Saba Capital Income & Opportunities Fund II
SABA
129 hedge funds and large institutions have $197M invested in Saba Capital Income & Opportunities Fund II in 2016 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 42 increasing their positions, 31 reducing their positions, and 18 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
35% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 31
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
13% more capital invested
Capital invested by funds: $174M → $197M (+$22.6M)
0.93% more ownership
Funds ownership: 10.39% → 11.33% (+0.93%)
1% more funds holding
Funds holding: 128 → 129 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$3.74M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$3.3M |
| 3 |
CFP
Cornerstone Financial Partners
Huntersville,
North Carolina
|
+$2.95M |
| 4 |
LCM
Laurion Capital Management
New York
|
+$2.36M |
| 5 |
JFA
JNBA Financial Advisors
Bloomington,
Minnesota
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$2.33M |
| 2 |
BFM
Boston Financial Management
Boston,
Massachusetts
|
-$1.54M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.53M |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.08M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$724K |
SABA Hedge Fund Activity: Q4 2016 in Review
129 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q4 2016, worth a combined $197M — up 13% from $174M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new SABA positions and 18 closed out — a net gain of 3 holders — while 42 added to existing stakes and 31 trimmed.
The largest buyer was Frontier Investment Management, adding an estimated $3.74M. The largest seller was Barclays, exiting entirely with an estimated $2.33M sold.
- 129 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q4 2016, up from 128 in Q3 2016.
- Funds reported $197M of Saba Capital Income & Opportunities Fund II stock for Q4 2016, up 13% quarter-over-quarter.
- 21 funds opened new Saba Capital Income & Opportunities Fund II positions in Q4 2016 and 18 closed out, a net change of +3 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q4 2016 was Frontier Investment Management, an estimated $3.74M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q4 2016 was Barclays, an estimated $2.33M sold.
Based on aggregated 13F filings for Q4 2016.