Equal-WT
WhaleScore 2.0
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SABA CAPITAL MANAGEMENT, L.P.
NEW YORK NY
Investment Advisor
Hedge Fund
Saba Capital Management is based out of New York. Saba Capital Management is a hedge fund with 37 clients and discretionary assets under management (AUM) of $13,424,813,328 (Form ADV from 2024-07-08). Their last reported 13F filing for Q3 2024 included $4,797,987,732 in managed 13F securities
and a top 10 holdings concentration of 47.67%. Saba Capital Management's largest holding is BlackRock ESG Capital Allocation Term Trust with shares held of 28,552,727. Whalewisdom has at least 61 13F filings, 903 13D filings, 1206 13G filings, and 2286 Form 4 filings
Investment Strategy
The investment strategies employed by the Flagship Funds involve targeting investments with horizons ranging from one to twelve months. These investments are chosen to meet the specific objectives of the Flagship Funds.
Carry Neutral Funds, on the other hand, focus on investments where the net asset value is determined relative to Non-Market Neutral Interests and Non-Market Neutral Shares. The investment team seeks to invest in Market Neutral Investments, which are investments where only the Market Neutral Interests and Market Neutral Shares participate. These investments may have additional exposure relative to the Non-Market Neutral Interests and Non-Market Neutral Shares.
Known Email Addresses
(Subscription Required)
2024-09-30
Top Buys (13F)
| Name | % Change |
|---|---|
| BIGZ BlackRock Innovation | 2.52% |
| AAL American Airlines Gr (PUT) | 1.58% |
| BMEZ BlackRock Health Sci | 1.58% |
| GDV Gabelli Dividend & I | 1.29% |
| NFJ Virtus AllianzGI Div | 0.91% |
2024-09-30
Top Sells (13F)
| Name | % Change |
|---|---|
| IWM iShares Russell 2000 (CALL) | 21.51% |
| NAC Nuveen California Qu | 0.77% |
| ADX Adams Diversified Eq | 0.6% |
| NEA Nuveen AMT-Free Qual | 0.57% |
| NAD Nuveen Quality Munic | 0.56% |
2024-09-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| ECAT BlackRock ESG Capita | 10.56% |
| BIGZ BlackRock Innovation | 8.78% |
| BMEZ BlackRock Health Sci | 6.82% |
| BCAT BlackRock Capital Al | 5.53% |
| PDX PIMCO Dynamic Income | 3.09% |
2024-09-30
13F Activity
| Market Value | $4.80b, Prior: $4.80b |
| Inflows (Outflows) as % of Total MV | (-23.1837)% |
| New Purchases | 31 stocks |
| Added To | 55 stocks |
| Sold out of | 58 stocks |
| Reduced holdings in | 63 stocks |
| Top 10 Holdings % | 47.67% |
| Turnover %[1] | 21.39% |
| Turnover Alt %[2] | 8.56% |
| Time Held Top 20 | 4.25 quarters |
| Time Held Top 10 | 4 quarters |
| Time Held All | 7.31 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-09-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-09-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-09-30