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Asset Manager ← All Institutions

Saba Capital Management, L.P.

Q3 2025 · Filed 2025-11-14
Market Value
$2.8B
-19.6%
Holdings
256
New Purchases
32
Added To
37
Closed
33
Reduced
72
Top 10 Concentration
55.2%
Turnover
25.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ASA 7.56% 2.93% +4.63% $213M
ECAT 16.17% 13.11% +3.06% $456M
GAM 4.50% 2.88% +1.62% $127M
PDX 6.62% 5.29% +1.33% $187M
NBXG 4.21% 3.19% +1.02% $119M
GDV 5.88% 5.02% +0.86% $166M
RVT 0.80% 0.00% +0.80% $23M
MEGI 3.26% 2.54% +0.72% $92M
TY 0.78% 0.12% +0.66% $22M
WENN 0.56% 0.00% +0.56% $16M
HFRO 0.84% 0.34% +0.50% $24M
BSTZ 2.90% 2.44% +0.46% $82M
MXF 0.89% 0.43% +0.46% $25M
RMT 0.52% 0.07% +0.45% $15M
NQP 2.01% 1.62% +0.39% $57M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BIGZ 0.00% 12.70% -12.70% $0
BCAT 0.57% 3.37% -2.80% $16M
MHI 0.00% 1.10% -1.10% $0
MAV 0.00% 0.95% -0.95% $0
TYG 0.04% 0.78% -0.75% $988K
MIO 0.00% 0.73% -0.73% $0
ADX 1.06% 1.78% -0.72% $30M
NXJ 0.14% 0.74% -0.60% $4M
WENNU 0.00% 0.59% -0.59% $0
BTT 0.04% 0.55% -0.51% $1M
MHN 0.00% 0.50% -0.50% $0
ETOR 0.05% 0.49% -0.45% $1M
BFZ 1.07% 1.45% -0.37% $30M
MPA 0.00% 0.36% -0.36% $0
MUC 0.23% 0.54% -0.31% $6M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 8 $35M 1.2%
Large Cap 20 $55M 2.0%
Mid Cap 25 $297M 10.5%
Small Cap 87 $2.0B 70.0%
Micro Cap 116 $459M 16.3%

Portfolio Analytics

Avg Market Cap
$54.9B
Median Market Cap
$334M
Avg P/E
31.5
Median P/E
14.7
Avg Dividend Yield
0.04%
Avg Beta
0.98
# Stocks
177
# ETFs / Funds
79

Top Holdings (256 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 ECAT 16.17% 27,800,724 $456M $16.40 -$3M -804,317 -2.8%
2 ASA 7.56% 4,656,677 $213M $45.80 $111M +1,402,840 +43.1%
3 PDX 6.62% 7,489,207 $187M $24.93 $1M -38,690 -0.5%
4 GDV 5.88% 6,114,312 $166M $27.13 -$10M -653,837 -9.7%
5 GAM 4.50% 2,041,561 $127M $62.21 $26M +238,916 +13.2%
6 NBXG 4.21% 7,721,404 $119M $15.38 $7M +58,025 +0.8%
7 MEGI 3.26% 6,259,969 $92M $14.68 $3M
8 BSTZ 2.90% 3,693,995 $82M $22.16 -$4M -433,745 -10.5%
9 PEO 2.05% 2,687,324 $58M $21.52 -$4M -190,015 -6.6%
10 NQP 2.01% 4,718,866 $57M $12.00 -$135K -340,107 -6.7%
11 EVM 1.53% 4,544,380 $43M $9.49 $3M
12 HQL 1.42% 2,586,652 $40M $15.51 $1M -430,887 -14.3%
13 ENX 1.36% 3,898,946 $38M $9.86 $2M
14 LEO 1.26% 5,698,819 $36M $6.25 $3M +117,267 +2.1%
15 AFB 1.19% 3,081,299 $33M $10.85 $966K -67,721 -2.1%
16 DSM 1.08% 5,152,591 $31M $5.92 $2M
17 BFZ 1.07% 2,768,024 $30M $10.95 -$20M -1,924,693 -41.0%
18 ADX 1.06% 1,339,238 $30M $22.30 -$32M -1,530,915 -53.3%
19 BOE 0.98% 2,394,538 $28M $11.57 $3M +222,527 +10.2%
20 IIF 0.95% 1,016,952 $27M $26.35 -$2M
21 CNNE 0.90% 1,391,463 $25M $18.31 -$15M -544,458 -28.1%
22 MXF 0.89% 1,277,694 $25M $19.70 $10M +410,832 +47.4%
23 WB 0.89% 2,015,063 $25M $12.40 $43K -602,294 -23.0%
24 JOF 0.85% 2,276,584 $24M $10.54 $4M +169,429 +8.0%
25 SABA 0.85% 2,629,802 $24M $9.12 -$1M -135,168 -4.9%
26 HFRO 0.84% 3,729,880 $24M $6.35 $12M +1,458,721 +64.2%
27 RVT 0.80% 1,404,173 $23M $16.13 +1,404,173 NEW
28 GF 0.80% 1,954,112 $23M $11.56 -$555K +15,723 +0.8%
29 TY 0.78% 647,684 $22M $34.00 $18M +515,716 +390.8%
30 BMBL 0.76% 3,498,626 $21M $6.09 -$7M -753,736 -17.7%
31 EVTL 0.75% 4,097,857 $21M $5.19 -$8M -217,844 -5.0%
32 DMA 0.68% 2,235,144 $19M $8.64 $2M +277,090 +14.2%
33 ECF 0.67% 1,635,252 $19M $11.60 $2M +8,031 +0.5%
34 GRX 0.66% 2,051,035 $19M $9.07 -$79K +74,160 +3.8%
35 TEAF 0.65% 1,549,226 $18M $11.76 -$751K
36 RDAGU 0.60% 1,650,000 $17M $10.21 -$3M -250,000 -13.2%
37 BCAT 0.57% 1,078,049 $16M $14.79 -$102M -6,724,424 -86.2%
38 WENN 0.56% 1,563,222 $16M $10.12 +1,563,222 NEW
39 DIAX 0.55% 1,034,426 $15M $14.89 $5M +322,238 +45.2%
40 GLO 0.54% 2,668,599 $15M $5.70 $790K +12,875 +0.5%
41 RMT 0.52% 1,408,081 $15M $10.39 $12M +1,136,467 +418.4%
42 IAE 0.48% 1,816,687 $14M $7.50 $833K
43 DMB 0.47% 1,249,045 $13M $10.70 $212K -37,966 -3.0%
44 PAGS 0.46% 1,293,415 $13M $10.00 $466K
45 BCX 0.45% 1,260,680 $13M $10.17 -$3M -413,526 -24.7%
46 TWN 0.44% 226,694 $12M $54.12 $7M +103,248 +83.6%
47 SABR 0.39% 6,050,565 $11M $1.83 $8M +5,014,256 +483.9%
48 IHD 0.39% 1,748,915 $11M $6.27 $577K
49 SNAP 0.39% 1,421,784 $11M $7.71 -$4M -307,264 -17.8%
50 NBH 0.37% 1,012,131 $10M $10.32 -$7M -734,046 -42.0%
51 NMAI 0.34% 734,195 $10M $12.98 -$13M -1,037,368 -58.6%
52 PCQ 0.33% 1,079,027 $9M $8.72 +1,079,027 NEW
53 BIDU 0.32% 69,068 $9M $131.77 -$81K -38,000 -35.5%
54 DAAQU 0.31% 850,000 $9M $10.19 -$246K
55 NVDA 0.30% 45,569 $9M $186.58 $3M +13,815 +43.5%
56 AMD 0.30% 52,055 $8M $161.79 $6M +32,077 +160.6%
57 STHO 0.30% 1,012,616 $8M $8.23 -$324K -95,904 -8.7%
58 CXE 0.29% 2,218,692 $8M $3.72 -$295K -169,106 -7.1%
59 RAAQU 0.29% 797,246 $8M $10.22 -$198K -25,000 -3.0%
60 BCSS 0.29% 800,000 $8M $10.09 +800,000 NEW
61 BA 0.27% 34,779 $8M $215.83 -$2M -8,589 -19.8%
62 GNT 0.26% 1,045,186 $7M $7.03 -$3M -648,486 -38.3%
63 TACO 0.26% 700,000 $7M $10.40 -$14K
64 BCV 0.24% 314,539 $7M $21.88 $2M +62,394 +24.8%
65 QCOM 0.23% 39,004 $6M $166.36 +39,004 NEW
66 MUC 0.23% 596,597 $6M $10.85 -$13M -1,240,027 -67.5%
67 DJT 0.23% 388,802 $6M $16.42 -$630K
68 TDF 0.22% 539,260 $6M $11.65 $1M +54,690 +11.3%
69 GDS 0.22% 160,000 $6M $38.70 $1M -7,174 -4.3%
70 CRWD 0.20% 11,739 $6M $490.38 +11,739 NEW
71 EOD 0.20% 996,353 $6M $5.70 -$5M -892,568 -47.2%
72 UBER 0.20% 57,158 $6M $97.97 -$6M -71,678 -55.6%
73 LNC 0.19% 134,392 $5M $40.33 -$466K -35,733 -21.0%
74 BNC 0.19% 683,174 $5M $7.80 +683,174 NEW
75 BDCIU 0.19% 525,000 $5M $10.10 +525,000 NEW
76 HPP 0.18% 1,876,339 $5M $2.76 -$138K -64,149 -3.3%
77 CAEP 0.18% 500,000 $5M $10.32 -$115K
78 VERX 0.18% 203,474 $5M $24.79 $625K +78,398 +62.7%
79 MFM 0.18% 918,910 $5M $5.39 -$432K -122,717 -11.8%
80 SHOP 0.17% 32,224 $5M $148.61 +32,224 NEW
81 AMAT 0.17% 22,948 $5M $204.74 -$7M -39,473 -63.2%
82 CAF 0.16% 275,011 $5M $16.65 $2M +121,184 +78.8%
83 MUR 0.16% 160,298 $5M $28.41 -$84K -45,842 -22.2%
84 JEQ 0.15% 551,552 $4M $7.88 -$7M -964,917 -63.6%
85 CEPF 0.15% 406,500 $4M $10.19 +406,500 NEW
86 FMN 0.15% 374,908 $4M $11.04 $150K
87 EMBC 0.15% 292,209 $4M $14.11 $449K -87,000 -22.9%
88 AES 0.15% 311,582 $4M $13.16 $212K -58,000 -15.7%
89 GLQ 0.14% 535,253 $4M $7.61 $260K
90 NML 0.14% 464,003 $4M $8.72 -$5M -583,475 -55.7%
91 NXJ 0.14% 319,759 $4M $12.41 -$22M -1,981,005 -86.1%
92 GLV 0.13% 628,316 $4M $5.95 $310K +24,209 +4.0%
93 UIS 0.13% 935,855 $4M $3.90 $97K +151,558 +19.3%
94 CEV 0.13% 352,693 $4M $10.08 -$2M -198,368 -36.0%
95 REAL 0.12% 327,967 $3M $10.63 $1M -165,971 -33.6%
96 TONX 0.12% 488,263 $3M $7.04 +488,263 NEW
97 WGO 0.12% 101,884 $3M $33.44 $452K
98 HOUS 0.12% 309,691 $3M $10.59 $891K -350,152 -53.1%
99 XOM 0.11% 28,466 $3M $112.75 -$8M -73,992 -72.2%
100 PHD 0.11% 319,614 $3M $9.96 $45K

Options Breakdown

0 Calls $0 Call Value 24 Puts $631M Put Value

Top Puts

SymbolSharesValueStatus
BA 390,500 $84M
AMD 483,000 $78M
NVDA 377,100 $70M
WDC 559,000 $67M
MSFT 105,800 $55M
AMAT 216,200 $44M
UBER 383,100 $38M
QCOM 221,000 $37M NEW
XOM 295,300 $33M
CRWD 49,200 $24M NEW

New Positions

SymbolValue% Port
RVT $23M 0.80%
WENN $16M 0.56%
PCQ $9M 0.33%
BCSS $8M 0.29%
QCOM $6M 0.23%
CRWD $6M 0.20%
BNC $5M 0.19%
BDCIU $5M 0.19%
SHOP $5M 0.17%
CEPF $4M 0.15%
TONX $3M 0.12%
PDD $3M 0.10%
TSLA $3M 0.10%
OLN $3M 0.10%
CHW $3M 0.10%

Sold Out Positions

SymbolValue% Port
MYN —%
ACH —%
BAC —%
NU —%
RA —%
PNI —%
SOC —%
UBS —%
MUJ —%
GRFS —%
GRML —%
AEF —%
PCAPU —%
WDC —%
PACH —%
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