Saga Communications
54 hedge funds and large institutions have $227M invested in Saga Communications in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 7 closing their positions.
16% more capital invested
Capital invested by funds: $197M → $227M (+$30.9M)
1.9% more ownership
Funds ownership: 90.65% → 92.56% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
4% less funds holding
Funds holding: 56 → 54 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$3.57M |
| 2 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$3.31M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$269K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$238K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$123K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$1.04M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$880K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$290K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$271K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$208K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $1K | -$480 | -10 | -26% |
|
52
Acadian Asset Management
Boston,
Massachusetts
| $1K | – | – | – |
|
53
Federated Hermes
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
54
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $193 | +$1.77K | +37 | +1% |
|
|
DGHMC
55
Dalton, Greiner, Hartman, Maher & Co
New York
| – | -$1.04M | -23,364 | Closed |
|
|
56
LSV Asset Management
Chicago,
Illinois
| – | -$880K | -19,833 | Closed |
|
|
RFC
57
Russell Frank Company
Seattle,
Washington
| – | -$141K | -3,186 | Closed |
|
|
HIM
58
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$44K | -1,000 | Closed |
|
59
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$13K | -283 | Closed |
|
60
Bank of America
Charlotte,
North Carolina
| – | -$6K | -135 | Closed |
|
|
TWA
61
TCI Wealth Advisors
Tucson,
Arizona
| – | -$3K | -65 | Closed |
|
SGA Hedge Fund Activity: Q4 2013 in Review
54 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q4 2013, worth a combined $227M — up 16% from $197M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SGA and 5 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 19 added.
The largest buyer was Royce & Associates, adding an estimated $3.57M. The largest seller was Dalton, Greiner, Hartman, Maher & Co, exiting entirely with an estimated $1.04M sold.
- 54 institutional investors held Saga Communications (SGA) as of Q4 2013, down from 56 in Q3 2013.
- Funds reported $227M of Saga Communications stock for Q4 2013, up 16% quarter-over-quarter.
- 5 funds opened new Saga Communications positions in Q4 2013 and 7 closed out, a net change of -2 holders.
- The largest Saga Communications buyer in Q4 2013 was Royce & Associates, an estimated $3.57M added.
- The largest Saga Communications seller in Q4 2013 was Dalton, Greiner, Hartman, Maher & Co, an estimated $1.04M sold.
Based on aggregated 13F filings for Q4 2013.