SABA CAPITAL INCOME & OPRNT

CUSIP: 78518H202 Class: SHS NEW

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
Focus Partners Wealth3,008,267$21,088
RIVERNORTH CAPITAL MANAGEMENT, LLC2,016,781$14,138
Thomas J. Herzfeld Advisors, Inc.1,834,714$12,861
Penserra Capital Management LLC1,289,104$9
SEVEN MILE ADVISORY816,075$5,721
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC760,779$5,333
CSS LLC/IL739,304$5,183
ABSOLUTE INVESTMENT ADVISERS, LLC732,116$5,138
Invesco Ltd.716,996$5,026
MORGAN STANLEY684,249$4,797
ENVESTNET ASSET MANAGEMENT INC631,818$4,429
UBS Group AG423,721$2,970
LPL Financial LLC417,759$2,928
FLAX POND CAPITAL, LLC395,786$2,774
Advisors Asset Management, Inc.300,682$2,108
Quarry LP289,225$2,027
Ethos Financial Group, LLC266,401$1,867
Adalta Capital Management LLC225,787$1,583
NewEdge Advisors, LLC216,685$1,519
SCOTIA CAPITAL INC.215,519$1,511
J.W. COLE ADVISORS, INC.214,852$1,506
Marks Group Wealth Management, Inc185,636$1,301
Baird Financial Group, Inc.185,004$1,297
Shaker Financial Services, LLC181,599$1,273
Modern Wealth Management, LLC180,483$1,265
Logan Stone Capital, LLC176,138$1,235
SVRN Asset Management, LLC175,886$1,233
OSAIC HOLDINGS, INC.170,770$1,197
PARK AVENUE SECURITIES LLC168,654$1
North Ground Capital163,114$1,143
Noble Wealth Management PBC151,704$1,063
JANE STREET GROUP, LLC143,492$1,006
CHOREO, LLC137,489$972
Chicago Partners Investment Group LLC136,337$938
Yakira Capital Management, Inc.129,276$906
COHEN & STEERS, INC.110,000$1
RAYMOND JAMES FINANCIAL INC104,008$729
BANK OF AMERICA CORP /DE/96,795$679
Next Capital Management LLC88,927$623
LANDSCAPE CAPITAL MANAGEMENT, L.L.C.88,563$621
PEAK FINANCIAL ADVISORS LLC84,683$594
READYSTATE ASSET MANAGEMENT LP73,688$517
Matisse Capital65,333$458
IHT Wealth Management, LLC55,323$388
NINE MASTS CAPITAL Ltd54,542$382
WEDBUSH SECURITIES INC53,699$0
TrueMark Investments, LLC53,036$372
Cerity Partners LLC50,204$352
SeaCrest Wealth Management, LLC46,548$327
Cetera Investment Advisers42,913$301
FLAGSHIP HARBOR ADVISORS, LLC41,750$293
INTEGRATED CAPITAL MANAGEMENT, INC.39,528$277
PNC Financial Services Group, Inc.34,327$241
GOLDMAN SACHS GROUP INC33,957$238
HighTower Advisors, LLC33,385$234
STIFEL FINANCIAL CORP31,963$224
COMMONWEALTH EQUITY SERVICES, LLC30,265$212
Virtu Financial LLC24,860$0
CITADEL ADVISORS LLC23,728$166
Gridiron Partners, LLC23,441$164
Tactive Advisors, LLC22,527$158
Westchester Capital Management, LLC22,344$157
M&T Bank Corp18,000$126
Apollon Wealth Management, LLC17,805$125
Corient Private Wealth LLC17,204$121
DECISION INVESTMENTS, INC15,700$110
MML INVESTORS SERVICES, LLC15,421$108
ROYAL BANK OF CANADA15,319$108
CAPTRUST FINANCIAL ADVISORS15,183$106
COMERICA BANK14,523$102
Closed-End Fund Advisors, Inc.14,310$100
GAMCO INVESTORS, INC. ET AL14,000$98
SUSQUEHANNA INTERNATIONAL GROUP, LLP13,860$97
Sage Capital Management, LLC13,500$95
MANCHESTER FINANCIAL INC12,004$84
Grove Street Fiduciary, LLC11,532$81
TWO SIGMA SECURITIES, LLC11,178$78
JPMORGAN CHASE & CO10,991$77
Perennial Advisors, LLC10,387$73
Kestra Advisory Services, LLC6,964$49
Parallel Advisors, LLC6,834$48
MAI Capital Management4,543$32
WINMILL & CO. INC3,700$26
Clearstead Advisors, LLC3,000$21
Rockefeller Capital Management L.P.2,181$15
Wealth Preservation Advisors, LLC2,000$14
Kilter Group LLC1,715$12
Capital Advisors, Ltd. LLC1,622$0
CONSULTIVA WEALTH MANAGEMENT, CORP.1,350$9
CWM, LLC1,161$0
FINANCIAL CONSULATE, INC1,000$7
Spire Wealth Management1,000$7
Farther Finance Advisors, LLC600$4
HARBOUR INVESTMENTS, INC.573$4
Steward Partners Investment Advisory, LLC533$4
ESL Trust Services, LLC501$4
Kentucky Trust Co500$4
BELLEVUE ASSET MANAGEMENT, LLC420$3
HIGHLINE WEALTH PARTNERS LLC350$2
Global Retirement Partners, LLC187$1
2 other institutions101$0
Total (102 institutions)20,194,291$130,010