Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Saba Capital Income & Opport (SABA)

85 + Investors. Track Smart Money conviction in SABA. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
57%

Smart Money Signals — SABA

Based on 85 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their SABA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
85 hedge funds hold SABA right now — the highest count in 2.2 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +9% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+9% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 57% buying

38 buying29 selling
Last quarter: 38 funds bought or added vs 29 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~10 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 7 → 18 → 11 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

40% of holders stayed for 2+ years

■ 40% conviction (2yr+) ■ 31% medium ■ 29% new
34 out of 85 hedge funds have held SABA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

8 → 7 → 18 → 11 → 10 new funds/Q
New funds entering each quarter: 7 → 18 → 11 → 10. SABA is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
📊

Mixed cohorts — 0% veterans, 35% new entrants

■ 0% veterans ■ 65% 1-2yr ■ 35% new
Of 85 current holders: 0 (0%) held 2+ years, 55 held 1–2 years, 30 (35%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 9% AUM from top-100

9% from top-100 AUM funds
7 of 85 holders rank in the top 100 by AUM, but together hold only 9% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — SABA

In 2026 Q2, 38 hedge funds were net buyers of SABA (10 opened a new position, 28 added to an existing one), while 29 reduced or exited (18 trimmed, 11 sold completely) — a 57% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 85.

Hedge Fund Ownership: SABA

How many hedge funds hold SABA — quarterly history vs. share price
Quarterly hedge fund ownership of SABA vs. share price

Market Analysis: SABA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SABA

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 1 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: SABA
85 + Investors

Track Smart Money conviction in SABA. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 85 86 -1.16%
13F Shares 14M 14M 0.75%
Total Value $118M $117M 1.12%
New Positions 10 11 -1
Increased Positions 28 25 +3
Closed Positions 11 10 +1
Reduced Positions 18 23 -5
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SABA

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Institutional Holders (2026 Q2)

85 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SABA. Verified SEC 13F-HR filings.

QUARTER:
Top 25 SABA holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Quantify Chaos Advisors, LLC 4.57% 194,270 $1.6M
2 Thomas J. Herzfeld Advisors, Inc. 2.29% 891,603 $7.4M
3 Flax Pond Capital, LLC 1.97% 299,313 $2.5M
4 Closed-End Fund Advisors, Inc. 1.66% 204,065 $1.7M
5 Shaker Financial Services, LLC 1.54% 590,213 $4.9M
6 Rpo LLC 1.37% 49,907 $417K
7 Hara Capital LLC 1.11% 251,358 $2.1M
8 Rivernorth Capital Management, LLC 1.08% 2,711,592 $22.6M
9 Almitas Capital LLC 0.70% 347,826 $2.9M
10 Comprehensive Money Management Services LLC 0.67% 127,548 $1.1M
11 Saba Capital Management, L.P. 0.47% 2,190,968 $18.3M
12 Blue Bell Private Wealth Management, LLC 0.35% 333,996 $2.8M
13 Doliver Advisors, LP 0.26% 140,000 $1.2M
14 TrueMark Investments, LLC 0.26% 244,129 $2.0M
15 Gridiron Partners, LLC 0.17% 40,182 $333K
16 Legacy Financial Independent Advisors LLC 0.17% 43,916 $367K
17 Visionary Horizons, LLC 0.15% 43,876 $366K
18 Melfa Wealth Management, INC. 0.08% 16,875 $141K
19 Winter & Associates, Inc. 0.07% 11,908 $99K
20 Css LLC/Il 0.06% 181,833 $1.5M
21 Patron Partners, LLC 0.05% 16,490 $138K
22 Kelleher Financial Advisors 0.05% 40,161 $335K
23 Advisors Asset Management, Inc. 0.04% 284,797 $2.4M
24 Shrier Wealth Management, LLC 0.03% 11,349 $95K
25 Gilman Hill Asset Management, LLC 0.03% 25,000 $209K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Saba Capital Income & Opport (SABA)

What does the Smart Money Trend signal show for SABA?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their SABA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for SABA?

Slight buying edge — 57% buying: Last quarter: 38 funds bought or added vs 29 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for SABA holders?

Smaller funds dominant — 9% AUM from top-100: 7 of 85 holders rank in the top 100 by AUM, but together hold only 9% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held SABA?

40% of holders stayed for 2+ years: 34 out of 85 hedge funds have held SABA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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