Saba Capital Income & Opportunities Fund II
SABA
83 hedge funds and large institutions have $118M invested in Saba Capital Income & Opportunities Fund II in 2026 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 17 reducing their positions, and 9 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 17
1% more capital invested
Capital invested by funds: $118M → $118M (+$747K)
0.14% more ownership
Funds ownership: 50.01% → 50.15% (+0.14%)
5% less funds holding
Funds holding: 87 → 83 (-4)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.87M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.18M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$984K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$386K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.23M |
| 2 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$955K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$728K |
| 4 |
RL
RPO LLC
Stamford,
Connecticut
|
-$615K |
| 5 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$310K |
SABA Hedge Fund Activity: Q2 2026 in Review
83 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q2 2026, worth a combined $118M — up 0.64% from $118M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SABA and 7 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 30 added.
The largest buyer was Envestnet Asset Management, adding an estimated $1.87M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.23M.
- 83 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q2 2026, down from 87 in Q1 2026.
- Funds reported $118M of Saba Capital Income & Opportunities Fund II stock for Q2 2026, up 0.64% quarter-over-quarter.
- 7 funds opened new Saba Capital Income & Opportunities Fund II positions in Q2 2026 and 9 closed out, a net change of -2 holders.
- The largest Saba Capital Income & Opportunities Fund II buyer in Q2 2026 was Envestnet Asset Management, an estimated $1.87M added.
- The largest Saba Capital Income & Opportunities Fund II seller in Q2 2026 was Rivernorth Capital Management, an estimated $1.23M sold.
Based on aggregated 13F filings for Q2 2026.