Saga Communications
SGA
26 hedge funds and large institutions have $38.2M invested in Saga Communications in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 3 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 27 → 26 (-1)
3.95% less ownership
Funds ownership: 55.77% → 51.82% (-3.9%)
15% less capital invested
Capital invested by funds: $44.7M → $38.2M (-$6.51M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$171K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$23.2K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.3K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.9K |
| 5 |
Goldman Sachs
New York
|
+$2.73K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
-$2.35M |
| 2 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$398K |
| 3 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$151K |
| 4 |
PLC
Peapod Lane Capital
Bedford Hills,
New York
|
-$128K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$98.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $11 | -$21.4K | -1,777 | -100% |
|
|
KFG
27
Kingdom Financial Group
Peoria,
Arizona
| $5 | – | – | – |
|
|
EF
28
Empowered Funds
Havertown,
Pennsylvania
| – | -$398K | -32,001 | Closed |
|
|
AC
29
Aristides Capital
Louisville,
Kentucky
| – | -$151K | -12,160 | Closed |
|
|
AIC
30
Archer Investment Corporation
Carmel,
Indiana
| – | -$622 | -50 | Closed |
|
SGA Hedge Fund Activity: Q4 2025 in Review
26 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q4 2025, worth a combined $38.2M — down 15% from $44.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SGA and 2 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 6 added.
The largest buyer was LPL Financial, opening a new position worth an estimated $171K. The largest seller was Minerva Advisors, cutting an estimated $2.35M.
- 26 institutional investors held Saga Communications (SGA) as of Q4 2025, down from 27 in Q3 2025.
- Funds reported $38.2M of Saga Communications stock for Q4 2025, down 15% quarter-over-quarter.
- 2 funds opened new Saga Communications positions in Q4 2025 and 3 closed out, a net change of -1 holder.
- The largest Saga Communications buyer in Q4 2025 was LPL Financial, an estimated $171K added.
- The largest Saga Communications seller in Q4 2025 was Minerva Advisors, an estimated $2.35M sold.
Based on aggregated 13F filings for Q4 2025.