Saratoga Investment
SAR
70 hedge funds and large institutions have $66.5M invested in Saratoga Investment in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 16 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
81% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 16
33% more call options, than puts
Call options by funds: $594K | Put options by funds: $447K
9% more funds holding
Funds holding: 64 → 70 (+6)
9% more capital invested
Capital invested by funds: $60.8M → $66.5M (+$5.65M)
0.62% more ownership
Funds ownership: 18.96% → 19.59% (+0.62%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.88M |
| 2 |
Lido Advisors
Los Angeles,
California
|
+$1.76M |
| 3 |
TWM
TMD Wealth Management
Scottsdale,
Arizona
|
+$1.47M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$1.12M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Scoggin Management
New York
|
-$2.92M |
| 2 |
Millennium Management
New York
|
-$1.81M |
| 3 |
AGM
Alpine Global Management
New York
|
-$1.34M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.11M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$770K |
SAR Hedge Fund Activity: Q4 2023 in Review
70 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q4 2023, worth a combined $66.5M — up 9.3% from $60.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SAR positions and 5 closed out — a net gain of 7 holders — while 29 added to existing stakes and 16 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $3.88M. The largest seller was Scoggin Management, exiting entirely with an estimated $2.92M sold.
- 70 institutional investors held Saratoga Investment (SAR) as of Q4 2023, up from 64 in Q3 2023.
- Funds reported $66.5M of Saratoga Investment stock for Q4 2023, up 9.3% quarter-over-quarter.
- 12 funds opened new Saratoga Investment positions in Q4 2023 and 5 closed out, a net change of +7 holders.
- The largest Saratoga Investment buyer in Q4 2023 was Citadel Advisors, an estimated $3.88M added.
- The largest Saratoga Investment seller in Q4 2023 was Scoggin Management, an estimated $2.92M sold.
Based on aggregated 13F filings for Q4 2023.