Saba Capital Income & Opportunities Fund II
SABA
97 hedge funds and large institutions have $275M invested in Saba Capital Income & Opportunities Fund II in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 14 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
2% more capital invested
Capital invested by funds: $268M → $275M (+$6.41M)
0.24% more ownership
Funds ownership: 30.18% → 30.41% (+0.24%)
4% less funds holding
Funds holding: 101 → 97 (-4)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
Top Sellers
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$4.77M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.79M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$928K |
| 4 |
Morgan Stanley
New York
|
-$924K |
| 5 |
AW
Avion Wealth
The Woodlands,
Texas
|
-$351K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$177K | -20,489 | Closed |
|
|
EC
102
Elequin Capital
New York
| – | -$146K | -16,885 | Closed |
|
|
PAS
103
Park Avenue Securities
New York
| – | -$72K | -8,345 | Closed |
|
104
Citadel Advisors
Miami,
Florida
| – | -$69.2K | -7,994 | Closed |
|
|
VF
105
Virtu Financial
New York
| – | -$44K | -5,086 | Closed |
|
|
IA
106
IFP Advisors
Tampa,
Florida
| – | -$15K | -1,077 | Closed |
|
107
Rockefeller Capital Management
New York
| – | -$9K | -1,042 | Closed |
|
|
CAS
108
Coppell Advisory Solutions
Coppell,
Texas
| – | -$7.15K | -826 | Closed |
|
|
CASC
109
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$7.15K | -826 | Closed |
|
110
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -134 | Closed |
|
|
TRCT
111
Tower Research Capital (TRC)
New York
| – | +$208 | +24 | +185% |
|
SABA Hedge Fund Activity: Q1 2023 in Review
97 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q1 2023, worth a combined $275M — up 2.4% from $268M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SABA and 12 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 28 added.
The largest buyer was Icon Advisers, adding an estimated $7.44M. The largest seller was Bulldog Investors, exiting entirely with an estimated $4.77M sold.
- 97 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q1 2023, down from 101 in Q4 2022.
- Funds reported $275M of Saba Capital Income & Opportunities Fund II stock for Q1 2023, up 2.4% quarter-over-quarter.
- 12 funds opened new Saba Capital Income & Opportunities Fund II positions in Q1 2023 and 14 closed out, a net change of -2 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q1 2023 was Icon Advisers, an estimated $7.44M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q1 2023 was Bulldog Investors, an estimated $4.77M sold.
Based on aggregated 13F filings for Q1 2023.