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
↑ +2
Streak
2Q ▲
Buyers last Q
53%

Smart Money Signals — SABA

Based on 86 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added SABA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
86 hedge funds hold SABA right now — the highest count in 2.0 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 — +5% more funds vs a year ago

fund count last 6Q
+4 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

36 buying32 selling
Last quarter: 36 funds bought or added vs 32 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.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 8 → 7 → 17 → 11. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

Mostly new holders — 26% entered in last year

■ 0% conviction (2yr+) ■ 74% medium ■ 26% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
📈

Growing discovery — still being found

14 → 8 → 7 → 17 → 11 new funds/Q
New funds entering each quarter: 8 → 7 → 17 → 11. A growing number of institutions are discovering SABA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 0% veterans, 30% new entrants

■ 0% veterans ■ 70% 1-2yr ■ 30% new
Of 86 current holders: 0 (0%) held 2+ years, 60 held 1–2 years, 26 (30%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 8% AUM from top-100

8% from top-100 AUM funds
11 of 86 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 Q1, 36 hedge funds were net buyers of SABA (11 opened a new position, 25 added to an existing one), while 32 reduced or exited (23 trimmed, 9 sold completely) — a 53% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 86.

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

-- --

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

Is It Too Late to Buy Saba Capital Income & Opport (SABA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SABA has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 74d ago
SABA
-0.5%
XLF
+6.6%

SABA outperformed XLF by -7.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 29d ago
SABA
-2.5%
XLF
+3.0%

Since the filing became public, SABA outperformed XLF by -5.5% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 1 high-conviction
Consensus
2.6
/ 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 Q1) Prior (2025 Q4) Change
Funds Holding 85 84 1.19%
13F Shares 14M 14M -3.01%
Total Value $117M $120M -2.44%
New Positions 10 17 -7
Increased Positions 25 20 +5
Closed Positions 9 5 +4
Reduced Positions 23 27 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SABA

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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Quantify Chaos Advisors, LLC 5.00% 192,605 $1.6M
2 Rpo LLC 3.17% 123,146 $1.0M
3 Thomas J. Herzfeld Advisors, Inc. 2.19% 774,518 $6.4M
4 Flax Pond Capital, LLC 2.00% 299,313 $2.5M
5 Closed-End Fund Advisors, Inc. 1.70% 200,529 $1.7M
6 Shaker Financial Services, LLC 1.68% 580,372 $4.8M
7 Rivernorth Capital Management, LLC 1.19% 2,857,603 $23.8M
8 Hara Capital LLC 1.17% 281,766 $2.3M
9 Comprehensive Money Management Services LLC 0.69% 125,898 $1.0M
10 Almitas Capital LLC 0.65% 347,826 $2.9M
11 Saba Capital Management, L.P. 0.50% 2,190,968 $18.2M
12 Blue Bell Private Wealth Management, LLC 0.37% 306,601 $2.6M
13 TrueMark Investments, LLC 0.36% 224,709 $1.9M
14 Winter & Associates, Inc. 0.29% 39,673 $333K
15 Catalina Capital Group, LLC 0.23% 47,012 $391K
16 Legacy Financial Independent Advisors LLC 0.22% 50,341 $419K
17 Gridiron Partners, LLC 0.20% 38,655 $322K
18 Visionary Horizons, LLC 0.19% 45,776 $381K
19 Melfa Wealth Management, INC. 0.08% 16,875 $140K
20 Css LLC/Il 0.07% 171,108 $1.4M
21 Patron Partners, LLC 0.06% 16,490 $137K
22 Advisors Asset Management, Inc. 0.04% 260,396 $2.2M
23 Shrier Wealth Management, LLC 0.03% 11,306 $94K
24 Gilman Hill Asset Management, LLC 0.03% 25,000 $208K
25 Harbour Capital Advisors, LLC 0.03% 18,000 $153K
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?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added SABA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for SABA?

Slight buying edge — 53% buying: Last quarter: 36 funds bought or added vs 32 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 — 8% AUM from top-100: 11 of 86 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held SABA?

Mostly new holders — 26% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Saba Capital Income & Opport (SABA) following the 2026 Q1 hedge fund 13F filings?

As of today, SABA has moved -2.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.0% for the XLF sector ETF — an outperformance of -5.5%. Since the quarter end (March 31, 2026), SABA has gained -0.5% vs +6.6% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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