Saratoga Investment
SAR
42 hedge funds and large institutions have $47.4M invested in Saratoga Investment in 2019 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 4 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
325% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 4
35% more funds holding
Funds holding: 31 → 42 (+11)
30% more capital invested
Capital invested by funds: $36.4M → $47.4M (+$10.9M)
3.02% more ownership
Funds ownership: 18.97% → 22% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.68M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$1.76M |
| 3 |
Two Sigma Investments
New York
|
+$1.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$768K |
| 5 |
Two Sigma Advisers
New York
|
+$744K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$383K |
| 2 |
PPP
Private Portfolio Partners
Paramus,
New Jersey
|
-$284K |
| 3 |
P
&Partners
Nashville,
Tennessee
|
-$225K |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$138K |
| 5 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$96K |
SAR Hedge Fund Activity: Q3 2019 in Review
42 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q3 2019, worth a combined $47.4M — up 30% from $36.4M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SAR positions and 3 closed out — a net gain of 11 holders — while 17 added to existing stakes and 4 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $2.68M. The largest seller was Ladenburg Thalmann Financial Services, cutting an estimated $383K.
- 42 institutional investors held Saratoga Investment (SAR) as of Q3 2019, up from 31 in Q2 2019.
- Funds reported $47.4M of Saratoga Investment stock for Q3 2019, up 30% quarter-over-quarter.
- 14 funds opened new Saratoga Investment positions in Q3 2019 and 3 closed out, a net change of +11 holders.
- The largest Saratoga Investment buyer in Q3 2019 was Millennium Management, an estimated $2.68M added.
- The largest Saratoga Investment seller in Q3 2019 was Ladenburg Thalmann Financial Services, an estimated $383K sold.
Based on aggregated 13F filings for Q3 2019.