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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
PA
76
Perennial Advisors
New York
$52K +$476 +54 +0.9%
GI
77
Gradient Investments
Minnesota
$43K
FIA
78
FNY Investment Advisers
New York
$27K +$26.8K +3,045 New
VBCG
79
Valley Brook Capital Group
Pennsylvania
$22K +$22K +2,501 New
SSB
80
Sandy Spring Bank
Maryland
$20K
MF
81
Manchester Financial
California
$19K +$115 +13 +0.6%
CAL
82
Capital Advisors Ltd
Ohio
$15K
NFSG
83
Newbridge Financial Services Group
Florida
$13K
FCM
84
Firestone Capital Management
Florida
$9K
SPIA
85
Steward Partners Investment Advisory
New York
$8K
Fifth Third Bancorp
86
Fifth Third Bancorp
Ohio
$7K
PCG
87
Private Capital Group
Connecticut
$6K
TRCT
88
Tower Research Capital (TRC)
New York
$5K +$4.54K +515 New
NSIM
89
North Star Investment Management
Illinois
$3K
RCM
90
Robinson Capital Management
Michigan
$3K +$2.64K +300 New
IAIM
91
International Assets Investment Management
Florida
$2K +$2.2K +250 New
CT
92
Caldwell Trust
Florida
$1.56K
APSP
93
Asset Planning Services (Pennsylvania)
Pennsylvania
-$642K -72,819 Closed
HF
94
HRT Financial
New York
-$358K -40,683 Closed
OFG
95
OTA Financial Group
New York
-$262K -29,738 Closed
Citigroup
96
Citigroup
New York
-$181K -20,545 Closed
LP
97
LGL Partners
Pennsylvania
-$156K -17,672 Closed
Barclays
98
Barclays
United Kingdom
-$152K -15,870 Closed
UR
99
USCA RIA
Texas
-$110K -12,500 Closed
HighTower Advisors
100
HighTower Advisors
Illinois
-$82K -9,297 Closed

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.