Millennium Management
BRW

Millennium Management’s Saba Capital Income & Opportunities Fund BRW Stock Holding History

Millennium Management’s Portfolio BRW Stock Details BRW Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q3 		– Sell
-35,941
Closed -$290K – 6044
2025
Q2 		$290K Sell
35,941
-31,094
-46% -$236K ﹤0.01% 5210
2025
Q1 		$520K Buy
+67,035
New +$523K ﹤0.01% 4788
2021
Q4 		– Sell
-79,535
Closed -$724K – 6808
2021
Q3 		$724K Sell
79,535
-202,650
-72% -$1.86M ﹤0.01% 4992
2021
Q2 		$2.66M Buy
+282,185
New +$2.62M ﹤0.01% 3599
2021
Q1 		– Sell
-53,493
Closed -$478K – 5939
2020
Q4 		$478K Sell
53,493
-22,973
-30% -$202K ﹤0.01% 4231
2020
Q3 		$674 Buy
+76,466
New +$670K ﹤0.01% 3409
2020
Q1 		– Sell
-99,106
Closed -$993K – 3883
2019
Q4 		$993K Buy
99,106
+77,851
+366% +$751K ﹤0.01% 3009
2019
Q3 		$200K Buy
21,255
+6,538
+44% +$61.8K ﹤0.01% 3790
2019
Q2 		$140K Buy
14,717
+9,360
+175% +$89.8K ﹤0.01% 3836
2019
Q1 		$51K Sell
5,357
-49,545
-90% -$469K ﹤0.01% 3893
2018
Q4 		$493K Buy
54,902
+26,142
+91% +$249K ﹤0.01% 2980
2018
Q3 		$286K Buy
+28,760
New +$287K ﹤0.01% 3497
2018
Q1 		– Sell
-37,065
Closed -$376K – 3652
2017
Q4 		$376K Buy
37,065
+16,804
+83% +$172K ﹤0.01% 3228
2017
Q3 		$212K Buy
20,261
+6,534
+48% +$68.5K ﹤0.01% 3212
2017
Q2 		$148K Sell
13,727
-55,151
-80% -$595K ﹤0.01% 3251
2017
Q1 		$745K Buy
68,878
+43,972
+177% +$487K ﹤0.01% 2564
2016
Q4 		$276K Buy
+24,906
New +$267K ﹤0.01% 2942

Other funds holding BRW

Kovitz Investment Group Partners
Kovitz Investment Group Partners Chicago, Illinois $4.31B AUM 20.41% 1-Year Est. Return
TJHA
Thomas J. Herzfeld Advisors Miami Beach, Florida $294M AUM 2.62% 1-Year Est. Return
PCM
Penserra Capital Management Orinda, California $8.52B AUM 37.76% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Envestnet Asset Management
Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return
SMA
Seven Mile Advisory Ewing, New Jersey $139M AUM 26.01% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return
LPL Financial
LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return
RCM
Rivernorth Capital Management West Palm Beach, Florida $2B AUM 0.66% 1-Year Est. Return
NA
NewEdge Advisors New Orleans, Louisiana $27.7B AUM 22.98% 1-Year Est. Return

Millennium Management's BRW Position: Q3 2025 in Review

Millennium Management sold out of Saba Capital Income & Opportunities Fund (BRW) in Q3 2025, closing a stake of 35,941 shares — an estimated $290K sold.

Millennium Management first reported a position in BRW in Q4 2016 and held it in 17 quarters. The position peaked at $2.66M in Q2 2021. 93 funds tracked by Wall St. Rank hold BRW as of Q3 2025.

  • Millennium Management reported no remaining Saba Capital Income & Opportunities Fund position as of Q3 2025 after selling out during the quarter.
  • Millennium Management sold 35,941 Saba Capital Income & Opportunities Fund shares in Q3 2025, an estimated $290K.
  • Millennium Management first reported a position in Saba Capital Income & Opportunities Fund in Q4 2016 and held it in 17 quarters.
  • Millennium Management's Saba Capital Income & Opportunities Fund position peaked at $2.66M in Q2 2021.
  • 93 funds tracked by Wall St. Rank held Saba Capital Income & Opportunities Fund as of Q3 2025.

Based on Millennium Management's 13F filing for Q3 2025, filed 14 Nov 2025.