Saratoga Investment
SAR
20 hedge funds and large institutions have $21M invested in Saratoga Investment in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 2 reducing their positions, and 4 closing their positions.
450% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 2
5% more capital invested
Capital invested by funds: $19.9M → $21M (+$1.03M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.24% less ownership
Funds ownership: 16.92% → 16.68% (-0.24%)
5% less funds holding
Funds holding: 21 → 20 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BDCM
Black Diamond Capital Management
Stamford,
Connecticut
|
+$610K |
| 2 |
Millennium Management
New York
|
+$369K |
| 3 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$217K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$215K |
| 5 |
JP Morgan Chase
New York
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$1.12M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$528K |
| 3 |
Morgan Stanley
New York
|
-$39.6K |
| 4 |
CAS
Cue Advisory Services
Phoenix,
Arizona
|
-$19.7K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$3K |
SAR Hedge Fund Activity: Q1 2017 in Review
20 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q1 2017, worth a combined $21M — up 5.2% from $19.9M a quarter earlier.
Fund positioning in SAR was balanced in Q1 2017: 4 funds opened new positions, 4 closed out, 11 added to existing stakes and 2 trimmed.
The largest buyer was Black Diamond Capital Management, adding an estimated $610K. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $1.12M sold.
- 20 institutional investors held Saratoga Investment (SAR) as of Q1 2017, down from 21 in Q4 2016.
- Funds reported $21M of Saratoga Investment stock for Q1 2017, up 5.2% quarter-over-quarter.
- 4 funds opened new Saratoga Investment positions in Q1 2017 and 4 closed out, a net change of 0 holders.
- The largest Saratoga Investment buyer in Q1 2017 was Black Diamond Capital Management, an estimated $610K added.
- The largest Saratoga Investment seller in Q1 2017 was Relative Value Partners Group, an estimated $1.12M sold.
Based on aggregated 13F filings for Q1 2017.