Saga Communications
36 hedge funds and large institutions have $81.7M invested in Saga Communications in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 0 closing their positions.
6% more funds holding
Funds holding: 34 → 36 (+2)
5% more capital invested
Capital invested by funds: $77.8M → $81.7M (+$3.86M)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
0.4% less ownership
Funds ownership: 60.42% → 60.03% (-0.4%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Martin & Co
Knoxville,
Tennessee
|
+$939K |
| 2 |
RA
Royce & Associates
New York
|
+$576K |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$279K |
| 4 |
Millennium Management
New York
|
+$234K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$78.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$659K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$638K |
| 3 |
BlackRock
New York
|
-$196K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$116K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$111K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $108K | -$143 | -6 | -0.1% |
|
|
PCM
27
Perritt Capital Management
Chicago,
Illinois
| $100K | – | – | – |
|
|
UB
28
UMB Bank
Kansas City,
Missouri
| $35.8K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $18K | +$3.01K | +126 | +19% |
|
30
Citigroup
New York
| $5.78K | – | – | – |
|
31
Bank of America
Charlotte,
North Carolina
| $4.82K | -$3.13K | -131 | -38% |
|
32
Wells Fargo
San Francisco,
California
| $2.71K | +$1.94K | +81 | +198% |
|
|
FHA
33
First Horizon Advisors
Memphis,
Tennessee
| $2.44K | +$2.63K | +110 | New |
|
34
US Bancorp
Minneapolis,
Minnesota
| $2.22K | – | – | – |
|
|
NA
35
NewEdge Advisors
New Orleans,
Louisiana
| $2K | -$12.2K | -512 | -85% |
|
SGA Hedge Fund Activity: Q1 2023 in Review
36 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q1 2023, worth a combined $81.7M — up 5% from $77.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SGA positions and 0 closed out — a net gain of 3 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was Martin & Co, opening a new position worth an estimated $939K. The largest seller was T. Rowe Price Investment Management, cutting an estimated $659K.
- 36 institutional investors held Saga Communications (SGA) as of Q1 2023, up from 34 in Q4 2022.
- Funds reported $81.7M of Saga Communications stock for Q1 2023, up 5% quarter-over-quarter.
- 3 funds opened new Saga Communications positions in Q1 2023 and 0 closed out, a net change of +3 holders.
- The largest Saga Communications buyer in Q1 2023 was Martin & Co, an estimated $939K added.
- The largest Saga Communications seller in Q1 2023 was T. Rowe Price Investment Management, an estimated $659K sold.
Based on aggregated 13F filings for Q1 2023.