Saga Communications
34 hedge funds and large institutions have $77.8M invested in Saga Communications in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
17% more funds holding
Funds holding: 29 → 34 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
12.1% less ownership
Funds ownership: 72.53% → 60.42% (-12%)
19% less capital invested
Capital invested by funds: $96.6M → $77.8M (-$18.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$1.16M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$923K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$376K |
| 4 |
Bank of New York Mellon
New York
|
+$346K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$3.3M |
| 2 |
Millennium Management
New York
|
-$518K |
| 3 |
Renaissance Technologies
New York
|
-$235K |
| 4 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$123K |
| 5 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
-$104K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $16K | +$12K | +487 | +266% |
|
|
NA
27
NewEdge Advisors
New Orleans,
Louisiana
| $12.1K | +$14.9K | +602 | New |
|
|
AWM
28
Align Wealth Management
Oklahoma City,
Oklahoma
| $10.5K | +$9.87K | +400 | New |
|
29
Dimensional Fund Advisors
Austin,
Texas
| $8.52K | -$20.2K | -818 | -0.2% |
|
30
Bank of America
Charlotte,
North Carolina
| $8.21K | -$21K | -851 | -71% |
|
31
Citigroup
New York
| $6.14K | +$6.42K | +260 | New |
|
32
US Bancorp
Minneapolis,
Minnesota
| $2.36K | – | – | – |
|
33
Wells Fargo
San Francisco,
California
| $968 | -$2.47K | -100 | -71% |
|
34
UBS Group
Zurich,
Switzerland
| – | -$23K | -864 | Closed |
|
SGA Hedge Fund Activity: Q4 2022 in Review
34 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q4 2022, worth a combined $77.8M — down 19% from $96.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SGA positions and 1 closed out — a net gain of 5 holders — while 9 added to existing stakes and 9 trimmed.
The largest buyer was Royce & Associates, adding an estimated $1.16M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $3.3M.
- 34 institutional investors held Saga Communications (SGA) as of Q4 2022, up from 29 in Q3 2022.
- Funds reported $77.8M of Saga Communications stock for Q4 2022, down 19% quarter-over-quarter.
- 6 funds opened new Saga Communications positions in Q4 2022 and 1 closed out, a net change of +5 holders.
- The largest Saga Communications buyer in Q4 2022 was Royce & Associates, an estimated $1.16M added.
- The largest Saga Communications seller in Q4 2022 was T. Rowe Price Investment Management, an estimated $3.3M sold.
Based on aggregated 13F filings for Q4 2022.