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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 2026

Institutional positions in Saba Capital Income & Opportunities Fund as of Mar 31, 2026. 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
93
−7 vs. Q4 2025
Shares held
21.3M
+1.13M (+5.6%) vs. Q4 2025
Total value
$143.7M
+$2.24M (+1.6%) vs. Q4 2025
New holders
12
33 more added
Sold out
19
29 more reduced

2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 93 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 2026: $143.7M
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 2026

Shares, value and share of portfolio for each institution holding Saba Capital Income & Opportunities Fund; share changes are against Q4 2025.

Institutions holding BRW in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Colony Group, LLC2,960,544$20.0M0.02%−47,723−1.6%Reduced
Toronto Dominion Bank2,278,240$15.4M0.03%+2,278,240New
Rivernorth Capital Management, LLC2,003,606$13.5M0.68%−13,175−0.7%Reduced
Penserra Capital Management LLC1,454,841$9.80M0.12%+165,737+12.9%Added
Thomas J. Herzfeld Advisors, Inc.1,417,189$9.55M3.25%−417,525−22.8%Reduced
Absolute Investment Advisers LLC995,965$6.71M0.79%+263,849+36.0%Added
Envestnet Asset Management Inc885,794$5.97M0.00%+253,976+40.2%Added
Blue Bell Private Wealth Management, LLC802,010$5.41M0.78%+41,231+5.4%Added
Invesco Ltd.792,899$5.34M0.00%+75,903+10.6%Added
CSS LLC708,242$4.77M0.27%−31,062−4.2%Reduced
Morgan Stanley642,177$4.33M0.00%−42,072−6.1%Reduced
UBS Group AG475,890$3.21M0.00%+52,169+12.3%Added
LPL Financial LLC475,359$3.20M0.00%+57,600+13.8%Added
Quarry LP458,877$3.09M0.62%+169,652+58.7%Added
Flax Pond Capital, LLC405,786$2.73M2.20%+10,000+2.5%Added
Advisors Asset Management, Inc.298,824$2.01M0.03%−1,858−0.6%Reduced
Ethos Financial Group, LLC266,401$1.87M0.14%00.0%Unchanged
Adalta Capital Management LLC240,672$1.62M0.78%+14,885+6.6%Added
Scotia Capital Inc.217,374$1.47M0.01%+1,855+0.9%Added
Modern Wealth Management, LLC201,277$1.35M0.02%+20,794+11.5%Added
Advisor Group Holdings, Inc.198,986$1.34M0.00%+28,216+16.5%Added
Baird Financial Group, Inc.184,113$1.24M0.00%−891−0.5%Reduced
Park Avenue Securities LLC178,692$1.20M0.01%+10,038+6.0%Added
SVRN Asset Management, LLC178,495$1.20M1.16%+2,609+1.5%Added
Marks Group Wealth Management, Inc172,790$1.16M0.11%−12,846−6.9%Reduced
Landscape Capital Management, L.L.C.158,763$1.07M0.07%+70,200+79.3%Added
Logan Stone Capital, LLC153,367$1.03M0.29%−22,771−12.9%Reduced
Chicago Partners Investment Group LLC129,110$885.7K0.02%−7,227−5.3%Reduced
Yakira Capital Management, Inc.127,896$862.0K0.25%−1,380−1.1%Reduced
Raymond James Financial Inc113,141$762.6K0.00%+9,133+8.8%Added
Rpo LLC94,567$637.4K2.57%+94,567New
CF Capital LLC94,432$636.5K0.77%−68,682−42.1%Reduced
RSM US Wealth Management LLC94,181$634.8K0.01%−43,308−31.5%Reduced
Next Capital Management LLC88,927$599.4K0.18%00.0%Unchanged
Peak Financial Advisors LLC87,938$592.7K0.26%+3,255+3.8%Added
Cohen & Steers, Inc.80,000$539.0K0.00%−30,000−27.3%Reduced
IHT Wealth Management, LLC75,993$512.2K0.01%+20,670+37.4%Added
Bank of America Corp71,414$481.3K0.00%−25,381−26.2%Reduced
Matisse Capital65,333$440.3K0.19%00.0%Unchanged
TrueMark Investments, LLC55,892$376.7K0.07%+2,856+5.4%Added
Gridiron Partners, LLC54,852$369.7K0.23%+31,411+134.0%Added
Wedbush Securities Inc52,324$353.0K0.01%−1,375−2.6%Reduced
SeaCrest Wealth Management, LLC47,033$317.0K0.03%+485+1.0%Added
XTX Topco Ltd44,831$302.2K0.01%+44,831New
Integrated Capital Management, Inc.44,648$300.9K0.20%+5,120+13.0%Added
Readystate Asset Management LP44,264$298.3K0.02%−29,424−39.9%Reduced
The PNC Financial Services Group, Inc.44,072$297.0K0.00%+9,745+28.4%Added
Cetera Investment Advisers42,006$283.1K0.00%−907−2.1%Reduced
Flagship Harbor Advisors, LLC40,806$275.0K0.01%−944−2.3%Reduced
Commonwealth Equity Services, LLC37,585$253.3K0.00%+7,320+24.2%Added
Stifel Financial Corp31,960$215.4K0.00%−30.0%Reduced
HighTower Advisors, LLC30,393$204.8K0.00%−2,992−9.0%Reduced
Marex Group plc30,000$202.2K0.00%+30,000New
Noble Wealth Management PBC28,208$190.1K0.10%−123,496−81.4%Reduced
Alpine Global Management, LLC27,021$182.1K0.03%+27,021New
GWM Advisors LLC22,052$148.6K0.00%−194,633−89.8%Reduced
Tactive Advisors, LLC18,685$125.9K0.04%−3,842−17.1%Reduced
M&T Bank Corp18,000$121.3K0.00%00.0%Unchanged
Decision Investments, Inc17,800$120.0K0.14%+2,100+13.4%Added
Apollon Wealth Management, LLC16,039$108.1K0.00%−1,766−9.9%Reduced
Captrust Financial Advisors15,767$106.3K0.00%+584+3.8%Added
Citadel Advisors LLC14,871$100.2K0.00%−8,857−37.3%Reduced
Fifth Third Bancorp14,523$97.9K0.00%+14,523New
Gamco Investors, Inc. Et Al14,000$94.4K0.00%00.0%Unchanged
Evolve Private Wealth, LLC13,991$94.3K0.01%+13,991New
Susquehanna International Group, LLP13,860$93.4K0.00%00.0%Unchanged
MML Investors Services, LLC12,472$84.1K0.00%−2,949−19.1%Reduced
Manchester Financial Inc12,315$83.0K0.02%+311+2.6%Added
Lido Advisors, LLC11,590$78.1K0.00%+11,590New
Grove Street Fiduciary, LLC11,532$77.7K0.03%00.0%Unchanged
CI Private Wealth, LLC11,339$76.4K0.00%−5,865−34.1%Reduced
Creative Planning10,807$72.8K0.00%+10,807New
Perennial Advisors, LLC10,787$72.7K0.01%+400+3.9%Added
PFG Investments, LLC10,375$69.9K0.00%+10,375New
Parallel Advisors, LLC8,556$57.7K0.00%+1,722+25.2%Added
Wells Fargo & Company7,751$52.2K0.00%+7,750+775,000.0%Added
Royal Bank of Canada7,057$48.0K0.00%−8,262−53.9%Reduced
MAI Capital Management4,543$30.6K0.00%00.0%Unchanged
Rockefeller Capital Management L.P.4,122$27.8K0.00%+1,941+89.0%Added
Winmill & Co. Inc3,700$24.9K0.01%00.0%Unchanged
Clearstead Advisors, LLC3,000$20.2K0.00%00.0%Unchanged
Gill Capital Partners, LLC2,376$16.0K0.00%+2,376New
Capital Advisors, Ltd. LLC1,622$11.0K0.00%00.0%Unchanged
Consultiva Wealth Management, Corp.1,350$9.10K0.03%00.0%Unchanged
CWM, LLC1,176$7.93K0.00%+15+1.3%Added
Financial Consulate, Inc1,000$6.74K0.00%00.0%Unchanged
Axiom Investment Management LLC797$5.37K0.00%+797New
Farther Finance Advisors, LLC600$4.03K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC533$3.59K0.00%00.0%Unchanged
ESL Trust Services, LLC501$3.38K0.00%00.0%Unchanged
Kentucky Trust Co500$3.37K0.00%00.0%Unchanged
Bellevue Asset Management, LLC420$2.83K0.00%00.0%Unchanged
Highline Wealth Partners LLC350$2.36K0.00%00.0%Unchanged
Seven Mile Advisory0$00.00%−816,075−100.0%Sold out
J.W. Cole Advisors, Inc.0$00.00%−214,852−100.0%Sold out
Shaker Financial Services, LLC0$00.00%−181,599−100.0%Sold out
Jane Street Group, LLC0$00.00%−143,492−100.0%Sold out
Nine Masts Capital Ltd0$00.00%−54,542−100.0%Sold out
Cerity Partners LLC0$00.00%−50,204−100.0%Sold out
Goldman Sachs Group Inc0$00.00%−33,957−100.0%Sold out