Saba Capital Management, L.P.

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Saba Capital Management, L.P. maintained a portfolio of 420 distinct positions. The most significant new addition to the portfolio was BLUEROCK PVT REAL ES, which now represents 1.37% of the total fund value. They heavily accumulated shares in ASA GOLD AND PRECIOU, increasing their position by 15.8%. The fund also reduced its exposure to ADVANCED MICRO DEVIC by 67.3%.
PCA Score Concentration Risk
Risk ENB
Total Positions
420
Quarter
2025 Q4
Top Holding
ECAT (12.0%)
Top 10 Concentration
47.5%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 420
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
ECAT
BLACKROCK ESG C...
Bond/Debt 12.04% 12.47% #1
Prev: #1
6.5 -1,464,467 -5.3%
P
S
26,336,257 $405,051,633 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ASA
ASA GOLD AND PR...
Financial Services 9.56% 5.83% #2
Prev: #2
7.3 735,036 15.8%
P
S
5,391,713 $321,723,515 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GDV
GABELLI DIVID &...
Financial Services 4.75% 4.54% #3 1
Prev: #4
3.4 -363,054 -5.9%
P
S
5,751,258 $159,712,435 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PDX
PIMCO DYNAMIC I...
Bond/Debt 3.79% 5.11% #4 1
Prev: #3
2.5 -693,077 -9.3%
P
S
6,796,130 $127,631,321 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GAM
GENERAL AMERN I...
Financial Services 3.64% 3.47% #5
Prev: #5
2.5 44,324 2.2%
P
S
2,085,885 $122,504,026 2016 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NFJ
VIRTUS DIVIDEND...
Financial Services 3.31% 2.67% #6 1
Prev: #7
3.3 1,132,073 15.1%
P
S
8,640,031 $111,370,000 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NBXG
NEUBERGER NEXT ...
Financial Services 3.30% 3.25% #7 1
Prev: #6
1.8 -26,169 -0.3%
P
S
7,695,235 $111,119,193 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BSTZ
BLACKROCK SCIEN...
Bond/Debt 3.06% 2.24% #8 2
Prev: #10
3.7 863,496 23.4%
P
S
4,557,491 $103,044,872 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MEGI
NYLI CBRE GBL I...
Financial Services 2.29% 2.51% #9 1
Prev: #8
1.4 -666,211 -10.6%
P
S
5,593,758 $76,970,110 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PEO
ADAM NAT RES FD...
Financial Services 1.74% 1.58% #10 4
Prev: #14
1.2 10,926 0.4%
P
S
2,698,250 $58,659,955 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSLA
TESLA INC
PUT
PUT Option 1.51% 0.63% #11 27
Prev: #38
3.6 61,200 117.9%
P
S
113,100 $50,863,332 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BPRE
BLUEROCK PVT RE...
Financial Services 1.37% #12
Prev: #—
4.0 3,074,615 no change
NEW
3,074,615 $46,119,225 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CRWD
CROWDSTRIKE HLD...
PUT
PUT Option 1.23% 0.66% #13 21
Prev: #34
3.5 39,000 79.3%
P
S
88,200 $41,344,632 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
LEO
BNY MELLON STRA...
Financial Services 1.15% 0.97% #14 9
Prev: #23
2.5 378,001 6.6%
P
S
6,076,820 $38,648,575 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
QCOM
QUALCOMM INC
PUT
PUT Option 1.14% 1.01% #15 7
Prev: #22
1.0 3,600 1.6%
P
S
224,600 $38,417,830 2017 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NVDA
NVIDIA CORPORAT...
PUT
PUT Option 1.14% 1.92% #16 4
Prev: #12
0.5 -171,200 -45.4%
P
S
205,900 $38,400,350 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
NQP
NUVEEN PENNSYLV...
Financial Services 1.06% 1.55% #17 2
Prev: #15
0.4 -1,720,246 -36.5%
P
S
2,998,620 $35,653,592 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HQL
ABRDN LIFE SCIE...
Bond/Debt 1.06% 1.10% #18 1
Prev: #19
0.9 -469,478 -18.2%
P
S
2,117,174 $35,526,180 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MXF
MEXICO FD INC
Financial Services 1.01% 0.69% #19 13
Prev: #32
2.9 413,606 32.4%
P
S
1,691,300 $34,062,782 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AMD
ADVANCED MICRO ...
PUT
PUT Option 1.00% 2.14% #20 9
Prev: #11
0.4 -325,100 -67.3%
P
S
157,900 $33,815,864 2010 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DSM
BNY MELLON STRA...
Financial Services 0.95% 0.83% #21 5
Prev: #26
0.9 26,850 0.5%
P
S
5,179,441 $31,957,151 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BOE
BLACKROCK ENHAN...
Financial Services 0.89% 0.76% #22 7
Prev: #29
2.4 160,525 6.7%
P
S
2,555,063 $29,919,788 2017 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AFB
ALLIANCEBERNSTE...
Financial Services 0.89% 0.91% #23 1
Prev: #24
0.9 -321,043 -10.4%
P
S
2,760,256 $29,865,970 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BA
BOEING CO
PUT
PUT Option 0.88% 2.30% #24 15
Prev: #9
0.4 -254,000 -65.0%
P
S
136,500 $29,636,880 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
APPLE INC
PUT
PUT Option 0.84% #25
Prev: #—
3.8 104,300 no change
NEW
104,300 $28,354,998 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
HFRO
HIGHLAND OPPS &...
Financial Services 0.83% 0.65% #26 11
Prev: #37
2.8 944,136 25.3%
P
S
4,674,016 $27,950,616 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
RMT
ROYCE MICRO-CAP...
Financial Services 0.81% 0.40% #27 27
Prev: #54
3.3 1,206,828 85.7%
P
S
2,614,909 $27,273,501 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CNNE
CANNAE HLDGS IN...
Consumer Cyclical 0.80% 0.70% #28 3
Prev: #31
2.8 323,531 23.3%
P
S
1,714,994 $26,976,856 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MSTR
STRATEGY INC
PUT
PUT Option 0.77% #29
Prev: #—
3.8 170,000 no change
NEW
170,000 $25,831,500 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GF
NEW GERMANY FD ...
Financial Services 0.75% 0.62% #30 10
Prev: #40
2.3 256,443 13.1%
P
S
2,210,555 $25,244,538 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
IIF
MORGAN STANLEY ...
Financial Services 0.73% 0.73% #31 1
Prev: #30
0.8 -28,028 -2.8%
P
S
988,924 $24,703,322 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DIAX
NUVEEN DOW 30 D...
Financial Services 0.73% 0.42% #32 20
Prev: #52
3.3 565,320 54.7%
P
S
1,599,746 $24,412,124 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BABA
ALIBABA GROUP H...
PUT
PUT Option 0.72% #33
Prev: #—
3.8 165,900 no change
NEW
165,900 $24,317,622 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RVT
ROYCE SMALL CAP...
Financial Services 0.69% 0.62% #34 5
Prev: #39
0.8 32,980 2.3%
P
S
1,437,153 $23,138,163 2016 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TY
TRI CONTL CORP
Financial Services 0.68% 0.60% #35 6
Prev: #41
2.3 53,917 8.3%
P
S
701,601 $22,914,289 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SHOP
SHOPIFY INC
PUT
PUT Option 0.65% 0.49% #36 12
Prev: #48
2.3 14,500 12.0%
P
S
135,200 $21,763,144 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EVTL
VERTICAL AEROSP...
Industrials 0.63% 0.58% #37 6
Prev: #43
0.8 -148,813 -3.6%
P
S
3,949,044 $21,048,405 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
WB
WEIBO CORP
Communication Services 0.61% 0.68% #38 5
Prev: #33
1.2 no change no change
P
S
2,015,063 $20,593,944 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GRX
GABELLI HLTHCAR...
Financial Services 0.61% 0.51% #39 7
Prev: #46
0.7 67,166 3.3%
P
S
2,118,201 $20,398,276 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DMA
DESTRA MULTI-AL...
Financial Services 0.59% 0.53% #40 4
Prev: #44
0.7 -14,496 -0.6%
P
S
2,220,648 $19,919,213 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ECF
ELLSWORTH GROWT...
Financial Services 0.58% 0.52% #41 4
Prev: #45
0.7 45,368 2.8%
P
S
1,680,620 $19,545,611 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BMBL
BUMBLE INC
Communication Services 0.57% 0.58% #42
Prev: #42
3.2 1,838,923 52.6%
P
S
5,337,549 $19,055,050 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
JOF
JAPAN SMALLER C...
Financial Services 0.54% 0.66% #43 8
Prev: #35
0.2 -644,054 -28.3%
P
S
1,632,530 $18,088,432 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SABA
SABA CAPITAL IN...
Financial Services 0.54% 0.66% #44 8
Prev: #36
0.7 -438,834 -16.7%
P
S
2,190,968 $18,075,486 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
GLO
CLOUGH GLOBAL O...
Bond/Debt 0.51% 0.42% #45 8
Prev: #53
2.2 377,341 14.1%
P
S
3,045,940 $17,240,020 2013 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DMB
BNY MELLON MUN ...
Financial Services 0.51% 0.37% #46 11
Prev: #57
2.7 315,971 25.3%
P
S
1,565,016 $17,199,526 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
REPUBLIC DIGITA...
Unknown 0.50% 0.46% #47 2
Prev: #49
0.7 -4,040 -0.2%
P
S
1,645,960 $16,665,345 13F Filing 2025-12-31 2026-02-14 (Est.)
N/A
WEN ACQUISITION...
Unknown 0.47% 0.43% #48 3
Prev: #51
1.2 no change no change
P
S
1,563,222 $15,788,542 13F Filing 2025-12-31 2026-02-14 (Est.)
BFZ
BLACKROCK CALIF...
Bond/Debt 0.41% 0.83% #49 22
Prev: #27
0.2 -1,468,713 -53.1%
P
S
1,299,311 $13,954,600 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IAE
VOYA ASIA PAC H...
Financial Services 0.39% 0.37% #50 6
Prev: #56
1.2 no change no change
P
S
1,816,687 $13,225,481 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 420 holdings

Unlock Full Saba Capital Management, L.P. Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics