Saba Capital Income & Opportunities Fund
BRW
90 hedge funds and large institutions have $176M invested in Saba Capital Income & Opportunities Fund in 2015 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 25 increasing their positions, 21 reducing their positions, and 9 closing their positions.
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
19% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 21
13% more funds holding
Funds holding: 80 → 90 (+10)
1.04% more ownership
Funds ownership: 9.72% → 10.76% (+1%)
4% more capital invested
Capital invested by funds: $169M → $176M (+$6.56M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$5.72M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$3.94M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.93M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$3.55M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.74M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.29M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.15M |
| 4 |
HNB
Huntington National Bank
Columbus,
Ohio
|
-$911K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$836K |
BRW Hedge Fund Activity: Q2 2015 in Review
90 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q2 2015, worth a combined $176M — up 3.9% from $169M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BRW positions and 9 closed out — a net gain of 10 holders — while 25 added to existing stakes and 21 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $5.72M. The largest seller was Financial & Investment Management Group, cutting an estimated $1.74M.
- 90 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q2 2015, up from 80 in Q1 2015.
- Funds reported $176M of Saba Capital Income & Opportunities Fund stock for Q2 2015, up 3.9% quarter-over-quarter.
- 19 funds opened new Saba Capital Income & Opportunities Fund positions in Q2 2015 and 9 closed out, a net change of +10 holders.
- The largest Saba Capital Income & Opportunities Fund buyer in Q2 2015 was Eaton Vance Management, an estimated $5.72M added.
- The largest Saba Capital Income & Opportunities Fund seller in Q2 2015 was Financial & Investment Management Group, an estimated $1.74M sold.
Based on aggregated 13F filings for Q2 2015.