Saba Capital Income & Opportunities Fund II
SABA
125 hedge funds and large institutions have $147M invested in Saba Capital Income & Opportunities Fund II in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 38 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.25% less ownership
Funds ownership: 8.03% → 7.78% (-0.25%)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
3% less funds holding
Funds holding: 129 → 125 (-4)
5% less capital invested
Capital invested by funds: $155M → $147M (-$8.19M)
11% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$930K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$816K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$733K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$620K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$507K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$2.61M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.65M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.16M |
| 4 |
EHC
Everett Harris & Co
Los Angeles,
California
|
-$858K |
| 5 |
Morgan Stanley
New York
|
-$743K |
SABA Hedge Fund Activity: Q2 2015 in Review
125 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q2 2015, worth a combined $147M — down 5.3% from $155M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SABA and 10 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 34 added.
The largest buyer was Wells Fargo, adding an estimated $930K. The largest seller was Newgate Capital Management, cutting an estimated $2.61M.
- 125 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q2 2015, down from 129 in Q1 2015.
- Funds reported $147M of Saba Capital Income & Opportunities Fund II stock for Q2 2015, down 5.3% quarter-over-quarter.
- 10 funds opened new Saba Capital Income & Opportunities Fund II positions in Q2 2015 and 11 closed out, a net change of -1 holder.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q2 2015 was Wells Fargo, an estimated $930K added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q2 2015 was Newgate Capital Management, an estimated $2.61M sold.
Based on aggregated 13F filings for Q2 2015.