Saba Capital Income & Opportunities Fund - Shares of Beneficial Interest (BRW) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2022 to Q4 2025

Type / Class
Equity / Shares of Beneficial Interest
Symbol
BRW on NYSE
Shares outstanding
53,890,649
Price per share
$6.86
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
19,798,370
Total reported value
$138,781,691
% of total 13F portfolios
0%
Share change
-35,843,354
Value change
-$253,406,186
Number of holders
100
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Saba Capital Income & Opportunities Fund - Shares of Beneficial Interest (BRW) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Focus Partners Wealth 5.7% $21,686,675 3,071,767 Focus Partners Wealth 01 Jan 2026
Kovitz Investment Group Partners, LLC 5.8% $18,730,723 2,471,072 Kovitz Investment Group Partners, LLC 30 Sep 2024
RIVERNORTH CAPITAL MANAGEMENT, LLC 4.4% -21% $15,284,381 -$4,301,414 1,884,634 -22% RIVERNORTH CAPITAL MANAGEMENT, LLC 30 Jun 2025

As of 31 Dec 2025, 100 institutional investors reported holding 19,798,370 shares of Saba Capital Income & Opportunities Fund - Shares of Beneficial Interest (BRW). This represents 37% of the company’s total 53,890,649 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Saba Capital Income & Opportunities Fund - Shares of Beneficial Interest (BRW) together control 31% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Focus Partners Wealth 5.6% 3,008,267 0.02% $21,087,952
RIVERNORTH CAPITAL MANAGEMENT, LLC 3.7% 2,016,781 +429% 0.67% $14,137,635
Thomas J. Herzfeld Advisors, Inc. 3.4% 1,834,714 +56% 4.4% $12,861,345
Penserra Capital Management LLC 2.4% 1,289,104 +10% 0.11% $9,036,000
SEVEN MILE ADVISORY 1.5% 816,075 +34% 0.98% $5,720,685
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 1.4% 760,779 +1521% 0.78% $5,333,058
CSS LLC/IL 1.4% 739,304 +543% 0.29% $5,182,521
ABSOLUTE INVESTMENT ADVISERS, LLC 1.4% 732,116 +2087% 0.59% $5,137,990
Invesco Ltd. 1.3% 716,996 +33% 0% $5,026,142
MORGAN STANLEY 1.3% 684,249 -6.4% 0% $4,796,592
ENVESTNET ASSET MANAGEMENT INC 1.2% 631,818 -11% 0% $4,429,044
UBS Group AG 0.79% 423,721 +672% 0% $2,970,284
LPL Financial LLC 0.78% 417,759 +0.69% 0% $2,928,492
Advisors Asset Management, Inc. 0.56% 300,682 +0.72% 0.04% $2,107,781
Quarry LP 0.54% 289,225 +165% 0.49% $2,027,467
Ethos Financial Group, LLC 0.49% 266,401 -5.9% 0.14% $1,867,471
Adalta Capital Management LLC 0.42% 225,787 +27% 0.71% $1,582,767
NewEdge Advisors, LLC 0.4% 216,685 -30% 0.01% $1,518,962
SCOTIA CAPITAL INC. 0.4% 215,519 +82% 0.01% $1,510,792
J.W. COLE ADVISORS, INC. 0.4% 214,852 -0.98% 0.04% $1,506,114
Marks Group Wealth Management, Inc 0.34% 185,636 0% 0.12% $1,301,308
Baird Financial Group, Inc. 0.34% 185,004 +24% 0% $1,296,878
Shaker Financial Services, LLC 0.34% 181,599 +200% 0.4% $1,273,009
Modern Wealth Management, LLC 0.33% 180,483 +12% 0.02% $1,265,186
Logan Stone Capital, LLC 0.33% 176,138 0.3% $1,234,727

Institutional Holders of Saba Capital Income & Opportunities Fund - Shares of Beneficial Interest (BRW) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 19,798,370 $138,781,691 -$253,406,186 $7.01 100
2025 Q3 55,435,828 $99,603,709 +$5,453,932 $7.77 93
2025 Q2 12,013,052 $96,875,709 -$128,566 $8.06 80
2025 Q1 12,111,388 $93,920,347 -$9,066,560 $7.76 78
2024 Q4 15,881,212 $121,047,802 +$3,685,194 $7.62 84
2024 Q3 12,923,882 $98,038,291 +$20,257,966 $7.59 68
2024 Q2 10,295,272 $72,552,129 -$23,769,209 $7.04 72
2024 Q1 13,497,320 $98,875,298 -$15,524,824 $7.29 71
2023 Q4 15,559,561 $119,979,236 -$3,864,397 $7.71 76
2023 Q3 15,521,245 $119,149,385 -$7,308,101 $7.68 69
2023 Q2 16,372,659 $126,107,240 -$7,066,966 $7.70 62
2023 Q1 17,283,378 $140,866,893 -$2,396,331 $8.15 65
2022 Q4 17,646,690 $134,303,429 -$494,440 $7.61 69
2022 Q3 17,689,780 $139,902,464 -$6,023,234 $7.91 61
2022 Q2 18,468,449 $149,259,000 +$149,083,003 $8.03 63
2022 Q1 3,509 $29,000 $8.26 1