Saba Capital Management, L.P.
Q2 2024 13F-HR Holdings
Net value change ($000)
+175,486
(3.0%)
New positions
25
Sold out positions
23
Turnover %
7.0%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q1 2024
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)
| ADX | 53,743 | 34.5% |
| GDV | 34,984 | 70.0% |
| BSTZ | 28,090 | 24.5% |
| SABA | 26,948 | NEW |
| NBXG | 24,005 | 49.3% |
| NFJ | 22,571 | 51.9% |
| AOD | 18,804 | 309.2% |
| PEO | 16,121 | 33.9% |
| LEO | 15,359 | 162.5% |
| HQL | 15,044 | 44.8% |
Top Reduces (Value $000, Stocks/ETFs)
| EMO | -111,161 | -91.0% |
| ClearBridge MLP & Midstream Fund Inc. | -100,249 | -100.0% |
| BTX | -46,280 | -10.9% |
| ClearBridge MLP & Midstream Total Return Fund Inc. | -44,162 | -94.7% |
| FIRST TRUST MLP & ENERGY INCOME FUND | -32,844 | -100.0% |
| SABA | -26,395 | -100.0% |
| BMEZ | -20,394 | -6.1% |
| FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND | -15,058 | -100.0% |
| MVF | -13,929 | -100.0% |
| NZF | -12,961 | -41.6% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
1,469,092
(24.4% 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 |
|---|