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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, Q2 2025

Institutional positions in Saba Capital Income & Opportunities Fund as of Jun 30, 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
80
+2 vs. Q1 2025
Shares held
12.0M
−19.3K (−0.2%) vs. Q1 2025
Total value
$96.9M
+$3.57M (+3.8%) vs. Q1 2025
New holders
10
25 more added
Sold out
8
22 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 80 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 heldQ2 2025: $96.9M
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, Q2 2025

Shares, value and share of portfolio for each institution holding Saba Capital Income & Opportunities Fund; share changes are against Q1 2025.

Institutions holding BRW in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Kovitz Investment Group Partners, LLC2,746,958$22.1M0.09%−10,918−0.4%Reduced
Rivernorth Capital Management, LLC1,875,203$15.1M0.84%−529,071−22.0%Reduced
Morgan Stanley733,954$5.92M0.00%−4,474−0.6%Reduced
Absolute Investment Advisers LLC685,417$5.52M0.68%+71,200+11.6%Added
Invesco Ltd.559,740$4.51M0.00%−55,081−9.0%Reduced
Thomas J. Herzfeld Advisors, Inc.446,455$3.60M1.28%+446,455New
LPL Financial LLC406,845$3.28M0.00%+30,516+8.1%Added
Invesco Senior Secured Management Inc395,337$3.19M4.48%00.0%Unchanged
Advisors Asset Management, Inc.317,129$2.56M0.05%+95,541+43.1%Added
GWM Advisors LLC282,185$2.27M0.01%+40,431+16.7%Added
Ethos Financial Group, LLC269,718$2.17M0.19%−37,535−12.2%Reduced
Quarry LP265,396$2.14M0.49%+25,800+10.8%Added
J.W. Cole Advisors, Inc.199,515$1.61M0.03%+11,555+6.1%Added
Marks Group Wealth Management, Inc185,636$1.50M0.14%00.0%Unchanged
CF Capital LLC179,828$1.45M1.85%−40,181−18.3%Reduced
Modern Wealth Management, LLC159,255$1.28M0.03%+128,530+418.3%Added
Chicago Partners Investment Group LLC143,845$1.21M0.03%−16,482−10.3%Reduced
Baird Financial Group, Inc.148,026$1.19M0.00%+1,655+1.1%Added
Scotia Capital Inc.139,859$1.13M0.01%−44,620−24.2%Reduced
CSS LLC134,113$1.08M0.07%−88,903−39.9%Reduced
Bank of America Corp109,860$885.5K0.00%−15,630−12.5%Reduced
Next Capital Management LLC99,725$803.8K0.30%+99,725New
Raymond James Financial Inc98,579$794.5K0.00%+13,829+16.3%Added
Adalta Capital Management LLC95,200$767.3K0.39%+24,900+35.4%Added
Shaker Financial Services, LLC82,220$662.7K0.24%−111,087−57.5%Reduced
Oak Hill Advisors LP79,343$639.5K0.16%−11,489−12.6%Reduced
Stifel Financial Corp79,009$636.8K0.00%+4,178+5.6%Added
Goldman Sachs Group Inc67,494$544.0K0.00%+2,220+3.4%Added
Cetera Investment Advisers63,974$515.6K0.00%+4,332+7.3%Added
Peak Financial Advisors LLC63,431$511.3K0.26%+1,131+1.8%Added
Wedbush Securities Inc56,299$454.0K0.02%−8,070−12.5%Reduced
Almitas Capital LLC55,799$449.7K0.11%+55,799New
Envestnet Asset Management Inc52,238$421.0K0.00%+4,007+8.3%Added
UBS Group AG51,020$411.2K0.00%+34,796+214.5%Added
Cerity Partners LLC47,562$383.3K0.00%+1,525+3.3%Added
Westchester Capital Management, LLC44,689$360.2K0.02%00.0%Unchanged
SeaCrest Wealth Management, LLC43,607$351.5K0.04%−2,213−4.8%Reduced
The PNC Financial Services Group, Inc.42,890$345.7K0.00%00.0%Unchanged
RSM US Wealth Management LLC37,438$301.8K0.00%+37,438New
Advisor Group Holdings, Inc.36,553$294.6K0.00%−3,096−7.8%Reduced
Millennium Management LLC35,941$289.7K0.00%−31,094−46.4%Reduced
Commonwealth Equity Services, LLC27,211$219.0K0.00%−1,517−5.3%Reduced
Wetherby Asset Management Inc25,107$202.4K0.01%+25,107New
Jane Street Group, LLC24,794$199.8K0.00%+24,794New
Gridiron Partners, LLC22,580$182.0K0.11%00.0%Unchanged
Kestra Private Wealth Services, LLC19,362$156.1K0.00%+590+3.1%Added
Parallel Advisors, LLC19,297$155.5K0.00%+12,463+182.4%Added
Flagship Harbor Advisors, LLC19,198$154.7K0.01%+4,214+28.1%Added
HRT Financial LP18,909$152.0K0.00%+5,701+43.2%Added
M&T Bank Corp18,000$145.1K0.00%00.0%Unchanged
Captrust Financial Advisors16,712$134.7K0.00%+2,956+21.5%Added
JPMorgan Chase & Co16,008$129.0K0.00%00.0%Unchanged
CI Private Wealth, LLC14,693$118.4K0.00%+351+2.4%Added
Susquehanna International Group, LLP13,860$111.7K0.00%00.0%Unchanged
Sage Capital Management, LLC13,500$108.8K0.05%00.0%Unchanged
Virtu Financial LLC12,513$101.0K0.01%+12,513New
Grove Street Fiduciary, LLC11,532$92.9K0.04%00.0%Unchanged
Capital Investment Advisors, LLC10,965$88.4K0.00%00.0%Unchanged
Royal Bank of Canada10,890$88.0K0.00%−10.0%Reduced
Kestra Advisory Services, LLC10,546$85.0K0.00%+62+0.6%Added
Gamco Investors, Inc. Et Al10,500$84.6K0.00%00.0%Unchanged
Creative Financial Designs Inc10,427$84.0K0.01%+78+0.8%Added
M Wealth Management, LLC10,000$80.6K0.07%−7,250−42.0%Reduced
MAI Capital Management9,567$77.1K0.00%−2,008−17.3%Reduced
Comerica Bank7,971$64.2K0.00%−7,500−48.5%Reduced
Newbridge Financial Services Group, Inc.5,767$46.5K0.01%+5,767New
Winmill & Co. Inc3,600$29.0K0.01%00.0%Unchanged
Clearstead Advisors, LLC3,000$24.2K0.00%00.0%Unchanged
Wealth Preservation Advisors, LLC2,000$16.1K0.01%00.0%Unchanged
Ameritas Advisory Services, LLC1,920$15.5K0.00%+1,920New
Capital Advisors, Ltd. LLC1,622$13.0K0.00%00.0%Unchanged
Consultiva Wealth Management, Corp.1,350$10.9K0.03%00.0%Unchanged
North Capital, Inc.1,269$10.2K0.01%00.0%Unchanged
Spire Wealth Management1,000$8.06K0.00%00.0%Unchanged
Kentucky Trust Co500$4.03K0.00%00.0%Unchanged
Bellevue Asset Management, LLC420$3.38K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC400$3.22K0.00%00.0%Unchanged
Investors Research Corp387$3.12K0.00%00.0%Unchanged
Global Retirement Partners, LLC187$1.51K0.00%+187New
Wells Fargo & Company1$80.00%−12,482−100.0%Reduced
Bulldog Investors, LLP0$00.00%−73,191−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−69,467−100.0%Sold out
Walleye Capital LLC0$00.00%−23,983−100.0%Sold out
Readystate Asset Management LP0$00.00%−18,453−100.0%Sold out
Abacus Planning Group, Inc.0$00.00%−12,547−100.0%Sold out
National Asset Management, Inc.0$00.00%−10,998−100.0%Sold out
Eastern Bank0$00.00%−2,200−100.0%Sold out
Stonebridge Financial Group, LLC0$00.00%−1−100.0%Sold out
Noble Wealth Management PBC––––Not filed