Saba Capital Income & Opportunities Fund II
SABA
129 hedge funds and large institutions have $350M invested in Saba Capital Income & Opportunities Fund II in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 37 increasing their positions, 50 reducing their positions, and 15 closing their positions.
6% more capital invested
Capital invested by funds: $330M → $350M (+$20.2M)
0.15% more ownership
Funds ownership: 23.14% → 23.28% (+0.15%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 138 → 129 (-9)
26% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 50
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.29M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.15M |
| 3 |
Morgan Stanley
New York
|
+$1.48M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.02M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$900K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.9M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.89M |
| 3 |
KOMWMG
Kerntke Otto McGlone Wealth Management Group
Appleton,
Wisconsin
|
-$1.22M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$666K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$485K |
SABA Hedge Fund Activity: Q2 2021 in Review
129 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q2 2021, worth a combined $350M — up 6.1% from $330M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SABA and 6 opened new positions — a net loss of 9 holders — while 50 trimmed existing stakes and 37 added.
The largest buyer was Saba Capital Management, adding an estimated $5.29M. The largest seller was Rivernorth Capital Management, cutting an estimated $4.9M.
- 129 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q2 2021, down from 138 in Q1 2021.
- Funds reported $350M of Saba Capital Income & Opportunities Fund II stock for Q2 2021, up 6.1% quarter-over-quarter.
- 6 funds opened new Saba Capital Income & Opportunities Fund II positions in Q2 2021 and 15 closed out, a net change of -9 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q2 2021 was Saba Capital Management, an estimated $5.29M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q2 2021 was Rivernorth Capital Management, an estimated $4.9M sold.
Based on aggregated 13F filings for Q2 2021.