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
42,542,526
Price per share
$7.01
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
55,435,828
Total reported value
$99,603,709
% of total 13F portfolios
0%
Share change
+724,371
Value change
+$5,453,932
Number of holders
93
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
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 30 Sep 2025, 93 institutional investors reported holding 55,435,828 shares of Saba Capital Income & Opportunities Fund - Shares of Beneficial Interest (BRW). This represents 130% of the company’s total 42,542,526 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Saba Capital Income & Opportunities Fund - Shares of Beneficial Interest (BRW) together control 126% 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
Gridiron Partners, LLC 100% 42,630,926 0% 0.24% $175,447
Kovitz Investment Group Partners, LLC 5.5% 2,323,938 -15% 0.07% $18,056,999
Thomas J. Herzfeld Advisors, Inc. 2.8% 1,175,007 +163% 3.1% $9,129,804
Penserra Capital Management LLC 2.7% 1,169,800 0.11% $9,089,000
MORGAN STANLEY 1.7% 731,143 -0.38% 0% $5,680,986
ENVESTNET ASSET MANAGEMENT INC 1.7% 710,277 +1260% 0% $5,518,850
SEVEN MILE ADVISORY 1.4% 609,622 0.76% $4,736,766
Invesco Ltd. 1.3% 540,304 -3.5% 0% $4,198,162
LPL Financial LLC 0.98% 414,885 +2% 0% $3,223,657
RIVERNORTH CAPITAL MANAGEMENT, LLC 0.9% 381,474 -80% 0.17% $2,964,053
NewEdge Advisors, LLC 0.73% 309,845 +9.8% 0.01% $2,407,499
Advisors Asset Management, Inc. 0.7% 298,546 -5.3% 0.04% $2,319,702
Ethos Financial Group, LLC 0.67% 283,153 +5% 0.17% $2,200,099
J.W. COLE ADVISORS, INC. 0.51% 216,968 +8.7% 0.03% $1,685,841
Alpine Global Management, LLC 0.46% 197,000 0.39% $1,530,690
Marks Group Wealth Management, Inc 0.44% 185,636 0% 0.13% $1,442,392
Adalta Capital Management LLC 0.42% 177,500 +86% 0.63% $1,379,175
Modern Wealth Management, LLC 0.38% 161,452 +1.4% 0.02% $1,254,482
Baird Financial Group, Inc. 0.35% 149,109 +0.73% 0% $1,158,577
Chicago Partners Investment Group LLC 0.34% 145,833 +1.4% 0.03% $1,067,501
Yakira Capital Management, Inc. 0.32% 136,800 0.4% $1,062,936
SCOTIA CAPITAL INC. 0.28% 118,303 -15% 0% $919,211
STIFEL FINANCIAL CORP 0.28% 117,184 +48% 0% $910,522
CSS LLC/IL 0.27% 115,030 -14% 0.05% $893,783
North Ground Capital 0.26% 110,000 -39% 0.52% $854,700

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 547,472 $3,837,934 -$296,668,514 $7.01 8
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