Saratoga Investment
SAR
66 hedge funds and large institutions have $47.8M invested in Saratoga Investment in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 23 increasing their positions, 18 reducing their positions, and 7 closing their positions.
284% more call options, than puts
Call options by funds: $788K | Put options by funds: $205K
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
28% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 18
16% more funds holding
Funds holding: 57 → 66 (+9)
1% more capital invested
Capital invested by funds: $47.1M → $47.8M (+$707K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.74% less ownership
Funds ownership: 15.69% → 14.95% (-0.74%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$1.76M |
| 2 |
Millennium Management
New York
|
+$1.29M |
| 3 |
Two Sigma Advisers
New York
|
+$949K |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$860K |
| 5 |
D.E. Shaw & Co
New York
|
+$524K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BDCM
Black Diamond Capital Management
Stamford,
Connecticut
|
-$8.86M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$425K |
| 3 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$292K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$275K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$264K |
SAR Hedge Fund Activity: Q2 2023 in Review
66 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q2 2023, worth a combined $47.8M — up 1.5% from $47.1M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SAR positions and 7 closed out — a net gain of 10 holders — while 23 added to existing stakes and 18 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $1.76M. The largest seller was Black Diamond Capital Management, cutting an estimated $8.86M.
- 66 institutional investors held Saratoga Investment (SAR) as of Q2 2023, up from 57 in Q1 2023.
- Funds reported $47.8M of Saratoga Investment stock for Q2 2023, up 1.5% quarter-over-quarter.
- 17 funds opened new Saratoga Investment positions in Q2 2023 and 7 closed out, a net change of +10 holders.
- The largest Saratoga Investment buyer in Q2 2023 was Two Sigma Investments, an estimated $1.76M added.
- The largest Saratoga Investment seller in Q2 2023 was Black Diamond Capital Management, an estimated $8.86M sold.
Based on aggregated 13F filings for Q2 2023.