Saba Capital Income & Opportunities Fund II
SABA
129 hedge funds and large institutions have $155M invested in Saba Capital Income & Opportunities Fund II in 2015 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 25 increasing their positions, 41 reducing their positions, and 15 closing their positions.
20% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 15
2% more funds holding
Funds holding: 127 → 129 (+2)
0% more ownership
Funds ownership: 8.03% → 8.03% (+0%)
1% less capital invested
Capital invested by funds: $156M → $155M (-$1.13M)
39% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 41
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$7.06M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$5.37M |
| 3 |
LPL Financial
San Diego,
California
|
+$919K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$792K |
| 5 |
SJIC
St. James Investment Company
Southlake,
Texas
|
+$785K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWS
Aris Wealth Services
State College,
Pennsylvania
|
-$2.16M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.97M |
| 3 |
EHC
Everett Harris & Co
Los Angeles,
California
|
-$1.96M |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.67M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.61M |
SABA Hedge Fund Activity: Q1 2015 in Review
129 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q1 2015, worth a combined $155M — down 0.72% from $156M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SABA positions and 15 closed out — a net gain of 3 holders — while 25 added to existing stakes and 41 trimmed.
The largest buyer was Frontier Investment Management, opening a new position worth an estimated $7.06M. The largest seller was Aris Wealth Services, exiting entirely with an estimated $2.16M sold.
- 129 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q1 2015, up from 127 in Q4 2014.
- Funds reported $155M of Saba Capital Income & Opportunities Fund II stock for Q1 2015, down 0.72% quarter-over-quarter.
- 18 funds opened new Saba Capital Income & Opportunities Fund II positions in Q1 2015 and 15 closed out, a net change of +3 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q1 2015 was Frontier Investment Management, an estimated $7.06M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q1 2015 was Aris Wealth Services, an estimated $2.16M sold.
Based on aggregated 13F filings for Q1 2015.