Saba Capital Income & Opportunities Fund
BRW
75 hedge funds and large institutions have $167M invested in Saba Capital Income & Opportunities Fund in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 20 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.94% less ownership
Funds ownership: 16.16% → 15.22% (-0.94%)
6% less capital invested
Capital invested by funds: $177M → $167M (-$10.3M)
16% less funds holding
Funds holding: 89 → 75 (-14)
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
65% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$5.69M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$3.65M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.53M |
| 4 |
Rockefeller Capital Management
New York
|
+$1.43M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$9.52M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.31M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.42M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.38M |
| 5 |
SCM
Saba Capital Management
New York
|
-$1.81M |
BRW Hedge Fund Activity: Q1 2022 in Review
75 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q1 2022, worth a combined $167M — down 5.8% from $177M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BRW and 7 opened new positions — a net loss of 13 holders — while 24 trimmed existing stakes and 19 added.
The largest buyer was Invesco, opening a new position worth an estimated $5.69M. The largest seller was Rivernorth Capital Management, cutting an estimated $9.52M.
- 75 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q1 2022, down from 89 in Q4 2021.
- Funds reported $167M of Saba Capital Income & Opportunities Fund stock for Q1 2022, down 5.8% quarter-over-quarter.
- 7 funds opened new Saba Capital Income & Opportunities Fund positions in Q1 2022 and 20 closed out, a net change of -13 holders.
- The largest Saba Capital Income & Opportunities Fund buyer in Q1 2022 was Invesco, an estimated $5.69M added.
- The largest Saba Capital Income & Opportunities Fund seller in Q1 2022 was Rivernorth Capital Management, an estimated $9.52M sold.
Based on aggregated 13F filings for Q1 2022.