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

Next Capital 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
2026 Q1	$599K	Hold	88,927	–	–	0.18%	75
2025 Q4	$623K	Hold	88,927	–	–	0.2%	71
2025 Q3	$691K	Sell	88,927 -10,798	-11%	-$88.8K	0.23%	71
2025 Q2	$804K	Buy	+99,725	New	+$758K	0.3%	62
2025 Q1	–	Sell	-110,322	Closed	-$841K	–	126
2024 Q4	$841K	Sell	110,322 -45,294	-29%	-$344K	0.34%	62
2024 Q3	$1.18M	Sell	155,616 -7,028	-4%	-$51.3K	0.48%	48
2024 Q2	$1.15M	Sell	162,644 -3,021	-2%	-$21.7K	0.48%	45
2024 Q1	$1.21M	Buy	165,665 +12,960	+8%	+$95.8K	0.49%	45
2023 Q4	$1.18M	Hold	152,705	–	–	0.5%	41
2023 Q3	$1.18M	Hold	152,705	–	–	0.53%	36
2023 Q2	$1.18M	Sell	152,705 -33,240	-18%	-$264K	0.54%	38
2023 Q1	$1.52M	Sell	185,945 -5,382	-3%	-$43.5K	0.73%	30
2022 Q4	$1.46M	Sell	191,327 -90,840	-32%	-$711K	0.79%	30
2022 Q3	$2.23M	Buy	282,167 +166	+0.1%	+$1.36K	1.69%	17
2022 Q2	$2.26M	Sell	282,001 -2,789	-1%	-$23.3K	1.65%	18
2022 Q1	$2.58M	Buy	284,790 +58,999	+26%	+$529K	1.74%	15
2021 Q4	$2.04M	Sell	225,791 -42,136	-16%	-$386K	1.38%	19
2021 Q3	$2.44M	Sell	267,927 -297,688	-53%	-$2.73M	1.77%	16
2021 Q2	$5.33M	Sell	565,615 -22,644	-4%	-$210K	3.39%	7
2021 Q1	$5.46M	Buy	588,259 +581,930	+9,195%	+$5.31M	3.55%	4
2020 Q4	$57K	Sell	6,329 -813,771	-99%	-$7.17M	0.04%	108
2020 Q3	$7.23M	Sell	820,100 -7,280	-0.9%	-$63.8K	4.82%	3
2020 Q2	$6.74M	Buy	827,380 +9,894	+1%	+$78.9K	4.75%	5
2020 Q1	$6.07M	Sell	817,486 -2,202	-0.3%	-$20.9K	4.87%	5
2019 Q4	$8.21M	Buy	819,688 +79,250	+11%	+$764K	5.87%	2
2019 Q3	$6.86M	Buy	740,438 +181	+0%	+$1.71K	4.6%	6
2019 Q2	$7.05M	Buy	740,257 +113,630	+18%	+$1.09M	4.72%	6
2019 Q1	$5.99M	Sell	626,627 -112,794	-15%	-$1.07M	5.06%	4
2018 Q4	$6.64M	Buy	+739,421	New	+$7.04M	5.83%	4

Other funds holding BRW

Focus Partners Wealth Boston, Massachusetts $89.9B AUM 20.5% 1-Year Est. Return

Toronto Dominion Bank Toronto, Ontario, Ontario, Canada $69.7B AUM 40.86% 1-Year Est. Return

RCM

Rivernorth Capital Management West Palm Beach, Florida $2B AUM 0.66% 1-Year Est. Return

PCM

Penserra Capital Management Orinda, California $8.52B AUM 37.76% 1-Year Est. Return

TJHA

Thomas J. Herzfeld Advisors Miami Beach, Florida $294M AUM 2.62% 1-Year Est. Return

AIA

Absolute Investment Advisers Rosemary Beach, Florida $852M AUM 0.1% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

BBPWM

Blue Bell Private Wealth Management Blue Bell, Pennsylvania $696M AUM 17.73% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

CSS LLC Chicago, Illinois $2.09B AUM 59.56% 1-Year Est. Return

Next Capital Management's BRW Position: Q1 2026 in Review

Next Capital Management held its Saba Capital Income & Opportunities Fund (BRW) position steady in Q1 2026 at 88,927 shares worth $599K. The position accounts for 0.18% of the portfolio, ranked #75.

Next Capital Management first reported a position in BRW in Q4 2018 and has held it in 29 quarters since. The position peaked at $8.21M in Q4 2019. 93 funds tracked by Wall St. Rank hold BRW as of Q1 2026.

Next Capital Management held 88,927 shares of Saba Capital Income & Opportunities Fund worth $599K as of Q1 2026.
Next Capital Management left its Saba Capital Income & Opportunities Fund share count unchanged in Q1 2026.
Saba Capital Income & Opportunities Fund made up 0.18% of Next Capital Management's portfolio in Q1 2026, its #75 holding.
Next Capital Management first reported a position in Saba Capital Income & Opportunities Fund in Q4 2018 and has held it in 29 quarters since.
Next Capital Management's Saba Capital Income & Opportunities Fund position peaked at $8.21M in Q4 2019.
93 funds tracked by Wall St. Rank held Saba Capital Income & Opportunities Fund as of Q1 2026.

Based on Next Capital Management's 13F filing for Q1 2026, filed 7 May 2026.