We are live on ! Find out more
BRW

Saba Capital Income & Opportunities Fund
BRW

119 hedge funds and large institutions have $239M invested in Saba Capital Income & Opportunities Fund in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 29 increasing their positions, 37 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

500% more funds holding in top 10

Funds holding in top 10: 1 → 6 (+5)

31% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 16

3% more funds holding

Funds holding: 115 → 119 (+4)

2.15% more ownership

Funds ownership: 16.82% → 18.97% (+2.1%)

5% less capital invested

Capital invested by funds: $251M → $239M (-$12.1M)

22% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 37

Holders
119
Holders Change
+4
Holders Change %
+3.48%
% of All Funds
2.65%
Holding in Top 10
6
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+500%
% of All Funds
0.13%
New
21
Increased
29
Reduced
37
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$10.9M
2
SCM
Saba Capital Management
New York
+$10.9M
3
OHA
Oak Hill Advisors
New York
+$8.77M
4
CRC
Curi RMB Capital
Illinois
+$3.92M
5
PPA
Parametric Portfolio Associates
Washington
+$2.77M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$7.62M
2
CWM
Cornerstone Wealth Management
Missouri
-$3.94M
3
NMC
Nine Masts Capital
Hong Kong
-$2.76M
4
Bessemer Group
Bessemer Group
New Jersey
-$2.47M
5
1832 Asset Management
1832 Asset Management
Ontario, Canada
-$2.23M
Name Holding Trade Value Shares
Change 		Change in
Stake
Cambridge Investment Research Advisors
26
Cambridge Investment Research Advisors
Iowa
$793K +$76 +8 +0%
ICM
27
Ionic Capital Management
New York
$789K -$183K -19,253 -18%
WAM
28
Wolverine Asset Management
Illinois
$776K +$409K +42,946 +99%
ADBIC
29
A.D. Beadell Investment Counsel
Wisconsin
$726K +$64.3K +6,750 +9%
6M
30
6 Meridian
Kansas
$715K -$10.3K -1,079 -1%
RJFSA
31
Raymond James Financial Services Advisors
Florida
$711K -$62.4K -6,552 -8%
APSP
32
Asset Planning Services (Pennsylvania)
Pennsylvania
$696K -$49.3K -5,184 -6%
MIG
33
Mariner Investment Group
New York
$672K +$215K +22,546 +43%
AC
34
Almitas Capital
California
$654K +$694K +72,878 New
GC
35
Guggenheim Capital
Illinois
$641K -$57.5K -6,037 -8%
AAM
36
Autus Asset Management
Arizona
$626K -$53.5K -5,622 -7%
Ameriprise
37
Ameriprise
Minnesota
$617K -$127K -13,318 -16%
OMC
38
Old Mission Capital
Illinois
$613K +$649K +68,231 New
SRC
39
Shufro Rose & Co
New York
$611K -$57.1K -6,000 -8%
AAM
40
Advisors Asset Management
Colorado
$575K -$28.1K -2,947 -4%
QGA
41
Q Global Advisors
Texas
$555K +$589K +61,830 New
Lido Advisors
42
Lido Advisors
California
$538K +$268K +28,171 +90%
PP
43
Prudential plc
United Kingdom
$526K +$505K +53,040 +964%
Millennium Management
44
Millennium Management
New York
$493K +$249K +26,142 +91%
SB
45
Suntrust Banks
Georgia
$459K +$5.99K +629 +1%
1832 Asset Management
46
1832 Asset Management
Ontario, Canada
$393K -$2.23M -234,764 -84%
KIA
47
KCM Investment Advisors
California
$359K -$12.2K -1,280 -3%
Kovitz Investment Group Partners
48
Kovitz Investment Group Partners
Illinois
$352K -$11.9K -1,250 -3%
LCM
49
Landscape Capital Management
New Jersey
$313K +$185K +19,448 +126%
CIA
50
Capital Investment Advisors
Georgia
$272K -$19.1K -2,010 -6%
1
2
3 4 5

BRW Hedge Fund Activity: Q4 2018 in Review

119 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q4 2018, worth a combined $239M — down 4.8% from $251M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new BRW positions and 16 closed out — a net gain of 5 holders — while 29 added to existing stakes and 37 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $10.9M. The largest seller was Morgan Stanley, cutting an estimated $7.62M.

  • 119 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q4 2018, up from 115 in Q3 2018.
  • Funds reported $239M of Saba Capital Income & Opportunities Fund stock for Q4 2018, down 4.8% quarter-over-quarter.
  • 21 funds opened new Saba Capital Income & Opportunities Fund positions in Q4 2018 and 16 closed out, a net change of +5 holders.
  • The largest Saba Capital Income & Opportunities Fund buyer in Q4 2018 was Rivernorth Capital Management, an estimated $10.9M added.
  • The largest Saba Capital Income & Opportunities Fund seller in Q4 2018 was Morgan Stanley, an estimated $7.62M sold.

Based on aggregated 13F filings for Q4 2018.