Saratoga Investment
SAR
17 hedge funds and large institutions have $23.8M invested in Saratoga Investment in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 3 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
4% more capital invested
Capital invested by funds: $22.9M → $23.8M (+$852K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.9% less ownership
Funds ownership: 20.64% → 19.74% (-0.9%)
11% less funds holding
Funds holding: 19 → 17 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dialectic Capital Management
Norwalk,
Connecticut
|
+$454K |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$152K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$114K |
| 4 |
BDCM
Black Diamond Capital Management
Stamford,
Connecticut
|
+$101K |
| 5 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$89.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.43M |
| 2 |
Morgan Stanley
New York
|
-$200K |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
-$13K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.52K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1 |
SAR Hedge Fund Activity: Q1 2015 in Review
17 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q1 2015, worth a combined $23.8M — up 3.7% from $22.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SAR and 1 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 8 added.
The largest buyer was Dialectic Capital Management, adding an estimated $454K. The largest seller was Bank of America, cutting an estimated $1.43M.
- 17 institutional investors held Saratoga Investment (SAR) as of Q1 2015, down from 19 in Q4 2014.
- Funds reported $23.8M of Saratoga Investment stock for Q1 2015, up 3.7% quarter-over-quarter.
- 1 fund opened new Saratoga Investment positions in Q1 2015 and 3 closed out, a net change of -2 holders.
- The largest Saratoga Investment buyer in Q1 2015 was Dialectic Capital Management, an estimated $454K added.
- The largest Saratoga Investment seller in Q1 2015 was Bank of America, an estimated $1.43M sold.
Based on aggregated 13F filings for Q1 2015.