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BRW

Saba Capital Income & Opportunities Fund

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.

New
Increased
Maintained
Reduced
Closed

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: 85100 (+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%)

Holders
100
Holders Change
+15
Holders Change %
+17.65%
% of All Funds
2.62%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
23
Increased
33
Reduced
23
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NPC
51
National Planning Corporation
California
$179K -$12K -1,198 -6%
CL
52
CPWM LLC
Washington
$176K +$1.75K +174 +1%
FAAS
53
First Allied Advisory Services
California
$172K +$2.62K +261 +2%
Royal Bank of Canada
54
Royal Bank of Canada
Ontario, Canada
$168K +$48.2K +4,796 +40%
Ameriprise
55
Ameriprise
Minnesota
$162K +$73.4K +7,312 +85%
Commonwealth Equity Services
56
Commonwealth Equity Services
Massachusetts
$157K -$101K -10,037 -39%
SFG
57
Sather Financial Group
Texas
$152K -$20.1K -2,000 -12%
HighTower Advisors
58
HighTower Advisors
Illinois
$148K +$65.8K +6,557 +82%
CS
59
Credit Suisse
Switzerland
$142K -$2.51K -250 -2%
PFS
60
Prospera Financial Services
Texas
$127K -$12.6K -1,250 -9%
LCM
61
Landscape Capital Management
New Jersey
$125K -$37.6K -3,742 -23%
ICAS
62
Investors Capital Advisory Services
Massachusetts
$123K -$2.94K -293 -2%
PNC Financial Services Group
63
PNC Financial Services Group
Pennsylvania
$108K -$211 -21 -0.2%
JIP
64
Jaffetilchin Investment Partners
Florida
$106K +$70 +7 +0.1%
IP
65
Investment Partners
Ohio
$105K +$19.6K +1,950 +23%
EVC
66
Eidelman Virant Capital
Missouri
$101K
CAN
67
Cetera Advisor Networks
California
$95K +$11.7K +1,162 +14%
WA
68
WealthTrust Axiom
Pennsylvania
$92K +$1.51K +150 +2%
Neuberger Berman Group
69
Neuberger Berman Group
New York
$88K
GLA
70
Great Lakes Advisors
Illinois
$84K +$83.7K +8,332 New
Bank of New York Mellon
71
Bank of New York Mellon
New York
$83K +$13.4K +1,336 +19%
VKH
72
Virtu KCG Holdings
New York
$82K +$24.6K +2,454 +43%
IA
73
IFP Advisors
Florida
$79K +$78.4K +7,807 New
BW
74
Bison Wealth
Georgia
$74K +$5.08K +506 +7%
WT
75
Whittier Trust
California
$71K -$16.6K -1,650 -19%

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.