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BRW

Saba Capital Income & Opportunities Fund

100 hedge funds and large institutions have $215M invested in Saba Capital Income & Opportunities Fund in 2015 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 33 increasing their positions, 23 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

188% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 8

43% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 23

18% more funds holding

Funds holding: 85100 (+15)

10% more capital invested

Capital invested by funds: $196M → $215M (+$19.8M)

1.33% more ownership

Funds ownership: 13.05%14.38% (+1.3%)

Holders
100
Holders Change
+15
Holders Change %
+17.65%
% of All Funds
2.62%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
23
Increased
33
Reduced
23
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$51.2M -$2.6M -259,300 -5%
Baillie Gifford & Co
2
Baillie Gifford & Co
United Kingdom
$36.9M
Bank of America
3
Bank of America
North Carolina
$11.4M -$852K -84,820 -7%
Janus Henderson Group
4
Janus Henderson Group
United Kingdom
$8.76M +$5.95M +592,841 +217%
Bessemer Group
5
Bessemer Group
New Jersey
$8.73M +$1.38M +137,500 +19%
1832 Asset Management
6
1832 Asset Management
Ontario, Canada
$8.41M
Invesco
7
Invesco
Georgia
$8.4M -$9.95M -991,168 -54%
GC
8
Guggenheim Capital
Illinois
$6.28M -$1.09M -108,192 -15%
KKRC
9
Kohlberg Kravis Roberts & Co
New York
$5.82M +$3.1M +308,954 +116%
JP Morgan Chase
10
JP Morgan Chase
New York
$5.54M -$110 -11 -0%
EVM
11
Eaton Vance Management
Massachusetts
$5.24M
NCM
12
Newgate Capital Management
Connecticut
$4.59M +$1.26M +125,242 +38%
BCC
13
Bain Capital Credit
Massachusetts
$4.33M +$4.29M +427,691 New
WCMNY
14
Westchester Capital Management (New York)
New York
$4.24M +$4.2M +418,501 New
UCFA
15
United Capital Financial Advisors
Texas
$4.03M +$15.4K +1,537 +0.4%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$4.01M +$86.1K +8,577 +2%
FIMG
17
Financial & Investment Management Group
Michigan
$3.13M +$1.81M +180,725 +140%
UBS Group
18
UBS Group
Switzerland
$2.84M +$416K +41,381 +17%
TAM
19
Trust Asset Management
Texas
$2.8M +$2.78M +277,068 New
Loomis, Sayles & Company
20
Loomis, Sayles & Company
Massachusetts
$2.28M
FWIA
21
Fort Washington Investment Advisors
Ohio
$2.26M +$2.24M +223,006 New
LPL Financial
22
LPL Financial
California
$2.02M +$1.14M +113,910 +129%
SPCM
23
Sound Point Capital Management
New York
$1.63M +$1.61M +160,556 New
Wells Fargo
24
Wells Fargo
California
$1.44M +$109K +10,813 +8%
CA
25
Cetera Advisors
Colorado
$1.43M +$265K +26,430 +23%

BRW Hedge Fund Activity: Q4 2015 in Review

100 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q4 2015, worth a combined $215M — up 10% from $196M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new BRW positions and 8 closed out — a net gain of 15 holders — while 33 added to existing stakes and 23 trimmed.

The largest buyer was Janus Henderson Group, adding an estimated $5.95M. The largest seller was Invesco, cutting an estimated $9.95M.

  • 100 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q4 2015, up from 85 in Q3 2015.
  • Funds reported $215M of Saba Capital Income & Opportunities Fund stock for Q4 2015, up 10% quarter-over-quarter.
  • 23 funds opened new Saba Capital Income & Opportunities Fund positions in Q4 2015 and 8 closed out, a net change of +15 holders.
  • The largest Saba Capital Income & Opportunities Fund buyer in Q4 2015 was Janus Henderson Group, an estimated $5.95M added.
  • The largest Saba Capital Income & Opportunities Fund seller in Q4 2015 was Invesco, an estimated $9.95M sold.

Based on aggregated 13F filings for Q4 2015.