Saratoga Investment
SAR
19 hedge funds and large institutions have $22.4M invested in Saratoga Investment in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 6 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
6% more capital invested
Capital invested by funds: $21.2M → $22.4M (+$1.18M)
0.17% more ownership
Funds ownership: 17.28% → 17.45% (+0.17%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 20 → 19 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$605K |
| 2 |
BDCM
Black Diamond Capital Management
Stamford,
Connecticut
|
+$307K |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$170K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$87.6K |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$45.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$919K |
| 2 |
DTL
Dynamic Technology Lab
Singapore
|
-$223K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$215K |
| 4 |
Morgan Stanley
New York
|
-$68.8K |
| 5 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
-$48K |
SAR Hedge Fund Activity: Q3 2017 in Review
19 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q3 2017, worth a combined $22.4M — up 5.5% from $21.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SAR and 5 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 6 added.
The largest buyer was BB&T Securities, opening a new position worth an estimated $605K. The largest seller was Millennium Management, exiting entirely with an estimated $919K sold.
- 19 institutional investors held Saratoga Investment (SAR) as of Q3 2017, down from 20 in Q2 2017.
- Funds reported $22.4M of Saratoga Investment stock for Q3 2017, up 5.5% quarter-over-quarter.
- 5 funds opened new Saratoga Investment positions in Q3 2017 and 6 closed out, a net change of -1 holder.
- The largest Saratoga Investment buyer in Q3 2017 was BB&T Securities, an estimated $605K added.
- The largest Saratoga Investment seller in Q3 2017 was Millennium Management, an estimated $919K sold.
Based on aggregated 13F filings for Q3 2017.