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SABA

Saba Capital Income & Opportunities Fund II

74 hedge funds and large institutions have $134M invested in Saba Capital Income & Opportunities Fund II in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.22% more ownership

Funds ownership: 50.08%53.3% (+3.2%)

5% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 19

3% more capital invested

Capital invested by funds: $130M → $134M (+$4.16M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less funds holding

Funds holding: 7874 (-4)

25% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 12

Holders
74
Holders Change
-4
Holders Change %
-5.13%
% of All Funds
0.97%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
9
Increased
20
Reduced
19
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$27.1M -$320K -34,677 -1%
SCM
2
Saba Capital Management
New York
$24M -$1.25M -135,168 -5%
TJHA
3
Thomas J. Herzfeld Advisors
Florida
$16.3M +$338K +36,674 +2%
Kovitz Investment Group Partners
4
Kovitz Investment Group Partners
Illinois
$9.29M +$728K +78,829 +8%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$8.71M +$222K +24,034 +3%
Wells Fargo
6
Wells Fargo
California
$6.79M -$314K -34,002 -4%
SFS
7
Shaker Financial Services
Virginia
$4.09M +$1.47M +159,291 +55%
SC
8
Scotia Capital
Ontario, Canada
$3.91M +$597K +64,711 +18%
Invesco
9
Invesco
Georgia
$3.68M +$130K +14,138 +4%
Morgan Stanley
10
Morgan Stanley
New York
$3.61M -$694K -75,215 -16%
Fiera Capital (Canada)
11
Fiera Capital (Canada)
Quebec, Canada
$2.88M +$9.49K +1,028 +0.3%
AAM
12
Advisors Asset Management
Colorado
$2.37M -$130K -14,037 -5%
SMA
13
Seven Mile Advisory
New Jersey
$2.22M +$2.25M +243,632 New
TI
14
TrueMark Investments
Illinois
$1.9M +$1.92M +208,014 New
Toronto Dominion Bank
15
Toronto Dominion Bank
Ontario, Canada
$1.89M +$1.91M +207,248 New
BBPWM
16
Blue Bell Private Wealth Management
Pennsylvania
$1.81M +$1.23M +133,163 +204%
CL
17
Choreo LLC
Illinois
$1.24M +$36.2K +3,925 +3%
CL
18
CSS LLC
Illinois
$1.16M +$64K +6,940 +6%
MA
19
Mutual Advisors
Nebraska
$1.06M +$2.31K +250 +0.2%
CMMS
20
Comprehensive Money Management Services
Florida
$996K -$19.9K -2,154 -2%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$857K -$47.7K -5,164 -5%
PAG
22
Private Advisor Group
New Jersey
$750K
Raymond James Financial
23
Raymond James Financial
Florida
$741K +$90.7K +9,829 +14%
HC
24
Hara Capital
Washington
$703K -$1.03M -111,827 -59%
GP
25
Gridiron Partners
Pennsylvania
$517K +$3.12M +337,973 +596%

SABA Hedge Fund Activity: Q3 2025 in Review

74 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q3 2025, worth a combined $134M — up 3.2% from $130M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of SABA and 9 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 20 added.

The largest buyer was Gridiron Partners, adding an estimated $3.12M. The largest seller was Saba Capital Management, cutting an estimated $1.25M.

  • 74 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q3 2025, down from 78 in Q2 2025.
  • Funds reported $134M of Saba Capital Income & Opportunities Fund II stock for Q3 2025, up 3.2% quarter-over-quarter.
  • 9 funds opened new Saba Capital Income & Opportunities Fund II positions in Q3 2025 and 12 closed out, a net change of -3 holders.
  • The largest Saba Capital Income & Opportunities Fund II buyer in Q3 2025 was Gridiron Partners, an estimated $3.12M added.
  • The largest Saba Capital Income & Opportunities Fund II seller in Q3 2025 was Saba Capital Management, an estimated $1.25M sold.

Based on aggregated 13F filings for Q3 2025.