We are live on ! Find out more
BRW

Saba Capital Income & Opportunities Fund
BRW

66 hedge funds and large institutions have $141M invested in Saba Capital Income & Opportunities Fund in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $134M → $141M (+$6.45M)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

0.85% less ownership

Funds ownership: 41.49% → 40.64% (-0.85%)

7% less funds holding

Funds holding: 71 → 66 (-5)

29% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 14

33% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 21

Holders
66
Holders Change
-5
Holders Change %
-7.04%
% of All Funds
1.05%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
10
Increased
14
Reduced
21
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
TJHA
Thomas J. Herzfeld Advisors
Florida
+$3.91M
2
GA
GraniteShares Advisors
New York
+$1.51M
3
CPIG
Chicago Partners Investment Group
Illinois
+$844K
4
SOA
Sea Otter Advisors
Florida
+$606K
5
PA
Parallel Advisors
California
+$313K

Top Sellers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
-$3.01M
2
SCM
Saba Capital Management
New York
-$1.57M
3
PAS
Park Avenue Securities
New York
-$934K
4
LSC
Logan Stone Capital
Illinois
-$836K
5
BI
Bulldog Investors
New Jersey
-$803K
Name Holding Trade Value Shares
Change 		Change in
Stake
LWP
51
Lumature Wealth Partners
Georgia
$69.3K – – –
WC
52
Winmill & Co
New York
$29.3K – – –
BAM
53
Baldrige Asset Management
Pennsylvania
$19K – – –
AAS
54
Ameritas Advisory Services
Nebraska
$14.3K +$14.1K +1,750 New
CAL
55
Capital Advisors Ltd
Ohio
$13K – – –
RCM
56
Raleigh Capital Management
North Carolina
$11.6K +$969 +120 +9%
BC
57
Barrett & Company
Rhode Island
$11.2K – – –
TCOV
58
Trust Company of Vermont
Vermont
$10.6K – – –
LC
59
Lindbrook Capital
California
$8.15K +$8.08K +1,000 New
SPIA
60
Steward Partners Investment Advisory
New York
$3.26K – – –
IRC
61
Investors Research Corp
Georgia
$3.15K – – –
GRP
62
Global Retirement Partners
California
$1.49K – – –
NSIM
63
North Star Investment Management
Illinois
$1.26K – – –
WIM
64
Westside Investment Management
California
$815 – – –
Commonwealth Equity Services
65
Commonwealth Equity Services
Massachusetts
$118 +$117K +14,512 New
HNB
66
Huntington National Bank
Ohio
$6 – – –
PAS
67
Park Avenue Securities
New York
– -$934K -122,742 Closed
LSC
68
Logan Stone Capital
Illinois
– -$836K -109,793 Closed
Qube Research & Technologies (QRT)
69
Qube Research & Technologies (QRT)
United Kingdom
– -$383K -50,382 Closed
WC
70
Wealthspring Capital
New York
– -$227K -29,865 Closed
LCM
71
Landscape Capital Management
New Jersey
– -$177K -23,195 Closed
EC
72
Elequin Capital
New York
– -$170K -22,379 Closed
CAPTRUST Financial Advisors
73
CAPTRUST Financial Advisors
North Carolina
– -$140K -18,353 Closed
D.E. Shaw & Co
74
D.E. Shaw & Co
New York
– -$95.1K -12,500 Closed
WAM
75
Wolverine Asset Management
Illinois
– -$77.6K -10,191 Closed
1 2
3
4

BRW Hedge Fund Activity: Q1 2023 in Review

66 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q1 2023, worth a combined $141M — up 4.8% from $134M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of BRW and 10 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 14 added.

The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $3.91M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.01M.

  • 66 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q1 2023, down from 71 in Q4 2022.
  • Funds reported $141M of Saba Capital Income & Opportunities Fund stock for Q1 2023, up 4.8% quarter-over-quarter.
  • 10 funds opened new Saba Capital Income & Opportunities Fund positions in Q1 2023 and 14 closed out, a net change of -4 holders.
  • The largest Saba Capital Income & Opportunities Fund buyer in Q1 2023 was Thomas J. Herzfeld Advisors, an estimated $3.91M added.
  • The largest Saba Capital Income & Opportunities Fund seller in Q1 2023 was Rivernorth Capital Management, an estimated $3.01M sold.

Based on aggregated 13F filings for Q1 2023.