Saba Capital Income & Opportunities Fund II
SABA
106 hedge funds and large institutions have $272M invested in Saba Capital Income & Opportunities Fund II in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 26 increasing their positions, 30 reducing their positions, and 10 closing their positions.
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
9% more funds holding
Funds holding: 97 → 106 (+9)
1.54% more ownership
Funds ownership: 30.41% → 31.95% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less capital invested
Capital invested by funds: $275M → $272M (-$2.73M)
13% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.7M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$4.06M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$4.06M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.59M |
| 5 |
TFF
The Family Firm
Bethesda,
Maryland
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.03M |
| 2 |
AA
Addison Advisors
Middlebury,
Vermont
|
-$275K |
| 3 |
JP Morgan Chase
New York
|
-$229K |
| 4 |
WCM
Whitener Capital Management
Rocky Mount,
North Carolina
|
-$181K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$171K |
SABA Hedge Fund Activity: Q2 2023 in Review
106 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q2 2023, worth a combined $272M — down 0.99% from $275M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SABA positions and 10 closed out — a net gain of 10 holders — while 26 added to existing stakes and 30 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $4.7M. The largest seller was Morgan Stanley, cutting an estimated $3.03M.
- 106 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q2 2023, up from 97 in Q1 2023.
- Funds reported $272M of Saba Capital Income & Opportunities Fund II stock for Q2 2023, down 0.99% quarter-over-quarter.
- 20 funds opened new Saba Capital Income & Opportunities Fund II positions in Q2 2023 and 10 closed out, a net change of +10 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q2 2023 was Rivernorth Capital Management, an estimated $4.7M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q2 2023 was Morgan Stanley, an estimated $3.03M sold.
Based on aggregated 13F filings for Q2 2023.