Saratoga Investment
SAR
61 hedge funds and large institutions have $48.7M invested in Saratoga Investment in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 16 closing their positions.
4.22% less ownership
Funds ownership: 19.59% → 15.37% (-4.2%)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
13% less funds holding
Funds holding: 70 → 61 (-9)
27% less capital invested
Capital invested by funds: $66.5M → $48.7M (-$17.8M)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
63% less call options, than puts
Call options by funds: $380K | Put options by funds: $1.01M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
+$1.34M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$847K |
| 3 |
AGM
Alpine Global Management
New York
|
+$736K |
| 4 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$719K |
| 5 |
CCIA
Campbell & Co Investment Adviser
Baltimore,
Maryland
|
+$626K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$3.02M |
| 2 |
Millennium Management
New York
|
-$2.75M |
| 3 |
Two Sigma Investments
New York
|
-$1.91M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
-$1.66M |
| 5 |
Two Sigma Advisers
New York
|
-$1.41M |
SAR Hedge Fund Activity: Q1 2024 in Review
61 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q1 2024, worth a combined $48.7M — down 27% from $66.5M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SAR and 10 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 18 added.
The largest buyer was Rockefeller Capital Management, opening a new position worth an estimated $1.34M. The largest seller was Citadel Advisors, cutting an estimated $3.02M.
- 61 institutional investors held Saratoga Investment (SAR) as of Q1 2024, down from 70 in Q4 2023.
- Funds reported $48.7M of Saratoga Investment stock for Q1 2024, down 27% quarter-over-quarter.
- 10 funds opened new Saratoga Investment positions in Q1 2024 and 16 closed out, a net change of -6 holders.
- The largest Saratoga Investment buyer in Q1 2024 was Rockefeller Capital Management, an estimated $1.34M added.
- The largest Saratoga Investment seller in Q1 2024 was Citadel Advisors, an estimated $3.02M sold.
Based on aggregated 13F filings for Q1 2024.