Saia
SAIA
142 hedge funds and large institutions have $644M invested in Saia in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 59 increasing their positions, 48 reducing their positions, and 26 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 48
7% less funds holding
Funds holding: 153 → 142 (-11)
11% less capital invested
Capital invested by funds: $722M → $644M (-$77.4M)
35% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 26
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$29.4M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$16.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$8.1M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$6.6M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$5.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$45.6M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$9.95M |
| 3 |
O
OppenheimerFunds
New York
|
-$8.99M |
| 4 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$5.47M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$4.17M |
SAIA Hedge Fund Activity: Q2 2016 in Review
142 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Saia (SAIA) for Q2 2016, worth a combined $644M — down 11% from $722M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of SAIA and 17 opened new positions — a net loss of 9 holders — while 48 trimmed existing stakes and 59 added.
The largest buyer was Franklin Resources, opening a new position worth an estimated $29.4M. The largest seller was Anchorage Capital Group, exiting entirely with an estimated $45.6M sold.
- 142 institutional investors held Saia (SAIA) as of Q2 2016, down from 153 in Q1 2016.
- Funds reported $644M of Saia stock for Q2 2016, down 11% quarter-over-quarter.
- 17 funds opened new Saia positions in Q2 2016 and 26 closed out, a net change of -9 holders.
- The largest Saia buyer in Q2 2016 was Franklin Resources, an estimated $29.4M added.
- The largest Saia seller in Q2 2016 was Anchorage Capital Group, an estimated $45.6M sold.
Based on aggregated 13F filings for Q2 2016.