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BRW

Saba Capital Income & Opportunities Fund

84 hedge funds and large institutions have $102M invested in Saba Capital Income & Opportunities Fund in 2024 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 4

20% more funds holding

Funds holding: 7084 (+14)

3% more capital invested

Capital invested by funds: $99.2M → $102M (+$2.51M)

0.63% more ownership

Funds ownership: 30.74%31.36% (+0.63%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

13% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 24

Holders
84
Holders Change
+14
Holders Change %
+20%
% of All Funds
1.11%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
20
Increased
21
Reduced
24
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$21.4M -$1.93M -253,588 -8%
Kovitz Investment Group Partners
2
Kovitz Investment Group Partners
Illinois
$19.5M +$660K +86,736 +4%
PCM
3
Penserra Capital Management
California
$9.58M +$384K +50,508 +4%
Morgan Stanley
4
Morgan Stanley
New York
$5.55M -$598K -78,583 -10%
AIA
5
Absolute Investment Advisers
Florida
$5.35M +$5.34M +702,688 New
Invesco
6
Invesco
Georgia
$4.06M -$247K -32,452 -6%
ISSM
7
Invesco Senior Secured Management
New York
$3.01M
SCM
8
Saba Capital Management
New York
$2.54M -$2.9M -381,520 -53%
QL
9
Quarry LP
New York
$2.11M +$2.1M +276,301 New
CL
10
CSS LLC
Illinois
$2.08M -$53K -6,964 -2%
SFS
11
Shaker Financial Services
Virginia
$1.64M +$925K +121,673 +130%
BI
12
Bulldog Investors
New Jersey
$1.58M -$263K -34,612 -14%
AGM
13
Alpine Global Management
New York
$1.52M -$570K -75,000 -27%
SC
14
Scotia Capital
Ontario, Canada
$1.49M -$199K -26,123 -12%
MGWM
15
Marks Group Wealth Management
Minnesota
$1.41M
LPL Financial
16
LPL Financial
California
$1.24M +$159K +20,924 +15%
CPIG
17
Chicago Partners Investment Group
Illinois
$1.23M +$37.2K +4,894 +3%
JWCA
18
J.W. Cole Advisors
Florida
$1.15M +$434K +57,039 +61%
Baird Financial Group
19
Baird Financial Group
Wisconsin
$951K -$452K -59,397 -32%
NA
20
NewEdge Advisors
Louisiana
$933K +$709K +93,191 +318%
NCM
21
Next Capital Management
New York
$841K -$344K -45,294 -29%
Bank of America
22
Bank of America
North Carolina
$828K +$86.5K +11,377 +12%
Stifel Financial
23
Stifel Financial
Missouri
$723K +$457K +60,057 +173%
OHA
24
Oak Hill Advisors
New York
$692K +$8 +1 +0%
LCM
25
Landscape Capital Management
New Jersey
$681K -$498K -65,551 -42%

BRW Hedge Fund Activity: Q4 2024 in Review

84 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q4 2024, worth a combined $102M — up 2.5% from $99.2M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new BRW positions and 4 closed out — a net gain of 16 holders — while 21 added to existing stakes and 24 trimmed.

The largest buyer was Absolute Investment Advisers, opening a new position worth an estimated $5.34M. The largest seller was Saba Capital Management, cutting an estimated $2.9M.

  • 84 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q4 2024, up from 70 in Q3 2024.
  • Funds reported $102M of Saba Capital Income & Opportunities Fund stock for Q4 2024, up 2.5% quarter-over-quarter.
  • 20 funds opened new Saba Capital Income & Opportunities Fund positions in Q4 2024 and 4 closed out, a net change of +16 holders.
  • The largest Saba Capital Income & Opportunities Fund buyer in Q4 2024 was Absolute Investment Advisers, an estimated $5.34M added.
  • The largest Saba Capital Income & Opportunities Fund seller in Q4 2024 was Saba Capital Management, an estimated $2.9M sold.

Based on aggregated 13F filings for Q4 2024.