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BRW

Saba Capital Income & Opportunities Fund

96 hedge funds and large institutions have $345M invested in Saba Capital Income & Opportunities Fund in 2020 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 20 increasing their positions, 30 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 15

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

4% more funds holding

Funds holding: 9296 (+4)

3.98% more ownership

Funds ownership: 22.85%26.83% (+4%)

2% less capital invested

Capital invested by funds: $352M → $345M (-$7.39M)

33% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 30

Holders
96
Holders Change
+4
Holders Change %
+4.35%
% of All Funds
1.7%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.11%
New
19
Increased
20
Reduced
30
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KPWS
51
Kestra Private Wealth Services
Texas
$217K -$87.4K -9,921 -29%
OC
52
Oppenheimer & Co
New York
$217K +$214K +24,288 New
Commonwealth Equity Services
53
Commonwealth Equity Services
Massachusetts
$216K +$8.23K +934 +4%
Royal Bank of Canada
54
Royal Bank of Canada
Ontario, Canada
$211K -$9.54K -1,083 -4%
LPL Financial
55
LPL Financial
California
$198K +$60.3K +6,846 +45%
CL
56
CPWM LLC
Washington
$186K -$1.3K -148 -0.7%
PMFA
57
Plante Moran Financial Advisors
Michigan
$184K
KIA
58
KCM Investment Advisors
California
$180K +$9 +1 +0%
Susquehanna International Group
59
Susquehanna International Group
Pennsylvania
$143K -$10K -1,139 -7%
ICMP
60
Integrated Capital Management (Pennsylvania)
Pennsylvania
$115K +$7.17K +814 +7%
D.E. Shaw & Co
61
D.E. Shaw & Co
New York
$112K
WS
62
Wedbush Securities
California
$108K
KAS
63
Kestra Advisory Services
Texas
$103K +$43.1K +4,895 +74%
AFP
64
Ausdal Financial Partners
Iowa
$89K -$12.8K -1,450 -13%
KOMWMG
65
Kerntke Otto McGlone Wealth Management Group
Wisconsin
$89K
LWP
66
Lumature Wealth Partners
Georgia
$81K +$80.2K +9,110 New
SI
67
Stephens Inc
Arkansas
$79K -$881 -100 -1%
Jane Street
68
Jane Street
New York
$71K -$87.2K -9,894 -56%
PNC Financial Services Group
69
PNC Financial Services Group
Pennsylvania
$68K
Creative Planning
70
Creative Planning
Kansas
$64K +$63.4K +7,197 New
Neuberger Berman Group
71
Neuberger Berman Group
New York
$62K -$11.5K -1,305 -16%
YCM
72
Yakira Capital Management
Connecticut
$59K
NCM
73
Next Capital Management
New York
$57K -$7.17M -813,771 -99%
PA
74
Pinnacle Associates
New York
$56K +$123 +14 +0.2%
JIP
75
Jaffetilchin Investment Partners
Florida
$56K +$55.2K +6,264 New

BRW Hedge Fund Activity: Q4 2020 in Review

96 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q4 2020, worth a combined $345M — down 2.1% from $352M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new BRW positions and 15 closed out — a net gain of 4 holders — while 20 added to existing stakes and 30 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $5.07M. The largest seller was Relative Value Partners Group, cutting an estimated $14.4M.

  • 96 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q4 2020, up from 92 in Q3 2020.
  • Funds reported $345M of Saba Capital Income & Opportunities Fund stock for Q4 2020, down 2.1% quarter-over-quarter.
  • 19 funds opened new Saba Capital Income & Opportunities Fund positions in Q4 2020 and 15 closed out, a net change of +4 holders.
  • The largest Saba Capital Income & Opportunities Fund buyer in Q4 2020 was Sit Investment Associates, an estimated $5.07M added.
  • The largest Saba Capital Income & Opportunities Fund seller in Q4 2020 was Relative Value Partners Group, an estimated $14.4M sold.

Based on aggregated 13F filings for Q4 2020.