Saratoga Investment
SAR
45 hedge funds and large institutions have $36.9M invested in Saratoga Investment in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 10 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
54% more capital invested
Capital invested by funds: $23.9M → $36.9M (+$13M)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
2.41% more ownership
Funds ownership: 18.41% → 20.82% (+2.4%)
2% more funds holding
Funds holding: 44 → 45 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$1.65M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
+$1.25M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
+$1.09M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$726K |
| 5 |
LPL Financial
San Diego,
California
|
+$717K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
-$1.15M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$879K |
| 3 |
JP Morgan Chase
New York
|
-$625K |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$349K |
| 5 |
Mariner
Overland Park,
Kansas
|
-$274K |
SAR Hedge Fund Activity: Q2 2020 in Review
45 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q2 2020, worth a combined $36.9M — up 54% from $23.9M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SAR positions and 10 closed out — a net gain of 1 holder — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Callodine Capital Management, opening a new position worth an estimated $1.65M. The largest seller was Virtus ETF Advisers, cutting an estimated $1.15M.
- 45 institutional investors held Saratoga Investment (SAR) as of Q2 2020, up from 44 in Q1 2020.
- Funds reported $36.9M of Saratoga Investment stock for Q2 2020, up 54% quarter-over-quarter.
- 11 funds opened new Saratoga Investment positions in Q2 2020 and 10 closed out, a net change of +1 holder.
- The largest Saratoga Investment buyer in Q2 2020 was Callodine Capital Management, an estimated $1.65M added.
- The largest Saratoga Investment seller in Q2 2020 was Virtus ETF Advisers, an estimated $1.15M sold.
Based on aggregated 13F filings for Q2 2020.