Saratoga Investment
SAR
17 hedge funds and large institutions have $19M invested in Saratoga Investment in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
6% more funds holding
Funds holding: 16 → 17 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.4% less ownership
Funds ownership: 22.43% → 22.03% (-0.4%)
16% less capital inflows, than outflows
Capital inflows: $1.73M | Capital outflows: $2.06M
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dialectic Capital Management
Norwalk,
Connecticut
|
+$749K |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$412K |
| 3 |
Foundry Partners
Minneapolis,
Minnesota
|
+$330K |
| 4 |
Relative Value Partners
Northbrook,
Illinois
|
+$217K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$17.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raging Capital Management
Rocky Hill,
New Jersey
|
-$915K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$597K |
| 3 |
Ativo Capital Management
Chicago,
Illinois
|
-$400K |
| 4 |
BB&T Securities
Richmond,
Virginia
|
-$84.3K |
| 5 |
Morgan Stanley
New York
|
-$40.4K |
SAR Hedge Fund Activity: Q3 2014 in Review
17 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q3 2014, worth a combined $19M — up 0.07% from $19M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SAR positions and 5 closed out — a net gain of 1 holder — while 2 added to existing stakes and 6 trimmed.
The largest buyer was Dialectic Capital Management, adding an estimated $749K. The largest seller was Raging Capital Management, cutting an estimated $915K.
- 17 institutional investors held Saratoga Investment (SAR) as of Q3 2014, up from 16 in Q2 2014.
- Funds reported $19M of Saratoga Investment stock for Q3 2014, up 0.07% quarter-over-quarter.
- 6 funds opened new Saratoga Investment positions in Q3 2014 and 5 closed out, a net change of +1 holder.
- The largest Saratoga Investment buyer in Q3 2014 was Dialectic Capital Management, an estimated $749K added.
- The largest Saratoga Investment seller in Q3 2014 was Raging Capital Management, an estimated $915K sold.
Based on aggregated 13F filings for Q3 2014.