Saratoga Investment
SAR
24 hedge funds and large institutions have $20M invested in Saratoga Investment in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
157% more capital inflows, than outflows
Capital inflows: $2.46M | Capital outflows: $957K
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
41% more funds holding
Funds holding: 17 → 24 (+7)
1.54% more ownership
Funds ownership: 21.35% → 22.89% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$887K |
| 2 |
Curi RMB Capital
Chicago,
Illinois
|
+$500K |
| 3 |
Mendon Capital Advisors
Key Largo,
Florida
|
+$379K |
| 4 |
Black Diamond Capital Management
Stamford,
Connecticut
|
+$214K |
| 5 |
Relative Value Partners Group
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dialectic Capital Management
Norwalk,
Connecticut
|
-$937K |
| 2 |
Cue Advisory Services
Phoenix,
Arizona
|
-$12.5K |
| 3 |
Tower Research Capital (TRC)
New York
|
-$3.49K |
| 4 |
Walleye Trading
New York
|
-$3K |
| 5 |
Morgan Stanley
New York
|
-$1.22K |
SAR Hedge Fund Activity: Q4 2015 in Review
24 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q4 2015, worth a combined $20M — up 4% from $19.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SAR positions and 1 closed out — a net gain of 7 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $887K. The largest seller was Dialectic Capital Management, cutting an estimated $937K.
- 24 institutional investors held Saratoga Investment (SAR) as of Q4 2015, up from 17 in Q3 2015.
- Funds reported $20M of Saratoga Investment stock for Q4 2015, up 4% quarter-over-quarter.
- 8 funds opened new Saratoga Investment positions in Q4 2015 and 1 closed out, a net change of +7 holders.
- The largest Saratoga Investment buyer in Q4 2015 was Rivernorth Capital Management, an estimated $887K added.
- The largest Saratoga Investment seller in Q4 2015 was Dialectic Capital Management, an estimated $937K sold.
Based on aggregated 13F filings for Q4 2015.