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, Q4 2025
Institutional positions in Saba Capital Income & Opportunities Fund as of Dec 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
- 102
- +9 vs. Q3 2025
- Shares held
- 20.2M
- −35.2M (−63.6%) vs. Q3 2025
- Total value
- $141.6M
- +$42.0M (+42.1%) vs. Q3 2025
- New holders
- 23
- 41 more added
- Sold out
- 14
- 17 more reduced
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 96 | $129.6M |
| Q1 2026 | 93 | $143.7M |
| Q4 2025 | 102 | $141.6M |
| Q3 2025 | 93 | $99.6M |
| Q2 2025 | 80 | $96.9M |
| Q1 2025 | 79 | $94.0M |
| Q4 2024 | 83 | $100.2M |
| Q3 2024 | 70 | $99.2M |
| Q2 2024 | 72 | $72.6M |
| Q1 2024 | 71 | $98.9M |
| Q4 2023 | 76 | $120.0M |
| Q3 2023 | 68 | $118.3M |
| Q2 2023 | 62 | $126.1M |
| Q1 2023 | 66 | $140.9M |
| Q4 2022 | 71 | $134.3M |
| Q3 2022 | 63 | $139.9M |
| Q2 2022 | 64 | $149.4M |
| Q1 2022 | 74 | $167.2M |
| Q4 2021 | 89 | $177.5M |
| Q3 2021 | 80 | $170.5M |
| Q2 2021 | 80 | $309.7M |
| Q1 2021 | 1 | $0 |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Saba Capital Income & Opportunities Fund; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Colony Group, LLC | 3,008,267 | $21.1M | 0.02% | +3,008,267 | New |
| Rivernorth Capital Management, LLC | 2,016,781 | $14.1M | 0.67% | +1,635,307+428.7% | Added |
| Thomas J. Herzfeld Advisors, Inc. | 1,834,714 | $12.9M | 4.35% | +659,707+56.1% | Added |
| Penserra Capital Management LLC | 1,289,104 | $9.04M | 0.11% | +119,304+10.2% | Added |
| Seven Mile Advisory | 816,075 | $5.72M | 0.98% | +206,453+33.9% | Added |
| Blue Bell Private Wealth Management, LLC | 760,779 | $5.33M | 0.78% | +713,834+1,520.6% | Added |
| CSS LLC | 739,304 | $5.18M | 0.29% | +624,274+542.7% | Added |
| Absolute Investment Advisers LLC | 732,116 | $5.14M | 0.59% | +698,647+2,087.4% | Added |
| Invesco Ltd. | 716,996 | $5.03M | 0.00% | +176,692+32.7% | Added |
| Morgan Stanley | 684,249 | $4.80M | 0.00% | −46,894−6.4% | Reduced |
| Envestnet Asset Management Inc | 631,818 | $4.43M | 0.00% | −78,459−11.0% | Reduced |
| UBS Group AG | 423,721 | $2.97M | 0.00% | +368,810+671.7% | Added |
| LPL Financial LLC | 417,759 | $2.93M | 0.00% | +2,874+0.7% | Added |
| Flax Pond Capital, LLC | 395,786 | $2.77M | 2.06% | +395,786 | New |
| Advisors Asset Management, Inc. | 300,682 | $2.11M | 0.04% | +2,136+0.7% | Added |
| Quarry LP | 289,225 | $2.03M | 0.33% | +179,941+164.7% | Added |
| Ethos Financial Group, LLC | 266,401 | $1.87M | 0.14% | −16,752−5.9% | Reduced |
| Adalta Capital Management LLC | 225,787 | $1.58M | 0.71% | +48,287+27.2% | Added |
| GWM Advisors LLC | 216,685 | $1.52M | 0.01% | −93,160−30.1% | Reduced |
| Scotia Capital Inc. | 215,519 | $1.51M | 0.01% | +97,216+82.2% | Added |
| J.W. Cole Advisors, Inc. | 214,852 | $1.51M | 0.04% | −2,116−1.0% | Reduced |
| Marks Group Wealth Management, Inc | 185,636 | $1.30M | 0.12% | 00.0% | Unchanged |
| Baird Financial Group, Inc. | 185,004 | $1.30M | 0.00% | +35,895+24.1% | Added |
| Shaker Financial Services, LLC | 181,599 | $1.27M | 0.40% | +121,036+199.9% | Added |
| Modern Wealth Management, LLC | 180,483 | $1.27M | 0.02% | +19,031+11.8% | Added |
| Logan Stone Capital, LLC | 176,138 | $1.23M | 0.30% | +176,138 | New |
| SVRN Asset Management, LLC | 175,886 | $1.23M | 1.02% | +175,886 | New |
| Advisor Group Holdings, Inc. | 170,770 | $1.20M | 0.00% | +122,641+254.8% | Added |
| Park Avenue Securities LLC | 168,654 | $1.18M | 0.01% | +168,654 | New |
| CF Capital LLC | 163,114 | $1.14M | 0.57% | +53,114+48.3% | Added |
| Noble Wealth Management PBC | 151,704 | $1.06M | 0.53% | +58,203+62.2% | Added |
| Jane Street Group, LLC | 143,492 | $1.01M | 0.00% | +107,662+300.5% | Added |
| RSM US Wealth Management LLC | 137,489 | $971.7K | 0.01% | +42,231+44.3% | Added |
| Chicago Partners Investment Group LLC | 136,337 | $938.0K | 0.02% | −9,496−6.5% | Reduced |
| Yakira Capital Management, Inc. | 129,276 | $906.2K | 0.30% | −7,524−5.5% | Reduced |
| Cohen & Steers, Inc. | 110,000 | $771.0K | 0.00% | +95,000+633.3% | Added |
| Raymond James Financial Inc | 104,008 | $729.1K | 0.00% | +451+0.4% | Added |
| Bank of America Corp | 96,795 | $678.5K | 0.00% | +4,146+4.5% | Added |
| Next Capital Management LLC | 88,927 | $623.4K | 0.20% | 00.0% | Unchanged |
| Landscape Capital Management, L.L.C. | 88,563 | $620.8K | 0.04% | +2,393+2.8% | Added |
| Peak Financial Advisors LLC | 84,683 | $593.6K | 0.27% | +20,983+32.9% | Added |
| Readystate Asset Management LP | 73,688 | $516.6K | 0.02% | −15,643−17.5% | Reduced |
| Matisse Capital | 65,333 | $458.0K | 0.20% | +65,333 | New |
| IHT Wealth Management, LLC | 55,323 | $387.8K | 0.01% | +21,198+62.1% | Added |
| Nine Masts Capital Ltd | 54,542 | $382.3K | 0.07% | +54,542 | New |
| Wedbush Securities Inc | 53,699 | $376.0K | 0.01% | −3,850−6.7% | Reduced |
| TrueMark Investments, LLC | 53,036 | $371.8K | 0.07% | +53,036 | New |
| Cerity Partners LLC | 50,204 | $351.9K | 0.00% | +1,149+2.3% | Added |
| SeaCrest Wealth Management, LLC | 46,548 | $326.7K | 0.03% | +789+1.7% | Added |
| Cetera Investment Advisers | 42,913 | $300.8K | 0.00% | −1,043−2.4% | Reduced |
| Flagship Harbor Advisors, LLC | 41,750 | $292.7K | 0.01% | +6,201+17.4% | Added |
| Integrated Capital Management, Inc. | 39,528 | $277.1K | 0.18% | +39,528 | New |
| The PNC Financial Services Group, Inc. | 34,327 | $240.6K | 0.00% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 33,957 | $238.0K | 0.00% | +601+1.8% | Added |
| HighTower Advisors, LLC | 33,385 | $234.0K | 0.00% | +33,385 | New |
| Stifel Financial Corp | 31,963 | $224.1K | 0.00% | −85,221−72.7% | Reduced |
| Commonwealth Equity Services, LLC | 30,265 | $212.2K | 0.00% | +742+2.5% | Added |
| Virtu Financial LLC | 24,860 | $174.0K | 0.01% | +24,860 | New |
| Citadel Advisors LLC | 23,728 | $166.3K | 0.00% | +23,728 | New |
| Gridiron Partners, LLC | 23,441 | $164.3K | 0.09% | −42,607,485−99.9% | Reduced |
| Tactive Advisors, LLC | 22,527 | $157.9K | 0.05% | +22,527 | New |
| Westchester Capital Management, LLC | 22,344 | $156.6K | 0.01% | 00.0% | Unchanged |
| M&T Bank Corp | 18,000 | $126.2K | 0.00% | 00.0% | Unchanged |
| Apollon Wealth Management, LLC | 17,805 | $124.8K | 0.00% | +297+1.7% | Added |
| CI Private Wealth, LLC | 17,204 | $120.6K | 0.00% | +2,126+14.1% | Added |
| Decision Investments, Inc | 15,700 | $110.1K | 0.12% | +15,700 | New |
| MML Investors Services, LLC | 15,421 | $108.1K | 0.00% | +15,421 | New |
| Royal Bank of Canada | 15,319 | $108.0K | 0.00% | +614+4.2% | Added |
| Captrust Financial Advisors | 15,183 | $106.4K | 0.00% | −1,975−11.5% | Reduced |
| Comerica Bank | 14,523 | $101.8K | 0.00% | +6,552+82.2% | Added |
| Closed-End Fund Advisors, Inc. | 14,310 | $100.3K | 0.06% | +14,310 | New |
| Gamco Investors, Inc. Et Al | 14,000 | $98.1K | 0.00% | +14,000 | New |
| Susquehanna International Group, LLP | 13,860 | $97.2K | 0.00% | 00.0% | Unchanged |
| Sage Capital Management, LLC | 13,500 | $94.6K | 0.04% | 00.0% | Unchanged |
| Manchester Financial Inc | 12,004 | $84.2K | 0.02% | +12,004 | New |
| Grove Street Fiduciary, LLC | 11,532 | $80.8K | 0.03% | 00.0% | Unchanged |
| Two Sigma Securities, LLC | 11,178 | $78.4K | 0.01% | +11,178 | New |
| JPMorgan Chase & Co | 10,991 | $77.0K | 0.00% | +10,991 | New |
| Perennial Advisors, LLC | 10,387 | $72.8K | 0.01% | +359+3.6% | Added |
| Kestra Advisory Services, LLC | 6,964 | $48.8K | 0.00% | −3,393−32.8% | Reduced |
| Parallel Advisors, LLC | 6,834 | $47.9K | 0.00% | −17,283−71.7% | Reduced |
| MAI Capital Management | 4,543 | $31.8K | 0.00% | −4,524−49.9% | Reduced |
| Winmill & Co. Inc | 3,700 | $25.9K | 0.01% | +100+2.8% | Added |
| Clearstead Advisors, LLC | 3,000 | $21.0K | 0.00% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 2,181 | $15.3K | 0.00% | −400−15.5% | Reduced |
| Wealth Preservation Advisors, LLC | 2,000 | $14.0K | 0.01% | 00.0% | Unchanged |
| Kilter Group LLC | 1,715 | $12.0K | 0.01% | +1,715 | New |
| Capital Advisors, Ltd. LLC | 1,622 | $11.0K | 0.00% | 00.0% | Unchanged |
| Consultiva Wealth Management, Corp. | 1,350 | $9.46K | 0.03% | 00.0% | Unchanged |
| CWM, LLC | 1,161 | $8.00K | 0.00% | +308+36.1% | Added |
| Financial Consulate, Inc | 1,000 | $7.01K | 0.00% | 00.0% | Unchanged |
| Spire Wealth Management | 1,000 | $7.01K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 600 | $4.21K | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 573 | $4.01K | 0.00% | +573 | New |
| Steward Partners Investment Advisory, LLC | 533 | $3.74K | 0.00% | +133+33.3% | Added |
| ESL Trust Services, LLC | 501 | $3.51K | 0.00% | 00.0% | Unchanged |
| Kentucky Trust Co | 500 | $3.50K | 0.00% | 00.0% | Unchanged |
| Bellevue Asset Management, LLC | 420 | $2.95K | 0.00% | 00.0% | Unchanged |
| Highline Wealth Partners LLC | 350 | $2.45K | 0.00% | 00.0% | Unchanged |
| Global Retirement Partners, LLC | 187 | $1.31K | 0.00% | 00.0% | Unchanged |