Saratoga Investment
SAR
58 hedge funds and large institutions have $67.9M invested in Saratoga Investment in 2022 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 10 reducing their positions, and 13 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 10
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.84% less ownership
Funds ownership: 22.44% → 20.6% (-1.8%)
8% less funds holding
Funds holding: 63 → 58 (-5)
9% less capital invested
Capital invested by funds: $74.9M → $67.9M (-$7M)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
75% less call options, than puts
Call options by funds: $59K | Put options by funds: $239K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.74M |
| 2 |
BDCM
Black Diamond Capital Management
Stamford,
Connecticut
|
+$1.06M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$468K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$241K |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$900K |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$897K |
| 3 |
Millennium Management
New York
|
-$834K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$824K |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$703K |
SAR Hedge Fund Activity: Q1 2022 in Review
58 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q1 2022, worth a combined $67.9M — down 9.3% from $74.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SAR and 8 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 25 added.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $1.74M. The largest seller was Two Sigma Investments, cutting an estimated $900K.
- 58 institutional investors held Saratoga Investment (SAR) as of Q1 2022, down from 63 in Q4 2021.
- Funds reported $67.9M of Saratoga Investment stock for Q1 2022, down 9.3% quarter-over-quarter.
- 8 funds opened new Saratoga Investment positions in Q1 2022 and 13 closed out, a net change of -5 holders.
- The largest Saratoga Investment buyer in Q1 2022 was Thomas J. Herzfeld Advisors, an estimated $1.74M added.
- The largest Saratoga Investment seller in Q1 2022 was Two Sigma Investments, an estimated $900K sold.
Based on aggregated 13F filings for Q1 2022.