Saba Capital Income & Opportunities Fund II
SABA
139 hedge funds and large institutions have $241M invested in Saba Capital Income & Opportunities Fund II in 2020 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 35 increasing their positions, 55 reducing their positions, and 13 closing their positions.
0% more capital invested
Capital invested by funds: $241M → $241M (+$371K)
0.1% more ownership
Funds ownership: 16.72% → 16.82% (+0.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1% less funds holding
Funds holding: 141 → 139 (-2)
36% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 55
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $66K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$38M |
| 2 |
UR
USCA RIA
Houston,
Texas
|
+$2.15M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.27M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$580K |
| 5 |
TFF
The Family Firm
Bethesda,
Maryland
|
+$312K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$14.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.29M |
| 3 |
KWA
KCS Wealth Advisory
Los Angeles,
California
|
-$1.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.36M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$956K |
SABA Hedge Fund Activity: Q3 2020 in Review
139 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q3 2020, worth a combined $241M — up 0.15% from $241M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SABA and 12 opened new positions — a net loss of 1 holder — while 55 trimmed existing stakes and 35 added.
The largest buyer was Saba Capital Management, adding an estimated $38M. The largest seller was Rivernorth Capital Management, cutting an estimated $14.9M.
- 139 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q3 2020, down from 141 in Q2 2020.
- Funds reported $241M of Saba Capital Income & Opportunities Fund II stock for Q3 2020, up 0.15% quarter-over-quarter.
- 12 funds opened new Saba Capital Income & Opportunities Fund II positions in Q3 2020 and 13 closed out, a net change of -1 holder.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q3 2020 was Saba Capital Management, an estimated $38M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q3 2020 was Rivernorth Capital Management, an estimated $14.9M sold.
Based on aggregated 13F filings for Q3 2020.