Saratoga Investment
SAR
41 hedge funds and large institutions have $40.4M invested in Saratoga Investment in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 11 closing their positions.
10% more capital invested
Capital invested by funds: $36.9M → $40.4M (+$3.51M)
0.81% more ownership
Funds ownership: 20.82% → 21.63% (+0.81%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
9% less funds holding
Funds holding: 45 → 41 (-4)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$1.56M |
| 2 |
Cerity Partners
New York
|
+$1.08M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
+$614K |
| 4 |
BDCM
Black Diamond Capital Management
Stamford,
Connecticut
|
+$349K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WG
Winton Group
London,
United Kingdom
|
-$1.17M |
| 2 |
Two Sigma Advisers
New York
|
-$450K |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
-$385K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$382K |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
-$285K |
SAR Hedge Fund Activity: Q3 2020 in Review
41 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q3 2020, worth a combined $40.4M — up 9.5% from $36.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SAR and 7 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 13 added.
The largest buyer was Callodine Capital Management, adding an estimated $1.56M. The largest seller was Winton Group, exiting entirely with an estimated $1.17M sold.
- 41 institutional investors held Saratoga Investment (SAR) as of Q3 2020, down from 45 in Q2 2020.
- Funds reported $40.4M of Saratoga Investment stock for Q3 2020, up 9.5% quarter-over-quarter.
- 7 funds opened new Saratoga Investment positions in Q3 2020 and 11 closed out, a net change of -4 holders.
- The largest Saratoga Investment buyer in Q3 2020 was Callodine Capital Management, an estimated $1.56M added.
- The largest Saratoga Investment seller in Q3 2020 was Winton Group, an estimated $1.17M sold.
Based on aggregated 13F filings for Q3 2020.