Saba Capital Income & Opportunities Fund II
SABA
127 hedge funds and large institutions have $156M invested in Saba Capital Income & Opportunities Fund II in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 31 increasing their positions, 37 reducing their positions, and 8 closing their positions.
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
7% more funds holding
Funds holding: 119 → 127 (+8)
0.38% more ownership
Funds ownership: 7.65% → 8.03% (+0.38%)
4% less capital invested
Capital invested by funds: $163M → $156M (-$7.14M)
16% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$8.49M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.76M |
| 3 |
SG Americas Securities
New York
|
+$1.52M |
| 4 |
EAM
Evanson Asset Management
Carmel,
California
|
+$1.19M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$884K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EHC
Everett Harris & Co
Los Angeles,
California
|
-$2.67M |
| 2 |
BJ
Brouwer & Janachowski
Mill Valley,
California
|
-$1.71M |
| 3 |
B
Baird
Milwaukee,
Wisconsin
|
-$1.68M |
| 4 |
Morgan Stanley
New York
|
-$1.63M |
| 5 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
-$1.46M |
SABA Hedge Fund Activity: Q4 2014 in Review
127 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q4 2014, worth a combined $156M — down 4.4% from $163M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SABA positions and 8 closed out — a net gain of 14 holders — while 31 added to existing stakes and 37 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $8.49M. The largest seller was Everett Harris & Co, cutting an estimated $2.67M.
- 127 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q4 2014, up from 119 in Q3 2014.
- Funds reported $156M of Saba Capital Income & Opportunities Fund II stock for Q4 2014, down 4.4% quarter-over-quarter.
- 22 funds opened new Saba Capital Income & Opportunities Fund II positions in Q4 2014 and 8 closed out, a net change of +14 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q4 2014 was Rivernorth Capital Management, an estimated $8.49M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q4 2014 was Everett Harris & Co, an estimated $2.67M sold.
Based on aggregated 13F filings for Q4 2014.