Saba Capital Income & Opportunities Fund II
SABA
140 hedge funds and large institutions have $259M invested in Saba Capital Income & Opportunities Fund II in 2017 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 33 increasing their positions, 40 reducing their positions, and 14 closing their positions.
129% more capital inflows, than outflows
Capital inflows: $29.4M | Capital outflows: $12.8M
129% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 14
15% more funds holding
Funds holding: 122 → 140 (+18)
1.89% more ownership
Funds ownership: 24.77% → 26.66% (+1.9%)
18% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 40
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.06M |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.99M |
| 3 |
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$1.81M |
| 4 |
Landscape Capital Management
Englewood,
New Jersey
|
+$1.44M |
| 5 |
WMG
WESCAP Management Group
Glendale,
California
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Curi RMB Capital
Chicago,
Illinois
|
-$1.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$960K |
| 3 |
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$950K |
| 4 |
CFP
Cornerstone Financial Partners
Huntersville,
North Carolina
|
-$667K |
| 5 |
AE Wealth Management
Topeka,
Kansas
|
-$645K |
SABA Hedge Fund Activity: Q4 2017 in Review
140 of the 4,420 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q4 2017, worth a combined $259M — up 1.7% from $255M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SABA positions and 14 closed out — a net gain of 18 holders — while 33 added to existing stakes and 40 trimmed.
The largest buyer was Wells Fargo, adding an estimated $8.06M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $1.1M sold.
- 140 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q4 2017, up from 122 in Q3 2017.
- Funds reported $259M of Saba Capital Income & Opportunities Fund II stock for Q4 2017, up 1.7% quarter-over-quarter.
- 32 funds opened new Saba Capital Income & Opportunities Fund II positions in Q4 2017 and 14 closed out, a net change of +18 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q4 2017 was Wells Fargo, an estimated $8.06M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q4 2017 was Curi RMB Capital, an estimated $1.1M sold.
Based on aggregated 13F filings for Q4 2017.