Saba Capital Income & Opportunities Fund
BRW
100 hedge funds and large institutions have $215M invested in Saba Capital Income & Opportunities Fund in 2015 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 33 increasing their positions, 23 reducing their positions, and 8 closing their positions.
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
43% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 23
18% more funds holding
Funds holding: 85 → 100 (+15)
10% more capital invested
Capital invested by funds: $196M → $215M (+$19.8M)
1.33% more ownership
Funds ownership: 13.05% → 14.38% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$5.95M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.2M |
| 3 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$3.1M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$2.24M |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$9.95M |
| 2 |
Morgan Stanley
New York
|
-$2.6M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.53M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.09M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$852K |
BRW Hedge Fund Activity: Q4 2015 in Review
100 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q4 2015, worth a combined $215M — up 10% from $196M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BRW positions and 8 closed out — a net gain of 15 holders — while 33 added to existing stakes and 23 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $5.95M. The largest seller was Invesco, cutting an estimated $9.95M.
- 100 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q4 2015, up from 85 in Q3 2015.
- Funds reported $215M of Saba Capital Income & Opportunities Fund stock for Q4 2015, up 10% quarter-over-quarter.
- 23 funds opened new Saba Capital Income & Opportunities Fund positions in Q4 2015 and 8 closed out, a net change of +15 holders.
- The largest Saba Capital Income & Opportunities Fund buyer in Q4 2015 was Janus Henderson Group, an estimated $5.95M added.
- The largest Saba Capital Income & Opportunities Fund seller in Q4 2015 was Invesco, an estimated $9.95M sold.
Based on aggregated 13F filings for Q4 2015.