>>>Saba Capital Management (Boaz Weinstein) discloses updated port

Saba Capital Management (Boaz Weinstein) discloses updated portfolio positions in 13F filing: New positions in JCP; closed position in PPT, increased position in GLO, AOD

Highlights from 2017 Q1 filing as compared to 2016 Q4 filing:
  • New positions in: JCP (~1.41 mln shares), SVU (~0.85 mln), AVP (~0.69 mln), RAD (~0.47 mln), MBI (~0.32 mln), EXXI (~0.26 mln), CNX (~0.22 mln)
  • Increased positions in: GLO (to ~5.45 mln shares from ~1.9 mln shares), AOD (to ~5.57 mln from ~3.66 mln), VRX (to ~2.32 mln from ~1 mln), GNW (to ~2.59 mln from ~1.4 mln), GAM (to ~1.18 mln from ~0.26 mln) GLQ (to ~2.47 mln from ~1.96 mln), EOD (to ~3.09 mln from ~2.58 mln)
  • Maintained positions in: DSU (~8.12 mln shares), ERC (~6.15 mln shares), AGC (~5.18 mln shares), FSD (~4.61 mln shares), CYH (~3.71 mln shares)
  • Closed positions in: PPT (from ~2.01 mln shares), BGB (from ~1.52 mln), AIF (from ~0.14 mln), BGX (from ~0.14 mln)
  • Decreased positions in: FTF (to ~1.72 mln shares from ~4.03 mln shares), CIF (to ~0.09 mln from ~1.19 mln), MCR (to ~0.67 mln from ~1.42 mln), EDD (to ~0.36 mln from ~1.1 mln), MMT (to ~0.52 mln from ~1.23 mln), BIT (to ~0.02 mln from ~0.4 mln), NFJ (to ~0.96 mln from ~1.29 mln), AGD (to ~0.88 mln from ~1.04 mln)