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Asset Manager ← All Institutions

Saba Capital Management, L.P.

Q2 2025 · Filed 2025-08-14
Market Value
$3.5B
Holdings
256
+27
New Purchases
58
Added To
63
Closed
32
Reduced
42
Top 10 Concentration
53.5%
Turnover
35.2%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BIGZ 12.70% 10.83% +1.87% $445M
GDV 5.02% 4.37% +0.65% $176M
WENNU 0.59% 0.00% +0.59% $21M
GAM 2.88% 2.32% +0.56% $101M
RDAGU 0.56% 0.00% +0.56% $19M
NBXG 3.19% 2.68% +0.51% $112M
ETOR 0.49% 0.00% +0.49% $17M
MXF 0.43% 0.00% +0.43% $15M
EVTL 0.83% 0.40% +0.43% $29M
BMBL 0.80% 0.38% +0.42% $28M
IAE 0.36% 0.00% +0.36% $13M
HFRO 0.34% 0.00% +0.34% $12M
AMAT 0.33% 0.00% +0.33% $11M
XOM 0.32% 0.00% +0.32% $11M
PCAPU 0.31% 0.00% +0.31% $11M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BMEZ 0.00% 8.82% -8.82% $0
BCAT 3.37% 4.85% -1.48% $118M
ADX 1.78% 2.42% -0.64% $62M
NXJ 0.74% 1.27% -0.52% $26M
ASGI 0.00% 0.51% -0.51% $0
HQH 0.07% 0.56% -0.48% $3M
AOD 0.00% 0.38% -0.38% $0
TBLD 0.00% 0.28% -0.28% $0
MPA 0.36% 0.63% -0.27% $13M
EMO 0.00% 0.26% -0.26% $0
DAL 0.00% 0.21% -0.21% $0
NPCT 0.00% 0.19% -0.19% $0
NMAI 0.64% 0.82% -0.18% $22M
MUC 0.54% 0.72% -0.17% $19M
CPZ 0.02% 0.20% -0.17% $874K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 6 $38M 1.1%
Large Cap 19 $58M 1.7%
Mid Cap 24 $337M 9.6%
Small Cap 78 $2.5B 70.6%
Micro Cap 129 $597M 17.0%

Portfolio Analytics

Avg Market Cap
$46.7B
Median Market Cap
$291M
Avg P/E
28.9
Median P/E
14.9
Avg Dividend Yield
0.04%
Avg Beta
0.97
# Stocks
174
# ETFs / Funds
82

Top Holdings (256 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 ECAT 13.11% 28,605,041 $459M $16.06 $8M
2 BIGZ 12.70% 60,675,395 $445M $7.34 $66M
3 PDX 5.29% 7,527,897 $186M $24.65 $484K -14,037 -0.2%
4 GDV 5.02% 6,768,149 $176M $26.01 $23M +419,570 +6.6%
5 BCAT 3.37% 7,802,473 $118M $15.14 -$52M -4,007,058 -33.9%
6 NBXG 3.19% 7,663,379 $112M $14.60 $18M
7 ASA 2.93% 3,253,837 $103M $31.57 $5M
8 GAM 2.88% 1,802,645 $101M $56.04 $20M +186,111 +11.5%
9 MEGI 2.54% 6,259,969 $89M $14.21 $6M +24,951 +0.4%
10 BSTZ 2.44% 4,127,740 $86M $20.75 -$1M -777,908 -15.9%
11 ADX 1.78% 2,870,153 $62M $21.71 -$22M -1,592,803 -35.7%
12 PEO 1.75% 2,877,339 $61M $21.37 -$4M -11,654 -0.4%
13 NQP 1.62% 5,058,973 $57M $11.22
14 BFZ 1.45% 4,692,717 $51M $10.81 -$1M -59,643 -1.3%
15 EVM 1.16% 4,544,380 $41M $8.92 $3M +520,656 +12.9%
16 CNNE 1.15% 1,935,921 $40M $20.85 $7M +101,089 +5.5%
17 HQL 1.10% 3,017,539 $39M $12.81 -$2M -170,866 -5.4%
18 MHI 1.10% 4,201,829 $38M $9.16 $475K +69,926 +1.7%
19 ENX 1.03% 3,898,946 $36M $9.29 $3M +367,604 +10.4%
20 MAV 0.95% 4,015,961 $33M $8.30 $576K +93,072 +2.4%
21 LEO 0.94% 5,581,552 $33M $5.92 $2M +466,783 +9.1%
22 AFB 0.93% 3,149,020 $32M $10.31 -$2M
23 EVTL 0.83% 4,315,701 $29M $6.77 $15M +116,258 +2.8%
24 DSM 0.82% 5,152,591 $29M $5.60 $4M +902,043 +21.2%
25 IIF 0.82% 1,016,952 $29M $28.23 $10M +265,891 +35.4%
26 BMBL 0.80% 4,252,362 $28M $6.59 $15M +1,173,753 +38.1%
27 TYG 0.78% 625,915 $27M $43.89 -$4M -111,546 -15.1%
28 NXJ 0.74% 2,300,764 $26M $11.35 -$18M -1,472,137 -39.0%
29 MIO 0.73% 2,161,352 $26M $11.80 $584K +47,715 +2.3%
30 SABA 0.72% 2,764,970 $25M $9.19 -$133K -171,015 -5.8%
31 WB 0.71% 2,617,357 $25M $9.53 $3M +258,000 +10.9%
32 BOE 0.70% 2,172,011 $25M $11.35 $5M +346,084 +18.9%
33 GF 0.66% 1,938,389 $23M $11.94 $6M +231,730 +13.6%
34 NMAI 0.64% 1,771,563 $22M $12.63 -$6M -606,550 -25.5%
35 WENNU 0.59% 1,963,229 $21M $10.57 +1,963,229 NEW
36 JOF 0.58% 2,107,155 $20M $9.64 $7M +522,110 +32.9%
37 RDAGU 0.56% 1,900,000 $19M $10.26 +1,900,000 NEW
38 BTT 0.55% 877,113 $19M $21.89 $2M +74,529 +9.3%
39 MUC 0.54% 1,836,624 $19M $10.35 -$6M -504,049 -21.5%
40 TEAF 0.54% 1,549,226 $19M $12.24 $3M +165,662 +12.0%
41 GRX 0.53% 1,976,875 $19M $9.45 -$1M +20,387 +1.0%
42 MHN 0.50% 1,798,909 $18M $9.82 -$2M -98,660 -5.2%
43 ETOR 0.49% 260,000 $17M $66.59 +260,000 NEW
44 NBH 0.49% 1,746,177 $17M $9.83 -$2M -86,957 -4.7%
45 DMA 0.49% 1,958,054 $17M $8.75 $2M +219,653 +12.6%
46 ECF 0.48% 1,627,221 $17M $10.25 $4M +223,234 +15.9%
47 BCX 0.45% 1,674,206 $16M $9.45 $2M +145,111 +9.5%
48 MXF 0.43% 866,862 $15M $17.57 +866,862 NEW
49 SNAP 0.43% 1,729,048 $15M $8.69 $10M +1,125,366 +186.4%
50 GLO 0.41% 2,655,724 $14M $5.43 $3M +251,847 +10.5%
51 DMB 0.38% 1,287,011 $13M $10.22 $11K +43,620 +3.5%
52 IAE 0.36% 1,816,687 $13M $7.04 $13M +1,792,989 +7566.0%
53 MPA 0.36% 1,177,841 $13M $10.79 -$9M -794,168 -40.3%
54 PAGS 0.36% 1,293,415 $12M $9.64 -$2M -627,970 -32.7%
55 UBER 0.34% 128,836 $12M $93.30 $9M +88,198 +217.0%
56 HFRO 0.34% 2,271,159 $12M $5.20 +2,271,159 NEW
57 JEQ 0.33% 1,516,469 $11M $7.54 $5M +513,700 +51.2%
58 AMAT 0.33% 62,421 $11M $183.07 +62,421 NEW
59 XOM 0.32% 102,458 $11M $107.80 +102,458 NEW
60 PCAPU 0.31% 1,000,000 $11M $10.72 +1,000,000 NEW
61 GNT 0.30% 1,693,672 $11M $6.29 -$346K -112,505 -6.2%
62 IHD 0.30% 1,748,915 $10M $5.94 $5M +719,056 +69.8%
63 DIAX 0.29% 712,188 $10M $14.34 $6M +421,086 +144.7%
64 EOD 0.29% 1,888,921 $10M $5.39 $522K -62,452 -3.2%
65 NML 0.27% 1,047,478 $9M $9.00 -$1M -121,622 -10.4%
66 PCK 0.27% 1,758,771 $9M $5.36 -$419K +12,944 +0.7%
67 RA 0.26% 693,898 $9M $13.37 $667K +39,574 +6.0%
68 BIDU 0.26% 107,068 $9M $85.76 -$671K
69 BA 0.26% 43,368 $9M $209.53 +43,368 NEW
70 DAAQU 0.25% 850,000 $9M $10.48 +850,000 NEW
71 STHO 0.25% 1,108,520 $9M $7.81 -$1M -28,540 -2.5%
72 CXE 0.24% 2,387,798 $9M $3.58 $250K +138,837 +6.2%
73 RAAQU 0.24% 822,246 $8M $10.15 +822,246 NEW
74 TACO 0.21% 700,000 $7M $10.42 +700,000 NEW
75 IREN 0.20% 490,100 $7M $14.57 $4M -92,472 -15.9%
76 DJT 0.20% 388,802 $7M $18.04 +388,802 NEW
77 MSFT 0.19% 13,230 $7M $497.41 +13,230 NEW
78 MYN 0.19% 682,211 $7M $9.53 -$5M -523,903 -43.4%
79 SOC 0.18% 291,402 $6M $21.98 -$988K
80 LNC 0.17% 170,125 $6M $34.60 $1M +42,500 +33.3%
81 TWN 0.16% 123,446 $6M $44.81 $4M +88,192 +250.2%
82 MFM 0.15% 1,041,627 $5M $5.17 $2M +357,881 +52.3%
83 CEV 0.15% 551,061 $5M $9.69 -$1M -87,676 -13.7%
84 HPP 0.15% 1,940,488 $5M $2.74 -$401K +2,320 +0.1%
85 CAEP 0.15% 500,000 $5M $10.55 +500,000 NEW
86 GDS 0.15% 167,174 $5M $30.57 $1M +13,000 +8.4%
87 IPCXU 0.15% 500,000 $5M $10.21 +500,000 NEW
88 NVDA 0.14% 31,754 $5M $157.99 +31,754 NEW
89 CORZ 0.14% 285,000 $5M $17.07 $3M +30,286 +11.9%
90 TDF 0.14% 484,570 $5M $9.99 +484,570 NEW
91 BCV 0.14% 252,145 $5M $18.90 $243K -7,535 -2.9%
92 MUR 0.13% 206,140 $5M $22.50 $888K +74,090 +56.1%
93 VERX 0.13% 125,076 $4M $35.33 $273K +6,641 +5.6%
94 TY 0.12% 131,968 $4M $31.66 +131,968 NEW
95 COMM 0.12% 487,184 $4M $8.28 $1M -83,234 -14.6%
96 FMN 0.11% 374,908 $4M $10.64 -$82K
97 ERH 0.11% 339,783 $4M $11.55 -$198K -34,346 -9.2%
98 ABUS 0.11% 1,260,129 $4M $3.09 $475K +280,613 +28.6%
99 AES 0.11% 369,582 $4M $10.52 +369,582 NEW
100 GLQ 0.11% 535,253 $4M $7.12 $503K +8,977 +1.7%

Options Breakdown

0 Calls $0 Call Value 19 Puts $587M Put Value

Top Puts

SymbolSharesValueStatus
MSFT 205,800 $102M NEW
AMD 515,700 $73M NEW
UBER 683,100 $64M NEW
BA 298,300 $63M NEW
AMAT 332,100 $61M NEW
XOM 545,300 $59M NEW
WDC 550,800 $35M NEW
MOS 952,600 $35M NEW
NVDA 183,000 $29M NEW
F-PD 2,642,800 $29M NEW

New Positions

SymbolValue% Port
WENNU $21M 0.59%
RDAGU $19M 0.56%
ETOR $17M 0.49%
MXF $15M 0.43%
HFRO $12M 0.34%
AMAT $11M 0.33%
XOM $11M 0.32%
PCAPU $11M 0.31%
BA $9M 0.26%
DAAQU $9M 0.25%
RAAQU $8M 0.24%
TACO $7M 0.21%
DJT $7M 0.20%
MSFT $7M 0.19%
CAEP $5M 0.15%

Sold Out Positions

SymbolValue% Port
VPV —%
BMEZ —%
EMO —%
PCQ —%
LGI —%
AOD —%
ASGI —%
DAL —%
NPCT —%
AAL —%
CAR —%
PDD —%
GRMLW —%
KFIIU —%
TBLD —%
View SEC EDGAR Filings for Saba Capital Management, L.P. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms