Saba Capital Income & Opportunities Fund
BRW
80 hedge funds and large institutions have $96.9M invested in Saba Capital Income & Opportunities Fund in 2025 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
3% more funds holding
Funds holding: 78 → 80 (+2)
3% more capital invested
Capital invested by funds: $93.9M → $96.9M (+$2.96M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.23% less ownership
Funds ownership: 28.48% → 28.25% (-0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$3.39M |
| 2 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$977K |
| 3 |
NCM
Next Capital Management
New York
|
+$758K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$726K |
| 5 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$541K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.02M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$845K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$676K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$568K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$539K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
76
Bellevue Asset Management
Bellevue,
Washington
| $3.38K | – | – | – |
|
|
SPIA
77
Steward Partners Investment Advisory
New York
| $3.22K | – | – | – |
|
|
IRC
78
Investors Research Corp
Atlanta,
Georgia
| $3.12K | – | – | – |
|
|
GRP
79
Global Retirement Partners
San Rafael,
California
| $1.51K | +$1.42K | +187 | New |
|
80
Wells Fargo
San Francisco,
California
| $8 | -$94.9K | -12,482 | -100% |
|
|
HNB
81
Huntington National Bank
Columbus,
Ohio
| $6 | – | – | – |
|
|
BI
82
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$568K | -73,191 | Closed |
|
|
LCM
83
Landscape Capital Management
Englewood,
New Jersey
| – | -$539K | -69,467 | Closed |
|
84
Walleye Capital
New York
| – | -$186K | -23,983 | Closed |
|
|
RAM
85
Readystate Asset Management
Chicago,
Illinois
| – | -$143K | -18,453 | Closed |
|
|
APG
86
Abacus Planning Group
Columbia,
South Carolina
| – | -$97.4K | -12,547 | Closed |
|
|
EB
87
Eastern Bank
Boston,
Massachusetts
| – | -$17.1K | -2,200 | Closed |
|
|
SFGP
88
Stonebridge Financial Group (Pennsylvania)
Wormleysburg,
Pennsylvania
| – | -$9 | -1 | Closed |
|
BRW Hedge Fund Activity: Q2 2025 in Review
80 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q2 2025, worth a combined $96.9M — up 3.1% from $93.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BRW positions and 7 closed out — a net gain of 3 holders — while 25 added to existing stakes and 22 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, opening a new position worth an estimated $3.39M. The largest seller was Rivernorth Capital Management, cutting an estimated $4.02M.
- 80 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q2 2025, up from 78 in Q1 2025.
- Funds reported $96.9M of Saba Capital Income & Opportunities Fund stock for Q2 2025, up 3.1% quarter-over-quarter.
- 10 funds opened new Saba Capital Income & Opportunities Fund positions in Q2 2025 and 7 closed out, a net change of +3 holders.
- The largest Saba Capital Income & Opportunities Fund buyer in Q2 2025 was Thomas J. Herzfeld Advisors, an estimated $3.39M added.
- The largest Saba Capital Income & Opportunities Fund seller in Q2 2025 was Rivernorth Capital Management, an estimated $4.02M sold.
Based on aggregated 13F filings for Q2 2025.