Saratoga Investment
SAR
26 hedge funds and large institutions have $24M invested in Saratoga Investment in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.73% less ownership
Funds ownership: 19.75% → 16.02% (-3.7%)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
13% less funds holding
Funds holding: 30 → 26 (-4)
16% less capital invested
Capital invested by funds: $28.7M → $24M (-$4.73M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
PFG Advisors
Phoenix,
Arizona
|
+$839K |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$533K |
| 3 |
JP Morgan Chase
New York
|
+$179K |
| 4 |
Legal & General Group
London,
United Kingdom
|
+$175K |
| 5 |
VFA
Valeo Financial Advisors
Carmel,
Indiana
|
+$69.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$929K |
| 2 |
CPP
Crow Point Partners
Boston,
Massachusetts
|
-$577K |
| 3 |
DTL
Dynamic Technology Lab
Singapore
|
-$211K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$183K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$100K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
26
FNY Investment Advisers
New York
| $1K | +$1.95K | +90 | New |
|
|
27
Millennium Management
New York
| – | -$929K | -40,236 | Closed |
|
|
CAS
28
Cue Advisory Services
Phoenix,
Arizona
| – | -$910K | -39,449 | Closed |
|
|
CPP
29
Crow Point Partners
Boston,
Massachusetts
| – | -$577K | -25,000 | Closed |
|
|
DTL
30
Dynamic Technology Lab
Singapore
| – | -$211K | -9,136 | Closed |
|
|
SWP
31
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$183K | -7,925 | Closed |
|
|
SCM
32
Southport Capital Management
Chattanooga,
Tennessee
| – | -$46K | -2,000 | Closed |
|
|
SFM
33
Signet Financial Management
Parsippany,
New Jersey
| – | -$5K | -205 | Closed |
|
SAR Hedge Fund Activity: Q4 2018 in Review
26 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q4 2018, worth a combined $24M — down 16% from $28.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SAR and 3 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was PFG Advisors, opening a new position worth an estimated $839K. The largest seller was Millennium Management, exiting entirely with an estimated $929K sold.
- 26 institutional investors held Saratoga Investment (SAR) as of Q4 2018, down from 30 in Q3 2018.
- Funds reported $24M of Saratoga Investment stock for Q4 2018, down 16% quarter-over-quarter.
- 3 funds opened new Saratoga Investment positions in Q4 2018 and 7 closed out, a net change of -4 holders.
- The largest Saratoga Investment buyer in Q4 2018 was PFG Advisors, an estimated $839K added.
- The largest Saratoga Investment seller in Q4 2018 was Millennium Management, an estimated $929K sold.
Based on aggregated 13F filings for Q4 2018.