We are live on ! Find out more
SABA

Saba Capital Income & Opportunities Fund II
SABA

127 hedge funds and large institutions have $212M invested in Saba Capital Income & Opportunities Fund II in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 44 increasing their positions, 34 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 34

25% more funds holding in top 10

Funds holding in top 10: 4 → 5 (+1)

4% more capital invested

Capital invested by funds: $204M → $212M (+$8.17M)

0.29% more ownership

Funds ownership: 11.47% → 11.76% (+0.29%)

3% less funds holding

Funds holding: 131 → 127 (-4)

17% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 12

Holders
127
Holders Change
-4
Holders Change %
-3.05%
% of All Funds
3.17%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.12%
New
10
Increased
44
Reduced
34
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
NSIM
North Star Investment Management
Illinois
+$4.52M
2
Morgan Stanley
Morgan Stanley
New York
+$3.34M
3
GS
Girard Securities
California
+$2.93M
4
FIMG
Financial & Investment Management Group
Michigan
+$2.75M
5
WMG
WESCAP Management Group
California
+$2.59M

Top Sellers

1
FIM
Frontier Investment Management
Texas
-$3.18M
2
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$2.22M
3
SFS
Shaker Financial Services
Virginia
-$2.13M
4
CRC
Curi RMB Capital
Illinois
-$1.95M
5
RCM
Rivernorth Capital Management
Florida
-$1.89M
Name Holding Trade Value Shares
Change 		Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$24.9M -$1.89M -141,949 -7%
Wells Fargo
2
Wells Fargo
California
$13.3M +$1.83M +137,876 +16%
Morgan Stanley
3
Morgan Stanley
New York
$12.5M +$3.34M +251,033 +37%
PMG
4
Private Management Group
California
$12.1M -$206K -15,445 -2%
Invesco
5
Invesco
Georgia
$10.4M +$387K +29,066 +4%
FIM
6
Frontier Investment Management
Texas
$10.4M -$3.18M -238,676 -24%
CFP
7
Cornerstone Financial Partners
North Carolina
$8.19M -$951K -71,428 -10%
EAM
8
Evanson Asset Management
California
$7.38M +$8.17K +614 +0.1%
FIMG
9
Financial & Investment Management Group
Michigan
$7.15M +$2.75M +206,437 +63%
KLI
10
Kelman-Lazarov Inc
Tennessee
$7M +$149K +11,219 +2%
PHS
11
Pekin Hardy Strauss
Illinois
$6.78M +$168K +12,600 +3%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$5.75M -$2.22M -166,683 -28%
Bank of America
13
Bank of America
North Carolina
$4.87M +$660K +49,595 +16%
GS
14
Girard Securities
California
$4.59M +$2.93M +220,486 +182%
NSIM
15
North Star Investment Management
Illinois
$4.56M +$4.52M +339,409 New
RCM
16
RB Capital Management
Nevada
$4.4M +$125K +9,387 +3%
1CP
17
1607 Capital Partners
Virginia
$4.32M -$192K -14,450 -4%
WCM
18
Windsor Capital Management
Arizona
$4.02M -$56.3K -4,231 -1%
JFA
19
JNBA Financial Advisors
Minnesota
$3.73M +$254K +19,113 +7%
Barclays
20
Barclays
United Kingdom
$3.63M – – –
Ameriprise
21
Ameriprise
Minnesota
$3.26M +$138K +10,363 +4%
HighTower Advisors
22
HighTower Advisors
Illinois
$3.21M +$206K +15,446 +7%
UBS Group
23
UBS Group
Switzerland
$3.02M +$303K +22,767 +11%
WMG
24
WESCAP Management Group
California
$2.7M +$2.59M +194,773 +3,056%
Thrivent Financial for Lutherans
25
Thrivent Financial for Lutherans
Minnesota
$2.68M +$278K +20,915 +12%
1
2 3 4 5

SABA Hedge Fund Activity: Q2 2017 in Review

127 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q2 2017, worth a combined $212M — up 4% from $204M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of SABA and 10 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 44 added.

The largest buyer was North Star Investment Management, opening a new position worth an estimated $4.52M. The largest seller was Frontier Investment Management, cutting an estimated $3.18M.

  • 127 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q2 2017, down from 131 in Q1 2017.
  • Funds reported $212M of Saba Capital Income & Opportunities Fund II stock for Q2 2017, up 4% quarter-over-quarter.
  • 10 funds opened new Saba Capital Income & Opportunities Fund II positions in Q2 2017 and 12 closed out, a net change of -2 holders.
  • The largest Saba Capital Income & Opportunities Fund II buyer in Q2 2017 was North Star Investment Management, an estimated $4.52M added.
  • The largest Saba Capital Income & Opportunities Fund II seller in Q2 2017 was Frontier Investment Management, an estimated $3.18M sold.

Based on aggregated 13F filings for Q2 2017.