Saba Capital Management, L.P.

Q2 2025 13F-HR Holdings

Location
New York, NY
Holdings as of
6/30/2025
Date filed
8/14/2025
Form type
13F-HR
Num holdings
322
Total value ($000)
$4,256,537
Net value change ($000)
+557,688 (15.1%)
New positions
58
Sold out positions
20
Turnover %
18.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 5/15/2025 Next filing: 11/14/2025 SEC filing

Snapshot: Change Analysis

Compared to Q1 2025
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)
BTX 65,529 17.3%
GDV 22,849 14.9%
WENN 20,751 NEW
GAM 19,595 24.1%
RDAG 19,494 NEW
NBXG 18,009 19.2%
ETOR 17,313 NEW
MXF 15,231 NEW
EVTL 15,107 107.1%
BMBL 14,662 109.7%
Top Reduces (Value $000, Stocks/ETFs)
BMEZ -309,189 -100.0%
BCAT -51,928 -30.5%
ADX -22,441 -26.5%
NXJ -18,293 -41.2%
ASGI -17,963 -100.0%
HQH -16,969 -87.0%
AOD -13,418 -100.0%
TBLD -9,876 -100.0%
MPA -9,397 -42.5%
EMO -9,023 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 587,006 (13.8% 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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type