Saba Capital Income & Opportunities Fund II
SABA
128 hedge funds and large institutions have $174M invested in Saba Capital Income & Opportunities Fund II in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 35 reducing their positions, and 14 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 35
1% more capital invested
Capital invested by funds: $172M → $174M (+$2.07M)
0.33% more ownership
Funds ownership: 10.07% → 10.39% (+0.33%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2% less funds holding
Funds holding: 131 → 128 (-3)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.42M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.45M |
| 3 |
Barclays
London,
United Kingdom
|
+$2.39M |
| 4 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
+$1.5M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$922K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.15M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.51M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.47M |
| 4 |
GS
Girard Securities
San Diego,
California
|
-$1.38M |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1M |
SABA Hedge Fund Activity: Q3 2016 in Review
128 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q3 2016, worth a combined $174M — up 1.2% from $172M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SABA and 11 opened new positions — a net loss of 3 holders — while 35 trimmed existing stakes and 39 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $3.42M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $2.15M.
- 128 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q3 2016, down from 131 in Q2 2016.
- Funds reported $174M of Saba Capital Income & Opportunities Fund II stock for Q3 2016, up 1.2% quarter-over-quarter.
- 11 funds opened new Saba Capital Income & Opportunities Fund II positions in Q3 2016 and 14 closed out, a net change of -3 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q3 2016 was Commonwealth Equity Services, an estimated $3.42M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q3 2016 was Raymond James Financial Services Advisors, an estimated $2.15M sold.
Based on aggregated 13F filings for Q3 2016.