Saba Capital Income & Opportunities Fund II
SABA
101 hedge funds and large institutions have $93.7M invested in Saba Capital Income & Opportunities Fund II in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 24 increasing their positions, 33 reducing their positions, and 26 closing their positions.
1.37% less ownership
Funds ownership: 44.71% → 43.33% (-1.4%)
9% less funds holding
Funds holding: 111 → 101 (-10)
13% less capital inflows, than outflows
Capital inflows: $19M | Capital outflows: $21.9M
27% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 33
35% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.66M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3M |
| 3 |
HC
Hara Capital
Bellevue,
Washington
|
+$2.04M |
| 4 |
LCWP
Legacy Capital Wealth Partners
Little Rock,
Arkansas
|
+$1.93M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$7.19M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$7.06M |
| 3 |
TFF
The Family Firm
Bethesda,
Maryland
|
-$2.03M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$1.69M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$415K |
SABA Hedge Fund Activity: Q1 2024 in Review
101 of the 6,963 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q1 2024, worth a combined $93.7M — down 2.1% from $95.8M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of SABA and 17 opened new positions — a net loss of 9 holders — while 33 trimmed existing stakes and 24 added.
The largest buyer was Morgan Stanley, adding an estimated $4.66M. The largest seller was Saba Capital Management, cutting an estimated $7.19M.
- 101 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q1 2024, down from 111 in Q4 2023.
- Funds reported $93.7M of Saba Capital Income & Opportunities Fund II stock for Q1 2024, down 2.1% quarter-over-quarter.
- 17 funds opened new Saba Capital Income & Opportunities Fund II positions in Q1 2024 and 26 closed out, a net change of -9 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q1 2024 was Morgan Stanley, an estimated $4.66M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q1 2024 was Saba Capital Management, an estimated $7.19M sold.
Based on aggregated 13F filings for Q1 2024.