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Saba Capital Income & Opportunities Fund

BRW
Exchange
NYSE
SEC CIK
0000826020

No open-market purchases or sales by Saba Capital Income & Opportunities Fund insiders were filed in the last 90 days; 96 institutions reported holding it in 13F filings for Q2 2026, worth $129.6M in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in Saba Capital Income & Opportunities Fund as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
79
−3 vs. Q4 2024
Shares held
12.1M
−1.02M (−7.7%) vs. Q4 2024
Total value
$94.0M
−$6.13M (−6.1%) vs. Q4 2024
New holders
13
21 more added
Sold out
16
23 more reduced

1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BRW on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 79 institutions
Q1 2021: 1 institutionQ2 2021: 80 institutionsQ3 2021: 80 institutionsQ4 2021: 89 institutionsQ1 2022: 74 institutionsQ2 2022: 64 institutionsQ3 2022: 63 institutionsQ4 2022: 71 institutionsQ1 2023: 66 institutionsQ2 2023: 62 institutionsQ3 2023: 68 institutionsQ4 2023: 76 institutionsQ1 2024: 71 institutionsQ2 2024: 72 institutionsQ3 2024: 70 institutionsQ4 2024: 83 institutionsQ1 2025: 79 institutionsQ2 2025: 80 institutionsQ3 2025: 93 institutionsQ4 2025: 102 institutionsQ1 2026: 93 institutionsQ2 2026: 96 institutions
Value heldQ1 2025: $94.0M
Q1 2021: $0Q2 2021: $309.7MQ3 2021: $170.5MQ4 2021: $177.5MQ1 2022: $167.2MQ2 2022: $149.4MQ3 2022: $139.9MQ4 2022: $134.3MQ1 2023: $140.9MQ2 2023: $126.1MQ3 2023: $118.3MQ4 2023: $120.0MQ1 2024: $98.9MQ2 2024: $72.6MQ3 2024: $99.2MQ4 2024: $100.2MQ1 2025: $94.0MQ2 2025: $96.9MQ3 2025: $99.6MQ4 2025: $141.6MQ1 2026: $143.7MQ2 2026: $129.6M
Institutions holding BRW and their total value by quarter
QuarterHoldersValue
Q2 202696$129.6M
Q1 202693$143.7M
Q4 2025102$141.6M
Q3 202593$99.6M
Q2 202580$96.9M
Q1 202579$94.0M
Q4 202483$100.2M
Q3 202470$99.2M
Q2 202472$72.6M
Q1 202471$98.9M
Q4 202376$120.0M
Q3 202368$118.3M
Q2 202362$126.1M
Q1 202366$140.9M
Q4 202271$134.3M
Q3 202263$139.9M
Q2 202264$149.4M
Q1 202274$167.2M
Q4 202189$177.5M
Q3 202180$170.5M
Q2 202180$309.7M
Q1 20211$0

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Saba Capital Income & Opportunities Fund; share changes are against Q4 2024.

Institutions holding BRW in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Kovitz Investment Group Partners, LLC2,757,876$21.4M0.11%+199,693+7.8%Added
Rivernorth Capital Management, LLC2,404,274$18.7M0.99%−402,835−14.4%Reduced
Morgan Stanley738,428$5.73M0.00%+10,462+1.4%Added
Invesco Ltd.614,821$4.77M0.00%+82,448+15.5%Added
Absolute Investment Advisers LLC614,217$4.77M0.70%−88,471−12.6%Reduced
Invesco Senior Secured Management Inc395,337$3.07M3.62%00.0%Unchanged
LPL Financial LLC376,329$2.92M0.00%+213,199+130.7%Added
Ethos Financial Group, LLC307,253$2.38M0.23%+307,253New
GWM Advisors LLC241,754$1.88M0.01%+119,259+97.4%Added
Quarry LP239,596$1.86M0.48%−36,705−13.3%Reduced
CSS LLC223,016$1.73M0.12%−50,263−18.4%Reduced
Advisors Asset Management, Inc.221,588$1.72M0.03%+221,588New
CF Capital LLC220,009$1.65M1.68%+220,009New
Shaker Financial Services, LLC193,307$1.50M0.58%−22,023−10.2%Reduced
J.W. Cole Advisors, Inc.187,960$1.46M0.05%+37,481+24.9%Added
Marks Group Wealth Management, Inc185,636$1.44M0.14%00.0%Unchanged
Scotia Capital Inc.184,479$1.43M0.01%−10,684−5.5%Reduced
Chicago Partners Investment Group LLC160,327$1.23M0.04%+3,876+2.5%Added
Baird Financial Group, Inc.146,371$1.14M0.00%+21,556+17.3%Added
Bank of America Corp125,490$973.8K0.00%+16,765+15.4%Added
Oak Hill Advisors LP90,832$704.9K0.15%−10.0%Reduced
Noble Wealth Management PBC90,059$698.9K0.48%+84,559+1,537.4%Added
Raymond James Financial Inc84,750$657.7K0.00%−221−0.3%Reduced
Stifel Financial Corp74,831$580.7K0.00%−20,000−21.1%Reduced
Bulldog Investors, LLP73,191$568.0K0.15%−133,598−64.6%Reduced
Adalta Capital Management LLC70,300$545.5K0.29%+11,765+20.1%Added
Landscape Capital Management, L.L.C.69,467$539.1K0.05%−19,966−22.3%Reduced
Millennium Management LLC67,035$520.2K0.00%+67,035New
Goldman Sachs Group Inc65,274$506.5K0.00%−1,000−1.5%Reduced
Wedbush Securities Inc64,369$500.0K0.02%+1,415+2.2%Added
Peak Financial Advisors LLC62,300$483.5K0.25%+1,121+1.8%Added
Cetera Investment Advisers59,642$462.8K0.00%+19,425+48.3%Added
Envestnet Asset Management Inc48,231$374.3K0.00%+48,231New
Cerity Partners LLC46,037$357.2K0.00%+46,037New
SeaCrest Wealth Management, LLC45,820$355.6K0.04%−8,445−15.6%Reduced
Westchester Capital Management, LLC44,689$346.8K0.02%00.0%Unchanged
The PNC Financial Services Group, Inc.42,890$332.8K0.00%+28,348+194.9%Added
Advisor Group Holdings, Inc.39,649$307.7K0.00%−2,489−5.9%Reduced
Modern Wealth Management, LLC30,725$238.4K0.01%+5,725+22.9%Added
Commonwealth Equity Services, LLC28,728$223.0K0.00%+921+3.3%Added
Walleye Capital LLC23,983$186.1K0.00%−4,344−15.3%Reduced
Gridiron Partners, LLC22,580$175.2K0.11%00.0%Unchanged
Kestra Private Wealth Services, LLC18,772$145.7K0.00%+565+3.1%Added
Readystate Asset Management LP18,453$143.2K0.01%−48,024−72.2%Reduced
M&T Bank Corp18,000$139.7K0.00%+18,000New
M Wealth Management, LLC17,250$133.9K0.12%+17,250New
UBS Group AG16,224$125.9K0.00%−47,777−74.7%Reduced
JPMorgan Chase & Co16,008$124.2K0.00%00.0%Unchanged
Comerica Bank15,471$120.1K0.00%00.0%Unchanged
Flagship Harbor Advisors, LLC14,984$116.3K0.01%+14,984New
CI Private Wealth, LLC14,342$111.3K0.00%−332−2.3%Reduced
Susquehanna International Group, LLP13,860$107.6K0.00%00.0%Unchanged
Captrust Financial Advisors13,756$106.7K0.00%+435+3.3%Added
Sage Capital Management, LLC13,500$104.8K0.06%00.0%Unchanged
HRT Financial LP13,208$102.0K0.00%+13,208New
Abacus Planning Group, Inc.12,547$97.4K0.02%00.0%Unchanged
Wells Fargo & Company12,483$96.9K0.00%00.0%Unchanged
MAI Capital Management11,575$89.8K0.00%−131−1.1%Reduced
Grove Street Fiduciary, LLC11,532$89.5K0.05%00.0%Unchanged
National Asset Management, Inc.10,998$85.3K0.00%−4,100−27.2%Reduced
Capital Investment Advisors, LLC10,965$85.1K0.00%00.0%Unchanged
Royal Bank of Canada10,891$84.0K0.00%−1,453−11.8%Reduced
Gamco Investors, Inc. Et Al10,500$81.5K0.00%+500+5.0%Added
Kestra Advisory Services, LLC10,484$81.4K0.00%+20+0.2%Added
Creative Financial Designs Inc10,349$80.3K0.01%−426−4.0%Reduced
Parallel Advisors, LLC6,834$53.0K0.00%−22,515−76.7%Reduced
Winmill & Co. Inc3,600$27.9K0.01%00.0%Unchanged
Clearstead Advisors, LLC3,000$23.3K0.00%00.0%Unchanged
Eastern Bank2,200$17.1K0.00%00.0%Unchanged
Wealth Preservation Advisors, LLC2,000$15.5K0.01%+2,000New
Capital Advisors, Ltd. LLC1,622$13.0K0.00%00.0%Unchanged
Consultiva Wealth Management, Corp.1,350$10.5K0.04%+1,350New
North Capital, Inc.1,269$9.85K0.01%+1,269New
Spire Wealth Management1,000$7.76K0.00%00.0%Unchanged
Kentucky Trust Co500$3.88K0.00%00.0%Unchanged
Bellevue Asset Management, LLC420$3.26K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC400$3.10K0.00%00.0%Unchanged
Investors Research Corp387$3.00K0.00%00.0%Unchanged
Stonebridge Financial Group, LLC1$90.00%00.0%Unchanged
Penserra Capital Management LLC0$00.00%−1,257,178−100.0%Sold out
Saba Capital Management, L.P.0$00.00%−333,902−100.0%Sold out
Next Capital Management LLC0$00.00%−110,322−100.0%Sold out
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors0$00.00%−64,060−100.0%Sold out
HighTower Advisors, LLC0$00.00%−43,877−100.0%Sold out
Bryn Mawr Trust Co0$00.00%−28,380−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−25,000−100.0%Sold out
XTX Topco Ltd0$00.00%−18,466−100.0%Sold out
Marex Group plc0$00.00%−16,472−100.0%Sold out
CNH Partners LLC0$00.00%−12,798−100.0%Sold out
Apollon Wealth Management, LLC0$00.00%−10,127−100.0%Sold out
Raleigh Capital Management Inc.0$00.00%−2,400−100.0%Sold out
Elequin Capital LP0$00.00%−2,220−100.0%Sold out
Bessemer Group Inc0$00.00%−1,422−100.0%Sold out
BlackRock, Inc.0$00.00%−300−100.0%Sold out
North Star Investment Management Corp.0$00.00%−155−100.0%Sold out
Global Retirement Partners, LLC––––Not filed