Saga Communications
57 hedge funds and large institutions have $229M invested in Saga Communications in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 18 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
6% more funds holding
Funds holding: 54 → 57 (+3)
1.09% more ownership
Funds ownership: 92.56% → 93.65% (+1.1%)
1% more capital invested
Capital invested by funds: $227M → $229M (+$1.25M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$3.27M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$755K |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$332K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$330K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$288K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$397K |
| 2 |
TL
TowerView LLC
New York
|
-$291K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$230K |
| 4 |
Morgan Stanley
New York
|
-$171K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$140K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
AllianceBernstein
Nashville,
Tennessee
| $2K | – | – | – |
|
52
Acadian Asset Management
Boston,
Massachusetts
| $1K | – | – | – |
|
53
Ameriprise
Minneapolis,
Minnesota
| $1K | – | – | – |
|
54
Federated Hermes
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
55
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $203 | +$11.4K | +231 | +6% |
|
|
GC
56
Guggenheim Capital
Chicago,
Illinois
| – | -$113K | -2,260 | Closed |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| – | -$1.18K | -24 | -86% |
|
58
Bank of America
Charlotte,
North Carolina
| – | +$295 | +6 | New |
|
SGA Hedge Fund Activity: Q1 2014 in Review
57 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q1 2014, worth a combined $229M — up 0.55% from $227M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SGA positions and 1 closed out — a net gain of 4 holders — while 18 added to existing stakes and 18 trimmed.
The largest buyer was Royce & Associates, adding an estimated $3.27M. The largest seller was O'Shaughnessy Asset Management, cutting an estimated $397K.
- 57 institutional investors held Saga Communications (SGA) as of Q1 2014, up from 54 in Q4 2013.
- Funds reported $229M of Saga Communications stock for Q1 2014, up 0.55% quarter-over-quarter.
- 5 funds opened new Saga Communications positions in Q1 2014 and 1 closed out, a net change of +4 holders.
- The largest Saga Communications buyer in Q1 2014 was Royce & Associates, an estimated $3.27M added.
- The largest Saga Communications seller in Q1 2014 was O'Shaughnessy Asset Management, an estimated $397K sold.
Based on aggregated 13F filings for Q1 2014.