We are live on ! Find out more
BRW

Saba Capital Income & Opportunities Fund
BRW

104 hedge funds and large institutions have $236M invested in Saba Capital Income & Opportunities Fund in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 34 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more capital invested

Capital invested by funds: $231M → $236M (+$4.59M)

0.33% more ownership

Funds ownership: 16.17% → 16.51% (+0.33%)

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

5% less funds holding

Funds holding: 110 → 104 (-6)

26% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 34

38% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 16

Holders
104
Holders Change
-6
Holders Change %
-5.45%
% of All Funds
2.28%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.09%
New
10
Increased
25
Reduced
34
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$13.1M
2
VCM
Vivaldi Capital Management
Illinois
+$2.93M
3
PPA
Parametric Portfolio Associates
Washington
+$2.16M
4
RC
RegentAtlantic Capital
New Jersey
+$472K
5
WAM
Wolverine Asset Management
Illinois
+$421K

Top Sellers

Rank Fund Capital Flow
1
BPCM
Beach Point Capital Management
California
-$5.62M
2
Morgan Stanley
Morgan Stanley
New York
-$2.57M
3
CRC
Curi RMB Capital
Illinois
-$686K
4
JP Morgan Chase
JP Morgan Chase
New York
-$597K
5
AAM
Advisors Asset Management
Colorado
-$555K
Name Holding Trade Value Shares
Change 		Change in
Stake
CCB
76
Cutter & Co Brokerage
Missouri
$58K – – –
SMH
77
Sanders Morris Harris
Texas
$58K – – –
PP
78
Prudential plc
United Kingdom
$52K – – –
TLP
79
Trinity Legacy Partners
Texas
$51K – – –
PA
80
Perennial Advisors
New York
$51K +$51.4K +5,444 New
GI
81
Gradient Investments
Minnesota
$46K – – –
FIA
82
FNY Investment Advisers
New York
$41K +$40.9K +4,325 +4,325%
RCM
83
Rivernorth Capital Management
Florida
$36.6K -$440K -46,586 -1%
Citigroup
84
Citigroup
New York
$21K -$279K -29,523 -93%
SSB
85
Sandy Spring Bank
Maryland
$21K – – –
BCI
86
Brinker Capital Investments
Pennsylvania
$18K – – –
QAM
87
QCI Asset Management
New York
$18K – – –
CAL
88
Capital Advisors Ltd
Ohio
$15K – – –
RIA
89
Realta Investment Advisors
Delaware
$14K +$179 +19 +1%
S
90
SignatureFD
Georgia
$12K – – –
HNB
91
Huntington National Bank
Ohio
$9K – – –
SIA
92
SeaBridge Investment Advisors
New Jersey
$9K – – –
Fifth Third Bancorp
93
Fifth Third Bancorp
Ohio
$7K – – –
CAL
94
Capital Analysts LLC
Pennsylvania
$6K -$6.61K -700 -50%
CAC
95
Certified Advisory Corp
Florida
$6K -$94 -10 -2%
PCG
96
Private Capital Group
Connecticut
$6K – – –
CFA
97
Carroll Financial Associates
North Carolina
$5K – – –
FEG
98
Financial Enhancement Group
Indiana
$5K – – –
SPIA
99
Steward Partners Investment Advisory
New York
$3K -$30.8K -3,266 -89%
NSIM
100
North Star Investment Management
Illinois
$3K +$2.83K +300 New
1 2 3
4
5

BRW Hedge Fund Activity: Q3 2019 in Review

104 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q3 2019, worth a combined $236M — up 2% from $231M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of BRW and 10 opened new positions — a net loss of 6 holders — while 34 trimmed existing stakes and 25 added.

The largest buyer was Saba Capital Management, adding an estimated $13.1M. The largest seller was Beach Point Capital Management, exiting entirely with an estimated $5.62M sold.

  • 104 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q3 2019, down from 110 in Q2 2019.
  • Funds reported $236M of Saba Capital Income & Opportunities Fund stock for Q3 2019, up 2% quarter-over-quarter.
  • 10 funds opened new Saba Capital Income & Opportunities Fund positions in Q3 2019 and 16 closed out, a net change of -6 holders.
  • The largest Saba Capital Income & Opportunities Fund buyer in Q3 2019 was Saba Capital Management, an estimated $13.1M added.
  • The largest Saba Capital Income & Opportunities Fund seller in Q3 2019 was Beach Point Capital Management, an estimated $5.62M sold.

Based on aggregated 13F filings for Q3 2019.