Saratoga Investment
SAR
12 hedge funds and large institutions have $9.87M invested in Saratoga Investment in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 1 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
9% more funds holding
Funds holding: 11 → 12 (+1)
7% more capital invested
Capital invested by funds: $9.21M → $9.87M (+$655K)
0.11% more ownership
Funds ownership: 11.04% → 11.14% (+0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.38M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$371K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$237K |
| 4 |
Morgan Stanley
New York
|
+$103K |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$29.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$3.06M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1K |
SAR Hedge Fund Activity: Q3 2013 in Review
12 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q3 2013, worth a combined $9.87M — up 7.1% from $9.21M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SAR positions and 1 closed out — a net gain of 1 holder — while 7 added to existing stakes and 1 trimmed.
The largest buyer was Bank of America, opening a new position worth an estimated $2.38M. The largest seller was Raging Capital Management, cutting an estimated $3.06M.
- 12 institutional investors held Saratoga Investment (SAR) as of Q3 2013, up from 11 in Q2 2013.
- Funds reported $9.87M of Saratoga Investment stock for Q3 2013, up 7.1% quarter-over-quarter.
- 2 funds opened new Saratoga Investment positions in Q3 2013 and 1 closed out, a net change of +1 holder.
- The largest Saratoga Investment buyer in Q3 2013 was Bank of America, an estimated $2.38M added.
- The largest Saratoga Investment seller in Q3 2013 was Raging Capital Management, an estimated $3.06M sold.
Based on aggregated 13F filings for Q3 2013.