Saba Capital Management, L.P. 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Saba Capital Management, L.P. disclosed 306 US equity positions worth $3.0bn in its Q3 2025 13F filing. The largest position was BLACKROCK ESG CAP ALLC TERM at 15.1% of the reported book, followed by ASA GOLD AND PRECIOUS MTLS L and PIMCO DYNAMIC INCOME STRATEG. Against the Q2 2025 filing, it opened 2 new positions, added to 16 and reduced 21 among the top 50 holdings.
What did Saba Capital Management, L.P. own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | BLACKROCK ESG CAP ALLC TERM | 15.1% | $455.9m | 27,800,724 | -3% | reduced | |
| 2 | ASA GOLD AND PRECIOUS MTLS L | 7.0% | $213.3m | 4,656,677 | 43% | added | |
| 3 | PIMCO DYNAMIC INCOME STRATEG | 6.2% | $186.7m | 7,489,207 | -1% | reduced | |
| 4 | GABELLI DIVID & INCOME TR | 5.5% | $165.9m | 6,114,312 | -10% | reduced | |
| 5 | GENERAL AMERN INVS CO INC | 4.2% | $127.0m | 2,041,561 | 13% | added | |
| 6 | NEUBERGER BERMAN NEXT GENERA | 3.9% | $118.8m | 7,721,404 | 1% | added | |
| 7 | VIRTUS DIVIDEND INTEREST & P | 3.2% | $97.7m | 7,507,958 | -2% | reduced | |
| 8 | NYLI CBRE GBL INFR MEGTRNDS | 3.0% | $91.9m | 6,259,969 | 0% | held | |
| 9 | BLACKROCK SCIENCE & TECHNOLO | 2.7% | $81.9m | 3,693,995 | -11% | reduced | |
| 10 | ADAM NAT RES FD INC | 1.9% | $57.8m | 2,687,324 | -7% | reduced | |
| 11 | NUVEEN PENNSYLVANIA QLT MUN | 1.9% | $56.6m | 4,718,866 | -7% | reduced | |
| 12 | EATON VANCE CALIF MUN BD FD | 1.4% | $43.1m | 4,544,380 | 0% | held | |
| 13 | ABRDN LIFE SCIENCES INVESTOR | 1.3% | $40.1m | 2,586,652 | -14% | reduced | |
| 14 | EATON VANCE NEW YORK MUN BD | 1.3% | $38.4m | 3,898,946 | 0% | held | |
| 15 | BNY MELLON STRATEGIC MUNS IN | 1.2% | $35.6m | 5,698,819 | 2% | added | |
| 16 | ALLIANCEBERNSTEIN NATL MUN I | 1.1% | $33.4m | 3,081,299 | -2% | reduced | |
| 17 | BNY MELLON STRATEGIC MUN BD | 1.0% | $30.5m | 5,152,591 | 0% | held | |
| 18 | BLACKROCK CALIF MUN INCOME T | 1.0% | $30.3m | 2,768,024 | -41% | reduced | |
| 19 | ADAMS DIVERSIFIED EQUITY FD | 1.0% | $29.9m | 1,339,238 | -53% | reduced | |
| 20 | BLACKROCK ENHANCED GLOBAL DI | 0.9% | $27.7m | 2,394,538 | 10% | added | |
| 21 | MORGAN STANLEY INDIA INVT FD | 0.9% | $26.8m | 1,016,952 | 0% | held | |
| 22 | CNNE CANNAE HLDGS INC | Consumer Cyclical | 0.8% | $25.5m | 1,391,463 | -28% | reduced |
| 23 | MEXICO FD INC | 0.8% | $25.2m | 1,277,694 | 47% | added | |
| 24 | WB WEIBO CORP | Communication Services | 0.8% | $25.0m | 2,015,063 | -23% | reduced |
| 25 | JAPAN SMALLER CAPITALIZATION | 0.8% | $24.0m | 2,276,584 | 8% | added | |
| 26 | SABA CAPITAL INCOME & OPPORT | 0.8% | $24.0m | 2,629,802 | -5% | reduced | |
| 27 | HIGHLAND OPPS & INCOME FD | 0.8% | $23.7m | 3,729,880 | 64% | added | |
| 28 | ROYCE SMALL CAP TRUST INC | 0.7% | $22.6m | 1,404,173 | – | new | |
| 29 | NEW GERMANY FD INC | 0.7% | $22.6m | 1,954,112 | 1% | added | |
| 30 | TRI CONTL CORP | 0.7% | $22.0m | 647,684 | 391% | added | |
| 31 | BMBL BUMBLE INC | Communication Services | 0.7% | $21.3m | 3,498,626 | -18% | reduced |
| 32 | VERTICAL AEROSPACE LTD | 0.7% | $21.3m | 4,097,857 | -5% | reduced | |
| 33 | DESTRA MULTI-ALTERNATIVE FD | 0.6% | $19.3m | 2,235,144 | 14% | added | |
| 34 | ELLSWORTH GROWTH & INCOME FD | 0.6% | $19.0m | 1,635,252 | 0% | held | |
| 35 | GABELLI HLTHCARE & WELLNESS | 0.6% | $18.6m | 2,051,035 | 4% | added | |
| 36 | TORTOISE SUSTAINABLE & SOCIA | 0.6% | $18.2m | 1,549,226 | 0% | held | |
| 37 | REPUBLIC DIGITAL ACQUISITION | 0.6% | $16.8m | 1,650,000 | -13% | reduced | |
| 38 | BLACKROCK CAP ALLOCATION TER | 0.5% | $15.9m | 1,078,049 | -86% | reduced | |
| 39 | WEN ACQUISITION CORP | 0.5% | $15.8m | 1,563,222 | – | new | |
| 40 | NUVEEN DOW 30 DYNMC OVERWRT | 0.5% | $15.4m | 1,034,426 | 45% | added | |
| 41 | CLOUGH GLOBAL OPPORTUNITIES | 0.5% | $15.2m | 2,668,599 | 0% | held | |
| 42 | ROYCE MICRO-CAP TR INC | 0.5% | $14.6m | 1,408,081 | 418% | added | |
| 43 | BLACKROCK N Y MUN INCOME TRU | 0.5% | $13.8m | 1,361,044 | -25% | reduced | |
| 44 | VOYA ASIA PAC HIGH DIV EQT I | 0.5% | $13.6m | 1,816,687 | 0% | held | |
| 45 | BNY MELLON MUN BD INFRASTRUC | 0.4% | $13.4m | 1,249,045 | -3% | reduced | |
| 46 | PAGS PAGSEGURO DIGITAL LTD | Technology | 0.4% | $12.9m | 1,293,415 | 0% | held |
| 47 | BLACKROCK RES & COMMODITIES | 0.4% | $12.8m | 1,260,680 | -25% | reduced | |
| 48 | TAIWAN FD INC | 0.4% | $12.3m | 226,694 | 84% | added | |
| 49 | SABR SABRE CORP | Technology | 0.4% | $11.1m | 6,050,565 | 484% | added |
| 50 | VOYA EMERGING MKTS HIGH DIVI | 0.4% | $11.0m | 1,748,915 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.