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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
APG
51
Abacus Planning Group
South Carolina
$88.3K
MCM
52
MAI Capital Management
Ohio
$81.7K -$554 -77 -0.7%
CIA
53
Capital Investment Advisors
Georgia
$78.3K -$7.82K -1,087 -9%
WWM
54
Western Wealth Management
Colorado
$74.1K -$5.39K -750 -7%
KAS
55
Kestra Advisory Services
Texas
$73.7K
Royal Bank of Canada
56
Royal Bank of Canada
Ontario, Canada
$72K -$42.1K -5,852 -36%
SOA
57
Sea Otter Advisors
Florida
$35.2K +$35.9K +5,000 New
Wells Fargo
58
Wells Fargo
California
$26K -$7 -1 -0%
WC
59
Winmill & Co
New York
$25.3K
CA
60
Clearstead Advisors
Ohio
$21.1K +$21.6K +3,000 New
RCM
61
Raleigh Capital Management
North Carolina
$16.9K +$2.16K +300 +14%
CAL
62
Capital Advisors Ltd
Ohio
$11K
TCOV
63
Trust Company of Vermont
Vermont
$9.15K
BAM
64
Bellevue Asset Management
Washington
$2.96K
SPIA
65
Steward Partners Investment Advisory
New York
$2.82K -$6.36K -884 -69%
Northwestern Mutual Wealth Management
66
Northwestern Mutual Wealth Management
Wisconsin
$2.74K +$2.8K +390 New
IRC
67
Investors Research Corp
Georgia
$2.72K
FFA
68
Farther Finance Advisors
California
$1.84K
GRP
69
Global Retirement Partners
California
$1.32K
NSIM
70
North Star Investment Management
Illinois
$1.09K
TFA
71
Toth Financial Advisory
Virginia
$880
WIM
72
Westside Investment Management
California
$704
HNB
73
Huntington National Bank
Ohio
$6
RVPG
74
Relative Value Partners Group
-$17.3M -2,305,349 Closed
TJHA
75
Thomas J. Herzfeld Advisors
Florida
-$3.73M -511,391 Closed

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.