Saba Capital Management, L.P.
Q4 2023 13F-HR Holdings
Net value change ($000)
+805,440
(19.3%)
New positions
26
Sold out positions
62
Turnover %
7.9%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q3 2023
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)
| ECAT | 161,089 | 71.0% |
| BTX | 159,048 | 98.4% |
| BMEZ | 125,637 | 104.4% |
| BCAT | 55,017 | 37.0% |
| BSTZ | 51,767 | 671.9% |
| ClearBridge MLP & Midstream Fund Inc. | 28,601 | 48.3% |
| NAC | 26,733 | 41.0% |
| ASA | 25,163 | 105.5% |
| EMO | 24,374 | 30.2% |
| NXJ | 23,804 | 57.3% |
Top Reduces (Value $000, Stocks/ETFs)
| SABA | -88,369 | -72.6% |
| Kayne Anderson NextGen Energy & Infrastructure, Inc. | -32,702 | -100.0% |
| FSCO | -20,777 | -48.5% |
| CENTER COAST BROOKFIELD MLP & ENERGY INFRASTRUCTURE FUND | -15,119 | -100.0% |
| F | -12,705 | -100.0% |
| Sculptor Capital Management, Inc. | -10,660 | -100.0% |
| Perception Capital Corp. IV | -10,653 | -100.0% |
| JFR | -9,001 | -100.0% |
| Apollo Tactical Income Fund Inc. | -8,638 | -100.0% |
| Forbion European Acquisition Corp. | -8,621 | -100.0% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
905,874
(18.2% 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 |
|---|