Saga Communications
SGA
47 hedge funds and large institutions have $198M invested in Saga Communications in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 7 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
30% more capital invested
Capital invested by funds: $152M → $198M (+$45.7M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.71% less ownership
Funds ownership: 92.3% → 91.6% (-0.71%)
8% less funds holding
Funds holding: 51 → 47 (-4)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$531K |
| 2 |
RA
Royce & Associates
New York
|
+$310K |
| 3 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$208K |
| 4 |
Bank of New York Mellon
New York
|
+$203K |
| 5 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$385K |
| 2 |
Morgan Stanley
New York
|
-$144K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$117K |
| 4 |
SG Americas Securities
New York
|
-$116K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$56.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| – | -$6.95K | -207 | Closed |
|
52
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1.43K | -36 | -92% |
|
|
GC
53
Globeflex Capital
San Diego,
California
| – | -$1K | -28 | Closed |
|
SGA Hedge Fund Activity: Q4 2014 in Review
47 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q4 2014, worth a combined $198M — up 30% from $152M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SGA and 4 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 19 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $531K. The largest seller was Martingale Asset Management, exiting entirely with an estimated $385K sold.
- 47 institutional investors held Saga Communications (SGA) as of Q4 2014, down from 51 in Q3 2014.
- Funds reported $198M of Saga Communications stock for Q4 2014, up 30% quarter-over-quarter.
- 4 funds opened new Saga Communications positions in Q4 2014 and 7 closed out, a net change of -3 holders.
- The largest Saga Communications buyer in Q4 2014 was BlackRock Fund Advisors, an estimated $531K added.
- The largest Saga Communications seller in Q4 2014 was Martingale Asset Management, an estimated $385K sold.
Based on aggregated 13F filings for Q4 2014.