Destra Multi-Alternative Fund (DMA) shareholders
DMANYSEFiscal year ends March 31
$6.94−0.01 (-0.14%)
Close on Nov 13, 2026Market cap –P/E –Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
5M
Shares held, 13F filers
Institutional holders
29
4 new, 2 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
6 buys · 0 sales
Net bought $4.64K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Saba Capital Management, L.P. Joint filing with Boaz R. Weinstein (24.94%), Saba Capital Management GP, LLC (24.94%) | 2,235,144 | 24.94% | 13D (active) amendment | Sep 9, 2025 |
| Saba Capital Management GP, LLC Joint filing with Saba Capital Management, L.P. (22.70%), Boaz R. Weinstein (22.70%) | 2,034,481 | 22.70% | 13D (active) amendment | Jul 28, 2025 |
| Boaz R. Weinstein Joint filing with Saba Capital Management, L.P. (21.59%), Saba Capital Management GP, LLC (21.59%) | 1,935,159 | 21.59% | 13D (active) amendment | May 12, 2025 |
| Matisse Capital | 455,000 | 5.10% | 13G (passive) | Jun 30, 2026 |
| Almitas Capital LLC | 451,699 | 5.04% | 13G (passive) | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of DMA | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Saba Capital Management, L.P. | 2,220,648 | – | $16.61M | – | 0.43% |
| Atlas Wealth LLC | 1,089,162 | – | $8.15M | New | 1.16% |
| Matisse Capital | 455,000 | – | $3.40M | +43,000 | 1.36% |
| Absolute Investment Advisers, LLC | 284,406 | – | $2.13M | +10,710 | 0.21% |
| Blue Bell Private Wealth Management, LLC | 261,589 | – | $1.96M | +14,936 | 0.24% |
| Closed-End Fund Advisors, Inc. | 209,212 | – | $1.56M | +8,383 | 1.53% |
| Bulldog Investors, LLP | 126,112 | – | $943.32K | – | 0.21% |
| Quarry LP | 102,777 | – | $768.77K | −676 | 0.06% |
| Royal Bank of Canada | 85,000 | – | $636.00K | – | 0.00% |
| LPL Financial LLC | 71,200 | – | $532.58K | +1,170 | 0.00% |
| IHT Wealth Management, LLC | 68,139 | – | $509.68K | −4,123 | 0.01% |
| Altium Capital Management LP | 54,723 | – | $409.33K | – | 0.86% |
| Evolve Private Wealth, LLC | 46,576 | – | $348.39K | −4,256 | 0.02% |
| Capstone Investment Advisors, LLC | 45,894 | – | $343.29K | – | 0.00% |
| Almitas Capital LLC | 45,193 | – | $338.04K | – | 0.08% |
| K2 Principal Fund, L.P. | 34,709 | – | $259.62K | – | 0.02% |
| Chicago Partners Investment Group LLC | 31,140 | – | $239.94K | +1,005 | 0.00% |
| North Ground Capital | 30,000 | – | $224.40K | −25,059 | 0.27% |
| Osaic Holdings, Inc. | 27,038 | – | $202.29K | +2,955 | 0.00% |
| Alpine Global Management, LLC | 18,501 | – | $138.39K | −8,460 | 0.02% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 29 | 5M | 4 / 7 | 8 / 2 | 1M | 0M |
| Q1 2026 | 27 | 4M | 2 / 8 | 8 / 6 | 0M | 0M |
| Q4 2025 | 31 | 4M | 6 / 10 | 7 / 2 | 0M | 0M |
| Q3 2025 | 27 | 4M | 7 / 8 | 7 / 3 | 1M | 1M |
| Q2 2025 | 23 | 4M | 3 / 7 | 9 / 2 | 0M | 1M |
| Q1 2025 | 23 | 5M | 3 / 5 | 10 / 1 | 0M | 1M |
| Q4 2024 | 21 | 5M | 3 / 9 | 5 / 0 | 0M | 0M |
| Q3 2024 | 18 | 5M | 0 / 5 | 9 / 4 | 1M | 1M |
| Q2 2024 | 22 | 5M | 3 / 8 | 7 / 1 | 1M | 0M |
| Q1 2024 | 20 | 5M | 2 / 8 | 6 / 3 | 1M | 1M |
| Q4 2023 | 21 | 5M | 3 / 10 | 6 / 2 | 1M | 1M |
| Q3 2023 | 20 | 4M | 5 / 7 | 4 / 1 | 2M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
6 funds held DMA in Q2 2026, 42% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of DMA | Value | % of fund | As of |
|---|---|---|---|---|---|
| Matisse Discounted Closed-End Fund Strategy | 268,000 | – | $2.00M | 2.67% | Jun 30, 2026 |
| Saba Closed-End Funds ETF | 267,238 | – | $1.93M | 0.46% | May 31, 2026 |
| Modern Capital Tactical Income Fund | 90,249 | – | $675.06K | 0.99% | Jun 30, 2026 |
| Absolute Cef Opportunities | 15,552 | – | $116.33K | 2.38% | Jun 30, 2026 |
| Multi-Hedge Strategies Fund | 171 | – | $1.28K | 0.00% | Jun 30, 2026 |
| Guggenheim Multi-Hedge Strategies Fund | 60 | – | $449 | 0.00% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Robert A. Watson | PRESIDENT | 51,195 | Mar 2, 2026 |
| Peter Sattelmair | Assistant Treasurer | – | May 6, 2025 |
| Kenneth B. Merritt | Assistant Secretary | 1,235 | Apr 29, 2025 |
| Saba Capital Management, L.P. | 10% owner | 2,220,648 | Dec 2, 2025 |
| Boaz Weinstein | 10% owner | 2,138,272 | Sep 11, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Robert A. Watson PRESIDENT | Feb 27, 2026 | Buy | +168 | $8.64 | $1.45K | 17,048 |
| Robert A. Watson PRESIDENT | Feb 27, 2026 | Buy | +19 | $8.64 | $164 | 16,880 |
| Robert A. Watson PRESIDENT | Feb 27, 2026 | Buy | +249 | $8.68 | $2.16K | 17,297 |
| Robert A. Watson PRESIDENT | Feb 27, 2026 | Buy | +15 | $8.64 | $130 | 17,312 |
| Robert A. Watson PRESIDENT | Feb 26, 2026 | Buy | +26 | $8.58 | $223 | 16,861 |
| Robert A. Watson PRESIDENT | Feb 26, 2026 | Buy | +60 | $8.53 | $512 | 16,835 |
| Saba Capital Management, L.P. 10% owner | Nov 28, 2025 | Other | −14,496 | – | – | 2,220,648 |
| Robert A. Watson PRESIDENT | Oct 31, 2025 | Buy | +606 | $8.62 | $5.22K | 15,998 |
| Robert A. Watson PRESIDENT | Oct 31, 2025 | Buy | +56 | $8.61 | $482 | 15,392 |
| Robert A. Watson PRESIDENT | Oct 31, 2025 | Buy | +176 | $8.61 | $1.52K | 15,336 |
| Saba Capital Management, L.P. 10% owner | Sep 9, 2025 | Buy | +68,449 | $8.60 | $588.66K | 2,235,144 |
| Saba Capital Management, L.P. 10% owner | Sep 8, 2025 | Buy | +500 | $8.58 | $4.29K | 2,166,695 |
| Saba Capital Management, L.P. 10% owner | Sep 5, 2025 | Buy | +27,923 | $8.57 | $239.30K | 2,166,195 |
| Boaz Weinstein 10% owner | Aug 14, 2025 | Buy | +41,802 | $8.66 | $362.01K | 2,138,272 |
| Saba Capital Management, L.P. 10% owner | Jul 29, 2025 | Buy | +61,989 | $8.62 | $534.35K | 2,096,470 |
| Saba Capital Management, L.P. 10% owner | Jul 28, 2025 | Buy | +76,427 | $8.52 | $651.16K | 2,034,481 |
| Boaz Weinstein 10% owner | May 15, 2025 | Buy | +3,300 | $8.63 | $28.48K | 1,958,054 |
| Saba Capital Management, L.P. 10% owner | May 13, 2025 | Buy | +19,595 | $8.53 | $167.15K | 1,954,754 |
| Boaz Weinstein 10% owner | May 12, 2025 | Buy | +42,913 | $8.51 | $365.19K | 1,935,159 |
| Saba Capital Management, L.P. 10% owner | May 9, 2025 | Buy | +19,649 | $8.41 | $165.25K | 1,892,246 |
| Saba Capital Management, L.P. 10% owner | May 8, 2025 | Buy | +20,034 | $8.45 | $169.29K | 1,872,597 |
| Boaz Weinstein 10% owner | May 5, 2025 | Buy | +976 | $8.32 | $8.12K | 1,852,563 |
| Boaz Weinstein 10% owner | May 2, 2025 | Buy | +12,126 | $8.48 | $102.83K | 1,851,587 |
| Boaz Weinstein 10% owner | May 1, 2025 | Buy | +8,972 | $8.43 | $75.63K | 1,839,461 |
| Saba Capital Management, L.P. 10% owner | Apr 30, 2025 | Buy | +12,200 | $8.40 | $102.48K | 1,830,489 |
| Saba Capital Management, L.P. 10% owner | Apr 29, 2025 | Buy | +800 | $8.33 | $6.66K | 1,818,289 |
| Boaz Weinstein 10% owner | Apr 28, 2025 | Buy | +35,960 | $8.33 | $299.55K | 1,817,489 |
| Boaz Weinstein 10% owner | Apr 25, 2025 | Buy | +6,143 | $8.28 | $50.86K | 1,781,529 |
| Boaz Weinstein 10% owner | Apr 24, 2025 | Buy | +22,684 | $8.10 | $183.74K | 1,775,386 |
| Boaz Weinstein 10% owner | Apr 22, 2025 | Buy | +14,301 | $8.01 | $114.55K | 1,752,702 |
| Robert A. Watson PRESIDENT | Nov 25, 2024 | Returned to company | −123 | $8.90 | $1.09K | 24,196 |
| Robert A. Watson PRESIDENT | Nov 25, 2024 | Returned to company | −358.08 | $8.90 | $3.19K | 24,843 |
| Robert A. Watson PRESIDENT | Nov 25, 2024 | Returned to company | −253 | $8.95 | $2.26K | 24,590 |
| Robert A. Watson PRESIDENT | Nov 25, 2024 | Returned to company | −271 | $8.95 | $2.43K | 24,319 |
| Robert A. Watson PRESIDENT | Nov 25, 2024 | Returned to company | −500 | $8.90 | $4.45K | 25,201 |
| Kenneth B. Merritt Assistant Secretary | Oct 23, 2024 | Returned to company | −558 | $8.80 | $4.91K | 1,235 |
| Boaz Weinstein 10% owner | Jul 24, 2024 | Buy | +47,515 | $8.32 | $395.32K | 1,738,401 |
| Boaz Weinstein 10% owner | Jul 23, 2024 | Buy | +4,927 | $8.35 | $41.14K | 1,690,886 |
| Boaz Weinstein 10% owner | Jul 22, 2024 | Buy | +3,202 | $8.35 | $26.74K | 1,685,959 |
| Saba Capital Management, L.P. 10% owner | Jul 17, 2024 | Buy | +77,666 | $8.39 | $651.62K | 1,682,757 |
| Saba Capital Management, L.P. 10% owner | Jul 16, 2024 | Buy | +9,079 | $8.40 | $76.26K | 1,605,091 |
| Boaz Weinstein 10% owner | Jul 15, 2024 | Buy | +59,168 | $8.36 | $494.64K | 1,596,012 |
| Boaz Weinstein 10% owner | Jul 12, 2024 | Buy | +60,280 | $8.41 | $506.95K | 1,536,844 |
| Boaz Weinstein 10% owner | Jul 11, 2024 | Buy | +99,569 | $8.40 | $836.38K | 1,476,564 |
| Boaz Weinstein 10% owner | Jul 10, 2024 | Buy | +61,251 | $8.25 | $505.32K | 1,376,995 |
| Boaz Weinstein 10% owner | Jul 5, 2024 | Buy | +43,268 | $8.00 | $346.14K | 1,315,744 |
| Boaz Weinstein 10% owner | Jul 3, 2024 | Buy | +100 | $7.98 | $798 | 1,272,476 |
| Saba Capital Management, L.P. 10% owner | Jul 2, 2024 | Buy | +8,757 | $8.04 | $70.41K | 1,272,376 |
| Saba Capital Management, L.P. 10% owner | Jun 25, 2024 | Buy | +40,737 | $7.74 | $315.30K | 1,263,619 |
| Saba Capital Management, L.P. 10% owner | Jun 24, 2024 | Buy | +9,881 | $7.54 | $74.50K | 1,222,882 |
| Boaz Weinstein 10% owner | Jan 23, 2024 | Buy | +8,447 | $6.65 | $56.17K | 1,213,001 |
| Saba Capital Management, L.P. 10% owner | Jan 18, 2024 | Buy | +23,957 | $6.46 | $154.76K | 1,204,554 |
| Saba Capital Management, L.P. 10% owner | Jan 16, 2024 | Buy | +10,053 | $6.46 | $64.94K | 1,170,544 |
| Saba Capital Management, L.P. 10% owner | Jan 10, 2024 | Buy | +44,824 | $6.35 | $284.63K | 1,170,544 |
| Saba Capital Management, L.P. 10% owner | Oct 11, 2023 | Buy | +2,910 | $6.69 | $19.47K | 1,125,720 |
| Saba Capital Management, L.P. 10% owner | Oct 10, 2023 | Buy | +41,290 | $6.65 | $274.58K | 1,122,810 |
| Saba Capital Management, L.P. 10% owner | Sep 18, 2023 | Buy | +12,683 | $6.06 | $76.86K | 1,081,520 |
| Boaz Weinstein 10% owner | Sep 15, 2023 | Buy | +51,810 | $6.04 | $312.93K | 1,068,837 |
| Boaz Weinstein 10% owner | Sep 14, 2023 | Buy | +107,957 | $6.03 | $650.98K | 1,017,027 |
| Boaz Weinstein 10% owner | Sep 13, 2023 | Buy | +12,434 | $5.84 | $72.61K | 909,070 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of shares outstanding
–
0M shares short
Days to cover
1.0
At 0M shares a day
Change since last report
-73.5%
From 0M shares
Short volume, 20 days
35.0%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Destra Multi-Alternative Fund's stock actually held short. Settlement fails (shares not delivered on time) peaked at 49 shares on Sep 14, 2026 over the last 90 days.
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