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

Q: What does CUSIP 78518H202 represent in this 13F holders report?

CUSIP 78518H202 is the security identifier for BRW - Saba Capital Income & Opportunities Fund - Shares of Beneficial Interest used to aggregate holder disclosures.

Q: How many institutions held BRW - Saba Capital Income & Opportunities Fund - Shares of Beneficial Interest in Q4 2025?

101 institutional investors reported BRW - Saba Capital Income & Opportunities Fund - Shares of Beneficial Interest for Q4 2025. Use the holders table for investor-level position and value details.

CUSIP: 78518H202

Q4 2025 13F Holders as of 31 Dec 2025

Security type / class: Equity / Shares of Beneficial Interest
Total 13F shares: 20,194,156
Total 13F value: $141,556,151
Share change: -35,843,354
SEC-reported price per share: $7.01
Number of holders: 101
Value change: -$253,406,186
Number of buys: 59
Number of sells: 31
Shares outstanding: 53,890,649

Security key

78518H202

Report period

Q4 2025

Institutions

101

Top holders

BRW full security history Ownership snapshot Full 13F holder table Newer quarter: Q1 2026 Previous quarter: Q3 2025 Saba Capital Income & Opportunities Fund SEC filings

Broader feeds

Latest 13F filings Latest 13D/G filings Investors directory

Reporting periods

Holder history for CUSIP 78518H202

Newer quarter: Q1 2026 Previous quarter: Q3 2025

Recent filing periods:

Q2 2026 Q1 2026 Q4 2025 Q3 2025

Ownership snapshot

Top reported holders of BRW - Saba Capital Income & Opportunities Fund - Shares of Beneficial Interest (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.

Comparable stake leader

NorthCoast Asset Manageme...

Disclosed value leader

NorthCoast Asset Manageme...

Comparable rows

15/15

Latest evidence

30 Sep 2025

13D/G 13F Lead comparable stake: 5.8% 13D/G row: NorthCoast Asset Management LLC Showing 1-6 of 15 holder rows.

Quick read

NorthCoast Asset Management LLC leads the comparable SEC ownership view at 5.8%.

15 of 15 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.

Open SEC evidence Opens NorthCoast Asset Management LLC's linked filing trail.

Comparable ownership Top 5

NorthCoast Asset Management LLC 5.8%

RIVERNORTH CAPITAL MANAGEMENT, LLC 4.4%

Gridiron Partners, LLC 79%

Thomas J. Herzfeld Advisors, Inc. 2.2%

Penserra Capital Management LLC 2.2%

Ownership % is shown only when SEC disclosures are safely comparable across share classes.

Detailed SEC evidence table Showing 1-6 of 15 holder rows

Holder	Evidence	Ownership %	Position	12M Net Δ	As of
NorthCoast Asset Management LLC	13D/G 13F Kovitz Investment Group Partners, LLC · Company 13D/G 13F	5.8%	$18,730,723 2,471,072 shares	$0	30 Sep 2024
RIVERNORTH CAPITAL MANAGEMENT, LLC	13D/G 13F Company 13D/G 13F	4.4%	$15,284,381 1,884,634 shares	-$4,301,414	30 Jun 2025
Gridiron Partners, LLC	13F Company 13F	79%	$175,447 42,630,926 shares	—	30 Sep 2025
Thomas J. Herzfeld Advisors, Inc.	13F Company 13F	2.2%	$9,129,804 1,175,007 shares	—	30 Sep 2025
Penserra Capital Management LLC	13F Company 13F	2.2%	$9,089,000 1,169,800 shares	—	30 Sep 2025
MORGAN STANLEY	13F Company 13F	1.4%	$5,680,986 731,143 shares	—	30 Sep 2025

How to read this table

Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

13F holder rows

Institutional holders as of Q4 2025

Investor-level positions for this CUSIP, loaded as an interactive table.

Institutions

101

20,194,156

Rows available

101

Investor	Option	Weight %	Change %	SEC-reported value	* Price	Shares	Share Change	Activity	Report Period

^* SEC-reported price is the security price as of the portfolio date and can indicate the last known price at which the security was still held. The marker flags a reported price that did not pass the local price check.

Compare Q4 2025 vs Q3 2025 Across Filers

Q3 2025 holders

Q4 2025 holders

101

Holder diff

Investor	Q3 2025 Shares	Q4 2025 Shares	Share Diff	Share Chg %	Q3 2025 value	Q4 2025 value	Value change	Value Chg %

Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).

Quarterly Holders Trend

Quarterly Value Trend

Quarterly Shares Trend