Saba Capital Income & Opportunities Fund II
SABA
101 hedge funds and large institutions have $268M invested in Saba Capital Income & Opportunities Fund II in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 33 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
12% more capital invested
Capital invested by funds: $240M → $268M (+$28.2M)
1.46% more ownership
Funds ownership: 28.71% → 30.18% (+1.5%)
0% more funds holding
Funds holding: 101 → 101 (0)
21% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$17.5M |
| 2 |
SCM
Saba Capital Management
New York
|
+$6.35M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$6.12M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$696K |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$667K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$12.1M |
| 2 |
Morgan Stanley
New York
|
-$4.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$673K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$362K |
| 5 |
Millennium Management
New York
|
-$327K |
SABA Hedge Fund Activity: Q4 2022 in Review
101 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q4 2022, worth a combined $268M — up 12% from $240M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SABA positions and 13 closed out — a net gain of 2 holders — while 26 added to existing stakes and 33 trimmed.
The largest buyer was Franklin Resources, adding an estimated $17.5M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $12.1M sold.
- 101 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q4 2022, unchanged from Q3 2022.
- Funds reported $268M of Saba Capital Income & Opportunities Fund II stock for Q4 2022, up 12% quarter-over-quarter.
- 15 funds opened new Saba Capital Income & Opportunities Fund II positions in Q4 2022 and 13 closed out, a net change of +2 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q4 2022 was Franklin Resources, an estimated $17.5M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q4 2022 was Sit Investment Associates, an estimated $12.1M sold.
Based on aggregated 13F filings for Q4 2022.