Saba Capital Income & Opportunities Fund
BRW
96 hedge funds and large institutions have $130M invested in Saba Capital Income & Opportunities Fund in 2026 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 26 increasing their positions, 32 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
3% more funds holding
Funds holding: 93 → 96 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.73% less ownership
Funds ownership: 50.1% → 46.37% (-3.7%)
10% less capital invested
Capital invested by funds: $144M → $130M (-$14.1M)
19% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$1.44M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.28M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$859K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$511K |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$6.32M |
| 2 |
QL
Quarry LP
New York
|
-$2.93M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$1.45M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.03M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$958K |
BRW Hedge Fund Activity: Q2 2026 in Review
96 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q2 2026, worth a combined $130M — down 9.8% from $144M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BRW positions and 10 closed out — a net gain of 4 holders — while 26 added to existing stakes and 32 trimmed.
The largest buyer was J.W. Cole Advisors, opening a new position worth an estimated $1.44M. The largest seller was Absolute Investment Advisers, cutting an estimated $6.32M.
- 96 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q2 2026, up from 93 in Q1 2026.
- Funds reported $130M of Saba Capital Income & Opportunities Fund stock for Q2 2026, down 9.8% quarter-over-quarter.
- 14 funds opened new Saba Capital Income & Opportunities Fund positions in Q2 2026 and 10 closed out, a net change of +4 holders.
- The largest Saba Capital Income & Opportunities Fund buyer in Q2 2026 was J.W. Cole Advisors, an estimated $1.44M added.
- The largest Saba Capital Income & Opportunities Fund seller in Q2 2026 was Absolute Investment Advisers, an estimated $6.32M sold.
Based on aggregated 13F filings for Q2 2026.