Saba Capital Income & Opportunities Fund II
SABA
127 hedge funds and large institutions have $365M invested in Saba Capital Income & Opportunities Fund II in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 44 reducing their positions, and 8 closing their positions.
1.98% more ownership
Funds ownership: 23.28% → 25.26% (+2%)
4% more capital invested
Capital invested by funds: $350M → $365M (+$15M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
2% less funds holding
Funds holding: 129 → 127 (-2)
23% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$22.8M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$16M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$12.4M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$2.26M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$11.1M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$6.48M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$6.25M |
| 4 |
KWA
KCS Wealth Advisory
Los Angeles,
California
|
-$863K |
| 5 |
AHC
Anderson Hoagland & Co
St Louis,
Missouri
|
-$673K |
SABA Hedge Fund Activity: Q3 2021 in Review
127 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q3 2021, worth a combined $365M — up 4.3% from $350M a quarter earlier.
Fund positioning in SABA was balanced in Q3 2021: 8 funds opened new positions, 8 closed out, 34 added to existing stakes and 44 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $22.8M. The largest seller was Evergreen Capital Management, cutting an estimated $11.1M.
- 127 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q3 2021, down from 129 in Q2 2021.
- Funds reported $365M of Saba Capital Income & Opportunities Fund II stock for Q3 2021, up 4.3% quarter-over-quarter.
- 8 funds opened new Saba Capital Income & Opportunities Fund II positions in Q3 2021 and 8 closed out, a net change of 0 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q3 2021 was Saba Capital Management, an estimated $22.8M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q3 2021 was Evergreen Capital Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q3 2021.