SABA CAPITAL MANAGEMENT, L.P. purchased 5.4% of their position (86.75K shares) of DESTRA MULTI-ALTERNATIVE FUND on the open market
Open‑market purchase worth $727.9K — a moderate purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 7/18/2024ACC: 0001510281-24-000377
10% Owner
Since Aug 2023
+86.75K
Net shares
Net buyer
$727.9K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
86.75K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+9.08K
Price / share
$8.40
Trade value
$76.26K
% of position
0.6%
7/16/2024
1.60M→1.61M
Common Stock
Indirect
Shares
+77.67K
Price / share
$8.39
Trade value
$651.62K
% of position
4.8%
7/17/2024
1.61M→1.68M
Total
Net shares
+86.75K
Net value
$727.88K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 7/16/2024 | P · Purchase | +9.08K | $8.40 | $76.26K | 0.6% | 1.60M | 1.61M |
| Common Stock Indirect | 7/17/2024 | P · Purchase | +77.67K | $8.39 | $651.62K | 4.8% | 1.61M | 1.68M |
| Total | +86.75K | $727.88K | ||||||
Derivative Transactions0
No derivative transactions reported