Saga Communications
SGA
49 hedge funds and large institutions have $189M invested in Saga Communications in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 9 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
4% more capital invested
Capital invested by funds: $183M → $189M (+$6.69M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.77% less ownership
Funds ownership: 95.87% → 95.1% (-0.77%)
8% less funds holding
Funds holding: 53 → 49 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$1.54M |
| 2 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$196K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$137K |
| 4 |
SG Americas Securities
New York
|
+$100K |
| 5 |
Citigroup
New York
|
+$61.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$1.42M |
| 2 |
B
Bailard
Foster City,
California
|
-$465K |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$317K |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$158K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$148K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS Group
Zurich,
Switzerland
| – | -$74K | -1,926 | Closed |
|
52
BNP Paribas Financial Markets
Paris,
France
| – | -$26K | -676 | Closed |
|
53
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$19K | -500 | Closed |
|
54
Bank of America
Charlotte,
North Carolina
| – | -$3K | -87 | Closed |
|
55
Morgan Stanley
New York
| – | -$3K | -75 | Closed |
|
|
AIM
56
Acrospire Investment Management
Chicago,
Illinois
| – | +$78 | +2 | New |
|
SGA Hedge Fund Activity: Q1 2016 in Review
49 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q1 2016, worth a combined $189M — up 3.7% from $183M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SGA and 5 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 18 added.
The largest buyer was WCM Investment Management, opening a new position worth an estimated $1.54M. The largest seller was Opus Capital Group, exiting entirely with an estimated $1.42M sold.
- 49 institutional investors held Saga Communications (SGA) as of Q1 2016, down from 53 in Q4 2015.
- Funds reported $189M of Saga Communications stock for Q1 2016, up 3.7% quarter-over-quarter.
- 5 funds opened new Saga Communications positions in Q1 2016 and 9 closed out, a net change of -4 holders.
- The largest Saga Communications buyer in Q1 2016 was WCM Investment Management, an estimated $1.54M added.
- The largest Saga Communications seller in Q1 2016 was Opus Capital Group, an estimated $1.42M sold.
Based on aggregated 13F filings for Q1 2016.