Saratoga Investment
SAR
30 hedge funds and large institutions have $28.7M invested in Saratoga Investment in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 3 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 3
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
15% more funds holding
Funds holding: 26 → 30 (+4)
2.71% more ownership
Funds ownership: 17.03% → 19.75% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $29M → $28.7M (-$299K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$981K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$729K |
| 3 |
BDCM
Black Diamond Capital Management
Stamford,
Connecticut
|
+$718K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$683K |
| 5 |
CPP
Crow Point Partners
Boston,
Massachusetts
|
+$610K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFA
Nuveen Fund Advisors
Chicago,
Illinois
|
-$217K |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$125K |
| 3 |
CF
Centaurus Financial
Anaheim,
California
|
-$66K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$44.6K |
| 5 |
JP Morgan Chase
New York
|
-$9.73K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $17K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $10K | +$10.1K | +415 | New |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $8K | – | – | – |
|
|
SFM
29
Signet Financial Management
Parsippany,
New Jersey
| $5K | – | – | – |
|
30
Bank of America
Charlotte,
North Carolina
| $1K | +$1.07K | +44 | New |
|
|
NFA
31
Nuveen Fund Advisors
Chicago,
Illinois
| – | -$217K | -7,833 | Closed |
|
|
CF
32
Centaurus Financial
Anaheim,
California
| – | -$66K | -2,400 | Closed |
|
33
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$8K | -300 | Closed |
|
SAR Hedge Fund Activity: Q3 2018 in Review
30 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q3 2018, worth a combined $28.7M — down 1% from $29M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SAR positions and 3 closed out — a net gain of 4 holders — while 12 added to existing stakes and 3 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $981K. The largest seller was Nuveen Fund Advisors, exiting entirely with an estimated $217K sold.
- 30 institutional investors held Saratoga Investment (SAR) as of Q3 2018, up from 26 in Q2 2018.
- Funds reported $28.7M of Saratoga Investment stock for Q3 2018, down 1% quarter-over-quarter.
- 7 funds opened new Saratoga Investment positions in Q3 2018 and 3 closed out, a net change of +4 holders.
- The largest Saratoga Investment buyer in Q3 2018 was Millennium Management, an estimated $981K added.
- The largest Saratoga Investment seller in Q3 2018 was Nuveen Fund Advisors, an estimated $217K sold.
Based on aggregated 13F filings for Q3 2018.