Saba Capital Income & Opportunities Fund II
SABA
78 hedge funds and large institutions have $116M invested in Saba Capital Income & Opportunities Fund II in 2024 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 27 increasing their positions, 14 reducing their positions, and 10 closing their positions.
93% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 14
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
25% more capital invested
Capital invested by funds: $92.7M → $116M (+$23.3M)
7% more funds holding
Funds holding: 73 → 78 (+5)
6.2% more ownership
Funds ownership: 42.03% → 48.22% (+6.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$5.7M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$4.63M |
| 3 |
HC
Hara Capital
Bellevue,
Washington
|
+$2.67M |
| 4 |
Morgan Stanley
New York
|
+$2.62M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.99M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$1.78M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.35M |
| 4 |
AGM
Alpine Global Management
New York
|
-$1.27M |
| 5 |
SCM
Saba Capital Management
New York
|
-$943K |
SABA Hedge Fund Activity: Q3 2024 in Review
78 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q3 2024, worth a combined $116M — up 25% from $92.7M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SABA positions and 10 closed out — a net gain of 5 holders — while 27 added to existing stakes and 14 trimmed.
The largest buyer was Kovitz Investment Group Partners, opening a new position worth an estimated $5.7M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.99M.
- 78 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q3 2024, up from 73 in Q2 2024.
- Funds reported $116M of Saba Capital Income & Opportunities Fund II stock for Q3 2024, up 25% quarter-over-quarter.
- 15 funds opened new Saba Capital Income & Opportunities Fund II positions in Q3 2024 and 10 closed out, a net change of +5 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q3 2024 was Kovitz Investment Group Partners, an estimated $5.7M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q3 2024 was Rivernorth Capital Management, an estimated $1.99M sold.
Based on aggregated 13F filings for Q3 2024.