Saba Capital Management, L.P. 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Saba Capital Management, L.P. disclosed 330 US equity positions worth $3.0bn in its Q4 2025 13F filing. The largest position was BLACKROCK ESG CAP ALLC TERM at 13.6% of the reported book, followed by ASA GOLD AND PRECIOUS MTLS L and GABELLI DIVID & INCOME TR. Against the Q3 2025 filing, it opened 1 new position, added to 24 and reduced 13 among the top 50 holdings.
What did Saba Capital Management, L.P. own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | BLACKROCK ESG CAP ALLC TERM | 13.6% | $405.1m | 26,336,257 | -5% | reduced | |
| 2 | ASA GOLD AND PRECIOUS MTLS L | 10.8% | $321.7m | 5,391,713 | 16% | added | |
| 3 | GABELLI DIVID & INCOME TR | 5.4% | $159.7m | 5,751,258 | -6% | reduced | |
| 4 | PIMCO DYNAMIC INCOME STRATEG | 4.3% | $127.6m | 6,796,130 | -9% | reduced | |
| 5 | GENERAL AMERN INVS CO INC | 4.1% | $122.5m | 2,085,885 | 2% | added | |
| 6 | VIRTUS DIVIDEND INTEREST & P | 3.7% | $111.4m | 8,640,031 | 15% | added | |
| 7 | NEUBERGER NEXT GENERATION | 3.7% | $111.1m | 7,695,235 | -0% | held | |
| 8 | BLACKROCK SCIENCE & TECHNOLO | 3.5% | $103.0m | 4,557,491 | 23% | added | |
| 9 | NYLI CBRE GBL INFR MEGTRNDS | 2.6% | $77.0m | 5,593,758 | -11% | reduced | |
| 10 | ADAM NAT RES FD INC | 2.0% | $58.7m | 2,698,250 | 0% | held | |
| 11 | BLUEROCK PVT REAL ESTATE FD | 1.5% | $46.1m | 3,074,615 | – | new | |
| 12 | BNY MELLON STRATEGIC MUNS IN | 1.3% | $38.6m | 6,076,820 | 7% | added | |
| 13 | NUVEEN PENNSYLVANIA QLT MUN | 1.2% | $35.7m | 2,998,620 | -36% | reduced | |
| 14 | ABRDN LIFE SCIENCES INVESTOR | 1.2% | $35.5m | 2,117,174 | -18% | reduced | |
| 15 | MEXICO FD INC | 1.1% | $34.1m | 1,691,300 | 32% | added | |
| 16 | BNY MELLON STRATEGIC MUN BD | 1.1% | $32.0m | 5,179,441 | 1% | added | |
| 17 | BLACKROCK ENHANCED GLOBAL DI | 1.0% | $29.9m | 2,555,063 | 7% | added | |
| 18 | ALLIANCEBERNSTEIN NATL MUN I | 1.0% | $29.9m | 2,760,256 | -10% | reduced | |
| 19 | HIGHLAND OPPS & INCOME FD | 0.9% | $28.0m | 4,674,016 | 25% | added | |
| 20 | ROYCE MICRO-CAP TR INC | 0.9% | $27.3m | 2,614,909 | 86% | added | |
| 21 | CNNE CANNAE HLDGS INC | Consumer Cyclical | 0.9% | $27.0m | 1,714,994 | 23% | added |
| 22 | NEW GERMANY FD INC | 0.8% | $25.2m | 2,210,555 | 13% | added | |
| 23 | MORGAN STANLEY INDIA INVT FD | 0.8% | $24.7m | 988,924 | -3% | reduced | |
| 24 | NUVEEN DOW 30 DYNMC OVERWRT | 0.8% | $24.4m | 1,599,746 | 55% | added | |
| 25 | ROYCE SMALL CAP TRUST INC | 0.8% | $23.1m | 1,437,153 | 2% | added | |
| 26 | TRI CONTL CORP | 0.8% | $22.9m | 701,601 | 8% | added | |
| 27 | VERTICAL AEROSPACE LTD | 0.7% | $21.0m | 3,949,044 | -4% | reduced | |
| 28 | WB WEIBO CORP | Communication Services | 0.7% | $20.6m | 2,015,063 | 0% | held |
| 29 | GABELLI HLTHCARE & WELLNESS | 0.7% | $20.4m | 2,118,201 | 3% | added | |
| 30 | DESTRA MULTI-ALTERNATIVE FD | 0.7% | $19.9m | 2,220,648 | -1% | reduced | |
| 31 | ELLSWORTH GROWTH & INCOME FD | 0.7% | $19.5m | 1,680,620 | 3% | added | |
| 32 | BMBL BUMBLE INC | Communication Services | 0.6% | $19.1m | 5,337,549 | 53% | added |
| 33 | JAPAN SMALLER CAPITALIZATION | 0.6% | $18.1m | 1,632,530 | -28% | reduced | |
| 34 | SABA CAPITAL INCOME & OPPORT | 0.6% | $18.1m | 2,190,968 | -17% | reduced | |
| 35 | CLOUGH GLOBAL OPPORTUNITIES | 0.6% | $17.2m | 3,045,940 | 14% | added | |
| 36 | BNY MELLON MUN BD INFRASTRUC | 0.6% | $17.2m | 1,565,016 | 25% | added | |
| 37 | REPUBLIC DIGITAL ACQUISITION | 0.6% | $16.7m | 1,645,960 | -0% | held | |
| 38 | WEN ACQUISITION CORP | 0.5% | $15.8m | 1,563,222 | 0% | held | |
| 39 | BLACKROCK CALIF MUN INCOME T | 0.5% | $14.0m | 1,299,311 | -53% | reduced | |
| 40 | VOYA ASIA PAC HIGH DIV EQT I | 0.4% | $13.2m | 1,816,687 | 0% | held | |
| 41 | PAGS PAGSEGURO DIGITAL LTD | Technology | 0.4% | $12.5m | 1,293,415 | 0% | held |
| 42 | TAIWAN FD INC | 0.4% | $12.1m | 226,694 | 0% | held | |
| 43 | SABR SABRE CORP | Technology | 0.4% | $12.1m | 8,879,182 | 47% | added |
| 44 | NEUBERGER ENGY INFRSTR & INC | 0.4% | $12.0m | 1,416,482 | 205% | added | |
| 45 | SNAP SNAP INC | Communication Services | 0.4% | $11.5m | 1,421,784 | 0% | held |
| 46 | CRWD CROWDSTRIKE HLDGS INC | Technology | 0.4% | $11.5m | 24,449 | 108% | added |
| 47 | MORGAN STANLEY CHINA A SH FD | 0.4% | $11.0m | 634,953 | 131% | added | |
| 48 | VOYA EMERGING MKTS HIGH DIVI | 0.4% | $11.0m | 1,748,915 | 0% | held | |
| 49 | PERIMETER ACQUISITION CORP I | 0.4% | $10.9m | 1,055,870 | 0% | held | |
| 50 | CAPITAL SOUTHWEST CORP | 0.3% | $10.0m | 10,000,000 | 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.