Saratoga Investment
SAR
22 hedge funds and large institutions have $21.8M invested in Saratoga Investment in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.42% less ownership
Funds ownership: 18.19% → 16.76% (-1.4%)
11% less capital invested
Capital invested by funds: $24.4M → $21.8M (-$2.57M)
12% less funds holding
Funds holding: 25 → 22 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BDCM
Black Diamond Capital Management
Stamford,
Connecticut
|
+$322K |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$158K |
| 3 |
Legal & General Group
London,
United Kingdom
|
+$82.4K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$79.4K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$56.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$462K |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$244K |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$202K |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$196K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$133K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
26
Delpha Capital Management
New York
| – | -$7K | -300 | Closed |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -169 | Closed |
|
28
Bank of America
Charlotte,
North Carolina
| – | -$3K | -115 | Closed |
|
SAR Hedge Fund Activity: Q1 2018 in Review
22 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q1 2018, worth a combined $21.8M — down 11% from $24.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SAR and 3 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was Black Diamond Capital Management, adding an estimated $322K. The largest seller was Macquarie Group, cutting an estimated $462K.
- 22 institutional investors held Saratoga Investment (SAR) as of Q1 2018, down from 25 in Q4 2017.
- Funds reported $21.8M of Saratoga Investment stock for Q1 2018, down 11% quarter-over-quarter.
- 3 funds opened new Saratoga Investment positions in Q1 2018 and 6 closed out, a net change of -3 holders.
- The largest Saratoga Investment buyer in Q1 2018 was Black Diamond Capital Management, an estimated $322K added.
- The largest Saratoga Investment seller in Q1 2018 was Macquarie Group, an estimated $462K sold.
Based on aggregated 13F filings for Q1 2018.