Saga Communications
50 hedge funds and large institutions have $196M invested in Saga Communications in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 24 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.67% less ownership
Funds ownership: 93.65% → 92.98% (-0.67%)
12% less funds holding
Funds holding: 57 → 50 (-7)
14% less capital invested
Capital invested by funds: $229M → $196M (-$32.9M)
33% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 24
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$3.41M |
| 2 |
RA
Royce & Associates
New York
|
+$2.44M |
| 3 |
Morgan Stanley
New York
|
+$342K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$323K |
| 5 |
Renaissance Technologies
New York
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.87M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$763K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$466K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$364K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$363K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MLICM
51
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$196K | -4,490 | -100% |
|
|
OSAM
52
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$159K | -3,203 | Closed |
|
|
CCMH
53
Cornerstone Capital Management Holdings
New York
| – | -$35K | -700 | Closed |
|
|
U
54
UBS
Zurich,
Switzerland
| – | -$30K | -611 | Closed |
|
55
BlackRock
New York
| – | -$7K | -142 | Closed |
|
56
BNP Paribas Financial Markets
Paris,
France
| – | -$4.92K | -111 | Closed |
|
57
AllianceBernstein
Nashville,
Tennessee
| – | -$2K | -46 | Closed |
|
58
Ameriprise
Minneapolis,
Minnesota
| – | -$1K | -13 | Closed |
|
59
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -1 | Closed |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | -$44 | -1 | -25% |
|
SGA Hedge Fund Activity: Q2 2014 in Review
50 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q2 2014, worth a combined $196M — down 14% from $229M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SGA and 4 opened new positions — a net loss of 6 holders — while 24 trimmed existing stakes and 16 added.
The largest buyer was State of New Jersey Common Pension Fund D, opening a new position worth an estimated $3.41M. The largest seller was BlackRock Fund Advisors, cutting an estimated $1.87M.
- 50 institutional investors held Saga Communications (SGA) as of Q2 2014, down from 57 in Q1 2014.
- Funds reported $196M of Saga Communications stock for Q2 2014, down 14% quarter-over-quarter.
- 4 funds opened new Saga Communications positions in Q2 2014 and 10 closed out, a net change of -6 holders.
- The largest Saga Communications buyer in Q2 2014 was State of New Jersey Common Pension Fund D, an estimated $3.41M added.
- The largest Saga Communications seller in Q2 2014 was BlackRock Fund Advisors, an estimated $1.87M sold.
Based on aggregated 13F filings for Q2 2014.