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.
10% more capital invested
Capital invested by funds: $139M → $152M (+$13.4M)
0% more funds holding
Funds holding: 79 → 79 (0)
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
0.18% less ownership
Funds ownership: 8.09% → 7.92% (-0.18%)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$4.34M |
| 2 |
Morgan Stanley
New York
|
+$3.29M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.88M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.21M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$18.7M |
| 2 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$1.95M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.3M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$549K |
| 5 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$457K |
BRW Hedge Fund Activity: Q2 2014 in Review
79 of the 3,481 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.