Saba Capital Management, L.P. Buys FTAC Zeus Acquisition Corp, Semper Paratus Acquisition Corp, Founder SPAC, Sells Invesco Dynamic Credit Opportunities Fund, Reinvent Technology Partners Y, Invesco Senior Income Trust

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Mar 25, 2022
New York, NY, based Investment company Saba Capital Management, L.P. (Current Portfolio) buys FTAC Zeus Acquisition Corp, Semper Paratus Acquisition Corp, Founder SPAC, Blockchain Coinvestors Acquisition Corp I, Ascendant Digital Acquisition Corp III, sells Invesco Dynamic Credit Opportunities Fund, Reinvent Technology Partners Y, Invesco Senior Income Trust, Digital World Acquisition Corp, Guggenheim Enhanced Equity Income Fund during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Saba Capital Management, L.P.. As of 2021Q4, Saba Capital Management, L.P. owns 732 stocks with a total value of $6.6 billion. These are the details of the buys and sells.

For the details of Saba Capital Management, L.P.'s stock buys and sells, go to https://www.gurufocus.com/guru/saba+capital+management%2C+l.p./current-portfolio/portfolio

These are the top 5 holdings of Saba Capital Management, L.P.
  1. iShares iBoxx USD High Yield Corporate Bond ETF (HYG) - 9,500,000 shares, 12.56% of the total portfolio.
  2. PennyMac Financial Services Inc (PFSI) - 2,536,800 shares, 2.69% of the total portfolio.
  3. American Airlines Group Inc (AAL) - 9,315,300 shares, 2.54% of the total portfolio.
  4. Templeton Global Income Fund (GIM) - 29,674,178 shares, 2.34% of the total portfolio.
  5. TransDigm Group Inc (TDG) - 225,800 shares, 2.18% of the total portfolio.
New Purchase: FTAC Zeus Acquisition Corp (ZINGU)

Saba Capital Management, L.P. initiated holding in FTAC Zeus Acquisition Corp. The purchase prices were between $10 and $10.12, with an estimated average price of $10.07. The stock is now traded at around $10.000000. The impact to a portfolio due to this purchase was 0.55%. The holding were 3,620,065 shares as of 2021-12-31.

New Purchase: Semper Paratus Acquisition Corp (LGSTU)

Saba Capital Management, L.P. initiated holding in Semper Paratus Acquisition Corp. The purchase prices were between $10.06 and $10.15, with an estimated average price of $10.1. The stock is now traded at around $10.040000. The impact to a portfolio due to this purchase was 0.48%. The holding were 3,141,624 shares as of 2021-12-31.

New Purchase: Founder SPAC (FOUN)

Saba Capital Management, L.P. initiated holding in Founder SPAC. The purchase prices were between $9.85 and $9.95, with an estimated average price of $9.91. The stock is now traded at around $10.010100. The impact to a portfolio due to this purchase was 0.43%. The holding were 2,825,709 shares as of 2021-12-31.

New Purchase: Blockchain Coinvestors Acquisition Corp I (BCSAU)

Saba Capital Management, L.P. initiated holding in Blockchain Coinvestors Acquisition Corp I. The purchase prices were between $10.06 and $10.24, with an estimated average price of $10.15. The stock is now traded at around $10.065000. The impact to a portfolio due to this purchase was 0.39%. The holding were 2,556,611 shares as of 2021-12-31.

New Purchase: Ascendant Digital Acquisition Corp III (ACDI.U)

Saba Capital Management, L.P. initiated holding in Ascendant Digital Acquisition Corp III. The purchase prices were between $9.91 and $10.19, with an estimated average price of $10.1. The stock is now traded at around $10.170000. The impact to a portfolio due to this purchase was 0.38%. The holding were 2,434,142 shares as of 2021-12-31.

New Purchase: bleuacacia ltd (BLEUU)

Saba Capital Management, L.P. initiated holding in bleuacacia ltd. The purchase prices were between $10 and $10.1, with an estimated average price of $10.05. The stock is now traded at around $9.940000. The impact to a portfolio due to this purchase was 0.38%. The holding were 2,475,000 shares as of 2021-12-31.

Added: FTAC Hera Acquisition Corp (HERA)

Saba Capital Management, L.P. added to a holding in FTAC Hera Acquisition Corp by 109.87%. The purchase prices were between $9.73 and $9.83, with an estimated average price of $9.77. The stock is now traded at around $9.770000. The impact to a portfolio due to this purchase was 0.25%. The holding were 3,247,293 shares as of 2021-12-31.

Added: Glass Houses Acquisition Corp (GLHA)

Saba Capital Management, L.P. added to a holding in Glass Houses Acquisition Corp by 419.86%. The purchase prices were between $9.68 and $9.78, with an estimated average price of $9.72. The stock is now traded at around $9.740000. The impact to a portfolio due to this purchase was 0.22%. The holding were 1,854,292 shares as of 2021-12-31.

Added: CF Acquisition Corp IV (CFIV)

Saba Capital Management, L.P. added to a holding in CF Acquisition Corp IV by 124.40%. The purchase prices were between $9.74 and $9.82, with an estimated average price of $9.79. The stock is now traded at around $9.810000. The impact to a portfolio due to this purchase was 0.17%. The holding were 2,061,186 shares as of 2021-12-31.

Added: ScION Tech Growth I (SCOA)

Saba Capital Management, L.P. added to a holding in ScION Tech Growth I by 91.87%. The purchase prices were between $9.73 and $9.85, with an estimated average price of $9.78. The stock is now traded at around $9.800000. The impact to a portfolio due to this purchase was 0.16%. The holding were 2,231,699 shares as of 2021-12-31.

Added: Khosla Ventures Acquisition Co III (KVSC)

Saba Capital Management, L.P. added to a holding in Khosla Ventures Acquisition Co III by 400.00%. The purchase prices were between $9.76 and $10.01, with an estimated average price of $9.86. The stock is now traded at around $9.767000. The impact to a portfolio due to this purchase was 0.15%. The holding were 1,250,000 shares as of 2021-12-31.

Added: Empowerment & Inclusion Capital I Corp (EPWR)

Saba Capital Management, L.P. added to a holding in Empowerment & Inclusion Capital I Corp by 213.36%. The purchase prices were between $9.7 and $9.82, with an estimated average price of $9.76. The stock is now traded at around $9.790000. The impact to a portfolio due to this purchase was 0.15%. The holding were 1,469,433 shares as of 2021-12-31.

Sold Out: Invesco Dynamic Credit Opportunities Fund (VTA)

Saba Capital Management, L.P. sold out a holding in Invesco Dynamic Credit Opportunities Fund. The sale prices were between $11.45 and $11.76, with an estimated average price of $11.55.

Sold Out: Reinvent Technology Partners Y (RTPY)

Saba Capital Management, L.P. sold out a holding in Reinvent Technology Partners Y. The sale prices were between $9.91 and $10.05, with an estimated average price of $9.97.

Sold Out: Digital World Acquisition Corp (DWACU)

Saba Capital Management, L.P. sold out a holding in Digital World Acquisition Corp. The sale prices were between $10.1 and $108.84, with an estimated average price of $53.65.

Sold Out: Guggenheim Enhanced Equity Income Fund (GPM)

Saba Capital Management, L.P. sold out a holding in Guggenheim Enhanced Equity Income Fund. The sale prices were between $9.44 and $10.24, with an estimated average price of $9.9.

Sold Out: Nuveen Floating Rate Income Opp Fd (JRO)

Saba Capital Management, L.P. sold out a holding in Nuveen Floating Rate Income Opp Fd. The sale prices were between $9.89 and $10.13, with an estimated average price of $10.03.

Sold Out: Nuveen Diversified Dividend & Income Fund (JDD)

Saba Capital Management, L.P. sold out a holding in Nuveen Diversified Dividend & Income Fund. The sale prices were between $10.23 and $10.94, with an estimated average price of $10.69.

Reduced: Invesco Senior Income Trust (VVR)

Saba Capital Management, L.P. reduced to a holding in Invesco Senior Income Trust by 39.8%. The sale prices were between $4.32 and $4.51, with an estimated average price of $4.45. The stock is now traded at around $4.170000. The impact to a portfolio due to this sale was -0.6%. Saba Capital Management, L.P. still held 8,373,693 shares as of 2021-12-31.

Reduced: Gores Guggenheim Inc (GGPI)

Saba Capital Management, L.P. reduced to a holding in Gores Guggenheim Inc by 95.8%. The sale prices were between $10.01 and $15.33, with an estimated average price of $11.56. The stock is now traded at around $11.210700. The impact to a portfolio due to this sale was -0.43%. Saba Capital Management, L.P. still held 75,524 shares as of 2021-12-31.

Reduced: Blackstone Strategic Credit Fund (BGB)

Saba Capital Management, L.P. reduced to a holding in Blackstone Strategic Credit Fund by 84.75%. The sale prices were between $13.42 and $14.09, with an estimated average price of $13.84. The stock is now traded at around $12.620000. The impact to a portfolio due to this sale was -0.42%. Saba Capital Management, L.P. still held 224,954 shares as of 2021-12-31.

Reduced: PGIM Global High Yield Fund, Inc (GHY)

Saba Capital Management, L.P. reduced to a holding in PGIM Global High Yield Fund, Inc by 74.46%. The sale prices were between $14.78 and $15.7, with an estimated average price of $15.34. The stock is now traded at around $12.960000. The impact to a portfolio due to this sale was -0.35%. Saba Capital Management, L.P. still held 319,660 shares as of 2021-12-31.

Reduced: Apollo Tactical Income Fund Inc. (AIF)

Saba Capital Management, L.P. reduced to a holding in Apollo Tactical Income Fund Inc. by 60.3%. The sale prices were between $15.29 and $16, with an estimated average price of $15.66. The stock is now traded at around $13.860000. The impact to a portfolio due to this sale was -0.27%. Saba Capital Management, L.P. still held 463,842 shares as of 2021-12-31.

Reduced: Nuveen Global High Income Fund (JGH)

Saba Capital Management, L.P. reduced to a holding in Nuveen Global High Income Fund by 90.88%. The sale prices were between $15.16 and $16.24, with an estimated average price of $15.8. The stock is now traded at around $13.550000. The impact to a portfolio due to this sale was -0.22%. Saba Capital Management, L.P. still held 55,815 shares as of 2021-12-31.



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