealth Management
Rhode Island
$5K
HCM
114
Horrell Capital Management
Arkansas
$5K
WTB
115
Washington Trust Bank
Washington
$5K
ACS
116
Archford Capital Strategies
Illinois
$4K
DAM
117
Delta Asset Management
Tennessee
$4K
DSC
118
Duncker Streett & Co
Missouri
$4K
PG
119
Patten Group
Tennessee
$3.65K
TC
120
Trust Company
Kansas
$3K
NSIM
121
North Star Investment Management
Illinois
$2K
SJIC
122
St. James Investment Company
Texas
-$780K -55,480 Closed
Goldman Sachs
123
Goldman Sachs
New York
-$252K -17,926 Closed
Northern Trust
124
Northern Trust
Illinois
-$2K -14,375 Closed
FCCM
125
First City Capital Management
Georgia
-$188K -13,388 Closed

SABA Hedge Fund Activity: Q3 2015 in Review

122 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q3 2015, worth a combined $134M — down 8.3% from $147M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of SABA and 9 opened new positions — a net loss of 1 holder — while 39 trimmed existing stakes and 28 added.

The largest buyer was Private Management Group, adding an estimated $11.1M. The largest seller was Morgan Stanley, cutting an estimated $3.72M.

  • 122 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q3 2015, down from 125 in Q2 2015.
  • Funds reported $134M of Saba Capital Income & Opportunities Fund II stock for Q3 2015, down 8.3% quarter-over-quarter.
  • 9 funds opened new Saba Capital Income & Opportunities Fund II positions in Q3 2015 and 10 closed out, a net change of -1 holder.
  • The largest Saba Capital Income & Opportunities Fund II buyer in Q3 2015 was Private Management Group, an estimated $11.1M added.
  • The largest Saba Capital Income & Opportunities Fund II seller in Q3 2015 was Morgan Stanley, an estimated $3.72M sold.

Based on aggregated 13F filings for Q3 2015.