Saratoga Investment
SAR
67 hedge funds and large institutions have $63.9M invested in Saratoga Investment in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 12 reducing their positions, and 8 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 12
21% more capital invested
Capital invested by funds: $52.9M → $63.9M (+$11M)
1.58% more ownership
Funds ownership: 16.02% → 17.59% (+1.6%)
0% more funds holding
Funds holding: 67 → 67 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
12% less call options, than puts
Call options by funds: $755K | Put options by funds: $859K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
+$3.4M |
| 2 |
Two Sigma Investments
New York
|
+$2.67M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.2M |
| 4 |
EFG
Ethos Financial Group
King Of Prussia,
Pennsylvania
|
+$1.13M |
| 5 |
VIA
Virtus Investment Advisers
Hartford,
Connecticut
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$1.17M |
| 2 |
Millennium Management
New York
|
-$862K |
| 3 |
VEA
Virtus ETF Advisers
New York
|
-$808K |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$614K |
| 5 |
CCIA
Campbell & Co Investment Adviser
Baltimore,
Maryland
|
-$490K |
SAR Hedge Fund Activity: Q1 2025 in Review
67 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Saratoga Investment (SAR) for Q1 2025, worth a combined $63.9M — up 21% from $52.9M a quarter earlier.
Fund positioning in SAR was balanced in Q1 2025: 8 funds opened new positions, 8 closed out, 27 added to existing stakes and 12 trimmed.
The largest buyer was Two Sigma Advisers, adding an estimated $3.4M. The largest seller was Kovitz Investment Group Partners, cutting an estimated $1.17M.
- 67 institutional investors held Saratoga Investment (SAR) as of Q1 2025, unchanged from Q4 2024.
- Funds reported $63.9M of Saratoga Investment stock for Q1 2025, up 21% quarter-over-quarter.
- 8 funds opened new Saratoga Investment positions in Q1 2025 and 8 closed out, a net change of 0 holders.
- The largest Saratoga Investment buyer in Q1 2025 was Two Sigma Advisers, an estimated $3.4M added.
- The largest Saratoga Investment seller in Q1 2025 was Kovitz Investment Group Partners, an estimated $1.17M sold.
Based on aggregated 13F filings for Q1 2025.