Saba Capital Income & Opportunities Fund
BRW
79 hedge funds and large institutions have $152M invested in Saba Capital Income & Opportunities Fund in 2014 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 14 closing their positions.
0% more funds holding
Funds holding: 79 → 79 (0)
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
0.35% less ownership
Funds ownership: 16.19% → 15.84% (-0.35%)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
12% less capital inflows, than outflows
Capital inflows: $22.3M | Capital outflows: $25.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner Investment Group
Harrison,
New York
|
+$4.34M |
| 2 |
Morgan Stanley
New York
|
+$3.29M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.88M |
| 4 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.21M |
| 5 |
United Capital Financial Advisors
Irving,
Texas
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$18.7M |
| 2 |
Absolute Return Capital
Boston,
Massachusetts
|
-$1.95M |
| 3 |
Advisors Asset Management
Monument,
Colorado
|
-$1.3M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$549K |
| 5 |
Great Lakes Advisors
Chicago,
Illinois
|
-$457K |
BRW Hedge Fund Activity: Q2 2014 in Review
79 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q2 2014, worth a combined $152M — up 9.7% from $139M a quarter earlier.
Fund positioning in BRW was balanced in Q2 2014: 14 funds opened new positions, 14 closed out, 20 added to existing stakes and 22 trimmed.
The largest buyer was Mariner Investment Group, opening a new position worth an estimated $4.34M. The largest seller was Invesco, exiting entirely with an estimated $18.7M sold.
- 79 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $152M of Saba Capital Income & Opportunities Fund stock for Q2 2014, up 9.7% quarter-over-quarter.
- 14 funds opened new Saba Capital Income & Opportunities Fund positions in Q2 2014 and 14 closed out, a net change of 0 holders.
- The largest Saba Capital Income & Opportunities Fund buyer in Q2 2014 was Mariner Investment Group, an estimated $4.34M added.
- The largest Saba Capital Income & Opportunities Fund seller in Q2 2014 was Invesco, an estimated $18.7M sold.
Based on aggregated 13F filings for Q2 2014.