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BRW

Saba Capital Income & Opportunities Fund

78 hedge funds and large institutions have $93.9M invested in Saba Capital Income & Opportunities Fund in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 22

2.89% less ownership

Funds ownership: 31.36%28.48% (-2.9%)

7% less funds holding

Funds holding: 8478 (-6)

8% less capital invested

Capital invested by funds: $102M → $93.9M (-$7.76M)

24% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 17

Holders
78
Holders Change
-6
Holders Change %
-7.14%
% of All Funds
1.05%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
13
Increased
21
Reduced
22
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SPIA
76
Steward Partners Investment Advisory
New York
$3.1K
IRC
77
Investors Research Corp
Georgia
$3K
SFGP
78
Stonebridge Financial Group (Pennsylvania)
Pennsylvania
$9
HNB
79
Huntington National Bank
Ohio
$6
PCM
80
Penserra Capital Management
California
-$9.58M -1,257,178 Closed
SCM
81
Saba Capital Management
New York
-$2.54M -333,902 Closed
AGM
82
Alpine Global Management
New York
-$1.52M -200,000 Closed
NCM
83
Next Capital Management
New York
-$841K -110,322 Closed
BCA
84
Bay Colony Advisors
Massachusetts
-$488K -64,060 Closed
HighTower Advisors
85
HighTower Advisors
Illinois
-$334K -43,877 Closed
WSFS
86
Wilmington Savings Fund Society
Delaware
-$216K -28,380 Closed
JFG
87
Jefferies Financial Group
New York
-$191K -25,000 Closed
XT
88
XTX Topco
Cayman Islands
-$141K -18,466 Closed
MG
89
Marex Group
-$126K -16,472 Closed
AA
90
AQR Arbitrage
Connecticut
-$97.5K -12,798 Closed
AWM
91
Apollon Wealth Management
South Carolina
-$77.2K -10,127 Closed
RCM
92
Raleigh Capital Management
North Carolina
-$18.3K -2,400 Closed
EC
93
Elequin Capital
New York
-$16.9K -2,220 Closed
Bessemer Group
94
Bessemer Group
New Jersey
-$11K -1,422 Closed
BlackRock
95
BlackRock
New York
-$2.29K -300 Closed
NSIM
96
North Star Investment Management
Illinois
-$1.18K -155 Closed

BRW Hedge Fund Activity: Q1 2025 in Review

78 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q1 2025, worth a combined $93.9M — down 7.6% from $102M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of BRW and 13 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 21 added.

The largest buyer was Ethos Financial Group, opening a new position worth an estimated $2.4M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $9.58M sold.

  • 78 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q1 2025, down from 84 in Q4 2024.
  • Funds reported $93.9M of Saba Capital Income & Opportunities Fund stock for Q1 2025, down 7.6% quarter-over-quarter.
  • 13 funds opened new Saba Capital Income & Opportunities Fund positions in Q1 2025 and 17 closed out, a net change of -4 holders.
  • The largest Saba Capital Income & Opportunities Fund buyer in Q1 2025 was Ethos Financial Group, an estimated $2.4M added.
  • The largest Saba Capital Income & Opportunities Fund seller in Q1 2025 was Penserra Capital Management, an estimated $9.58M sold.

Based on aggregated 13F filings for Q1 2025.