Saba Capital Management, L.P.

View all activity View 13F on SEC

Data as of Q4 2025

Institutional investor tracked via SEC 13F filings. Portfolio snapshot as of 2025-12-31.SEC EDGAR Source

Assets Under Management

$3B

Total Positions

330

New This Quarter

Filing Period

2025-12-31

Portfolio Allocation

Top holdings by portfolio weight

ECAT12.04%

ASA9.56%

XGDVX4.75%

PDX3.79%

GAM3.64%

NFJ3.31%

NBXG3.30%

BSTZ3.06%

MEGI2.29%

PEO1.74%

Other13.71%

Position Outcomes

Best and worst performing positions by estimated return

Top Winners

HOUS5Q held

ANYWHERE REAL ESTATE INC

Avg $3.39 · $812,598 est. P&L

Est. P&L

+320.04%

IREN4Q held

IREN LIMITED

Avg $10.67 · $1.9M est. P&L

Est. P&L

+258.81%

VISN5Q held

COMMSCOPE HLDG CO INC

Avg $5.26 · $1.8M est. P&L

Est. P&L

+247.53%

Top Losers

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View plans

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Top Holdings(Showing 25 of 325 — sorted by value)

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Activity:

Stock	Shares	Value	Weight	Price Trend	Avg Buy	Est. P&L	Held	Conviction
ECAT BLACKROCK ESG CAP ALLC TERM	26.3M	$405.1M	12.0%	—	$12.84	+17.13%	5 qtrs	Decreased 0
ASA ASA GOLD AND PRECIOUS MTLS L	5.4M	$321.7M	9.6%	—	$32.19	+87.13%	5 qtrs	Increased 69
XGDVX GABELLI DIVID & INCOME TR	5.8M	$159.7M	4.7%	—	$27.68	+12.05%	5 qtrs	Decreased 0
PDX PIMCO DYNAMIC INCOME STRATEG COM SH	6.8M	$127.6M	3.8%	—	$20.68	-10.86%	5 qtrs	Decreased 0
GAM GENERAL AMERN INVS CO INC C	2.1M	$122.5M	3.6%	—	$47.64	+23.43%	5 qtrs	Increased 56
NFJ VIRTUS DIVIDEND INTEREST & P	8.6M	$111.4M	3.3%	—	$11.69	+10.69%	5 qtrs	Increased 63
NBXG NEUBERGER BERMAN NEXT GENERA	7.7M	$111.1M	3.3%	—	$11.57	+24.53%	5 qtrs	Decreased 0
BSTZ BLACKROCK SCIENCE & TECHNOLO	4.6M	$103M	3.1%	—	$18.88	+18.84%	5 qtrs	Increased 67
MEGI NYLI CBRE GBL INFR MEGTRNDS	5.6M	$77M	2.3%	—	$10.89	+25.46%	5 qtrs	Decreased 0
PEO ADAM NAT RES FD INC	2.7M	$58.7M	1.7%	—	$19.15	+12.27%	5 qtrs	Increased 46
BPRE BLUEROCK PVT REAL ESTATE FD C	3.1M	$46.1M	1.4%	—	$14.80	0.00%	1 qtr	New 67
LEO BNY MELLON STRATEGIC MUNS IN	6.1M	$38.6M	1.1%	—	$5.75	+9.48%	5 qtrs	Increased 49
NQP NUVEEN PENNSYLVANIA QLT MUN C	3M	$35.7M	1.1%	—	$10.08	+16.37%	5 qtrs	Decreased 0
HQL ABRDN LIFE SCIENCES INVESTOR	2.1M	$35.5M	1.1%	—	$11.55	+45.71%	5 qtrs	Decreased 0
MXF MEXICO FD INC	1.7M	$34.1M	1.0%	—	$18.03	+10.96%	3 qtrs	Increased 58
DSM BNY MELLON STRATEGIC MUN BD	5.2M	$32M	0.9%	—	$5.49	+10.53%	5 qtrs	Increased 41
XBOEX BLACKROCK ENHANCED GLOBAL DI	2.6M	$29.9M	0.9%	—	$12.22	+5.79%	5 qtrs	Increased 43
AFB ALLIANCEBERNSTEIN NATL MUN I	2.8M	$29.9M	0.9%	—	$10.24	+4.30%	5 qtrs	Decreased 0
HFRO HIGHLAND OPPS & INCOME FD	4.7M	$28M	0.8%	—	$5.62	+6.17%	3 qtrs	Increased 50
RMT ROYCE MICRO-CAP TR INC	2.6M	$27.3M	0.8%	—	$10.19	+3.41%	5 qtrs	Increased 63
CNNE CANNAE HLDGS INC	1.7M	$27M	0.8%	—	$18.63	-15.76%	5 qtrs	Increased 49
GF NEW GERMANY FD INC	2.2M	$25.2M	0.8%	—	$8.71	+29.99%	5 qtrs	Increased 46
IIF MORGAN STANLEY INDIA INVT FD	988,924	$24.7M	0.7%	—	$24.14	+3.24%	5 qtrs	Decreased 0
DIAX NUVEEN DOW 30 DYNMC OVERWRT	1.6M	$24.4M	0.7%	—	$14.41	+5.86%	5 qtrs	Increased 57
RVT ROYCE SMALL CAP TRUST INC	1.4M	$23.1M	0.7%	—	$15.56	+3.70%	2 qtrs	Increased 41
Showing 25 of 325 results.PROUpgrade to see all →

Accumulation Streaks

Positions with 2+ consecutive quarters of increases — persistent directional conviction.

Security

GLOCLOUGH GLOBAL OPPORTUNITIES

Q1 2025 → Q4 2025+649,514 shares+$5M

GFNEW GERMANY FD INC

Q1 2025 → Q4 2025+632,567 shares+$12.9M

LEOBNY MELLON STRATEGIC MUNS IN

Q1 2025 → Q4 2025+1.1M shares+$8.9M

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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer