Saratoga Investment
SAR
21 hedge funds and large institutions have $19.9M invested in Saratoga Investment in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 2 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.19% less ownership
Funds ownership: 23.67% → 20.48% (-3.2%)
5% less funds holding
Funds holding: 22 → 21 (-1)
6% less capital invested
Capital invested by funds: $21.1M → $19.9M (-$1.23M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$304K |
| 2 |
OAM
Orinda Asset Management
Lafayette,
California
|
+$203K |
| 3 |
RVPG
Relative Value Partners Group
|
+$114K |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$74K |
| 5 |
BDCM
Black Diamond Capital Management
Stamford,
Connecticut
|
+$37.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.95M |
| 2 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$268K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$187K |
| 4 |
Morgan Stanley
New York
|
-$79.8K |
| 5 |
CAS
Cue Advisory Services
Phoenix,
Arizona
|
-$39.5K |
SAR Hedge Fund Activity: Q2 2016 in Review
21 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q2 2016, worth a combined $19.9M — down 5.8% from $21.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SAR and 1 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 10 added.
The largest buyer was First Trust Capital Management, adding an estimated $304K. The largest seller was Rivernorth Capital Management, cutting an estimated $2.95M.
- 21 institutional investors held Saratoga Investment (SAR) as of Q2 2016, down from 22 in Q1 2016.
- Funds reported $19.9M of Saratoga Investment stock for Q2 2016, down 5.8% quarter-over-quarter.
- 1 fund opened new Saratoga Investment positions in Q2 2016 and 2 closed out, a net change of -1 holder.
- The largest Saratoga Investment buyer in Q2 2016 was First Trust Capital Management, an estimated $304K added.
- The largest Saratoga Investment seller in Q2 2016 was Rivernorth Capital Management, an estimated $2.95M sold.
Based on aggregated 13F filings for Q2 2016.