Saga Communications
46 hedge funds and large institutions have $212M invested in Saga Communications in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 6 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $219M → $212M (-$6.43M)
2.48% less ownership
Funds ownership: 95.11% → 92.63% (-2.5%)
6% less funds holding
Funds holding: 49 → 46 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.51M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$422K |
| 3 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
+$359K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$131K |
| 5 |
Citigroup
New York
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$4.62M |
| 2 |
RA
Royce & Associates
New York
|
-$1.38M |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$970K |
| 4 |
Millennium Management
New York
|
-$562K |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$198K |
SGA Hedge Fund Activity: Q3 2017 in Review
46 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q3 2017, worth a combined $212M — down 2.9% from $219M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SGA and 3 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 19 added.
The largest buyer was Vanguard Group, adding an estimated $1.51M. The largest seller was Uniplan Investment Counsel, cutting an estimated $4.62M.
- 46 institutional investors held Saga Communications (SGA) as of Q3 2017, down from 49 in Q2 2017.
- Funds reported $212M of Saga Communications stock for Q3 2017, down 2.9% quarter-over-quarter.
- 3 funds opened new Saga Communications positions in Q3 2017 and 6 closed out, a net change of -3 holders.
- The largest Saga Communications buyer in Q3 2017 was Vanguard Group, an estimated $1.51M added.
- The largest Saga Communications seller in Q3 2017 was Uniplan Investment Counsel, an estimated $4.62M sold.
Based on aggregated 13F filings for Q3 2017.