Saba Capital Income & Opportunities Fund II
SABA
73 hedge funds and large institutions have $92.7M invested in Saba Capital Income & Opportunities Fund II in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 38 closing their positions.
1.31% less ownership
Funds ownership: 43.33% → 42.03% (-1.3%)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
16% less capital inflows, than outflows
Capital inflows: $15.4M | Capital outflows: $18.4M
28% less funds holding
Funds holding: 101 → 73 (-28)
71% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.05M |
| 2 |
Morgan Stanley
New York
|
+$3.01M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.03M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.07M |
| 5 |
AGM
Alpine Global Management
New York
|
+$930K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$4.34M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$3.76M |
| 3 |
LCWP
Legacy Capital Wealth Partners
Little Rock,
Arkansas
|
-$2.14M |
| 4 |
HC
Hara Capital
Bellevue,
Washington
|
-$2.12M |
| 5 |
TFF
The Family Firm
Bethesda,
Maryland
|
-$903K |
SABA Hedge Fund Activity: Q2 2024 in Review
73 of the 6,940 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q2 2024, worth a combined $92.7M — down 1.1% from $93.7M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of SABA and 11 opened new positions — a net loss of 27 holders — while 24 trimmed existing stakes and 21 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $5.05M. The largest seller was Franklin Resources, cutting an estimated $4.34M.
- 73 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q2 2024, down from 101 in Q1 2024.
- Funds reported $92.7M of Saba Capital Income & Opportunities Fund II stock for Q2 2024, down 1.1% quarter-over-quarter.
- 11 funds opened new Saba Capital Income & Opportunities Fund II positions in Q2 2024 and 38 closed out, a net change of -27 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q2 2024 was Rivernorth Capital Management, an estimated $5.05M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q2 2024 was Franklin Resources, an estimated $4.34M sold.
Based on aggregated 13F filings for Q2 2024.