Skip to content
buyWeak

Saba Capital Management, L.P. bought $239k of DMA

owner at Destra Multi-Alternative Fund. 27,923 shares at an average of $8.57, traded Sep 5, 2025, filed Sep 8, 2025.

Conviction score
20
Value
$239k
27,923 shares
Holdings after
2,166,195
+1% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    10% owner
    +12
  • Trade size
    $239k at market
    +13
  • Relative to holdings
    Holdings up 1.3%
    0
  • Price context
    No price history yet
    0
  • Cluster
    No other insider buying within 14 days
    0
  • Repeat buying
    3 buys in 90 days
    +5
  • Track record
    Median 6-month excess return -2% over 8 past buys
    -5
  • Outside holder
    A 10% owner who is not an officer or director
    -5

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +1.6%, 3m +1.7%, 6m -4.8%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

DMAOct 9, 2026 · close 7.48
Since filing Sep 8, 2025: -2.4%SPY +21.6% · excess -24.0%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001510281-25-000457, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 5, 2025POpen-market purchase
Common Stockindirect: -
+27,923$8.57$239k2,166,195Sep 8, 2025

Related signals

Other insiders at Destra Multi-Alternative Fund and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
20Weak
DMAbuy
Destra Multi-Alternative Fund
Robert A. Watson
PRESIDENT
$4,639
537 shares
+3%
23Weak
DMAbuy
Destra Multi-Alternative Fund
Robert A. Watson
PRESIDENT
$7,221
838 shares
+6%
26Weak
DMAbuy
Destra Multi-Alternative Fund
Saba Capital Management, L.P.
owner
$589k
68,449 shares
+3%
2Weak
DMAbuy
Destra Multi-Alternative Fund
Saba Capital Management, L.P.
owner
$4,290
500 shares
+0%
22Weak
DMAbuy
Destra Multi-Alternative Fund
Saba Capital Management, L.P.
owner
$362k
41,802 shares
+2%
35Weak
DMAbuy
Destra Multi-Alternative Fund
Saba Capital Management, L.P.
owner
$1.2M
138,416 shares
+7%
7Weak
DMAbuy
Destra Multi-Alternative Fund
Saba Capital Management, L.P.
owner
$28k
3,300 shares
+0%
18Weak
DMAbuy
Destra Multi-Alternative Fund
Saba Capital Management, L.P.
owner
$167k
19,595 shares
+1%
22Weak
DMAbuy
Destra Multi-Alternative Fund
Saba Capital Management, L.P.
owner
$365k
42,913 shares
+2%
22Weak
DMAbuy
Destra Multi-Alternative Fund
Saba Capital Management, L.P.
owner
$335k
39,683 shares
+2%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.