Saba Capital Management, L.P.
Q2 2020 13F-HR Holdings
Net value change ($000)
+386,073
(20.3%)
New positions
12
Sold out positions
40
Turnover %
10.2%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q1 2020
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| PHD | 35,638 | 157.6% |
| EFT | 25,643 | 143.2% |
| EHI | 20,376 | 32.6% |
| JFR | 20,212 | 95.5% |
| SABA | 20,185 | 311.4% |
| EVF | 19,702 | 159.8% |
| VVR | 15,103 | 41.2% |
| BRW | 15,047 | 11.3% |
| Invesco Dynamic Credit Opportunities Fund | 13,892 | 33.4% |
| NHS | 13,179 | 35.4% |
Top Reduces (Value $000, Stocks/ETFs)
| HYD | -21,636 | -100.0% |
| BIT | -9,934 | -100.0% |
| NRK | -9,061 | -41.0% |
| BLW | -8,612 | -77.2% |
| EAD | -8,440 | -54.6% |
| KIO | -7,779 | -100.0% |
| BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND, INC. | -7,650 | -100.0% |
| FIRST TRUST HIGH INCOME LONG/SHORT FUND | -7,556 | -23.3% |
| MYI | -7,262 | -98.0% |
| MUC | -7,142 | -57.6% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
810,663
(35.4% of total reported value)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|