Who Owns Destra Multi-Alternative Fund Stock?
NYSE: DMAFinanceTrusts Except Educational Religious and CharitableUSD
Market open · Delayed 15 min · as of Oct 9, 9:46 AM ET
Ownership breakdown
- Held by institutions
- 61.84%
- Held by insiders
- 0.00%
- Institutional holders
- 34
- Institutions 61.8%
- Insiders 0.0%
- Public and other 38.2%
Who owns Destra Multi-Alternative Fund stock?
Institutional investors own about 61.8% of Destra Multi-Alternative Fund's shares, spread across 34 institutions that file 13F reports. That level of institutional ownership is moderate. Insiders, including executives, directors and large founding shareholders, hold 0.00% of DMA.
The largest institutional holders are Saba Capital Management, L.P. (24.78%), Atlas Wealth LLC (12.15%) and Matisse Capital (5.08%). Together, the top 10 institutions control 54.7% of shares outstanding. In their latest filings, 6 of the top 10 institutions increased their DMA positions and 1 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of DMA
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Saba Capital Management, L.P. | 2.22M | 24.78% | 0.0% |
| Atlas Wealth LLC | 1.09M | 12.15% | +100.0% |
| Matisse Capital | 455.00K | 5.08% | +10.4% |
| Absolute Investment Advisers, Llc | 284.41K | 3.17% | +3.9% |
| Blue Bell Private Wealth Management, LLC | 261.59K | 2.92% | +6.1% |
| Closed-end Fund Advisors, Inc. | 209.21K | 2.33% | +4.2% |
| Bulldog Investors, LLP | 126.11K | 1.41% | 0.0% |
| Quarry LP | 102.78K | 1.15% | -0.7% |
| Royal Bank of Canada | 85.00K | 0.95% | 0.0% |
| LPL Financial LLC | 71.20K | 0.79% | +1.7% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of DMA
| Fund | Shares | % Held |
|---|---|---|
| Starboard Investment Trust-Matisse Discounted Closed-End Fund Strategy | 268.00K | 2.99% |
| Exchange Listed Funds Trust-Saba Closed-End Funds ETF | 267.24K | 2.98% |
| Modern Capital Funds Trust-Modern Capital Tactical Income Fund | 90.25K | 1.01% |
| Special Opportunities Fund, Inc. | 72.74K | 0.81% |
| Saba Capital Income & Opportunities Fund | 56.77K | 0.63% |
| High Income Securities Fund | 53.37K | 0.60% |
| Unified Series Trust-Absolute CEF Opportunities | 14.82K | 0.17% |
| Saba Capital Income & Opportunities Fund II | 2.95K | 0.03% |
| Rydex Variable Trust-Multi-Hedge Strategies Fund | 171 | 0.00% |
| Rydex Series Funds-Guggenheim Multi-Hedge Strategies Fund | 60 | 0.00% |
Frequently asked questions
Who is the largest shareholder of Destra Multi-Alternative Fund?
Saba Capital Management, L.P. is the largest institutional shareholder of DMA, owning 24.78% of shares outstanding (2.22M shares) as of its latest 13F filing.
What percentage of Destra Multi-Alternative Fund is owned by institutions?
Institutions own about 61.8% of DMA shares and 61.8% of the public float.
How much of Destra Multi-Alternative Fund do insiders own?
Insiders, such as officers and directors, own about 0.00% of DMA shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.