Saga Communications
45 hedge funds and large institutions have $79M invested in Saga Communications in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
22% more funds holding
Funds holding: 37 → 45 (+8)
7% more capital invested
Capital invested by funds: $74.1M → $79M (+$4.92M)
2.04% more ownership
Funds ownership: 56.47% → 58.51% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
+$594K |
| 2 |
Bank of New York Mellon
New York
|
+$460K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$446K |
| 4 |
AI
Acuitas Investments
Seattle,
Washington
|
+$413K |
| 5 |
Citigroup
New York
|
+$315K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.42M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$3.94M |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$201K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$93.3K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$73.6K |
SGA Hedge Fund Activity: Q4 2023 in Review
45 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q4 2023, worth a combined $79M — up 6.6% from $74.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SGA positions and 2 closed out — a net gain of 8 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Minerva Advisors, adding an estimated $594K. The largest seller was Fidelity Investments, cutting an estimated $8.42M.
- 45 institutional investors held Saga Communications (SGA) as of Q4 2023, up from 37 in Q3 2023.
- Funds reported $79M of Saga Communications stock for Q4 2023, up 6.6% quarter-over-quarter.
- 10 funds opened new Saga Communications positions in Q4 2023 and 2 closed out, a net change of +8 holders.
- The largest Saga Communications buyer in Q4 2023 was Minerva Advisors, an estimated $594K added.
- The largest Saga Communications seller in Q4 2023 was Fidelity Investments, an estimated $8.42M sold.
Based on aggregated 13F filings for Q4 2023.