Saba Capital Income & Opportunities Fund II
SABA
121 hedge funds and large institutions have $261M invested in Saba Capital Income & Opportunities Fund II in 2021 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 22 increasing their positions, 42 reducing their positions, and 30 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 127 → 121 (-6)
13.07% less ownership
Funds ownership: 50.52% → 37.45% (-13%)
13% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 30
48% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 42
88% less capital inflows, than outflows
Capital inflows: $12.9M | Capital outflows: $107M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$7.5M |
| 2 |
6M
6 Meridian
Wichita,
Kansas
|
+$855K |
| 3 |
Weiss Asset Management
Boston,
Massachusetts
|
+$693K |
| 4 |
AW
Avion Wealth
The Woodlands,
Texas
|
+$489K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$266K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$23.5M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$22.7M |
| 3 |
BFS
Bard Financial Services
Branford,
Connecticut
|
-$10M |
| 4 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$6.3M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$5M |
SABA Hedge Fund Activity: Q4 2021 in Review
121 of the 6,521 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q4 2021, worth a combined $261M — down 29% from $365M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of SABA and 26 opened new positions — a net loss of 4 holders — while 42 trimmed existing stakes and 22 added.
The largest buyer was Icon Advisers, opening a new position worth an estimated $7.5M. The largest seller was Sit Investment Associates, cutting an estimated $23.5M.
- 121 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q4 2021, down from 127 in Q3 2021.
- Funds reported $261M of Saba Capital Income & Opportunities Fund II stock for Q4 2021, down 29% quarter-over-quarter.
- 26 funds opened new Saba Capital Income & Opportunities Fund II positions in Q4 2021 and 30 closed out, a net change of -4 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q4 2021 was Icon Advisers, an estimated $7.5M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q4 2021 was Sit Investment Associates, an estimated $23.5M sold.
Based on aggregated 13F filings for Q4 2021.