Saratoga Investment
SAR
23 hedge funds and large institutions have $17.7M invested in Saratoga Investment in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
10% more funds holding
Funds holding: 21 → 23 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.27% less ownership
Funds ownership: 20.48% → 17.21% (-3.3%)
11% less capital invested
Capital invested by funds: $19.9M → $17.7M (-$2.17M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWW
Alan W. Weber
|
+$924K |
| 2 |
BDCM
Black Diamond Capital Management
Stamford,
Connecticut
|
+$293K |
| 3 |
NFA
Nuveen Fund Advisors
Chicago,
Illinois
|
+$208K |
| 4 |
RVPG
Relative Value Partners Group
|
+$162K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.51M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$970K |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$942K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$522K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$306K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Ameriprise
Minneapolis,
Minnesota
| – | -$306K | -18,129 | Closed |
|
|
OAM
27
Orinda Asset Management
Lafayette,
California
| – | -$193K | -12,329 | Closed |
|
SAR Hedge Fund Activity: Q3 2016 in Review
23 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q3 2016, worth a combined $17.7M — down 11% from $19.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SAR positions and 4 closed out — a net gain of 3 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Alan W. Weber, opening a new position worth an estimated $924K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.51M.
- 23 institutional investors held Saratoga Investment (SAR) as of Q3 2016, up from 21 in Q2 2016.
- Funds reported $17.7M of Saratoga Investment stock for Q3 2016, down 11% quarter-over-quarter.
- 7 funds opened new Saratoga Investment positions in Q3 2016 and 4 closed out, a net change of +3 holders.
- The largest Saratoga Investment buyer in Q3 2016 was Alan W. Weber, an estimated $924K added.
- The largest Saratoga Investment seller in Q3 2016 was Rivernorth Capital Management, an estimated $1.51M sold.
Based on aggregated 13F filings for Q3 2016.