Saba Capital Income & Opportunities Fund II
SABA
109 hedge funds and large institutions have $249M invested in Saba Capital Income & Opportunities Fund II in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 32 reducing their positions, and 11 closing their positions.
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
3% more funds holding
Funds holding: 106 → 109 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.53% less ownership
Funds ownership: 31.95% → 31.42% (-0.53%)
9% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 32
8% less capital invested
Capital invested by funds: $272M → $249M (-$23.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$6.29M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.98M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$4.8M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.85M |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$29.1M |
| 2 |
Morgan Stanley
New York
|
-$2.26M |
| 3 |
NFG
Nations Financial Group
Cedar Rapids,
Iowa
|
-$384K |
| 4 |
WCM
Whitener Capital Management
Rocky Mount,
North Carolina
|
-$276K |
| 5 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$179K |
SABA Hedge Fund Activity: Q3 2023 in Review
109 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q3 2023, worth a combined $249M — down 8.5% from $272M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SABA positions and 11 closed out — a net gain of 4 holders — while 29 added to existing stakes and 32 trimmed.
The largest buyer was Clough Capital Partners, opening a new position worth an estimated $6.29M. The largest seller was Saba Capital Management, cutting an estimated $29.1M.
- 109 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q3 2023, up from 106 in Q2 2023.
- Funds reported $249M of Saba Capital Income & Opportunities Fund II stock for Q3 2023, down 8.5% quarter-over-quarter.
- 15 funds opened new Saba Capital Income & Opportunities Fund II positions in Q3 2023 and 11 closed out, a net change of +4 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q3 2023 was Clough Capital Partners, an estimated $6.29M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q3 2023 was Saba Capital Management, an estimated $29.1M sold.
Based on aggregated 13F filings for Q3 2023.