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BRW

Saba Capital Income & Opportunities Fund

72 hedge funds and large institutions have $72.6M invested in Saba Capital Income & Opportunities Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 26 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 5

0% more funds holding

Funds holding: 7272 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

7.62% less ownership

Funds ownership: 31.83%24.21% (-7.6%)

23% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 26

27% less capital invested

Capital invested by funds: $99.2M → $72.6M (-$26.6M)

Holders
72
Holders Change
Holders Change %
0%
% of All Funds
1.04%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
6
Increased
20
Reduced
26
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$460K -$4.31K -600 -0.9%
PFA
27
Peak Financial Advisors
Colorado
$405K +$66K +9,182 +19%
ACM
28
Adalta Capital Management
New York
$386K +$33K +4,590 +9%
Osaic Holdings
29
Osaic Holdings
Arizona
$316K -$3.02M -420,419 -90%
WCMNY
30
Westchester Capital Management (New York)
New York
$315K
Cetera Investment Advisers
31
Cetera Investment Advisers
Illinois
$308K +$9.19K +1,278 +3%
SWM
32
SeaCrest Wealth Management
New York
$301K +$17.5K +2,432 +6%
RJA
33
Raymond James & Associates
Florida
$288K -$34.5K -4,802 -10%
WS
34
Wedbush Securities
California
$271K +$277K +38,542 New
PA
35
Parallel Advisors
California
$268K -$178K -24,694 -39%
Stifel Financial
36
Stifel Financial
Missouri
$253K +$73K +10,154 +39%
UBS Group
37
UBS Group
Switzerland
$223K -$78.2K -10,881 -26%
Commonwealth Equity Services
38
Commonwealth Equity Services
Massachusetts
$206K +$41.6K +5,788 +25%
BRWA
39
B. Riley Wealth Advisors
Florida
$154K -$125K -17,446 -44%
NA
40
NewEdge Advisors
Louisiana
$143K +$38K +5,291 +35%
JWCA
41
J.W. Cole Advisors
Florida
$124K +$127K +17,634 New
KPWS
42
Kestra Private Wealth Services
Texas
$120K +$4.03K +561 +3%
JP Morgan Chase
43
JP Morgan Chase
New York
$113K
Comerica Bank
44
Comerica Bank
Texas
$109K
LSC
45
Logan Stone Capital
Illinois
$105K +$107K +14,900 New
SCM
46
Sage Capital Management
New Jersey
$97.9K -$3.8K -529 -4%
Susquehanna International Group
47
Susquehanna International Group
Pennsylvania
$97.6K
AWM
48
Apollon Wealth Management
South Carolina
$93.9K +$9.19K +1,278 +11%
Corient Private Wealth
49
Corient Private Wealth
Florida
$89.8K +$14.4K +2,000 +19%
FM
50
Family Management
New York
$88.4K -$13K -1,815 -13%

BRW Hedge Fund Activity: Q2 2024 in Review

72 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q2 2024, worth a combined $72.6M — down 27% from $99.2M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new BRW positions and 5 closed out — a net gain of 1 holder — while 20 added to existing stakes and 26 trimmed.

The largest buyer was Absolute Investment Advisers, adding an estimated $579K. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $17.3M sold.

  • 72 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q2 2024, unchanged from Q1 2024.
  • Funds reported $72.6M of Saba Capital Income & Opportunities Fund stock for Q2 2024, down 27% quarter-over-quarter.
  • 6 funds opened new Saba Capital Income & Opportunities Fund positions in Q2 2024 and 5 closed out, a net change of +1 holder.
  • The largest Saba Capital Income & Opportunities Fund buyer in Q2 2024 was Absolute Investment Advisers, an estimated $579K added.
  • The largest Saba Capital Income & Opportunities Fund seller in Q2 2024 was Relative Value Partners Group, an estimated $17.3M sold.

Based on aggregated 13F filings for Q2 2024.