Saga Communications
31 hedge funds and large institutions have $90.4M invested in Saga Communications in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 1 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
3% more funds holding
Funds holding: 30 → 31 (+1)
1.56% less ownership
Funds ownership: 78.76% → 77.2% (-1.6%)
5% less capital invested
Capital invested by funds: $95.5M → $90.4M (-$5.03M)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
+$259K |
| 2 |
SAM
Secure Asset Management
Troy,
Michigan
|
+$58.6K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$45.8K |
| 4 |
MAM
Marquette Asset Management
Minneapolis,
Minnesota
|
+$36.5K |
| 5 |
Millennium Management
New York
|
+$25.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$547K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$241K |
| 3 |
E
Ergoteles
New York
|
-$226K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$132K |
| 5 |
Renaissance Technologies
New York
|
-$103K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $5K | +$984 | +43 | +25% |
|
27
US Bancorp
Minneapolis,
Minnesota
| $2K | – | – | – |
|
28
Bank of America
Charlotte,
North Carolina
| $1K | -$1.21K | -53 | -65% |
|
29
Wells Fargo
San Francisco,
California
| $1K | – | – | – |
|
30
BNP Paribas Financial Markets
Paris,
France
| $457 | +$458 | +20 | New |
|
|
E
31
Ergoteles
New York
| – | -$226K | -9,426 | Closed |
|
SGA Hedge Fund Activity: Q1 2022 in Review
31 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q1 2022, worth a combined $90.4M — down 5.3% from $95.5M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SGA positions and 1 closed out — a net gain of 1 holder — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Minerva Advisors, adding an estimated $259K. The largest seller was Royce & Associates, cutting an estimated $547K.
- 31 institutional investors held Saga Communications (SGA) as of Q1 2022, up from 30 in Q4 2021.
- Funds reported $90.4M of Saga Communications stock for Q1 2022, down 5.3% quarter-over-quarter.
- 2 funds opened new Saga Communications positions in Q1 2022 and 1 closed out, a net change of +1 holder.
- The largest Saga Communications buyer in Q1 2022 was Minerva Advisors, an estimated $259K added.
- The largest Saga Communications seller in Q1 2022 was Royce & Associates, an estimated $547K sold.
Based on aggregated 13F filings for Q1 2022.