Saratoga Investment
SAR
47 hedge funds and large institutions have $32.1M invested in Saratoga Investment in 2021 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
9% more capital invested
Capital invested by funds: $29.4M → $32.1M (+$2.66M)
7% more funds holding
Funds holding: 44 → 47 (+3)
1.28% less ownership
Funds ownership: 12.64% → 11.36% (-1.3%)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$473K |
| 2 |
WAM
WNY Asset Management
Williamsville,
New York
|
+$216K |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$197K |
| 4 |
LPL Financial
San Diego,
California
|
+$192K |
| 5 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$186K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$2.67M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
-$1.08M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$690K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$527K |
| 5 |
D.E. Shaw & Co
New York
|
-$508K |
SAR Hedge Fund Activity: Q1 2021 in Review
47 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q1 2021, worth a combined $32.1M — up 9% from $29.4M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SAR positions and 7 closed out — a net gain of 5 holders — while 13 added to existing stakes and 15 trimmed.
The largest buyer was Mackenzie Financial, opening a new position worth an estimated $473K. The largest seller was Callodine Capital Management, cutting an estimated $2.67M.
- 47 institutional investors held Saratoga Investment (SAR) as of Q1 2021, up from 44 in Q4 2020.
- Funds reported $32.1M of Saratoga Investment stock for Q1 2021, up 9% quarter-over-quarter.
- 12 funds opened new Saratoga Investment positions in Q1 2021 and 7 closed out, a net change of +5 holders.
- The largest Saratoga Investment buyer in Q1 2021 was Mackenzie Financial, an estimated $473K added.
- The largest Saratoga Investment seller in Q1 2021 was Callodine Capital Management, an estimated $2.67M sold.
Based on aggregated 13F filings for Q1 2021.