Saratoga Investment
SAR
44 hedge funds and large institutions have $29.4M invested in Saratoga Investment in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
7% more funds holding
Funds holding: 41 → 44 (+3)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
8.99% less ownership
Funds ownership: 21.63% → 12.64% (-9%)
28% less capital invested
Capital invested by funds: $40.8M → $29.4M (-$11.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$616K |
| 2 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$362K |
| 3 |
VF
Virtu Financial
New York
|
+$323K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$291K |
| 5 |
D.E. Shaw & Co
New York
|
+$229K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$1.09M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$881K |
| 3 |
Morgan Stanley
New York
|
-$668K |
| 4 |
AM
Ares Management
Los Angeles,
California
|
-$578K |
| 5 |
Two Sigma Advisers
New York
|
-$413K |
SAR Hedge Fund Activity: Q4 2020 in Review
44 of the 5,677 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q4 2020, worth a combined $29.4M — down 28% from $40.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SAR positions and 6 closed out — a net gain of 4 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Ahrens Investment Partners, adding an estimated $616K. The largest seller was Radcliffe Capital Management, exiting entirely with an estimated $1.09M sold.
- 44 institutional investors held Saratoga Investment (SAR) as of Q4 2020, up from 41 in Q3 2020.
- Funds reported $29.4M of Saratoga Investment stock for Q4 2020, down 28% quarter-over-quarter.
- 10 funds opened new Saratoga Investment positions in Q4 2020 and 6 closed out, a net change of +4 holders.
- The largest Saratoga Investment buyer in Q4 2020 was Ahrens Investment Partners, an estimated $616K added.
- The largest Saratoga Investment seller in Q4 2020 was Radcliffe Capital Management, an estimated $1.09M sold.
Based on aggregated 13F filings for Q4 2020.