Saratoga Investment
SAR
21 hedge funds and large institutions have $19.9M invested in Saratoga Investment in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
13% more capital invested
Capital invested by funds: $17.7M → $19.9M (+$2.23M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.3% less ownership
Funds ownership: 17.21% → 16.92% (-0.3%)
9% less funds holding
Funds holding: 23 → 21 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.02M |
| 2 |
BDCM
Black Diamond Capital Management
Stamford,
Connecticut
|
+$413K |
| 3 |
Millennium Management
New York
|
+$269K |
| 4 |
Morgan Stanley
New York
|
+$78.6K |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$56.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$789K |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$783K |
| 3 |
AWW
Alan W. Weber
|
-$662K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$532K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$3K | -200 | Closed |
|
|
GH
27
GAM Holding
Zurich,
Switzerland
| – | -$1K | -84 | Closed |
|
28
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$1K | -59 | Closed |
|
29
Creative Planning
Overland Park,
Kansas
| – | +$189 | +10 | New |
|
SAR Hedge Fund Activity: Q4 2016 in Review
21 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q4 2016, worth a combined $19.9M — up 13% from $17.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SAR and 6 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 8 added.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $1.02M. The largest seller was Relative Value Partners Group, cutting an estimated $789K.
- 21 institutional investors held Saratoga Investment (SAR) as of Q4 2016, down from 23 in Q3 2016.
- Funds reported $19.9M of Saratoga Investment stock for Q4 2016, up 13% quarter-over-quarter.
- 6 funds opened new Saratoga Investment positions in Q4 2016 and 8 closed out, a net change of -2 holders.
- The largest Saratoga Investment buyer in Q4 2016 was Ladenburg Thalmann Financial Services, an estimated $1.02M added.
- The largest Saratoga Investment seller in Q4 2016 was Relative Value Partners Group, an estimated $789K sold.
Based on aggregated 13F filings for Q4 2016.