Saba Capital Income & Opportunities Fund II
SABA
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.
0.42% more ownership
Funds ownership: 7.78% → 8.2% (+0.42%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less funds holding
Funds holding: 125 → 122 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
+$11.1M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.84M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.25M |
| 4 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
+$1.11M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$839K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.72M |
| 2 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$1.41M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.07M |
| 4 |
SJIC
St. James Investment Company
Southlake,
Texas
|
-$780K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$669K |
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.