Saratoga Investment
SAR
63 hedge funds and large institutions have $42.2M invested in Saratoga Investment in 2026 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 9 reducing their positions, and 15 closing their positions.
189% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 9
56% more call options, than puts
Call options by funds: $1.59M | Put options by funds: $1.02M
1.09% less ownership
Funds ownership: 12.96% → 11.87% (-1.1%)
11% less funds holding
Funds holding: 71 → 63 (-8)
13% less capital invested
Capital invested by funds: $48.4M → $42.2M (-$6.26M)
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$551K |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$525K |
| 3 |
HF
HRT Financial
New York
|
+$495K |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$474K |
| 5 |
VA
VestGen Advisors
Inverness,
Illinois
|
+$443K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CEFA
Closed-End Fund Advisors
Richmond,
Virginia
|
-$3.68M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.09M |
| 3 |
BlackRock
New York
|
-$935K |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$388K |
| 5 |
DTL
Dynamic Technology Lab
Singapore
|
-$305K |
SAR Hedge Fund Activity: Q1 2026 in Review
63 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q1 2026, worth a combined $42.2M — down 13% from $48.4M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SAR and 8 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 26 added.
The largest buyer was Bank of America, adding an estimated $551K. The largest seller was Closed-End Fund Advisors, exiting entirely with an estimated $3.68M sold.
- 63 institutional investors held Saratoga Investment (SAR) as of Q1 2026, down from 71 in Q4 2025.
- Funds reported $42.2M of Saratoga Investment stock for Q1 2026, down 13% quarter-over-quarter.
- 8 funds opened new Saratoga Investment positions in Q1 2026 and 15 closed out, a net change of -7 holders.
- The largest Saratoga Investment buyer in Q1 2026 was Bank of America, an estimated $551K added.
- The largest Saratoga Investment seller in Q1 2026 was Closed-End Fund Advisors, an estimated $3.68M sold.
Based on aggregated 13F filings for Q1 2026.