SABA CAPITAL MANAGEMENT, L.P. purchased 11.6% of their position (159.85K shares) of DESTRA MULTI-ALTERNATIVE FUND on the open market
Open‑market purchase worth $1.34M — a moderate purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 7/15/2024ACC: 0001510281-24-000371
10% Owner
Since Aug 2023
+159.85K
Net shares
Net buyer
$1.34M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
159.85K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+99.57K
Price / share
$8.40
Trade value
$836.38K
% of position
7.2%
7/11/2024
1.38M→1.48M
Common Stock
Indirect
Shares
+60.28K
Price / share
$8.41
Trade value
$506.95K
% of position
4.1%
7/12/2024
1.48M→1.54M
Total
Net shares
+159.85K
Net value
$1.34M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 7/11/2024 | P · Purchase | +99.57K | $8.40 | $836.38K | 7.2% | 1.38M | 1.48M |
| Common Stock Indirect | 7/12/2024 | P · Purchase | +60.28K | $8.41 | $506.95K | 4.1% | 1.48M | 1.54M |
| Total | +159.85K | $1.34M | ||||||
Derivative Transactions0
No derivative transactions reported