Saba Capital Income & Opportunities Fund
BRW
72 hedge funds and large institutions have $72.6M invested in Saba Capital Income & Opportunities Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 26 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
0% more funds holding
Funds holding: 72 → 72 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7.62% less ownership
Funds ownership: 31.83% → 24.21% (-7.6%)
23% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 26
27% less capital invested
Capital invested by funds: $99.2M → $72.6M (-$26.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$579K |
| 2 |
MGWM
Marks Group Wealth Management
Minnetonka,
Minnesota
|
+$579K |
| 3 |
Morgan Stanley
New York
|
+$398K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$359K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$17.3M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$3.73M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.02M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$904K |
| 5 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
-$333K |
BRW Hedge Fund Activity: Q2 2024 in Review
72 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q2 2024, worth a combined $72.6M — down 27% from $99.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BRW positions and 5 closed out — a net gain of 1 holder — while 20 added to existing stakes and 26 trimmed.
The largest buyer was Absolute Investment Advisers, adding an estimated $579K. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $17.3M sold.
- 72 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $72.6M of Saba Capital Income & Opportunities Fund stock for Q2 2024, down 27% quarter-over-quarter.
- 6 funds opened new Saba Capital Income & Opportunities Fund positions in Q2 2024 and 5 closed out, a net change of +1 holder.
- The largest Saba Capital Income & Opportunities Fund buyer in Q2 2024 was Absolute Investment Advisers, an estimated $579K added.
- The largest Saba Capital Income & Opportunities Fund seller in Q2 2024 was Relative Value Partners Group, an estimated $17.3M sold.
Based on aggregated 13F filings for Q2 2024.