Saga Communications
50 hedge funds and large institutions have $235M invested in Saga Communications in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
10% more capital invested
Capital invested by funds: $213M → $235M (+$21.9M)
9% more funds holding
Funds holding: 46 → 50 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.91% less ownership
Funds ownership: 94.49% → 93.59% (-0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$882K |
| 2 |
RA
Royce & Associates
New York
|
+$582K |
| 3 |
Bank of New York Mellon
New York
|
+$500K |
| 4 |
Morgan Stanley
New York
|
+$469K |
| 5 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
+$402K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TL
TowerView LLC
New York
|
-$4.57M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1,000K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$466K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$447K |
| 5 |
SG Americas Securities
New York
|
-$186K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| – | -$2K | -46 | Closed |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$2K | -36 | Closed |
|
SGA Hedge Fund Activity: Q4 2016 in Review
50 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q4 2016, worth a combined $235M — up 10% from $213M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SGA positions and 3 closed out — a net gain of 4 holders — while 18 added to existing stakes and 15 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $882K. The largest seller was TowerView LLC, cutting an estimated $4.57M.
- 50 institutional investors held Saga Communications (SGA) as of Q4 2016, up from 46 in Q3 2016.
- Funds reported $235M of Saga Communications stock for Q4 2016, up 10% quarter-over-quarter.
- 7 funds opened new Saga Communications positions in Q4 2016 and 3 closed out, a net change of +4 holders.
- The largest Saga Communications buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $882K added.
- The largest Saga Communications seller in Q4 2016 was TowerView LLC, an estimated $4.57M sold.
Based on aggregated 13F filings for Q4 2016.