Saba Capital Income & Opportunities Fund II
SABA
131 hedge funds and large institutions have $249M invested in Saba Capital Income & Opportunities Fund II in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 38 increasing their positions, 36 reducing their positions, and 11 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 36
0.08% more ownership
Funds ownership: 15.03% → 15.11% (+0.08%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less funds holding
Funds holding: 132 → 131 (-1)
3% less capital invested
Capital invested by funds: $256M → $249M (-$7.45M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.82M |
| 2 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$1.8M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.46M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.03M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$594K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$7.21M |
| 2 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$886K |
| 3 |
JFA
JNBA Financial Advisors
Bloomington,
Minnesota
|
-$694K |
| 4 |
KLI
Kelman-Lazarov Inc
Memphis,
Tennessee
|
-$676K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$412K |
SABA Hedge Fund Activity: Q3 2019 in Review
131 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q3 2019, worth a combined $249M — down 2.9% from $256M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SABA and 10 opened new positions — a net loss of 1 holder — while 36 trimmed existing stakes and 38 added.
The largest buyer was Ameriprise, adding an estimated $4.82M. The largest seller was Wells Fargo, cutting an estimated $7.21M.
- 131 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q3 2019, down from 132 in Q2 2019.
- Funds reported $249M of Saba Capital Income & Opportunities Fund II stock for Q3 2019, down 2.9% quarter-over-quarter.
- 10 funds opened new Saba Capital Income & Opportunities Fund II positions in Q3 2019 and 11 closed out, a net change of -1 holder.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q3 2019 was Ameriprise, an estimated $4.82M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q3 2019 was Wells Fargo, an estimated $7.21M sold.
Based on aggregated 13F filings for Q3 2019.