Saba Capital Management, L.P.

CIK

1510281

Location

NEW YORK, NY

Portfolio Value

Micro $14,554,694

Diversification

Diversified

Filing Date

Global Rank

#845 / 8,578 ▲ 50

Top Industry

Asset Management 67.6%

3Y Alpha vs SPY

-3.6%

Period ended 3 months ago

Filed May 20, 2026 · 26d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+59.2%

SPY

+74.2%

Annualised alpha

-3.6%

Max drawdown

−16.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

197 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

10.7%

−2.1 pts

Top 5

31.2%

−4.6 pts

Top 10

47.0%

−3.4 pts

HHI

330

Diversified−75

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	73.6%	$2,527,863,825	109
Technology	11.3%	$389,070,007	27
Consumer Cyclical	6.0%	$206,768,459	14
Communication Services	4.3%	$147,123,877	9
Industrials	2.7%	$92,592,502	8
Real Estate	0.7%	$23,086,504	7
Consumer Defensive	0.5%	$15,722,951	3
Healthcare	0.4%	$14,554,694	7
Unclassified	0.3%	$11,697,197	4
Basic Materials	0.2%	$5,342,937	5
Utilities	0.0%	$1,341,796	2
Energy	0.0%	$1,079,139	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
EVTL	Vertical Aerospace Ltd.	+7,691,459	11,640,503	$25,725,511
SNAP	Snap Inc	+3,306,024	4,727,808	$21,747,916
BPRE	Bluerock Private Real Estate Fund	+1,691,498	4,766,113	$79,165,136
NFJ	Virtus Dividend, Interest & Premium Strategy Fund	+1,573,163	10,213,194	$128,788,376
MBAV	M3-Brigade Acquisition V Corp.	+1,570,771	1,585,000	$17,022,900
SKYA	SkyAI, Inc.	+1,309,236	1,511,988	$2,540,139
NWL	Newell Brands Inc.	+1,162,985	1,795,447	$6,158,383
BSTZ	BlackRock Science & Technology Term Trust	+974,104	5,531,595	$122,524,829
CYH	Community Health Systems Inc	+881,031	1,281,839	$3,768,606
NAKA	Nakamoto Inc.	+812,002	4,796,541	$1,060,035
NCV	Virtus Convertible & Income Fund	+570,704	723,578	$10,766,840
ASA	ASA Gold & Precious Metals Ltd	+511,988	5,903,701	$366,206,573
HFRO	Highland Opportunities & Income Fund	+473,221	5,147,237	$29,390,723
WB	WEIBO Corp	+422,294	2,437,357	$21,326,873
GF	New Germany Fund Inc	+384,585	2,595,140	$26,522,330
RMT	Royce Micro-Cap Trust, Inc.	+350,491	2,965,400	$33,538,674
NML	Neuberger Energy Infrastructure & Income Fund Inc.	+326,572	1,743,054	$18,319,497
NVDA	Nvidia Corp	+299,089	543,068	$94,711,059
HPP	Hudson Pacific Properties, Inc.	+276,459	831,868	$4,916,339
CPB	CAMPBELL'S Co	+267,372	315,406	$7,024,091
UIS	Unisys Corp	+240,476	1,791,963	$3,709,363
TSLA	Tesla, Inc.	+192,708	323,969	$120,435,475
BAX	Baxter International Inc	+152,822	239,395	$4,021,836
KF	Korea Fund Inc	+148,522	218,139	$9,794,441
KW	Kennedy-Wilson Holdings, Inc.	+132,943	219,000	$2,369,580
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ECAT	BlackRock ESG Capital Allocation Term Trust	−4,314,094	22,022,163	$299,060,973
SABR	Sabre Corp	−2,389,029	6,490,153	$9,410,721
AFB	Alliancebernstein National Municipal Income Fund	−2,300,935	459,321	$4,910,141
BOE	BlackRock Enhanced Global Dividend Trust	−1,988,746	566,317	$6,206,834
MEGI	NYLI CBRE Global Infrastructure Megatrends Term Fund	−1,498,302	4,095,456	$60,162,248
HQL	abrdn Life Sciences Investors	−1,169,828	947,346	$15,413,319
GDV	Gabelli Dividend & Income Trust	−644,798	5,106,460	$137,516,967
APXT	Apex Treasury Corp	−484,882	115,118	$1,144,272
PCQ	Pimco California Municipal Income Fund	−444,506	692,065	$5,937,917
IHD	Voya Emerging Markets High Dividend Equity Fund	−443,329	1,305,586	$8,695,202
PEO	Adams Natural Resources Fund, Inc.	−435,589	2,262,661	$62,901,975
PDX	PIMCO Dynamic Income Strategy Fund	−380,043	6,416,087	$141,538,879
BW	Babcock & Wilcox Enterprises, Inc.	−380,000	301,105	$4,423,232
RFMZ	RiverNorth Flexible Municipal Income Fund II, Inc.	−317,379	288,116	$3,644,667
DYOR	Insight Digital Partners II	−302,151	91,214	$908,035
WIW	Western Asset Inflation-Linked Opportunities & Income Fund	−283,992	140,585	$1,189,349
ONCH	1RT Acquisition Corp.	−250,000	524,932	$5,322,810
RDAG	Republic Digital Acquisition Co	−250,000	1,395,960	$14,280,670
GAM	General American Investors Co Inc	−246,292	1,839,593	$107,561,002
IIF	Morgan Stanley India Investment Fund, Inc.	−233,027	755,897	$15,556,360
PURR	Hyperliquid Strategies Inc	−228,701	471,964	$2,402,296
RAAQ	Real Asset Acquisition Corp.	−215,100	582,146	$6,112,533
SWZ	Total Return Securities Fund	−201,144	404,080	$2,396,194
EVAC	EQV Ventures Acquisition Corp. II	−200,000	559,738	$5,647,756
IAE	Voya Asia Pacific High Dividend Equity Income Fund	−197,934	1,618,753	$11,930,209
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
FSK	FS KKR Capital Corp	3,509,748	$35,729,234
APO	Apollo Global Management, Inc.	267,669	$29,823,679
ARES	Ares Management Corp	241,097	$26,303,682
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	1,537,423	$24,706,387
BX	Blackstone Inc.	211,134	$24,278,298
PLTR	Palantir Technologies Inc.	139,421	$20,394,503
OXLC	Oxford Lane Capital Corp.	1,852,145	$18,113,978
OIM	OneIM Acquisition Corp.	1,511,646	$15,055,994
TASK	TaskUs, Inc.	2,088,765	$14,015,613
MRVL	Marvell Technology, Inc.	140,000	$13,867,000
BMEZ	BlackRock Health Sciences Term Trust	759,506	$10,906,506
ZTR	Virtus Total Return Fund Inc.	1,134,735	$7,511,945
FVAV	Fortress Value Acquisition Corp. V	600,000	$6,018,000
CMII	Columbus Circle Capital Corp II	600,000	$5,898,000
AIO	Virtus Artificial Intelligence & Technology Opportunities Fund	243,827	$5,220,336
SVIV	Spring Valley Acquisition Corp. IV	511,515	$5,048,653
BTX	BlackRock Technology & Private Equity Term Trust	764,197	$5,043,700
NCZ	Virtus Convertible & Income Fund II	351,755	$4,717,034
SAAQ	Space Asset Acquisition Corp.	398,444	$3,968,502
KRAQ	KRAKacquisition Corp	383,786	$3,784,129
HCAC	Hall Chadwick Acquisition Corp	370,315	$3,677,227
NFLX	Netflix Inc	32,403	$3,115,548
CEPS	Cantor Equity Partners VI, Inc.	300,000	$3,030,000
PNI	Pimco New York Municipal Income Fund II	434,145	$2,973,893
EFR	Eaton Vance Senior Floating-Rate Trust	261,756	$2,758,908
No positions match the current search.

Sold Out

Positions the filer fully exited

21 positions

Ticker	Company	Shares	Value
NQP	NUVEEN PENNSYLVANIA QUALITY MUNICIPAL INCOME FUND	2,998,620	$35,653,591
DIAX	Nuveen Dow 30sm Dynamic Overwrite Fund	1,599,746	$24,412,123
RVT	Royce Small-Cap Trust, Inc.	1,437,153	$23,138,163
ABNB	Airbnb, Inc.	72,765	$9,875,665
BIDU	Baidu, Inc.	53,823	$7,032,513
SW	Smurfit Westrock plc	137,389	$5,312,832
CORZ	Core Scientific, Inc./tx	300,000	$4,368,000
FMN	Federated Hermes Premier Municipal Income Fund	365,326	$4,058,771
ETW	Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund	438,995	$4,047,533
TACO	Berto Acquisition Corp.	350,000	$3,549,000
AES	Aes Corp	224,982	$3,226,241
HEQ	John Hancock Diversified Income Fund	281,328	$3,024,276
AIIA	AI Infrastructure Acquisition Corp.	227,000	$2,256,380
ABUS	Arbutus Biopharma Corp	347,885	$1,673,326
NU	Nu Holdings Ltd.	94,800	$1,586,952
NBH	Neuberger Municipal Fund Inc.	110,116	$1,114,373
NMAI	Nuveen Multi-Asset Income Fund	75,279	$981,638
VFL	abrdn National Municipal Income Fund	85,645	$879,574
FUSE	Fusemachines Inc.	67,711	$111,723
CRML	Critical Metals Corp.	10,000	$69,400
KEEL	Keel Infrastructure Corp.	19,100	$44,885
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

7 positions · $14,554,694 total · Healthcare only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BAX	Baxter International Inc Healthcare	Added	239,395	+152,822	$4,021,836	+143.1%	27.63%
CYH	Community Health Systems Inc Healthcare	Added	1,281,839	+881,031	$3,768,606	+201.4%	25.89%
EMBC	Embecta Corp. Healthcare	Added	384,609	+36,000	$3,399,943	−17.9%	23.36%
THC	Tenet Healthcare Corp Healthcare	NEW	5,899	NEW	$1,113,200	NEW	7.65%
AIRS	Airsculpt Technologies, Inc. Healthcare	Held	313,043	0	$885,911	+42.9%	6.09%
CMPS	COMPASS Pathways plc Healthcare	Held	151,033	0	$835,212	−19.9%	5.74%
RNA	Atrium Therapeutics, Inc. Healthcare	NEW	39,640	NEW	$529,986	NEW	3.64%