Saba Capital Income & Opportunities Fund II
SABA
83 hedge funds and large institutions have $128M invested in Saba Capital Income & Opportunities Fund II in 2024 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
10% more capital invested
Capital invested by funds: $116M → $128M (+$11.9M)
6% more funds holding
Funds holding: 78 → 83 (+5)
1.72% more ownership
Funds ownership: 48.22% → 49.94% (+1.7%)
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$7.56M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.65M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.61M |
| 4 |
CL
Choreo LLC
Rockford,
Illinois
|
+$751K |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$575K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.93M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.78M |
| 3 |
SCM
Saba Capital Management
New York
|
-$1.59M |
| 4 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
-$1.07M |
| 5 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$942K |
SABA Hedge Fund Activity: Q4 2024 in Review
83 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q4 2024, worth a combined $128M — up 10% from $116M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SABA positions and 7 closed out — a net gain of 6 holders — while 23 added to existing stakes and 21 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $7.56M. The largest seller was Morgan Stanley, cutting an estimated $6.93M.
- 83 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q4 2024, up from 78 in Q3 2024.
- Funds reported $128M of Saba Capital Income & Opportunities Fund II stock for Q4 2024, up 10% quarter-over-quarter.
- 13 funds opened new Saba Capital Income & Opportunities Fund II positions in Q4 2024 and 7 closed out, a net change of +6 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q4 2024 was Thomas J. Herzfeld Advisors, an estimated $7.56M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q4 2024 was Morgan Stanley, an estimated $6.93M sold.
Based on aggregated 13F filings for Q4 2024.