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SABA

Saba Capital Income & Opportunities Fund II

131 hedge funds and large institutions have $215M 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.

New
Increased
Maintained
Reduced
Closed

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: 44 (0)

1% less funds holding

Funds holding: 132131 (-1)

3% less capital invested

Capital invested by funds: $222M → $215M (-$6.45M)

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

Holders
131
Holders Change
-1
Holders Change %
-0.76%
% of All Funds
2.87%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
10
Increased
38
Reduced
36
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FIM
1
Frontier Investment Management
Texas
$21.5M +$1.8M +143,896 +9%
ECM
2
Evergreen Capital Management
Washington
$19.1M -$886K -70,686 -4%
PHS
3
Pekin Hardy Strauss
Illinois
$12.6M -$250K -19,915 -2%
Wells Fargo
4
Wells Fargo
California
$12.5M -$7.21M -575,302 -36%
Invesco
5
Invesco
Georgia
$11M -$331K -26,411 -3%
Ameriprise
6
Ameriprise
Minnesota
$9.43M +$4.82M +384,630 +100%
Morgan Stanley
7
Morgan Stanley
New York
$8.83M +$415K +33,079 +5%
JFA
8
JNBA Financial Advisors
Minnesota
$7.76M -$694K -55,375 -8%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$7.34M +$594K +47,376 +9%
PPA
10
Parametric Portfolio Associates
Washington
$7.05M +$1.46M +116,576 +25%
NSIM
11
North Star Investment Management
Illinois
$6.37M -$326K -26,013 -5%
1CP
12
1607 Capital Partners
Virginia
$5.88M -$3.76K -300 -0.1%
Baird Financial Group
13
Baird Financial Group
Wisconsin
$5.66M +$128K +10,198 +2%
Bank of America
14
Bank of America
North Carolina
$5.45M +$25.4K +2,024 +0.5%
EAM
15
Evanson Asset Management
California
$5.18M -$376K -30,016 -7%
RJA
16
Raymond James & Associates
Florida
$4.56M +$1.03M +82,532 +29%
Stifel Financial
17
Stifel Financial
Missouri
$4M -$412K -32,862 -9%
KLI
18
Kelman-Lazarov Inc
Tennessee
$3.79M -$676K -53,932 -15%
KWA
19
KCS Wealth Advisory
California
$3.54M +$195K +15,547 +6%
HighTower Advisors
20
HighTower Advisors
Illinois
$3.43M -$21.4K -1,706 -0.6%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$3.29M +$23.5K +1,873 +0.7%
VCM
22
Vivaldi Capital Management
Illinois
$2.94M +$225K +17,953 +8%
WCM
23
Windsor Capital Management
Arizona
$2.68M -$119K -9,507 -4%
GIP
24
Greatmark Investment Partners
Georgia
$2.55M +$77.3K +6,162 +3%
TFF
25
The Family Firm
Maryland
$2.24M +$58.3K +4,649 +3%

SABA Hedge Fund Activity: Q3 2019 in Review

131 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q3 2019, worth a combined $215M — down 2.9% from $222M 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 $215M 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.