Saba Capital Income & Opportunities Fund II
SABA
153 hedge funds and large institutions have $315M invested in Saba Capital Income & Opportunities Fund II in 2020 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 33 increasing their positions, 55 reducing their positions, and 13 closing their positions.
115% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 13
30% more capital invested
Capital invested by funds: $241M → $315M (+$73.5M)
10% more funds holding
Funds holding: 139 → 153 (+14)
4.5% more ownership
Funds ownership: 16.82% → 21.32% (+4.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
40% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$45.4M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$7.52M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$7.19M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.27M |
| 5 |
AHC
Anderson Hoagland & Co
St Louis,
Missouri
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$3.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.86M |
| 3 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
-$1.79M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.71M |
| 5 |
AA
Altman Advisors
Chicago,
Illinois
|
-$1.46M |
SABA Hedge Fund Activity: Q4 2020 in Review
153 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q4 2020, worth a combined $315M — up 30% from $241M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SABA positions and 13 closed out — a net gain of 15 holders — while 33 added to existing stakes and 55 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $45.4M. The largest seller was Evergreen Capital Management, cutting an estimated $3.9M.
- 153 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q4 2020, up from 139 in Q3 2020.
- Funds reported $315M of Saba Capital Income & Opportunities Fund II stock for Q4 2020, up 30% quarter-over-quarter.
- 28 funds opened new Saba Capital Income & Opportunities Fund II positions in Q4 2020 and 13 closed out, a net change of +15 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q4 2020 was Saba Capital Management, an estimated $45.4M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q4 2020 was Evergreen Capital Management, an estimated $3.9M sold.
Based on aggregated 13F filings for Q4 2020.