Destra Multi-Alternative Fund is a publicly traded company on NYSE. As of Q3 2025, 25 institutional investors hold shares in this company, with total holdings valued at $34.6M. Saba Capital Management, L.P. is the largest holder with a position valued at $19.3M.
Overview of institutional ownership in DMA as of Q3 2025
Institutions with the largest positions in DMA as of Q3 2025
| Institution | Position Value |
|---|---|
S Saba Capital Management, L.P. Hedge Fund•Multi-Strategy | $19.3M 0.65% of portfolio |
Deschutes Portfolio Strategy, LLC RIA/Wealth | $3.5M 1.58% of portfolio |
ABSOLUTE INVESTMENT ADVISERS LLC Hedge Fund•Multi-Strategy | $2.5M 3.35% of portfolio |
Bulldog Investors, LLC Hedge Fund•Activist | $2.4M 0.59% of portfolio |
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC RIA/Wealth | $2.0M 0.30% of portfolio |
Q Quarry LP Institution | $983.2K 0.27% of portfolio |
CF Capital LLC Hedge Fund•Sector | $509.8K 0.32% of portfolio |
IHT Wealth Management, LLC RIA/Wealth | $505.0K 0.01% of portfolio |
L LPL Financial LLC Institution | $456.9K 0.00% of portfolio |
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy | $396.5K 0.00% of portfolio |
Institutional buying and selling activity for DMA in Q3 2025
| Institution | Net Bought |
|---|---|
S Saba Capital Management, L.P. Hedge Fund•Multi-Strategy | +$2.4M +277.1K shares |
CF Capital LLC Hedge Fund•Sector | +$509.8K +59.0K shares |
IHT Wealth Management, LLC RIA/Wealth | +$505.0K +58.5K shares |
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC RIA/Wealth | +$501.2K +58.0K shares |
A Alpine Partners VI, LLC Institution | +$268.3K +31.1K shares |
Perigon Wealth Management, LLC RIA/Wealth | +$112.0K +13.0K shares |
Cetera Investment Advisers RIA/Wealth | +$98.5K +11.4K shares |
K K2 PRINCIPAL FUND, L.P. Institution | +$86.4K +10.0K shares |
Thomas J. Herzfeld Advisors, Inc. Long Only Manager | +$69.9K +-377.8K shares |
MORGAN STANLEY RIA/Wealth | +$40.0K +4.6K shares |
| Institution | Net Sold |
|---|---|
ABSOLUTE INVESTMENT ADVISERS LLC Hedge Fund•Multi-Strategy | −$2.9M −331.4K shares |
Bulldog Investors, LLC Hedge Fund•Activist | −$937.2K −108.5K shares |
Q Quarry LP Institution | −$755.0K −87.4K shares |
UBS Group AG Institution | −$237.8K −27.2K shares |
Chicago Partners Investment Group LLC RIA/Wealth | −$153.1K −17.7K shares |
ENVESTNET ASSET MANAGEMENT INC Long Only Manager | −$58.3K −6.7K shares |
RAYMOND JAMES FINANCIAL INC RIA/Wealth | −$49.9K −5.7K shares |
BANK OF AMERICA CORP /DE/ Institution | −$12.5K −1.4K shares |
L LPL Financial LLC Institution | −$4.1K −470.0 shares |
Institutions that initiated new positions or completely exited DMA in Q3 2025
| Institution | Position Value |
|---|---|
CF Capital LLC Hedge Fund•Sector | $509.8K 59.0K shares |
IHT Wealth Management, LLC RIA/Wealth | $505.0K 58.5K shares |
A Alpine Partners VI, LLC Institution | $268.3K 31.1K shares |
Perigon Wealth Management, LLC RIA/Wealth | $112.0K 13.0K shares |
Cetera Investment Advisers RIA/Wealth | $98.5K 11.4K shares |
Goss Wealth Management LLC RIA/Wealth | $4.3K 500.0 shares |
| Institution | Previous Position |
|---|---|
UBS Group AG Institution | $237.8K 27.2K shares |
RAYMOND JAMES FINANCIAL INC RIA/Wealth | $49.9K 5.7K shares |
BANK OF AMERICA CORP /DE/ Institution | $12.5K 1.4K shares |
Institutions with the largest Call and Put options positions in DMA as of Q3 2025
| Institution | Position Value |
|---|---|
| No call positions found | |
| Institution | Position Value |
|---|---|
| No put positions found | |
Institutions with DMA as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
ABSOLUTE INVESTMENT ADVISERS LLC Hedge Fund•Multi-Strategy | 3.35% $2.5M |
Deschutes Portfolio Strategy, LLC RIA/Wealth | 1.58% $3.5M |
S Saba Capital Management, L.P. Hedge Fund•Multi-Strategy | 0.65% $19.3M |
Bulldog Investors, LLC Hedge Fund•Activist | 0.59% $2.4M |
CF Capital LLC Hedge Fund•Sector | 0.32% $509.8K |
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC RIA/Wealth | 0.30% $2.0M |
Q Quarry LP Institution | 0.27% $983.2K |
K K2 PRINCIPAL FUND, L.P. Institution | 0.11% $299.9K |
W Weaver Consulting Group RIA/Wealth | 0.07% $260.7K |
A Alpine Partners VI, LLC Institution | 0.06% $268.3K |
Discover hedge funds investing in DMA

| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Semiconductors Technology | $1.3B | 13.35% | |
Software - Infrastructure Technology | $1.1B | 11.84% | |
Specialty Retail Consumer Cyclical | $1.0B | 11.12% |
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