Saba Capital Management, L.P.
Q1 2024 13F-HR Holdings
Net value change ($000)
+867,220
(17.4%)
New positions
14
Sold out positions
75
Turnover %
7.3%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q4 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 | 106,800 | 27.5% |
| BTX | 102,231 | 31.9% |
| BMEZ | 89,937 | 36.6% |
| BCAT | 68,445 | 33.6% |
| BSTZ | 55,385 | 93.1% |
| VMO | 53,339 | 736.8% |
| GDV | 28,917 | 137.4% |
| VKQ | 24,388 | NEW |
| VGM | 24,311 | NEW |
| ADX | 21,933 | 16.4% |
Top Reduces (Value $000, Stocks/ETFs)
| Gores Holdings IX, Inc. | -23,169 | -100.0% |
| FIRST TRUST ENERGY INFRASTRUCTURE FUND | -17,871 | -100.0% |
| XMUIX | -17,067 | -100.0% |
| FSCO | -16,894 | -76.5% |
| MUC | -16,827 | -36.3% |
| GUG | -15,283 | -88.5% |
| JQC | -13,786 | -100.0% |
| WYNN | -11,843 | -100.0% |
| BABA | -11,727 | -71.4% |
| RA | -11,199 | -49.0% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
1,280,967
(21.9% 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 |
|---|