Saia
SAIA
141 hedge funds and large institutions have $747M invested in Saia in 2016 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 53 increasing their positions, 49 reducing their positions, and 20 closing their positions.
16% more capital invested
Capital invested by funds: $644M → $747M (+$102M)
8% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 49
1% less funds holding
Funds holding: 142 → 141 (-1)
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$19.9M |
| 2 |
SAM
Scopus Asset Management
New York
|
+$8.41M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$7.44M |
| 4 |
BPIM
Brant Point Investment Management
New York
|
+$6.94M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$6.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$27.1M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$17.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.5M |
| 4 |
Millennium Management
New York
|
-$5.34M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$3.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIC
151
Cornercap Investment Counsel
Atlanta,
Georgia
| – | -$507K | -20,155 | Closed |
|
|
LCP
152
Lombardia Capital Partners
Pasadena,
California
| – | -$488K | -19,416 | Closed |
|
|
AA
153
ALPS Advisors
Denver,
Colorado
| – | -$378K | -15,055 | Closed |
|
154
Wellington Management Group
Boston,
Massachusetts
| – | -$376K | -14,973 | Closed |
|
155
Citadel Advisors
Miami,
Florida
| – | -$281K | -11,167 | Closed |
|
156
Arrowstreet Capital
Boston,
Massachusetts
| – | -$270K | -10,754 | Closed |
|
|
SCA
157
Secor Capital Advisors
New York
| – | -$242K | -9,619 | Closed |
|
|
PA
158
Profund Advisors
Bethesda,
Maryland
| – | -$209K | -8,294 | Closed |
|
159
Teacher Retirement System of Texas
Austin,
Texas
| – | -$88K | -3,510 | Closed |
|
160
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$8K | -335 | Closed |
|
|
TRCT
161
Tower Research Capital (TRC)
New York
| – | -$5K | -200 | Closed |
|
SAIA Hedge Fund Activity: Q3 2016 in Review
141 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Saia (SAIA) for Q3 2016, worth a combined $747M — up 16% from $644M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SAIA and 19 opened new positions — a net loss of 1 holder — while 49 trimmed existing stakes and 53 added.
The largest buyer was Franklin Resources, adding an estimated $19.9M. The largest seller was Royce & Associates, cutting an estimated $27.1M.
- 141 institutional investors held Saia (SAIA) as of Q3 2016, down from 142 in Q2 2016.
- Funds reported $747M of Saia stock for Q3 2016, up 16% quarter-over-quarter.
- 19 funds opened new Saia positions in Q3 2016 and 20 closed out, a net change of -1 holder.
- The largest Saia buyer in Q3 2016 was Franklin Resources, an estimated $19.9M added.
- The largest Saia seller in Q3 2016 was Royce & Associates, an estimated $27.1M sold.
Based on aggregated 13F filings for Q3 2016.