BRW — SABA CAPITAL INCOME & OPRNT
As of Q2 2026, 6 SEC-registered investment managers reported holding BRW (SABA CAPITAL INCOME & OPRNT) in their latest 13F filings, with a combined reported value of $12.71M across 1.93M shares. That is -5.6% by share count (-114.29K shares) versus the previous quarter, while reported value moved -8.0%. Ownership is concentrated: the five largest holders account for 100.0% of reported value and the top ten for 100.0%.
Compared with the prior quarter, 1 added to existing stakes, 5 trimmed, 1 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.
BRW is classified in the Financials sector.
All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.
Q2 2026 — 6 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| Invesco Ltd history | 740.13K | $4.86M | 0.00% | Reduce |
| Morgan Stanley history | 605.35K | $3.98M | 0.00% | Reduce |
| UBS Group AG history | 482.99K | $3.17M | 0.00% | Add |
| Bank of America Corp history | 63.66K | $418.21K | 0.00% | Reduce |
| PNC Financial Services history | 42.66K | $280.29K | 0.00% | Reduce |
| Wells Fargo & Co history | 1 | $6 | 0.00% | Reduce |
Q1 2026 — 7 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| Invesco Ltd history | 792.90K | $5.34M | 0.00% | Add |
| Morgan Stanley history | 642.18K | $4.33M | 0.00% | Reduce |
| UBS Group AG history | 475.89K | $3.21M | 0.00% | Add |
| Bank of America Corp history | 71.41K | $481.33K | 0.00% | Reduce |
| PNC Financial Services history | 44.07K | $297.05K | 0.00% | Add |
| Citadel Advisors history | 14.87K | $100.23K | 0.00% | Reduce |
| Wells Fargo & Co history | 7.75K | $52.24K | 0.00% | Add |
Q4 2025 — 9 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| Invesco Ltd history | 717.00K | $5.03M | 0.00% | Add |
| Morgan Stanley history | 684.25K | $4.80M | 0.00% | Reduce |
| UBS Group AG history | 423.72K | $2.97M | 0.00% | Add |
| Bank of America Corp history | 96.80K | $678.53K | 0.00% | Add |
| PNC Financial Services history | 34.33K | $240.63K | 0.00% | Hold |
| Goldman Sachs Group history | 33.96K | $238.04K | 0.00% | Add |
| Citadel Advisors history | 23.73K | $166.33K | 0.00% | New |
| JPMorgan Chase & Co history | 10.99K | $77.05K | 0.00% | New |
| Wells Fargo & Co history | 1 | $6 | 0.00% | Hold |
Q3 2025 — 7 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| Morgan Stanley history | 731.14K | $5.68M | 0.00% | Hold |
| Invesco Ltd history | 540.30K | $4.20M | 0.00% | Reduce |
| Bank of America Corp history | 92.65K | $719.88K | 0.00% | Reduce |
| UBS Group AG history | 54.91K | $426.66K | 0.00% | Add |
| PNC Financial Services history | 34.33K | $266.72K | 0.00% | Reduce |
| Goldman Sachs Group history | 33.36K | $259.18K | 0.00% | Reduce |
| Wells Fargo & Co history | 1 | $5 | 0.00% | Hold |
Q2 2025 — 12 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| Morgan Stanley history | 733.95K | $5.92M | 0.00% | Reduce |
| Morgan Stanley history | 733.95K | $5.92M | 0.00% | Reduce |
| Invesco Ltd history | 559.74K | $4.51M | 0.00% | Reduce |
| Bank of America Corp history | 109.86K | $885.47K | 0.00% | Reduce |
| Goldman Sachs Group history | 67.49K | $544.00K | 0.00% | Add |
| Goldman Sachs Group history | 67.49K | $544.00K | 0.00% | Add |
| UBS Group AG history | 51.02K | $411.22K | 0.00% | Add |
| PNC Financial Services history | 42.89K | $345.69K | 0.00% | Hold |
| Millennium Management history | 35.94K | $289.68K | 0.00% | Reduce |
| JPMorgan Chase & Co history | 16.01K | $129.02K | 0.00% | Hold |
| JPMorgan Chase & Co history | 16.01K | $129.02K | 0.00% | Hold |
| Wells Fargo & Co history | 1 | $8 | 0.00% | Reduce |
Q1 2025 — 12 funds
| Fund | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|
| Morgan Stanley history | 738.43K | $5.73M | 0.00% | Add |
| Morgan Stanley history | 738.43K | $5.73M | 0.00% | Add |
| Invesco Ltd history | 614.82K | $4.77M | 0.00% | Add |
| Bank of America Corp history | 125.49K | $973.80K | 0.00% | Add |
| Millennium Management history | 67.03K | $520.19K | 0.00% | New |
| Goldman Sachs Group history | 65.27K | $506.53K | 0.00% | Reduce |
| Goldman Sachs Group history | 65.27K | $506.53K | 0.00% | Reduce |
| PNC Financial Services history | 42.89K | $332.83K | 0.00% | Add |
| UBS Group AG history | 16.22K | $125.90K | 0.00% | Reduce |
| JPMorgan Chase & Co history | 16.01K | $124.22K | 0.00% | Hold |
| JPMorgan Chase & Co history | 16.01K | $124.22K | 0.00% | Hold |
| Wells Fargo & Co history | 12.48K | $96.87K | 0.00% | Hold |
New Positions (Q2 2026)
No fund opened a new position this quarter.
Fully Exited (vs previous quarter)
- Citadel Advisors sold 14.87K sh · $100.23K
Fund Position History — shares by quarter (top 13 funds)
| Fund | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco Ltd | 740.13K | 792.90K | 717.00K | 540.30K | 559.74K | 614.82K | 532.37K | 564.83K | 486.81K | 528.42K | 566.93K | 594.98K | 599.61K | 651.97K | 716.23K | 682.00K | 634.51K | 1.27M | — | — |
| Morgan Stanley | 605.35K | 642.18K | 684.25K | 731.14K | 733.95K | 738.43K | 727.97K | 806.55K | 720.12K | 664.80K | 668.12K | 715.59K | 805.11K | 938.89K | 1.00M | 1.04M | 989.66K | 2.02M | 1.76M | 1.75M |
| UBS Group AG | 482.99K | 475.89K | 423.72K | 54.91K | 51.02K | 16.22K | 64.00K | 31.32K | 31.74K | 42.62K | 60.35K | 44.99K | 46.06K | 57.18K | 48.06K | 58.45K | 62.57K | 126.50K | 137.29K | 166.83K |
| Bank of America Corp | 63.66K | 71.41K | 96.80K | 92.65K | 109.86K | 125.49K | 108.72K | 97.35K | 98.72K | 101.92K | 108.68K | 113.92K | 119.34K | 130.88K | 148.87K | 152.50K | 163.21K | 474.43K | 632.53K | 627.43K |
| PNC Financial Services | 42.66K | 44.07K | 34.33K | 34.33K | 42.89K | 42.89K | 14.54K | — | — | — | — | — | 1.36K | — | — | — | — | — | — | — |
| Wells Fargo & Co | 1 | 7.75K | 1 | 1 | 1 | 12.48K | 12.48K | 1 | 3.69K | 3.69K | 2.81K | 842 | 17.18K | 18.02K | 18.85K | 37.40K | 59.37K | 114.48K | 117.26K | 127.62K |
| Citadel Advisors | — | 14.87K | 23.73K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 18.11K | — |
| JPMorgan Chase & Co | — | — | 10.99K | — | 16.01K | 16.01K | 16.01K | 16.01K | 16.01K | 16.01K | 16.01K | 16.01K | 16.01K | 16.01K | 16.01K | 16.01K | 16.01K | 32.02K | 32.02K | 32.02K |
| Goldman Sachs Group | — | — | 33.96K | 33.36K | 67.49K | 65.27K | 66.27K | 65.27K | 65.27K | 65.87K | 65.27K | 65.77K | 66.77K | 68.47K | 65.27K | 65.27K | 65.27K | 80.01K | 80.01K | 80.02K |
| BlackRock Inc | — | — | — | — | — | — | 300 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Fidelity Management & Research (FMR) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 3 | — | — | — | 501 | 1 |
| D. E. Shaw & Co | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 12.50K | 12.50K | 12.50K | 25.00K | 25.00K | 25.00K |
| Millennium Management | — | — | — | — | 35.94K | 67.03K | — | — | — | — | — | — | — | — | — | — | — | — | — | 159.07K |
▲ Bought Low (fund opened/added, stock rose ≥5% next quarter) ▼ Sold High (fund reduced, stock fell ≥5% next quarter)
Drag / scroll to zoom · Default shows the most recent year · Annotations come from quarterly fund actions in 13F filings · Hover a marker for details